Retail insights from the sporting goods industry – Page 137
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Article
Adidas gathers growing sales and profit
Ending the year with another buoyant quarter, the Adidas Group has continued its growth spurt with a sales rise of 14.0 percent to €19,291 billion, up by 18 percent in constant currencies, and with improved profit margins.Kasper Rorsted, the group's new chief executive, attributed much of the performance to Creating ...
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News briefs
Nike and Adidas have both hit headlines in the last...
Nike and Adidas have both hit headlines in the last weeks with efforts to make shoes that help athletes to run a marathon in less than two hours. Adidas has been working on it with the Sub 2 program, leading to the launch of the Adizero Sub2 shoes used by ...
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News briefs
Adidas has decided to put an end to its long-standing...
Adidas has decided to put an end to its long-standing relationship with Olympique de Marseille, an emblematic French football club. This comes after the club was sold last year by the widow of Robert Louis-Dreyfus, the former shareholder and chief executive of Adidas, to an American businessman, Frank McCourt. The ...
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News briefs
Adidas and Euroleague Basketball have announced an extension of their...
Adidas and Euroleague Basketball have announced an extension of their existing relationship that will expand Adidas' commitment to the Turkish Airlines EuroLeague, the 7DAYS EuroCup and the Euroleague Basketball Adidas Next Generation Tournament. Adidas basketball shoes will be integrated in EuroLeague and EuroCup platforms. In addition, the sports brand has ...
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Article
Zalando reaches an Ebit margin of 5.9%
Zalando has reported an increase in net income of 121.5 percent to €60.0 million for the past year. Operating earnings (Ebit) grew by 131 percent to €207 million. Excluding extraordinary items, they rose by 101 percent to €216.3 million, resulting in an adjusted Ebit margin of 5.9 percent for the ...
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News briefs
Salomon has opened a new brand store of 250 square...
Salomon has opened a new brand store of 250 square meters in the French winter resort of Chamonix, based on a new design developed by Retail 3d. It has already been applied to a Salomon store in Whistler, Canada, one in Serravalle, Italy, and two others in Shanghai. The same ...
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Short stops
Decathlon has just opened its 150th Spanish store in San...
Decathlon has just opened its 150th Spanish store in San Sebastián, but 32 of its stores in the country are based on the smaller “Decathlon City” format
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News briefs
Deuter launched a couple of new digital services for retailers...
Deuter launched a couple of new digital services for retailers last year. The company is offering them all the product descriptions for their online stores or websites. With a “Bazar Voice” program, Deuter collects all comments and evaluations made for its products online. Retailers are then able to add them ...
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News briefs
Adidas has promoted Arthur Hoeld to the position of senior...
Adidas has promoted Arthur Hoeld to the position of senior vice president of brand strategy and business development. The manager, who has been with the group since 1998, is getting rewarded for his successful work as general manager of its fast-growing Adidas Originals segment since 2011, first as senior vice ...
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News briefs
Adidas has filed a lawsuit against Puma in the federal...
Adidas has filed a lawsuit against Puma in the federal court of Portland, Oregon, charging that the four stripes on the Empower Vigor 1 Camo FG cleated shoe create confusion in the market with its own three-stride trademark. The stripes on Puma's shoe appear as extensions of the lacing system, ...
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Short stops
Adidas will replace Nike as the official supplier of Rutgers...
Adidas will replace Nike as the official supplier of Rutgers University and its Scarlet Knights team from next July
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News briefs
Adidas and Burberry won a “Gold Class” award in the...
Adidas and Burberry won a “Gold Class” award in the Corporate Sustainability Assessment (CSA) carried out by RobecoSAM among 840 companies that are included in the Dow Jones Sustainability Index. Both companies got a score of 60 points or more. Kering, parent company of Puma, qualified for Silver Class with ...
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Short stops
Moncler is about to add 500 square meters to its...
Moncler is about to add 500 square meters to its store on via Montenapoleone, the premier fashion shopping street of Milan
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Short stops
Salewa has opened a new single-brand store in the Italian...
Salewa has opened a new single-brand store in the Italian resort of Cortina d'Ampezzo, in partnership with a local cooperative
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News briefs
Lowa has launched a new web store in Germany where...
Lowa has launched a new web store in Germany where customers can order items from 15 percent of its collection. The items will be shipped by the nearest Lowa-Schöffel store that has them in stock. The customers can get advice at the stores, exchange the shoes or give them back. ...
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News briefs
A new Reebok store will replace the Pinacothèque de Paris,...
A new Reebok store will replace the Pinacothèque de Paris, a private museum in the French capital city which closed its doors indefinitely last year. According to reports in Le Figaro, the space previously occupied by the museum, at 12 boulevard de la Madeleine, will be split between a Reebok ...
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News briefs
Courir, the athletic footwear chain of the Go Sport Group, has...
Courir, the athletic footwear chain of the Go Sport Group, has launched a new concept for its stores around sneakers labelled “Wood.” Conceived by the French agency Carré Noir, the stores that use the new Wood concept feature a giant screen, to show the highlights of the period, as well as ...
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Short stops
Moncler has opened a new boutique in the international airport...
Moncler has opened a new boutique in the international airport of Doha, in Qatar
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News briefs
The Adidas Group has set up a “Storefactory” at a...
The Adidas Group has set up a “Storefactory” at a pop-up store in Berlin, Knit for You, where customers can design their customized merino wool sweater and have it made for them in the store within a few hours. Knit for You takes advantage of technologies such as body scanning ...
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News briefs
Adidas AG has completed the third tranche of a share...
Adidas AG has completed the third tranche of a share buyback program initiated on Nov. 7 and terminated on Jan. 31 as scheduled. The company bought 2,128,200 shares at an average share price of €140.96, for a total price of €299,999,851, including purchasing costs. These treasury shares represent 1.02 percent ...
