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17 Feb Under Armour’s Q4 Tops Guidance, Warns Of Supply Chain Challenges

Posted at 12:59h in FDRA, Home, Latest News

Under Armour Inc. reported fourth-quarter earnings and sales exceeded Wall Street targets. Sales guidance was also raised for the current quarter, but margins are expected...

17 Feb January Retail Sales Overcome Omicron And Inflation To Show Strong Gains

Posted at 12:58h in FDRA, Home, Latest News

Retail sales powered through COVID-19’s Omicron variant, inflation and other challenges to post strong increases in January, the National Retail Federation said. “January’s numbers show that...

10 Feb Rack Room Shoes Launches Inclusive Nude Shades in Boots, Sandals to Increase Diverse Product Offerings

Posted at 13:57h in FDRA, Home

CHARLOTTE, N.C., Feb 8, 2022 – In an ongoing effort to promote inclusivity and celebrate diversity, Rack Room Shoes has introduced new boots and sandals...

10 Feb Nike Sues StockX Over NFTs

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

Nike has filed a lawsuit in the Southern District Court of New York against StockX, accusing the sneaker resale marketplace of using Nike’s trademarks without...

10 Feb Congested U.S. Ports Should See Slight Reprieve In First Half Of 2022

Posted at 13:48h in FDRA, Home, Latest News

Imports at the nation’s congested container ports are expected to grow modestly during the first half of 2022. However, continued high volume will keep up...

10 Feb Asics’ Revenues Climb 23 Percent In 2021

Posted at 13:48h in FDRA, Home, Latest News

Asics reported that despite the effects of COVID-19, net sales increased 22.9 percent in its year ended December 31 due to strong sales in all...

07 Feb Nike Becomes Equity Investor In The WNBA

Posted at 10:56h in FDRA, Home, Latest News

Nike, Inc. announced it had become an equity investor in the WNBA (Women’s National Basketball Association), following its 25-year commitment to the league. The WNBA...

03 Feb Dr. Martens Sales Q3 Climb 11 Percent

Posted at 12:17h in FDRA, Home, Latest News

Dr. Martens plc reported sales in the third quarter ended December 31 rose 11 percent year-over-year and 21 percent compared to 2019. Sales reached £307.0 million...

03 Feb Earth Shoes Appoints New CEO

Posted at 12:16h in FDRA, Home, Latest News

Earth Shoes has appointed Alison Bergen, formerly CEO of Aerosoles, as CEO. She takes over day-to-day leadership from former president Mark Parsley, who has left...

27 Jan Port Of Los Angeles Breaks Cargo Record In 2021, Sets Priorities For 2022

Posted at 13:28h in FDRA, Home

Breaking its previous calendar year record by 13 percent, the Port of Los Angeles processed about 10.7 million Twenty-Foot Equivalent Units (TEUs) during 2021. The...