Arletha | December 31, 2010
Throughout his career, however, he had the feeling that there had to be a better way to sell shoe. Finally, in 1978, the 34-year-old Russell quit his job at Kinney Shoe Corp. to open his own shop. He combined his savings with money from his in-laws and opened a small shoe store that he dubbed [...]
admin | December 31, 2010
This would begin the intense battle between Puma and Adidas to get their shoe onto the feet of world-class athletes that would span the next several decades. This intense race to market new technologies spawned copyright and infringement lawsuits until 1960 when Puma, behind in sales by a nine to one ratio, paid West German [...]
Milissa | December 30, 2010
Shoe Carnival’s revenues rose 37 percent in 1994 to $214 million.2 million.2 million. The slide in net income was attributed to a number of factors. Several of the new stores that had been opened in Detroit, Alabama, and Georgia failed to live up to management’s expectations. Additionally, Shoe Carnival’s attempt to market private-label shoe was [...]