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27 Feb Report: Foot Locker In Discussions On India Entry

Posted at 12:44h in FDRA, Home, Latest News

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...

23 Feb Report: Pou Chen To Cut 6,000 Jobs In Vietnam

Posted at 22:53h in FDRA, Home, Latest News

Taiwan’s Pou Chen Corp., which makes footwear for Nike, Adidas and other athletic footwear companies, plans to cut around 6,000 jobs at its Ho Chi...

23 Feb Foot Locker Names Interim CFO

Posted at 22:51h in FDRA, Home, Latest News

Foot Locker, in a regulatory filing, stated that Robert Higginbotham had been appointed interim chief financial officer, effective March 1, in addition to his current...

23 Feb JD Sports Completes Divesture Of Tessuti Brands

Posted at 22:46h in FDRA, Home, Latest News

JD Sports Fashion Plc, parent of JD Sports, Finish Line, DTLR, and Shoe Palace, completed the divestment of the businesses which trade as Tessuti (inc...

16 Feb Famous Footwear Parent Sees Fiscal 2022 Sales Up 7 Percent

Posted at 16:03h in FDRA, Home, Latest News

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

Posted at 16:02h in FDRA, Home, Latest News

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

Posted at 11:41h in FDRA, Home, Latest News

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

Posted at 13:49h in FDRA, Home, Latest News

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...

09 Feb Kohl’s Names New Chief Merchant

Posted at 13:47h in FDRA, Home, Latest News

Kohl’s has named 25-year retail veteran Nick Jones as chief merchandising and digital officer, reporting directly to CEO Tom Kingsbury, effective in March. In this...

09 Feb Designer Brands Acquires Keds From Wolverine Worldwide

Posted at 13:46h in FDRA, Home, Latest News

Designer Brands, the parent of DSW, reported it acquired Keds from Wolverine Worldwide. The company also expanded its agreement with Hush Puppies to include U.S....