Latest News

02 Jun NRF: Consumers To Spend Record Amount For Father’s Day

Posted at 09:44h in FDRA, Home, Latest News

Consumers will collectively spend a record-high $22.9 billion to celebrate Father’s Day this year, according to the annual survey released by the National Retail Federation and...

02 Jun Dr. Martens’ Revenues Expand 4 Percent Currency-Neutral In Fiscal Year

Posted at 09:44h in FDRA, Home, Latest News

Dr. Martens plc reported sales rose 10 percent in its fiscal year ended March 31 to £1,0 billion ($1.25 bn) from £908.3 million a year ago....

02 Jun Nike Apparel To Return To Macy’s

Posted at 09:43h in FDRA, Home, Latest News

On its first-quarter analyst call, Macy’s confirmed that Nike apparel would return to its selling floors. Nike ended distribution to the department store in 2021. Jeff...

25 May Shoe Carnival Eyeing Opportunity To Gain Share In Athletic Footwear

Posted at 14:35h in FDRA, Home, Latest News

Shoe Carnival lowered its full-year guidance as the first quarter was impacted by consumers pulling back due to inflation and lower federal tax refunds. However,...

25 May Nike Announces Senior Leadership Realignment

Posted at 14:33h in FDRA, Home, Latest News

Nike, Inc. made leadership changes to continue building on the brand’s strong momentum and underscore the company’s “commitment to product innovation, serving athletes and brand...

25 May Burlington Stores Comps Rise 4 Percent In First Quarter As Net Income Doubles

Posted at 14:32h in FDRA, Home, Latest News

Burlington Stores, Inc. reported fiscal first-quarter total sales increased 11 percent to $2.13 billion for the 13-week period ended April 29, compared to $1.93 billion...

22 May Adidas To Start Selling Yeezy Product At End Of May

Posted at 10:57h in FDRA, Home, Latest News

Adidas reported it would start selling its stockpile of millions of unsold Yeezy sneakers later this month from its defunct partnership with rapper Kanye West....

22 May Farfetch Limited, New Home To Reebok In Europe, Posts Solid Q1 Revenue Growth

Posted at 10:51h in FDRA, Home, Latest News

Farfetch Limited, the London-based global luxury fashion goods platform and the new home for the Reebok brand in Europe and global collaborations, reported that first-quarter...

19 May On’s First Quarter Profits Surge With 78 Percent Revenue Gain

Posted at 09:58h in FDRA, Home, Latest News

On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped...

19 May Retail Sales Inch Up In April, Driven By Inflation; Sporting Goods Stores See Decline

Posted at 09:57h in FDRA, Home, Latest News

Retail sales, which are adjusted for seasonality but not for inflation, rose 0.4 percent in April from March, the Department of Commerce reported on Tuesday,...