All Foot Locker articles
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ArticlePuma maintains FY24 outlook as Q3 sales rise in all regions
The Puma group continues to expect a mid-single-digit (ca) annual sales increase and an FY24 Ebit range of €620 to €670 million, flat to up 7.8 percent for the period.
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News briefsFoot Locker steps into India
Foot Locker debuted in India on Nykaa and offline at Nexus Select City Walk in Delhi with its first store in the country.
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ArticleMulti-year partnership between Foot Locker and the Chicago Bulls
Foot Locker has announced a multi-year partnership with the Chicago Bulls leading up to the 2024-25 NBA season.
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News briefsFoot Locker to launch omnichannel presence in India
The US retailer partners with Metro Brands and Nykaa Fashion for its omnichannel debut in the country.
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News briefsEllesse is turning senior and celebrates with luxury
Italian sports fashion brand Ellesse celebrates 65 years in business with luxury sneakers.
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ArticleFoot Locker starts 50th anniversary by striking the NYSE opening bell
Foot Locker turns 50 and celebrates all through the month of September.
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News briefsFoot Locker finds a place in the sun
The retailer is moving out of New York and to the south.
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ArticleFoot Locker customer prioritizes discretionary spending on footwear
Foot Locker stays on course despite economic challenges, focusing on its loyalty program, expanded brand portfolio, and upcoming mobile app launch.
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ArticleTop three changes in the 2024 Stifel US sneaker survey
Nike, New Balance and Adidas are the most popular sneaker brands in Stifel’s 17th sneaker survey.
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ArticleFoot Locker to close or relocate stores due to declining results in Q2
With an operating loss of $9m in Q2, the chain plans to close or relocate stores. This includes the closure of all stores in Sweden, Norway, Denmark and South Korea and the discontinuation of e-commerce.
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News briefsFirst look of Foot Locker´s new EMEA distribution center
There is quite a lot going on for Foot Locker outside their home market in the US. One year ago the company appointed a new GMO for EMEA. Foot Locker has published the first images of the company´s new European distribution center in Haps, the Netherlands. This new distribution center ...
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News briefsFoot Locker to open its first India store in Delhi
American athletic retailer Foot Locker will open its first brick-and-mortar store in India at the Nexus Select CityWalk Mall in Saket, New Delhi.
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News briefsFoot Locker relaunch the FLX Rewards Program
Foot Locker unveiled an enhanced FLX Rewards program and announced upcoming upgrades to its mobile app, marking key milestones in the company’s Lace Up strategy, its strategy to drive sustainable and profitable growth. Based on extensive consumer insights, the revamped FLX Rewards program introduces FLX Cash, which allows customers to ...
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ArticleFoot Locker to spend as much as $1 billion on stores
In line with the strategy laid out in March of last year, the “Lace Up Plan,” Foot Locker is looking to invest up to $1 billion in opening and renovating stores in a new format all over the world, according to Modaes and other sources. The first such store opened ...
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ArticleFoot Locker reaffirms FY outlook as ‘Lace Up’ strategy begins gaining traction
Higher average unit prices, less promotional pricing, and an improved pipeline of new products from key vendor partners in the months ahead, including Nike, has Foot Locker confident that it will meet its FY24 financial objectives. The group, celebrating its 50th anniversary this year and preparing to make a big ...
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ArticlePuma sees improving trends ahead, maintains FY24 outlook
Puma, now that its most “challenging” quarter of the year is over, is forecasting sequentially improving trends for the remainder of 2024. Stronger sales growth is projected in H2 as the commercialization of developing product trends and impact of the company’s accelerated brand elevation strategy take hold. “We are ...
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ArticleFoot Locker unveils new store concept at Willowbrook Mall
Foot Locker has introduced a new retail concept at its Willowbrook Mall location in Wayne, N.J., aiming to redefine the sneaker shopping experience. According to a statement, the new store format, designed to integrate customer insights and elevate service standards, “marks a significant step forward for the global footwear retailer”. ...
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ArticleMajority of Foot Locker’s annual non-US sales generated by five countries
According to Foot Locker’s annual 10-K report filed on March 28, the retailer’s annual international sales in FY24 ended Dec. 31 were essentially flat at $2,759 million versus $2,778 million, with the majority generated in either Canada, France, Italy, Australia or Germany. The 15 other countries where the retailer operates ...
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News briefsPLC Detroit and Foot Locker open footwear creation studio
PLC Detroit has inaugurated the Foot Locker Footwear Creation Stu/deo, situated in a Bedrock-owned building in Detroit, Michigan. The design studio promises unparalleled access and opportunities in the field, offering shoemaking workshops, sample-making services, and small footwear production capabilities. At the ribbon-cutting ceremony, PLC Detroit President Dr. D’Wayne Edwards expressed ...
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ArticleFoot Locker delivers tepid outlook, delays Ebit margin objective
Foot Locker shares suffered a major setback after the group reported a whopping Q4 net loss of $389 million, outlined weak FY24 guidance, and delayed its Ebit margin range goal of 8.5-9.0 percent by two years until 2026. The news sent FL shares tumbling more than 29 percent, or $10.07, ...
