Retail insights from the sporting goods industry – Page 173
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Article
Adidas is urged to speak out over Qatar
Campaigners are stepping up pressure on the sponsors of Fifa, the global football organization, to speak out about the conditions faced by migrant workers on World Cup infrastructure construction sites in Qatar, where the football World Cup is to be held in 2022.The latest campaign was launched at a press conference ...
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News briefs
The Adidas Group reiterated this week that it has no...
The Adidas Group reiterated this week that it has no intention of selling Reebok, after the owner of CrossFit told a reporter that he would like the fitness brand to come under fresh ownership. Reebok became a partner for CrossFit under a ten-year agreement started in 2010, and the huge ...
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News briefs
The Adidas Group's chief executive, Herbert Hainer, said at the...
The Adidas Group's chief executive, Herbert Hainer, said at the company's shareholders meeting on May 7 that it has appointed Perella Weinberg Partners as an adviser. The move comes after reports of interest by activist hedge funds. Southeastern Asset Management (SAM), which owns just over 3 percent of Adidas, has ...
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News briefs
Marks & Spencer has reportedly teamed up with Norman Walsh...
Marks & Spencer has reportedly teamed up with Norman Walsh Footwear, an upmarket British sports footwear company with production facilities in Britain. The Daily Telegraph reports that M&S is to sell a range of eight models at about £110 per pair under its Best of British label. The tie-up will ...
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News briefs
New Balance has announced plans for a flagship store on...
New Balance has announced plans for a flagship store on London's Oxford Street, which should open around the middle of next year. The store on the ultra-busy shopping street is to cover 1,200 square meters. The displays will highlight the company's innovation as well as that it manufactures in England. ...
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Short stops
Intersport Italia has announced the opening of yet another franchised...
Intersport Italia has announced the opening of yet another franchised Intersport store in the Sicilian town of Enna
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News briefs
Hervis continues to expand outside Austria by opening its fifth...
Hervis continues to expand outside Austria by opening its fifth store in Bavaria later this year, most likely in the autumn. The discount-oriented chain has rented a 1,000-square-meter space in a shopping center in Neumarkt.
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News briefs
Herman van Beveren, chief executive of Decathlon in Belgium, told...
Herman van Beveren, chief executive of Decathlon in Belgium, told the Belgian newspaper Le Soir that the French retailer could expand by another 40 stores in the small country. Decathlon has already reformed the Belgian sports retail landscape in the last years by expanding to 23 stores. The latest store, ...
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News briefs
Two major foreign sports retailers are planting their stores in...
Two major foreign sports retailers are planting their stores in the Paunsdorf Center of Leipzig, according to SAZ. One is Decathlon, which has reportedly rented space in the East German shopping mall to open a 4,200-square-meter store in the autumn. The other one is A3 Sport, a Czech retailer that ...
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News briefs
Go Sport, the French sports retailer, is opening two more...
Go Sport, the French sports retailer, is opening two more stores in Poland, to form a network of 28 stores. Covering 1,255 square meters, the first store is located in the northern Polish town of Elbag, in the Ogrody shopping arcade. The second store of about 1,224 square meters is ...
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News briefs
Rebel Sports stores in New Zealand raised their turnover by...
Rebel Sports stores in New Zealand raised their turnover by 10.9 percent to 46.7 million New Zealand dollars (€30.5m-$34.9m) in the three months ended April 26, which is the first quarter of its fiscal year. The Briscoe Group, which operates Rebel Sports stores in New Zealand, reported that same-store sales ...
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Short stops
Teva is setting up a 16 m² pop-up shop in...
Teva is setting up a 16 m² pop-up shop in Citadium, the big urban sports fashion store in central Paris
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News briefs
The first permanent European physical store of Timbuk2 has opened...
The first permanent European physical store of Timbuk2 has opened in Reykjavik, the capital of Iceland. It features an area for the customization of messenger bags, which will be made in San Francisco and delivered within 7 to 10 days.
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News briefs
The Adizero 99g was launched by Adidas last month as...
The Adizero 99g was launched by Adidas last month as the world's lightest football boot. The retail launch consisted of just 299 pairs of men's shoes in size 9, as part of the Limited Collection series of super-small drops. With about half the weight of standard football cleats and less ...
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News briefs
Net-a-Sporter, the activewear section of the Net-a-Porter web store launched...
Net-a-Sporter, the activewear section of the Net-a-Porter web store launched last July, is reportedly registering higher sales results than expected. The number of brands offered on the website has risen from 16 to 61. According to WWD, 60 percent of the offer consists of sports-inspired lifestyle products. They are relatively ...
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News briefs
Vibram has revamped its store in Boston's Newbury Street, adding...
Vibram has revamped its store in Boston's Newbury Street, adding a “Sole Factor” space where customers can customize their shoes with a variety of Vibram soles. It also features a new gallery displaying more than 150 pairs of shoes developed with Vibram soles since the original “Carrarmato” sole introduced by ...
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Article
Adidas Group regains impetus
The Adidas Group has delivered a vigorous sales and profit increase for the first quarter, with improvements in all markets other than Russia and the golf business. The group's sales jumped by 17.3 percent to €4,083 million, which was an increase of 9 percent in constant currencies, and its underlying ...
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Article
New Adidas reporting reveals regional margins
A new reporting structure adopted by the Adidas Group delivers unprecedented details about the company's sales and profit margins by brand and by regional unit – revealing just how juicy its business is in Russia and China and the distance between the Adidas and Under Armour brands in North America ...
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Article
Adidas stores to phase out plastic bags
The Adidas Group has inked a partnership with Parley for the Oceans, an initiative that is meant to preserve oceans through education and research as well as direct actions against plastic pollution in the oceans.It should lead to the creation of materials made out of ocean plastic waste, to be ...
