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Kenneth Cole names former Macy's exec as CEO
Kenneth Cole Productions Inc. has appointed an apparel industry veteran as CEO.
Marc Schneider will assume responsibility for the company's retail, outlet, e-commerce, international, licensing and wholesale businesses. He takes over from founder Kenneth Cole, who has served as interim CEO since February 2011.
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Foot Locker approves $220 million capital expenditures for 2015
New York – Foot Locker Inc. is investing in the future. The company’s board of directors has approved a $220 million capital expenditure program for 2015, maintaining the level of investment in the business that Foot Locker initiated in 2013.
In recent years, the Foot Locker has invested in a variety of strategic growth initiatives, including new store formats, continued expansion of its European banners, capabilities in its direct-to-customer segment, and various technology initiatives.

