Latest Retail News & Analysis – Page 193
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News briefs
Sweaty Betty, the British brand of activewear, has opened its...
Sweaty Betty, the British brand of activewear, has opened its first U.S. concession at the Bloomingdale's flagship store in Manhattan. The British brand moved into the U.S. market in 2012 when it opened stores in the Soho district of New York City and in Greenwich, Connecticut. A third standalone store ...
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News briefs
Lyle & Scott has introduced Iconeme's beacon technology to the...
Lyle & Scott has introduced Iconeme's beacon technology to the mannequins in its flagship store on Carnaby Street in London. Customers download the Iconeme app on their mobile and once they have turned on Bluetooth, their smartphone can trigger beacons from a distance of up to 30 meters to receive ...
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Short stops
Under Armour has opened a Brand House in Chicago, its...
Under Armour has opened a Brand House in Chicago, its fourth store in the U.S. and the first to offer the UA Hunt and UA Fish product ranges, as well as a wearable technologies bar based on the UA Connected Fitness platform
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Short stops
Golfino has opened a new store in the trendy Schwabing...
Golfino has opened a new store in the trendy Schwabing district of Munich, but it will move a year from now to a new location in the city
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Short stops
Sport Partner reports that Daka Sports, an influential sports retailer...
Sport Partner reports that Daka Sports, an influential sports retailer in Rotterdam, welcomed about 300 guests earlier this month to celebrate its 50th anniversary at the clubhouse of Hockeyclub Rotterdam with a symposium titled “Another 50 years,” featuring several speakers specializing in retailing and innovation
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News briefs
Adidas has sued Marc Jacobs in an Oregon court for...
Adidas has sued Marc Jacobs in an Oregon court for the designer's use of four parallel stripes along the sleeves of some knitted garments. Adidas claims that they are confusingly similar to the three stripes used in two garments designed in cooperation with Yohji Yamamoto for its own Y-3 line.
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News briefs
Adidas Golf is launching what it describes as the first...
Adidas Golf is launching what it describes as the first fully asymmetrical golf shoe, the Asym Energy Boost. The distinctive right and left shoes are meant to guide weight transfer, stability and power through the swing. Adidas used heat map and force plate pressure studies to measure the different vertical ...
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News briefs
Adidas has teamed up with Yohji Yamamoto for the release...
Adidas has teamed up with Yohji Yamamoto for the release of a capsule Roland Garros collection for the impending French Open. The clothing and accessories feature Yamamoto's black-and-white color scheme while the shoes, predominantly black, are characterized by the presence of the Hawaiian floral prints of the Y-3 spring-summer 2015 ...
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Article
Adidas sets a €22 billion sales target
Speed, cities and open sources are some of the key words in “Creating the New,” the five-year strategic plan outlined by managers of the Adidas Group at their investor day conference, which was held at the company's head office in Herzogenaurach last Thursday, March 26.The wide-ranging plan aims to lift ...
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Article
Adidas makes U.S. expansion “imperative”
A commitment that was repeated by several managers in Herzogenaurach last week is that the U.S. market has become a priority for Adidas. While the group's performance last year was affected by its troubles in Russia and in the golf market, it was shaken by Under Armour's rise as the ...
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Article
Adidas will pump up retail
Another target is to expand sales through the group's own concept stores at double-digit rates per year. The company runs about 2,900 own stores and wants to add 500 to 600 more stores by 2020, including specialist stores focusing on basketball, running or women, for example.By reducing the number of ...
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Article
Adidas will adopt a more consumer-focused approach
Adidas managers said the new focus on consumers will be facilitated by the reorganization of the management structure that was implemented last year, dismantling the previously function-driven organization and giving full responsibility to the managers of each sports category.The group's investments to engage end consumers are to focus on six ...
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Article
Adidas wants to speed up processes
The “speed” component of the Adidas Group's new strategic plan is inspired by the business model that the group has adopted for Neo, the fast-fashion label developed by Adidas in the recent years, which reached sales of more than €850 million in 2014. While the entire company has already reduced ...
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Article
Luxottica plans to take over Oakley’s distribution
Luxottica plans to integrate Oakley into its global wholesale structure before the end of this year, according to reports that have been largely confirmed by a manager of the group. We hear that the decision has been personally made by Leonardo Del Vecchio, founder and chairman of the group, following ...
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News briefs
Inditex continues to develop its sports apparel offerings, according to...
Inditex continues to develop its sports apparel offerings, according to CMD. The Zara chain is expanding its presence in the segment by adding a line of children's sports clothing, addressing “sporty girls.” Another chain of the group, Pull & Bear, is entering the segment with a line of relatively technical ...
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News briefs
Intersport has opened its largest store in France. Measuring 4,400...
Intersport has opened its largest store in France. Measuring 4,400 square meters, it is located at Plan de Campagne, north of Marseille. It is part of a plan to open a total of 25 stores in France in the course of this year.
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News briefs
Décathlon has reopened its first Spanish store, which it had...
Décathlon has reopened its first Spanish store, which it had launched 23 years ago at Montigalá, near Badalona. The surface has been expanded slightly to 3,675 square meters. It features new spaces for fitness, cycling and mountain sports.
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News briefs
Décathlon has released the first results of its test phase...
Décathlon has released the first results of its test phase with Packcity, an automated in-store locker that allows customers to collect the items they have previously bought on-line. Nine stores were equipped with the automated locker solution before Christmas, to test the solution during a particularly busy time of year. ...
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News briefs
Décathlon has opened a new store concept at the train...
Décathlon has opened a new store concept at the train station of Lille Flandres, near the retail giant's head office in northern France. Décathlon Mobility focuses on urban transport, selling mostly bicycles, scooters, luggage, footwear, accessories and a range of seasonal products. The store also provides a click and collect ...
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News briefs
Trocathlon, a bi-annual event that allows French consumers to sell...
Trocathlon, a bi-annual event that allows French consumers to sell old sports products to other customers at Décathlon stores, has turned into a permanent market. The French sports retailer has set up an online platform at trocathlon.fr this month that will enable consumers to do the same all year around. ...
