Retail insights from the sporting goods industry – Page 154
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Short stops
Fred Perry is opening its first store in Vietnam, located...
Fred Perry is opening its first store in Vietnam, located in the refurbished Saigon Center shopping mall
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News briefs
Nike and Adidas will both sponsor the 2016 International Gay...
Nike and Adidas will both sponsor the 2016 International Gay and Lesbian Football Association World Championship, which will take place in Portland, Oregon on Aug. 6-13. Adidas' U.S. headquarters is located in Portland while Nike's corporate headquarters is located nearby, in Beaverton. The championships, which is expected to attract around ...
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News briefs
SportScheck is closing down its 5,500-square-meter store in Essen, considering...
SportScheck is closing down its 5,500-square-meter store in Essen, considering that it was too big to operate. The German sporting goods retailer, which is pushing omni-channel retailing, will thus reduce the number of its stores to 19. It opened two new stores of half the size in Mönchengladbach and Aachen ...
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Article
Adidas expands its Kanye West deal
The partnership between Adidas and Kanye West, which has been instrumental in sustaining the brand's heat in the U.S. market last year, is to be reinforced with the launch of Adidas + Kanye West – a partnership run by a separate business entity, involving dedicated stores and a Yeezy-branded product ...
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Article
Wide-ranging contract between Adidas and Wanda in China
The Adidas Group has struck a wide-ranging deal with the Wanda group, the largest real estate conglomerate in China, to support the development of football and basketball as well as the Adidas brand's retail business in the country.The Wanda group has been increasingly investing in the sports market in the ...
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Short stops
Adidas has completed a first step in the sale of...
Adidas has completed a first step in the sale of Mitchell & Ness to an American group led by an industry veteran, Kevin Wulff
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News briefs
Jean-Michel Granier, who has been heading up the Adidas Group...
Jean-Michel Granier, who has been heading up the Adidas Group in South Korea for the last two years, has been appointed as the group's managing director for Latin America from the start of July. Granier previously ran the Adidas Group's subsidiary in Italy and then became managing director for south ...
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News briefs
Adidas has launched its first line of shoes with Gore-Tex...
Adidas has launched its first line of shoes with Gore-Tex Surround technology. Ecco and Lowa have expanded their own ranges of casual Gore-Tex Surround shoes. The new breathable technology is now embedded in more than 350 models of shoes by 52 brands around the world.
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News briefs
Alibaba has unveiled a new online system to help detect...
Alibaba has unveiled a new online system to help detect and remove fakes. The announcement was made by the company at the inaugural Rights Holders Collaboration Summit it was hosting in its hometown Hangzhou, China on July 1. The new “IP Joint-Force System” is an online platform designed to make ...
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Short stops
Animal is organizing a yoga session to celebrate the opening...
Animal is organizing a yoga session to celebrate the opening of its store in the Bluewater shopping center in England this coming Saturday
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News briefs
New Balance has announced the opening of its first U.S....
New Balance has announced the opening of its first U.S. global flagship store at Boston Landing. The 6,566-square-foot store is located in the Brighton neighborhood, at 140 Guest Street, and has been designed to offer an immersive and interactive brand experience. Customers can buy women's training and studio products, baseball, ...
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News briefs
Arc'teryx is stepping up its long-term relationships with Chamonix with...
Arc'teryx is stepping up its long-term relationships with Chamonix with the opening of its first French Arc´teryx partner store later this year. Five years ago, the Canadian technical outdoor brand chose Chamonix for its Alpine Academy. The fifth edition of the academy, which was held on June 16-19, attracted 360 ...
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News briefs
JD Sports Fahion confirms a report in CMD Sport that...
JD Sports Fahion confirms a report in CMD Sport that it has acquired control of SportIbérica, the Portuguese company that has the license for The Athlete's Foot in the country. JD's Spanish subsidiary will run its 12 TAF stores under their current banner before transitioning them to the JD format. ...
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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
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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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
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 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, ...