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Allyson Felix’s Pride in the Placement of Her Saysh Brand in Foot Locker Is Misguided

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“Saysh is the first female, black-owned footwear brand ever to be carried at @footlocker, and we’re really proud of the change we’re creating. Find Saysh Two IRL only at @footlocker.” Source: Saysh (@bysaysh) • Instagram photos and videos I’m a fan of Allyson Felix. Her accomplishments inspire my daughter’s participation in track and field. As…

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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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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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Why the BSN SPORTS Acquisition of Eastbay Team Sales Business from Foot Locker is Valuable 

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Source: BSN SPORTS Acquires the Eastbay Team Sales Business from Foot Locker Retail, Inc. When Williams Trading analyst Sam Poser delivered this information: “In FY22 Nike (NKE-Hold-$125 PT) will represent ~55% of FL’s purchases, down from 75% in FY20, and 65% in 4Q21. Based on our estimates, FL’s 2022 purchases from NKE will be down…

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CNBC Reports on a Prediction arch Made Years Ago: Foot Locker says 2022 sales will fall as it expects to sell fewer Nike products

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Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022. Source: Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products This is not gloating. I have a lot of friends at Foot Locker and it pains me to read a post…

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The Problem with Foot Locker’s Commitment To Providing Opportunities to Black Businesses In Their Stores

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Source: Foot Locker, Inc. posted on LinkedIn First, there isn’t anything wrong with Foot Locker and other brands and retailers pulling together to acknowledge the profound influence on the rise of sneaker culture by Black America. Second, there isn’t anything wrong with Foot Locker and other brands and retailers announcing these donations and programs. I’ve…

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Foot Locker Shifts to Subscription Service via  12.5 Million Dollar Investment into Rockets of Awesome 

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Foot Locker is investing $12.5 million in children’s apparel company Rockets of Awesome. Source: Foot Locker is investing $12.5 million in kids’ clothing company Rockets of Awesome—the latest in a string of deals CNBC has taken the time to write a smart post on the investment of Foot Locker into youth subscription service Rockets of…

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