Fashion Business Daily

Sneaker Turnarounds and Shein’s Valuation Reset

Wednesday, August 26, 2026 · 8 min

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Dick’s Sporting Goods cut Foot Locker’s annual comp outlook as sneaker demand stays promotional, while Shein’s IPO math and eComID’s funding show investors repricing both fast-fashion risk and fashion-tech execution.

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Dick’s Sporting Goods cut Foot Locker’s annual comp outlook as sneaker demand stays promotional, while Shein’s IPO math and eComID’s funding show investors repricing both fast-fashion risk and fashion-tech execution.

In this episode

  1. Dick's Sporting Goods is 'still early in the Foot Locker turnaround' — Modern Retail

    Dick's Sporting Goods is 'still early in the Foot Locker turnaround' ### Sections ### Explore ### Topics - The Amazon Effect - New DTC toolkit - Store of the Future - All Topics ### Connect ### Digiday Media ### Events ### Awards Foot Locker Dick’s Sporting Goods says it remains bullish on its Foot Locker business, even as it lowered its yearly guidance for the segment, citing…

  2. Step Back — If Shein’s valuation has fallen to roughly $27 billion, what is the market actually repricing: the durability of its ultra-fast, low-cost model, the risks around regulation and supply chains, or the weaker appetite for high-growth fashion companies—and what would investors need to see to reverse that discount?

    Background sources

  3. eComID raises $17 million as startup expands internationally, rolls out AI ... — Retail Technology Innovation Hub

    eComID raises $17 million as startup expands internationally, rolls out AI powered Shopping Passport — Retail Technology Innovation Hub # eComID raises $17 million as it expands internationally and rolls out AI powered Shopping Passport 26 Aug Swedish startup eComID has announced a $17 million seed round led by Systemiq Capital, with participation from Regeneration.VC, Course Corrected,…

  4. Wellness Briefing: ELC-owned NIOD enters Sephora with wellness positioning and cold plunge activation, plus news — Glossy

    NIOD, the 11-year-old skin-care brand from Estée Lauder-owned Deciem, is leveraging its wellness positioning as it enters retail for the first time through a partnership with Sephora. On Monday, the brand hosted a consumer launch activation at Los Angeles Caruso property The Grove that included cold plunges, mini cryotherapy facials, skin assessments, smoothies and sampling, all hosted by…