Tag: foot

Foot Locker returns to sales growth; plans to relocate HQ to Florida, shutter ops in several international markets in 2025

Foot Locker announced on Wednesday a return to sales growth in the second quarter, up 1.9% to $1.9 billion, with the U.S. firm revealing plans to relocate its headquarters and shutter operations in several markets. Foot Locker- Facebook The New York City-headquartered specialty footwear retailer said ​comparable sales increased by 2.6%, led by global Foot Locker and Kids [...]read moreFoot Locker returns to sales growth; plans to relocate HQ to Florida, shutter ops in several international markets in 2025

Foot Locker sales drop in first quarter on Champs Sports business dive

Foot Locker Inc. reported on Thursday sales decreased by 2.8%, to $1.87 billion, in the first quarter, coinciding with a slash in profits for the three months ending May 4. Foot Locker The U.S. multi-brand sneaker retailer said comparable sales were down 1.8% in the quarter, impacted by the Champs Sports banner, which plummeted 18.6% comparable sales-wise. Global Foot [...]read moreFoot Locker sales drop in first quarter on Champs Sports business dive

Lloyd Shoes acquired by Athlete’s Foot parent Arklyz

Swiss sports and lifestyle firm Arklyz AG announced on Wednesday the completion of its acquisition of Lloyd Shoes GmbH, a German premium footwear brand. Lloyd Shoes Financial terms of the deal, which was first announced in January, were not disclosed. The owner of The Athlete’s Food brand, among others, said the acquisition of Lloyd Shoes [...]read moreLloyd Shoes acquired by Athlete’s Foot parent Arklyz

Intel Broker’s Guide: When A Seller Won’t Foot The Buyer’s Agent Bill

This report is available exclusively to subscribers of Inman Intel, the data and research arm of Inman offering deep insights and market intelligence on the business of residential real estate and proptech. Subscribe today. Homesellers hoping to capitalize on recent settlements and simply pocket the share of the sale that once went to the buyer-side commission are [...]read moreIntel Broker’s Guide: When A Seller Won’t Foot The Buyer’s Agent Bill

Cops Use Cruiser To Block ATV Rider From Speeding Down Foot Path With Predictable Results

New video released by police in New Haven, Connecticut shows a speeding ATV rider crash into a cop car that purposely blocked its path, severely injuring the rider and damaging the cruiser. This is one of those rare instances where both parties are wrong. The ATV rider should absolutely not have been speeding down a [...]read moreCops Use Cruiser To Block ATV Rider From Speeding Down Foot Path With Predictable Results

Kid Cudi Reacts to Breaking Foot During Coachella Performance: ‘No More Prancing Around, Jumping Off Stages’

Kid Cudi triumphantly returned to the Coachella Valley Music Festival in Indio, California, on Sunday, delivering an electrifying performance that captivated the crowd. However, the evening took an unexpected turn when Cudi suffered a broken foot during his set at the Sahara Tent. The injury occurred as he leaped off the stage and into the [...]read moreKid Cudi Reacts to Breaking Foot During Coachella Performance: ‘No More Prancing Around, Jumping Off Stages’

Rivian started a tough year on a flat foot

Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that it built 13,980 vehicles and delivered 13,588 of them in the first quarter of 2024. Both of those figures are down from the fourth quarter of 2023, where it built 17,541 and [...]read moreRivian started a tough year on a flat foot

The Athlete’s Foot posts 7% sales uptick in 2023

The Athlete’s Foot (TAF) on Tuesday reported global sales of $593 million, up 7%, in fiscal year 2023, as the sportswear retailer continued on its growth trajectory, “even amidst a challenging retail landscape.” The Athlete’s Foot The Atlanta, Georgia-based company attributed its financial growth to “heightened customer engagement,” during the year, particularly with the global rollout of its [...]read moreThe Athlete’s Foot posts 7% sales uptick in 2023

Taxpayers will foot bill for Body Shop redundancies

UK taxpayers will be responsible for the substantial bill to pay redundant staff from The Body Shop after the ethical beauty retailer entered administration on 13 February. The Body Shop Oxford Street flagship store, which closed Tuesday. Photo: Sandra Halliday FRP Advisory has been appointed administrators tasked with overseeing a major restructuring of the collapsed [...]read moreTaxpayers will foot bill for Body Shop redundancies

What happened to Zach LaVine? Exploring Bulls All-Star’s season-ending foot injury details

Chicago Bulls’ All-Star guard Zach LaVine will miss the remainder of the 2023-24 season due to a right foot ankle injury, the team announced on Saturday (Feb. 3). LaVine is set to undergo surgery on his right foot, which is expected to sideline him for several months. In a medical update, the Bulls said Zach [...]read moreWhat happened to Zach LaVine? Exploring Bulls All-Star’s season-ending foot injury details