Latest News

08 Apr Puma Reopens First Location In Wuhan, China

Posted at 13:04h in FDRA, Home, Latest News

Puma has re-opened its store in Wuhan, China, the city where the coronavirus was first reported. The company plans to re-open its five other stores...

08 Apr PVH Completes Sale Of Speedo North America Business To Pentland Group

Posted at 13:00h in FDRA, Home, Latest News

PVH Corp. completed the sale of its Speedo North America business to Pentland Group, the parent company of the Speedo brand, for $170 million in...

06 Apr Consumers Shifting E-commerce Spending Toward Apparel And Footwear During Coronavirus Outbreak

Posted at 13:25h in FDRA, Home, Latest News

Consumers in the U.S. are shifting their share of e-commerce spending toward apparel, footwear and accessories as the COVID-19 outbreak continues, according to new data...

06 Apr Under Armour Announces COVID-19 Actions, Details 2020 Restructuring Plan

Posted at 13:24h in FDRA, Home, Latest News

Under Armour Inc. announced actions it is taking to address the financial impact of the COVID-19 pandemic. Additionally, the company’s Board of Directors has approved...

06 Apr Nordstrom Appoints Two New Board Members

Posted at 13:21h in FDRA, Home, Latest News

Nordstrom Inc. announced the appointment of two new members to its Board of Directors: Jim Donald, co-chairman of Albertsons Companies, Inc., and Mark J. Tritton,...

06 Apr Nike Announces Additional Round Of COVID-19 Donations

Posted at 13:18h in FDRA, Home, Latest News

Nike Inc. will provide an additional $1.6 million to help local organizations meet immediate needs, such as food assistance and medical care, in key cities...

02 Apr Yue Yuen’s Revenues Expand 4.2 Percent In 2019

Posted at 14:04h in FDRA, Home, Latest News

Yue Yuen Industrial (Holdings) Ltd. recorded revenue of $10,105.4 million in 2019, representing an increase of 4.2 percent, compared with the previous year. Profit attributable...

02 Apr Columbia Sportswear CEO Tim Boyle Cuts Own Salary To $10K, Employees To Receive Regular Pay

Posted at 11:44h in FDRA, Home, Latest News

Tim Boyle, president and CEO of Columbia Sportswear, will be reducing his annual salary to $10,000. The company plans to continue to offer regular pay...

02 Apr Hoka One One Signs Jan Frodeno

Posted at 11:40h in FDRA, Home, Latest News

Hoka One One, a division of Deckers Brands, signed a multi-year sponsorship deal with Jan Frodeno, Olympic champion and three-time winner of the Ironman World...

31 Mar Saucony Run For Good Foundation Marks 15th Anniversary

Posted at 16:50h in FDRA, Home, Latest News

Saucony marks the 15th anniversary of the brand’s Saucony Run for Good Foundation with the announcement of a new round of grant winners. Established in...