But while Nike is still intricately entwined with Foot Locker’s success, Dillon expects the company to return to growth “on an allocation basis with Nike in Q4.” ...
Nike Inc (NYSE: NKE) ended 2023 by reporting declining revenue and profit despite beating both top and bottom line estimates with its latest quarter results. Fiscal second quarter highlights ...
(Reuters) - Foot Locker executives said on Wednesday they are working closely with Nike to emphasize its newer styles, including Vomero and Air DT Max shoe models, amid "softness" in demand for the ...
When news broke in March 2022 that Nike would reduce the amount of inventory it sent to Foot Locker stores, it signaled that the storied shoe brand was deprioritizing its closest retailer ...
Despite a renewed partnership with Nike, Foot Locker will continue to diversify the brands it sells under new CEO Mary Dillon. Foot Locker and other sneaker retailers have learned their lesson ...