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...
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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...
15 Mar OrthoLite And Novamont Create Circular Foam Material Solution For Use In Footwear
OrthoLite, the manufacturer of sustainable, performance and comfort insoles and footwear materials solutions, and Novamont, responsible for developing, producing, and eco-design of biodegradable and compostable...
15 Mar Report: New Brand Resale Index Recognizes REI, Arc’Teryx And On As Top Brands
Trove released its inaugural Brand Resale Index: Defining the Resale Experience. The Index evaluates leading practice adoptions across 40 brands in four industry verticals: fashion/apparel,...
15 Mar Puma Opens Running Testing Facility
Puma opened the Puma Nitro Lab, an athlete testing facility developed in partnership with Hartmann Orthopedics & Sports. Based at Hartmann’s facility near Frankfurt, Germany,...
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...
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,...
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