Latest Retail News & Analysis – Page 178
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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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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 ...
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News briefs
Perry Ellis International, the U.S. apparel company and licensing partner...
Perry Ellis International, the U.S. apparel company and licensing partner for Nike Swim, has signed several agreements to distribute Nike-branded swimwear and accessories in Europe. Its partners include Action Sports Sportartikel for the Benelux and the German-speaking countries. The German-based firm is already a distributor for Herschel Supply, Contigo and ...
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News briefs
Bergans of Norway has sealed an agreement with the GAEA...
Bergans of Norway has sealed an agreement with the GAEA Group in Canada to distribute the Norwegian brand in North America. The deal comes after Bergans decided last year to shut down its sales organizations in the U.K., France, the U.S. and Canada, to focus its product and marketing investments ...
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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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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
Asics has reopened its 2,800-square-foot flagship store in Tokyo's Ginza...
Asics has reopened its 2,800-square-foot flagship store in Tokyo's Ginza district after its renovation. It was the brand's first direct outlet when it opened in 2007.
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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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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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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
Adidas and Wanderlust are launching a new co-branded yoga and...
Adidas and Wanderlust are launching a new co-branded yoga and training apparel collection, building on the multi-year partnership the two companies began in February 2016. The 42-piece collection includes tanks, tights, bras, pants, hoodies and a range of accessories. The color palette is inspired by the active calm of yoga ...
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Roland Auschel, chief sales officer of the Adidas Group, will...
Roland Auschel, chief sales officer of the Adidas Group, will participate with other personalities including Kim Roether, president of Intersport Germany and Intersport International, in a symposium on digitalization in the industry on Monday during the Ispo trade show in Munich
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Article
Alibaba seals a strategic tie-up with the IOC
The International Olympic Committee (IOC) has sealed a long-term partnership with the Alibaba Group, under which the Chinese online giant will become part of The Olympic Partner, the IOC's global sponsorship program. The deal, which was unveiled at the World Economic Forum in Davos earlier this month, marks a far-reaching ...
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Article
Zalando grows less than expected
Zalando put out nice preliminary figures for the fourth quarter ended Dec. 31, although they came in below its latest forecast for the period. Breaking the magic €1 billion range for the first time, the quarterly turnover reached a level estimated at between €1,086 million and €1,094 million, representing an ...
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News briefs
Sport 2000 Germany has concluded an agreement that will allow...
Sport 2000 Germany has concluded an agreement that will allow its 100-plus running stores affiliated with its Lauf-Profis concept to offer Karhu shoes exclusively from next July. The distribution of the line will be gradually extended in 2018 to other retailers affiliated with Sport 2000. The deal was negotiated with ...
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Short stops
Arnold Sports will be the general agent for 361° in...
Arnold Sports will be the general agent for 361° in Germany and Austria
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Gregal Sport has become the new Spanish distributor of Cairn,...
Gregal Sport has become the new Spanish distributor of Cairn, the French brand of snow goggles and helmets
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Five Seasons is reportedly switching in Germany from an importer/distributor,...
Five Seasons is reportedly switching in Germany from an importer/distributor, Arnold Sports, to an agent based in Hamburg, Wiedbrauk, which has showrooms in the Düsseldorf area and plans a new one in Berlin
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News briefs
Sport Zone, the leading Portuguese sporting goods retail chain, has...
Sport Zone, the leading Portuguese sporting goods retail chain, has decided to centralize purchases for the Iberian Peninsula to increase efficiencies and achieve new economies of scale. It will close company's purchasing office in Madrid, which was handling purchases for the 44 stores that Sport Zone is currently operating in ...