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11 Nov Macy’s Boosts Minimum Wage And Benefits To Workers

Posted at 12:32h in FDRA, Home, Latest News

Macy’s said it will raise its minimum wage to $15 per hour by next May due to a tight labor market. The department store chain...

11 Nov Wolverine Trims Full-Year Earnings Outlook On Supply Chain Woes

Posted at 12:31h in Chinese, FDRA, Home, Latest News

Wolverine World Wide, Inc. reported strong sales and underlying earnings gains for the third quarter ended October 2, 2021, but slightly reduced its earnings guidance...

11 Nov Brian Moore Appointed Senior Vice President, Global Product, Saucony

Posted at 12:31h in FDRA, Home, Latest News

Saucony, a division of Wolverine Worldwide, Inc., announced it had appointed industry veteran Brian Moore to senior vice president, global product, effective immediately. In his new...

04 Nov Black Diamond To Expand Retail Presence In U.S.

Posted at 13:03h in FDRA, Home, Latest News

Black Diamond Equipment announced it would open two retail stores this winter in Jackson Hole, WY and Burlington, VT followed by a third retail location...

04 Nov Deckers Brands Sees 16 Percent Q2 Growth On Hoka Momentum

Posted at 13:01h in FDRA, Home, Latest News

Deckers Brands reported sales increased 15.8 percent in its fiscal second quarter ended September 30, led by a 47.0 percent gain for Hoka One One....

04 Nov Foot Locker Completes Acquisition Of Atmos

Posted at 13:00h in FDRA, Home, Latest News

Foot Locker Inc. completed the acquisition of Atmos, a digitally-led retailer headquartered in Japan, for $360 million, subject to certain customary adjustments. Richard Johnson, chairman and...

28 Oct NRF Predicts Highest Holiday Retail Sales On Record

Posted at 11:38h in FDRA, Home, Latest News

Holiday spending has the potential to shatter previous records, as the National Retail Federation (NRF) forecasts that holiday sales during November and December will grow...

28 Oct Allbirds Seeks $2 Billion Valuation In IPO

Posted at 11:37h in FDRA, Home, Latest News

Allbirds Inc aims to be valued at over $2 billion in its initial public offering (IPO), according to an updated filing with the Securities &...

28 Oct VF Corporation Publishes Sustainability & Responsibility Report

Posted at 11:36h in FDRA, Home, Latest News

VF Corp. published its latest Made for Change Sustainability and Responsibility Report*, which highlights its achievements to date, including progress toward science-based targets. “VF Corporation and...

19 Oct FDRA Calls on President Biden to Eliminate 301 Tariffs Causing Kid’s Shoe Price Spikes

Posted at 14:26h in Home, Latest News

Today, the Footwear Distributors and Retailers of America (FDRA) sent President Biden a letter asking for help on behalf of American families facing historic retail...