Foot Locker Inc

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US: Foot Locker lowers outlook as swings to Q3 profit just-style.com | 21 Nov 08

New York-based specialty athletic retailer Foot Locker Inc today (21 November) lowered its full-year outlook after better international sales failed to offset a slowdown in the US.


US: Foot Locker closes US$103.2m CCS acquisition just-style.com | 6 Nov 08

Sports goods retailer Foot Locker has closed the US$103.2m acquisition of direct-to-consumer skatewear retailer CCS from Delia’s Inc.


US: Foot Locker sacks CEO of US unit just-style.com | 2 Oct 08

Athletic apparel and footwear retailer Foot Locker Inc has fired Richard Mina, the president and chief executive officer of its US division.


US: Foot Locker to buy CCS from Delia’s for $102m just-style.com | 29 Sep 08

Athletic footwear and apparel retailer Foot Locker Inc is to buy Delia’s Inc’s direct-to-consumer skate-wear business CCS for $102m in cash as part of plans to broaden its appeal to teenage boys.


US: Lower markdowns drive Foot Locker Q2 profit just-style.com | 22 Aug 08

Retailer Foot Locker posted second quarter profits ahead of expectations, boosted by lower than anticipated markdowns.


US: Heelys names Lisa Peterson as CFO just-style.com | 10 Jul 08

Wheeled footwear maker Heelys has appointed Lisa K Peterson as senior vice president and chief financial officer, and named John Benton Price vice president of product.


US: Foot Locker Q1 profit tumbles 83% on charges just-style.com | 23 May 08

Struggling New York-based specialty athletic retailer Foot Locker Inc has posted an 83% slump in first quarter profit after it was hit by charges for closing stores and lower sales.


In the money: Competition rife in sportswear just-style.com | 15 May 08

The choice between fight and flight is taking on a new meaning in the sporting goods sector. Brands are soaring by exploiting new opportunities in emerging markets, while a subsequent fight for remaining market share is taking shape closer to home, as Joe Ayling reports.


US: Foot Locker ratings downgraded just-style.com | 1 Apr 08

Moody’s Investors Service has downgraded its ratings for sports retailer Foot Locker, thanks to the company’s fall in sales and profits in fiscal 2007.


US: Reebok ties up with Marvel for children's cartoon line just-style.com | 31 Mar 08

Sporting goods firm Reebok has tied up with Marvel Entertainment to launch a collection of children’s sneakers featuring superheroes Iron Man and The Incredible Hulk.


US: Foot Locker cautious after Q4 profit drops 23% just-style.com | 11 Mar 08

Specialist retailer Foot Locker is planning more store closures after reporting a 23% nosedive in profits during the fourth quarter.


US: Heelys CEO Staffaroni resigns just-style.com | 4 Feb 08

Wheeled footwear firm Heelys has accepted the resignation of Michael G Staffaroni, the company's CEO since 2001.


Top stories on just-style this year... just-style.com | 21 Dec 07

Here is a list of the top ten stories published on just-style during the past year. To read the stories in full, please click on the headlines.


US: Iconix adds to senior management team just-style.com | 3 Dec 07

Iconix Brand Group has announced the addition of four new executives to its senior management team.


US: Foot Locker disappointed with third quarter loss just-style.com | 21 Nov 07

New York-based athletic footwear retailer Foot Locker has swung to a third quarter net loss of US$33m, from a net income of $65m in the same period last year, as store closures continue.


US: Nike, Foot Locker open first basketball store just-style.com | 20 Nov 07

Nike and Foot Locker have opened the first House of Hoops by Foot Locker store, a new retail concept selling “all things basketball” and the first joint venture between the two companies.


US: Foot Locker warehouse installs bioterrorism detection kit just-style.com | 16 Oct 07

Athletic footwear and apparel retailer Foot Locker Inc has taken delivery of a bioterrorism detection kit at one of its warehouses.


US: Genesco insists Finish Line closes buyout as banks stall just-style.com | 20 Sep 07

Genesco Inc has demanded that The Finish Line completes its $1.5bn acquisition of the clothing and hat firm after accusing its bankers of trying to get out of the deal.


US: Finish Line reconsiders $1.5bn Genesco acquisition just-style.com | 31 Aug 07

Athletic shoe and apparel retailer The Finish Line is reconsidering its $1.5bn acquisition of Genesco Inc after the clothing and hat firm posted poor second-quarter results.


US: Foot Locker swings to Q2 loss of $418m just-style.com | 23 Aug 07

Foot Locker, the New York-based specialty athletic retailer, has swung to a second quarter loss after reporting slower sales and higher markdowns as it tried to clear inventory to make way for autumn merchandise.


US: Foot Locker attracts buyers, to close 250 stores just-style.com | 31 Jul 07

Athletic retailer Foot Locker has confirmed receiving inquiries from private equity firms as speculation mounts it is up for sale.


UK: Sports Direct FY profit slumps 37.3% on flotation costs just-style.com | 24 Jul 07

Sports Direct International’s pre-tax profit fell 37.3% last year as it was hit by a number of exceptional items related to its flotation in February, and current year trading is now being stifled by record wet weather conditions in the UK the company said today (24 July).


US: Foot Locker sale rumours resurface just-style.com | 20 Jul 07

Athletic retailer Foot Locker is rumoured to be considering a sale once again following a slump in its performance.


US: Nike promotes Craig Zanon as global basketball VP just-style.com | 11 Jul 07

Sportswear giant Nike Inc has promoted Craig Zanon as vice president and general manager of Global Basketball, succeeding Larry Miller who recently named team president of the Portland Trail Blazers.


US: Finish Line to buy Genesco for $1.5bn just-style.com | 18 Jun 07

Just two weeks after rejecting a sweetened takeover offer from Foot Locker, clothing and hat firm Genesco Inc has today (18 June) agreed to be bought by athletic shoe and apparel retailer The Finish Line in a deal worth around $1.5bn.


US: Jay Friedman to lead Jones Apparel retail businesses just-style.com | 13 Jun 07

Jones Apparel Group Inc has promoted industry veteran Jay Friedman to the position of president, company-owned retail footwear and apparel, effective immediately.


US: Genesco rejects second Foot Locker offer, Q1 falls 79% just-style.com | 1 Jun 07

Genesco Thursday (31 May) rejected a sweetened takeover offer from Foot Locker but said it would pursue strategic alternatives, including a possible sale.


US: Foot Locker trips up as Q1 profit falls 71% just-style.com | 24 May 07

A weak performance in its US businesses has led to a 71% slump in first quarter profit at athletic footwear retailer Foot Locker Inc.


US: Nike, Foot Locker to partner on basketball stores just-style.com | 23 May 07

Nike and Foot Locker said Tuesday (22 May) that they will jointly develop a new retail concept, to be called House of Hoops by Foot Locker, to bring “all things basketball” to as many as 50 stores in the US over the next three years.


US: Skechers and Genesco on the private equity radar? just-style.com | 21 May 07

Skechers USA and Genesco are reported to be staging talks with private equity firm KKR in a move that would lead to the two footwear firms being combined.

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