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Footwear Business UPDATE.
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Footwear Business UPDATE

Footwear Business UPDATE is the only continuously updated source for news for the Athletic and Casual Footwear markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The Footwear Business UPDATE newsletter is delivered via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.

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The Latest News...

Brooks Opens First Asian Subsidiary
Brooks Sports, Inc. said it will open its first Asian subsidiary, Brooks Sports K. K., in the world’s second largest running market, Japan. Partnering with Custom Produce INC. (CPI), Brooks will bring...(2/3/2012)

Rocky Brands Adds Distributors in Four Countries
Rocky Brands added new distributors in Germany, Finland, United Arab Emirates (UAE), United Kingdom and Russia...(2/3/2012)

Puma Partners with BMW Motorsport
Puma has entered into a new multi-year partnership with BMW Motorsport. The global sportlifestyle brand has become the official supplier of team and racewear for all BMW Motorsport racing operations, including DTM, ALMS and various high-profile long-distance races such as 24h Nürburgring...(2/3/2012)

Columbia Delivers Robust Q4 But Sees Softness in 2012
Columbia Sportswear reported earnings jumped 40.1 percent in the fourth quarter on a 15.1 percent increase in revenue. However, the outerwear giant said that given the unusually warm winter globally as well as "macro-economic challenges that continue to cloud the European and U.S. marketplaces," it only expects sales to grow in the low single digits in 2012... (2/2/2012)

LaCrosse Footwear's Q4 Sales Drop 16 Percent
LaCrosse Footwear reported fourth-quarter sales slid 15.9 percent to $43.8 million, compared to $52.1 million in the same period of 2010. Sales to the outdoor market were down 20 percent, reflecting a cautious retail environment and unfavorable weather conditions during the second half of 2011, partially offset by stronger demand for the company’s new hiking boots...(2/2/2012)

New Balance Proposes Expanded HQ in Brighton
New Balance is proposing to expand its Brighton campus with a new headquarters building, a track and field center, shops and restaurants, and a hockey rink...(2/2/2012)

Foot Locker Amends Credit Agreement
Foot Locker Inc. said that on Jan. 27, 2012, it entered into an amended and restated credit agreement. The restated credit agreement provides for a five-year asset-based revolving credit facility under which up to $200 million initially will be available... (2/2/2012)

Kantar: Comps Store Sales up 4.9 Percent in January
Retail same-store sales stepped up to a 4.9 percent gain in January largely on the back of improved results from a few retailers such as Costco and Target, according to Kantar Retail. The sales-weighted composite for the 21 retailers reporting—most of them apparel retailers—was better than the 3.6 percent same-store sales gain last month and the 4.2 percent gain in January of 2011...(2/2/2012)



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