Adidas To Merge Canadian And U.S. Operations
Adidas confirmed that it is consolidating its operations in the U.S. and Canada, according to Retail Insider. Adidas said, “We combined our teams in the United States...
12 January, 2023
Industry News
Contact Andy Polk at 202-737-5660 for any media or research requests. FDRA has data and insights on issues such as shoe sales, sourcing, sustainability, design development as well as trade and tariff impacts on consumers.
FDRA in the News
Press Release Center
Footwear Industry Newsletter
Footwear Industry News Feed
Nike’s Mark Parker To Become Chairman Of Walt Disney
The Walt Disney Company elected Mark Parker, a seven-year member of the Disney Board and executive chairman of Nike, Inc., as chairman of its board...
12 January, 2023
DSW Parent Lays Out CEO Transition Plan, Reiterates Outlook
Designer Brands, Inc., parent company of DSW and Topo Athletic, hired Doug Howe, president of DSW, pictured above, to succeed Roger Rawlins as CEO, effective April 1, 2023,...
05 January, 2023
DeFeet Shifts Internal Company Sales And Distribution Roles
DeFeet reported it made internal changes to its custom sales department, including domestic and international distribution. In September, DeFeet migrated its online B2B ordering process system...
04 January, 2023
NRF Economist Sees Balance Between Inflation And Interest Rates Key To Avoiding Recession
It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession; however, continuing interest rate hikes increase the...
04 January, 2023
NRF Study Forecasts More Than $816 Billion In Holiday Returns
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a retail report* released by the National...
15 December, 2022
Record 158 Million Shoppers Expected To Shop Super Saturday
This year, a record 158 million consumers are expected to shop on the last Saturday before Christmas, according to the annual survey* released today by...
15 December, 2022
Nike And BSN Sports Sign Three-Year Deal With App State University
Nike and BSN Sports signed a three-year deal with Appalachian State University in Boone, NC. In the agreement, Nike, which first partnered with the University in...
15 December, 2022
U.S. Consumer Confidence Drops To Lowest Level Since July
The Conference Board Consumer Confidence Index* decreased in November after losing ground in October. The Index now stands at 100.2 (1985=100), down from 102.2 in...
07 December, 2022
Steve Rendle Retires As VF Corp.’s CEO
VF Corp. reported Chairman, President and CEO Steve Rendle has retired and that Benno Dorer, a lead independent director of VF’s Board, was named interim president and CEO,...
07 December, 2022
Nike Ends Endorsement Deal With Kyrie Irving
Nike ended its endorsement deal with Brooklyn Nets star Kyrie Irving. The move comes a month after Irving shared a link on Twitter to a...
07 December, 2022
Foot Locker Makes Leadership Changes
Foot Locker, Inc. named Frank Bracken EVP and chief commercial officer and hired Elliott Rodgers as chief operations officer as part of a corporate move to support growth and...
30 November, 2022
Online Shoppers Spend Record $11.3B On Cyber Monday
According to Adobe Analytics*, online sales on Cyber Monday reached $11.3 billion, up 5.8 percent year-over-year growth, representing the biggest online shopping day. The spending spree,...
30 November, 2022
Black Friday Online Sales Hit Record $9.12 Billion
U.S. shoppers spent a record $9.12 billion online this Black Friday, according to Adobe Analytics, which tracks sales on retailers’ websites. That’s a 2.3 percent...
30 November, 2022
Nike Opens First Nike Rise Location In North America
Nike opened Nike Aventura in Miami, FL. It is the first Nike Rise store in the U.S. and “signals the next stage of our retail...
22 November, 2022