Latest Retail News & Analysis – Page 189
-
News briefs
Nike plans to reopen its store on Barcelona's Paseo de...
Nike plans to reopen its store on Barcelona's Paseo de Gràcia on May 12 after a major transformation. The 543-square-meter space will focus on running. It will be the headquarters of Barcelona's Nike+ Club. It will feature several services including Nike ID, stride analysis, coaching, bra fitting and the advice ...
-
News briefs
Vibram has opened its first flagship store in Athens, called...
Vibram has opened its first flagship store in Athens, called the Vibram Athens Academy. This first store represents an evolution from the Vibram Sole Factor trucks, which have been traveling around Europe, offering customers the opportunity to improve the performance of their shoes by choosing a sole from the brand's ...
-
News briefs
Since last month, Stockholm has a new sneaker store. Solestory...
Since last month, Stockholm has a new sneaker store. Solestory is a modern shoe store that is inclined toward basketball and attempts to tell the story behind each model it sells. It is located in the middle of the city and is 150 square meters wide, plus a small stock ...
-
Short stops
JD Sports has opened its 35th German store in the...
JD Sports has opened its 35th German store in the Olympia shopping center of Munich
-
Short stops
Selfridges' flagship department store on Oxford Street in London has...
Selfridges' flagship department store on Oxford Street in London has opened a 37,000-square-foot Body Studio with over 100 brands of bodywear, swimwear, lingerie and hosiery
-
Short stops
Moncler has opened new stores on Bond Street in London...
Moncler has opened new stores on Bond Street in London and in Honolulu
-
News briefs
Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
-
Article
Buoyant Adidas group upgrades guidance
The Adidas Group has raised its guidance for full-year sales and profits after a 17 percent sales hike to €4.8 billion in the first quarter, amounting to an increase of 22 percent in constant currencies. Supported by a higher gross margin and operating margin leverage, the group's operating profit for ...
-
Article
Puma and Adidas in legal imbroglio around soles and stripes
A court in Düsseldorf has rejected an attempt by Adidas to prohibit the sale of running footwear by Puma with a lightweight and bouncy sole that has some of the same characteristics as the Boost soles of the Adidas brand.Adidas filed for an injunction to halt sales of Puma's NRGY ...
-
News briefs
Body Glove, which specializes in wetsuits and swimwear, has teamed...
Body Glove, which specializes in wetsuits and swimwear, has teamed up with Bic Sport to move into the surf equipment and stand-up paddling market. The two parties have sealed a licensing agreement that calls for Bic to design, market and globally distribute surf and SUP boards with Body Glove branding, ...
-
News briefs
Decathlon opened its largest store in Paris last week, with…
Decathlon opened its largest store in Paris last week, with a selling surface of 4,600 square meters in the northeast of the French capital. Decathlon says the new store in the 19th arrondissement covers 65 sports, it sells all of its private labels and offers services such as “click and ...
-
News briefs
Billabong has inaugurated a new shop concept in a shopping...
Billabong has inaugurated a new shop concept in a shopping center near Toulon in France, called L'Avenue 83. It is the first of a series of store renovations that will be carried out throughout Europe. It has digital features. The atmosphere is bright. It plays on vibrant colors and the ...
-
News briefs
Pou Sheng International, the Chinese sports retailing and distribution company,...
Pou Sheng International, the Chinese sports retailing and distribution company, reports that its net consolidated operating revenue increased by 5.2 percent to $207.4 million in March compared with the same month in 2015. This number relates to turnover less sales discount and returns. The group's net consolidated sales for the ...
-
News briefs
According to preliminary figures, Zalando is expected to report a...
According to preliminary figures, Zalando is expected to report a sales increase of between 22.5 percent and 24.5 percent for the first quarter, meaning a turnover in a range between €788 million and €801 million. The adjusted operating margin (Ebit) declined to between 1.5 percent and 3.5 percent, down from ...
-
News briefs
Nike is replacing Adidas as the sponsor of the University...
Nike is replacing Adidas as the sponsor of the University of Michigan's athletic department from next August. The 11-year contract is valued at $127.1 million. It gives Nike an option for a four-year extension.
-
News briefs
Adidas has announced the removal of plastic shopping bags from...
Adidas has announced the removal of plastic shopping bags from its own retail stores globally. The announcement was made on April 22, to celebrate Earth Day while reiterating the company's commitment to sustainability. The switch to paper bags has already begun, with Russia and Kazakhstan following in June. Adidas has ...
-
Article
Alibaba acquires majority stake in Lazada
Alibaba Group Holding has made its largest overseas acquisition to date by buying a controlling stake in Lazada, an e-commerce company headquartered in Singapore, for one billion U.S. dollars. Alibaba will pay $500 million for new shares in the company and purchase an equal amount from the existing investors, which ...
-
Article
Adidas invests in Portland and NYC
The Adidas Group is set to hire an additional 120 employees at its North American head office in Portland, Oregon, as the company continues to invest to regain U.S. market share. The number of group employees in Portland already increased from 850 to 1,200 last year, with the shift of ...
-
Article
Adidas, Puma launch major sustainability initiatives
Adidas is retooling its sustainability policy through the launch of the “Sport needs a space” strategy, the new catchphrase that was revealed in its recent 2015 Sustainability Progress Report. “Sport needs a space” is the result of extensive consumer research the company has undertaken to gauge how important sport is ...
-
News briefs
Fusalp has signed its first distribution agreement since its takeover...
Fusalp has signed its first distribution agreement since its takeover by heirs of the Lacoste family. A company based in Toronto, Throat Threads Apparel, will market the complete line of the French skiwear brand in North America, starting with the autumn/winter 2016/17 season in Canada.
