Athletic retailer Foot Locker has announced a strategic investment in Super Heroic Inc, a startup selling sportswear for kids. Super Heroic was founded in 2016 by two former Nike executives: Jason Mayden, who served as Lead Designer for the Jordan brand, and Harshal Sisodia, former Global Digital Brand Director. Foot Locker invested 3 million US...
Jan 4, 2019
American athletic-shoe retailer Foot Locker said on Tuesday its Q3 revenue for 2018 fell, while net income rose by 27.5 percent from the same period last year. The company’s sales in Q3 2018 were 1,860 million US dollars, down from 1,870 million US dollars a year earlier. Net profit rose to 130 million US dollars. The profit margin of the...
Nov 21, 2018
Foot Locker, Inc. reported net income for the company’s second quarter ended August 4, 2018 of 88 million dollars or 0.75 dollar per share compared to 51 million dollars or 0.39 dollar per share in the same period of fiscal 2017. The company said, second quarter comparable store sales increased 0.5 percent, while total second quarter sales...
Aug 24, 2018
Foot Locker and Asics have joined forces to launch a collection inspired by Japanese anime, to be sold exclusively at Foot Locker stores in the United States from August 24. Prices were not yet disclosed by the brands. To support the release, the pair is releasing an anime series called “Welcome to the Dojo”, which tells the story of a samurai...
Aug 16, 2018
Reebok Alter The Icons - Jay IDK. Source: Foot Locker, YouTube.
Aug 15, 2018
American sportswear and footwear retailer Foot Locker has opened its largest store in Europe. It is located at Liverpool One, a shopping, residential and leisure complex in the English city. “The new store is the ultimate destination for sneaker fans in Liverpool and a great platform for the city’s many creative talents. Liverpool has such an...
Jun 12, 2018
Foot Locker, Inc’s net income for the first quarter ended May 5, 2018 was 165 million dollars or 1.38 dollar per share, compared to 180 million dollars or 1.36 dollar per share in the same period of fiscal 2017. First quarter comparable-store sales decreased 2.8 percent, while sales increased 1.2 percent to 2,025 million dollars. Excluding the...
May 28, 2018
Walmart has topped Fortune magazine’s list of the 500 most valuable companies in the US once more. 16 other fashion retailers have also made the list, but none of them are newcomers. FashionUnited takes a closer look at the most recent developments to stem from these companies. Walmart - 1 Several businesses are being removed from Walmart’s...
May 25, 2018
Want to be featured in Foot Locker’s exclusive art gallery in New York? Source: Foot Locker, YouTube.
Apr 11, 2018
Foot Locker, Inc. has made a strategic investment in Carbon38, picking a minority stake in the women’s luxury activewear brand. The company said in a media statement that 15 million dollars Series A funding round brings the total raised by Carbon38 to 26 million dollars since 2013. “We have admired the Carbon38 story and mission since we met...
Jan 24, 2018
Foot Locker has reported third quarter net income of 102 million dollars or 0.81 dollar per share, compared with 157 million dollars or 1.17 dollars per share in the same period of 2016. Third quarter comparable-store sales decreased 3.7 percent and total sales decreased 0.8 percent, to 1,870 million dollars. Excluding the effect of foreign...
Nov 17, 2017
Foot Locker’s net income for the company’s second quarter ended July 29, 2017 was 51 million dollars or 0.39 dollar per share, compared with 127 million dollars or 0.94 dollar per share in the same period of 2016. The company said, this result included a 50 million dollars pre-tax litigation charge related to the conversion of its pension plan...
Aug 18, 2017
