Latest News

11 Jun Puma Plans Distribution Center In Indiana

Posted at 11:28h in FDRA, Latest News

Puma North America Inc. intends to spend at least $40 million to open a distribution center in Whitestown, IN, according to paperwork filed with Boone County....

07 Jun Skechers Celebrates 20 Years As Public Company

Posted at 05:47h in FDRA, Latest News

In the years since the company’s initial public offering, Skechers’ annual sales have grown more than tenfold, from $424.6 million in 1999 to $4.64 billion in 2018—with global growth across all sectors of the brand’s direct-to-consumer and wholesale business....

07 Jun Nike Appoints Global Chief Digital Information Officer

Posted at 05:45h in FDRA, Latest News

Nike Inc. announced that Ratnakar Lavu will become the company’s first global chief digital information officer, effective June 17....

07 Jun Zumiez Q1 Easily Tops Guidance

Posted at 05:44h in FDRA, Latest News

Zumiez Inc. reported total net sales for the first quarter ended May 4, 2019 (13 weeks) increased 3.2 percent to $212.9 million from $206.3 million in the first quarter ended May 5, 2018 (13 weeks). Comparable sales for the thirteen weeks ended May 4, 2019...

31 May FDRA President & CEO Matt Priest statement on President Trump’s Mexico tariff increase announcement:

Posted at 14:02h in Home, Latest News

The value of US footwear imports from Mexico jumped 20% in 2018 to $500.2 million, the second-biggest year on record. Mexico serves as a strategic sourcing location for certain brands wanting to make quality leather shoes at affordable prices close to market. Adding higher costs on these shoes...

30 May Tilly’s Posts 12th Straight Quarter Of Positive Comps

Posted at 22:21h in FDRA, Latest News

Tilly’s Inc. on Wednesday reported comparable store net sales, which include e-commerce net sales, increased 2.4 percent compared to an increase of 0.1 percent during last year’s first quarter. That marked the 12th straight quarter of improved comps for the company....

30 May Tapestry Appoints Former VF Corp Exec As COO

Posted at 22:21h in Latest News

He most recently held the position of vice president, VF Corporation and president, supply chain, responsible for the oversight of all of the company’s global manufacturing, sourcing and operations....

30 May Payless ShoeSource To Close All Stores In June

Posted at 22:01h in Latest News

Payless ShoeSource announced plans to liquidation all its stores through the end of June. The company announced in February that it would shut down all 2,100 Payless locations across the country....

30 May VF Corp Appoints EVP, Global Supply Chain

Posted at 21:59h in FDRA, Latest News

VF Corporation announced the appointment of Cameron Bailey to the position of executive vice president, global supply chain, effective June 1, 2019....

30 May Designer Brands’ Q1 Profits Climb Double-Digits

Posted at 12:40h in Latest News

Designer Brands Inc, formerly DSW Inc., raised its full-year guidance after reporting adjusted earnings in the first quarter ended May 4 rose 10.3 percent increase on a 23.4 percent revenue gain. Comparable sales increased 3.0 percent following a 2.2 percent increase in the first quarter...