NEWS RELEASE
CONTACT:
Peter D. Brown
Vice
President, Treasurer
and Investor Relations
Foot
Locker
(212)
720-4254
NEW
YORK, September 13, 2004 -- Foot Locker, Inc., (NYSE: FL) the New York-based
athletic specialty retailer, today announced its partnership with Everlast as
the official retailer for the upcoming NBC series, “The Contender,” a new
unscripted drama created by Mark Burnett Productions and DreamWorks.
As
part of the agreement, a special collection of Everlast apparel and equipment
featured on the show will be sold exclusively at select Foot Locker
stores. A “Contender” hangtag will mark
the assortment of active wear, T-shirts, hats and shoes.
“This
marketing opportunity is another example of our long and valued partnership
with Everlast, boxing’s most famous athletic brand,” said Rick Mina, president
and chief executive officer, Foot Locker, Inc., U.S.A. “We’re excited to work
with Everlast, Mark Burnett and DreamWorks to create and market this unique
apparel and equipment collection for the series.”
During
the series, the boxing hopefuls will be outfitted in several apparel
collections set to debut in Foot Locker stores in October. Predominantly featured on the show will be
the Everlast logo collection, consisting primarily of black/gray thermals,
hoodies, long- and short-sleeved T-shirts, baseball caps and winter knit hats.
In
addition to the logo collection, Foot Locker will also carry the
fashion-focused Everlast Heritage collection, influenced by past champions like
Jack Dempsey and Joe Louis. The
apparel, featuring the names and likenesses of Dempsey and Louis, include tees,
fleece, and the unique cornerman jacket.
Hitting
stores in time for holiday is an extension of the Heritage collection
showcasing champion boxers Sugar Ray Leonard and Rocky Marciano.
As
official retailer of the show, Foot Locker will receive on-air credits, as well
as brand placement throughout the episodes.
Foot Locker will promote the show and the Everlast collections in
participating stores through point-of-sale signage and promos that will run on
its in-store video monitors.
- MORE -
Foot Locker, Inc. is an athletic specialty retailer that operates
approximately 4,000 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.
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.
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