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06 May Adidas Launches Auction For Reebok

Posted at 12:19h in FDRA, Home, Latest News

Adidas has launched the auction to sell its Reebok brand with the first round of bids to be submitted next week, according to a report...

29 Apr Heelys Sold To BBC International

Posted at 11:51h in FDRA, Home, Latest News

Sequential Brands Group Inc. announced that it has closed on the sale of its Heelys brand to BBC International for $11 million in cash proceeds. BBC...

22 Apr Under Armour Downsizes Port Covington Headquarters Plan

Posted at 11:02h in FDRA, Home, Latest News

Under Armour announced plans to redevelop its waterfront land in South Baltimore’s Port Covington as a global headquarters by 2025. Under Armour described the development...

22 Apr The North Face Announces Environmental Commitments

Posted at 10:54h in FDRA, Home, Latest News

In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,” which outlines a series of actionable...

15 Apr Sneaker Reseller StockX’s Valuation Reaches $3.8 Billion In New Funding Round

Posted at 10:24h in FDRA, Home, Latest News

StockX LLC said it had notched a $3.8 billion valuation by selling $60 million of new stock and letting some employees sell $195 million of...

15 Apr Nike Ranked Most Valuable Apparel Brand For Seventh Consecutive Year

Posted at 10:22h in FDRA, Home, Latest News

Nike ranked as the world’s most valuable apparel brand for the seventh consecutive year, although the brand value was down 13 percent to US$30.4 billion,...

08 Apr Foot Locker Releases 2019/20 Impact Report

Posted at 10:06h in FDRA, Home, Latest News

Foot Locker Inc. released its Impact Report, which describes the company’s efforts to advance its environmental, social and governance (ESG) priorities. “As a purpose-driven organization, Corporate...

08 Apr U.S. Consumer Confidence Surges To One-Year High

Posted at 10:05h in FDRA, Home, Latest News

U.S. consumer confidence in March climbed to a one-year high, after a modest increase in February, as Americans grew more upbeat about the economy and...

08 Apr Dick’s SG Announces Grand Opening of ‘Dick’s House of Sport’ And Elevated Golf And Soccer Offerings

Posted at 09:32h in FDRA, Home, Latest News

Dick’s Sporting Goods will expand its national footprint with the opening of its first Dick’s House of Sport, a new concept store in Victor, NY,...

31 Mar Asics Selects Four Startups For Accelerator

Posted at 12:25h in FDRA, Home, Latest News

Asics selected four startups’ collaboration proposals at its demo day, based on vision and feasibility. The theme for applications for the program was “Sound Mind,...