Retail insights from the sporting goods industry – Page 127
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Adidas reorganizes its digital sports operations
Adidas appears to be tossing in the towel on wrist-based fitness devices, following similar moves by Nike and Under Armour. The company's North American office announced a few days ago that it is discontinuing its dedicated Digital Sports business unit, which has been marketing its branded GPS running watches, fitness ...
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The Adidas brand took advantage of virtual reality technology to...
The Adidas brand took advantage of virtual reality technology to enable customers to try on boots in a virtual Champions League game between Bayern Munich and Real Madrid. For three days earlier this month, at the renovated Adidas flagship store in Paris, customers wearing VR goggles and sensors on their ...
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Adidas has reportedly reached an out-of-court settlement with M Design...
Adidas has reportedly reached an out-of-court settlement with M Design & Manufacturing, one of Forever 21's suppliers, in a trademark case claiming that Forever 21, a Los-Angeles based fast-fashion retailer, had violated trademark law by using Adidas' three-stripe mark. The terms of the settlement were not immediately disclosed. The lawsuit, ...
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Adidas has signed a ball sponsorship contract with the Austrian...
Adidas has signed a ball sponsorship contract with the Austrian Football Association for three years, starting with the 2018/19 season
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DW Sports has opened a 15,000-square-foot flagship store in the...
DW Sports has opened a 15,000-square-foot flagship store in the Intu Metrocentre of Gateshead. The chain has more than 90 stores all over the U.K. It's part of the DW Fitness First Group, which also operates 120 gyms.
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Decathlon has opened its first store in Tunisia and contracted...
Decathlon has opened its first store in Tunisia and contracted a local logistics provider, Tanger Med, to handle its shipments to the growing number of stores it has in Africa. Covering more than 1,500 square meters in the Tunis City shopping mall, the store is reportedly set to be followed ...
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Zalando posts a loss as sales rocket, investments continue
Zalando recorded a net loss of €11.1 million for the third quarter, compared with net income of €5 million for the year-ago quarter. The adjusted operating profit (Ebit) before non-operating one-time effects fell to €400,000 from €19.5 million.The company had warned last month that it might post a loss in ...
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Bogner has opened a new store in Prague, located in...
Bogner has opened a new store in Prague, located in the big, recently opened Chodov shopping center
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Snow + Rock has a new store in England's Bluewater...
Snow + Rock has a new store in England's Bluewater shopping center, the largest one in the U.K. with a retail floor area of 13,000 square feet
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Sports Direct International (SDI) is apparently developing a new retail...
Sports Direct International (SDI) is apparently developing a new retail brand, selling almost anything from dental floss to screwdrivers and household gloves (progressively classified as men's products, while the women's section features underwear calendars along with chocolate ring dog chews and a teenage ninja turtles scooter). “The brands you love for ...
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Alibaba breaks new records
Alibaba hit a new record with its Singles Day shopping festival on Nov. 11, generating sales of $25.3 billion, 40 percent above the score reached a year ago. The event is a much bigger replica of the Black Friday and Cyber Monday promotions that are becoming common in the Western ...
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World Cup qualifiers favor Adidas and Nike
Adidas has taken an early lead in the World Cup, at least in terms of the number of teams to be outfitted by the German brand, after the last qualifications for the finals were played last week.With eleven teams to wear the Three stripes, Adidas is slightly ahead of Nike ...
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As part of the partnership between Adidas and Zalando, customers...
As part of the partnership between Adidas and Zalando, customers can create their own sneakers through Zalando.de. This has been an option for several years on the Adidas brand's online store with Miadidas, which enables consumers to pick their own colors, materials and soles. That same option has become available ...
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Adidas, Nike and Rapha Racing were among the winners this...
Adidas, Nike and Rapha Racing were among the winners this year at the International Retail Property Market (Mapic) in Cannes earlier this month. Nike was named “Retailer of the Year.” Adidas' new flagship store on New York's Fifth Avenue was crowned for “Best Store Design.” Rapha's “clubhouse” cycling stores were ...
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Kasper Rorsted, chief executive at the Adidas Group, was quoted...
Kasper Rorsted, chief executive at the Adidas Group, was quoted as saying in Bild am Sonntag during the weekend that the company would have a problem if one of its partners was found guilty of breaking the law. The quote was placed in the context of the Adidas group's partnership ...
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Adidas is a winner of the second Stop Slavery Award,...
Adidas is a winner of the second Stop Slavery Award, an initiative by the Thomson Reuters Foundation to honor companies that have taken concrete steps to eradicate forced labor from their supply chains. Adidas leads a group of four winning companies which also includes C&A, Intel and The Co-Operative Group. ...
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Tor-Andre Skeie, who plays a key role with two Norwegian...
Tor-Andre Skeie, who plays a key role with two Norwegian sporting goods retailers, Sport Outlet and Sport Norway, has been named as a finalist for this year's Entrepreneur of the Year, organized by Ernst & Young, across all categories for the West region of the country. Skeie was nominated for ...
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Intersport Twinsport, the largest Intersport retailer in the Netherlands with...
Intersport Twinsport, the largest Intersport retailer in the Netherlands with 12 stores, has agreed to take over another five stores from Intersport Duo. The five outlets neatly complement Twinsport's business as they are situated in the province of North Holland, not far from Amsterdam. The Twinsport stores are in other ...
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Snowleader, a French online retailer of snow sports products, has...
Snowleader, a French online retailer of snow sports products, has added Spain to the country list of its online boutiques, with the launch of a new “.es” e-commerce site. The announcement was made by Thomas Rouault, the co-founder and chief executive of Snowleader, on the occasion of the first conference ...
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Lolë is testing its first European pop-up store in the...
Lolë is testing its first European pop-up store in the Labege shopping center of Toulouse and in a couple of other medium-sized French cities, Reims and Pau
