Posts tagged as foot locker

  • fl-paramus1

    Tuesday, November 4th 2014

    Johnson follows Hicks at the helm of Foot Locker

    by Markus Huber

    Effective Dec. 1, Ken Hicks will retire after five years of serving as president and chief executive of Foot Locker. He will remain chairman of the executive board through May 2015, until the next annual meeting of the shareholders and will leave that post then as well. The 61-year-old who formerly worked for J.C. Pennney […]

  • A warm welcome for the retailer: Fesi's president, Luca Businario (left), and Lewis Kimble, chief of Foot Locker Europe.

    Monday, October 27th 2014

    Fesi opens its ranks to retailers

    by Markus Huber

    Fesi, the federation of European sporting goods manufacturers, is to open its ranks to industry retailers. The decision was taken at the association’s general meeting held from Oct. 20-21. Simultaneously, the first retailer joined Fesi – Foot Locker Europe is now its first retail member. Its president and chief executive, Lewis Kimble, has also joined the Fesi board. Our organization […]

  • runners_point

    Thursday, September 11th 2014

    Foot Locker man joins Runners Point as CFO

    by Markus Huber

    For its German subsidiary Runners Point, NYC-based retailer Foot Locker has appointed Ton Verwijmeren vice president finance. In this role he will replace Harald Wittig who will leave the retail chain at his own request effective Oct. 1. Wittig has led Runners Point for 17 years. He was managing partner along with joint managing director […]

  • Monday, August 25th 2014

    Foot Locker presents splendid first-half figures

    by Markus Huber

    New York-based sporting goods retailer Foot Locker improved its total sales by 13.5 percent (in constant currencies: 12.6 percent) to nearly $3.51 billion in the first six months ended Aug. 2 over last year’s first half. Like-for-like sales went up by 7.3 percent. Net profit jumped to $254 million compared with $204 million twelve months […]

  • Monday, November 25th 2013

    Foot Locker reports solid growth for the first nine months

    by Markus Huber

    In its third quarter ended Nov. 2, Foot Locker managed to increase its total sales by 6.4 percent (and by 4.1 percent on a comp store ratio) to $1,622 million. Excluding currency effects and the acquisition of Runners Point in Germany, sales were up by 1.3 percent compared with last year’s period. The net income […]

  • Wednesday, September 18th 2013

    Foot Locker takes its fitness banner SIX:02 into the web

    by Markus Huber

    Foot Locker, the New York-based sporting goods retailer, has opened a new website called SIX02.com, an online shop addressing female fitness enthusiasts with related gear from leading brands such as Nike, Reebok, Adidas and others. The e-commerce site is beefed up with training and product advice from well-known instructors, dancers and yoga teachers and with […]

  • Sunday, August 25th 2013

    Foot Locker sees healthy organic growth

    by Markus Huber

    In its second quarter which ended on Aug. 3rd, Foot Locker saw sales increase to $1,454 million which equates to a 6.4 percent rise or 5.9 percent if currencies are kept at a constant. On a like-for-like basis, sales were therefore up by 1.8 percent. These figures include figures for the first month of the […]

  • Monday, May 27th 2013

    Foot Locker posts another record quarter

    by Markus Huber

    Foot Locker, the big U.S. retail chain of athletic footwear and apparel, has reported quarterly sales of $1,638 million in the first three months of its financial year up by 3.8 percent compared with the previous year’s period. The sales increase on a store-comparable basis was 5.2 percent, excluding foreign currency effects 4.1 percent. The […]

  • Thursday, May 9th 2013

    Foot Locker acquires Runners Point

    by Markus Huber

    The U.S. retailer has announced that it is buying Runners Point, the German athletic footwear and apparel chain, for €72 million. The majority of shares in Runners Point are held by Hannover Finanz, a German private equity investor, while the remaining shares are owned by the chain’s senior management led by Otto Hurler and Harald […]

  • Thursday, February 21st 2013

    Foot Locker will invest more in 2013

    by Markus Huber

    The board of directors of Foot Locker, which has been faring well financially, has approved a $220 million investment program for the current year. That is far more than the $163 million spent last year. The money will be invested in various fields of expansion such as the development and roll-out of innovative new retail formats and […]