The Rockford, Michigan-based footwear manufacturer reported decreases in its first-quarter revenues and earnings on Thursday, providing updates on its latest strategic investments and reaffirming its full-year outlook.
Following the retirement of Joseph R. Gromek, the American footwear manufacturer announced the appointment of apparel and footwear industry vet David W. McCreight to its board of directors on Wednesday.
The American brand has made some changes to its European teams, promoting Jonathan Petty to the role of managing director of Osprey Europe, while Tom Entwistle will become vice president of sales and product for EMEA.
Retailers including Walmart, Target , Best Buy and Macy's , are making a direct appeal to President Donald Trump not to impose massive tariffs on goods imported from China, in a letter sent to the White House on Monday.
Footwear maker Wolverine Worldwide is facing a series of lawsuits for chemical dumping that contaminated wells on private property in Michigan with ingredients known to cause cancer, thyroid issues and other diseases.
The back off from Abercrombie & Fitch on Monday about a potential sale shows that mergers and acquisitions for fashion retailers are not the easiest move, only braved by a select few and avoided after a certain age.