Foot Locker will open what it is describing as a global flagship at the Marble Arch end of Oxford Street as it prepares to move into a 14,000 sq ft space at street and basement levels next to Marble Arch station.
Asics has launched a new product line called Hypergel with Steve Aoki which will debut exclusively at Foot Locker. The line mixes a street style aesthetic with Asics' standard performance gel technology.
Foot Locker has made a strategic investment of $15 million in Series A funding in luxury women's active marketplace Carbon38. Brands sold on the site include Alo Yoga, Adidas by Stella McCartney, and Beyoncé's Ivy Park.
Shares of sports retailers soared on better-than-expected earnings from Foot Locker Inc, Shoe Carnival Inc and Hibbett Sports Inc as the companies sold more premium shoes and cut stocks of low-margin ones.