Nike Inc said on Friday March 20 it is reorganizing its global business to create six new geographical groups, part of an ongoing restructuring to bring goods closer to market and reduce management overlap.
Nike Inc's quarterly net profit rose 9 percent on higher-priced products and international growth, but revenue fell in the United States, its largest segment, and at the non-Nike brands group. Shares slipped 1.7 perce...
Snowboarding gear retailer Zumiez Inc posted a better-than-expected quarterly profit, but lowered its fiscal 2008 outlook citing a challenging macro environment, sending its shares down as much as 8 percent.
Ten years to the day after his murder at the age of 51, Italy's fashion capital will pay tribute to Gianni Versace on Sunday, July 15th with a glittering ballet performance at Milan's La Scala opera house.