Retail insights from the sporting goods industry – Page 143
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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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Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper...
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper for the Bournemouth team and the Polish national team
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Adidas trails only the police for attractiveness as a future...
Adidas trails only the police for attractiveness as a future employer in the opinion of German students. In a recent survey on careers conducted with more than 20,000 students between the ages of 13 and 18, the sports brand was ranked first in the fashion industry and second overall out ...
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Confirming its master franchising agreement with the Falaknaz Sports Group...
Confirming its master franchising agreement with the Falaknaz Sports Group for the Gulf States (SGI Europe, vol. 28 – 5+6 of Feb. 22), Sport 2000 International unveils a plan to establish 30 Sport 2000 stores in the region over the next five years – 11 in the United Arab Emirates, ...
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Foot Locker has launched e-commerce in Australia
Foot Locker has launched e-commerce in Australia
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Zalando plans to open two large new fulfillment centers in...
Zalando plans to open two large new fulfillment centers in Italy and Poland later this year
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Rip Curl has opened its web store in Indonesia...
Rip Curl has opened its web store in Indonesia
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As predicted, Zalando's growth softened in the second quarter, rising...
As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...
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Arc'teryx has opened a 3,300-square-foot store in the La Brea...
Arc'teryx has opened a 3,300-square-foot store in the La Brea district of Los Angeles
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Moncler has opened a 500-square-meter store in the important Harbour...
Moncler has opened a 500-square-meter store in the important Harbour City shopping mall of Hong Kong
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Article
Adidas raises guidance, sells CCM Hockey
The Adidas Group has again raised its guidance for the full year, after its sales increased by 20 percent to €5.0 billion for continuing operations in the second quarter, up by 19 percent in constant currencies, and operating profit surged by 18 percent to €505 million.The group issued preliminary figures ...
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Adidas has developed its first laceless running shoe as part...
Adidas has developed its first laceless running shoe as part of its Ultraboost range, using an advanced Primeknit contruction and new yarn engineering for more compression and support. Aramis motion tracking technology has allowed the brand's designers to integrate key support features and other functions based on an analysis of ...
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Adidas has signed a multi-year sponsorship agreement with USA Volleyball,...
Adidas has signed a multi-year sponsorship agreement with USA Volleyball, covering the men's and women's teams and the beach volleyball teams. The junior and Paraympic teams are also included in the deal. Adidas will also sponsor Lauren Carlini, a female player from Wisconsin who earned four All-America honors during her ...
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Article
Competing with Amazon, Zalando goes premium
Zalando, which is also a major client for sports apparel and footwear brands in Europe, suffered one of its worst days of trading in more than two years, with the share price dropping by 8.2 percent, as the German-based e-commerce giant reported an unexpectedly strong slowdown in its growth. In ...
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Yet another Spanish buying group, Anzamar, is launching a chain...
Yet another Spanish buying group, Anzamar, is launching a chain of sneaker stores, called Black Laces. The first one opened earlier this month in the Bahia Plaza shopping mall of Cádiz. Another buying group, Atmósfera Sport, has launched a similar concept, Atmósfera Sport Black, as an internet store. A bigger ...
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Stag, the British buying group for independent retailers, reports a...
Stag, the British buying group for independent retailers, reports a record turnover of £275 million (€307m-$361m) for its retail members in the U.K. and €80 million for its retail members in the Republic of Ireland. Sales increased from £250 million and €78 million, respectively, in spite of a small decline ...
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Carl-August Seibel and Philip Seibel will open a sneaker store,...
Carl-August Seibel and Philip Seibel will open a sneaker store, called Fourty Tree, in Hauenstein on July 22. Covering 200 square meters, the store will feature apparel and shoes of brands such as Adidas, Puma, Nike, Reebok and Diadora. Carl-August Seibel is the chief executive of the Josef Seibel Group, ...
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Retail Trends reports that Sportsworld, the Dutch chain of sports...
Retail Trends reports that Sportsworld, the Dutch chain of sports megastores, is preparing to open a sixth store in the center of Purmerend, on the site of a former V&D department store
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The Paris Saint-German football club, which is sponsored by Emirates...
The Paris Saint-German football club, which is sponsored by Emirates and Nike, has opened its first pop-up store in the artistic Wynwood district of Miami, Florida
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News briefs
Zalando continues its shopping spree with the takeover of yet...
Zalando continues its shopping spree with the takeover of yet another start-up, Anatwine. The European e-commerce giant first acquired a 20 percent stake in this British software firm in May, but announced in July that it was taking over the company entirely. The purchase price has not been made public. ...
