Latest News

22 Oct Centric Brands Emerges From Bankruptcy

Posted at 10:44h in FDRA, Home, Latest News

Centric Brands has completed its financial restructuring and emerged from bankruptcy protection after filing in May. The company reduced its debt by roughly $700 million, leaving...

22 Oct Amazon Breaks $3.5 Billion In Third-Party Prime Day Sales

Posted at 10:28h in FDRA, Home, Latest News

Amazon said third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, growing even more than Amazon’s retail business. Prime...

22 Oct Asics Appoints President And COO Of North America

Posted at 10:27h in FDRA, Home, Latest News

Asics announced the appointment of Richard Sullivan to president and chief operating officer for Asics North America (ANA). Barbara Turner will assume the role of...

22 Oct VF Corp. Posts Better-Than-Expected Earnings

Posted at 10:24h in FDRA, Home, Latest News

VF Corp. reported earnings and sales declined in the second quarter ended September 26 as a result of the impact of COVID-19. However, both came...

22 Oct Caleres Appoints VP Of Diversity, Equity And Inclusion

Posted at 10:23h in FDRA, Home, Latest News

Caleres Inc. announced Amy Hunter will join the company as VP of Diversity, Equity and Inclusion to drive its strategy development and organization and oversee...

22 Oct Reports: Adidas Exploring Sale Of Reebok

Posted at 10:21h in FDRA, Home, Latest News

Adidas is exploring a sale of its Reebok division, according to reports in Germany’s Manager Magazin and Bloomberg. A source familiar with the matter told Bloomberg...

15 Oct Imports Set New Record As Retailers Replenish Inventories And Stock Up For Holidays

Posted at 10:22h in FDRA, Home, Latest News

Imports reached an all-time high this summer as retail sales bounced back from the pandemic and merchants replenished inventories and stocked up early for the...

15 Oct eBay To Authenticate Sneakers $100+ In U.S.

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

eBay announced the expansion of its Authenticity Guarantee service for sneaker sales on its platform. Through this program, all new and pre-owned collectible sneakers sold...

15 Oct JackRabbit Parent Completes Acquisition Of Shoes.com

Posted at 09:56h in FDRA, Home, Latest News

CriticalPoint Capital, (CPC) the Los Angeles-based private investment firm and owner of JackRabbit and Olympia Sports, has completed the acquisition of Shoes.com from Walmart, Inc. Shoes.com...

15 Oct VF Appoints New President, The North Face

Posted at 09:55h in FDRA, Home, Latest News

VF Corp. appointed Steve Murray global brand president, The North Face. Previously VF’s president of the Americas Region, Murray replaces Arne Arens who has stepped...