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Retail Asia12/03/2021

German sportswear maker Adidas AG predicted a strong rebound in sales in 2021, particularly in China, the rest of Asia, and Latin America, although its profits will be trimmed by costs associated with divesting the Reebok brand. The outlook for 2021 is part of a five-year strategy that Adidas is due to present on Wednesday. […]

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Retail Asia16/12/2020

German sportswear maker Adidas AG said on Monday it is considering strategic options, including a potential sale, for Reebok, 15 years after it bought the U.S.-focused brand to take on archrival Nike Inc on its home turf. The decision will be announced on March 10, when the company officially presents its new strategy, Adidas said. […]

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Retail Asia26/10/2020

For some sneakerheads who may be unaware, Reebok is owned by Adidas. Back in 2005, the brand was bought by the Three Stripes for a large sum of $3.8 billion and they have been sharing warehouses and website assets, ever since. Now, however, this business relationship could very well be coming to an end, based on a brand […]

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Retail Asia10/08/2020

German sportswear firm Adidas says it expected a rebound in profits in the third quarter after it plunged to a big loss in the second quarter when the majority of its stores were closed due to coronavirus lockdowns. Adidas reported a second-quarter operating loss of US$396 million, worse than the $344 million expected by analysts […]

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Retail Asia23/12/2019

Adidas Malaysia has launched a new Brand Centre at Kuala Lumpur’s Sunway Pyramid as it expands in the Southeast Asian market. The new 1328sqm “stadium-style” outlet stocks the full Adidas range from performance to fashion items. Its retail concept design is inspired by iconic city landmarks and cultural hues. The store facade features two large […]

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Retail Asia19/12/2019

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Retailers regularly spruik the line of ‘reimagining retail’ when launching a new concept store – but the new Adidas LDN flagship genuinely delivers on that promise. The four-story Adidas LDN (London) store features a myriad of unique shopper activations and experiences which make it stand out from rivals like Nike’s Houses of Innovation in Shanghai […]

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Retail Asia14/11/2019

Wtaps founder Tetsu Nishiyama’s casual label Descendant has released a collaboration with Adidas. “Keep Rolling” is a capsule collection of graphic tee shirts, tracksuits, and sneakers, now offered at a special pop-up store at Taiwan’s Invincible store in Taipei. According to a Hypebeast report, the collaboration includes the new “Crustar” silhouette that “merges the Campus […]

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Retail Asia22/04/2019

Adidas and Beyonce are teaming up to relaunch the superstar’s Ivy Park label. The sportswear firm has announced a multi-layered partnership with the performer to “inspire and empower the next generation of creators; drive positive change in the world through sport; and identify new business opportunities”. “This is the partnership of a lifetime for me,” […]

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Retail Asia02/04/2019

Adidas has spent the last four years curbing ocean pollution by recycling plastic beach waste into shoes – and because their customers have been so eager for the product, the company is kicking it up a notch. Adidas produced more than five million pairs of recycled plastic waste shoes in 2018, and they plan to […]

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Retail Asia26/03/2019

Instagram is taking its Shopping ads one step further by making it possible for people to buy the products in the ads without leaving the app. The feature, called Checkout on Instagram, is currently being tested in a closed beta program by nearly two dozen businesses and is only available to users in the US. Retail News […]

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Retail Asia26/02/2019

German sportswear major Puma on Monday claimed that it has become the top sportswear retailer in India, surpassing rivals such as Nike, Adidas, Skechers and Reebok in terms of yearly sales. Puma, the third-largest sportswear manufacturer in the world, has reported sales of Rs 1,157 crore for the 12-month period ending December 2018 against Rs 958 crore reported in the year ago […]

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Retail Asia31/01/2019

Paris Fashion Week Men’s was not lacking in head-turning street-style looks this year. Attendees brought their sartorial A-game to take in new fall ’19 collections from the hottest designers. A guest paired trendy Off-White socks with shiny silver Maison Margiela sneakers that featured a chunky platform sole and an iridescent finish. Cuffed denim jeans highlighted […]

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Retail Asia30/10/2018

U.S. sports apparel company Brooks Running is considering shifting its manufacturing operations from China to Vietnam to avoid trade war tariffs. The firm’s CEO Jim Weber said Monday that the impact of President Donald Trump’s trade war with China is going to put a 45-percent tariff on his company’s running shoes. “We’re preparing for a […]

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Retail Asia23/10/2018

Vietnamese footwear exporters seem to be benefiting from the ongoing trade war between the U.S. and China. According to customs statistics, Vietnam’s footwear exports in the first nine months of this year were worth $11.74 billion, a 10.2 percent year-on-year increase. Its exports to China in the period have risen by 28.5 percent, to Japan […]

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Retail Asia09/10/2018

DHL eCommerce, a division of the world’s leading logistics company Deustche Post DHL Group, has facilitated growth of over 40% for adidas Thailand’s retail revenue by enabling deliveries for the adidas.co.th site. The e-commerce channel launched in June 2015 and since co-operating with DHL in May 2017, Thai consumers are able to have their purchases […]

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Retail Asia25/09/2018

Bangkok’s massive IconSiam development will open on November 9, its developers have confirmed. The US$1.67 billion complex being constructed on a 400-metre-long stretch of the Chao Phraya River will feature 14 flagship stores of internationally renowned brands, many of them taking space in the ultra-luxury 25,000sqm glass pavilion called IconLuxe, located next to the river […]

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Retail Asia09/08/2018

Sportswear retailer Adidas has failed in its bid to prevent a Taiwanese business from registering a visually similar trademark in Singapore. The Intellectual Property Office of Singapore (IPOS) rejected an Adidas lawsuit against Lutong Enterprise Corp, dismissing the claim that the similarities could potentially cause confusion in the market and allowing Lutong to carry on […]

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Retail Asia03/08/2018

German-headquartered Adidas AG has agreed to a settlement in its Rockport bankruptcy dispute. Adidas bought Rockport as part of its takeover of Reebok in 2005 and sold the brand a decade later. Rockport was placed in Chapter 11 bankruptcy protection in May of this year, and in July a rescue plan was lodged by CB Marathon, an affiliate of […]

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Retail Asia30/07/2018

Vingroup has opened its 55th shopping centre, The Vincom Center Landmark 81 mall, in Ho Chi Minh City’s Binh Thanh district. The 50,000sqm shopping centre occupies six of the skyscraper’s 81 storeys, housing 100 domestic and international brands in cosmetics, fashion, F&B, and entertainment. Fashion brands include Versace Jeans, Calvin Klein, Adidas, Tommy Hilfiger, Lacoste, […]

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Retail Asia18/07/2018

Global sportswear maker adidas announced that it has committed to using only recycled plastic by 2024. The pledge to eliminate the use of virgin plastic includes using polyester, a popular material in sportswear for its sweat resistant properties and because it weighs less. adidas said on Monday that it would stop using virgin plastic in its offices, retail […]

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