More retail news – Page 152
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News briefs
Net-a-Sporter, the activewear section of the Net-a-Porter web store launched...
Net-a-Sporter, the activewear section of the Net-a-Porter web store launched last July, is reportedly registering higher sales results than expected. The number of brands offered on the website has risen from 16 to 61. According to WWD, 60 percent of the offer consists of sports-inspired lifestyle products. They are relatively ...
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News briefs
Millet has opened its first store in Germany as a...
Millet has opened its first store in Germany as a temporary shop-in-shop in Globetrotter's store in Frankfurt. The French brand will occupy 165 square meters in the store until Feb. 16, 2016. It will organize a slackline challenge and start a testing center in October. Meanwhile, Columbia opened a shop-in-shop ...
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News briefs
Vibram has revamped its store in Boston's Newbury Street, adding...
Vibram has revamped its store in Boston's Newbury Street, adding a “Sole Factor” space where customers can customize their shoes with a variety of Vibram soles. It also features a new gallery displaying more than 150 pairs of shoes developed with Vibram soles since the original “Carrarmato” sole introduced by ...
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Short stops
Teva is setting up a 16 m² pop-up shop in...
Teva is setting up a 16 m² pop-up shop in Citadium, the big urban sports fashion store in central Paris
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News briefs
Adidas has teamed up with Spotify to create the first...
Adidas has teamed up with Spotify to create the first running app that matches a runner's speed. The new Adidas Go uses the smartphone's accelerometer to monitor the user's stride and then automatically plays tracks with matching beats per minute from Spotify's music library. The app also allows runners to ...
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News briefs
The Adizero 99g was launched by Adidas last month as...
The Adizero 99g was launched by Adidas last month as the world's lightest football boot. The retail launch consisted of just 299 pairs of men's shoes in size 9, as part of the Limited Collection series of super-small drops. With about half the weight of standard football cleats and less ...
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News briefs
Adidas' partnership with Bayern Munich FC, which was due to...
Adidas' partnership with Bayern Munich FC, which was due to expire in 2020, has already been extended for another ten years until 2030. The Wall Street Journal estimates that the deal with the new German Bundesliga winners is worth about €900 million, which reportedly compares with €25 million per season ...
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Article
Adidas wants to run faster in two-horse race against Nike
While unveiling its latest five-year strategic plan at an investor day three weeks ago, the Adidas Group implicitly admitted that it could not catch up with its bigger American rival in the next few years – but the plan and the new management that will implement it could infuse ...
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Article
Duo takes the lead at Adidas Group
The investor day held in Herzogenaurach three weeks ago enabled the company to push forward two new executive board members. Herbert Hainer, the Adidas Group's chief executive, who has been under some pressure since the company's profit warning last year, made it clear a few weeks ago that he will ...
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News briefs
Alibaba and three other Chinese companies are reported to be...
Alibaba and three other Chinese companies are reported to be interested in the takeover of AC Milan. The famous Italian football club is also said to be the target of a crowdfunding initiative in China intended to raise at least $1 billion for its acquisition by the general public and ...
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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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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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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 ...
