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28 Apr Puma’s Q1 Boosted By Americas Momentum

Posted at 13:35h in FDRA, Home, Latest News

Puma reported earnings rose 11.2 percent in the first quarter on a 23.5 percent revenue gain. Currency-neutral growth of 19.7 percent was led by gains...

21 Apr March Retail Sales Grew Despite Higher Inflation

Posted at 15:06h in FDRA, Home, Latest News

Retail sales grew in March even as inflation edged higher, the National Retail Federation said. “March retail sales show that consumers have maintained their ability to...

21 Apr Skechers Announces Reportable Segment Change

Posted at 15:05h in FDRA, Home, Latest News

Skechers U.S.A., Inc. announced that it has changed its segment reporting, as the company refined the way it views its business operations and decision-making. Effective...

21 Apr NFW Closes $85 Million In Series B Funding Round

Posted at 15:00h in FDRA, Home, Latest News

Natural Fiber Welding, Inc. (NFW) announced it had closed an $85 million funding round to scale production of its all-natural circular material products coming to...

21 Apr LF Corp. Appointed Strategic Partner For Reebok In South Korea

Posted at 14:58h in FDRA, Home, Latest News

Authentic Brands Group (ABG) reached a long-term partnership agreement with LF Corp., giving the company the exclusive rights to distribute and sell Reebok apparel and...

13 Apr Designer Brands Sets $4 Billion Goal For Fiscal 2026

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

Designer Brands, the parent of DSW, raised its EPS outlook for the current year and established a goal of reaching $4 billion in sales by...

13 Apr U.S. Ports Seeing Brief Slowdown From Last Year But Imports Remain High

Posted at 13:18h in FDRA, Home, Latest News

The nation’s major retail container ports have begun to catch up with the backlog of cargo seen over the past several months but could experience...

07 Apr Brand Finance Ranking Report: Nike Retains Top Spot As Most Valuable Brand

Posted at 14:04h in FDRA, Home, Latest News

As a result of increased consumer demand for sportswear due to the pandemic, brands in the sector achieved significant value growth over the last year,...

07 Apr Zappos.com Appoints CEO

Posted at 14:02h in FDRA, Home, Latest News

Zappos.com announced the promotion of Scott Schaefer to CEO effective immediately. Schaefer, a long-tenured leader in the company, has been acting CEO since December 2021. Before...

07 Apr Nike To Open Technology Center In Atlanta

Posted at 14:02h in FDRA, Home, Latest News

Nike plans to open a technology center in Atlanta in a major expansion in the area, according to the Atlanta Business Chronicle. Nike’s Atlanta Technology Center,...