Latest – Page 172
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News briefs
Adidas says it has placed one of its employees on...
Adidas says it has placed one of its employees on administrative leave and engaged outside counsel to conduct a thorough investigation into a case of bribery in which he has allegedly been involved. Jim Gatto, who is Adidas' director of global sports marketing for basketball, was mentioned among ten people ...
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As predicted, Adidas has signed a new contract with the...
As predicted, Adidas has signed a new contract with the University of Kansas, extending a six-year-old partnership through 2031 and stengthening its position in the performance segment of the American sports market to complement its renewed strength in the lifestyle segment. It will be the richest deal between the brand ...
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The German sporting goods industry association (BSI), the Adidas Group,...
The German sporting goods industry association (BSI), the Adidas Group, Polartec and Vaude are taking part in a three-year research project, funded by the German federal ministry of education and research, to try and reduce micro-particles shed when textiles made with synthetic fibers are washed. Along with micro-particles from many ...
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Adidas France has established a running club affiliated with the...
Adidas France has established a running club affiliated with the French athletics federation, providing professional support for its members to take part in competitions. The company says the move is “reinventing the concept of sports marketing,” as it set out to create its own team. Adidas has already been involved ...
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Adidas has passed the Jordan brand as the second-largest sports...
Adidas has passed the Jordan brand as the second-largest sports footwear brand in the U.S. market, based on the athletic footwear report from the NPD Group for the year to date until August. The estimate marks a remarkable rise in the Adidas brand's footwear market share to 11.3 percent, compared ...
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Article
Alibaba posts better-than-expected results
The Alibaba Group reported better-than expected revenues for its first fiscal quarter ended June 30, thanks to a strong performance in China. Its total sales increased by 56 percent over the year-ago quarter to 50,180 million yuan (€6.4bn-7.5bn). The Thomson Reuters' consensus was RMB 47,700 million (€6.1bn-$7.2bn).The company's operating margin ...
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Adidas has completed the sale its CCM Hockey business to...
Adidas has completed the sale its CCM Hockey business to Birch Hill Equity Partners
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News briefs
Shoe retailers in Germany will get a selection of products...
Shoe retailers in Germany will get a selection of products for their stores from Nike if they belong to ANWR or Sabu Schuh & Marketing, the two major voluntary groups in the sector, starting from the spring/summer 2018 season. Nike will issue a single bill to each of the two ...
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News briefs
A major Norwegian sporting goods distributor, ScanTrade, has launched a...
A major Norwegian sporting goods distributor, ScanTrade, has launched a proprietary brand called Fibra, which is aimed at sports clubs in Norway and Sweden. Umbro has long been the cornerstone brand of ScanTrade, and it will remain this way. However, with the launch of Fibra, ScanTrade will deal with more ...
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News briefs
Briko, the Italian brand of high-performance helmets and goggles for...
Briko, the Italian brand of high-performance helmets and goggles for snow sports and cycling recently taken over by BasicNet, will be distributed by BMM Sports in Germany and Austria from September. BMM Sports also sells Under Armour, Tretorn, Roces and Dahu in different markets. Under Armour has been sold by ...
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News briefs
Urban Styles, a distributor based in Cologne that belongs to...
Urban Styles, a distributor based in Cologne that belongs to Snipes, a subsidiary of the Deichmann Group, took over the distribution of the new premium and fashion-oriented Kappa Authentic product range in Germany in May, signing a selective distribution partnership with Kappa Germany. The range will only be sold to ...
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News briefs
Adidas and Concepts, a progressive American streetwear retailer, a few...
Adidas and Concepts, a progressive American streetwear retailer, a few days ago launched a co-branded boutique at 73 Newbury Street, in downtown Boston. Featuring a minimalist design, the 1,500-square-foot store will offer trendy Adidas sneakers and performance shoes along with Concepts clothing. It will host art installations, DJs and other ...
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News briefs
Australia's Super Retail Group will unify its two sporting goods...
Australia's Super Retail Group will unify its two sporting goods retail chains in the country, Amart and Rebel Sport, by rebranding all its Amart stores as Rebel by Oct. 31. The move is expected to result in synergies of 15 million Australian dollars (€10.1m-$12.0m) over the next two years. Together, ...
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News briefs
Customers can sample a local craft beer while shopping at...
Customers can sample a local craft beer while shopping at the new Timberland specialty concept store. Called The Timberland Tree Lab, the store recently opened in the King of Prussia Mall in Pennsylvania, the second-largest shopping mall in the U.S. The experimental store features carefully curated collections and brand stories ...
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Oberalp is going to open the second Italian Under Armour...
Oberalp is going to open the second Italian Under Armour brand store in Milan next Sept. 14, covering 340 square meters on Piazza Gae Aulenti, close to Nike's relatively new Italian head office
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News briefs
Adidas has announced that it is the new outfitter of...
Adidas has announced that it is the new outfitter of Laura Ludwig and Kira Walkenhorst. The duo of German beach volleyball players won the gold medal at the Rio Olympics in 2016. Adidas will be sponsoring them in view of the 2020 Olympics in Tokyo, and additional joint projects will ...
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Article
Adidas charges ahead
While two leading rivals are cutting back and rejigging their organization, the Adidas Group continued to charge ahead with sharp gains in sales and adjusted operating profit for the second quarter, spread across all markets other than Russia.The group had already made it clear through an upgraded guidance last month ...
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Man O'Leasure has taken over the distribution of Ferrino in...
Man O'Leasure has taken over the distribution of Ferrino in the U.K.
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Vic Sport will be the new exclusive distributor for Ortlieb...
Vic Sport will be the new exclusive distributor for Ortlieb in the Iberian Peninsula
