All Marketplaces & E-tailers articles

  • AT7A8364-scaled
    News briefs

    StockX appoints chief impact officer


    Source: StockX Damien Hooper-Campbell, CIO at StockX Vintage sneaker and other collectibles auction platform StockX has expanded its leadership team with the appointment of its first-ever chief impact officer, Damien Hooper-Campbell. He will report directly to CEO Scott Cutler and oversee key functional areas, including Diversity, Equity ...

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    Kicks Crew raises $6 million in Series A funding


    Kicks Crew, a global e-commerce platform for sneakers and apparel, announced the closing of a $6 million Series A funding. The financing was led by Gobi Partners, Asia-based private investment group Pacific Century Group and DL Securities Hong Kong. The capital raised will help strengthen the company’s position in the ...

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    Poshmark boosts its sneaker authentication process by buying Suede One


    Poshmark, a California-based marketplace for second-hand fashion products, has acquired a virtual sneaker authentication platform called Suede One. The price of the takeover was not disclosed. Founded in 2020, the latter is said to achieve 99 percent accuracy in recognizing popular models such as those of Jordan and Yeezy by ...

  • Article

    StockX reaches new milestones, thanks to diversification


    In a mid-year Snapshot of its “Culture Index,” which was first launched last year, StockX reported a 90 percent increase in the gross merchandise value (GMV) going through its marketplace in the first half of 2021, led by a growth of 250 percent from “emerging categories” such as gaming consoles, ...

  • Q1 Earnings Adidas
    Infographics & Data

    Earnings - Q1 2021 Results Adidas


    This earnings briefing includes the highlights of the Q1 2021 from Adidas.

  • Adidas Peloton
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    Adidas and Peloton collaborate on apparel


    As expected, Adidas has announced the launch of a line of apparel with Peloton on March 25. The Adidas x Peloton spring/summer 2021 collection – designed in collaboration with the Peloton instructors Ally Love , Robin Arzón and Cody Rigsby – is made of ...

  • Article

    Zalando lifts sales forecasts, aims for 10% of Europe’s fashion market


    Zalando has lifted its sales and profit forecasts for 2021 after reporting a 23.1 percent rise in revenues to about €7,982 million for the 12 months to Dec. 31, 2020, with increases of 17.2 percent in the German-speaking countries and 28.4 percent in the rest of Europe, where they ...

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    Infographics & Data

    Earnings - Q4 2020 and FY 2020 Results Adidas


    This earnings briefing includes the highlights of the Q4 results and FY 2020 from Adidas.

  • Screenshot_2021-03-11 Webvision preview(3)
    Infographics & Data

    Infographic Adidas - Improving Business Mix


    This infographic shows gross margin improvement from Adidas from 48,3% in 2015 to expected ~52% in 2021. It also shows how Adidas is planning to increase the gross margin further to 53% to 55% by 2025.

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    Adidas launches third artist-designed women’s collection


    Adidas has launched a third artist-designed line of sportswear for its Women in Power Collection . The two previous artists were Nini Sum of Shanghai and Jordan Moss of New York City. This time around it’s Egle Zvirblyte of London, who has drawn inspiration for her ...

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    Adidas unveils its business plan through 2025, expanding DTC


    After releasing its results for 2020 , Adidas introduced a new strategy at a virtual Investor Media Day, dubbed ”Own the Game,” which it says aims to raise sales, market shares and profits by strengthening the “credibility” of the Adidas brand, by boosting the direct-to-consumer channel and ...

  • Adidas

    Adidas ends 2020 with a small plus and a positive outlook


    The Adidas Group ended the year with a small sales increase of one percent in local currencies in the fourth quarter, despite a challenging environment, especially in Europe, the only market that suffered a sales decline. As currency headwinds persisted, total sales were down by 5 percent to €5,548 million ...

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    Adidas campaign features a meter-long shoe


    Adidas and the Estonian rapper Tommy Cash have designed a sneaker that exceeds one meter in length and promoted it through Cash’s Instagram channel, where it received 140,000 likes within a day. The idea to “make the longest shoes in the world” came from Cash himself and ...

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    Adidas Confirmed comes to Europe


    Adidas has expanded the reach of its new version of the Adidas Confirmed app to Europe. First launched in the U.S. and China last year, the app gives the registered customer immediate access to new releases of sneakers and special collections. The app became available on March 1 ...

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    Fanatics enters China via a joint venture


    Fanatics , the U.S.-based online retailer of licensed sports merchandise, has announced that it is expanding into China via a joint venture with Hillhouse Capital Group , a private equity firm that is also a major shareholder in a major Chinese sporting goods retailer, Topsports . The 50-50 joint venture ...

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    Adidas opens its first flagship store in Dubai


    Studded with 60 different digital touchpoints, the 1,500-square-meter flagship store opened by Adidas in the Dubai Mall is the first one in the city. It offers many unusual services including free shoe cleaning and a “Bring It to Me” app that allows customers to request a product and get ...

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    Adidas joins the Fur Free Retailer program


    Adidas has joined the Fur Free Retailer program, an international initiative of the Fur Free Alliance that aims to encourage companies to go fur-free. Adidas currently does not sell products made of animal fur, but the brand has nevertheless pledged to permanently renounce fur in order to ...

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    Adidas plans to resume dividends


    Adidas ’ executive board has decided a resumption of the company’s dividend payments, subject to approval by the supervisory board and at the annual general meeting of May 12. The says its decision reflects a positive outlook for the current financial year and follows a series of financing measures: it ...

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    Kinnevik’s Zalando shares go to its own shareholders


    Kinnevik , the Swedish investment fund that has been supporting Zalando since 2010, helping it to go public in 2014, has decided to transfer its 21 percent interest in the big German-based e-tailer to its own shareholders, provided they approve the move at Kinnevik’s annual meeting on April 29. ...

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    Adidas Golf signs up Brendan Lawlor


    Adidas Golf has announced that Brendan Lawlor will join its roster of athletes. The Irish golfer is currently No. 4 in the World Rankings for Golfers with Disability (WR4GD) . After forging a successful amateur career across both disability and able-bodied competitions, he became the first disabled golfer ...