Latest News

01 Mar Gap To Spin Off Old Navy

Posted at 08:57h in FDRA, Latest News

Gap Inc. announced plans to create two independent publicly traded companies: Old Navy and a yet-to-be-named company which will consist of the iconic Gap brand,...

22 Feb Asics Appoints Koichiro Kodama To Head Asics America

Posted at 09:17h in Latest News

“Gene made countless contributions to Asics America as he navigated the brand through an incredibly turbulent time for our industry and implemented numerous changes that...

22 Feb Foot Locker To Ramp Up Capital Spending In 2019

Posted at 09:10h in FDRA, Latest News

The increased spending reflects increased investments in the company’s store fleet in all existing regions, including Asia, and in its digital initiatives....

15 Feb Payless Preparing For Second Bankruptcy

Posted at 07:49h in FDRA, Latest News

Payless ShoeSource is preparing for a second trip to bankruptcy court after emerging from proceedings last year, A CNBC report said if Payless cannot...

15 Feb Jon Caplan To Retire From Genesco

Posted at 07:22h in FDRA, Latest News

Genesco Inc. announced that Jon Caplan recently announced his retirement as chief executive officer of Johnston & Murphy and Genesco’s Branded Group, effective at the...

15 Feb Puma Q4 Revenues Jump 20 Percent

Posted at 07:18h in FDRA, Latest News

Puma wrapped up 2018 by reporting significant earnings gains in the fourth quarter on a 20.1 percent revenue gain. For 2019, Puma expects earnings to...

14 Feb HanesBrands Q4 Powered By Huge Growth For Champion

Posted at 10:09h in FDRA, Latest News

HanesBrands announced fourth-quarter 2018 results, including net sales growth of 7 percent and double-digit operating profit growth. Both earnings and sales exceeded Wall Street’s targets. Champion sales...

08 Feb Foot Locker Announces Global Realignment To Support International Growth Strategy

Posted at 07:34h in FDRA, Latest News

Foot Locker Inc., the New York-based specialty athletic retailer, on Tuesday announced a realignment of its organizational operating model into three distinct geographical regions: Europe,...

08 Feb Nike Signs Clean Energy Deal In Europe

Posted at 07:31h in FDRA, Latest News

Nike signed its first European clean energy deal with Iberdrola, the Spanish utility, with a goal of having all its offices in Europe powered by...

08 Feb Foot Locker Announces $100M Strategic Investment In GOAT Group

Posted at 07:29h in FDRA, Latest News

Foot Locker Inc. announced that it is making a $100 million strategic minority investment through its subsidiary in 1661, Inc., d/b/a GOAT, a managed marketplace...