Latest News

06 Aug Deckers Brands Posts Solid Quarter On Strong DTC, Hoka and Domestic Gains

Posted at 10:35h in FDRA, Home, Latest News

Deckers Brands reported that net sales for the first fiscal quarter ended June 30 increased 2.3 percent to $283.2 million compared to $276.8 million for...

06 Aug Hurley Family Acquires Simple Footwear Brand

Posted at 10:32h in FDRA, Home, Latest News

Kandui Holdings LLC, founded by the Hurley family, through its new operating entity Simple Shoes LLC, has acquired the outstanding assets and intellectual property of...

06 Aug H1 Athletic Footwear And Apparel Sales Fall In Low-Teens, According To NPD

Posted at 10:31h in FDRA, Home, Latest News

According to a report from NPD, athletic footwear and activewear sales declined in the low-teens in the first six months of the year. In athletic footwear, sales...

06 Aug Adidas AG Extends CEO’s Appointment Through July 2026

Posted at 10:28h in FDRA, Home, Latest News

The Supervisory Board of Adidas AG has extended the appointment of CEO Kasper Rorsted by another five years until July 31, 2026. Kasper Rorsted has...

06 Aug Wolverine Worldwide Sees Q2 Results Exceed Plan On Online Momentum

Posted at 10:25h in FDRA, Home, Latest News

Wolverine Worldwide reported sales dropped 39 percent in the second quarter but came in better than expected with a boost from almost triple-digit owned e-commerce...

06 Aug The VF Foundation Announces $7.3 Million In Community Investments

Posted at 10:25h in FDRA, Home, Latest News

The VF Foundation, the private grantmaking organization funded by VF Corp., announced the recipients of its gifting cycle totaling $7.3 million in investments to 80...

30 Jul Nike To Open Third House Of Innovation In Paris

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

Nike will open its third House of Innovation at the historic 79 Avenue des Champs-Élysées in Paris. The location will open on July 30. Over four...

30 Jul REI Ranked Best Employer For Women

Posted at 10:49h in FDRA, Home, Latest News

REI ranked first in Forbes America’s Best Employers For Women list. In its third annual ranking of the best employers for women, Forbes collaborated with market research...

29 Jul Sycamore Positioned To Buy J.C. Penney, To Merge With Belks

Posted at 09:41h in FDRA, Home, Latest News

J.C. Penney is reportedly close to accepting a $1.75 billion bid from Sycamore Partners to acquire the company in an auction in bankruptcy court. Sycamore...

29 Jul Nike Withdraws Plans For Manufacturing Plant Near Phoenix

Posted at 09:40h in FDRA, Home, Latest News

Nike Inc. said it is canceling plans to open a plant in Goodyear, AZ, just outside of Phoenix, AZ to make soles for its Nike...