News
J. C. Penney's latest campaign highlights ballers on a budget
6+ day, 4+ hour ago (330+ words) The department store's "Inside Lane" features five college and professional women's basketball players sporting everyday looks. J. C. Penney's latest campaign wants to feature how tunnel walks can be done on a budget." The department store's partner athletes will demonstrate looks that…...
Foot Locker partners with Door Dash for on-demand delivery
1+ week, 5+ day ago (293+ words) The deal is among the latest between a retailer and the delivery platform, which says over a third of its active monthly users shop retail and grocery categories. Foot Locker's partnership with Door Dash marks a strategic move by the…...
The Weekly Closeout: Converse drags down Nike, Wacoal acquires Glamorise
2+ week, 3+ day ago (695+ words) The sneaker brand's sales fell more than 30% in the latest quarter, and the deal with Glamorise is aimed at strengthening Wacoal's U. S. position. It's been another week with far more retail news than there is time in the day. Below, we…...
Rebecca Minkoff footwear comes to QVC
1+ mon, 1+ week ago (255+ words) The footwear launch builds upon the designer's debut of RM Studio x Rebecca Minkoff last fall. The capsule collection, which was created exclusively for QVC, featured statement jackets, denim and chunky knits, among other products. In addition to its collaboration…...
Adidas extends CEO's contract amid record revenues
1+ mon, 2+ week ago (422+ words) Bj'rn Gulden has made "tremendous operational and financial progress," according to the board. The retailer's 2025 revenue reached 24. 8 billion euros. On the back of strong Q4 and full-year earnings, Adidas has extended CEO Bj'rn Gulden's contract through the end of 2030. The vote…...
Foot Locker exec jumps to REI
1+ mon, 2+ week ago (310+ words) Kim Waldmann is chief commercial officer at the outdoor retailer, which also just brought on former Patagonia CEO Rose Marcario to its board. Former Foot Locker executive Kim Waldmann has joined REI as chief commercial officer, the outdoor retailer announced…...
Active footwear a bright spot in the first half of the year
8+ mon, 2+ day ago (298+ words) Nevertheless, a Circana report found U. S. footwear sales fell 1% from January to June, with the fashion and outdoor categories leading the declines. Tariffs may be threatening activewear brands this holiday season, but shoppers are continuing to buy athletic footwear " at least…...
Tik Tok Shop spurs Crocs, Heydude DTC sales
2+ mon, 1+ week ago (449+ words) Overall, Crocs finished 2025 with a Q4 that beat expectations, and executives even expect struggling Heydude to return to growth later this year. Crocs did better than expected in Q4, as consolidated revenues dropped 3. 2% year over year to $958 million, with direct-to-consumer sales up…...
Nike to lay off 775 as it consolidates US distribution centers
2+ mon, 3+ week ago (257+ words) The activewear retailer is'accelerating technology and automation use in the hopes of improving efficiency across its supply chain. Nike is laying off around 775 employees across Tennessee and Mississippi as it consolidates its U. S. distribution center operations. A Nike spokesperson said the…...
Birkenstock revenue jumps, but tariff headwind remains
4+ mon, 2+ day ago (313+ words) The footwear brand's Q4 revenue increased 15% year over year. Meanwhile, it expects tariff and currency translation headwinds to impact fiscal 2026 growth. Despite the impact of U. S. tariff changes, Birkenstock executives remained positive that consumer demand was strong for its final quarter of…...