FOOT LOCKER, INC. APPOINTS SAMANTHA LOMOW AS PRESIDENT, GLOBAL BRANDS
Foot Locker, Inc. appointed Samantha Lomow as President, Global Brands, effective March 18, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Foot Locker, Inc. appointed Samantha Lomow as President, Global Brands, effective March 18, 2022. With over 25 years of experience, including her role at Hasbro, she will oversee the company's global brand portfolio across North America, EMEA, and APAC. Lomow aims to enhance Foot Locker's consumer-led strategies and omni-channel value proposition. Her appointment reflects a commitment to innovation and the empowerment of youth culture. The company, headquartered in New York, operates approximately 2,900 retail stores worldwide.
Positive
- Samantha Lomow's extensive experience in brand innovation and strategy is expected to drive sustainable growth.
- Her leadership role aims to enhance Foot Locker's consumer-led strategies and omni-channel value proposition.
Negative
- None.
Details
News Market Reaction – FL
The recorded move for FL in the trading session of this news was -4.11%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, March 21, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced the appointment of Samantha Lomow as President, Global Brands, effective March 18, 2022. Lomow joins Foot Locker, Inc. from Hasbro, Inc., where she served as President, Branded Entertainment, bringing over 25 years of global brand innovation, strategy, and business transformation experience across consumer products, entertainment, and licensing.
Lomow will report directly to Frank Bracken, Executive Vice President and Chief Operating Officer, and will oversee Foot Locker, Inc.'s global brand portfolio and operating divisions across North America, EMEA, and APAC. She will work closely as part of the executive team to advance Foot Locker, Inc.'s long-term strategies to position the Company for continued innovation, growth, and profitability.
"We are pleased to welcome Samantha as Foot Locker, Inc.'s first President, Global Brands," said Frank Bracken. "Samantha has a track record of successfully driving insight-led business strategy, operational excellence, and transformational priorities and initiatives to deliver sustainable growth. As we look towards the future and our purpose to inspire and empower youth culture, Samantha's fresh perspective and experience will further accelerate our consumer-led strategies and the development of our omni-channel value proposition. She's a tremendous addition to our dynamic and diverse leadership team – with keen insight and a growth mindset that complements our already high-performing operation."
Lomow said, "I am thrilled to join the Foot Locker team to lead their robust global retail portfolio. I look forward to working closely with Frank and the rest of the leadership team to help shape the Company's future in its next stage of growth. Together, we are committed to leading a bold agenda across our Company's brand portfolio with innovative products and immersive experiences for consumers."
Lomow brings over 25 years of leadership experience, most recently serving as President, Branded Entertainment at Hasbro, Inc., and previously serving as President Entertainment Brands and Senior Vice President, Hasbro Brands. Lomow sits on the Board of Managers of Claire's Holdings LLC, serving as Chair of the Nomination, Governance and ESG Committee and as a member of the Audit Committee. Lomow holds a bachelor's degree from the University of Toronto and holds certificates in Financial Management from Cornell, Foundations in FinTech from NYU Stern, and Sustainable Capitalism and ESG from Berkeley Law.
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep. With approximately 2,900 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the company's 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. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit https://www.footlocker-inc.com.
Investor Contact:
Robert Higginbotham
Vice President, Investor Relations
Foot Locker, Inc.
robert.higginbotham@footlocker.com
(212) 720-4600
Media Contact:
Cara Tocci
Vice President, Corporate Communications
Foot Locker, Inc.
cara.tocci@footlocker.com
(914) 582-0304
View original content:https://www.prnewswire.com/news-releases/foot-locker-inc-appoints-samantha-lomow-as-president-global-brands-301506583.html
SOURCE Foot Locker IR
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.