Foot Locker, Inc. Announces Back-to-School Partnership With Reebok
09 Agosto 2004 - 4:30PM
PR Newswire (US)
Foot Locker, Inc. Announces Back-to-School Partnership With Reebok
NEW YORK, Aug. 9 /PRNewswire-FirstCall/ -- Foot Locker, Inc., the
New York-based athletic specialty retailer, today announced its
back-to-school program line-up with Reebok. Classics are a driving
force this back-to-school season with the launch of the Reebok
Classic Clyp Groove, a Foot Locker, Inc. exclusive. It was
introduced at Foot Locker and Champs Sports in black/silver in
June, for $64.99, with several additional colorways hitting stores
throughout the back- to-school season. "The classics category
remains very popular with our customers," said Rick Mina, President
and Chief Executive Officer, Foot Locker, Inc. - U.S.A. "Our strong
partnership with Reebok allows us to differentiate each of our
retail brands by offering an exclusive style that is relevant to
each core customer through our targeted marketing programs." The
Classic Clyp Groove's debut at Foot Locker is supported by a
television ad, created by The Arnell Group, that features an
integrated lift from rap artist Twista's music video for So Sexy.
Another ad, created by AKA Advertising, promotes the shoe for
Champs Sports. This humorous spot, starring Philadelphia Eagles
Quarterback Donovan McNabb, showcases Champs Sports' heritage as an
authentic sports brand, while highlighting this fashion-based
product. The classics theme continues in Lady Foot Locker stores
with the women's Reebok Classic Clyp Groove, with pops in the
season's brightest colors, red and pink. These newest editions are
supported with a television spot, created by AKA Advertising. In
this product-driven ad, the girls literally paint the town red and
pink as they walk through the street and everything they touch
suddenly changes to match the colors of their new Reebok Classics.
Fun is the focus in Kids Foot Locker with the Reebok Classic
Lights, shoes that feature a special sole with lights that blink as
the child walks and runs. The playful shoes come in black, pink and
white in infant through grade-school sizes, prices ranging from $40
to $50. The Lites are supported with a television ad by AKA, where
children playing at dusk try to catch fireflies that are attracted
to the lights on the shoes. This spot illustrates the fun features
of the product in an entertaining way that is relevant to kids'
lives. Also available only at Foot Locker, Inc. stores this
back-to-school season is the Reebok GXT, rapper 50 Cent's shoe.
Priced at $90.50, the shoe hit stores July 2 in white/red, and
August 6 in black/white. Supporting the GXT launch is a television
ad (also by Arnell Group) that gives viewers a peak into 50 Cent's
workout as he sweats through a serious training regimen in his
G-Unit gear. All of the Reebok-partnered spots run from late-July
through mid-August on targeted cable networks such as MTV, BET,
ESPN, VH1, and Comedy Central. The Kids Foot Locker spot runs on
Nickelodeon, Cartoon Network and Fox Box. Foot Locker, Inc. is an
athletic specialty retailer that operates approximately 3,900
athletic retail stores in 17 countries in North America, Europe and
Australia. Through its Foot Locker, Footaction, Lady Foot Locker,
Kids Foot Locker and Champs Sports retail stores, as well as its
direct-to- customer channel Footlocker.com/Eastbay, the Company is
the leading provider of athletic footwear and apparel. Disclosure
Regarding Forward-Looking Statements This press release contains
forward-looking statements, which reflect management's current
views of future events and financial performance. These
forward-looking statements are based on many assumptions and
factors detailed in the Company's filings with the Securities and
Exchange Commission, including the effects of currency
fluctuations, customer demand, fashion trends, competitive market
forces, uncertainties related to the effect of competitive products
and pricing, customer acceptance of the Company's merchandise mix
and retail locations, the Company's reliance on a few key vendors
for a majority of its merchandise purchases (including a
significant portion from one key vendor), unseasonable weather,
risks associated with foreign global sourcing, including political
instability, changes in import regulations, disruptions to
transportation services and distribution, and the presence of
severe acute respiratory syndrome, economic conditions worldwide,
any changes in business, political and economic conditions due to
the threat of future terrorist activities in the United States or
in other parts of the world and related U.S. military action
overseas, the ability of the Company to execute its business plans
effectively with regard to each of its business units, including
its plans for the marquee and launch footwear component of its
business, and its plans for the integration of the Footaction
stores. Any changes in such assumptions or factors could produce
significantly different results. The Company undertakes no
obligation to update forward-looking statements, whether as a
result of new information, future events, or otherwise. DATASOURCE:
Foot Locker, Inc. CONTACT: Peter D. Brown, Vice President,
Treasurer and Investor Relations, Foot Locker, Inc.,
+1-212-720-4254 Web site: http://www.footlocker-inc.com/ Company
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