About us. Just For Feet Inc. was an athletic shoe and sportswear retailer headquartered in Birmingham, Alabama which became one of the largest and fastest growing athletic stores in the United States.
Who is the parent company of Foot Locker?
Principal Subsidiary Companies: Foot Locker is a wholly owned subsidiary of the Venator Group, formerly Woolworth Corporation. Chief Competitors: As the number-one athletic footwear retailer in the United States, Foot Locker faces intense competition.
Who started just for feet?
Just For Feet was a publicly-traded athletic shoe and sportswear retail chain headquartered at 7400 Cahaba Valley Road in Birmingham, It was founded by entrepreneur Harold Ruttenberg as a follow-up to his Hang Ten store. Through acquisitions the chain grew into one of the largest athletic shoe retailers in the world, but after several missteps was forced into bankruptcy.
- The business was acquired out of bankruptcy in 2000 by Footstar Inc.
- The last stores operating under the Just For Feet name closed in 2004,
- Ruttenberg started his first sportswear store as ” Hang Ten Sports World ” (also known as Two Feet Ahead ) in Century Plaza in 1977,
- Irritated by rent increases, he closed that store in 1986 and began working on the idea of opening a large, freestanding store dedicated primarily to athletic footwear.
The result was the first “Just For Feet Superstore”, which opened on the perimeter of the Riverchase Galleria in 1988, Latching onto the trend of “category killer” big box stores, the company generated interest from consumers as well as investors. Just For Feet went public in 1994 and opened as many as 140 superstores in 25 U.S.
What is the history of just for feet?
History – Just for Feet Inc. began with a single store at Century Plaza in Birmingham, Alabama in 1977. Just For Feet operated over 140 superstores in 25 U.S. states and Puerto Rico by 1999. Most of the Just For Feet stores were located on outparcels adjoining major malls in cities, primarily in the Southeast, Midwest and Southwest.
Is Finish Line owned by Foot Locker?
From Wikipedia, the free encyclopedia
|Traded as||Nasdaq : FINL (Class A)|
|Industry||Athletic footwear and fashion|
|Founded||1976 ; 47 years ago|
|Founders||Alan Cohen David Klapper|
|Headquarters||Indianapolis, Indiana, U.S.|
|Number of locations||670|
|Key people||Sam Sato (Chairman & CEO)|
|Products||Clothing and shoes|
|Revenue||$1.44 billion (2013)|
|Number of employees||10,000+|
Finish Line, Inc. is an American retail chain that sells athletic shoes and related apparel and accessories owned by JD Sports. The company operates 660 stores in 47 states and Puerto Rico, mostly in shopping malls, as well as Finish Line-branded athletic shoe departments in more than 450 Macy’s stores.
Is Foot Locker part of Nike?
Nearly 70% of its products are from Nike.
Why did Foot Locker shut down?
March 22, 2023 / 8:05 AM / MoneyWatch Foot Locker plans to shutter more than 400 of its in-mall stores as it pivots its business strategy to connect with niche markets. The store closures are part of the company’s “Lace Up” plan to “reset” its business and grow its total revenue to $9.5 billion by 2026, Foot Locker executives said this week at an investor event in New York City.
As part of that plan, Foot Locker will diversify its brand portfolio, embracing new standalone store formats that offer a wider selection of products for sneaker lovers. “The sneakerhead mindset is on the rise, with sneakers becoming a favorite avenue for individual expression where newness and collectibility truly fuel demand for more,” Foot Locker CEO Mary Dillon said at the event.
Foot Locker’s decision to close more than 400 of its mall-based outlets by 2026 comes as the brand gears up to open more than 300 free-standing concept stores in three varieties: “Community” stores serving neighborhoods with a “passion for sneakers,” such as the brand’s Compton store in Los Angeles, California and its Santoni outpost in Paris, France; “House of Play” stores, a larger format of Kids Foot Locker offering “elevated storytelling and product presentations”; and “Power” stores featuring a “full-family assortment” of products with a “broader reach.” Sneaker resellers look to redefine sneaker culture amid recent decline in sales 08:21
Does selling feet pictures really earn you a living?
Some women make an actual full-time income selling foot photos and can make an income of $70,000 a year. However, this will all depend on how many photos are being sold, how good the quality is, and how popular the images are. There is no set standard price for selling foot pics, and you are in control of your pricing.
How did feet get its name?
