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22 May Adidas To Start Selling Yeezy Product At End Of May

Posted at 10:57h in FDRA, Home, Latest News

Adidas reported it would start selling its stockpile of millions of unsold Yeezy sneakers later this month from its defunct partnership with rapper Kanye West....

22 May Farfetch Limited, New Home To Reebok In Europe, Posts Solid Q1 Revenue Growth

Posted at 10:51h in FDRA, Home, Latest News

Farfetch Limited, the London-based global luxury fashion goods platform and the new home for the Reebok brand in Europe and global collaborations, reported that first-quarter...

19 May On’s First Quarter Profits Surge With 78 Percent Revenue Gain

Posted at 09:58h in FDRA, Home, Latest News

On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped...

19 May Retail Sales Inch Up In April, Driven By Inflation; Sporting Goods Stores See Decline

Posted at 09:57h in FDRA, Home, Latest News

Retail sales, which are adjusted for seasonality but not for inflation, rose 0.4 percent in April from March, the Department of Commerce reported on Tuesday,...

19 May Lululemon’s Global Creative Director Passes Away

Posted at 09:56h in FDRA, Home, Latest News

Phil Dickinson, Lululemon’s SVP and global creative director and previously a 15-year Nike veteran, has passed away. The cause of his death was not disclosed. Dickinson...

19 May Coresight Research: Nike Tops Apparel/Footwear Sellers On Amazon

Posted at 09:56h in FDRA, Home, Latest News

Nike bounced back substantially to regain its position as the most popular apparel and footwear brand selling on Amazon, overtaking the e-tailer’s private label range...

15 May Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role

Posted at 10:20h in FDRA, Home, Latest News

Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in...

11 May Under Armour’s New CEO Delivers Playbook To Revive Growth

Posted at 13:21h in FDRA, Home, Latest News

In her first address to the investment community, Stephanie Linnartz, Under Armour’s new CEO, declared, “Growth is without a question our highest priority.” She cited footwear, women, sport style and full-price stores...

11 May Nordstrom Names Chief Financial Officer

Posted at 13:20h in FDRA, Home, Latest News

Nordstrom, Inc. hired Cathy R. Smith as chief financial officer, effective May 29. Smith joins Nordstrom from Bright Health Group where she has worked as chief financial...

11 May JD Sports Fashion Appoints New Group CFO

Posted at 13:19h in FDRA, Home, Latest News

JD Sports Fashion Plc, the parent company of JD, Finish Line, DTLR, and Shoe Palace, has appointed Dominic Platt as chief financial officer and as a member...