03 Apr U.S. Consumer Confidence Levels Drop For First Time In Four Months
The final confidence levels for March published in the Michigan Consumer Sentiment Index came in at 62.0, down 5.0 (negative 7.5 percent) from February—the first...
Author: Jolie Gracia
31 Mar Oofos Sees 82 Percent Year-Over-Year Sales Growth; Completes New Funding Round
Oofos recently completed a growth investment round of funding led by professional football quarterbacks Derek Carr and Alex Smith, and basketball coach Dawn Staley. The...
31 Mar Macy’s To Transition Chairman And CEO Role
Macy’s, Inc. Chairman and CEO Jeff Gennette plans to retire in February 2024 after working for the retailer for 40 years. Following a rigorous succession planning process that...
31 Mar Under Armour Names Steph Curry President of Curry Brand in Extended Partnership
Under Armour, Inc. extended and expanded its contract with the Golden State Warriors point guard and four-time NBA champion Stephen Curry in a deal beyond...
31 Mar Foot Locker Touts Benefits Of Multi-Brand Retailing
At the JP Morgan Retail Round Up Conference, Mary Dillon, Foot Locker’s CEO, said while Foot Locker expects to resume growth with Nike by holiday...
31 Mar The Athlete’s Foot Hires Lead Merchandiser And Buyer
The Athlete’s Foot (TAF) hired Beth Greenfield as its lead merchandiser and buyer. Greenfield has over 25 years of experience in retail, buying and merchandising,...
22 Mar On’s Revenues Surge 92 Percent In Fourth Quarter
On Holding AG significantly decreased its loss in the fourth quarter ended December 31 as sales vaulted 91.9 percent. For the current year, the Swiss...
22 Mar Foot Locker’s Shares Rise On Upgrades Following Investor Day
Shares of Foot Locker rose 7 percent on Tuesday as analysts at Citi and Evercore upgraded the stock following the retailer’s Investor Day on Monday....
22 Mar Nike, Inc. Posts Double-Digit Growth Across Regions In Fiscal Q2 As EPS Beats Outlook
Nike, Inc. reported fiscal 2023 third quarter reported revenues were $12.4 billion, up 14 percent compared to the prior year and up 19 percent on...
20 Mar Wolverine Worldwide Announces New Board Chairman And Directors
Wolverine World Wide, Inc. reported today that its Chairman and retired CEO, Blake Krueger, will retire from the Board on May 4. Tom Long, the...