The History of Measurement Before we had standardized units of measurement like inches, feet, yards or metric units, people from ancient times used parts of their bodies to measure things. We always have our bodies with us as a ready reference, but people come in different sizes, so it wasn’t a very accurate system! Here is what our units were based on:
The measurement we use today called “foot” is 12 inches long and was actually the length of King Henry I’s foot. The inch was the length of 3 grains of barley end-to-end or the width of a man’s thumb. The length between someone’s outstretched arms was called a fathom A cubit was the distance between your elbow and the tip of your middle finger. A yard today is 36 inches. Long ago, it was the distance between your nose and your thumb when your arm is stretched out.
Teacher Catherine Pray-Bollmann asked her 1st-3rd grade students to measure items around the house using their body parts to estimate the number of inches, feet, yards, cubit or fathoms. Click to see her video. How many
fathoms wide is your front yard? feet long is your couch? cubits long is the dinner table? inches long is your pet?
: The History of Measurement
Why are feet pics so famous?
Why are people selling pictures of their feet? – People are selling pictures of their feet to make money from home quickly and safely. Many people have found that they can monetize their assets by taking pictures of their feet, which can then be sold online or through other platforms.
Where did the good feet store originate?
Retail Profile: Good Feet Build it and they will come. That’s what Joe Paul, founder of Good Feet Worldwide, was banking on when he opened his first arch-support store in Solana, Calif., in 1992. Initially, he distributed the Alznner brand exclusively, but the store concept spread as friends and family began opening sister locations on their own, and it wasn’t long before Paul and his wife, Rosalin, realized that a more diverse product offering was needed.
After seeking input from foot specialists and researchers, the couple introduced in 2000 a full range of prefabricated arch supports under the Good Feet label, to be sold exclusively through its network of stores, which today numbers more than 140 units in 42 states, as well as in Canada, Puerto Rico and Korea.
The Carlsbad, Calif.-based company was sold to a private investor in 2004, when it also switched to franchising. According to Leigh Woeller, director of marketing, Good Feet now bows 24 to 30 stores annually, with Atlanta, Houston and Tucson, Ariz., among the most recent openings.
Initial startup costs range from $91,000 to $190,000 per store, depending on the location. And Good Feet requires a monthly royalty of 5 percent of gross sales from each franchisee, with 2 percent as a management fee and 3 percent for an advertising fund. BY DESIGN To unify the look of its stores, which range from 900 to 1,200 square feet, Good Feet tapped Minneapolis-based retail design specialist Stein LLC to create a new blueprint.
According to President Sandy Stein, Good Feet’s original living-room-style format was out of sync with its role as a paramedical facility. With a budget of just $25,000 per store to be paid for by the franchisee, the firm created a wall graphic highlighting the brand’s proprietary Three-Step System.
- In addition, the plan called for individual fit stations, where clients can meet privately with specialists.
- Introduced last spring, the new store design is being rolled out in two doors a week.
- THE RIGHT MIX Good Feet exclusively offers its own custom-fit arch supports, produced in its California factory.
About 500,000 pairs are sold annually. The assortment consists of 25 styles in more than 300 sizes for varying levels of support, which are categorized according to the company’s Three-Step System: Exercise, the most supportive versions; Maintain, with less-aggressive styles; and Relax, offering minimal support.
- The products retail from $60 to $300.
- People are looking for relief from pain,” said Woeller, about the stores’ diverse customer base.
- She noted, however, that Good Feet staffers are not medical professionals and that customers with serious foot-related problems are directed to first see a doctor.
- Though arch supports are the mainstay of the business, Good Feet’s merchandise is rounded out with a modest footwear offering from brands including P.W.
Minor, MBT, Spira, Xsensible, Propét, New Balance, Brooks and Cogent, as well as a selection of therapeutic socks and Good Feet-branded foot lotions. SERVICE ISSUES Each franchisee is provided with a week-long training program at the company’s Franchise Support Center, and an online training certification program is offered for store associates.
- In addition, Good Feet provides ongoing training resources that include a two-day annual convention and refresher training courses via the Web, DVDs and seminars.
- In addition, Dean Handt, director of retail operations and development (and owner of three Good Feet stores in Minnesota), offers onsite training at individual stores.
Since the arch supports often require a break-in period, sales associates are required to follow up with customers after each sale, at one-, two- and three-week intervals. “We do a lot of follow-up,” Woeller said. “If they’re not comfortable, consumers can come back for something else.” PROMOTIONAL STRATEGIES Woeller said marketing is “pivotal” to communicating the Good Feet message.
