NEW YORK (July 21, 2008) — Matthew Serra is a bit bleary-eyed.
The chairman, president and CEO of $5.4 billion Foot Locker Inc. has just returned from a self-described “massive” mid-June meeting at the Beaverton, Ore., headquarters of Nike Inc., the firm’s largest supplier.
NEWS Crocs Slashes Guidance
NEW YORK (July 25, 2008) — The crumbling of Crocs continues. On Thursday at the close of the markets, Crocs Inc. reduced its quarterly revenue and earnings-per-share forecasts to well below Wall Street projections.
NEWS Merrell to Open First Company Store
NEW YORK (July 25, 2008) — Outdoor performance footwear and apparel brand Merrell is opening its first-ever company-owned U.S. store in San Francisco next month.
NEWS Rocky Swings to Q2 Profit
NEW YORK (July 25, 2008) — Rocky Brands Inc. swung to a second-quarter profit from a loss the prior year on a 3 percent increase in revenues.
