Retail insights from the sporting goods industry – Page 165
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News briefs
Robin Stalker, chief financial officer at the Adidas Group, told...
Robin Stalker, chief financial officer at the Adidas Group, told The Financial Times that the company was not facing pressure to divest activities. Speculation has been reported about such pressure after several influential investors built up stakes in Adidas this year: Southern Asset Management (SAM) in the U.S. and investment ...
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News briefs
Adidas has signed up Nick Young from the Los Angeles...
Adidas has signed up Nick Young from the Los Angeles Lakers, as part of its latest drive to invest in prominent U.S. team sports players. Young announced the deal when he turned up at a game against the Houston Rockets donning a pair of Adidas Yeezys, the shoes designed for ...
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News briefs
The China-based Alibaba Group has appointed a former U.S. federal...
The China-based Alibaba Group has appointed a former U.S. federal prosecutor, Matthew Bassiur, to lead a team that will work to enforce intellectual property protection at the company, in cooperation with international brands and retail partners, industry associations, government regulators, law enforcement agencies and other organizations. The move follows renewed ...
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News briefs
E-commerce in the Asia-Pacific region is expected to rise by...
E-commerce in the Asia-Pacific region is expected to rise by 35.7 percent in 2015, according to new figures from eMarketer. With sales hitting $877 billion, the region will be the largest e-tail market in the world. The growth is mostly driven by the rising middle classes in China, India and ...
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Burton has opened two stores in Switzerland, in Flims and...
Burton has opened two stores in Switzerland, in Flims and in Laax, offering a full range of Burton and Anon products
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News briefs
Snipes, the German-based chain of sneaker stores, is reportedly planning...
Snipes, the German-based chain of sneaker stores, is reportedly planning to launch a women-specific format of shoe stores under a different name, which would also offer high-heeled shoes and clothing. Meanwhile, Snipes has opened its first Spanish store in the Gran Casa shopping center of Zaragoza. It is said to ...
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News briefs
Zalando is taking over Nugg, a German company that supplies...
Zalando is taking over Nugg, a German company that supplies targeted digital marketing solutions, from the German Post Office, in order to address specific target groups in different ways. In the U.S., meanwhile, Amazon is reportedly planning to set up its own fleet of cargo airplanes to avoid delayed deliveries ...
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News briefs
El Corte Inglés has started to offer home delivery within...
El Corte Inglés has started to offer home delivery within two hours for items ordered through its website. The service is limited for the moment to the cities of Madrid, Barcelona, Valencia, Málaga, Sevilla and Bilbao. The initiative is regarded as a pre-emptive move against Amazon, which is reportedly considering ...
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News briefs
One of the two Go Sport stores in Dubai has...
One of the two Go Sport stores in Dubai has been reopened and is now the largest one in the French retail group's chain with a total surface of 3,200 square meters. Operated by its master franchisee for the Gulf States, Al Mana Fashion Group, the store has benefited from ...
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Skullcandy has a new flagship store in the Shibuya fashion...
Skullcandy has a new flagship store in the Shibuya fashion district of Tokyo
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Toni Sailer has opened his first store, located in the...
Toni Sailer has opened his first store, located in the Austrian resort of Kitzbühel, featuring his collection
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Lotto has opened its first store in Hong Kong...
Lotto has opened its first store in Hong Kong
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Zimstern has opened a store in Munich and one in...
Zimstern has opened a store in Munich and one in Davos, Switzerland
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Go Sport has installed e-commerce kiosks in 40 of its...
Go Sport has installed e-commerce kiosks in 40 of its stores in France as part of a new omni-channel strategy
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News briefs
Adidas has announced the acquisition of a new building next...
Adidas has announced the acquisition of a new building next to its campus in North Portland, Oregon as part of an expansion of its North American operations. It will accommodate about 150 employees on 25,000 square feet of office space, adding to the five existing buildings of the local Adidas ...
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Article
Adidas tries to deal with margin pressure
As labor costs are seen rising at a compound annual rate of 13 to 15 percent, and material costs by between one and four percent a year through 2020, the Adidas Group has told investors that it is rearranging its sourcing strategy, while adjusting its product mix and planning significant ...
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News briefs
Herbert Hainer, chief executive at the Adidas Group, denied a...
Herbert Hainer, chief executive at the Adidas Group, denied a report in The New York Post that it was preparing a sale of Reebok CCM Hockey in another effort to simplify its business. He acknowledged in a press briefing earlier this month that several parties were interested in the ice ...
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News briefs
Adidas has plans to open a flagship store opposite the…
Adidas has plans to open a flagship store opposite the Selfridges department store on Oxford Street in London. Pre-letting agreement has been inked and consultations have started with the local community and stakeholders. If the plans are approved, the flagship store in this prestigious location could open in 2018. The ...
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Decathlon has been testing the Australian market through a web...
Decathlon has been testing the Australian market through a web store supported by communication through the social media since the start of 2014, sportguide.com has revealed
