Author: FDRA Staff

Adidas has launched the auction to sell its Reebok brand with the first round of bids to be submitted next week, according to a report from Reuters. On February 16, Adidas AG formally announced plans to divest its underperforming Reebok brand after announcing last December it...

Under Armour announced plans to redevelop its waterfront land in South Baltimore’s Port Covington as a global headquarters by 2025. Under Armour described the development as a “reimagine for a post-COVID environment” that will downsize its global corporate and Americas regional functions into one location...

In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,”  which outlines a series of actionable commitments the company will implement over the next few years. Those commitments include that 100 percent of the top materials...

Vans announced its global commitments to environmental sustainability and responsibility by 2030. The company plans to create circular products and systems that use regenerative and recycled materials to reduce waste and keep products in use and out of landfills.  To achieve its sustainability vision by 2030, Vans’ commitments...

TOMS Unveils New Look, New Impact Strategy Celebrates 15 Years With Re-Imagined Impact Strategy LOS ANGELES, CA, April 6, 2021 - TOMS®, the original One for One company, is marking its 15th Anniversary with the introduction of a new impact strategy and updated visual identity. Since 2006, TOMS...

Asics selected four startups’ collaboration proposals at its demo day, based on vision and feasibility. The theme for applications for the program was “Sound Mind, Sound Body.” Application enrollment began in October 2020 and the event took place on February 22, 2021 at the Asics Japan...

JD Sports Fashion Plc said it completed its acquisition of DTLR Villa LLC. Peter Cowgill, executive chairman, JD Sports, said, “We are delighted that this transaction, which gives us an enhanced presence in the North and East of the United States, has now formally completed. We look...

Shoe Carnival Inc. reported earnings vaulted 114 percent as margins improved and same-store sales ran up 6.4 percent. “Our exceptional results for fiscal year 2020 were achieved thanks to the resiliency and dedication of the Shoe Carnival team, the unwavering support of our loyal customers, and...