Latest Retail News & Analysis – Page 170
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News briefs
Skechers USA has entered into a new joint venture agreement...
Skechers USA has entered into a new joint venture agreement for Israel with MGS Sport Trading, its current distributor for the region. The joint venture is called Skechers Footwear. Adi Moliov, the previous brand manager of MGS Sport Trading, has been named general manager of Skechers Footwear. MGS Sport Trading ...
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News briefs
Casall, the Swedish fitness brand, is returning to the Dutch...
Casall, the Swedish fitness brand, is returning to the Dutch and Belgian markets through a distribution agreement that started earlier this year with the Flow Sports Group. This Dutch-based company sells its own equipment brand as well as Casall and Gaiam products. The Dutch customers include Topshelf, the chain of ...
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News briefs
Isbjörn of Sweden has established a new company in Norway,...
Isbjörn of Sweden has established a new company in Norway, which is the company's second largest market. The current agent in Norway, Sport Agile, will continue to be responsible for the distribution of the brand's products until March 1, 2017. The brand is owned by Nordic Kids Wear. It offers ...
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News briefs
Major League Baseball has opened its first stand-alone space in...
Major League Baseball has opened its first stand-alone space in Europe as a pop-up store in the Covent Garden district of London. It will stay open until the end of this year. Reportedly, MLB was going to hold a professional game in London before the end of 2017, but the ...
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News briefs
The first flagship store of Bergans of Norway recently opened...
The first flagship store of Bergans of Norway recently opened its doors, covering 800 square meters on two floors at a strategically location near Oslo's City Hall. It displays the entire product range of the Norwegian company - both hardware and softgoods. The store is meant to portray Bergans as ...
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Short stops
Adidas has added eight more basketball rookies to the growing...
Adidas has added eight more basketball rookies to the growing roster of athletes sponsored in the U.S.
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News briefs
An Adidas veteran, Timo Pape, has joined Odlo International in...
An Adidas veteran, Timo Pape, has joined Odlo International in the new position of brand director, responsible for category management, design and marketing. He had been assisting Odlo in these areas and in communication since last year. After working for seven years at Adidas in Portland and Herzogenaurach, and two ...
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News briefs
Founded in 1983 in Colorado, Bula is one of the...
Founded in 1983 in Colorado, Bula is one of the largest brands of sports hats and beanies in North America and is also big in Europe. In the Nordic countries, it has been working through the Norwegian-based Active Brands group as a distributor since 1989. Now, Active Brands has bought ...
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News briefs
Hickies, the clever American shoe lacing system, has been ordered...
Hickies, the clever American shoe lacing system, has been ordered by retailers operating 400 Intersport stores in Germany, accounting for about 16-17 percent of all Intersport stores in Germany, as well as by members of Intersport Austria. From autumn 2016, Hickies will also be sold by Intersport in England and ...
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News briefs
Joma has converted its store in the Xanadù shopping center...
Joma has converted its store in the Xanadù shopping center of Madrid to its main brand store, after a major renovation. The brand has 14 stores all over Spain. They will grow to 15 by the end of this year.
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News briefs
El Corte Inglés, a group that is one of the...
El Corte Inglés, a group that is one of the major retailers for sporting goods in Spain through its department stores, has reported a 34 percent increase in net profits to €158 million for the financial year ended last Feb. 29. Revenues went up by 4.3 percent to €15.2 billion. ...
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News briefs
China Dongxiang says that a clearer positioning and an improved...
China Dongxiang says that a clearer positioning and an improved product mix for its online sales channel have helped to raise its sales by 8.9 percent to 650 million yuan renminbi (€86.4m-$97.3m) for the first half of this year. The Chinese sportswear group, which owns Phenix and rights to the ...
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News briefs
Björn Borg posted a 23 percent sales increase in the...
Björn Borg posted a 23 percent sales increase in the second quarter, with sales reaching 122.2 million Swedish kronor (€12.9m-$14.4m). The Swedish fashion and sportswear brand said it strengthened its position in sports and sports apparel, especially in its male target market, during the quarter. Operating profit for the period ...
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Short stops
Under Armour sees outlet stores as a major priority for...
Under Armour sees outlet stores as a major priority for its development in Europe
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Short stops
Moncler has opened its second store in Macau
Moncler has opened its second store in Macau
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News briefs
Adidas has launched a new sub-category of apparel, Athletics, which...
Adidas has launched a new sub-category of apparel, Athletics, which is meant to be worn by athletes before and after their game or competition. This contemporary take on pre-game wear was launched at an event in New York last week with a U.S. track athlete, Tori Bowie, Andrew Wiggins of ...
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Article
Hainer delivers a “fantastic” last quarter at Adidas
Herbert Hainer, departing chief executive of the Adidas Group, said that he “saved the best for last” as he outlined the company's outstanding performance for the second quarter. As previously announced, ample gains in sales and profits for the three months led to another upgrade in the group's forecast for ...
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News briefs
Adidas has announced it will open its first Speedfactory for...
Adidas has announced it will open its first Speedfactory for the U.S. market in the Atlanta, Georgia area in 2017. The purpose of the new highly automated shoe factory is to allow the sporting goods giant to create products faster and closer to its consumers in the U.S., with more ...
