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16 Sep Crocs Sets Goal To Reach $5 Billion In Sales By 2026

Posted at 11:25h in FDRA, Home, Latest News

Crocs Inc. unveiled a five-year growth framework aimed at achieving $5 billion in revenues by 2026, more than triple revenues of $1.4 billion in 2020. The...

09 Sep On Running Sets Pricing Terms For IPO

Posted at 14:13h in FDRA, Home, Latest News

On Holding AG, the Swiss running brand, estimates it will raise net proceeds of approximately $448.6 million after underwriting expenses from its initial public offering...

09 Sep Eagle Creek Sold To Travis Campbell

Posted at 14:11h in FDRA, Home, Latest News

VF Corp announced that it has sold Eagle Creek to Travis Campbell, the former president of emerging brands at VF. The sale comes after VF...

02 Sep Shoe Carnival’s Earnings Surge In Second Quarter

Posted at 14:40h in FDRA, Home, Latest News

Shoe Carnival Inc. reported earnings in the second quarter ended July 31 increased four-fold as same-store sales grew 11.4 percent. Results came in well above...

02 Sep Nike Aims To Reduce Carbon Footprint

Posted at 14:38h in FDRA, Home, Latest News

Nike is exploring the use of AirCarbon, a carbon-negative biomaterial produced by microorganisms from the ocean through a partnership with Newlight Technologies. AirCarbon is currently used...

26 Aug Nordstrom Raises Revenue Forecast As Sales Revive

Posted at 11:18h in FDRA, Home, Latest News

Nordstrom Inc. raised its guidance for the year after reporting second-quarter results that topped expectations. Nordstrom said the results reflected a continued broad-based improvement in sales...

26 Aug Nike Partners With Newlight Technologies To Reduce Carbon Footprint

Posted at 11:09h in FDRA, Home, Latest News

Newlight Technologies announced a partnership with Nike to explore the use of AirCarbon, a carbon-negative biomaterial produced by microorganisms from the ocean. AirCarbon is currently used...

12 Aug Jordan Footwear VP To Retire

Posted at 15:01h in FDRA, Home, Latest News

Gentry Humphrey has announced his retirement from Nike Inc., according to a Complex report. He most recently served as the VP of Footwear for the Jordan...

12 Aug Salomon Appoints New President

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

Amer Sports Corp. announced the planned appointment of Franco Fogliato as president and CEO of Salomon. The appointment will be effective no later than March...

12 Aug Retail Cargo Expected To Set Record In August

Posted at 14:59h in FDRA, Home, Latest News

Imports at the nation’s largest retail container ports should hit another record in August as consumer demand continues to stretch supply chains and retailers shift...