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20 Feb REI Ranks as Top Employer

Posted at 12:06h in FDRA, Home, Latest News

REI Co-op was again recognized as a top employer, ranking 60 on Fortune’s 100 Best Companies to Work For list....

19 Feb Puma’s Q4 Revenues Climb 21 Percent

Posted at 14:18h in FDRA, Home, Latest News

Puma reported earnings jumped 55.0 percent in the fourth quarter on a 30.6 percent revenue gain. All regions and all product divisions were up by double digits. 2019 Fourth Quarter Facts Sales increase by 20.6 percent reported to €1,479 million (+18.3 percent currency adjusted) with double-digit...

19 Feb Adidas’ China Business Activity Tumbles 85 Percent Due To Coronavirus

Posted at 14:17h in FDRA, Home, Latest News

Adidas said on Wednesday that its business in the greater China area had dropped by about 85 percent year-on-year in the period since Chinese New Year on January 25....

18 Feb Moody’s Assigns A3 Ratings To VF’s Proposed Euro Notes

Posted at 11:10h in FDRA, Home, Latest News

Moody’s Investors Service assigned A3 ratings to V.F. Corporation’s proposed senior unsecured Euro notes....

18 Feb Famous Footwear’s Q4 Comps Jump 5.1 Percent

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

Caleres, the parent of Famous Footwear and a number of wholesale footwear brands, reported preliminary fourth-quarter 2019 net sales results....

18 Feb NBA To Lose ‘Hundreds Of Millions’ In China Over Hong Kong Tweet

Posted at 11:07h in FDRA, Home, Latest News

NBA Commissioner Adam Silver said on Saturday that the league will likely lose “hundreds of millions of dollars” in lost sponsorships and broadcast revenue from its standoff with the Chinese government after an executive last year tweeted his support for Hong Kong’s protesters....

18 Feb Anta Sports Sees Coronavirus Outbreak Impacting First-Half Results

Posted at 11:05h in FDRA, Home, Latest News

Anta Sports Products expects the coronavirus outbreak will impact its financial performance in the first half of 2020 but is aiming for a recovery in the second half, the Chinese company said in a stock exchange filing. Roughly 40 percent of the company’s stores in...

13 Feb Bass Pro Shops Ranks As Third Most Reputable Retailer in U.S.

Posted at 13:16h in FDRA, Home, Latest News

For the second consecutive year, customers ranked Bass Pro Shops and Cabela’s as two of the most reputable retailers in the world for overall customer experience, according to 2019 Retail Reputation Report compiled by Reputation.com. Bass Pro Shops moved up the list from 12th last year...

13 Feb Allbirds Appoints Nancy Green To Board Of Directors

Posted at 13:12h in FDRA, Home, Latest News

Allbirds, the footwear start-up, announced that it has appointed Nancy Green, president and chief creative officer of Old Navy and former president of Athleta, to its Board of Directors. Green brings with her decades of experience in the retail space, including a six-year tenure as president...

13 Feb Vans Opens First Community-Driven Retail Store in Downtown Los Angeles

Posted at 13:05h in FDRA, Home, Latest News

Vans opened its first community-driven retail and event space in Downtown Los Angeles. The 11,500 sq. ft. space pays homage to Los Angeles’ skateboarding roots and art community over two floors featuring work from a number of local makers, a wide range of Vans footwear,...