U.S. sneaker company Foot Locker on Friday reported fourth quarter results that blew away estimates, with comparable sales recording close to 10% growth during the holiday season, and record sales made in 2018.
Riding the wave of the 90s nostalgia trend, the Foot Locker-owned athletic retailer has revealed an exclusive Fila x Rugrats apparel and footwear capsule collection for adults and kids, set to launch later this month.
The retailer has announced that it is making an investment of $100 million in the sneaker resale platform, opening the door to synergies based on the companies’ respective strengths in physical and digital retail.
The New York-based sports and footwear retailer announced on Tuesday that it has realigned its organizational operating model into three geographical regions, appointing the new divisions’ leaders from within.
The New York-based sports and footwear retailer is opening its first North American ‘Power Store’ in Eastpointe, Michigan, an 8,500-square-foot retail location which aims to be a hub for the local sneakerhead community.