Compass Diversified, the publicly traded parent of 5.11, Velocity Outdoor and baseball brand Marucci is acquiring BOA Technology, the Denver-based dial-based fit system firm for $454 million in a merger transaction projected to close by Oct. 31. Read the full story.
After reporting first quarter results yesterday that exceeded Wall Street expectations, Nike senior executives stressed the company’s commitment to continued technology investments, data mining for... Read the full story.
We put two new work boot lines under the spotlight: Michelin’s new collection by Rocky Brands and Ariat’s line that focuses on women.
A new collection of Michelin safety footwear, designed and distributed by... Read the full story.
The chairman emeritus of the Board at W.L. Gore & Associates, the Newark, Delaware-based Global material science company, died Sept. 17. Robert W. “Bob” Gore was 83 and served the Gore brand for 57 years, including five as president and 30 as chairman. Read the full story.
Reebok has launched the first-ever USDA certified plant-based running shoe: Forever Floatride GROW — and for a lucky few it also comes with a side of fresh produce. Read the full story.
Regional value-based retailer Academy Sports + Outdoors, which filed for a proposed $100 million offering of public stock last week, generated more than $1.02 billion in footwear sales for the fiscal year ended Feb. 1, 2020. Read the full story.
Geox, the publicly traded parent of the Italian classic and comfort brand, is making changes to its operations in the U.S. and Canada in effort to improve profitability across the region. Read the full story.
Wisconsin-based Weinbrenner Shoe Company, Inc., the manufacturer of Thorogood job-fitted footwear recently announced the realignment of its sales management team. Jason Taran, formerly Public Safety and Military Sales Manager has been... Read the full story.
Citing “exceptional consumer demand and strong sellthroughs,” the Broomfield, CO company last week projected its third-quarter sales will increase approximately 10 percent from the $312.8 million generated in the year-ago period. Read the full story.
Under Armour is launching its first women’s-specific basketball shoe, the UA HOVR Breakthru, on September 17. Available in seven colorways, the $110 HOVR Breakthru will exclusively be sold at Dick’s Sporting Goods, UA.com, and UA Brand Houses. Read the full story.
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