Latest – Page 198
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Article
Adidas tries to deal with margin pressure
As labor costs are seen rising at a compound annual rate of 13 to 15 percent, and material costs by between one and four percent a year through 2020, the Adidas Group has told investors that it is rearranging its sourcing strategy, while adjusting its product mix and planning significant ...
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News briefs
Adidas has announced the acquisition of a new building next...
Adidas has announced the acquisition of a new building next to its campus in North Portland, Oregon as part of an expansion of its North American operations. It will accommodate about 150 employees on 25,000 square feet of office space, adding to the five existing buildings of the local Adidas ...
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News briefs
Herbert Hainer, chief executive at the Adidas Group, denied a...
Herbert Hainer, chief executive at the Adidas Group, denied a report in The New York Post that it was preparing a sale of Reebok CCM Hockey in another effort to simplify its business. He acknowledged in a press briefing earlier this month that several parties were interested in the ice ...
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News briefs
Starting on Jan. 1, Zoggs International will sell, market and...
Starting on Jan. 1, Zoggs International will sell, market and ship its products directly to clients in Germany, Austria and Luxembourg, following the termination of a distribution contract with a triathlon specialist, Filser Sports & Marketing. The orders will be taken by Zoggs' existing network of agents. In an unusual ...
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News briefs
Jorcani Sports is going to take over the distribution in...
Jorcani Sports is going to take over the distribution in Spain of the Luhta collection of L-Fashion Group in January from the Moskito sales agency, which specializes in the fashion retail channel. Jorcani is already the Spanish distributor of Icepeak, the lower-priced sports apparel collection of the Finnish group.
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News briefs
Björn Borg has terminated partnerships with distributors for the Netherlands,...
Björn Borg has terminated partnerships with distributors for the Netherlands, Belgium and Luxembourg. It wants to directly handle distribution in these markets, which are significant for the Swedish brand of underwear and sports apparel. The rights are currently held by the Baseline Group, consisting of Dutch Brand Management (DBM) in ...
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News briefs
Adidas has plans to open a flagship store opposite the…
Adidas has plans to open a flagship store opposite the Selfridges department store on Oxford Street in London. Pre-letting agreement has been inked and consultations have started with the local community and stakeholders. If the plans are approved, the flagship store in this prestigious location could open in 2018. The ...
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News briefs
The German Ski Federation, DSV, has launched a new web...
The German Ski Federation, DSV, has launched a new web store that allows its members to get a 15 percent discount on many items. Besides its own line of DSV-branded winter jackets and other fan items, the new DSVShop.de website offers a selection of more than 150 items by Adidas, ...
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News briefs
Rome may be the next spot for a new series...
Rome may be the next spot for a new series of European Havaianas flagship stores, like the 120-square-meter location that was opened in Barcelona in July. They are intended to offer a wider range of products from 2017 on, including beachwear, than the traditional Havaianas outlets, which focus on rubber ...
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Short stops
Go Sport has installed e-commerce kiosks in 40 of its...
Go Sport has installed e-commerce kiosks in 40 of its stores in France as part of a new omni-channel strategy
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Short stops
Decathlon has been testing the Australian market through a web...
Decathlon has been testing the Australian market through a web store supported by communication through the social media since the start of 2014, sportguide.com has revealed
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Short stops
Nixon has opened its first store in New York...
Nixon has opened its first store in New York
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Short stops
Stockmann has sold the leases of its seven department stores...
Stockmann has sold the leases of its seven department stores in Russia to the Russian franchisee of Debenhams
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Article
Adidas projects buoyant football sales
Instead of the usual glitz and football stars on a podium, the Adidas ball for the group stages of the European championship finals in 2016 was unveiled by Zinedine Zidane on his Instagram account earlier this month. The blue, white and red color design of the Beau Jeu is reminiscent ...
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Article
Adidas CEO suggests Fifa reforms
Herbert Hainer, the Adidas Group's chief executive, suggested to Wirtschaftswoche earlier this month that Fifa ought to set limits to the age and terms of the Fifa president. He added that the global football organization's president should be more like a chief executive, operating under a supervisory board.It was the ...
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Article
Adidas gets India’s go-ahead for its own format stores
The Adidas Group has obtained approval from the Indian government to open fully owned Adidas-branded stores in the country. Dave Thomas, managing director of the Adidas Group in India, said in a statement that the company intends to start opening larger stores under full ownership in the second half of ...
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News briefs
The prospective change of chief executive at the Adidas Group,...
The prospective change of chief executive at the Adidas Group, scheduled for 2017 at the latest, is leading to increasing speculation, with a report in Der Spiegel that leading executives from several rival companies were approached for the job. Adidas confirmed in February that it had launched a formal search ...
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News briefs
Sport Partner reports that Decathlon is opening two stores in...
Sport Partner reports that Decathlon is opening two stores in the Netherlands, in Rotterdam city center and in the southern city of Breda. While the French retailer's expansion long appeared to be stuck in the Netherlands, the two openings will increase the network from four to six stores. The location ...
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News briefs
Puma opened a flagship store in the trendy Hackescher Markt...
Puma opened a flagship store in the trendy Hackescher Markt area of the German capital last week. The new store in Berlin Mitte has adopted Puma's Forever Faster concept on a surface of about 450 square meters. It offers a range of performance and sport style products, along with exclusive ...
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News briefs
Mountain Warehouse, one of the major outdoor retailers in the...
Mountain Warehouse, one of the major outdoor retailers in the U.K., is launching a new chain of stores, called Zakti, that will cover gym, yoga, running, cycling, snow sports, dance and swimming, according to Retail Week. Competing against Sweaty Betty, it will initially target women. Zakti is opening two stores ...
