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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.


The Latest News...

Bass Pro Exploring Financial Options
Bass Pro Shops has hired Moelis & Co. to explore alternatives to raise funds, according to a report in the Wall Street Journal. Sources told the journal one possibility may be a sale of a minority stake...(9/19/2014)

Vibram Partner Quabaug Hosts DOD's Top Procurement Officer
The Department of Defense's chief procurement officer toured the factory of Vibram USA's manufacturing partner Quabaug Corporation on Sept 11...(9/19/2014)

ISA TanTec's Vietnamese Plant Honored
ISA TanTec said its Vietnamese production facility has been nominated as one of the best tanneries in the world by World Leather magazine. ISA TanTec's Chinese facility won the honor in 2010 and the German company is now building a tannery in Mississippi to meet growing demand for U.S. sourced leather from footwear brands owned by Wolverine World Wide Inc., VF Corp. and Deckers Brands...(9/18/2014)

U.S. OUTDOOR Act Introduced in House and Senate
Outdoor Industry Association applauded a group of sponsors for introducing the U.S. OUTDOOR Act in both houses of Congress for the third time since 2009. Developed in close consultation with the outdoor industry, the U.S. textile industry, and congressional representatives, the bipartisan legislation is designed to lower costs for outdoor industry businesses, prevent rising retail prices for consumers and spur innovation by U.S. companies...(9/18/2014)

Under Armour Launches Major MapMyFitness App Portfolio Upgrade For iOS 8
The Under Armour Connected Fitness Team unveiled major app upgrades for iOS 8. The updates are packed with the latest health and fitness features including all-day activity tracking...(9/18/2014)

Brown Shoe Company Invests in Jack Erwin
Brown Shoe Company has invested in Jack Erwin, a men’s brand that offers handmade men’s shoes directly to consumers...(9/18/2014)

Shopko Expands Active Wear Assortments
Shopko is significantly expanding its exclusive offering of Energy Zone active wear as part of a broader expansion of its active apparel offering, which already features products from Nike, Puma, Adidas and other brands...(9/18/2014)

VF Corp. Lays Out Timberland's Five-Year Growth Plan
VF Corp. executives laid out their plans to grow Timberland's revenues by $1.4 billion during the next five years to reach $3.1 billion by the end of 2019. Growth in the Americas region will account for nearly half of the anticipated $1.4 billion in total revenue growth, representing an annual growth rate of 14 percent for the region. This U.S. led growth is expected to be balanced across both wholesale and direct-to-consumer channels...(9/17/2014)

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