Latest Retail News & Analysis – Page 171
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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 ...
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News briefs
Ecco Golf and American Golf Supplies (AGS), a Sydney-based private...
Ecco Golf and American Golf Supplies (AGS), a Sydney-based private company, have announced a new partnership which will see AGS as the new distributor of Ecco Golf shoes in Australia. This agreement will replace the current distribution by Ecco Shoes Pacific. AGS, which has been owned by Paul and Kim ...
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News briefs
Reusch, which claims to have been the most successful brand...
Reusch, which claims to have been the most successful brand of snow gloves in the 2015/16 World Ski Cup, has announced its sponsorship of the Norwegian Ski Federation, starting with the 2016/17 season. The company said at the same time that it is looking for the right distribution partner in ...
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News briefs
JD Sports will have a second store on London's Oxford...
JD Sports will have a second store on London's Oxford Street, located within the West One shopping center above the Bond Street tube station. The retailer already has a store at the east end of Oxford Street.
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Short stops
Adidas Originals is opening this week a new flagship store...
Adidas Originals is opening this week a new flagship store on Spring Street in New York City
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Skechers has opened a big flagship store inside the new...
Skechers has opened a big flagship store inside the new shopping district at One World Trade Center in New York City
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Munich, the Spanish brand of sneakers, has opened its first...
Munich, the Spanish brand of sneakers, has opened its first concept store in Andorra
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Short stops
Lululemon, which already has six stores in the U.K., has...
Lululemon, which already has six stores in the U.K., has opened its first department store concession at Harrods in London
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Short stops
Moncler has now a store in the City Center DC,...
Moncler has now a store in the City Center DC, the first one in the Washington, DC area
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Short stops
Descente has opened its first brand store in China, located...
Descente has opened its first brand store in China, located in the Changchun Charter shipping center, through its joint venture with Anta Sports
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News briefs
Zalando posted a 25 percent sales increase to €916.4 million...
Zalando posted a 25 percent sales increase to €916.4 million for the second quarter against the same period of 2015. Earnings before interest and taxation (Ebit) almost tripled to €80.9 million. The Berlin-based fashion e-tailer said the number of active customers grew to 18.8 million by the end of the ...
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Article
Adidas raises its guidance
A few days before it was due to announce its quarterly performance on Aug. 4, the Adidas Group raised its guidance for the full year, on the back of a 13 percent sales increase to €4.4 billion in the three months to the end of June, and an operating profit ...
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Article
Adidas opens up and gets faster
The Adidas Group wants to get more creative talent involved in its product development, to invest over-proportionally in key cities and to speed up its production, in order to get closer to consumers. The initiatives form the three pillars of Creating the New, the strategic five-year plan unveiled by Adidas ...
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Article
Adidas expands head office to support ongoing growth
Adidas has recently laid the foundation stone for two new staff buildings at its headquarters in Herzogenaurach. “Campus Expansion South” is to include a new office building for more than 2,000 employees as well as an events building with a restaurant for the employees. The expansion will also involve the ...
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News briefs
Confirming an article in Boardsports Source, Adidas says it is...
Confirming an article in Boardsports Source, Adidas says it is building up a dedicated action sports team for Europe, the Middle East and Africa (EMEA) under the Adidas Originals umbrella, servicing primarily the skate and snowboard community. The Western Europe unit has been run since last year by Bjorn Wiersma, ...
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News briefs
Mizuno, which has its own sales subsidiary in Spain, has...
Mizuno, which has its own sales subsidiary in Spain, has decided to get its lifestyle footwear distributed by Gregal Sport in the country. Besides Lowa, Elan and Schöffel, Gregal Sport distributes more lifestyle-oriented brands such as Canada Goose and Peuterey in the fashion retail channel.
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News briefs
Deckers Brands plans to change its distribution from an indirect...
Deckers Brands plans to change its distribution from an indirect to a direct mode in Switzerland in the course of the next 12 months. Previously, a local distributor covered the Swiss market, but it has been handled by a sales agent since June. Within the next 12 months, the company ...
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News briefs
Maier Sports, the German snow sports and outdoor apparel brand...
Maier Sports, the German snow sports and outdoor apparel brand that has become the property of Schwan-Stabilo, the German group that owns Deuter and Ortovox, signed a distribution agreement with Hej International in June. The British distribution company, managed by Tomas Torstensson, will start selling Maier Sports' spring/summer 2017 collection. ...
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News briefs
ExOfficio is starting to use Marmot Mountain's existing sales network...
ExOfficio is starting to use Marmot Mountain's existing sales network to sell its products to specialty sporting goods and outdoor retailers in Germany, Austria, the U.K., the Benelux, France, Switzerland and Italy from spring/summer 2017. ExOfficio was previously sold mainly to selected clients in those countries like Globetrotter and Larca ...
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News briefs
Shimano has announced that its recently expanded bike distribution center...
Shimano has announced that its recently expanded bike distribution center in Poznan, Poland, will also be used to deliver fishing tackle products to Polish dealers next year. Bike components and fishing tackle distribution will be combined under one organization effective Feb. 1, 2017. Until then, Normark Polska will continue to ...