Latest Retail News & Analysis – Page 163

  • News briefs

    Adidas has launched a counterfeiting suit against Asics America, charging...

    2017-03-31T00:00:00Z

    Adidas has launched a counterfeiting suit against Asics America, charging that the Japanese brand copied some elements of its fitness app. Filed in a Delaware court, the suit charges that Asics' Fitnesskeeper and Runkeeper apps, which it bought last year, breache ten patents registered by Adidas. Three years ago, Adidas ...

  • News briefs

    Adidas has launched its first branded fitness app. All Day,...

    2017-03-31T00:00:00Z

    Adidas has launched its first branded fitness app. All Day, available for iOS and Android, is meant to help users stay fit and healthy through tutorials covering a wide range of contents, from yoga moves to healthy recipes. The app also allows to track health-related aspects such as movement, nutrition ...

  • Short stops

    Craft Sportswear has agreed through its Dutch distributor a partnership...

    2017-03-31T00:00:00Z

    Craft Sportswear has agreed through its Dutch distributor a partnership to outfit the football players of PEC Zwolle, a team in the top Dutch football league, for three seasons starting from the next season

  • Article

    Bullish new CEO upgrades Adidas targets

    2017-03-14T00:00:00Z

    About two years after the launch of Creating the New, the Adidas Group has raised targets for its five-year expansion plan, to reach sales of between €25 billion and €27 billion by 2020, with an operating margin of 11 percent for the Adidas and Reebok brands.The upgraded targets were outlined ...

  • Article

    Adidas gathers growing sales and profit

    2017-03-14T00:00:00Z

    Ending the year with another buoyant quarter, the Adidas Group has continued its growth spurt with a sales rise of 14.0 percent to €19,291 billion, up by 18 percent in constant currencies, and with improved profit margins.Kasper Rorsted, the group's new chief executive, attributed much of the performance to Creating ...

  • Article

    Zalando buys a basketball-oriented store chain

    2017-03-14T00:00:00Z

    Zalando has announced the acquisition of Kickz, a German chain of streetwear and sneaker shops, for an undisclosed amount. The big European e-tailer said the acquisition is to further strengthen its position in the sports and lifestyle segment, especially in the basketball category. It will also allow Zalando to address ...

  • Article

    Zalando reaches an Ebit margin of 5.9%

    2017-03-14T00:00:00Z

    Zalando has reported an increase in net income of 121.5 percent to €60.0 million for the past year. Operating earnings (Ebit) grew by 131 percent to €207 million. Excluding extraordinary items, they rose by 101 percent to €216.3 million, resulting in an adjusted Ebit margin of 5.9 percent for the ...

  • News briefs

    Snow Factory will distribute the Sport, Swimwear and Snow apparel...

    2017-03-14T00:00:00Z

    Snow Factory will distribute the Sport, Swimwear and Snow apparel lines of Superdry in the sports retail channels of the Iberian Peninsula. The project will be led by Fernando Rivero, a 41-year-old veteran of Nike who has also worked in several roles for the sports apparel line of Desigual. Snow ...

  • News briefs

    Hej International, owner of the Kozi Kidz brand of children's...

    2017-03-14T00:00:00Z

    Hej International, owner of the Kozi Kidz brand of children's rainwear and distributor of the Wigwam brand in the U.K. aims to set up a logistic warehouse in Rotterdam next year for sales on the European continent. In the next three months, Hej International will start to sell the Wigwam ...

  • News briefs

    New Era has announced an exclusive partnership with Jabong, India's...

    2017-03-14T00:00:00Z

    New Era has announced an exclusive partnership with Jabong, India's multibrand fashion e-store. Through this new partnership, New Era is launching its products in India for the first time. Prior to New Era, Jabong has already introduced various international sports brands into India such as Asics, Hummel and DC, among ...

  • News briefs

    Mammut Sports Group has opened an office with eight employees...

    2017-03-14T00:00:00Z

    Mammut Sports Group has opened an office with eight employees in Hong Kong to support its business in Asian countries and to develop more regional product and marketing strategies. The move was outlined at Ispo Munich by Oliver Pabst, who took over from Rolf Schmid as Mammut's chief executive in ...

  • Short stops

    Under Armour is launching its brand in India via Amazon's...

    2017-03-14T00:00:00Z

    Under Armour is launching its brand in India via Amazon's brand store

  • Short stops

    L'Alpina has reintroduced its Australian brand in the U.K. through...

    2017-03-14T00:00:00Z

    L'Alpina has reintroduced its Australian brand in the U.K. through PlayBrave, adding its Red Court knitwear sub-label

  • News briefs

    We understand that Blue Tomato, the Austrian-based online and offline...

    2017-03-14T00:00:00Z

    We understand that Blue Tomato, the Austrian-based online and offline action sports retailer that has been spreading into Germany, as looking at a potential entry into two other European countries. Meanwhile, its American parent company, Zumiez, intends to open four more physical Blue Tomato stores in Europe this year, along ...

  • News briefs

    MySale Group, an international flash sale business in which Sports...

    2017-03-14T00:00:00Z

    MySale Group, an international flash sale business in which Sports Direct International (SDI) holds a minority stake, said that its strategic partnership with the British retailer and wholesaler has become operational. As previously announced, the partnership gives MySale access to more than 150,000 SKUs of Sports Direct's inventory. Due to ...

  • News briefs

    Salomon has opened a new brand store of 250 square...

    2017-03-14T00:00:00Z

    Salomon has opened a new brand store of 250 square meters in the French winter resort of Chamonix, based on a new design developed by Retail 3d. It has already been applied to a Salomon store in Whistler, Canada, one in Serravalle, Italy, and two others in Shanghai. The same ...

  • Short stops

    K-Way will open its first U.K. store in London's Covent...

    2017-03-14T00:00:00Z

    K-Way will open its first U.K. store in London's Covent Garden area in May

  • Short stops

    Decathlon has just opened its 150th Spanish store in San...

    2017-03-14T00:00:00Z

    Decathlon has just opened its 150th Spanish store in San Sebastián, but 32 of its stores in the country are based on the smaller “Decathlon City” format

  • News briefs

    Nike and Adidas have both hit headlines in the last...

    2017-03-14T00:00:00Z

    Nike and Adidas have both hit headlines in the last weeks with efforts to make shoes that help athletes to run a marathon in less than two hours. Adidas has been working on it with the Sub 2 program, leading to the launch of the Adizero Sub2 shoes used by ...

  • News briefs

    Adidas has decided to put an end to its long-standing...

    2017-03-14T00:00:00Z

    Adidas has decided to put an end to its long-standing relationship with Olympique de Marseille, an emblematic French football club. This comes after the club was sold last year by the widow of Robert Louis-Dreyfus, the former shareholder and chief executive of Adidas, to an American businessman, Frank McCourt. The ...