- The company provides its franchisees with ad spots and infomercials for TV and radio.
- Individual store owners are responsible for their own advertising costs.
- According to Jeff Ando, director of franchising and a franchise owner in Northern California, initial grand-opening advertising costs can range from $5,800 to $24,250, depending on the market and number of stores.
The company also is getting a little help from a famous face: Emmitt Smith (above, right). A Good Feet employee sent the football legend (and “Dancing With the Stars” contestant) a pair of arch supports after hearing him complain about his aching feet on the TV show.
An instant convert, Smith wound up signing on as a Good Feet spokesperson and now appears in ads and on the company’s Website. FACING CHALLENGES Although the tough economy is challenging most retailers, Woeller said Good Feet has not been affected, even with its better price points. “When you’re in pain, you need to feel better in order to go out and do your job,” she said, referring to the benefits of the arch supports.
“It’s not a luxury product, it’s something people need to have.”
- For brands with removable orthotic options, Good Feet can be an ideal venue.
- Geoff Langley, director of sales for Vancouver, British Columbia-based Xsensible, said his brand’s focus on footwear with removable footbeds provides the stability to allow Good Feet arch supports to function properly.
Similarly, Kathy Antinore, product manager for Batavia, N.Y.-based P.W. Minor, said that since her company’s shoes are available in a broad range of depths and widths, they can easily accommodate Good Feet’s wide variety of arch supports.
- THE SCENE
- Neighborhood vibe: Good Feet stores are typically located in strip centers for easy customer access.
- Customer base: Men and women of all ages, particularly workers who are on their feet all day.
Competition: Since Good Feet arch supports are personally fitted and not measured according to shoe size, the brand does not compete with over-the-counter or drug-store products. And since the supports are not considered a medical product, Good Feet does not compete with podiatrists either. : Retail Profile: Good Feet
Where was the good feet store founded?
Good Feet® began as a family-owned business in 1992, and opened its first store three years later. Good Feet® arch supports are manufactured in our facility in Carlsbad, California – allowing us to maintain the highest quality control production standards.
What is the history of shoe lasts?
The Shoe Last – The last is a roughly foot-shaped form made of molded plastic, carved wood, cast aluminum, or 3D printed plastic. Why is the last called the last? The word ‘last’ comes from the old English word ‘laest,’ which means ‘footprint.’ The first shoe lasts were used by the Greeks and Romans all the way back to 400 BCE! Throughout all of this time, the last has been critical to the shape and fit of a shoe.
Does Drake have his own shoe line?
The rapper said the sneakers were named after a children’s book “Love You Forever” by Robert Munsch. – By Isaac Phan Nay Staff Reporter Tue., Nov.29, 2022 1 min. read Toronto rapper Drake is set to release Nike sneakers dedicated to his mother next month.
The rapper created the sneakers under his own Nike-branded label, “NOCTA.” Drake said the shoes are dedicated to his mother and their favourite book in an Instagram post Sunday. The long-anticipated sneakers are a reimagined version of Nike’s popular “Air Force 1” shoe and are said to be a celebration of the singer’s chart-topping album “Certified Lover Boy.” The post included a photo of Robert Munsch’s picture book, “Love You Forever” with a personal dedication to his mom.
“For my mother,” it reads, “Your perennial care and nurturing is never lost on me. This book is the time capsule of our love. I long for the days when it was this simple” and is signed simply, “Aubrey.” Three jewelled hearts sit near the shoe’s heel. The outsole, which usually reads “AIR” near its heel and is studded with stars near its treads, reads “Love you forever” in cursive and is studded with hearts for traction.
The brand has not disclosed when the shoes will be available for purchase, but sneaker resell platform StockX reports the drop could happen as early as Dec.2 and the shoes are expected to retail for $160 USD. JOIN THE CONVERSATION Conversations are opinions of our readers and are subject to the Code of Conduct,
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Is Goat owned by Foot Locker?
History – GOAT was founded by Eddy Lu and Daishin Sugano in July 2015. Lu serves as the Chief Executive Officer and co-founder, while Sugano holds the role of Chief Product Officer and co-founder. Yunah Lee was appointed Chief Financial Officer in 2017, Sen Sugano was appointed Chief Brand Officer in 2019 and Matt Cohen was appointed Chief Revenue Officer in 2021.
