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…
Almost two years ago I wrote the article below about the lack of sneaker diversity in the closets of new sneakerheads. You Can’t Buy ellesse In The US and This Shows Everything Wrong With US Sneaker Culture I’ve also written about the fact that while sneaker companies and retailers feel that sneaker culture is youth…
“And, when you want something, all the universe conspires in helping you to achieve it.” — Paulo Coelho, The Alchemist Source: One Day It’ll All Make Sense – Super Heroic – Medium The quote above is from a book that was just as transformative for me as it was for anyone who took the time to read…
Source: Amid weak results and sliding stock, Finish Line adopts anti-takeover plan | 2017-08-28 | Indianapolis Business Journal | IBJ.com Earlier this year I wrote an article analyzing Finish Line as it related to the success of Foot Locker. As everyone watching sneaker retail knows right now Foot Locker’s success has also taken a dramatic…
Sneaker retailers are facing a perfect storm. (pic via BI from Bennett Raglin/AP) Source: Amazon is about to claim a new victim in the retail apocalypse – Business Insider The source article fails to cover a few points I recently made in my analysis of the Foot Locker stock plunge: Foot Locker’s Stock Plunge, How…
Unlike many platforms that only report I take the time to dig into a deeper analysis of e-commerce and retail. My thoughts on the storytelling of Foot Locker and how this has helped the company to create a stronger in-store experience have always been steady and present. Insider Ties: Why Foot Locker Is Still Killing…
Source: Foot Locker’s stock plunge drags Under Armour and Nike down with it – MarketWatch Last year I was extremely high on Foot Locker and their stock as well as their ability to cope with the growing push of DTC by Nike and the shifting loyalty of buyers to adidas. I discussed that here: Insider…
Morgan Stanley upgraded Foot Locker to overweight from underweight in expectation the shoe retailer has an edge over Amazon.com in the high-end market. pic Luke Sharrett | Bloomberg | Getty Images Source: Foot Locker can beat back Amazon, Morgan Stanley says; upgrades stock In the source article on CNBC analysts are upgrading FTL stock based…
Foot Locker blamed delayed income tax returns for sluggish sales early in Q1 that weren’t made up later in the quarter and reported results that missed forecasts.Estimates: EPS virtually unchanged at $1.38, with revenue edging up 1.4% to $2.015 billion.Results: EPS of $1.36 on revenue of $2. Source: Foot Locker Stock Plunges As Q1 Earnings,…
Updated stock quote for FINL – including FINL stock price today, earnings and estimates, stock charts, news, futures and other investing data. Source: Finish Line Inc. Cl A A few months ago I wrote a predictive article on how Finish Line could get better. I also explained that if Finish Line didn’t adjust they could be…
Finish Line has had a rough year. Like a lot of Retail/Brick and Mortar stores in mall locations that are dropping like flies, there are a number of culprits at play. Foot Locker, however, is thriving in this area. History has a lot to do with Foot Locker’s success. The fact that they have over…
Source: Foot Locker (FL) Q4 2016 Results – Earnings Call Transcript Yesterday Wall Street analysts and people in the sneaker community were astonished by $FL ability to pull off growth in a soft retail market. I wasn’t. Here are two articles from last year that discuss why Foot Locker has been able to adapt to…
The first global sneaker design tournament to discover and develop the next great sneaker designers. Source: 2017 PENSOLE World Sneaker Championship powered by Foot Locker I’ve had the pleasure of working with a winner before, Chris Dixon who now owns http://www.christophercoycollection.com. If you’ve ever thought about getting into shoe design this is your chance to…
When you hit the mall to shop for sneakers, wouldn’t it be great if Kevin Durant himself could whisper all about his Nike KD9 shoes in your ear? Well, now he can, at more than 300 Foot Locker locations nationwide. Source: Foot Locker Learns a Move From Museums, Launching In-Store Sneaker Audio Tours | Adweek…
Foot Locker beat earnings views Friday but a comment on Under Armour’s shoe for NBA star Steph Curry appears to be hitting shares of the athletic gear maker. Source: Foot Locker’s Curry 3.0 Remark May Be Sinking Under Armour | Stock News & Stock Market Analysis – IBD Investor’s Business Daily took the time…
Foot Locker reported an acceleration in sales from the first quarter. Source: Foot Locker shares jump 11 percent as basketball shoe sales regain footing A few days ago I wrote this post: 10 NBA Stories That Will Repair The Broken Basketball Sales Machine. My goal was to state that basketball sales have a real chance to…
If you look back through the Insider Ties and Business Talk categories of the site you will see a lot of information about Stocks. Recently, a lot of websites are saying that Under Armour and Adidas are becoming better bets for the stock market. Consider this analysis from the Motley: http://www.fool.com/investing/2016/09/29/better-buy-under-armour-inc-or-adidas.aspx While all companies hit rough patches…
