09 Mar Foot Locker Expands FLX Rewards Program To Canada
Foot Locker, Inc. is expanding its FLX Rewards program to Canada. The free membership program was initially launched in the U.S. in March 2020. FLX Rewards...
Author: Jolie Gracia
09 Mar New Adidas CEO Discusses Turnaround Strategy
On his first quarterly analyst call, Bjørn Gulden, Adidas’ new CEO, said the company plans to focus on culture, wholesale service levels, local go-to-market approaches,...
06 Mar Adidas Extends Deal With Union Berlin Until 2030
Union Berlin extended its kit deal with Adidas prematurely with the new deal expiring in 2030. The original date expired in 2025. Union president Dirk Zingler said,...
01 Mar Is The Supply Chain Crisis Over?
SGB Executive reached out to industry executives to get their perspectives on the supply chain’s ongoing recovery efforts. Responses surveyed from Case And Zippo, Cascade Designs,...
01 Mar Puma Posts Record Results, Provides Subdued Outlook For 2023
Puma reported record sales and earnings before interest and taxes in 2022 but warned that profits would likely fall as high-interest rates and inflation weigh...
27 Feb Report: Foot Locker In Discussions On India Entry
Indian multi-brand footwear company, Metro Brands, is talking with Foot Locker to bring the U.S. brand into India. According to ET Now, Foot Locker is reportedly in...
16 Feb Famous Footwear Parent Sees Fiscal 2022 Sales Up 7 Percent
Caleres reported that after a stronger-than-expected holiday performance and continued demand for its brands, the company provided preliminary, unaudited fiscal 2022 consolidated sales and earnings...
16 Feb Crocs Q4 Revenues Surge 61 Percent; Beats Analyst Targets
Crocs, Inc. reported earnings rose 23 percent in the fourth quarter ended December 31. Sales surged 61 percent with a boost from the acquisition of...
13 Feb Report: U.S. Retail Sales Up 8.8 Percent In January
According to Mastercard SpendingPulse, U.S. retail sales, excluding automobiles, were up 8.8 percent year-over-year in January. E-commerce sales were up 8.4 percent year-over-year, while in-store...
09 Feb Drexel Extends Partnership With Nike And BSN Sports
Drexel Athletics has extended its endorsement deal with Nike and BSN Sports to continue to be the school’s official apparel, footwear and uniform provider. Drexel has...