Retail insights from the sporting goods industry – Page 142
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Short stops
Adidas has added eight more basketball rookies to the growing...
Adidas has added eight more basketball rookies to the growing roster of athletes sponsored in the U.S.
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News briefs
An Adidas veteran, Timo Pape, has joined Odlo International in...
An Adidas veteran, Timo Pape, has joined Odlo International in the new position of brand director, responsible for category management, design and marketing. He had been assisting Odlo in these areas and in communication since last year. After working for seven years at Adidas in Portland and Herzogenaurach, and two ...
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News briefs
Adidas has launched a new sub-category of apparel, Athletics, which...
Adidas has launched a new sub-category of apparel, Athletics, which is meant to be worn by athletes before and after their game or competition. This contemporary take on pre-game wear was launched at an event in New York last week with a U.S. track athlete, Tori Bowie, Andrew Wiggins of ...
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News briefs
JD Sports will have a second store on London's Oxford...
JD Sports will have a second store on London's Oxford Street, located within the West One shopping center above the Bond Street tube station. The retailer already has a store at the east end of Oxford Street.
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Moncler has now a store in the City Center DC,...
Moncler has now a store in the City Center DC, the first one in the Washington, DC area
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Munich, the Spanish brand of sneakers, has opened its first...
Munich, the Spanish brand of sneakers, has opened its first concept store in Andorra
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Descente has opened its first brand store in China, located...
Descente has opened its first brand store in China, located in the Changchun Charter shipping center, through its joint venture with Anta Sports
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Skechers has opened a big flagship store inside the new...
Skechers has opened a big flagship store inside the new shopping district at One World Trade Center in New York City
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Lululemon, which already has six stores in the U.K., has...
Lululemon, which already has six stores in the U.K., has opened its first department store concession at Harrods in London
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Article
Hainer delivers a “fantastic” last quarter at Adidas
Herbert Hainer, departing chief executive of the Adidas Group, said that he “saved the best for last” as he outlined the company's outstanding performance for the second quarter. As previously announced, ample gains in sales and profits for the three months led to another upgrade in the group's forecast for ...
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News briefs
Adidas has announced it will open its first Speedfactory for...
Adidas has announced it will open its first Speedfactory for the U.S. market in the Atlanta, Georgia area in 2017. The purpose of the new highly automated shoe factory is to allow the sporting goods giant to create products faster and closer to its consumers in the U.S., with more ...
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Adidas Originals is opening this week a new flagship store...
Adidas Originals is opening this week a new flagship store on Spring Street in New York City
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News briefs
Zalando posted a 25 percent sales increase to €916.4 million...
Zalando posted a 25 percent sales increase to €916.4 million for the second quarter against the same period of 2015. Earnings before interest and taxation (Ebit) almost tripled to €80.9 million. The Berlin-based fashion e-tailer said the number of active customers grew to 18.8 million by the end of the ...
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Fred Perry is opening its first store in Vietnam, located...
Fred Perry is opening its first store in Vietnam, located in the refurbished Saigon Center shopping mall
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News briefs
Zalando has posted preliminary figures showing that its revenues in...
Zalando has posted preliminary figures showing that its revenues in the second quarter grew by between 24.0 and 26.0 percent over the year-ago quarter to €909-€924 million. The online fashion retailer expects to report adjusted earnings before interest and taxes (Ebit) of €68 to €88 million for the period - ...
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News briefs
Decathlon has started building a new logistics center in Dortmund,...
Decathlon has started building a new logistics center in Dortmund, which should cover about 32,000 square meters and employ up to 700 people. The group already has a warehouse of roughly the same size and 550 employees in Schwetzingen, near Mannheim, but the new facility is to cover stores in ...
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Fusalp has opened a store in Annecy, the French town...
Fusalp has opened a store in Annecy, the French town where the brand was born in 1952
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Article
Adidas raises its guidance
A few days before it was due to announce its quarterly performance on Aug. 4, the Adidas Group raised its guidance for the full year, on the back of a 13 percent sales increase to €4.4 billion in the three months to the end of June, and an operating profit ...
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Article
Adidas opens up and gets faster
The Adidas Group wants to get more creative talent involved in its product development, to invest over-proportionally in key cities and to speed up its production, in order to get closer to consumers. The initiatives form the three pillars of Creating the New, the strategic five-year plan unveiled by Adidas ...
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Article
Adidas expands head office to support ongoing growth
Adidas has recently laid the foundation stone for two new staff buildings at its headquarters in Herzogenaurach. “Campus Expansion South” is to include a new office building for more than 2,000 employees as well as an events building with a restaurant for the employees. The expansion will also involve the ...
