Nike Apparel To Return To Macy’s
On its first-quarter analyst call, Macy’s confirmed that Nike apparel would return to its selling floors. Nike ended distribution to the department store in 2021. Jeff...
02 June, 2023
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Shoe Carnival Eyeing Opportunity To Gain Share In Athletic Footwear
Shoe Carnival lowered its full-year guidance as the first quarter was impacted by consumers pulling back due to inflation and lower federal tax refunds. However,...
25 May, 2023
Nike Announces Senior Leadership Realignment
Nike, Inc. made leadership changes to continue building on the brand’s strong momentum and underscore the company’s “commitment to product innovation, serving athletes and brand...
25 May, 2023
Burlington Stores Comps Rise 4 Percent In First Quarter As Net Income Doubles
Burlington Stores, Inc. reported fiscal first-quarter total sales increased 11 percent to $2.13 billion for the 13-week period ended April 29, compared to $1.93 billion...
25 May, 2023
Adidas To Start Selling Yeezy Product At End Of May
Adidas reported it would start selling its stockpile of millions of unsold Yeezy sneakers later this month from its defunct partnership with rapper Kanye West....
22 May, 2023
Farfetch Limited, New Home To Reebok In Europe, Posts Solid Q1 Revenue Growth
Farfetch Limited, the London-based global luxury fashion goods platform and the new home for the Reebok brand in Europe and global collaborations, reported that first-quarter...
22 May, 2023
On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped...
19 May, 2023
Retail Sales Inch Up In April, Driven By Inflation; Sporting Goods Stores See Decline
Retail sales, which are adjusted for seasonality but not for inflation, rose 0.4 percent in April from March, the Department of Commerce reported on Tuesday,...
19 May, 2023
Lululemon’s Global Creative Director Passes Away
Phil Dickinson, Lululemon’s SVP and global creative director and previously a 15-year Nike veteran, has passed away. The cause of his death was not disclosed. Dickinson...
19 May, 2023
Coresight Research: Nike Tops Apparel/Footwear Sellers On Amazon
Nike bounced back substantially to regain its position as the most popular apparel and footwear brand selling on Amazon, overtaking the e-tailer’s private label range...
19 May, 2023
Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role
Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in...
15 May, 2023
Under Armour’s New CEO Delivers Playbook To Revive Growth
In her first address to the investment community, Stephanie Linnartz, Under Armour’s new CEO, declared, “Growth is without a question our highest priority.” She cited footwear, women, sport style and full-price stores...
11 May, 2023
Nordstrom Names Chief Financial Officer
Nordstrom, Inc. hired Cathy R. Smith as chief financial officer, effective May 29. Smith joins Nordstrom from Bright Health Group where she has worked as chief financial...
11 May, 2023
JD Sports Fashion Appoints New Group CFO
JD Sports Fashion Plc, the parent company of JD, Finish Line, DTLR, and Shoe Palace, has appointed Dominic Platt as chief financial officer and as a member...
11 May, 2023
Nike Adds Board Member
Nike Inc. appointed Maria Henry, formerly at Kimberly-Clark Corporation, to its Board of Directors. Henry was chief financial officer of Kimberly-Clark Corporation from April 2015 through...
11 May, 2023