Latest Retail News & Analysis – Page 184
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News briefs
El Corte Inglés, a group that is one of the...
El Corte Inglés, a group that is one of the major retailers for sporting goods in Spain through its department stores, has reported a 34 percent increase in net profits to €158 million for the financial year ended last Feb. 29. Revenues went up by 4.3 percent to €15.2 billion. ...
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China Dongxiang says that a clearer positioning and an improved...
China Dongxiang says that a clearer positioning and an improved product mix for its online sales channel have helped to raise its sales by 8.9 percent to 650 million yuan renminbi (€86.4m-$97.3m) for the first half of this year. The Chinese sportswear group, which owns Phenix and rights to the ...
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Björn Borg posted a 23 percent sales increase in the...
Björn Borg posted a 23 percent sales increase in the second quarter, with sales reaching 122.2 million Swedish kronor (€12.9m-$14.4m). The Swedish fashion and sportswear brand said it strengthened its position in sports and sports apparel, especially in its male target market, during the quarter. Operating profit for the period ...
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Under Armour sees outlet stores as a major priority for...
Under Armour sees outlet stores as a major priority for its development in Europe
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Moncler has opened its second store in Macau
Moncler has opened its second store in Macau
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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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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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News briefs
Ecco Golf and American Golf Supplies (AGS), a Sydney-based private...
Ecco Golf and American Golf Supplies (AGS), a Sydney-based private company, have announced a new partnership which will see AGS as the new distributor of Ecco Golf shoes in Australia. This agreement will replace the current distribution by Ecco Shoes Pacific. AGS, which has been owned by Paul and Kim ...
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Reusch, which claims to have been the most successful brand...
Reusch, which claims to have been the most successful brand of snow gloves in the 2015/16 World Ski Cup, has announced its sponsorship of the Norwegian Ski Federation, starting with the 2016/17 season. The company said at the same time that it is looking for the right distribution partner in ...
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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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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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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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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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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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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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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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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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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 ...
