Latest Retail News & Analysis – Page 204
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News briefs
As expected, Nike has opened its first European women's store...
As expected, Nike has opened its first European women's store in London, following similar initiatives in the U.S. and China. Located at 33, King's Road, it measures 2,200 square feet. Special services include trouser hemming, gait analysis and bra fitting. The store will host free weekly Nike+ Training Club classes ...
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Lolë is going to open a new flagship store on...
Lolë is going to open a new flagship store on rue Ste.-Catherine in Montreal next autumn
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Lululemon is reportedly opening a store of 330 square meters...
Lululemon is reportedly opening a store of 330 square meters in Hamburg toward the end of the summer
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News briefs
Adidas Outdoor has signed on as title sponsor of the...
Adidas Outdoor has signed on as title sponsor of the WE-cycle program, a non-profit bike sharing initiative to reduce carbon emissions and traffic congestion in Aspen, Colorado. Adidas Outdoor will be visible on 100 bikes at 16 stations in town. In addition, We-cycle employees will wear Adidas Outdoor footwear and ...
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Adidas has signed up a 21-year-old French tennisman, Lucas Pouille...
Adidas has signed up a 21-year-old French tennisman, Lucas Pouille
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Article
Adidas is urged to speak out over Qatar
Campaigners are stepping up pressure on the sponsors of Fifa, the global football organization, to speak out about the conditions faced by migrant workers on World Cup infrastructure construction sites in Qatar, where the football World Cup is to be held in 2022.The latest campaign was launched at a press conference ...
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News briefs
The Adidas Group reiterated this week that it has no...
The Adidas Group reiterated this week that it has no intention of selling Reebok, after the owner of CrossFit told a reporter that he would like the fitness brand to come under fresh ownership. Reebok became a partner for CrossFit under a ten-year agreement started in 2010, and the huge ...
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The Adidas Group's chief executive, Herbert Hainer, said at the...
The Adidas Group's chief executive, Herbert Hainer, said at the company's shareholders meeting on May 7 that it has appointed Perella Weinberg Partners as an adviser. The move comes after reports of interest by activist hedge funds. Southeastern Asset Management (SAM), which owns just over 3 percent of Adidas, has ...
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News briefs
Shiner, the U.K.-based skate specialist, has taken over the distribution...
Shiner, the U.K.-based skate specialist, has taken over the distribution of Pro-Tec's skate and bike protective gear for Europe. Known especially for its helmets, Pro-Tec was founded in 1973. As reported in Boardsportsource, it was acquired in late 2012 by DYE Precision, a company based in San Diego, which began ...
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Herman van Beveren, chief executive of Decathlon in Belgium, told...
Herman van Beveren, chief executive of Decathlon in Belgium, told the Belgian newspaper Le Soir that the French retailer could expand by another 40 stores in the small country. Decathlon has already reformed the Belgian sports retail landscape in the last years by expanding to 23 stores. The latest store, ...
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News briefs
Two major foreign sports retailers are planting their stores in...
Two major foreign sports retailers are planting their stores in the Paunsdorf Center of Leipzig, according to SAZ. One is Decathlon, which has reportedly rented space in the East German shopping mall to open a 4,200-square-meter store in the autumn. The other one is A3 Sport, a Czech retailer that ...
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News briefs
Hervis continues to expand outside Austria by opening its fifth...
Hervis continues to expand outside Austria by opening its fifth store in Bavaria later this year, most likely in the autumn. The discount-oriented chain has rented a 1,000-square-meter space in a shopping center in Neumarkt.
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News briefs
Go Sport, the French sports retailer, is opening two more...
Go Sport, the French sports retailer, is opening two more stores in Poland, to form a network of 28 stores. Covering 1,255 square meters, the first store is located in the northern Polish town of Elbag, in the Ogrody shopping arcade. The second store of about 1,224 square meters is ...
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News briefs
Marks & Spencer has reportedly teamed up with Norman Walsh...
Marks & Spencer has reportedly teamed up with Norman Walsh Footwear, an upmarket British sports footwear company with production facilities in Britain. The Daily Telegraph reports that M&S is to sell a range of eight models at about £110 per pair under its Best of British label. The tie-up will ...
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News briefs
New Balance has announced plans for a flagship store on...
New Balance has announced plans for a flagship store on London's Oxford Street, which should open around the middle of next year. The store on the ultra-busy shopping street is to cover 1,200 square meters. The displays will highlight the company's innovation as well as that it manufactures in England. ...
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News briefs
Rebel Sports stores in New Zealand raised their turnover by...
Rebel Sports stores in New Zealand raised their turnover by 10.9 percent to 46.7 million New Zealand dollars (€30.5m-$34.9m) in the three months ended April 26, which is the first quarter of its fiscal year. The Briscoe Group, which operates Rebel Sports stores in New Zealand, reported that same-store sales ...
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Intersport Italia has announced the opening of yet another franchised...
Intersport Italia has announced the opening of yet another franchised Intersport store in the Sicilian town of Enna
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Article
Adidas Group regains impetus
The Adidas Group has delivered a vigorous sales and profit increase for the first quarter, with improvements in all markets other than Russia and the golf business. The group's sales jumped by 17.3 percent to €4,083 million, which was an increase of 9 percent in constant currencies, and its underlying ...
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Article
New Adidas reporting reveals regional margins
A new reporting structure adopted by the Adidas Group delivers unprecedented details about the company's sales and profit margins by brand and by regional unit – revealing just how juicy its business is in Russia and China and the distance between the Adidas and Under Armour brands in North America ...