GOAT implements a “ship-to-verify” model that uses machine learning to verify the authenticity of the sneakers on its platform. In 2019, the platform expanded into new markets and categories to offer luxury and streetwear apparel and accessories in addition to secondhand products. GOAT has partnered with several luxury brands, including Versace, Chloe, and Bergdorf Goodman,
In February 2018, GOAT and Flight Club announced their merger, creating an omni-channel approach for the business. The brands operate independently, as GOAT focuses on mobile and web listings, while Flight Club focuses on global retail and e-commerce consignment.
What brand did Foot Locker stop selling?
RetailWire.com reported that Nike product will begin to wean from Foot Locker in the fourth quarter of 2022, but will still remain in stores in a limited format.
Did Nike drop Foot Locker?
Swoosh: Why Nike’s Foot Locker Cutback Could Devastate Other Retailers There could be a lot more swooshes to come across all of retail. (Photo by John Nacion/SOPA, Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images For any retailer shocked by Nike’s move last week to pull some of its products out of Foot Locker, two things: first, you should have seen this coming and, second, it’s going to happen to you too.
- Some 70% of Foot Locker’s sales in 2021 were in Nike product, the retailer said in its 2021 public filings, and it is now saying no single vendor will account for more than 55% of its merchandise selection.
- For this fiscal year it will be about 60% of its merchandise purchases, the company said.
- Its stock had immediately took a 30% dive last week following the news and while it recovered some of that as the new week began Foot Locker shares are still off about a quarter since the start of the year and, at a $31.62 close on Monday, less than half of their 52-week high set last May.
Foot Locker said it expects sales to decline between 8% and 10% this year as it looks to expand offerings from other brands like Adidas, Puma, New Balance and Crocs, But as CEO Richard Johnson told analysts last week in referring to the big sales spike a Michael Jordan-branded drop from Nike can generate, “That’s a tough dynamic to overcome.” Maybe Foot Locker should have seen this coming, as over the past few years Nike has been systematically cutting back its third party distribution to focus on its own direct-to-consumer efforts, both in-store and online.
- The first big shoe to drop, so to speak, was for Amazon when it discontinued selling directly on the online giant, although Nike products are still available on the marketplace through third parties.
- Since it began cutting back third-party selling, it has dropped a number of big national retailers, including DSW, Zappos, Dillard’s, Urban Outfitters and Shoe Show.
Nike has not commented publicly on this Foot Locker news. But the “Swoosh” effect is not likely to stop with Nike. Any national retailer that sells brands from other companies has to be looking at this move as a potential harbinger of what’s to come. Fashion brands like Ralph Lauren and Calvin Klein have always had restrictions on what retailers could sell their products (even as both brands sell heavily into the so-called third-tier nameplates like the TJX brands and other off-pricers).
But the Nike move is different and it should be sending shivers up and down the backs – and bottom lines – of big retailers, particularly in the department store channel, but also discounters and specialty chains. Any national brand that is opening more of its own stores – something we’re seeing with increased frequency in the fashion, jewelry and footwear sectors – has to be looking at how it can control its distribution, keeping its products away from the myriad price-cutting, couponing and one-day sales that have become the lifeblood of many big chains.
The increased sales through e-commerce give these brands another way to connect with shoppers directly, bypassing the stores that had been their selling partners for generations. It’s why we’re also likely to see more of those stores opting for private label programs, captured brands and exclusivity deals that come with more control for retailers.and less caveats all around.
- The last holdouts could be the many fashion, accessory and beauty brands that don’t have the scale, finances or stomach to get further into the business of retailing.
- There will be many of them still.but not as many as there used to be.
- All of this comes down to control: control of pricing, control of where your products are sold and control of how they are shown on store selling floors and on websites.
That control is something retailers have had for more than decades but now it could be gone in a swoosh. Editor’s Note: This story has been updated as of March 2, 2022 to reflect the fact that Nike has not cut out Foot Locker completely. The retailer will continue to sell Nike products, which would represent as much as 55% of its merchandise purchases in the coming year.
What does Nike do with shoes that don’t sell?
Nike footwear that cannot be sold as brand new is eligible for Nike Refurbished. This could include a pair that a consumer returned or exchanged from a recent purchase because it wasn’t quite right for them, or shoes with a small imperfection.
Is Foot Locker removing Nike?
