November 25, 2019 Famous Footwear’s Athletic Sales Improve in Q3
Caleres’ net income slipped 4% in the third quarter ended Nov. 2 to $27,987,000 from $29,153,000 on 2% higher sales of $792,375,000 up from $775,829,000 helped by a 5% improvement from the Brand Portfolio while Famous Footwear was slightly down. Roger Federer Takes Stake in On
The tennis titan has made an unspecified investment in small Swiss sneaker brand On, and will also be a contributing product designer and representative for the company, the New York Times reported. Report: Dr. Martens Close to Being Sold
Carlyle Group is considering making a bid for the British footwear brand, whose current PE owner Permira has been shopping the company since last summer, according to a report in Bloomberg citing inside sources. Lafuma is Selling Eider to South Korean Company
K2, a South Korean technical outdoor company which is not related to the ski brand, is already the licensed distributor of the Eider brand for South Korea. Junonia Sues Brooks over Juno Bra
Minnesota-based Junonia, Ltd. is suing Brooks Sports for infringing on its registered Juno trademark for women’s clothing that it has used since 2002. Etcetera: Adventure 16, Lem Helmets, REI
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