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02 Jun NRF Chief Economist Said ‘Uncertainty Abounds’ In Predicting Recovery From Coronavirus Pandemic

Posted at 10:01h in FDRA, Home, Latest News

“While the reopening of businesses shut down by the coronavirus pandemic is a significant step forward, it is too soon to say how quickly or...

28 May Macy’s Seeing Strong Reopenings

Posted at 13:11h in FDRA, Home, Latest News

Macy’s said its store reopenings are generating sales higher than expected and its digital momentum has not fallen off. The department store giant provided an update...

28 May Deckers Brands Boosted By Digital And Hoka Momentum Amid Pandemic

Posted at 13:08h in FDRA, Home, Latest News

Deckers Brands’ fourth-quarter results missed targets due to the arrival of COVID-19 but continued momentum from Hoka One One as well as triple-digit gains in...

28 May Golf Retailing Recovering

Posted at 13:05h in Latest News

As the percentage of golf retail stores open, foot traffic continues to increase with a growing number of golfers indicated their concern for visiting physical...

28 May Retailers Said Pandemic Risk Insurance Act Would Provide ‘Greater Reliance’ In Future Outbreaks

Posted at 13:03h in FDRA, Home, Latest News

The National Retail Federation (NRF) welcomed the introduction of the Pandemic Risk Insurance Act, which would establish a federal program to help businesses obtain insurance...

28 May Under Armour Announces Phased Store Reopenings In North America

Posted at 13:03h in FDRA, Home, Latest News

Under Armour announced details for the phased reopening of its owned stores in North America. The company reopened its first U.S. stores to customers on...

27 May Keds Appoints New President

Posted at 09:58h in FDRA, Home, Latest News

Keds, a division of Wolverine World Wide Inc., appointed Bornie Del Priore as president. Del Priore has more than two decades of global footwear industry experience...

27 May Vida Shoes To Undergo Corporate Restructuring

Posted at 09:55h in FDRA, Home, Latest News

Vida Shoes International, a licensee of fashion footwear brands, said it made the difficult decision to streamline teams throughout its operation with layoffs and temporary...

27 May Consumer Confidence Ticks Up In May

Posted at 09:53h in FDRA, Home, Latest News

The Conference Board Consumer Confidence Index held steady in May, following a sharp decline in April. The Index now stands at 86.6 (1985=100), up from...

20 May Asics Ventures Invests In Israeli Synthetic Spidersilk Startup

Posted at 16:58h in FDRA, Home, Latest News

Asics Corp. announced that its investment subsidiary, Asics Ventures Corporation, has invested in Seevix Material Sciences Ltd., which was founded in 2014 following over a...