All Marketplaces & E-tailers articles – Page 18
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News briefs
Fanatics has struck a deal to become the exclusive supplier...
Fanatics has struck a deal to become the exclusive supplier of licensed sports merchandise on Coupang, the South Korean internet marketplace. The deal takes effect this summer for a term of ten years. South Korea is definitely among the world's top ten e-commerce markets, well behind China and the U.S. ...
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Article
Zalando regains momentum
Heavy investments in software, new systems and new distribution centers contributed to a decline in the operating margin to 3.2 percent last year from 4.8 percent, but the management expressed confidence that the margin will reach 13 percent sooner or later. It has set out an ambitious goal for the ...
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News briefs
Puma and Zalando are intensifying their cooperation. The sportswear company's...
Puma and Zalando are intensifying their cooperation. The sportswear company's new women's training collection will be exclusively available at Zalando in the coming two weeks. From the beginning of March, Puma will then also be selling the line in its own stores and its online shop. The collection includes tops, ...
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Article
Sportmaster wins over Adidas, launches its sixth chain
Sportmaster has reinforced its dominant market position in Russia, announcing that it will once again start offering products under the Adidas brand from the autumn/winter 2019/20 season, after many years of separation.Sportmaster considers itself as a strategic partner of Nike, and it also offers brands like Puma and Asics. However, ...
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Article
China slowdown weighs on Alibaba’s sales
Alibaba Group Holding's revenues for its third fiscal quarter, ended on Dec. 31, grew at their weakest pace in four years, weighed by a slowing Chinese economy, which is being attributed to the ongoing trade war with the U.S.The Chinese e-tailer's sales increased by 41 percent from the year-ago quarter ...
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Article
Amazon launches pop-up stores in Europe
What is happening to the big e-tailers? After the recent profit warnings of Asos and Zalando, the two biggest sharks in the pond, Alibaba and Amazon, have just put out discouraging figures. Both companies, which operate big marketplaces for sporting goods and many other products in their respective territories, have ...
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Article
Adidas launches its new Parisian platform for start-ups
Adidas has announced the launch of “Platform A,” its new sports accelerator program, located at the Paris-based start-up campus Station F. The company said it is investing €1 million in the development of the initiative. Platform A brings together 13 start-ups that have been selected to work with Adidas on ...
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Article
Adidas and Foot Locker call on consumers to design shoes
Adidas and Foot Locker are collaborating on a go-to-market plan that allows consumers to help create footwear with a local flavor. The plan takes inspiration from three themes: speed, cities and the open-source ideal of the computing world, where the raw code is public, free and open to changes by ...
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News briefs
Adidas is doubling the number of sneakers it makes from...
Adidas is doubling the number of sneakers it makes from ocean plastic this year, expecting to turn out 11 million pairs in cooperation with Parley for the Oceans. Adidas projected sales of about five million pairs of such Parley shoes in 2018, up from one million in 2017. The sporting goods ...
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Short stops
Zalando's depressed share price went up by 6.1% following renewed...
Zalando's depressed share price went up by 6.1% following renewed speculation that the Alibaba Group may make a bid for the German-based e-tailer
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News briefs
Starting on Dec. 11, Zalando has been giving its German...
Starting on Dec. 11, Zalando has been giving its German customers the option to pay for the products they order on their iPhones with Apple Pay. It has also begun to test a “Smart Doorbell” and “Smart Doorlock” technology with the Belgian Post Office. The technology allows customers to open ...
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News briefs
Adidas has announced the start of the second tranche of...
Adidas has announced the start of the second tranche of a multi-year share buyback program launched last March. The group plans to repurchase around €800 million worth of its own shares during 2019. It already spent last year €1 billion to buy back 5.1 million shares, corresponding to 2.5 percent ...
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News briefs
Adidas is reportedly planning to launch a signature shoe for...
Adidas is reportedly planning to launch a signature shoe for Donovan Mitchell. According to a report in SLCdunk.com, the shoe is set for launch in the third quarter of 2019. Mitchell, 22, plays for the Utah Jazz of the National Basketball Association (NBA). Prior to playing in the NBA, he ...
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News briefs
Adidas has announced an initiative to help remove barriers faced...
Adidas has announced an initiative to help remove barriers faced by girls and women in sports. The She Breaks Barriers initiative expands on the #creatorsunite conversation, launched by the brand in August 2018, and is meant to inspire and support the next generation of female athletes, creators and leaders. To ...
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News briefs
The International Olympic Committee (IOC) and Alibaba Group have announced...
The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on Tmall, China's largest business-to-consumer online retail platform, operated by Alibaba. The Olympic e-store will be initially available to Chinese consumers only, with plans to later create an e-commerce platform available globally. The ...
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News briefs
Adidas has taken Rafinha to court in Amsterdam, according to...
Adidas has taken Rafinha to court in Amsterdam, according to The Mirror, demanding that the Barcelona midfielder should pay a penalty of €100,000 for each day that he doesn't wear Adidas shoes in the field and Adidas apparel at all media appearances. The 25-year-old Brazilian football player, whose real name ...
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News briefs
Adidas has announced the completion of the first tranche of...
Adidas has announced the completion of the first tranche of a share buyback program, saying that it will give a total return to shareholders of more than €1.5 billion in 2018. The company bought back 5.1 million shares, corresponding to 2.5 percent of its equity, between March 22 and Dec. ...
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News briefs
Adidas has appointed a new chief information officer, Fumbi Chima,...
Adidas has appointed a new chief information officer, Fumbi Chima, replacing Michael Vögele who has left the company at his own request. Reporting to Harm Ohlmeyer, chief financial officer, she will take responsibility for the IT department from Jan. 1. A native of Nigeria, Fumbi comes from the Fox Network ...
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News briefs
Adidas is partnering with Foot Locker to launch the new...
Adidas is partnering with Foot Locker to launch the new Adidas Asterisk Collective, a platform empowering creative partners to propose initiatives that aim to positively impact communities all over the world. To celebrate the launch, the two companies tapped three musicians – Kid Cudi, Raury and H.E.R. – as well ...
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News briefs
Adidas has entered into a “perpetual, legacy partnership” with Stan...
Adidas has entered into a “perpetual, legacy partnership” with Stan Smith, the two-time Grand Slam tennis champion whose career lasted from 1969 to 1985. Adidas first collaborated with Smith on a famous shoe style in 1973 and is now releasing an updated version, with leather upper, rubber cupsole and white ...
