Retail insights from the sporting goods industry – Page 154
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Article
Adidas reclaims European football market lead
Adidas claims that it has taken the lead in the European market for football shoes and that it should reach a new record turnover of €2.5 billion in the football category this year, up from €2.2 billion in 2015. This would be more than twice the sales that the company ...
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News briefs
Rolf Reinschmidt, who has driven the Adidas brand's business in...
Rolf Reinschmidt, who has driven the Adidas brand's business in the outdoor market since 2007, has relinquished this leadership role to become an internal consultant in the Adidas brand team from the start of June. Reinschmidt will not be replaced as outdoor general manager because the division was integrated into ...
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News briefs
Adidas has signed sponsorship deals with five of the projected...
Adidas has signed sponsorship deals with five of the projected top picks in the upcoming NBA draft: Brandon Ingram, Jaylen Brown, Jamal Murray, Dragan Bender and Kris Dunn. The German brand says they will help it to develop the world's best basketball gear. They will be featured in brand campaigns, ...
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News briefs
Adidas got some criticism on social media in connection with...
Adidas got some criticism on social media in connection with its initial ads for the promotion of Colombia's jerseys for Copa America. They spelled the country's name as Columbia. The Big a promptly apologized and reissued the ad with the correct spelling.
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News briefs
About 7,500 pairs of counterfeit Adidas Yeezy Boost 350 shoes...
About 7,500 pairs of counterfeit Adidas Yeezy Boost 350 shoes were seized by customs at the port of Hamburg. The unbranded shoes came from China and were intended for sale online. Although they were unbranded, they violated trademark law as the design was found to be the same of that ...
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Article
Adidas agrees to €200 million extension of its DFB deal
While Adidas is battling it out with Nike and other brands on the sidelines of the European football championships, it has bagged an agreement to extend its partnership with the German football federation (DFB) for four years until 2022, at a cost of about €50 million per year.The agreed annual ...
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News briefs
Soloporteros, the Spanish sporting goods retail chain with 12 stores,...
Soloporteros, the Spanish sporting goods retail chain with 12 stores, changes its name to Fútbol Emotion. Soloporteros (in English: only for goalkeepers) previously concentrated on offering products for a distinctive group of customers. Today, the Spanish chain offers products for all kinds of football players and other people active in ...
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Short stops
Cisalfa Sport has opened a new flagship store of 1,000...
Cisalfa Sport has opened a new flagship store of 1,000 square meters on Piazza Pattari in downtown Milan
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News briefs
Jaked will open two new stores in Milan in July....
Jaked will open two new stores in Milan in July. According to reports in Corriere della Sera, the stores will be located on corso Vercelli and corso Buenos Aires, with plans for more openings in Bologna and Napoli. The Italian sportswear brand, which was established in 2008, is owned by ...
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News briefs
North Sails plans to open its first German store in...
North Sails plans to open its first German store in Hamburg on June 23, to be followed by others in the country. The Italian company already has 45 stores in the rest of the world.
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News briefs
Evasion Running, a specialized Spanish retailer, has gone into receivership,...
Evasion Running, a specialized Spanish retailer, has gone into receivership, according to the Spanish media. The company had already closed two of its stores, in Barcelona and Valencia, leaving it with another store in Valencia and five franchises in Spain and France.
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News briefs
Topshelf, an established Dutch sports retailer with five megastores, has...
Topshelf, an established Dutch sports retailer with five megastores, has pounced on two top locations that became available earlier this year after the bankruptcy of Vroom & Dreesman (V&D), a major Dutch department store chain. Several Dutch newspapers report that Topshelf has taken over the leases of former V&D stores ...
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News briefs
Canada Goose has announced the opening of its first two...
Canada Goose has announced the opening of its first two stand-alone stores this coming autumn. The stores are set to open on New York's Wooster Street, in the heart of SoHo, and in the Yorkdale Shopping Centre in Toronto. Each store, covering a surface of more than 4,000 square feet, ...
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Article
Adidas to divest Mitchell & Ness
Adidas has entered into a definitive agreement to sell its Mitchell & Ness business to a newly-formed company owned by Juggernaut Capital Partners. Adidas said the sale of the Philadelphia-based apparel brand will allow the group to focus more aggressively on its core brands. Mitchell & Ness is best known ...
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News briefs
The Adidas Group says that its pilot plant for fast...
The Adidas Group says that its pilot plant for fast footwear production in Ansbach, Germany, is ready to start commercial production in 2017. The Speed Factory is to operate mostly with robots. The project was unveiled last year as part of the group's “Creating the new” strategy, which has speed ...
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News briefs
Closed for several weeks, Adidas' largest European store has reopened...
Closed for several weeks, Adidas' largest European store has reopened – a flagship outlet at the bottom of the Champs-Elysées in Paris. The store adopted the Home Court concept that was already implemented in Beijing, Madrid, Berlin and London, with features such as the Shoe Base, an interactive bar with ...
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News briefs
Mark King, president of Adidas North America, has reaffirmed the...
Mark King, president of Adidas North America, has reaffirmed the brand's strategy to sign dozens of endorsement deals with U.S. sports players in the coming years. The Adidas brand's sales shot up by 31 percent in North America in the first quarter of this year, but the rise was strongly ...
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News briefs
Igor Landau, supervisory board chairman of the Adidas Group, has...
Igor Landau, supervisory board chairman of the Adidas Group, has told the Frankfurter Allgemeine Sonntagszeitung that the company intends to stick with its partnership with Fifa, which runs until 2030, despite the governance issues that have been plaguing the football organization. Landau said that the company deplored what occurred at ...
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News briefs
Several heirs of Adi Dassler, the founder of Adidas, have...
Several heirs of Adi Dassler, the founder of Adidas, have teamed up to try and take more control of his legacy, according to Capital, the German magazine. Most of the heirs stayed away from the spotlight after the sale of Adidas in the early nineties by the four daughters of ...
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Short stops
Arc'teryx has opened its 7th U.S. store in the SoHo...
Arc'teryx has opened its 7th U.S. store in the SoHo district of Manhattan and plans to add two others before the end of the year in Chicago and Toronto
