Is adidas in Trouble Without Yeezy?

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  Updates: Herbert Hainer was CEO until 2015. My years were wrong on 2014, but the statement is still correct. Kasper Rorsted became CEO in 2016. I shared this graph yesterday showing adidas’ growth over the last twelve years. I needed a baseline for the data, so I chose to look at two-year increments from…

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The Seamless Transition from Niche to Mainstream and a Microinfluencer with a Macro Opportunity @SneakerPhetish

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 Whether you consider yourself a sneakerhead or you’re just looking for some fresh new kicks, David “Kari” Daniels, aka Sneaker Phetish, joined TVL to exlpain some things. Source: A lesson on sneaker culture It used to be that athletes drove sneaker culture. Entertainers are now equally as powerful, but as sneakers become enmeshed with pop…

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Mary Dillon Takes the Helm of Foot Locker in One of the Most Difficult Business Environments the Sneaker Industry Has Experienced

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Mary N. Dillon, former Executive Chair and CEO of Ulta Beauty, Inc., has been appointed President and Chief Executive Officer and a member of the Foot Locker Board, effective September 1, 2022. Dillon has over 35 years of experience leading consumer-driven businesses in a diverse range of industries, from consumer-packaged goods to restaurants to telecom…

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THE ROGER Pro by On at KITH | Resale as a Parachute and Hype as a Strategy

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Kith presents THE ROGER Pro by On in a Kith-exclusive black & ivory colorway, alongside its original white & indigo iteration. THE ROGER Pro, designed in collaboration with Roger Federer, exists at the intersection of performance, innovation and design with its high-density foam midsole, stability-enhancing footbed and impact absorbing Speedboard® technology. Wearability and durability are…

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Foot Locker’s GPS is Disconnected as Dick Johnson Steps Down and Mary N. Dillon Prepares for Battle

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Solid second quarter sales and earnings compared to record results in 2021 Total sales decreased 9.2% from 2021 and increased 16.4% from 2019 Comparable-store sales decreased 10.3% year-over-year EPS of $0.99 and Non-GAAP EPS of $1.10 Well positioned for Back-to-School season with high-quality, fresh product Expect to achieve the lower end of original earnings guidance range Repurchased $40 million of…

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ENDSTATE Prepares for Drop 2: Statecraft Luxury Sneaker | Why this Sneaker Release Could Change Everything

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Endstate’s Next drop features 1000 NFTs connected to the luxury Drop 2: Statecraft Sneaker. ENDSTATE entered the Web3 and NFT space with an approach similar to RTFKT which was acquired by Nike. The comparison should stop there. ENDSTATE has been extremely conscious about focusing on the blockchain’s ability to tie the metaverse with physical products…

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