Following last week’s surprise news that Dick’s Sporting Goods would acquire Foot Locker in a deal worth $2.4 billion, JD Sports chief executive officer Régis Schultz is sounding off on the deal. “We see [the acquisition] as a positive,” Schultz told analysts on the company’s fiscal
Last year saw endless think pieces from fashion writers declaring that boat shoes are “officially back” on trend. The oft-polarizing shoe first appeared on the fashion scene at Miu Miu’s spring 2024 runway show and was quickly seen in other designer collections from JW Anderson, The Row, Burberry, Valentino,
Amer Sports Inc. sees growing momentum behind Salomon sneakers as footwear also continues to be Arc’teryx’s fastest-growing category. Those were the conclusions of Amer CEO James Zheng during the Finnish firm’s conference call on Tuesday after posting first-quarter results. “Global brand momentum behind Salomon sneakers is accelerating.
On Holding has tapped the Helena Helmersson, former H&M Group chief executive officer, to serve on its board of directors. At its annual meeting in Switzerland on Thursday, the performance running brand elected Helmersson as an additional independent member on its board of directors. She will also serve
A slowdown in Hoka direct-to-consumer sales in the fourth quarter coupled with concerns of tariffs is causing shares for Deckers Brands to drop nearly 20 percent on Friday. On the company’s fourth quarter earnings call on Thursday, Deckers chief financial officer Steven Fasching, noted that the Hoka’s brand