Weakness in China and a less than stellar execution of its direct-to-consumer strategy have also weighed on Nike stock in 2024. And from what Foot Locker told CNBC in an interview today ...

Mary Dillon, the former Ulta Beauty boss who took over Foot Locker in 2022, blamed the earnings misses on soft demand for Nike sneakers and ... In the meantime, the shoe company slashed its ...

The analyst writes that Foot Locker is positioned for an earnings recovery in 2025, with improvements expected from a strengthened Nike, Inc partnership, growth in non-Nike brands, recent SG&A ...

FOOT Locker executives said on Wednesday (Dec 4) that they are working closely with Nike to emphasise its newer styles, including Vomero and Air DT Max shoe models, amid “softness” in demand for the ...

(Reuters) - Foot Locker (NYSE:FL) executives said on Wednesday they are working closely with Nike (NYSE:NKE) to emphasize its newer styles, including Vomero and Air DT Max shoe models, amid ...

Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short ...

With Nike making up 60% of Foot Locker's sales, weakness in the brand is a huge weight even as competitors gain share: "Nike has been offering higher promotions, the retailers have had to respond.