All Foot Locker articles – Page 2
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ArticleSporting Goods 2022 – The top companies worldwide by sales and profit
Our updated 2022 Sporting Goods Scorecard brings you the industry winners, with revenue & profit development of 47 sporting goods companies.
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News briefsFoot Locker gets a new CFO
The former EVP of Finance & Treasurer at U.S. retail company Kohl’s, Michael Baughn, will be the new chief financial officer at Foot Locker. The sneaker retailer made the announcement Friday in a filing with the Securities and Exchange Commission. He will take over the post on June 12. Current ...
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ArticleFoot Locker lowers full-year outlook on “challenging backdrop”
Foot Locker, after reporting a 73 percent drop in Q1 operating income to $61 million and an 11.4 percent decline in total sales to $1,927 million for the period ended April 29, dialed back its FY23 outlook for revenues, comp sales and gross margin for the 12 months. The news ...
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News briefsFootlocker appoints former Nike exec. to WSS role
Foot Locker, Inc has announced the appointment of Blanca Gonzalez as Senior Vice President and General Manager of WSS, its banner which focuses on the Hispanic market in the US, effective May 15, 2023. Gonzalez joins Foot Locker from Nike Inc., where she served as Vice President of North America ...
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Infographics & DataSGI Sporting Goods Scorecard Q4 2022
Find out whose sales are up and whose profits are down in Q4 2022 in our exclusive analysis of the sporting goods industry’s largest players.
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News briefsThe Athlete’s Foot appoints Beth Greenfield as lead merchandiser and buyer
Specialty footwear and lifestyle chain The Athlete’s Foot has announced industry veteran Beth Greenfield as its new lead merchandiser and buyer. Greenfield has over 25 years of experience in retail, buying and merchandising, working for brands like Champion, Puma, Footlocker, and Citi Trends. In her new role at The Athlete’s ...
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ArticleOn Holding sees ongoing momentum in 2023, surpasses the CHF 1bn sales mark
13-year-old Swiss company On, which completed its first full year as a public company in 2022, is forecasting currency-neutral sales growth of 42 percent this financial year to 1.7 billion Swiss francs (€1.69bn), further gross margin expansion toward its mid-term target of 60 percent, and a 150-basis-point growth in adjusted ...
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ArticleFoot Locker Q4 net drops 82%, sets long-term targets and closes Hong Kong stores
Under its new president and CEO, Mary Dillon, Foot Locker outlined its financial objectives for FY24 to FY26 before investors in New York. Simultaneously, the group released Q4 and FY22 results and its outlook for the current fiscal year. Operating income declined by 51 percent to $59 million from $121 ...
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ArticleNike tops global retailers list among sports retailers
Nike Inc./Nike Direct is the largest sports retailer in the world, according to the “Global Powers of Retailing 2023” report, which Deloitte has just released. Decathlon takes the 2nd spot, followed by Dick’s, JD Sports and Adidas, to complete the Top 5 in the sports retailing sub-category. ...
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News briefsFoot Locker announces interim CFO
Following the appointment of a new CEO and the continued restructuring of its management, the New York-based sports retailer Foot Locker has announced Robert Higginbotham has been appointed interim CFO, effective March 1. Higginbotham, former VP of investor relations, was recently promoted to SVP of investor relations and financial planning ...
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News briefsFoot Locker appoints new GM for EMEA
Earlier this month, Foot Locker appointed Tomas Petersson as its new senior vice president and general manager for Europe, the Middle East and Africa. He is based at the company’s headquarters in Vianen, Netherlands. Petersson is a familiar face at Foot Locker: for the past year and a half, he ...
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ArticleFoot Locker plans to wind down Sidestep retail brand
Nine-and-a-half years after acquiring the sports fashion footwear chain as part of its deal for the Recklinghausen, Germany-based Runners Point Group, Foot Locker has decided to shutter Sidestep’s operation that currently consists of several dozen stores across Germany, Austria, the Netherlands, and Switzerland. In February 2019, Foot Locker operated 80 ...
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Infographics & DataThe Largest Sports Retailers Worldwide
Our exclusive annual analysis on the top 50 sports retailers worldwide. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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AnalysisThe world’s biggest sports retailers 2021
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers worldwide.
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ArticleFoot Locker continues to restructure its management
With Mary Dillion recently having taken over as CEO, Foot Locker, Inc. has appointed a new EVP/CCO from within its ranks and hired a new COO to help grow the company and improve operational efficiencies. The New York-based sports retailer also announced, among a few other executive changes, that their ...
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ArticleFoot Locker raises FY outlook, decides to exit some geographies
Citing better-than-expected third-quarter results, plans to further realign its brand portfolio and a strategy to move to 300 non-mall locations by 2024, Foot Locker today raised its full-year outlook. The retailer, which has decided to abandon a fourth quarter entry into Japan and exit joint ventures in Benelux and Eastern ...
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ArticlePuma and Foot Locker expand partnership with special collabs for next-gen customers
Following Adidas’ increased collaboration with the retailer after Nike’s gradual exit from Foot Locker earlier this year, Puma is now also massively stepping up its collaboration with the New York-based sports retailer with some promotions designed specifically for a younger demographic. The two companies announced an expanded partnership, highlighted by ...
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News briefsFoot Locker kicks off holiday season with global campaign
Source: Foot Locker Foot Locker House Party campaign with Yung Gravy Retailer Foot Locker has launched its 2022 global holiday campaign called Foot Locker Holiday House Party, featuring several musicians and online personalities, including BIA, Yung Gravy, Lunay, Ye Ali, Ralph Romeo, Orange Calderon, Tamara Dhia and ...
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ArticleSkechers escorts West out of L.A. corporate building
Slowly but surely, Kanye West should realize that he is no longer welcome due to the antisemitic, racist and hateful remarks he made recently across multiple forums. After the recent contract cancellations with Adidas, Balenciaga, CAA, MRC and Gap, Skechers USA now released a statement in which it reports that ...
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ArticleSporting goods industry stocks down in Q3
According to SGI Europe’s quarterly study of 40 select sporting goods industry stocks, the drop was less than in Q1 (-16.25%) and Q2 (-14.79%) but marked the third consecutive quarterly decline for the segment. But the results were mixed, as the stock prices of 19 companies – led by Xtep ...
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