Home

20 Jan Holiday Sales Grew 14.1 Percent

Posted at 10:24h in FDRA, Home

Retail sales during 2021’s November/December holiday season grew 14.1 percent over 2020 to $886.7 billion, beating the National Retail Federation’s forecast and setting a record...

20 Jan Nike And Converse Reach Settlement With Ex-Employee In Custom-Shoe Case

Posted at 10:23h in FDRA, Home

Nike settled a custom-sneaker lawsuit against a former employee and his company in a trademark infringement case, according to World Trademark Review. Nike and Converse brought...

20 Jan Aerosoles Acquired By American Exchange Group

Posted at 10:21h in FDRA, Home

American Exchange Group, a maker of accessories, announced it had finalized an agreement to acquire the assets of the comfort footwear brand, Aerosoles. The companies...

13 Jan JD Sports Raises Outlook On Merry Holiday Results

Posted at 10:29h in FDRA, Home, Latest News

JD Sports Fashion, which owns Finish Line, DTLR Villa and Shoe Palace in the U.S., on Wednesday, raised its annual profit forecast for the second...

13 Jan Crocs Raises 2021 Sales Outlook

Posted at 10:26h in FDRA, Home, Latest News

Crocs Inc. announced it expects record 2021 revenues with approximately 67 percent growth compared to 2020. “2021 proved to be an exceptional year for the Crocs...

13 Jan Retail Import Growth Levels Out But Volume Remains High

Posted at 10:19h in FDRA, Home, Latest News

After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022, but...

06 Jan Mastercard: U.S. Holiday Sales Grew 8.5 percent

Posted at 12:36h in FDRA, Home, Latest News

According to Mastercard SpendingPulse, holiday retail sales, excluding automotive, increased 8.5 percent year-over-year this holiday season, running from November 1 through December 24. Notably, online...

06 Jan Dr. Martens Sees 24 Percent Currency-Neutral Growth In First Half

Posted at 12:28h in FDRA, Home, Latest News

Dr. Martens PLC reported sales grew 16 percent in the first half through September 30 and gained 24 percent on a currency-neutral basis. Sales reached £369.9...

06 Jan NRF: Widespread Shutdowns Unlikely Amid Omicron Surge

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

In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022 and could...

16 Dec Gildan Activewear Announces Acquisition Of Frontier Yarns

Posted at 15:31h in FDRA, Home, Latest News

Gildan Activewear Inc. announced that through one of its wholly-owned subsidiaries it has acquired 100 percent of the equity interests of Phoenix Sanford, LLC, the...