Latest News

02 Dec Sparc To Run U.S. Reebok Operations For Authentic Brands Group

Posted at 16:00h in FDRA, Home, Latest News

Authentic Brands Group (ABG) signed a long-term strategic partnership with Sparc Group to become the core licensee and operating partner for Reebok in the U.S. Sparc,...

01 Dec Puma North America Raises Hourly Wage for Retail Employees

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

Puma announced that it will raise its minimum wage for Puma North America and Puma Canada retail employees to $15 per hour, effective November 29. “Our...

01 Dec Adobe: Black Friday Online Spending Sees Slight Decline

Posted at 11:04h in FDRA, Home, Latest News

Total online spending on Black Friday was $8.9 billion, down from sales of $9 billion in 2020, according to Adobe Analytics. Results came in at...

01 Dec EBay Acquires Sneaker Con Authentication Business

Posted at 11:03h in FDRA, Home, Latest News

EBay, Inc. has agreed to acquire Sneaker Con Digital’s authentication business, a sneaker authenticator with operations in the U.S., UK, Canada, Australia, and Germany. The acquisition...

01 Dec ‘Container Dwell Fee’ At West Coast Ports Remains On Hold Until December 6

Posted at 11:02h in FDRA, Home, Latest News

The Port of Los Angeles and the Port of Long Beach announced a further postponement of the “Container Dwell Fee.” After meetings today with U.S....

01 Dec Skechers Creates ‘Our Planet Matters’ Sustainable Collection; Partners With The Nature Conservancy

Posted at 11:02h in FDRA, Home, Latest News

Skechers announced it has created Our Planet Matters collection of sustainable men’s women’s and kids products using recycled materials. It also announced a partnership with...

01 Dec NRF: Nearly 180 Million Shop Over Thanksgiving Holiday Weekend

Posted at 10:59h in FDRA, Home, Latest News

According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday...

17 Nov Volumental Delivers the Perfect Fit for Canada Goose as Lifestyle Brand Launches its Footwear Category

Posted at 12:27h in FDRA, Home, Latest News

STOCKHOLM, November 17, 2021 – Volumental, a technology company that helps the world's top footwear retailers and brands solve fit, improve customer experiences, and transform...

16 Nov Yue Yuen’s Q3 Sales Impacted By Vietnam Factory Shutdowns

Posted at 14:00h in FDRA, Home, Latest News

Yue Yuen reported a profit against a loss in the nine months ended September 30, 2021. Sales jumped 5.8 percent. Revenue Analysis The Group recorded revenue of...

11 Nov Adidas Scores High For ESG

Posted at 12:35h in FDRA, Home, Latest News

S&P Global Ratings said that it has assigned Adidas AG an ESG Evaluation of 85. Its ESG Evaluation is the result of an ESG profile of...