All Ukraine articles
-
News briefsAdidas Originals collaborates with Ukrainian design label
Source: Adidas Adidas Originals x Kseniaschnaider apparel collection Adidas Originals and the progressive Ukrainian label Kseniaschnaider have teamed up to present a “daring collaborative collection featuring a host of imaginatively unconventional garments, footwear, and accessories.” Founded in 2011 by Ksenia and Anton Schnaider, Kseniaschnaider is an independent ...
-
ArticleAdidas to sell Russian business
Adidas mulls selling its Russian business to another foreign investor or passing it to local management, Russian newspaper Kommersant reported, citing sources on the local market. One of the sources claimed that the eventual target is to relaunch the 100 most profitable stores, which have stood idle since October 2022. ...
-
ArticleDecathlon goods return to Russia
Russian marketplace CDEK.Shopping has started selling Decathlon merchandise in Russia, the company said on March 10. Currently, nearly 50,000 items, or 80 percent of Decathlon’s total assortment, are available to Russian customers. The offer includes items under the Decathlon and Quechua brand names as well as Regatta, Hummel, Caperlan, Domyos, ...
-
ArticleRussia considers more tariffs on sporting goods from ‘unfriendly countries’
Russia is contemplating the imposition of protective tariffs on sporting goods imported into the country from “unfriendly countries,” according to Dmitry Kolobov, head of the Department of Important Social Goods at the Russian Ministry of Industry and Trade. Affected countries, in the Russian government’s view, are those that it says ...
-
News briefsUkraine could boycott Paris 2024 if Russia and Belarus are allowed to compete
The Ukrainian sports minister, Vadym Guttsait, has warned that the country could boycott the 2024 Paris Olympics if athletes from Russia and Belarus are allowed to compete. The announcement comes on the heels of the International Olympic Committee (IOC) on Jan. 25, saying it was favoring “a pathway for athletes’ ...
-
News briefsSportmaster launches winter gear rental service
Sportmaster, Russia’s largest sporting goods retailer, has launched a new winter equipment rental service. Available items include snowboards, cross-country skis, skates and field hockey equipment. For example, a Termit Fastlane snowboard with Stream bindings can be rented for 310 rubles (€4.20) per day or 5,850 rubles (€78.70) per month. Nordway ...
-
ArticleThe crisis is shaping supply on the Russian sporting goods market
Western brands are increasingly withdrawing from the Russian market, while local brands are reportedly expanding their presence. Helly Hansen joins a long list of Western companies that have severed ties with the Russian market by selling its business to top local managers. Russian newspaper Vedomosti believes the value of the ...
-
News briefsNike stores in Russia reopen under new name
The first Nike store was re-opened in Russia under the banner “NSP” (Nike Sport Point) in the Belaya Dacha Outlet Village in Moscow. The store manager, Diana Tesnitskaya, told the news agency Ruptly that the store opened on the premises of the former one. “The goods are all the ...
-
News briefsMore sanctions against Belarus considered
The European Union will examine the possibility of imposing sanctions against Belarus for its role in supporting Russia in its war against Ukraine, according to Czech prime minister Petr Fiala. The Czech Republic holds the rotating presidency of the European Union. “We are currently examining […] Belarus’ role and the ...
-
News briefsGermany decides on energy price cap, effective 2023
German energy price caps announced by Chancellor Olaf Scholz to mitigate the impact of inflation will go into effect in early 2023, according to a government timetable. The gas price effect is set to go into effect on Jan. 1 for large companies and on March 1 for households and ...
-
ArticleMobilization spurs demand for sports and outdoor products on the Russian market
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
-
ArticleSanctions deprive Russian athletes of much-needed apparel
Russian athletes barred from most international competitions following the Russian invasion of Ukraine now experience a shortage of apparel for training and performing. To meet the demand for athletic apparel for the near future of the Russian Olympic sports federations, investments of 2.5 billion roubles (€42m) are required, said Vasily ...
-
News briefsUkraine joins Spain and Portugal’s bid for 2030 FIFA World Cup
Spain and Portugal have added Ukraine to their joint bid to co-host the 2030 FIFA World Cup. The news, unveiled by The Times, was confirmed by the presidents of the three countries’ football federations at a joint press conference at UEFA headquarters in Nyon, Switzerland, on Oct. 5. The Spanish ...
-
News briefsSkechers expects situation in China to ease
Skechers still sees the international market as key to its goal of reaching $10 billion in sales by 2026, despite ongoing headwinds in China. The company said at the Goldman Sachs Global Retailing Conference that it expects the situation in the People’s Republic to improve within two quarters. It will ...
-
News briefs
Geopolitical challenges affecting preparations for 2024 Paris Games
Tony Estanguet, president of the Paris 2024 Olympic and Paralympic Games Organizing Committee, called for additional sponsors to keep the momentum going. Speaking at a plenary session of the coordinating commission, also attended by the IOC, Estanguet pointed out that the current global geopolitical and economic problems are impacting preparations ...
-
ArticleReducing energy costs in European retail: a colder, darker winter
With energy prices skyrocketing and the need to replenish gas reserves before winter, everyone is doing their part, and global energy conservation measures have already been taken in the retail sector. While customer service and satisfaction are top priorities in retail, stakeholders may be reluctant to engage in actions that ...
-
News briefsRussia hopes to return Western brands
Russian marketplaces Ozon and Yandex Market have started importing goods without the permission of the brand’s owner, commonly known as a parallel import. The new mechanism approved by the Russian government in March of 2022, in the wake of Western sanctions and a mass exodus of foreign brands from the ...
-
News briefsNike to exit Russia for good
According to multiple published reports, Nike, three months after suspending operations in Russia, has decided to exit the country altogether. Slated to report its fourth quarter and full fiscal year results on Monday, Nike’s planned withdrawal follows that of other U.S. firms, such as Coca-Cola, McDonald’s and Google, who have ...
-
News briefsFischer plant in Ukraine reportedly continues to operate
According to an online report by Italian trade publication Outdoor Magazine, the ski manufacturing facility in Mukachevo, Ukraine, is continuing operations during the country’s conflict with Russia, although with some limitations due to the current situation. The plant, owned by Austrian company Fischer Sports, produces skis and snowboards for its ...
-
News briefsTurkish footwear retailer apparently plans to take over 100 Reebok stores in Russia
According to Reuters, Turkish footwear retailer Flo Magazacilik is reportedly in the midst of negotiations to acquire more than 100 stores that Reebok owns and operates in Russia. The retailer is currently a wholesaler in Russia but does not operate its own stores there in the country. Authentic Brands, owner ...
