All Marketplaces & E-tailers articles – Page 34

  • News briefs

    The Adidas Group ended last year with a closetful of...

    2016-01-13T00:00:00Z

    The Adidas Group ended last year with a closetful of awards for its corporate social responsibility (CSR) efforts in China. As detailed in a company statement, Adidas Greater China was listed by the CSR Research Center of the Chinese Academy of Social Sciences as one of the top ten multinational ...

  • News briefs

    Zalando is taking over Nugg, a German company that supplies...

    2015-12-30T00:00:00Z

    Zalando is taking over Nugg, a German company that supplies targeted digital marketing solutions, from the German Post Office, in order to address specific target groups in different ways. In the U.S., meanwhile, Amazon is reportedly planning to set up its own fleet of cargo airplanes to avoid delayed deliveries ...

  • News briefs

    The China-based Alibaba Group has appointed a former U.S. federal...

    2015-12-30T00:00:00Z

    The China-based Alibaba Group has appointed a former U.S. federal prosecutor, Matthew Bassiur, to lead a team that will work to enforce intellectual property protection at the company, in cooperation with international brands and retail partners, industry associations, government regulators, law enforcement agencies and other organizations. The move follows renewed ...

  • News briefs

    Robin Stalker, chief financial officer at the Adidas Group, told...

    2015-12-30T00:00:00Z

    Robin Stalker, chief financial officer at the Adidas Group, told The Financial Times that the company was not facing pressure to divest activities. Speculation has been reported about such pressure after several influential investors built up stakes in Adidas this year: Southern Asset Management (SAM) in the U.S. and investment ...

  • News briefs

    Adidas has signed up Nick Young from the Los Angeles...

    2015-12-30T00:00:00Z

    Adidas has signed up Nick Young from the Los Angeles Lakers, as part of its latest drive to invest in prominent U.S. team sports players. Young announced the deal when he turned up at a game against the Houston Rockets donning a pair of Adidas Yeezys, the shoes designed for ...

  • Article

    Adidas tries to deal with margin pressure

    2015-12-18T00:00:00Z

    As labor costs are seen rising at a compound annual rate of 13 to 15 percent, and material costs by between one and four percent a year through 2020, the Adidas Group has told investors that it is rearranging its sourcing strategy, while adjusting its product mix and planning significant ...

  • News briefs

    Herbert Hainer, chief executive at the Adidas Group, denied a...

    2015-12-18T00:00:00Z

    Herbert Hainer, chief executive at the Adidas Group, denied a report in The New York Post that it was preparing a sale of Reebok CCM Hockey in another effort to simplify its business. He acknowledged in a press briefing earlier this month that several parties were interested in the ice ...

  • News briefs

    Adidas has plans to open a flagship store opposite the…

    2015-12-18T00:00:00Z

    Adidas has plans to open a flagship store opposite the Selfridges department store on Oxford Street in London. Pre-letting agreement has been inked and consultations have started with the local community and stakeholders. If the plans are approved, the flagship store in this prestigious location could open in 2018. The ...

  • News briefs

    Adidas has announced the acquisition of a new building next...

    2015-12-18T00:00:00Z

    Adidas has announced the acquisition of a new building next to its campus in North Portland, Oregon as part of an expansion of its North American operations. It will accommodate about 150 employees on 25,000 square feet of office space, adding to the five existing buildings of the local Adidas ...

  • Article

    Adidas projects buoyant football sales

    2015-11-30T00:00:00Z

    Instead of the usual glitz and football stars on a podium, the Adidas ball for the group stages of the European championship finals in 2016 was unveiled by Zinedine Zidane on his Instagram account earlier this month. The blue, white and red color design of the Beau Jeu is reminiscent ...

  • Article

    Adidas CEO suggests Fifa reforms

    2015-11-30T00:00:00Z

    Herbert Hainer, the Adidas Group's chief executive, suggested to Wirtschaftswoche earlier this month that Fifa ought to set limits to the age and terms of the Fifa president. He added that the global football organization's president should be more like a chief executive, operating under a supervisory board.It was the ...

  • Article

    Adidas gets India’s go-ahead for its own format stores

    2015-11-30T00:00:00Z

    The Adidas Group has obtained approval from the Indian government to open fully owned Adidas-branded stores in the country. Dave Thomas, managing director of the Adidas Group in India, said in a statement that the company intends to start opening larger stores under full ownership in the second half of ...

  • News briefs

    The prospective change of chief executive at the Adidas Group,...

    2015-11-30T00:00:00Z

    The prospective change of chief executive at the Adidas Group, scheduled for 2017 at the latest, is leading to increasing speculation, with a report in Der Spiegel that leading executives from several rival companies were approached for the job. Adidas confirmed in February that it had launched a formal search ...

  • News briefs

    Adidas has inked a five-year agreement with Louisiana Tech University...

    2015-11-30T00:00:00Z

    Adidas has inked a five-year agreement with Louisiana Tech University Athletics to outfit its 16 men's and women's teams in Adidas uniforms, apparel, footwear and equipment through the 2021-22 season. The partnership starts in July, except for women's basketball because that team has one year left on a deal with ...

  • News briefs

    Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...

    2015-11-30T00:00:00Z

    Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...

  • Article

    Buoyant quarter at Adidas, cuts in golf business

    2015-11-10T00:00:00Z

    The Adidas Group enjoyed an impressive sales increase for the third quarter, which encouraged the company to raise its guidance for the full year. Sales jumped by 17.7 percent to €4,758 million, amounting to a rise of 13 percent in constant currencies, with ample sales and profit gains in Western ...

  • Article

    Hainer says Adidas is untarnished by football scandals

    2015-11-10T00:00:00Z

    While savoring the company's performance for the third quarter, the Adidas Group's chief executive, Herbert Hainer, had to brave questions about the turbulence at Fifa and the German football federation (DFB), which are both Adidas partners.Hainer said in a conference call that the uptick in Adidas' sales indicated that consumers ...

  • News briefs

    Adidas is offering design resources and financial assistance to high...

    2015-11-10T00:00:00Z

    Adidas is offering design resources and financial assistance to high schools in the U.S. that want to change their mascot names and identities, to move away from mascots with “potentially harmful” Native American imagery or symbolism. Aligned with the Adidas Group's “open source” strategy, the voluntary initiative was announced in ...

  • Article

    Sneaker trends and key accounts lift Adidas’ sales in Europe

    2015-11-10T00:00:00Z

    As detailed above, the strong performance of the Adidas Group in the third quarter was lifted by a 20.1 percent jump in the sales of the Adidas and Reebok brands in Western Europe. Their turnover in the region reached €1,404 million, up by 18.0 percent in local currencies. The management ...

  • News briefs

    Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...

    2015-10-31T00:00:00Z

    Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...