In the past I’ve attempted to keep up with the mainstream sneaker outlets by sharing my top 20 or 40 sneakers of the year. I based this on a section of the site I listed as Dope S–t I Like. This made for what I think was the most engaging and interesting list in the…
Source: Gift Guide | shop online at BIRKENSTOCK On several occasions I’ve walked into various retail locations and found Birks marked down. It’s a trend that struck me as disturbing. I initially thought of it as a flawed wholesale strategy rooted in buying into a brand’s own hype. The more I dug into Birks and…
Questions for this session: Will Sneaker Retail Begin to Elevate Other Brands since Nike is pulling back inventory? Will Foot Locker become a hot stock again? This is for entertainment purposes solely and answers to questions posed by a variety of people. Video Breakdown: 0:00 Intro 1:48 Retailers and Other Brands 3:38 Unwritten and Unspoken…
Runners’ quirks: Be the weird you want to see in the world | On (on-running.com) A week ago, Stephen Green reached out and asked me about On-Running. When Stephen asks a question there is usually something under the surface rumbling. I had written stories about On that ranged from exciting and positive like the OAC,…
Jobs of Interest Now available (JOIN) is a joint program to educate sneaker culture, students and employees in the marketplace, of the vast opportunities with footwear and apparel brands beyond design. Those who love kicks see very limited opportunities in the industry. They think there are only resale hustles of flipping kicks and design of sneakers…
Today, we are officially announcing our long-term partnership with Fear of God, led by owner and founder Jerry Lorenzo. Source: ADIDAS AND FEAR OF GOD REIMAGINE THE FUTURE OF ADIDAS BASKETBALL Two Long Years, a Foot Locker Announcement and Now adidas Basketball Delivers: Chapter 01: Remember The Why Yesterday adidas Basketball delivered a visual…
“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…
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…
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…
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…
Source: adidas – adidas and Foot Locker, Inc. Announce New Long-Term Strategic Partnership (adidas-group.com) adidas is one of my favorite brands. When they are in their bag, the result is considerable growth and an attachment to sneaker culture and regular consumers that rivals any brand. When the company isn’t in their bag and they…
Mobb Deep once opened a song with the words: There’s a war goin on outside, no man is safe from You could run but you can’t hide forever from these, streets, that we done took You walkin witcha head down scared to look You shook, cause ain’t no such things as halfway crooks The song…
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…
Foot Locker has long dabbled in private label with CSG via Champs and Foot Locker clothing like tees and sweatsuits. In 2018 they launched Be.Spoke at Footaction: Footaction Takes The Lead For Foot Locker In Private Label Push | Business This month they rolled out two new Private lines from Footaction and Foot Locker: Op-Ed…
Learn more about Collaboraid, its mission and the creatives involved in the collection. Let me be completely clear, my strategy for collecting information is not as concise because I don’t utilize Instagram. You have to have an account to closely monitor what brands are doing, and I closed my IG because it would be about…
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…
By Shereen Siewert Foot Locker will eliminate multiple departments in its downtown Wausau location, shifting some operations to Florida Source: Foot Locker to eliminate dozens of jobs in Wausau, shifts departments to Florida – Wausau Pilot & Review The first thought I have is to wish the employees well who have been furloughed or laid…
Analysts at Susquehanna Financial Group downgraded Foot Locker’s stock on Friday. Source: Foot Locker Is Falling Behind in the Race for Customers, Analysts Say I made an unofficial visit to a number of stores last week including several Foot Locker locations. This was not commissioned by the store. I simply wanted to see if my…
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…
Source: Foot Locker is investing $100 million in Goat Group to create exclusive customer experiences Nothing can make you feel more right, but more frustrated than an investment that you got right, but not quite… especially when the book you’re releasing in a week is on the topic. I’m in the process of writing a…
Footwear Design Academy founded by D’Wayne Edwards, former Jordan Brand designer, just made a major move that is a game changer. The school of sneaker design just garnered a 2 Million dollar investment from Foot Locker. This makes two Black owned companies that Foot Locker has invested in to start the new year. This is…
The New York City-based athletic footwear and apparel retailer on Thursday announced a $2 million investment in Pensole Footwear Design Academy, the Portland-based school that Edwards started in 2010 to teach the next generation of designers. The investment is the biggest sign yet that Pensole has emerged as a critical part of the athletic footwear…
