As a key supplier, Nike (NKE) shares were losing ground in early Wednesday trading in sympathy with disappointing Q3 results from Foot Locker (NYSE:FL). But shares for both have since pared their ...
Foot Locker is feeling the holiday blues after seeing weak consumer demand and steep promotions across the sneaker marketplace. The company fell short of Wall Street's expectations on the top and ...
(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 ...
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 ...