Foot Locker, Inc. reported third-quarter earnings were sharply above year-ago levels and Wall Street targets due to strong gross margin improvement and a 2.2 percent gain in same-store sales. The sneaker juggernaut cautioned that supply chain disruptions would likely persist throughout the fourth quarter.
Author: SGB Media
FDRA Q4 Exec Survey Finds Supply Chain Concerns
FDRA’s Q4 Survey of the top 100 shoe executives shows supply chain challenges and trade policy are causing a direct drag on future retail sales forecasts.
Tedder Industries Names Chief Executive Officer
Tedder Industries announced that Shawn Hostetter has joined the Tedder family of brands as CEO. Hostetter comes to the company from Katadyn North America where he served as its president since 2011.
Ross Stores Q3 Sales Rebound
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Caleres Raises Outlook On Q3 Earnings Beat
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Delta Apparel Q4 Revenues Climb 6 Percent
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Foot Locker Appoints COO; Announces Leadership Realignments
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Slinger Bag Enters Puerto Rico With New Distribution Agreement
Slinger Bag announced its latest distribution agreement with Trading and Logistics Group, Inc. to bring it business to the tennis community in Puerto Rico.
Outdoor Research VerticalX SuperStrand Technology Blends Down With Synthetic Insulation
Pairing synthetic insulation with innovative construction, Outdoor Research SuperStrand LT jacket collection is offering a warmth-to-weight layering package for the first time. It has also set a new standard for the company in warmth, weight and comfort in its active-insulation category. “SuperStrand is an extraordinary layer. It definitely doesn’t wear like any other piece of […]
Dimension-Polyant Introduces Sustainable X-Pac Fabric Collection
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Nordstrom Partners With Fanatics To Enter Sports Fan Category
Nordstrom and Fanatics announced a new long-term partnership through which Nordstrom.com customers will have access to shop Fanatics licensed sports fan product.
Stio Announces Key Hires
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Macy’s Q3 Same-Store Sales Jump 37 Percent
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Kohl’s Lifts Full-Year Outlook As Q3 Earnings Eclipse Analyst Targets
Kohl’s Inc. raised its full-year 2021 financial outlook after reporting third-quarter net sales and earnings that easily exceeded Wall Street expectations. Third-quarter comparable sales jumped 14.7 percent against a year-ago decline of 13.3 percent.
Patagonia Closes Bowery Surf Shop
The Patagonia Surf store on the Bowery in New York City has closed.
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