Latest Retail News & Analysis – Page 170
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Oberalp is going to open the second Italian Under Armour...
Oberalp is going to open the second Italian Under Armour brand store in Milan next Sept. 14, covering 340 square meters on Piazza Gae Aulenti, close to Nike's relatively new Italian head office
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Adidas has announced that it is the new outfitter of...
Adidas has announced that it is the new outfitter of Laura Ludwig and Kira Walkenhorst. The duo of German beach volleyball players won the gold medal at the Rio Olympics in 2016. Adidas will be sponsoring them in view of the 2020 Olympics in Tokyo, and additional joint projects will ...
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Adidas charges ahead
While two leading rivals are cutting back and rejigging their organization, the Adidas Group continued to charge ahead with sharp gains in sales and adjusted operating profit for the second quarter, spread across all markets other than Russia.The group had already made it clear through an upgraded guidance last month ...
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Man O'Leasure has taken over the distribution of Ferrino in...
Man O'Leasure has taken over the distribution of Ferrino in the U.K.
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Vic Sport will be the new exclusive distributor for Ortlieb...
Vic Sport will be the new exclusive distributor for Ortlieb in the Iberian Peninsula
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La Cumbre will be the new distributor of La Sportiva...
La Cumbre will be the new distributor of La Sportiva in Chile
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Confirming its master franchising agreement with the Falaknaz Sports Group...
Confirming its master franchising agreement with the Falaknaz Sports Group for the Gulf States (SGI Europe, vol. 28 – 5+6 of Feb. 22), Sport 2000 International unveils a plan to establish 30 Sport 2000 stores in the region over the next five years – 11 in the United Arab Emirates, ...
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Zalando plans to open two large new fulfillment centers in...
Zalando plans to open two large new fulfillment centers in Italy and Poland later this year
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Foot Locker has launched e-commerce in Australia
Foot Locker has launched e-commerce in Australia
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Rip Curl has opened its web store in Indonesia...
Rip Curl has opened its web store in Indonesia
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Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper...
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper for the Bournemouth team and the Polish national team
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News briefs
As predicted, Zalando's growth softened in the second quarter, rising...
As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...
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Adidas trails only the police for attractiveness as a future...
Adidas trails only the police for attractiveness as a future employer in the opinion of German students. In a recent survey on careers conducted with more than 20,000 students between the ages of 13 and 18, the sports brand was ranked first in the fashion industry and second overall out ...
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Adidas raises guidance, sells CCM Hockey
The Adidas Group has again raised its guidance for the full year, after its sales increased by 20 percent to €5.0 billion for continuing operations in the second quarter, up by 19 percent in constant currencies, and operating profit surged by 18 percent to €505 million.The group issued preliminary figures ...
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Competing with Amazon, Zalando goes premium
Zalando, which is also a major client for sports apparel and footwear brands in Europe, suffered one of its worst days of trading in more than two years, with the share price dropping by 8.2 percent, as the German-based e-commerce giant reported an unexpectedly strong slowdown in its growth. In ...
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Skins rejigs management and distribution
Skins has reorganized some of its management and distribution in the last months, in an effort by the Australian compression apparel brand to become more efficient and to raise its profit margins.The changes include the departure of Christian Gut, previously chief marketing officer, and Matz Bachmann, former chief operations officer. ...
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MBT switches to distributors in Central Europe
Experienced industry officials have set up new distribution companies in Germany, Austria and Switzerland to take over sales of MBT shoes from the German and Swiss subsidiaries of Masai Distribution, the Singapore-based subsidiary of Star 360 that bought the global assets of the former Swiss-based Masai group in 2012.Some of ...
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Zalando continues its shopping spree with the takeover of yet...
Zalando continues its shopping spree with the takeover of yet another start-up, Anatwine. The European e-commerce giant first acquired a 20 percent stake in this British software firm in May, but announced in July that it was taking over the company entirely. The purchase price has not been made public. ...
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Asics has sealed an exclusive distribution deal with Olka Spor...
Asics has sealed an exclusive distribution deal with Olka Spor Malzemeleri Ticaret in Turkey, after the end of its relationship of more ten years with European Fashion & Sport Investment (Efsi). The contract with Olka took effect from the start of July, to sell Asics products that will hit the ...