Foot Locker Feels the Sting of Nike’s DTC Push - Footwear News
2/25/2022 12:00:00 AM3 years 2 months ago
by Shoshy Ciment
by Shoshy Ciment
Foot Locker on Friday posted a bleak outlook for 2022, largely due to the impact of one of the company's vendors making an "accelerated strategic shift to DTC." Foot Locker said as a result, no single vendor will represent more than 55% of total supplier spen…
Even Foot Locker isn’t immune to the sting of the direct-to-consumer push. The footwear retailer on Friday posted a bleak outlook for 2022, largely due to the impact of one of the company’s vendors … [+3231 chars]
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