Converse taps former Foot Locker executive Kristin Bauer as COO. * Business * September 18, 2026 Converse has appointed Kristin Bauer as Chief Operating Officer, bringing the former Foot Locker Chief Supply Chain Officer to the Nike-owned brand as it works to reverse a steep revenue decline. Bauer is scheduled to begin September 14, according to a Nike spokesperson cited by WWD. Bauer spent nearly three years as Foot Locker's Chief Supply Chain Officer before leaving the retailer in April. Earlier in her career, she held supply chain and logistics roles at TJX and Ulta Beauty. Become a subscriber. Please purchase a subscription to continue reading this article... Bloomberg first reported the appointment, citing an internal memo signed by Converse CEO Aaron Cain. Nike subsequently confirmed the appointment to WWD. Bauer will report to Nike Chief Operating Officer Venky Alagirisamy. Bauer joins as Converse faces continued pressure within Nike's portfolio. The brand reported $1.2 billion in revenue for its most recent full year, down 31% on a reported basis and 32% on a currency-neutral basis, according to WWD. Her appointment was Nike's second major executive move that week. The company also named Walmart veteran Jane Ewing Executive Vice President and Chief Commercial Officer, effective September 7.

Nobull taps Foot Locker veteran Frank Bracken as company president. September 15, 2026 Nobull, the cross-training footwear brand owned by beverage entrepreneur Mike Repole and NFL Great Tom Brady, has taken another step in building out its Executive Leadership Team with the appointment of former Foot Locker executive Frank Bracken. "A seasoned global consumer and retail executive with more than 25 years of experience, he will help lead our brand into its next chapter and prepare the business for sustained growth," Nobull said in a statement on LinkedIn. Bracken joins Nobull following a 15-year career at Foot Locker, Inc., most recently serving as president where he was responsible for leadership across global retail, merchandising, marketing, digital, loyalty, and real estate operations. He was promoted to president in March 2025 and served in that capacity until the company's acquisition by Dick's Sporting Goods, Inc. Prior, Nobull said his leadership experience included chief commercial officer, chief operating officer, CEO of North America, and General Manager of Foot Locker U.S., Canada, and Kids Foot Locker. Prior experience includes brand marketing stints at The Coca-Cola Company and MillerCoors, and earlier work at PwC as a consultant. Nobull said Bracken brings "a unique combination of brand, consumer, retail, and operational experience." "Together with the additions of Joe Martin as chief commercial officer and Allison Giorgio as chief marketing officer this year, Frank's extensive experience and expertise will continue to strengthen our leadership team and position the business for its next phase of growth," Nobull said. Last month, the company closed on an investment round at a $1 billion valuation. Dynasty Financial's acquisition of an approximately 3 percent stake in Nobull represented a co-investment via an SPV (special purpose vehicle) alongside Driven Capital, Repole's family office. Nobull was founded in 2015 by former Reebok executives Marcus Wilson and Michael Schaeffer and acquired in 2020 by Repole, the co-founder of beverage giants Vitaminwater (Glaceau) and BodyArmor. In 2024, Nobull merged into Brady's TB12 nutrition brand, making Brady Nobull's second-largest shareholder after Repole. Image courtesy Nobull

DKS shareholder alert: November 3, 2026 lead plaintiff deadline in DICK'S SPORTING GOODS, INC. Securities Class Action - contact SueWallSt. Sep 10, 2026, 10:10 ET A securities class action traces a twelve-month sequence of DICK'S Sporting Goods statements about the Foot Locker integration, from the September 2025 deal close to the August 2026 guidance cut that preceded a $55.02 per-share decline. NEW YORK, Sept. 10, 2026 /PRNewswire/ - SueWallSt notifies investors in DICK'S Sporting Goods, Inc. (NYSE: DKS) that a class action has been filed on behalf of shareholders who purchased securities between September 8, 2025 and August 24, 2026. See if you could be eligible to recover. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt. DKS shares closed at $124.31 on August 25, 2026, after falling $55.02 per share, approximately 30%, in a single session. Investors have until November 3, 2026 to seek lead plaintiff status. Chronology of Material Events Between the closing of the $2.5 billion Foot Locker transaction and the second-quarter 2026 earnings release, the filing states, defendants delivered a sequence of confident representations about the acquired chain's inventory position and margin trajectory. Timeline of Alleged Disclosure Failures * September 8, 2025: The Company announced completion of the $2.5 billion Foot Locker acquisition and stated it was "now positioned to become a global leader in the sports retail industry at the intersection of sport and culture." * November 25, 2025: On the third-quarter call, management described its first priority as clearing unproductive inventory and rightsizing underperforming stores, targeting an inflection point by back-to-school 2026. * April 8, 2026: At a retail investor forum, management told analysts to expect margin rate expansion at Foot Locker as part of returning that business to profitability. * May 27, 2026: Asked about promotional conditions on the first-quarter 2026 call, management said there was "nothing on the horizon that we're particularly concerned about." * August 25, 2026: Second-quarter results showed Foot Locker revenue of $1.73 billion against estimates of $1.81 billion and adjusted EPS of $3.53 against estimates of $3.76. Full-year consolidated net sales guidance was cut to $21.9 billion to $22.2 billion from $22.1 billion to $22.4 billion, and Foot Locker proforma comparable sales guidance was cut to negative 2.0% to 0.0% from prior growth of 1.5% to 3%. The Ninety-Day Reversal Roughly ninety days separated the May reassurance from the August guidance reduction, as set forth in the complaint. The Company reported that marketplace conditions had become "increasingly promotional" and that the impact was more significant at Foot Locker because of its greater exposure to legacy footwear silhouettes. Baird described the guidance reduction as a surprise given management's "bullish tone relatively recently." "Timely disclosure of material developments is fundamental to fair and efficient markets. The compressed interval between the Company's reassurances in May 2026 and its guidance reduction in August raises questions for investors." - Joseph E. Levi, Esq. WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Frequently Asked Questions About the DKS Lawsuit Q: What specific misstatements does the DKS lawsuit allege? A: The complaint alleges DICK'S Sporting Goods, Inc. made materially false or misleading statements regarding the Foot Locker acquisition, including assurances that Foot Locker's inventory and promotional challenges had been resolved when the business allegedly remained dependent on stagnant legacy footwear, during the Class Period. When the Company reported second-quarter 2026 results showing Foot Locker revenue of $1.73 billion and cut full-year guidance, the stock price declined sharply. Q: When did DICK'S Sporting Goods, Inc. allegedly mislead investors? A: The Class Period runs from September 8, 2025 to August 24, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline. Q: What court was the DKS class action filed in? A: The case was filed in the United States District Court for the Western District of Pennsylvania, governed by the Private Securities Litigation Reform Act of 1995. Q: What do DKS investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member. Q: What documents do I need to to submit my information? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices. Q: What if I already sold my DKS shares - can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion. Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further. Attorney Advertising. Prior results do not guarantee similar outcomes. SOURCE SueWallSt.com