Crocs Inc. announced its commitment to becoming a net-zero company by 2030. It said that its Classic Clog already has a low carbon footprint. To achieve its 2030 goal, Crocs is focused on sustainable materials, packaging, investments in resource use, and innovative product afterlife solutions to...
JD Sports Fashion has transferred the ownership of Baltimore-based retailer DTLR Villa to its U.S. unit to align all its businesses under one entity. JD acquired DTLR in February for $495 million with the deal following the purchase of Shoe Palace in December. “It was always JD’s...
Brooks Running outlined its 2030 planet strategy that includes a commitment to achieve net-zero carbon emissions by 2040. “At Brooks, we think that climate change demands urgent and universal action,” said David Kemp, senior manager, Corporate Responsibility, Brooks Running. “Because more than 150 million people worldwide...
Timberland has partnered with ReCircled to support the upcoming launch of its global product take-back program. The program will support Timberland’s circular design and development cycle. It also supports the brand’s vision, announced last fall, for its products to have a net positive impact on the...
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,...