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“Foot Locker is latest retailer to cut ties with Kanye West” Foot Locker yanked Kanye West’s Yeezy sneakers off its shelves Tuesday, hours after Adidas cut ties with the embattled rapper. West, who changed his name to Ye last year, has come under fire for spewing antisemitic comments. “Foot Locker, Inc. does not tolerate any…
“#Nike sends Foot Locker stock plummeting” Shares of Foot Locker fell by as much as 35% during trading on Wall Street on Friday as the company said it expects profits to take a hit thanks to Nike’s new strategy of selling direct to consumers. The apparel store released its earnings report on Friday, predicting that…