Retail insights from the sporting goods industry – Page 157
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News briefs
Adidas has begun a search for a permanent replacement for...
Adidas has begun a search for a permanent replacement for Chris Grancio, who is leaving as the company's global head of basketball. He has been overseeing Adidas' NBA deal and relations with basketball players since May 2014. Rebecca Jury, vice president of product in Adidas' basketball division, is taking over ...
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News briefs
Major League Baseball has opened its first stand-alone space in...
Major League Baseball has opened its first stand-alone space in Europe as a pop-up store in the Covent Garden district of London. It will stay open until the end of this year. Reportedly, MLB was going to hold a professional game in London before the end of 2017, but the ...
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News briefs
The first flagship store of Bergans of Norway recently opened...
The first flagship store of Bergans of Norway recently opened its doors, covering 800 square meters on two floors at a strategically location near Oslo's City Hall. It displays the entire product range of the Norwegian company - both hardware and softgoods. The store is meant to portray Bergans as ...
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News briefs
An Adidas veteran, Timo Pape, has joined Odlo International in...
An Adidas veteran, Timo Pape, has joined Odlo International in the new position of brand director, responsible for category management, design and marketing. He had been assisting Odlo in these areas and in communication since last year. After working for seven years at Adidas in Portland and Herzogenaurach, and two ...
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News briefs
Adidas has launched a new sub-category of apparel, Athletics, which...
Adidas has launched a new sub-category of apparel, Athletics, which is meant to be worn by athletes before and after their game or competition. This contemporary take on pre-game wear was launched at an event in New York last week with a U.S. track athlete, Tori Bowie, Andrew Wiggins of ...
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News briefs
Zalando posted a 25 percent sales increase to €916.4 million...
Zalando posted a 25 percent sales increase to €916.4 million for the second quarter against the same period of 2015. Earnings before interest and taxation (Ebit) almost tripled to €80.9 million. The Berlin-based fashion e-tailer said the number of active customers grew to 18.8 million by the end of the ...
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News briefs
Adidas has announced it will open its first Speedfactory for...
Adidas has announced it will open its first Speedfactory for the U.S. market in the Atlanta, Georgia area in 2017. The purpose of the new highly automated shoe factory is to allow the sporting goods giant to create products faster and closer to its consumers in the U.S., with more ...
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Short stops
Adidas Originals is opening this week a new flagship store...
Adidas Originals is opening this week a new flagship store on Spring Street in New York City
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Article
Hainer delivers a “fantastic” last quarter at Adidas
Herbert Hainer, departing chief executive of the Adidas Group, said that he “saved the best for last” as he outlined the company's outstanding performance for the second quarter. As previously announced, ample gains in sales and profits for the three months led to another upgrade in the group's forecast for ...
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Short stops
Lululemon, which already has six stores in the U.K., has...
Lululemon, which already has six stores in the U.K., has opened its first department store concession at Harrods in London
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Short stops
Skechers has opened a big flagship store inside the new...
Skechers has opened a big flagship store inside the new shopping district at One World Trade Center in New York City
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Short stops
Munich, the Spanish brand of sneakers, has opened its first...
Munich, the Spanish brand of sneakers, has opened its first concept store in Andorra
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Short stops
Descente has opened its first brand store in China, located...
Descente has opened its first brand store in China, located in the Changchun Charter shipping center, through its joint venture with Anta Sports
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Short stops
Moncler has now a store in the City Center DC,...
Moncler has now a store in the City Center DC, the first one in the Washington, DC area
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News briefs
JD Sports will have a second store on London's Oxford...
JD Sports will have a second store on London's Oxford Street, located within the West One shopping center above the Bond Street tube station. The retailer already has a store at the east end of Oxford Street.
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Article
Adidas raises its guidance
A few days before it was due to announce its quarterly performance on Aug. 4, the Adidas Group raised its guidance for the full year, on the back of a 13 percent sales increase to €4.4 billion in the three months to the end of June, and an operating profit ...
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Article
Adidas opens up and gets faster
The Adidas Group wants to get more creative talent involved in its product development, to invest over-proportionally in key cities and to speed up its production, in order to get closer to consumers. The initiatives form the three pillars of Creating the New, the strategic five-year plan unveiled by Adidas ...
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Article
Adidas expands head office to support ongoing growth
Adidas has recently laid the foundation stone for two new staff buildings at its headquarters in Herzogenaurach. “Campus Expansion South” is to include a new office building for more than 2,000 employees as well as an events building with a restaurant for the employees. The expansion will also involve the ...
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News briefs
Confirming an article in Boardsports Source, Adidas says it is...
Confirming an article in Boardsports Source, Adidas says it is building up a dedicated action sports team for Europe, the Middle East and Africa (EMEA) under the Adidas Originals umbrella, servicing primarily the skate and snowboard community. The Western Europe unit has been run since last year by Bjorn Wiersma, ...
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News briefs
Adidas has filed a new intellectual property lawsuit in the...
Adidas has filed a new intellectual property lawsuit in the U.S. District Court for the state of Oregon against Skechers, claiming that the design of the latter's “Mega Flex” shoe infringes on its “Springblade” concept. Last February, Adidas won a preliminary injunction against Skechers in another Oregon court case over ...
