Collective Brands Inc

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Crocs appoints Spanx exec Ribatt as CEO Michelle Russell | 16 Dec 14

US footwear business Crocs has appointed veteran footwear and apparel industry executive Gregg Ribatt as its chief executive officer.


US: Spanx CEO Goldman to leave group Michelle Russell | 12 Feb 14

US-based intimate apparel brand Spanx has confirmed its CEO, Laurie Ann Goldman, is leaving the company.


US: Wolverine Worldwide lifts FY guidance on record Q3 Leonie Barrie | 8 Oct 13

Footwear business Wolverine Worldwide today (8 October) lifted its full-year earnings guidance after the contribution from newly acquired brands led to a surge in third quarter sales and profit.


AUSTRALIA: Billabong reaches refinancing deal, sells DaKine Petah Marian | 16 Jul 13

Australian surfwear brand Billabong will sell its DaKine clothing and accessories brand and let go of chief executive Launa Inman as part of a refinancing deal.


US: Wolverine Q1 profit down despite record sales Richard Woodard | 17 Apr 13

Footwear business Wolverine Worldwide recorded a slight fall in first quarter profit, but saw revenues double thanks to a full quarter’s contribution from newly acquired brands.


US: Wolverine Worldwide swings to Q4 loss on acquisition costs Katie Smith | 20 Feb 13

Footwear maker Wolverine Worldwide has swung to a fourth-quarter loss on the back of costs related to its acquisition of Collective Brands' Performance & Lifestyle Group last year.


US: Payless ShoeSource axes 45 HQ jobs Katie Smith | 9 Jan 13

Footwear chain Payless ShoeSource is laying off some 45 employees at its headquarters in Topeka and eliminating 97 open positions as part of ongoing restructuring efforts.


US: Wolverine Worldwide reorganises for global growth Katie Smith | 8 Jan 13

Footwear maker Wolverine Worldwide has today (8 January) outlined a number of organisational changes designed to help drive global growth following its acquisition of Collective Brands' Performance & Lifestyle Group last year.


US: Wolverine Worldwide cuts outlook as Q3 profit falls Katie Smith | 16 Oct 12

Footwear maker Wolverine Worldwide has lowered its full-year earnings target after posting a 19% drop in third-quarter net profit amid challenging economic trading conditions in Europe.


US: Payless Holdings names Jones as CEO Petah Marian | 12 Oct 12

Payless Holdings, which owns Payless ShoeSource and Collective Licensing International, has appointed Paul Jones as CEO.


US: Collective Brands sale completes Petah Marian | 9 Oct 12

Wolverine Worldwide, Golden Gate Capital and Blum Capital have completed the acquisition of US footwear company Collective Brands.


US: Collective Brands swings to second-quarter profit Petah Marian | 3 Sep 12

US footwear group Collective Brands has swung to a second-quarter net profit despite closing hundreds of stores.


FRANCE: Collective Brands sets up French subsidiary Stuart Todd | 24 Aug 12

Footwear company Collective Brands, whose shareholders earlier this week approved a deal to sell it to Wolverine Worldwide and two private equity firms, has set up a subsidiary in France.


US: Shareholders approve Collective Brands sale Katie Smith | 22 Aug 12

Shareholders in footwear retailer Collective Brands have approved a deal to sell the company to Wolverine Worldwide and two private equity firms.


US: Collective Brands shareholders to vote on sale Petah Marian | 15 Aug 12

Collective Brands' shareholders are to vote next week on whether to approve a US$2bn deal that will see the company sold to Wolverine Worldwide and two private equity firms.


US: Wolverine Worldwide Q2 profit down 15.2% Katie Smith | 10 Jul 12

Footwear maker Wolverine Worldwide posted a 15.2% decline in second-quarter net earnings amid continued macroeconomic uncertainty in Europe.


US: Collective Brands Q1 net income rises 26% Petah Marian | 23 May 12

Collective Brands, the owner of the Payless ShoeSource and Stride Rite chains, has posted a 25.7% jump in first quarter net income on the back of rising revenue.


Spotlight on... Collective Brands' search for steady footing Petah Marian | 4 May 12

Footwear firm Collective Brands has spent the last five years trying to find a stable footing following the company's formation following Payless ShoeSource's acquisition of Stride Rite in 2007. Here just-style charts some of the key themes and events in the company's tumultuous history.


Top stories on just-style this week... Petah Marian | 4 May 12

Top stories on just-style this week included a report on the surge in Sri Lanka's apparel exports, India ending its ban on cotton exports, and the sale of Collective Brands to a consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital.


Top stories on just-style this week... Petah Marian | 4 May 12

Top stories on just-style this week included a report on the surge in Sri Lanka's apparel exports, India ending its ban on cotton exports, and the sale of Collective Brands to a consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital.


US: Collective Brands to be sold in $2bn deal Leonie Barrie | 1 May 12

A consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital has emerged as the winner in the race to buy footwear retailer Collective Brands Inc, after a $2bn deal was agreed today (1 May).


US: Collective Brands to be sold in $2bn deal Leonie Barrie | 1 May 12

A consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital has emerged as the winner in the race to buy footwear retailer Collective Brands Inc, after a $2bn deal was agreed today (1 May).


US: Wolverine World Wide leads Collective Brands bid? Petah Marian | 30 Apr 12

Collective Brands has allegedly chosen a group made up of Wolverine World Wide and Golden Gate Capital as the leading contender to buy the company.


US: E-Land allegedly planning Collective Brands bid Petah Marian | 30 Mar 12

Shares in footwear company Collective Brands shot up yesterday following reports that South Korean company E-Land Group is planning to make a bid for the company.


US: Collective Brands suffers Q4 loss Richard Woodard | 29 Feb 12

Footwear business Collective Brands slid to a fourth quarter net loss of US$41.6m, impacted by one-off charges related to store closures and other expenses.


US: Keds launches capsule footwear line with Madewell Leonie Barrie | 23 Feb 12

Sneaker brand Keds has teamed up with retailer Madewell to launch a limited-edition capsule collection.


US: Collective Brands inks licence deals for ten countries Petah Marian | 22 Feb 12

Collective Brands has inked new licence agreements to take a number of its brands to Mexico, Indonesia, Japan, five South American countries, and the Czech Republic.


US: Sperry Top-Sider inks five licensing agreements Petah Marian | 30 Jan 12

Footwear brand Sperry Top-Sider today (30 January) announced that it has entered a series of licensing agreements to extend its reach into bags, belts, hosiery, eyewear, swimwear, headware, scarves, gloves and shoe care.


US: Class action launched against Collective Brands Petah Marian | 27 Jan 12

A US law firm has launched a class action lawsuit against footwear company Collective Brands, claiming that it issued false and misleading statements regarding the business and its financial results.


US: Blackshaw appointed as Keds president Richard Woodard | 25 Jan 12

Collective Brands’ Performance and Lifestyle Group (PLG) has appointed Rick Blackshaw as president of its Keds footwear brand.

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