Latest News

06 May Adidas Launches Auction For Reebok

Posted at 12:19h in FDRA, Home, Latest News

Adidas has launched the auction to sell its Reebok brand with the first round of bids to be submitted next week, according to a report...

29 Apr Report: Allbirds Exploring IPO

Posted at 11:59h in Latest News

Allbirds, the San Francisco-based casual footwear and sneaker maker, is in the process of interviewing banks in preparation for an initial public offering (IPO) according...

29 Apr Heelys Sold To BBC International

Posted at 11:51h in FDRA, Home, Latest News

Sequential Brands Group Inc. announced that it has closed on the sale of its Heelys brand to BBC International for $11 million in cash proceeds. BBC...

22 Apr Under Armour Downsizes Port Covington Headquarters Plan

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

Under Armour announced plans to redevelop its waterfront land in South Baltimore’s Port Covington as a global headquarters by 2025. Under Armour described the development...

22 Apr The North Face Announces Environmental Commitments

Posted at 10:54h in FDRA, Home, Latest News

In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,” which outlines a series of actionable...

22 Apr Vans Commits To Make Core Materials 100 Percent Regenerative, Responsibly Sourced, Renewable Or Recycled By 2030

Posted at 10:50h in Latest News

Vans announced its global commitments to environmental sustainability and responsibility by 2030. The company plans to create circular products and systems that use regenerative and recycled materials...

15 Apr TOMS Unveils New Look, New Impact Strategy

Posted at 12:25h in Latest News

TOMS Unveils New Look, New Impact Strategy Celebrates 15 Years With Re-Imagined Impact Strategy LOS ANGELES, CA, April 6, 2021 - TOMS®, the original One for One...

15 Apr Sneaker Reseller StockX’s Valuation Reaches $3.8 Billion In New Funding Round

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

StockX LLC said it had notched a $3.8 billion valuation by selling $60 million of new stock and letting some employees sell $195 million of...

15 Apr Nike Ranked Most Valuable Apparel Brand For Seventh Consecutive Year

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

Nike ranked as the world’s most valuable apparel brand for the seventh consecutive year, although the brand value was down 13 percent to US$30.4 billion,...

08 Apr Foot Locker Releases 2019/20 Impact Report

Posted at 10:06h in FDRA, Home, Latest News

Foot Locker Inc. released its Impact Report, which describes the company’s efforts to advance its environmental, social and governance (ESG) priorities. “As a purpose-driven organization, Corporate...