Footwear

Jefferies & Company has initiated coverage on Nike (NYSE: NKE) with a Buy rating and $100 price target.

SKECHERS USA, Inc. (NYSE: SKX) today announced that it has signed a licensing agreement with Street Flyers, LLC to produce sporting goods and safety gear collections for children and young adults. Both are planned to launch in toy and mass market retailers throughout the U.S. and Canada in Spring...

Sterne Agee is out with its report today on Steve Madden (NASDAQ: SHOO), raising its PT from $40 to $44. In a note to clients, Sterne Agee writes, "We are raising our PT on a split-adjusted basis to $44 from $40 and the best is still yet to come, in our view. We believe the recent acquisitions are...

Sterne Agee has raised the price target on Steven Madden (NASDAQ: SHOO) to $44 and maintains its Buy rating following the 3:2 stock split and Topline and Cejon acquisitions.

Every season, a series of mediocre B-listers and professional dancers pair off on Dancing with the Stars, shaking their can-can for judges and an American public that shows an appalling lack of insight into what constitutes talent. This season, football player Hines Ward took the crown away from...

Piper Jaffray is reiterating its Overweight rating and $28 price target on shares of Crocs (NASDAQ: CROX) following a recent Europe visit. “Europe remains a significant growth opportunity for CROX, particularly for the direct channel as only 26 company-owned stores were open at the end of FQ1,”...

Iconix Brand Group, Inc. (Nasdaq: ICON) announced today the closing of its private offering of $300 million aggregate principal amount of 2.50% Convertible Senior Subordinated Notes due 2016, including $25 million aggregate principal amount of notes issued in connection with the full exercise by...

Shares of Skechers U.S.A. (NYSE: SKX) are trading lower on the session by 2.26%, at $17.72. With shares hovering just above its 42-week low, you have to wonder where they are heading next… Bulls: Bulls have not had a lot to hand their hats on over the past few months, but they will note that...

Steve Madden (Nasdaq: SHOO) today announced that it has completed its acquisition of privately held The Topline Corporation, a designer, producer, and marketer of private label and branded footwear. Founded by William F. Snowden in 1980, Topline sells its trend-right footwear primarily to...

NIKE (NYSE: NKE) announced today that Michael Spillane, currently CEO of Converse, will become CEO and President of Umbro and Jim Calhoun, currently CEO of Hurley, will become CEO and President of Converse. Both Michael and Jim will continue to report to NIKE, Inc. President of Affiliates, Roger...

Sears Holding Corporation (NASDAQ: SHLD) is expected to announce its Q1 earnings report on Thursday, May 19. Analysts expect a rough ride for Sears. Its earnings per share is expected to plunge on a yearly basis. The Street's Q1 estimate for Sears is a loss of $1.22 per share, or almost 4,000%...

Pre-open movers US stock futures are higher this morning, after upbeat earnings from Dell Inc (NASDAQ: DELL). Investors are awaiting the minutes from the meeting of the US Federal Reserve. Futures on the Dow Jones Industrial Average surged 26 points to 12,463.00 and futures on the S&P 500 stock...

Iconix Brand Group, Inc. (Nasdaq: ICON) announced today the pricing of its private offering of $275 million aggregate principal amount of 2.50% Convertible Senior Subordinated Notes due 2016 to be sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as...

( click to enlarge ) The earlier bullish outlook remains unaltered. Excellent relative strength to broad market. Elan Corporation, plc (NYSE:ELN) traced out a nice setup and the upside breakout has a lot of power. Volume surged and this breakout looks like it is here to stay. Fresh exposures...

NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.31 per share on the company's outstanding Class A and Class B Common Stock payable on July 1, 2011, to shareholders of record at the close of business on June 6, 2011