Latest Retail News & Analysis – Page 117
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News briefs
Adidas has reached a negotiated settlement with Rick Pitino, the...
Adidas has reached a negotiated settlement with Rick Pitino, the former coach of Louisville University’s basketball team who was fired in 2017 over a bribery scandal, ESPN has reported. Pitino claimed to have no knowledge of a deal under which James Gatto, a former sports marketing executive of Adidas, and ...
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Adidas has launched new laceless footwear for tennis players. The...
Adidas has launched new laceless footwear for tennis players. The new Stycon shoe, whose silhouette does not look like the typical tennis sneaker, is said to offer optimized comfort for wearers thanks to improved fit and control. The shoe has no shoelaces and a knit collar, designed to naturally expand ...
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Adidas has launched a range in collaboration with Pokémon Company...
Adidas has launched a range in collaboration with Pokémon Company for the new year, according to Hypebeast. The range comprises tracksuits, T-shirts, shorts and footwear for youth and adults, marked with graphics inspired by the visuals of the early Pokémon video games. Patterns of pixels are used to create colors, ...
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Short stops
Adidas Golf has signed up Daniel Berger to a multi-year...
Adidas Golf has signed up Daniel Berger to a multi-year contract for apparel, footwear, headwear and other accessories
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ArticleXXL issues another profit warning
XXL issued a profit warning last week, citing particularly weak trading conditions in December and at Christmas. It said poor winter conditions in the big cities where it operates, combined with large price cuts from competitors, contributed to a sales drop of 12 percent on a comparable basis in the ...
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ArticleDecathlon relies on Alibaba for online sales in Russia
Decathlon has begun to sell its products online in the country through the Tmall marketplace of AliExpress Russia, instead of using its own internet platform as in other countries.
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News briefs
The Adidas Group announced the completion of the second tranche...
The Adidas Group announced the completion of the second tranche of a €3.0 billion share buyback program initiated in March 2018 and running through May 2021. It has purchased sofar €1.8 billion worth of its own stock and plans to buy up to €1.0 billion in 2020. In the second ...
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News briefs
Without confirming a report that the Adidas Group is phasing...
Without confirming a report that the Adidas Group is phasing out 500 jobs in Europe, a spokesman said that it is adapting its organizational structures and processes to become more efficient, looking also for new talent for its digital business. All in all, he indicated, the European staff will remain ...
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Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel...
Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel and accessories. The acquirer is Play Hard, a recent subsidiary of Crealize, described as a German “company creator” that “develops new business models and companies.” Zalando purchased Kickz as recently as 2017, intending to expand its position in streetwear, gaining ...
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Adidas has reportedly promoted Jon Wexler, the current vice-president of...
Adidas has reportedly promoted Jon Wexler, the current vice-president of global entertainment and influencer marketing, to general manager of the Yeezy business unit. For the last 13 years, Wexler has helped Adidas set up some of the brand's biggest collaborations with major music stars, including Kanye West and Pharrell Willliams.
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News briefs
Pretty Green has entrusted the distribution of its brands in...
Pretty Green has entrusted the distribution of its brands in Europe to Tree Distribution of Stuttgart, after a long partnership. The German company will take are of Pretty Green's brands – Nikita, Bonfire and Sessions – starting with the sell-in for the autumn/winter 2020/21 season.
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News briefs
Descente opened a new showroom at the MTC World of...
Descente opened a new showroom at the MTC World of Fashion in Munich, Germany. The Japanese brand, outfitter of the Canadian and Swiss Ski World Cup teams, returned to the German marketplace for the first time in years at Ispo Munich 2019. The country manager is Lothar Heinisch, who previously ...
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News briefs
Amplifi, the German brand for snow, bike and outdoor protectors...
Amplifi, the German brand for snow, bike and outdoor protectors and accessories based in Oberstdorf, has brought in a new sales team for Austria, Germany and Benelux, starting with products for autumn/winter 2020/21. Amplifi's move is said to be meant to ensure the best possible service for customers, both B2B ...
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Seasport is the new importer of Vision surfboards in Norway...
Seasport is the new importer of Vision surfboards in Norway
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News briefs
JD Sports is working on the opening a flagship store...
JD Sports is working on the opening a flagship store in Paris. Located on the central rue de Rivoli, occupying nearly 2,000 square meters on the premises of a former H&M store. The current work on the site is said to be schedule for completion by next May. France is ...
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News briefs
On Running is said to be planning to open its...
On Running is said to be planning to open its first store worldwide in New York sometime next year. Servicing more than 6,000 points of sale in over 50 countries, the fast-growing, nine-year-old Swiss brand of running shoes already has subsidiaries in the U.S., Japan, Australia and Brazil.
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News briefs
Canada Goose has also opened its first store in Paris,...
Canada Goose has also opened its first store in Paris, located at a prestigious location on rue Saint-Honoré, on the corner of rue Royale. Featuring art that depicts the cold landscapes of Canada, it is the first one that has a separate room for its children's collection. Like other Canada ...
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News briefs
In a counterpoint to XXL Sport, the Norwegian sports retailer...
In a counterpoint to XXL Sport, the Norwegian sports retailer that is operating in Denmark only through a web store, Magasin du Nord, the Danish department store, is reaching out to Swedish customers with a new online store that opened earlier this month. Magasin once had a Swedish branch ...
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News briefs
Vans has opened a store at 214 Oxford Street in...
Vans has opened a store at 214 Oxford Street in London, its largest European store. The 4,714-square-foot flagship store, in a space previously occupied by Miss Selfridges, offers a wide selection of footwear, clothing and accessories for men, women and kids, as well as Vans' surf and pro-skate ranges. The ...
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News briefs
Snowleader, the French online retailer for ski and outdoor products,...
Snowleader, the French online retailer for ski and outdoor products, is expanding into the Italian market, with a dedicated web store in the Italian language offering more than 18,000 products, including local brands like Montura. It's the eighth market for the Annecy-based company, after France, the U.K., Belgium, Switzerland, Germany, ...
