Adidas, Puma Among Brands Flipping CEOs as Post-COVID Trends Shift
CEO shifts have become common in the last year, but the athletic retail sector is seeing more shuffles than…
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Foot Locker Pulls Yeezy Sneakers From Stores, Online After Adidas Split
Foot Locker Inc. is removing Yeezy shoes from its sales floors in light of recent news surrounding the…
Nike to Release Diversity Recruitment and Promotion Rates by 2024
Nike has taken another step in its ongoing commitments to diversify its talent, Footwear News…
Strong Digital and DTC Gains Lead Nike to Q3 Beat
Nike Inc. reported results for the third quarter of 2022 that beat analysts’ expectations, despite ongoing…
Nike Performance Impacting Earnings Results Across Sports
Earnings for the fourth quarter are in full swing — and one brand name has been dominating the results thus…
Nike, Under Armour and More Retail Companies Are Halting Sales in Russia
The conflict between Russia and Ukraine is prompting some retail companies to take action, Footwear News…
Analysts Say DTC, Digital Growth Will Fuel Nike’s Earnings Comeback
Nike is set to report earnings results for the second quarter of fiscal year 2022 on Monday. The…
Nike Acquires Virtual Sneaker Creator RTFKT in Metaverse Push
Nike Inc. said late today that it has acquired RTFKT, a digital creator of virtual sneakers, collectibles and…
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