All Foot Locker articles
-
Article
Genesco appoints a new chief merchandising officer for Journeys
Genesco appointed Chris Santaella as executive vice president and chief merchandising officer of the Journeys Group, effective Feb. 5. He replaces Pete Hicks, who retired in October 2023, and will report to Andy Gray, Journeys’ president. “An accomplished and diversified global merchant, Santaella will lead Journeys’ buying, merchandising, planning and ...
-
News briefs
Foot Locker expands to India
The U.S. specialty athletic retailer Foot Locker has entered into a long-term partnership with Metro Brands Ltd. and Nykaa Fashion to enter the Indian market. While Metro Brands will have exclusive rights to own and operate Foot Locker stores in India, Nykaa Fashion will be the exclusive e-commerce partner to ...
-
Article
U.S. footwear stocks tumble after Foot Locker’s profit warning
Shares in U.S. footwear companies nosedived after Foot Locker issued a profit-warning due to the softening of market conditions and the need to increase markdowns to reduce inventories. Mary Dillon, Foot Locker’s president and chief executive officer, said that since the launch of the company’s Lace Up Strategy at its ...
-
News briefs
Foot Locker to wind down Sidestep
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 ...
-
News briefs
Skechers escorts Kanye 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 ...
-
News briefs
Foot Locker closes its German Runners Point chain
Foot Locker said it “intends to consolidate our Runners Point business into our other operations in Europe,” after a year-long assessment of the this chain of running stores, which it had bought from Karstadt in 2003, and the competitive landscape in Europe. The company subsequently indicated that ...