Foot Locker Deepens Relationship with Adidas as Both Retailers Focus on Digital Offerings
Retail TouchPoints
MAY 9, 2022
The partnership establishes Foot Locker as adidas’ lead partner in the basketball category and aims to drive more than $2 billion in retail sales by 2025, nearly triple the partnership’s revenue from 2021. Foot Locker’s diversification plan also calls for reducing the maximum spend for a single supplier to cap out at 55% by Q4 2022.
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