The footwear brand is building on its momentum and recent entry into the European market with the announcement that it is creating two new business entities to operate more deeply across Europe as well as in China.
Payless ShoeSource is set to emerge from bankruptcy as soon as Wednesday and is banking on a strategy focused on bricks-and-mortar sales at a time when e-commerce is casting an ever-growing footprint on retail sales.
Investors in Adidas are increasingly worried that the FIFA scandal risks tarnishing the sportswear brand after the company declined to join other sponsors in demanding the immediate departure of President Sepp Blatter.
Following four store openings this spring, the country's largest branded footwear retailer has announced an additional six DSW Designer Shoe Warehouse locations set to open across the country this fall.
Shares in Europe's largest online fashion retailer Zalando rose on their Frankfurt stock market debut on Wednesday, one of a flood of internet start-ups hoping to ride the coattails of China's Alibaba.