Latest Retail News & Analysis – Page 141
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News briefs
Adidas and Nike are in the top five of the...
Adidas and Nike are in the top five of the Better Cotton Initiative (BCI)'s leaderboard for 2018, at the fourth and fifth place, respectively. The BCI is the Geneva-based body that campaigns for increased production and consumption of “more sustainable cotton.” Fifteen companies featured on its 2018 leaderboard, a table ...
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Big growth and investments in digital
Offering differentiated consumer experiences, direct-to-consumer sales were responsible for about half of Nike's total growth in the past year, and digital sales jumped by 35 percent, driven by Nike's mobile apps. Nike says that the digital channel – its own online sales combined plus those of partners like Amazon and ...
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Further expansion internationally
Nike claims to be leading the market in the EMEA region, where its sales grew by 9 percent in constant currencies in the fourth quarter as compared to the period a year ago, when they were boosted by the men's version of the Fifa World Cup. It continues to boast ...
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Nike and Adidas pull back products and ads
The use of social networks and artificial intelligence can be tricky at times. Adidas suffered an embarrassing problem on July 1 with a Twitter campaign launched to promote its new jersey for the English Arsenal football team. It was hijacked by several users who twisted their Twitter handles to send ...
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Intersport reports growth in Central Europe
Intersport Germany is performing a little better than before. On the first day of the new OutDoor by Ispo show in Munich, which ran from June 30 to July 3, the German-based retail cooperative reported an increase of 5 percent in its members' retail sales for the first five months ...
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Silhouette launches its own sports eyewear line as Marcolin takes over its Adidas license
The Marcolin group announced a licensing agreement with the Adidas Group for the design, development, manufacturing and distribution of two lines of eyewear that will reach the market early next year. A spokesperson for the Italian company said that the agreement is global, but there is an apparent discrepancy about ...
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Lululemon is entering the French market in a more serious...
Lululemon is entering the French market in a more serious way by launching its own country-specific website this month, followed by the opening of a physical store of 194 square meters in Paris, at 47 rue Bonaparte. The brand already has a shop-in-shop in the Bon Marché department store and ...
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Marquee Brands has announced a partnership with Global Brands Group...
Marquee Brands has announced a partnership with Global Brands Group (GBG) as the official apparel partner and distributor for the Dakine brand, overseeing all apparel categories including sport performance, lifestyle, outerwear and swim. The Sports & Lifestyle division of GBG will focus specifically on the design, development and distribution of ...
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Asos is reportedly planning to cut around 100 jobs at...
Asos is reportedly planning to cut around 100 jobs at its London head office in Camden, many of them in the marketing department. The last set of interim results, which the online retailer released in March, showed a drop of 87 percent in its pre-tax profits. The company has been ...
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Decathlon's U.K. branch is investing in a new warehouse and...
Decathlon's U.K. branch is investing in a new warehouse and has announced plans to create 200 new jobs in the country by 2021, according to reports in Fashion Network. Last year the retailer posted pre-tax losses of £10.8 million (€12.0m-$13.5m), but results were said to be in line with the ...
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Decathlon has opened its first store in Algeria. The French...
Decathlon has opened its first store in Algeria. The French sporting goods retailer was already present in the Maghreb region, with stores in Tunisia and Morocco. The new 1,850-square-meter shop, located in Algiers, at the Bab Ezzouar shopping center, was inaugurated on June 29.
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News briefs
Mountain Hardwear, the subsidiary of Columbia Sportswear, has developed an...
Mountain Hardwear, the subsidiary of Columbia Sportswear, has developed an app that enables European retailers to display its equipment and apparel in augmented reality. For now, it features equipment for summer 2019 and technical apparel for winter 2019, including the Exposure/2 Gore-Tex collection.
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Decathlon is planning to open shortly a mega-store of 5,100...
Decathlon is planning to open shortly a mega-store of 5,100 m² in the Olympia shopping center of Munich, the third one and the biggest in the German city
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Le Coq Sportif has opened a pop-up store at La...
Le Coq Sportif has opened a pop-up store at La Roca Village, a factory outlet center near Barcelona
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JD Sports is adding instalment payment options in the...
JD Sports is adding instalment payment options in the U.K. with Clearpay technology from Afterpay
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News briefs
Adidas unveiled the new Adidas by Stella McCartney tennis collection...
Adidas unveiled the new Adidas by Stella McCartney tennis collection ahead of Wimbledon, the legendary tournament. This year's edition of the tournament started on July 1, and will finish on July 14. Alongside McCartney's signature design touches, the 17-piece collection uses innovative materials, such as a synthetic fiber made from ...
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News briefs
Adidas is reinforcing its ties with the German national football...
Adidas is reinforcing its ties with the German national football team (DFB), of which it has been the sponsor for a long time. The DFB will be training for the 2020 European Football Championship (Uefa Euro 2020) at World of Sports, Adidas' headquarters in Herzogenaurach. Preceding the announcement was a ...
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The associations of Swiss sports brands and retailers, Spaf and...
The associations of Swiss sports brands and retailers, Spaf and Asmas, are organizing a second “Sport Business Network Day” for June 9, 2020
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News briefs
In 2021, online advertising will represent for the first time...
In 2021, online advertising will represent for the first time in history more than half of total ad spending. According to Zenith’s Advertising Expenditure Forecasts, web advertising will account for 52 percent of global ad spending, as compared to 44 percent in 2018 and a projected 47 percent in 2019. ...
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Adidas loses a court fight over its Three Stripes
The General Court of the European Union decided today to uphold a previous decision made by the European Intellectual Property Office (Euipo) that nullified a three-stripe trademark that Adidas had registered in 2014 for clothing, footwear and headgear. The news led to a drop of more than 2 percent in ...
