Foot Locker Inc

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US: Skechers and Genesco on the private equity radar? | 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.

US: Genesco to close 57 stores, slashes earnings outlook | 17 May 07

Clothing and hat retailer Genesco Inc today slashed its first quarter earnings outlook and said it plans to shutter up to 57 underperforming stores.

US: Foot Locker skids on Q1 guidance reduction | 11 May 07

Shares of Foot Locker dropped more than 10% in after-hours trading Thursday (10 May) after the athletic specialty retailer sharply cut its first quarter earnings projections based on weakness in its US stores.

US: Genesco rejects Foot Locker’s $1.2bn bid | 23 Apr 07

Footwear and accessories retailer Genesco Inc today rejected Foot Locker's $1.2bn acquisition proposal saying it is “not in the best interests of the Company's shareholders.”

US: Foot Locker launches $1.2bn bid for Genesco | 20 Apr 07

Foot Locker Inc today (20 April) launched a takeover bid for footwear, apparel and hat retailer Genesco Inc for $1.2bn or $46 per share.

US: Adidas launches graffiti trainer range | 10 Apr 07

Adidas Group has launched a new range of sneakers inspired by graffiti art.

US: Genesco up on Foot Locker buy buzz | 20 Mar 07

Shares of Genesco rose more than 7% on Monday (19 March) following a published report that Foot Locker’s desire for an acquisition would lead it to launch a hostile takeover bid for the footwear, apparel and hat retailer.

US: Reebok gets ready for St Patrick’s Day | 16 Mar 07

Reebok has launched a limited number of sneakers in time for St Patrick’s Day in the US.

US: Foot Locker beats Q4 net bet on soft sales | 8 Mar 07

A “challenging” climate for athletic footwear and apparel in the US didn’t stop Foot Locker from topping both year-ago profits and its own earnings guidance during the fourth quarter.

US: Foot Locker releases quarterly dividend | 22 Feb 07

The board of directors at athletic retailer Foot Locker has declared a quarterly cash dividend on the company’s common stock of US$0.125 per share.

US: Foot Locker Q4 sales down 0.6% | 9 Feb 07

Foot Locker saw sales for the 13-week period ended 27 January fall 0.6% to US$1.55bn, the sports retailer said in a trading update. Same-store sales for the period decreased 3.4%.

US: J Jill appoints Chasin chief marketer | 11 Dec 06

Hilary Chasin has joined The Talbots as senior vice president and chief marketing officer of the J Jill brand. She reports to Philip Kowalczyk, president of J Jill.

US: Foot Locker CEO denies sale talks | 20 Nov 06

The CEO of Foot Locker, the athletic clothing and footwear chain, has denied that the company is considering a sale.

US: Foot Locker to launch value chain, Q3 profit dips | 17 Nov 06

Foot Locker Inc is shifting its demographic focus a bit and will open a new nameplate, Footquarters, offering value-priced family footwear.

US: Foot Locker revenue up 1.6% during Q3 | 6 Nov 06

Athletic retailer Foot Locker has reported sales of US$1.43bn for the third quarter 2006, versus $1.41bn in the comparable period last year, an increase of 1.6%.

US: Retailers’ October 2006 sales roundup | 2 Nov 06

The following is a general roundup of apparel and shoe chains' October 2006 sales results. The list will be updated as new results become available.

US: Ron Halls named Foot Locker international chief | 11 Oct 06

Athletic retailer Foot Locker has promoted Ron Halls to the role of president and CEO of its international operations in Europe, Canada and the Asia-Pacific region, as well as its e-commerce business.

US: Foot Locker considering a sale? | 21 Aug 06

Athletic goods chain Foot Locker said it has hired Evercore Partners to advise it on "a range of matters".

US: Foot Locker sales slightly down | 7 Aug 06

Sports apparel and footwear company Foot Locker has reported second-quarter sales down 0.1% at US$1.30m, with flat sales both domestically and in Europe.

US: Foot Locker shares surge on takeover talk | 11 Jul 06

Shares in athletic footwear and clothing retailer Foot Locker soared to their highest level for more than two years as rumours of a planned takeover intensified.

US: Foot Locker falls short of forecast | 18 May 06

Shoe retailer Foot Locker missed first-quarter sales expectations, affected by its underperforming European operations.

US: Foot Locker Q1 sales fall 0.9%, European business weak | 5 May 06

Sports shoes retailer Foot Locker said weaknesses in Europe dragged first-quarter sales down 0.9% to US$1.36bn, missing analyst predictions.

US: Foot Locker income dragged down by international markets | 2 Mar 06

Foot Locker, the New York-based athletic retailer, has seen a fall in full year net income despite a strong end to the year.

CANADA: Hemptown names ex-adidas manager as VP | 13 Feb 06

Environmentally friendly apparel company Hemptown Clothing has appointed Stephanie Knight as vice president, strategic sales of its HT Naturals clothing division.

US: Bankruptcy court OKs Footstar's reorganisation plan | 31 Jan 06

Shoe retailer Footstar Inc has had its Chapter 11 reorganisation plan confirmed by the US Bankruptcy Court – and should emerge from bankruptcy on Monday 6 February.

USA: Foot Locker Exec Changes As CFO Resigns | 21 Nov 05

Sports shoe chain Foot Locker has promoted two executives to lead its finance and accounting division, following the resignation of chief financial officer Bruce Hartman, who is moving to another company.

USA: Foot Locker Q3 Income Down On Marketing Costs | 18 Nov 05

Sports shoe chain Foot Locker’s third-quarter income has been damaged 11 per cent by increased European marketing spending.

USA: Retailers' October 2005 Sales Roundup | 3 Nov 05

The following is a general roundup of apparel and shoe chains' October sales results. The list will be updated as new results become available.

USA: Foot Locker Sales Up But Warns On Profit | 3 Nov 05

Sports shoe chain Foot Locker has reported a rise in third-quarter sales, but warned on profit because of hurricane-related expenses.

USA: Foot Locker Q2 Profit Down 46% | 19 Aug 05

Sports shoe retailer Foot Locker Inc has suffered a 46 per cent slump in second-quarter profit as good sales on the US market were offset by a lack of demand in Europe.








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