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Sneaker Industry Faces ‘Hangover’ as Dick’s Shares Drop 27%
Heavy promotions and lackluster demand for lifestyle sneakers is sending a shiver through the athletic footwear industry from Nike to Under Armour.
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swissinfo.ch
Dick’s Plummets After Outlook Cut, Citing More Discounting
(Bloomberg) -- Dick’s Sporting Goods Inc. sank after the Foot Locker chain it acquired last year continued to struggle, raising doubts about the broader sneaker market.
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Dick’s Falls Most Ever With Chairman Saying More Pain to Come
(Bloomberg) -- Dick’s Sporting Goods Inc. sank the most on record after reporting that the Foot Locker chain it acquired last year continues to struggle, raising doubts about the…
