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02 Jul NRF: Pandemic Recession Could Already Be Easing

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

The economic downturn brought on by the coronavirus has officially been declared a recession, but National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the...

01 Jul Genesco Names New Board Chair

Posted at 12:00h in FDRA, Home, Latest News

Genesco Inc. has named Mimi E. Vaughn, the company’s president and chief executive officer, to the additional position of chair of the board of directors,...

30 Jun Survey: A Third Of Supply Chain Leaders Exiting China By 2023

Posted at 11:54h in FDRA, Home, Latest News

A Gartner Inc. survey of 260 global supply chain leaders in February and March 2020 found that 33 percent had moved sourcing and manufacturing out...

29 Jun Sperry Names New VP Design & Development

Posted at 15:54h in FDRA, Home, Latest News

Sperry, a division of Wolverine World Wide, Inc., has named Sean McDowell the new vice president of design and product development. In this role, he...

29 Jun VF Announces Organizational Changes To Support China And Emerging Platforms Growth

Posted at 15:26h in FDRA, Home, Latest News

VF plans to hire its first president, Greater China. Kevin Bailey, executive vice president & Group President, APAC, will continue leading the Asia Pacific Region...

24 Jun Under Armour Sees Athletic Performance Focus As A Pandemic Benefit

Posted at 14:57h in Latest News

At the Stifel Cross Sector Insights Conference, Patrik Frisk, CEO and president of Under Armour, said he believes the brand’s amplified focus on athletic performance...

24 Jun How Columbia Sportswear Plans To Ride Out Pandemic

Posted at 14:56h in FDRA, Home, Latest News

Speaking at the Stifel Cross Sector Insights Conference, Jim Swanson, CFO, Columbia Sportswear, said the company’s diversified business model, accelerated investments in digital in recent...

24 Jun Puma Opposes Nike’s “Footware” Trademark Application

Posted at 14:38h in FDRA, Home, Latest News

Puma has initiated opposition proceedings in connection with Nike’s application to use the word “footware” for use on sneaker-specific software products and services, according to...

23 Jun SFIA COVID-19 Report Sees Some Positive Movement On Sales

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

The 2nd edition of the COVID-19 Industry Impact Report from the Sports & Fitness Industry Association (SFIA) finds that while most sporting goods categories are...

23 Jun Target Bumps Starting Minimum Wage to $15/Hour, Adds Frontline Worker Bonus

Posted at 10:15h in FDRA, Home, Latest News

Target will permanently raise its starting wage for U.S. employees to $15/hour effective July 5, 2020. The move was announced with a range of updates...