Latest News

05 Nov Under Armour Enters Agreement To Sell MyFitnessPal Platform

Posted at 09:31h in FDRA, Home, Latest News

Under Armour Inc. announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners. “As part of our ongoing transformation,...

05 Nov Deckers Brands Launches Creating Change Report

Posted at 09:30h in FDRA, Home, Latest News

Deckers Brands published its Creating Change FY20 Corporate Responsibility and Sustainability Report, including its progress made toward its sustainable development goals. Deckers Brands said it has been...

05 Nov VF Corp. Appoints VP, Global Inclusion & Diversity

Posted at 09:28h in FDRA, Home, Latest News

VF Corp. announced the appointment of Lauren Guthrie to the position of vice president, global inclusion & diversity (I&D). Guthrie will be responsible for directing,...

05 Nov NPD Report: U.S. Footwear Sales To Stabilize, Bounce Back In 2021

Posted at 09:27h in FDRA, Home, Latest News

Lifestyle changes and consumer behavior shifts in 2020 due to COVID-19 drove year-over-year sales declines for the U.S footwear industry, but trends are expected to...

05 Nov Wolverine Worldwide Tops Expectations On Strength In Performance And Work Brands

Posted at 09:26h in FDRA, Home, Latest News

Wolverine Worldwide reported earnings fell in the third quarter ended September 26 on a 14 percent revenue decline, but both exceeded internal expectations. Saucony and...

29 Oct Kohl’s Outlines New Strategic Vision With Heightened Focus On Active And Casual Lifestyle

Posted at 11:19h in FDRA, Home, Latest News

Kohl’s shared the company’s new strategic framework with the investment community, including new initiatives to position the company for long-term success. As part of its...

29 Oct Consumers Sweet Spot This Holiday Is Free Shipping, According To NPD

Posted at 11:17h in FDRA, Home, Latest News

The 2020 holiday shopping season kicked off earlier this year with Amazon Prime Days and competing retail promotions in mid-October, and while consumers are always...

29 Oct Genesco Appoints Board Member

Posted at 11:12h in FDRA, Home, Latest News

Genesco Inc.announced that John F. Lambros has been appointed to its board of directors. Lambros is president of the GCA-U.S. investment bank. He serves as the...

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...