Retail insights from the sporting goods industry – Page 122
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News briefs
Instead of extending a contract with Adidas, Naomi Osaka has...
Instead of extending a contract with Adidas, Naomi Osaka has preferred to sign a new sponsorship deal for footwear and apparel with Nike. Adidas had reportedly offered to pay between $8.5 million and $10 million per year for the Japanese tennis star, who beat Serena Williams at the U.S. Open ...
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News briefs
Adidas is continuing its collaboration with MTV. Part of their...
Adidas is continuing its collaboration with MTV. Part of their skateboarding line, the company has launched a second “Beavis and Butt-Head” collection with two sneaker models and four apparel styles. The cult comic series has been airing again since April on Germany's free MTV channel.
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Adidas Golf has extended its partnership with England Golf, which...
Adidas Golf has extended its partnership with England Golf, which began in 2015, through to 2020
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News briefs
Adidas has partnered with the New Zealand men's rugby union...
Adidas has partnered with the New Zealand men's rugby union team, the All Blacks, to design new training apparel for the team made from recovered ocean plastic. The jersey is part of the first Adidas Parley rugby collection, which continues the brand's relationship with Parley for the Oceans, the ocean ...
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News briefs
The Austrian sports retail chain Hervis announced further expansion in...
The Austrian sports retail chain Hervis announced further expansion in Austria, Germany and Romania. On April 8, a new branch opened in Kempten, Germany; six branch openings are scheduled for Romania; and the stores in Austria are being expanded and converted. In Austria and Germany, the company reported a substantial ...
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News briefs
The National Basketball Association (NBA) has opened its largest store...
The National Basketball Association (NBA) has opened its largest store outside North America. Located at the Intime Mall in Beijing, the store has a floor space of 1,145 square meters. It is operated by Topsports, China's largest retailer of sporting goods and a wholly owned subsidiary of Belle International Holding, ...
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News briefs
Canada Goose is opening six stores in the autumn/winter of...
Canada Goose is opening six stores in the autumn/winter of 2019: two in Europe, one in the U.S. and three in Canada. The European stores will be located in Milan's Fashion District and on the Rue Saint-Honoré in Paris. The American store, at the Mall of America in Minneapolis, will ...
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Blue Tomato has launched its own exclusive streetwear label for...
Blue Tomato has launched its own exclusive streetwear label for men and women, called Kazane
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News briefs
Decathlon has launched its own brand for cross-country skiing, called...
Decathlon has launched its own brand for cross-country skiing, called Inovik. The French sports retailer's house brands already cover both traditional cross-country skiing and skate skiing. Back-country skiing is set to follow in the winter 2019/20 season and a biathlon line in 2021. The novelty for the current season is ...
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News briefs
Nike is the most searched for brand of sneakers in...
Nike is the most searched for brand of sneakers in Italy, followed by Balenciaga, according to a recent ranking by Lyst, the global fashion search engine. Nike emerged as the most searched sneaker brand in seven Italian regions out of 20, thanks to its Air Vapormax, Air Max 97, Air ...
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News briefs
Columbia inaugurated a new store in London's iconic Carnaby Street...
Columbia inaugurated a new store in London's iconic Carnaby Street on March 28 to sell a full collection of premium apparel, footwear and accessories. The 230-square-meter store will host a dedicated launch event on April 6, with more in-store events scheduled to take place throughout the summer.
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News briefs
Karstadt Sports is ending its cooperation with Intersport, which was...
Karstadt Sports is ending its cooperation with Intersport, which was only established in January 2018. This step is a consequence of the merger of Karstadt and Kaufhof and a plan to convert some stores of the less successful outlet chain Saks Off 5th into additional sports stores. With the larger ...
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Article
Weak sales at a regional Russian sports retailer
In 2018, the Russian regional sporting goods retailer Champion closed one of its biggest stores in the country as the expectations about the future of the domestic market remained rather gloomy.In total, Champion operated 27 stores from Samara in the Volga federal district to Krasnoyarsk in Siberia at the end ...
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Adidas is celebrating the 25th anniversary of its Predator football...
Adidas is celebrating the 25th anniversary of its Predator football boot with three limited-edition boots and a commercial featuring Zinedine Zidane and David Beckham
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News briefs
Adidas has named the candidates standing for election to its...
Adidas has named the candidates standing for election to its supervisory board at the annual general meeting on May 9, as Frank Appel, Katja Kraus and Willi Schwerdtle will not be standing for reelection. New on the board would be Jing Ulrich, managing director and vice chairman for Asia-Pacific at JPMorgan ...
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News briefs
Adidas has announced a multiyear partnership with Alex Bregman. The...
Adidas has announced a multiyear partnership with Alex Bregman. The baseball star from Albuquerque, New Mexico, who plays for the Houston Astros, will be featured in upcoming Adidas brand marketing campaigns. The player will also collaborate on the creation of future baseball products. Bregman made his debut in Major League ...
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News briefs
Adidas has announced in a tweet that its sponsored players...
Adidas has announced in a tweet that its sponsored players on the winning team in the upcoming 2019 Fifa Women's World Cup, starting in France on June 7, will get the same performance bonus as their male counterparts. The announcement was made just hours after it was revealed that the ...
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Article
A record Ebit margin for Adidas
The Adidas Group reported last week a 20 percent increase in net income to €1,709 million from continuing operations for 2018. Excluding losses from discontinued operations – which, as a result of last year's divestiture of Rockport, declined last year to €5 million from €254 million the year before – ...
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News briefs
Decathlon has confirmed its selection of the Bay Area for...
Decathlon has confirmed its selection of the Bay Area for its first major brick-and-mortar store in the U.S. There will be a three-day grand opening starting on Friday, April 12, at 3938 Horton Street in the East Bay Bridge shopping center in Emeryville, just outside Oakland, California. At 47,000 square ...
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Fjällräven, the outdoor brand in Fenix' portfolio, will open two...
Fjällräven, the outdoor brand in Fenix' portfolio, will open two shops in France, one in Lyon, the other in Paris