Is Foot Locker removing Nike from shelves? Not exactly This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
(NEXSTAR) — You may have heard the rumors that Foot Locker is giving Nike the boot, or maybe you’ve heard that Nike is pulling all of its products from Foot Locker shelves. Don’t believe everything you hear. Like most rumors, some truth lies behind the shift in the longstanding relationship between the retail store and its best-selling brand; however, the facts are a bit less exciting than the tweets that appear to indicate Nike is While customers may see a slightly smaller selection of shoes brandishing the “swoosh” in coming months, a Foot Locker representative told Nexstar that Nikes are not going to disappear from stores.
In 2021, Nike made up approximately 65% of total Foot Locker spending and 70% of total sales. In a February, however, the shoe retailer said it “does not expect any one vendor to represent more than 55% of total supplier spend” for the fourth quarter of 2022.
Foot Locker told Nexstar that Nike is expected to represent 55% of store business for the fourth quarter, “which will still make them our biggest partner.” While the February news release did not mention Nike by name, it did say the fourth-quarter change “reflects the accelerated strategic shift to by one of the Company’s vendors.” This was approximately a month after it would be “transforming its supply chain to best serve consumers.” In a press release issued by Nike, the company explained that it was seizing “the opportunity to accelerate a transformation in its operations” after the pandemic drove more consumers online.
“We believed that the immediate and significant shifts we were seeing in consumer engagement would be systemic,” said Andrew Campion, Nike’s chief operating officer. “So we took decisive action and began building a digital-first supply chain to power Nike’s more direct, faster and precise service of consumers, all while prioritizing sustainability.” Copyright 2023 Nexstar Media Inc.
Is Foot Locker only in the US?
With approximately 2,700 retail stores in 29 countries across North America, Europe, Asia, Australia, and New Zealand, and a franchised store presence in the Middle East and Asia, Foot Locker, Inc. has a strong history of sneaker authority that sparks discovery and ignites the power of sneaker culture through its
Why is Foot Locker not selling Yeezy?
Foot Locker, Gap Remove Yeezy-Related Products From Stores
Earlier this year, Kanye West was estimated to be worth $2 billion — ranking 1,513 on Forbes’ rich list.He is now estimated to be worth $400 million after he made antisemitic comments on social media platforms.
October 26, 2022 | 01:47 pm Foot Locker Inc. Ye — formerly known as Kanye West — is no longer on Forbes’ billionaires list as businesses and athletes continue to drop him and his products. Foot Locker has become the latest brand to end its relationship with the rapper and designer over antisemitic comments he made on social media platforms.
The sneaker and activewear retailer sent an internal message to its 2,799 brick-and-mortar locations to pull all Yeezy footwear from its sales floors immediately. Gap also ended its deal with Ye, removing Yeezy Gap merchandise from its stores and shutting down YeezyGap.com. The Boston Celtics’ Jaylen Brown and Los Angeles Rams’ Aaron Donald they would be leaving Donda Sports — Ye’s sports marketing agency.
Adidas halted production of Yeezy products and stopped all payments to Ye’s companies on Tuesday.
Earlier this year, Ye was to be worth $2 billion — ranking 1,513 on Forbes’ rich list.He is now estimated to be worth $400 million after Adidas terminated its deal.
Foot Locker $2.07 billion in revenue in Q2 2022, down from $2.28 billion for the same period last year. The company reported a net income of $94 million, compared to $430 million in Q2 2021.
How many brands does Foot Locker own?
Celebrating sneaker and youth culture globally – We aren’t just one brand. We’re proud to celebrate sneaker and youth culture around the globe through a variety of brands: Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. With approximately 2,800 retail stores in 28 countries across the globe, as well as websites and mobile apps, our purpose is to inspire and empower youth culture around the world by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community.
Is Foot Locker a Nike retailer?
related investing news – During the holiday quarter, which ended Jan.28, Foot Locker posted just under $2.34 billion in sales, slightly lower than a year earlier. Its profit for the period came in at $19 million, or 20 cents a share, compared with $103 million, or $1.02 a share, a year earlier.
- Excluding one-time items, earnings per share were 97 cents, down from $1.46.
- For the current fiscal year, which will include an extra week, Foot Locker expects sales and comparable sales to be down 3.5% to 5.5%, with adjusted earnings per share of $3.35 to $3.65.
- The retailer plans to close about 400 under-performing mall stores but said it will open around 300 new format stores.
“Given how 2023 is more of a reset year and in the midst of a turnaround, there is some conservatism that the guidance had, so therefore I think the Street isn’t feeling as confident with what was given today,” said Jessica Ramirez, senior analyst at Jane Hali and Associates.
