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17 Mar Coronavirus Has Disrupted Supply Chains for Nearly 75 Percent of U.S. Companies

Posted at 09:48h in FDRA, Home, Latest News

According to a survey from the Institute for Supply Management (ISM), nearly 75 percent of companies report supply chain disruptions in some capacity due to...

12 Mar Adidas Warns Of 10 Percent Q1 Revenue Decline

Posted at 14:03h in FDRA, Home, Latest News

Adidas said it expects first-quarter sales to fall more than 10 percent as revenues in Greater China tumble between €0.8 billion and €1.0 billion below...

12 Mar Genesco’s Comps Inch Up 1 Percent In Q4

Posted at 13:58h in FDRA, Home, Latest News

Genesco Inc., the parent of Journeys, reported comp sales in the fourth quarter rose 1 percent. GAAP earnings from continuing operations per diluted share of $2.49...

11 Mar Puma Withdraws Guidance Due To Coronavirus Uncertainty

Posted at 09:37h in FDRA, Home, Latest News

Puma said it no longer expects its business will return to normal soon, despite encouraging signs coming out of China, adding it was abandoning the...

10 Mar REI’s CEO Informs Members About Coronavirus Precautions

Posted at 12:16h in FDRA, Home, Latest News

On Sunday, Eric Artz, REI’s president and CEO, shown above, wrote a blog entry addressed to co-op members detailing numerous steps the retail is taking...

10 Mar Former NFL Star Joe Theismann Joins Sports Engineering

Posted at 12:15h in FDRA, Home, Latest News

Sports Engineering Inc. (SEI) announced that former Super Bowl-winning quarterback Joe Theismann has joined SEI to help advance SEI’s SmartSpring technology. SEI is continuing its...

10 Mar Fleet Feet Launches New Retail Concept Shop In Portland

Posted at 12:14h in FDRA, Home, Latest News

Fleet Feet announced the debut of Fleet Feet Drop Shop, a new retail concept shopping experience in Portland, OR. The concept combines Fleet Feet’s 3D...

10 Mar Dick’s Q4 Earnings Beat Targets, To Remove Hunt From 440 Stores

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

Dick’s Sporting Goods reported fourth-quarter earnings topped Wall Street’s expectations as same-store sales rose 5.3 percent. The retailer also announced it was removing the hunt...

05 Mar Nearly A Third Of U.S. Firms In China Facing Revenue Hits

Posted at 14:47h in FDRA, Home, Latest News

A survey of nearly 170 firms by the American Chamber of Commerce in China, or AmCham China, found nearly one-third of U.S. firms with exposure...

05 Mar Skechers Partners With Carlsbad 5000

Posted at 14:45h in FDRA, Home, Latest News

Groundwork Endurance has announced its partnership with Skechers for the 35th annual Carlsbad 5000 presented by National University. The global footwear company will serve as official...