Crocs Inc. has filed a complaint with the United States International Trade Commission (ITC) seeking an investigation of unlawfully imported shoes into the United States in violation of its registered trademarks. The company said its registered trademarks protect the brand’s products and designs, which are widely...
The impact of COVID-19 at major U.S. retail container ports appears to be easing with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates. “The...
FOR IMMEDIATE RELEASE June 2, 2021 Contact: Andy Polk apolk@fdra.org 202-744-7453 Washington, DC — The Footwear Distributors and Retailers of America (FDRA) today announced the start of a new executive leadership team to guide the footwear industry’s business and trade association over the next two years. The new leadership team was...
For Immediate Release – May 27, 2021 (Washington, D.C. and Pittsburgh, PA – May 27, 2021) - The Footwear Distributers and Retailers of America (FDRA), the footwear industry’s business and trade association, and First Insight, the world's leading technology company transforming how companies make product investment,...
A study from RunRepeat found that 28.76 percent of runners started with the activity during the pandemic. The organization surveyed 3,961 current runners to see how many began during the pandemic and to learn about their motivations for running, whether they’ll participate in races and how...
Foot Locker Inc. reported earnings and sales that came in well above pandemic-impacted year-ago levels as well as easily ahead of Wall Street’s targets. First Quarter Results The company reported a net income of $202 million, or $1.93 per share, for the 13 weeks ended May 1,...
The U.S. Customs and Border Protection (CBP) announced a new formal partnership arrangement with Nike Inc. as part of the Donations Acceptance Program. Under its partnership with CBP, Nike Inc. is donating proprietary technology to aid in authenticating a variety of Nike Inc. merchandise and...
Wolverine World Wide Inc. (WWW) announced the promotion of Isabel Soriano as President of International and the appointment of Katherine Cousins as global brand president of Sperry. Soriano joined Wolverine Worldwide in 2018 as vice president and managing director of EMEA, responsible for leading all company...
VF Corp. announced its launch of Venture Platforms, an innovation pillar that will focus on identifying and investing in new, future-focused opportunities. Venture Platforms is the newest component to VF’s overall brand portfolio strategy and complements the company’s two existing brand portfolio pillars: Core Brands, which...
Target reported first-quarter GAAP earnings per share (EPS) of $4.17, up 643.2 percent from $0.56 in 2020. First-quarter Adjusted EPS of $3.69, which excluded a $0.53 gain on the sale of Dermstore, grew 525.0 percent compared with $0.59 in 2020. Results on an adjusted basis...