Q1 2023

Foot Locker laments muted demand in Q1, names former Kohl’s exec as CFO

"More aggressive markdowns" are on the cards at Foot Locker as the firm looks to drive demand and manage inventory,…

Allbirds co-CEO Brown steps down amid job cuts and widening losses

Allbirds announced in a recent filing the company has cut around 21 corporate jobs as part of a cost-cutting exercise.…

Asics Q1 revenues smash all-time record

For the first quarter that ended 31 March 2023, Asics reported a 44.6% increase in its net sales from ¥105.3bn…

Wolverine Worldwide weighs options for Sperry in portfolio optimisation

Wolverine Worldwide CEO Brendan Hoffman told investors on a call in the wake of the first quarter results (Q1) the…