All Marketplaces & E-tailers articles – Page 25
-
News briefs
Alibaba has announced it plans to invest RMB 100 billion,...
Alibaba has announced it plans to invest RMB 100 billion, the equivalent of around $15 billion, over the next three years in a new global research and development program called Alibaba DAMO Academy. The acronym stands for “Discovery, Adventure, Momentum and Outlook.” The academy will start by launching research labs in ...
-
Article
Zalando works with a U.S. sneaker retailer
Zalando has struck its first transatlantic retail alliance by extending its partnership program with retailers to a premium American retailer of sneakers and streetwear, Stadium Goods, which tends to offer the latest limited editions of hot products at its two physical stores in New York and on its website in ...
-
Article
Adidas rejigs European management
The Adidas Group is replacing its managing directors in France, Iberia and Italy, as part of a management reshuffle that saw these three executives assume more international functions while the group's European structure has been streamlined.Under the latest structure, which has just become effective, the Adidas Group's business has been ...
-
Article
Adidas and Puma deploy stores in India
Growing Indian demand for training and athleisure products is fueling increased sales in the country for some of the leading international brands, which are starting to deploy their own stores in the country.The Adidas Group reportedly achieved the strongest gains as its sales reached 1,513 crore rupees (€195.8m-$231.8m) for the ...
-
News briefs
Adidas has passed the Jordan brand as the second-largest sports...
Adidas has passed the Jordan brand as the second-largest sports footwear brand in the U.S. market, based on the athletic footwear report from the NPD Group for the year to date until August. The estimate marks a remarkable rise in the Adidas brand's footwear market share to 11.3 percent, compared ...
-
News briefs
Adidas says it has placed one of its employees on...
Adidas says it has placed one of its employees on administrative leave and engaged outside counsel to conduct a thorough investigation into a case of bribery in which he has allegedly been involved. Jim Gatto, who is Adidas' director of global sports marketing for basketball, was mentioned among ten people ...
-
News briefs
As predicted, Adidas has signed a new contract with the...
As predicted, Adidas has signed a new contract with the University of Kansas, extending a six-year-old partnership through 2031 and stengthening its position in the performance segment of the American sports market to complement its renewed strength in the lifestyle segment. It will be the richest deal between the brand ...
-
News briefs
Adidas France has established a running club affiliated with the...
Adidas France has established a running club affiliated with the French athletics federation, providing professional support for its members to take part in competitions. The company says the move is “reinventing the concept of sports marketing,” as it set out to create its own team. Adidas has already been involved ...
-
News briefs
The German sporting goods industry association (BSI), the Adidas Group,...
The German sporting goods industry association (BSI), the Adidas Group, Polartec and Vaude are taking part in a three-year research project, funded by the German federal ministry of education and research, to try and reduce micro-particles shed when textiles made with synthetic fibers are washed. Along with micro-particles from many ...
-
Article
Alibaba posts better-than-expected results
The Alibaba Group reported better-than expected revenues for its first fiscal quarter ended June 30, thanks to a strong performance in China. Its total sales increased by 56 percent over the year-ago quarter to 50,180 million yuan (€6.4bn-7.5bn). The Thomson Reuters' consensus was RMB 47,700 million (€6.1bn-$7.2bn).The company's operating margin ...
-
Short stops
Adidas has completed the sale its CCM Hockey business to...
Adidas has completed the sale its CCM Hockey business to Birch Hill Equity Partners
-
News briefs
Adidas and Concepts, a progressive American streetwear retailer, a few...
Adidas and Concepts, a progressive American streetwear retailer, a few days ago launched a co-branded boutique at 73 Newbury Street, in downtown Boston. Featuring a minimalist design, the 1,500-square-foot store will offer trendy Adidas sneakers and performance shoes along with Concepts clothing. It will host art installations, DJs and other ...
-
News briefs
Adidas has announced that it is the new outfitter of...
Adidas has announced that it is the new outfitter of Laura Ludwig and Kira Walkenhorst. The duo of German beach volleyball players won the gold medal at the Rio Olympics in 2016. Adidas will be sponsoring them in view of the 2020 Olympics in Tokyo, and additional joint projects will ...
-
News briefs
As predicted, Zalando's growth softened in the second quarter, rising...
As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...
-
Short stops
Zalando plans to open two large new fulfillment centers in...
Zalando plans to open two large new fulfillment centers in Italy and Poland later this year
-
Article
Adidas charges ahead
While two leading rivals are cutting back and rejigging their organization, the Adidas Group continued to charge ahead with sharp gains in sales and adjusted operating profit for the second quarter, spread across all markets other than Russia.The group had already made it clear through an upgraded guidance last month ...
-
News briefs
Adidas trails only the police for attractiveness as a future...
Adidas trails only the police for attractiveness as a future employer in the opinion of German students. In a recent survey on careers conducted with more than 20,000 students between the ages of 13 and 18, the sports brand was ranked first in the fashion industry and second overall out ...
-
Short stops
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper...
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper for the Bournemouth team and the Polish national team
-
News briefs
Zalando continues its shopping spree with the takeover of yet...
Zalando continues its shopping spree with the takeover of yet another start-up, Anatwine. The European e-commerce giant first acquired a 20 percent stake in this British software firm in May, but announced in July that it was taking over the company entirely. The purchase price has not been made public. ...
-
Article
Competing with Amazon, Zalando goes premium
Zalando, which is also a major client for sports apparel and footwear brands in Europe, suffered one of its worst days of trading in more than two years, with the share price dropping by 8.2 percent, as the German-based e-commerce giant reported an unexpectedly strong slowdown in its growth. In ...
