Latest Retail News & Analysis – Page 193
-
News briefs
Adidas gets a toehold in the French football team, sponsored...
Adidas gets a toehold in the French football team, sponsored by Nike, with a 10-year sponsorship control with Paul Pogba, a 22-year-old member of the team who did not have a footwear contract before. The deal is said to be valued at €40 million. Pogba is regarded as a star ...
-
Article
A trio will run Adidas’ women’s segment
Creating two new positions, Adidas has named Nicole Vollebregt as global head of women's and Kerry Speake as global women's creative director. They will both work from Adidas America's office in Portland, Oregon. It has also retained Christine Day, who served as chief executive of Lululemon Athletica from 2008 to ...
-
Article
Adidas raises guidance after buoyant year
The Adidas Group has upgraded its guidance for this year after it surpassed its targets for sales and earnings in 2015. About three weeks ahead of the scheduled publication of its annual results, the company said its turnover amplified by 16 percent to €16.9 billion last year, which was an ...
-
Article
Fanatics bags Kitbag
Kitbag, a British-based online retailer specializing in team sports products, has been acquired by Fanatics at a price of £11.55 million (€15.1m-$16.9m). The purchase will support the European expansion of Fanatics, a major U.S. player in the market for officially licensed sports merchandise.Kitbag had apparently caught the eye of Sports ...
-
News briefs
Active Sportswear, the Danish brand owner and distributor, has set...
Active Sportswear, the Danish brand owner and distributor, has set up a sales subsidiary in Hamburg for the German and Austrian markets for Color Kids, its line of children's activewear. The operation is led by Daniela Thinius, a former sales manager for Puma who helped Stadium to set up its ...
-
News briefs
Adidas has announced a multi-year deal to become the official...
Adidas has announced a multi-year deal to become the official all-sports apparel provider of Western Carolina University (WCU), a public university located in Cullowhee, North Carolina that runs 16 intercollegiate sport programs. The five-year partnership is effective July 1, 2016. Previously, several WCU sports had independently used the brand's products ...
-
News briefs
The Adidas Group declined to comment on a report in...
The Adidas Group declined to comment on a report in Marca, the Spanish newspaper, that the brand was discussing a ten-year deal worth €140 million per year with Real Madrid. Demands were predicted to escalate in the market for kit contracts with leading football teams, after Adidas agreed to pay ...
-
News briefs
The Adidas Group has denied a report by the BBC...
The Adidas Group has denied a report by the BBC earlier this month that it intends to put a premature end to its contract as an official partner of the International Athletics Federation (IAAF), describing it as inaccurate. Media reports claimed that Adidas wanted to end the eleven-year contract, which ...
-
Article
Henkel chief to lead Adidas Group
The supervisory board of the Adidas Group ended up picking an outsider as it decided that Kasper Rorsted, chief executive at Henkel, should take over from Herbert Hainer as the CEO of the German sports company from the start of October. The 53-year-old Danish manager will start at Adidas by ...
-
News briefs
Didriksons has opened its own sales office for the German...
Didriksons has opened its own sales office for the German and Austrian markets in Euromoda, the permanent showroom center in Neuss, taking over from a distributor, Katimpex, which is now representing Tenson. The operation is led by Jan Henning, who worked for New Balance and New Era before. Herkules IV, ...
-
News briefs
Briko Maplus, an Italian brand of high-performance, liquid fluorinated ski...
Briko Maplus, an Italian brand of high-performance, liquid fluorinated ski wax with a high melting point, is consolidating its position in the Nordic and Baltic countries through a long-term distribution contract with Oy Patrol Trading. The Finnish-based distributor, which has an annual turnover of about €35 million with major brands ...
-
News briefs
NHS has appointed Shiner as European apparel licensee for Santa...
NHS has appointed Shiner as European apparel licensee for Santa Cruz and Independent. Shiner will be officially delivering Santa Cruz and Independent apparel for the European market starting with the autumn/winter 2016 ranges. Shiner have been the distributors of NHS' skateboard brands in the U.K. since 1976, and will now ...
-
News briefs
Decathlon is continuing its foray into Southeast Asian markets with...
Decathlon is continuing its foray into Southeast Asian markets with the opening of a store in Singapore. After five openings in Thailand in the last few months, the French retailer is opening a store of about 3,000 square meters in Bedok and is planning a second opening in Singapore in ...
-
News briefs
Adidas has announced the release of its first laceless football...
Adidas has announced the release of its first laceless football cleat, indicating that it will help its players to control the game better than before. It will be worn by sponsored football players from Jan. 23. Lotto, which launched its first laceless football boot ten years ago, had no comment ...
-
News briefs
Adidas is honoring Leo Messi's record fifth Ballon d'Or win...
Adidas is honoring Leo Messi's record fifth Ballon d'Or win on Jan. 11 with a custom ultra-luxe version of the Messi 15 football boot. The special edition of the Messi 15 features platinum elements, something Adidas claims has never been seen before on a football boot. Messi's and Adidas' logos ...
-
News briefs
Zalando, which bought the bankrupt Bread & Butter trade show...
Zalando, which bought the bankrupt Bread & Butter trade show in Berlin last June, says it will stage the first consumer-oriented B&B show on Sept. 2-4 at Arena Berlin, where the Bright and Seek trade shows were held earlier this week. Zalando was looking for a new site for its ...
-
News briefs
The Adidas Group ended last year with a closetful of...
The Adidas Group ended last year with a closetful of awards for its corporate social responsibility (CSR) efforts in China. As detailed in a company statement, Adidas Greater China was listed by the CSR Research Center of the Chinese Academy of Social Sciences as one of the top ten multinational ...
-
News briefs
Kering, along with Adidas and H&M, was named as one...
Kering, along with Adidas and H&M, was named as one of the most sustainable corporations in the world following its inclusion in the 2016 Corporate Knights' Global 100 index, which was published at the World Economic forum in Davos, Switzerland, on Jan. 22. It is the first time that the ...
-
News briefs
Zalando said it booked a 30 percent sales increase in...
Zalando said it booked a 30 percent sales increase in the fourth quarter of 2014 to a level expected to range between €865 million and €872 million, generating an adjusted operating margin (Ebit) of between 7 and 9 percent. With that, the German-based e-tailer reached an Ebit margin of between ...
-
Article
Partial win for selective distribution in Germany
In a high-profile case around selective distribution, the competition chamber of Frankfurt's higher state court (Oberlandesgericht) has decided that Deuter Sport should be allowed not to deliver to retailers who sell their products through marketplaces such as Amazon. On the other hand, the court found it unacceptable from a competition ...
