Latest Retail News & Analysis – Page 175
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Adidas to start talks for golf assets sale
The Adidas Group has decided to reduce its interest in the golf market by starting talks for the sale of the TaylorMade, Adams Golf and Ashworth brands. While pulling out of the golf equipment market, it would focus its golf apparel and footwear business on the Adidas brand.After a slump ...
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The Adidas Group blazes ahead
The Adidas Group blazed ahead in the opening quarter of this year, carried by soaring demand for its sneakers and the run-up to the European football championships.Herbert Hainer, the group's chief executive, said in a conference call that Adidas “flew off the starting blocks.” The performance was supported by Creating ...
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Hydra Ventures, the venturing arm of the Adidas Group, has...
Hydra Ventures, the venturing arm of the Adidas Group, has become an investor in 360fly, a Californian company that specializes in single-lens cameras capturing 360-degree videos. Hydra Ventures came on board as part of a Series C round of financing worth $40 million. It joins L Catterton and Qualcomm Ventures, ...
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Mavic, a brand of Amer Sports, will soon be distributed...
Mavic, a brand of Amer Sports, will soon be distributed in the Netherlands directly by Amer's Dutch office. Mavic, a French bicycle parts maker, has been part of Amer Sports' portfolio since 2005, and has been distributed in the Benelux by Codagex. The change in the distribution strategy is effective ...
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Confirming our earlier report, the Rossignol Group has changed the...
Confirming our earlier report, the Rossignol Group has changed the distribution of its products in Sweden and Norway. Starting on June 1, a new subsidiary of the French group in Sweden will handle both markets. It will be headed up by Jerker Nyman, former head of purchasing for selected brands ...
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BM Sportech will handle the distribution of Adidas' textile and...
BM Sportech will handle the distribution of Adidas' textile and footwear offerings for pádel, the Spanish version of tennis, from the spring/summer 2017 season. BM Sportech is already the Spanish distributor of Prince and K-Swiss.
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From the 2016/2017 ski season, Avafrost will handle sales in...
From the 2016/2017 ski season, Avafrost will handle sales in Sweden of 4frnt snow sports products. The American ski and skiwear brand was previously distributed by Dsporter. Avafrost is a company run by André Amonsson, a mountain guide who also runs Skier, an event agency located in the Swedish ski ...
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Jorcani Sports has added Starboard to its portfolio of surf-related...
Jorcani Sports has added Starboard to its portfolio of surf-related brands distributed in Spain and Portugal, which includes Bic Sport, Liquid Force and Mystic
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Sports Direct International (SDI) is among the parties that have...
Sports Direct International (SDI) is among the parties that have reportedly shown interest in acquiring BHS, a British retailer with 164 stores specializing in clothing and household items, which went into administration (a form of bankruptcy) earlier this month. Talks held with Mike Ashley, majority shareholder of SDI, fell through ...
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Karstadt's online business has become profitable, said the manager in...
Karstadt's online business has become profitable, said the manager in charge in an interview with the Westdeutsche Allgemeine Zeitung (WAZ) last month. Klaus Haensch took over this function in May last year and he has made far-reaching changes at the German retailer's online business, leading to a reduced offering on ...
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Keller Sports, the German high-end pure internet retailer, has decided...
Keller Sports, the German high-end pure internet retailer, has decided to open its first physical store. Its so-called Brand Experience Store will open its door on June 22 at Auenstrasse 120 in Munich.
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Nike plans to reopen its store on Barcelona's Paseo de...
Nike plans to reopen its store on Barcelona's Paseo de Gràcia on May 12 after a major transformation. The 543-square-meter space will focus on running. It will be the headquarters of Barcelona's Nike+ Club. It will feature several services including Nike ID, stride analysis, coaching, bra fitting and the advice ...
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Vibram has opened its first flagship store in Athens, called...
Vibram has opened its first flagship store in Athens, called the Vibram Athens Academy. This first store represents an evolution from the Vibram Sole Factor trucks, which have been traveling around Europe, offering customers the opportunity to improve the performance of their shoes by choosing a sole from the brand's ...
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Since last month, Stockholm has a new sneaker store. Solestory...
Since last month, Stockholm has a new sneaker store. Solestory is a modern shoe store that is inclined toward basketball and attempts to tell the story behind each model it sells. It is located in the middle of the city and is 150 square meters wide, plus a small stock ...
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JD Sports has opened its 35th German store in the...
JD Sports has opened its 35th German store in the Olympia shopping center of Munich
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Selfridges' flagship department store on Oxford Street in London has...
Selfridges' flagship department store on Oxford Street in London has opened a 37,000-square-foot Body Studio with over 100 brands of bodywear, swimwear, lingerie and hosiery
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Moncler has opened new stores on Bond Street in London...
Moncler has opened new stores on Bond Street in London and in Honolulu
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Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
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Buoyant Adidas group upgrades guidance
The Adidas Group has raised its guidance for full-year sales and profits after a 17 percent sales hike to €4.8 billion in the first quarter, amounting to an increase of 22 percent in constant currencies. Supported by a higher gross margin and operating margin leverage, the group's operating profit for ...
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Puma and Adidas in legal imbroglio around soles and stripes
A court in Düsseldorf has rejected an attempt by Adidas to prohibit the sale of running footwear by Puma with a lightweight and bouncy sole that has some of the same characteristics as the Boost soles of the Adidas brand.Adidas filed for an injunction to halt sales of Puma's NRGY ...
