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Foot Locker’s DTC Business Jumps to 33% of Total Sales

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Foot Locker had a second quarter in line with its previous update given earlier this month, with comparable store sales rising 18.6 percent and total net income reaching $45 million, or 43 cents per share. The comparable sales increase matched the expected 18 percent, while the 43 cents per share outpaced initial guidance of 38…

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