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27 Jan Nike Appoints SNKRS VP To Lead New Virtual Studios Division

Posted at 13:27h in FDRA, Home

Nike announced it had appointed Ron Faris as the VP of its SNKRS app and lead its Virtual Studios, a new division supporting Nike’s latest...

27 Jan Adidas Plans More Than 2,800 New Hires In 2022

Posted at 13:25h in FDRA, Home

Adidas said it plans to hire more than 2,800 employees in 2022, including more than 800 in its home country of Germany. Adidas said the majority...

20 Jan Holiday Sales Grew 14.1 Percent

Posted at 10:24h in FDRA, Home

Retail sales during 2021’s November/December holiday season grew 14.1 percent over 2020 to $886.7 billion, beating the National Retail Federation’s forecast and setting a record...

20 Jan Nike And Converse Reach Settlement With Ex-Employee In Custom-Shoe Case

Posted at 10:23h in FDRA, Home

Nike settled a custom-sneaker lawsuit against a former employee and his company in a trademark infringement case, according to World Trademark Review. Nike and Converse brought...

20 Jan Aerosoles Acquired By American Exchange Group

Posted at 10:21h in FDRA, Home

American Exchange Group, a maker of accessories, announced it had finalized an agreement to acquire the assets of the comfort footwear brand, Aerosoles. The companies...

13 Jan JD Sports Raises Outlook On Merry Holiday Results

Posted at 10:29h in FDRA, Home, Latest News

JD Sports Fashion, which owns Finish Line, DTLR Villa and Shoe Palace in the U.S., on Wednesday, raised its annual profit forecast for the second...

13 Jan Crocs Raises 2021 Sales Outlook

Posted at 10:26h in FDRA, Home, Latest News

Crocs Inc. announced it expects record 2021 revenues with approximately 67 percent growth compared to 2020. “2021 proved to be an exceptional year for the Crocs...