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News
Sneaker Resale Is Taking A Hit As Profits Shrink
2+ day, 4+ hour ago (325+ words) Sneaker Resale Profits Are Collapsing: Why Jordans, Dunks And Easy Flips Aren’t Paying Like They Used To Sneaker reselling is no longer the automatic payday it became during the industry’s biggest boom years. Resellers who once could buy popular Jordans,…...
Nike Director Peter B. Henry Awarded 5,047 Restricted Class B Shares Under Stock Incentive Plan
3+ day, 11+ hour ago (248+ words) Ford (NYSE:F) In Focus As Value Names Rally Amid Surging Yields Duke Energy (NYSE:DUK) Gains As Utilities Outperform Broader Market A Form 4 filing dated September 10, 2026 reveals that Nike, Inc. director Peter B. Henry was granted restricted stock consisting of Class…...
Nike shareholders reject transparency proposal as faith-based firm questions DEI commitments
3+ day, 9+ hour ago (1381+ words) Tim Schwarzenberger’s last pair of Nike sneakers is about 10 years old and the shoes have holes in them. But the Christian investor who helped lead a shareholder campaign demanding more transparency from Nike says he wants a reason to buy…...
Zumiez’s Q2 Losses Expand on Footwear Weakness
3+ day, 12+ hour ago (323+ words) Zumiez Inc. reported a wider loss in the second quarter ended August 1 on a modest decline in sales, reflecting continued weakness in footwear and reduced in-store traffic. Comps were down 2.1 percent. Back-to-school sales have continued to run soft. Results were…...
SHOE: Sales and margins declined, but e-commerce grew and inventory was reduced as guidance was lowered
3+ day, 18+ hour ago (77+ words) TradingView SHOE: Sales and margins declined, but e-commerce grew and inventory was reduced as guidance was lowered Second quarter sales and margins declined due to misaligned assortments, inventory liquidation, and a highly promotional market, but e-commerce grew double digits and…...
Shoe Station Group Q2 2026 Earnings: Promotions Drive a 690-Basis-Point Gross Margin Decline
3+ day, 22+ hour ago (373+ words) Comparable-store sales declined 7.1%, with both retail banners reporting lower revenue. Gross profit fell considerably faster than sales because of heavier promotional activity, clearance of aged and excess inventory, and a difficult comparison with a prior-year pricing benefit. SG&A declined…...
Famous Footwear Sees Sales Gains From Jordan, Birkenstock, Brooks and More as Lifestyle Athletic Shoes Disappoint
4+ day, 11+ hour ago (315+ words) The CEO noted that these brands saw more interest due to its fashion footwear business strengthening in the quarter. Like Foot Locker and JD Sports, Famous Footwear met the same fate in the second quarter, taking a hit in sales…...
EXEC: Famous Footwear Sees Shift from Lifestyle Athletic Pushing Q2 Comps and Margins Lower
4+ day, 12+ hour ago (1092+ words) Most industry watchers believed the trade channel would see a reinvigorated business based on each receiving new allocations of Nike and Jordan product over the last year. It turns out a downturn in lifestyle athletic may trump a Jordan release....
Nike shareholders reject greater climate transparency
4+ day, 20+ hour ago (145+ words) RetailDetail EU Nike shareholders have rejected a proposal calling for greater transparency regarding the sports brand’s climate goals. However, investors did approve the controversial compensation package for top management. Inditex, the parent company of Zara, Bershka, Massimo Dutti, and others,…...
Famous Footwear’s Q2 Dragged Down by Late BTS Season, Lifestyle Athletic Softness
4+ day, 21+ hour ago (116+ words) Caleres Inc. reported second-quarter earnings that topped guidance, but sales fell short as Famous Footwear’s comps declined 5.9 percent due to a later back-to-school season and weakness in lifestyle athletic footwear. “We’re operating in an environment that remains dynamic, but our…...