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09 Nov Nike Suspends Relationship With Kyrie Irving

Posted at 14:09h in FDRA, Home, Latest News

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Nike suspended its ties with Brooklyn Nets star Kyrie Irving and canceled his line of shoes following his promotion on social media of an anti-semitic...

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03 Nov EXEC: Hoka Delivers Another Powerhouse Performance For Deckers Brands

Posted at 15:00h in FDRA, Home, Latest News

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Deckers Brands said Ugg saw a solid performance in the fiscal second quarter ending September 30, continuing to benefit from progress diversifying beyond classics. However,...

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03 Nov Crocs Lifts Guidance As Q3 Results Beat Plan

Posted at 14:59h in FDRA, Home, Latest News

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Crocs Inc. raised its outlook for the year after reporting third-quarter earnings and sales topped guidance.  “Our exceptional third quarter results, including record revenue and industry-leading...

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03 Nov Under Armour Slightly Lowers Full Year Outlook

Posted at 14:57h in FDRA, Home, Latest News

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Under Armour Inc. slightly reduced its EPS and sales guidance for the year despite reporting fiscal second-quarter results that were in line with company expectations...

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25 Oct Adidas Ends Partnership With Kanye West

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Adidas said on Tuesday that it is ending its partnership with Ye, formerly known as Kanye West, after the rapper made antisemitic remarks.  Adidas said the...

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25 Oct Lacoste Names Deputy CEO

Posted at 14:55h in FDRA, Home, Latest News

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Lacoste promoted Catherine Spindler to deputy chief executive officer. Spindle joined Lacoste as chief brand officer in 2019. Spindle is responsible for strengthening the brand’s identity through its...

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25 Oct Cowen Survey: Nike, Lululemon and Dick’s SG Seize Share With Younger Consumers

Posted at 14:54h in FDRA, Home, Latest News

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According to Cowen’s Fifth Annual proprietary Gen Z and Millennial survey, Nike, Lululemon and Dick’s Sporting Goods showed the strongest competitive positions and/or growth in...

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25 Oct NPD Group Report: U.S. Footwear Q3 Sales Flat

Posted at 14:53h in FDRA, Home, Latest News

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According to the NPD Group, in third quarter 2022, U.S. footwear sales revenue was flat at $10.8 billion versus Q3 2021. It further noted that...

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20 Oct Adidas Completes Second Share Buyback Program In 2022

Posted at 16:49h in FDRA, Home, Latest News

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Adidas has completed its second share buyback program this year. On March 1, 2022, the company announced it would launch another share buyback program in mid-March...

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20 Oct Red Wing Shoe Names CEO

Posted at 15:18h in FDRA, Home, Latest News

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Red Wing Shoe Company announced that its board of directors has named Allison Gettings president and chief executive officer, effective January 1, 2023. Gettings, who...

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