
British fashion retailer Matchesfashion.com has appointed Richard Johnson, formerly of The Al Tayer Group, as its new Commercial Director.
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British fashion retailer Matchesfashion.com has appointed Richard Johnson, formerly of The Al Tayer Group, as its new Commercial Director.
The New York-based athletic retailer on Friday reported record financial results for its first quarter, with net income increasing 17 percent over last year.
By 2020, American sports retail chain Foot Locker hopes to be recording 10 billion dollars in revenue by notably expanding its development in Europe.
Specialty athletic retailer Foot Locker reported net income of $146m for the 13 weeks ended January 31, 2015 and net income of $520m in the 2014 fiscal year.
Foot Locker continues to grow. For its third quarter ending on November 1, the US company recorded sales up 6.7%.
Kenneth Hicks will step down as CEO of Foot Locker next month. As of December 1, Richard Johnson, his right-hand man and COO, will take over.
Foot Locker said it was consolidating its management team, cutting jobs and closing 117 stores this quarter as the athletic shoe retailer reorganizes its business under its new chief executive officer.