Gap Inc. announces Monday it will launch an online footwear business. The Associated Press reports the clothing retailer has been struggling with declining sales as it faces more competition. Gap's electronic-commerce division is expected...

Reuters - Gap Inc said on Monday it would launch an online footwear business through its e-commerce division, Gap Inc. Direct, which will offer shoes for men, women and children by other designers.

Reuters - Footwear retailer Foot Locker Inc. on Wednesday said quarterly earnings rose slightly, beating a lowered forecast it gave earlier this month in part due to a one-time benefit from an accounting change.

Reuters - Nike Inc. on Tuesday posted a 19 percent rise in quarterly profit as robust sales of footwear and apparel in key markets such as the U.S. and Americas offset stagnant demand for Nike goods in Europe and Japan.

Ayinde O. Chase - All Headline News Staff Writer New York, New York (AHN) - Iconix Brand Group, Inc. announced on Monday today that it has entered into a license agreement to design, manufacture and distribute footwear for the Badgley Mischka brand. The revered designers known for dressing some...