sneakers

Reebok to Refund $25M to Buyers of 'Toning Shoes'

Reebok's promise that its EasyTone and RunTone shoes could shape your legs and tone your butt sounded too good to be true. That's because they were, said the FTC Wednesday, when it ordered the footwear maker to give $25 million in partial refunds to customers who bought the products based on the inflated claims.

Nike's Direct Sales Poised to Grow in Emerging Markets

Nike is already the global leader in the athletic footwear, apparel and equipment business, and globally is where its future growth lies. Its online sales have surged, and with increasing Internet penetration in emerging markets, Trefis sees more impressive online sales growth ahead.

Nike's Growth May Hinge on Sports Apparel

The sports apparel maker certainly has gained most of its stock value based on its footwear collections, but Nike brand apparel still adds a healthy 25%. And since Nike's share in the sports apparel market has been gradually rising, that could mean good news ahead.