Asics Corp. (ASCCF) plans to start selling cheaper shoes in a bid to boost its sales.
Asics will start selling shoes with a recommended retail price of about $60. Previously, it sold running shoes priced between $75 and $125, leaving the lower end of…
The owners of National Football League franchises will be presented with a proposal that will give the league’s apparel and sideline rights to Nike (NKE), CNBC reported.
Nike, Adidas (ADDYY) and Under Armour (UA) all bid for the rights, CNBC reported without naming its sources. The value of the deal is not currently known.
Reebok, which is now owned by Adidas, reportedly paid $300…
Continue reading Proposal to Give NFL Apparel Rights to Nike
Proposal to Give NFL Apparel Rights to Nike originally appeared on DailyFinance on Tue, 12 Oct 2010 08:00:00.
Filed Under: Company News, Media
Nike’s fiscal first-quarter profit rose 9% as a surge in emerging-market sales, less inventory and fewer discount sales offset the negative effect of foreign-exchange rate changes. Shares fell in extended trading after the comp…
Kenneth Cole, designer and founder of Kenneth Cole Productions (KCP), is in talks to sell the shoe clothing company to Iconix Brand Group, a licensing company run by his brother, Neil.
It is not clear when the takeover will happen, if at all, Bloomberg News reported without naming its sources.
Iconix owns brands including Candie’s and London Fog, licensing them to retailers and…
Continue reading Kenneth Cole Considering Selling Company
Kenneth Cole Considering Selling Company originally appeared on DailyFinance on Mon, 20 Sep 2010 06:45:00.
Filed Under: Company News, Economy, People, Retail, Small Business