Retail insights from the sporting goods industry – Page 158
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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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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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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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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 ...
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News briefs
Adidas has announced that Benjamin Proud and Andrew Willis have...
Adidas has announced that Benjamin Proud and Andrew Willis have joined its team of swimmers, only a few weeks ahead of the Rio Olympics. The two British swimmers will wear the recently launched adizero XVI swimsuit. Proud, aged 19, won two gold and a bronze medal at the 2014 Commonwealth ...
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Adidas has signed up a supermodel, Karlie Kloss, as the...
Adidas has signed up a supermodel, Karlie Kloss, as the ambassador for the next autumn/winter collection of its Adidas by Stella McCartney collection
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Fusalp has opened a store in Annecy, the French town...
Fusalp has opened a store in Annecy, the French town where the brand was born in 1952
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News briefs
Decathlon has started building a new logistics center in Dortmund,...
Decathlon has started building a new logistics center in Dortmund, which should cover about 32,000 square meters and employ up to 700 people. The group already has a warehouse of roughly the same size and 550 employees in Schwetzingen, near Mannheim, but the new facility is to cover stores in ...
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News briefs
Zalando has posted preliminary figures showing that its revenues in...
Zalando has posted preliminary figures showing that its revenues in the second quarter grew by between 24.0 and 26.0 percent over the year-ago quarter to €909-€924 million. The online fashion retailer expects to report adjusted earnings before interest and taxes (Ebit) of €68 to €88 million for the period - ...
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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 ...
