Titan Industries, footwear licensee for Badgley Mischka and Splendid, has announced Joel Oblonsky as its new CEO. Oblonsky brings twenty years of experience from Nine West Group, Polo Ralph Lauren and Nina Footwear.
The Rockport Group is exploring its options, including a possible sale, after one of the U.S. footwear maker’s major debtholders took ownership of the company, people familiar with the matter said Wednesday.
The billionaire co-owner of retailer Fawaz Alhokair Group has been arrested as part of an anti-corruption operation in Saudi Arabia. The group represents brands including Aldo, Mango and New Look in the Middle East.
Payless ShoeSource is the latest mall-based retailer to take a hit as consumers move online. The chained filed for Chapter 11 protection on Tuesday and will immediately close 400 stores in the US and Puerto Rico.
The Charlotte Russe app allows for customers to shop the fast fashion retailer's Instagram feed and search for items at any Charlotte Russe store. Since launching in July 2016, the app was downloaded 1 million times.
Bebe will reportedly close its brick-and-mortar locations to be an online brand. The women's retailer said in February that it would close 25 stores, the latest U.S. brand to buckle under the shift toward e-commerce.
Clothing firm Sunrise Brands LLC has bid for the e-commerce business and intellectual property of bankrupt U.S. retailer The Limited, challenging a $26.3 million offer from private equity firm Sycamore Partners.