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15 Mar Puma Opens Running Testing Facility

Posted at 14:37h in FDRA, Home, Latest News

Puma opened the Puma Nitro Lab, an athlete testing facility developed in partnership with Hartmann Orthopedics & Sports. Based at Hartmann’s facility near Frankfurt, Germany,...

09 Mar Foot Locker Expands FLX Rewards Program To Canada

Posted at 11:06h in FDRA, Home, Latest News

Foot Locker, Inc. is expanding its FLX Rewards program to Canada. The free membership program was initially launched in the U.S. in March 2020. FLX Rewards...

09 Mar New Adidas CEO Discusses Turnaround Strategy

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

On his first quarterly analyst call, Bjørn Gulden, Adidas’ new CEO, said the company plans to focus on culture, wholesale service levels, local go-to-market approaches,...

06 Mar Adidas Extends Deal With Union Berlin Until 2030

Posted at 10:52h in FDRA, Home, Latest News

Union Berlin extended its kit deal with Adidas prematurely with the new deal expiring in 2030. The original date expired in 2025. Union president Dirk Zingler said,...

01 Mar Is The Supply Chain Crisis Over?

Posted at 13:40h in FDRA, Home, Latest News

SGB Executive reached out to industry executives to get their perspectives on the supply chain’s ongoing recovery efforts. Responses surveyed from Case And Zippo, Cascade Designs,...

01 Mar Puma Posts Record Results, Provides Subdued Outlook For 2023

Posted at 13:39h in FDRA, Home, Latest News

Puma reported record sales and earnings before interest and taxes in 2022 but warned that profits would likely fall as high-interest rates and inflation weigh...

27 Feb Report: Foot Locker In Discussions On India Entry

Posted at 12:44h in FDRA, Home, Latest News

Indian multi-brand footwear company, Metro Brands, is talking with Foot Locker to bring the U.S. brand into India. According to ET Now, Foot Locker is reportedly in...

23 Feb Report: Pou Chen To Cut 6,000 Jobs In Vietnam

Posted at 22:53h in FDRA, Home, Latest News

Taiwan’s Pou Chen Corp., which makes footwear for Nike, Adidas and other athletic footwear companies, plans to cut around 6,000 jobs at its Ho Chi...

23 Feb Foot Locker Names Interim CFO

Posted at 22:51h in FDRA, Home, Latest News

Foot Locker, in a regulatory filing, stated that Robert Higginbotham had been appointed interim chief financial officer, effective March 1, in addition to his current...

23 Feb JD Sports Completes Divesture Of Tessuti Brands

Posted at 22:46h in FDRA, Home, Latest News

JD Sports Fashion Plc, parent of JD Sports, Finish Line, DTLR, and Shoe Palace, completed the divestment of the businesses which trade as Tessuti (inc...