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22 Sep Nordstrom Adopts ‘Poison Pill’ After Mexican Retailer Buys Stake

Posted at 17:06h in FDRA, Home, Latest News

Nordstrom, Inc. adopted a shareholder rights plan, more commonly known as a “poison pill,” to prevent outsiders from boosting their stake in the business after...

19 Sep Skechers Senior Vice President, Domestic Sales, To Retire

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

After nearly three decades with Skechers, Senior Vice President of Domestic Sales Rick Grahamannounced his retirement. “We’re celebrating the 30th anniversary of Skechers this year, and...

15 Sep Railroad Strike Averted After Tentative Deal Reached

Posted at 11:00h in FDRA, Home, Latest News

Railroads and workers’ unions reached a tentative labor agreement early Thursday, averting a national rail strike that threatened to shut a major segment of the...

15 Sep Deloitte: Holiday Retail Sales Expected To Increase 4 Percent To 6 Percent

Posted at 10:56h in FDRA, Home, Latest News

Holiday retail sales are likely to increase between 4 percent and 6 percent in 2022, according to Deloitte’s annual holiday retail forecast. Deloitte’s retail and consumer...

15 Sep Steph Curry Nearing $1B Lifetime Contract With Under Armour

Posted at 10:53h in FDRA, Home, Latest News

Steph Curry is poised to sign a lifetime contract with Under Armour worth “potentially more than $1 billion,” according to a report from Rolling Stone. The four-time...

08 Sep Target CEO Brian Cornell To Stay Three More Years

Posted at 17:23h in FDRA, Home, Latest News

Target said Brian Cornell agreed to remain in his role as CEO for an additional three years. With Cornell’s commitment, Target’s Board of Directors eliminated its retirement...

08 Sep Original Footwear Company Names CEO

Posted at 17:23h in FDRA, Home, Latest News

Original Footwear Company (OFC), the maker of tactical footwear, named Mark Cavanaugh as CEO, succeeding Founder Kevin Cole, who will remain on its Board of...

08 Sep Todd Krinsky New CEO Reebok

Posted at 17:22h in FDRA, Home, Latest News

Authentic Brands Group (ABG) has promoted Todd Krinsky as the new CEO of Reebok after acquiring the brand earlier this year. Krinsky replaces Matt O’Toole,...

08 Sep Puma’s First Metaverse Experience, Black Station, Debuts At New York Fashion Week

Posted at 17:18h in FDRA, Home, Latest News

Puma’s first metaverse website experience, called Black Station, featuring exclusive NFTs with limited edition redeemable physical sneakers as part of its ‘Futrograde’ will debut during...

01 Sep Caleres Appoints Senior Vice President And CFO

Posted at 16:28h in FDRA, Home, Latest News

Caleres announced that Jack Calandra was hired as senior vice president and CFO, effective September 12, 2022. The hire follows a previously announced CEO succession and as Caleres transitions,...