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Tag: Foot Locker Inc

’90s look is dead for retail, leaving stock winners and losers: Jefferies

(Credit: NBC/NBCU Photo Bank via Getty Images) The ’90s fashion revival has past its peak. Over the last few years, women ditched skinny jeans for the classic Levi’s style, Champion windbreakers flew off shelves and streaming platforms battled for the rights to the hit show “Friends.” This revival of 1990s consumer tastes put certain brands …

’90s look is dead for retail, leaving stock winners and losers: JefferiesRead More

Nike won’t sell directly to Amazon anymore

Valentyn Ogirenko | Reuters Nike will stop selling merchandise directly to Amazon, as part of its push to sell more directly to consumers, the company confirmed to CNBC. The abrupt halt will end a pilot test that Nike and Amazon launched together in 2017. At the time, Nike agreed to sell a limited product assortment …

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‘Brands don’t need Amazon.’ Nike’s departure could prompt others to go

A shopper browsing Amazon. Indranil Bhoumik | Mint | Getty Images Nike is breaking up with Amazon. The sneaker retailer said it will no longer sell merchandise through the e-commerce giant’s website, in a bid to focus on Nike’s own direct-to-consumer business. The news is setting off alarm bells in the retail industry, with some …

‘Brands don’t need Amazon.’ Nike’s departure could prompt others to goRead More