“But in the big picture it makes sense, and I do think there are a lot of strong initiatives that Mary Dillon is bringing to the table.” Since Dillon took over as chief executive of Foot Locker in September, she’s spent a “great deal of time with Nike revitalizing our partnership” after Nike moved away from wholesale channels to focus on building out direct to consumer sales.
“Of course, Nike is our largest brand partner and the leader in the industry. From day one I’ve been welcomed to the industry by John and Heidi and their team,” Dillon said of Nike CEO John Donahoe and Heidi O’Neill, its president of consumer and marketplace.
Dillon, the former chief executive of Ulta, said Foot Locker and Nike have “re-established joint planning, as well as data and insight sharing.” “The fruits of our renewed commitment to one another will begin to show up in holiday this year as we build increasing momentum to 2024 and the 50th anniversary of Foot Locker,” Dillon said.
For the past several years, Nike has been working to grow its direct to consumer business and with it, cut partnerships with numerous wholesale accounts so it could grow its e-commerce channels and open new stores. However, like other retailers, Nike was stuck with a glut of inventory brought on by pandemic-related supply chain challenges over the last few quarters and relied on those wholesale partners to move that product out.
- During its fiscal-second quarter that ended Nov.30, Nike’s wholesale revenue was up 19% for the quarter after it’d been effectively flat over the previous several quarters.
- We’ve been starving the wholesale channel for six to eight quarters because of supply constraints and so as we had supply constraints, we were prioritizing adequate inventory levels within NIKE Direct and so we’re seeing strong demand as we go back into our wholesale partners with available supply,” Matthew Friend, Nike’s chief financial officer, explained to investors during an earnings call in December.
In January, when asked about Nike’s direct to consumer plans during an interview with CNBC, Donahoe spoke about the importance of an omnichannel model. “Our strategic wholesale partners, partners like Dick’s Sporting Goods or Foot Locker or JD, are very, very important because consumers want to be able to try on products, they want to be able to touch and feel,” Donahoe said.
“And so we’ve invested in strengthening those strategic relationships.” While Nike was glad to get rid of that extra inventory during its last quarter, Foot Locker is now dealing with its own glut of shoes and apparel it’s struggling to get off the shelves. At the end of its fiscal fourth-quarter, inventories stood at $1.6 billion, about 30% higher than the year ago period, although down slightly from the fiscal third quarter.
As part of its new strategy under Dillon, Foot Locker is revisiting its store footprint in a bid to drive revenue and acquire new customers. While it plans to close about 400 underperforming mall stores in North America, it plans to bolster its new format stores from about 120 to more than 400 by 2026.
Who owns Foot Locker and Champs?
Champs Sports is an American sports retail store, it operates as a subsidiary of Foot Locker.
Who is the parent company of Campus footwear?
Campus Activewear Limited It’s nice of you to take the time to get to know us better. Here are some things about us that you may like to know. CAMPUS SHOES belongs to the Action group, which is one of the India’s leading business conglomerates based in Delhi.
- Campus is one of the largest footwear manufacturers in India since its humble beginning in 1983.
- Campus is a well-known Brand in footwear sector and has almost 25 sub-brands.
- It is synonymous with quality footwear for the whole family ranging from casuals to formals; from daily wear to sportswear and from an elegant collection for ladies to a fun range for kids.
Hardly surprising, Campus has carved a special niche in the Indian footwear market and in the hearts of millions of its consumers throughout the country. It is a ” Complete Family Footwear Brand “. Basic Information
|Nature of Business||Manufacturer|
|Year of Establishment||1983|
|Legal Status of Firm||Limited Company (Ltd./Pvt.Ltd.)|
|Annual Turnover||Rs.100 – 500 Crore|
Campus Activewear Limited
Who owns the Venator group?
What Does The Institutional Ownership Tell Us About Venator Materials? – Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
- We can see that Venator Materials does have institutional investors; and they hold a good portion of the company’s stock.
- This implies the analysts working for those institutions have looked at the stock and they like it.
- But just like anyone else, they could be wrong.
- When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’.
When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Venator Materials’ historic earnings and revenue below, but keep in mind there’s always more to the story.
Earnings-and-revenue-growth Venator Materials is not owned by hedge funds. The company’s largest shareholder is SK Capital Partners, with ownership of 39%. For context, the second largest shareholder holds about 9.0% of the shares outstanding, followed by an ownership of 7.9% by the third-largest shareholder.
A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 56% stake. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance.