Foot Locker Inc. reported earnings climbed 96.3 percent in the third quarter ended October 29 to $157 million, or $1.17a share, from $80 million, or 57 cents, a year ago. Third quarter comparable-store sales increased 4.7 percent. Total sales increased 5.1 percent, to $1,886...
It's here! Thanksgiving and the Black Friday weekend represent the official start to the holiday shopping season. Weather conditions for most of the fall season to date have featured warmer temperatures to last year, particularly across the interior and western regions of the U.S. The...
With a similar concept as subscription box services, Saucony’s Runbox features handpicked items intended to help runners of all skill levels meet their goals. It’s highlighted by the Marle Edition of the Saucony Triumph ISO 3 (pictured below), a neutral running sneaker that features the...
Everything seems faster today. Change is happening more quickly than ever, and nowhere is this need for speed more evident than in the sports industry. Let’s examine the impact. One of the greatest weaknesses in the sports industry is speed-to-market....
Consumers will spend around $422 shopping for holiday gifts this 2016 season, according to new research comprised by Fit Small Business. To get to this specific number, Fit Small issued a survey that included questions on how much consumers expected to spend, their willingness to...
The White House has verified that the Obama Administration will not push forward in its efforts to seal the Trans-Pacific Partnership (TPP) during his last days in office. President-elect Donald Trump has opposing views in regards to the passing of the TPP...
“I went to school for business administration and accounting, so I’m a bit of a numbers jock. I’ve got an accounting degree. But I happened to work part time when I was in college in the shoe department in a Macy’s. That introduced me to...
Nike on Friday, November 11 will open a five-story, multi-sport category, 55,000-square-foot retail experience in New York City’s Soho neighborhood. The store, located at 529 Broadway at Spring Street, is designed to “deliver the best of Nike’s personalized services,” including exclusive trial spaces, product customization...
The company’s third-quarter highlights included an 11 percent sales increase, currency adjusted to €990 million (+8 percent reported), with growth across all regions, along with improved sell-through at Puma-owned retail and key retail partner locations. Gross profit margin, however, lay flat at 45.8 percent, despite...
Skechers, a global leader in lifestyle and performance footwear, is transitioning its business in South Korea from a third-party distributor to a new joint venture with Luen Thai Enterprises. LS Networks distributed Skechers in South Korea from 2009 to 2016....