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Jobs at risk as Nike foam supplier offshores production

2+ week, 4+ day ago   (216+ words) UK footwear foam manufacturer Zotefoams, which supplies global brands including Nike, has reportedly entered a consultation phase which could see 100 jobs at risk as it looks to offshore production to Vietnam. Campaign group GMB alleges Zotefoams, based in Croydon in…...

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JD Sports trims profit guidance as US sales and footwear demand lag

3+ week, 2+ day ago   (70+ words) Just Style Stay ahead with unbiased news, expert commentary, and in-depth features on global topics. As a trusted provider of data and insights, Just Style collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain…...

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Dick's cuts 2026 outlook as Foot Locker drags down Q2 earnings

2+ week, 3+ day ago   (495+ words) Dick’s Sporting Goods has reduced its full-year 2026 (FY26) financial outlook following its second quarter (Q2) results, as heightened promotional activity in the athletic footwear and apparel sectors weighed on profitability, particularly within its Foot Locker segment. For the 13 weeks ended 1 August 2026, Dick’s…...

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Genesco raises FY27 profit target despite revenue slump

5+ day, 19+ hour ago   (432+ words) Genesco has raised its fiscal 2027 (FY27) full-year profit guidance after reporting second quarter (Q2) results that surpassed internal expectations, driven by higher gross margins and effective cost controls. For the three months ended 1 August 2026, Nashville-based footwear retailer Genesco recorded a 3% decline in…...

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