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18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
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15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
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11/04/2024 Samsung adds more language availability within Galaxy AI ( Electronics )
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09/04/2024 Google Messages will soon start to warn you when tapping on links sent by unknown senders ( General )
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05/04/2024 Google’s “Find My Device” network reportedly launching in 3 days ( General )
04/04/2024 Instagram, Facebook, Whatsapp users are reporting a “Major Disruption” worldwide ( General )

Retail Asia15/05/2023

Footwear maker Pou Yuen Vietnam, the largest employer in HCMC, will lay off nearly 6,000 workers, or 10% of its workforce, amid a decline in orders. This is the biggest layoff of the Taiwanese company, a supplier to Adidas and Reebok, since its operation in HCMC in 1996. At a recent meeting with city authorities, […]

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Retail Asia13/12/2022

Some 130,000 workers at Taiwanese-invested footwear maker Pou Chen Vietnam, a contract manufacturer for giants like Nike, Adidas and Puma, will enjoy a 30% increase in Tet bonuses this year. That puts the annual windfall for employees at the global shoe supplier back to pre-Covid levels. Eight Pou Chen Vietnam factories in HCMC and four […]

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Retail Asia09/10/2022

Adidas says it is reviewing its Yeezy partnership with Kanye West days after he showed a “White Lives Matter” T-shirt design at Paris Fashion Week. The company did not mention the controversy but said “successful partnerships are rooted in mutual respect and shared values”. The rapper and fashion designer responded on Instagram, claiming the firm […]

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Retail Asia04/08/2022

Zalora Group has unveiled a supermarket-inspired pop-up store in collaboration with Adidas at Bugis Junction, Singapore. The Supermart by Zalora store is designed with a supermarket layout, featuring pop colours and Instagrammable corners. The pop up stocks more than 90 SKUs of Adidas, ranging from footwear, apparel, and accessories for men and women, and an […]

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Retail Asia27/06/2022

H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against companies that refuse to use Xinjiang cotton. Although it was open earlier this month, the three-storey building in downtown Shanghai was on Friday […]

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Retail Asia09/05/2022

Adidas lowered expectations for 2022 after a first-quarter slump as renewed COVID-19-related lockdowns in Greater China continues to hit the German sportswear company. First-quarter currency-adjusted sales shrank by 3% worldwide, to 5.3 billion euros ($5.58 billion), while profit from continuing operations fell 38%, to 310 million euros, it said on Friday. In Greater China, sales […]

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Retail Asia06/05/2022

Adidas, a global leader in the sporting goods industry, and Foot Locker, Inc. (NYSE: FL) (“Foot Locker”), the New York-based specialty athletic retailer, today announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship will establish Foot Locker as the lead partner for adidas in the […]

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Retail Asia19/04/2022

Sportswear label Adidas has collaborated with confectionery brand M&M’s to launch a limited-edition sneaker called Originals Forum Lo 84, inspired by the chocolate brand’s distinctive packaging. The sneakers feature a yellow rubberized leather complemented by bounded TPU 3-Stripes branding and a high heel. Both are drawn on M&M’s Peanut variant packaging. The “M” letter is […]

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Retail Asia09/03/2022

Adidas has replaced its China chief, it said on Tuesday, as the German sportswear brand looks to revive sales in the world’s second-largest economy. The company has appointed Adrian Siu to take over from Jason Thomas, who became Adidas Greater China’s managing director in 2019, it said. Siu has held multiple roles with Adidas in […]

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Retail Asia18/02/2022

German sportswear company Adidas said on Thursday it would grow in its key market of China in 2022 even after it was hit by renewed pandemic restrictions and the aftermath of a consumer boycott of Western brands. The comments come after Manager Magazin reported Adidas expects sales in China to be down 400 million euros […]

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Retail Asia18/01/2022

Sportswear brand Adidas launched its first Singapore brand center, named Homeground, in Knightsbridge along Orchard Road. Occupying three floors, it claims to be the largest mono-brand retail sports destination in the country. It offers the largest array of Adidas performance and Originals apparel, footwear, as well as accessories in Singapore. Adidas claims that the design […]

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Retail Asia13/01/2022

The largest Adidas store to date on Japanese soil extends over two floors and a surface area of 1,000 square meters. In addition to countless products for a wide range of sporting activities, the new Adidas Brand Center, which is located just a few minutes’ walk from Shibuya Station, also offers an exclusive “Tokyo Collection”. […]

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Retail Asia07/12/2021

Adidas Malaysia has unveiled its largest brand center in Southeast Asia at Sunway Pyramid. Spanning 1575sqm and two stories, Adidas Sunway Pyramid worked with renowned Malaysian graphic designer, Valen Lim, to create localized experience zones in the store. The brand incorporates Malaysian design elements, such as prominent local landmarks in the store interior, representing the […]

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Retail Asia11/11/2021

Footwear maker PouYuen Vietnam, the largest employer in HCMC, faces a shortage of workers after 6 percent quit due to Covid-19 restrictions and resultant problems. The Taiwanese company, a supplier to Adidas and Reebok, has sought the city’s support for finding new workers, according to the HCMC Media Center. Its plant, situated in Binh Tan […]

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Retail Asia22/10/2021

On November 21, adidas Terrex opened its new store at APM Mall on Wangfujing Street in Beijing. Brand spokesperson Zhao Youting, senior vice president of sales channel management in Adidas Greater China, Mr. Guillermo del Nogal, senior director of outdoor sports business unit in Adidas Greater China, brand signing athletes Zhang Jingkun and Zhong Qixin, […]

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Retail Asia13/08/2021

Authentic Brands has cemented its position as a major player in American retail after what one analyst described as a “massive acquisition” – the successful $2.456 billion bid for Reebok. Adidas confirmed the sale overnight after six months of negotiations with prospective bidders. Neil Saunders, MD of GlobalData, said Authentic Brands has proven its ability […]

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Retail Asia09/08/2021

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Adidas felt the impact of a Chinese boycott of Western brands on its second-quarter results and is also suffering from the closure of factories in Vietnam due to Covid-19 infections. The German sportswear company still raised its outlook for full-year sales and profitability as it said it has seen demand recover in China since calls […]

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Retail Asia29/07/2021

Taiwan’s Pou Chen, which makes footwear for companies such as Nike and Adidas, suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit factories in the country’s business hub. Vietnam’s health ministry said in a statement that production at Pou Chen’s Pouyuen Vietnam factory would be suspended for 10 […]

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Retail Asia16/07/2021

Changshin Vietnam, a South Korean shoemaker, became the second major Nike supplier to suspend production in Vietnam as it shut three of its factories near HCMC on Thursday due to a coronavirus outbreak. The factories in Dong Nai province, which employ nearly 42,000 workers, will remain shut until July 20, the Vietnamese government said in […]

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Retail Asia23/04/2021

Adidas is exiting Hong Kong’s Central prime business district. The German sportswear giant signed a HK$4.34 million a month, or HK$52.1 million a year, lease for the 13,000 sq ft shop at 36 Queen’s Road in 2015. Removal staff were seen dismantling shelves and putting away stock on Wednesday. “After a thorough review we have […]

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