CCS to Open Brick-and-Mortar Store

Online skate retailer, CCS, is opening a store in California and one in New Jersey down the road. Most of you will recall that CCS was bought by Foot Locker about a year ago. In the first quarter, Foot Locker said CCS sales were weaker than planned. However, Foot Locker expects CSS to generate a double-digit profit margin for the year. In other skate news for Foot Locker, executives said the company is launching a large skate initiative in a “significant” amount of its European stores. Vulcanized shoes are a hot trend that is “developing rapidly” in the global marketplace. Vulcanized styles from Nike, Adidas, Puma and Converse are performing particularly...