sporting

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 […]

Retail Asia30/04/2021

After a pandemic-served beatdown last year, Puma has clawed its way to recovery. On February 24, the German sportswear giant reported that sales jumped 9 percent to 1.52 billion euros in the last three months of 2020 — a promising upswing from the 55-percent plummet in its second quarter. Overall, sales were down 1.4 percent to 5.23 […]

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. […]

Retail Asia01/09/2020

Decathlon Singapore is opening a new experience store in Orchard Rd, the brand’s fifth experience store in the city. Located at the Centrepoint shopping mall, Decathlon Orchard spans two floors, occupying a 3200sqm area. The store will feature some 5000 products spanning more than 50 sports. In the new Decathlon Singapore experience store, customers will […]

Retail Asia11/05/2020

Outlining a survival strategy for the coronavirus pandemic, Puma says its global operations are split into three phases: Survive, Recover and Grow Again. The sportswear retailer and manufacturer reported a 1.3-per-cent decrease in first-quarter sales to €1.3 billion, with strong growth during the first 10 weeks undermined by the widening impact of the pandemic. Net earnings […]

Retail Asia03/09/2019

Hangzhou-based Chinese design firm So Studio has created a retail space for sporting goods brand Peu a Peu featuring a system of pulleys, steel racks, and large metallic spheres. The store’s 70sqm interior, which was recently celebrated in a Designboom report, is inspired by the movement and interaction observed on a sports field as well […]

Retail Asia02/09/2019

Consumer desire for a multifunctional wardrobe is set to continue driving the global athleisure wear market, according to data and analytics research group GlobalData. Over the last two years, the athleisure trend has risen as demand for comfort, performance and style has driven the need for a multifunctional wardrobe. 68 percent of consumers who purchased […]

Retail Asia28/08/2019

Chinese sportswear retailer Li Ning reaped the benefits of a restructure in the first half of this year, with net profit attributable to shareholders by 196 per cent to RMB795 million (US$113 million). For the last two years, Li Ning has been investing in its retail business, upgrading stores, refining its product offer and reorganising […]

Retail Asia27/08/2019

Hong Kong-listed footwear manufacturer Yue Yuen Industries says it expects to move more of its manufacturing from China to other Southeast Asia countries as the US-China trade conflict shows no sign of abating. “The US government’s plans to implement a 10-per-cent tariff on US$300 billion of exports from the PRC, which will include footwear, could […]

Tag: sporting

Adidas sells Reebok to Authentic Brands

Puma’s China sales slowly up

Adidas expects strong rebound, takes Reebok hit

Decathlon store replaces old Metro at Singapore’s Orchard Rd

Puma focuses on survival and recovery as sales goes down

Peu a Peu opens new flagship in Hangzhou

Global athleisure wear market expect strong growth numbers

Li Ning profit up as restructure pays off

Yue Yuen to move more production into SE Asia as trade war continues