Tag: Sports

Retail Asia05/12/2023
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2min0
Strava made an exciting move this week, announcing messaging for iOS and Android users. The popular mobile app for athletes revealed a new feature that will be available for free to all its users, Messaging. Launched this week, the new feature offers users two options: direct (one-on-one) and group messages. In addition to these key features, […]

Retail Asia16/10/2023
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2min0
In August, Skechers sued nonslip shoemaker Laforst Shoes over the alleged infringement of the slip-in-heel design. These shoe styles were the subject of high-profile Super Bowl ads earlier this year featuring Martha Stewart and Snoop Dogg, and Skechers says it’s sold millions of pairs of the hands-free shoe. On October 5, the Düsseldorf Regional Court in Germany […]

Retail Asia06/07/2023
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5min0
Malaysia has a diverse sporting culture and decent success in international competition across many sports. Due to this and its great sports infrastructure, the interest in sports in Malaysia is at its all-time-high. Here are five sports that are the most popular in Malaysia. 1.   Badminton Malaysia is probably the second-largest badminton hub in the […]

Retail Asia15/05/2023
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3min0
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, […]

Retail Asia07/01/2023
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5min0
Sports are popular globally. People from all over the world are fans of one sport or the other. However, some sports are more popular in one continent but don’t receive much attention in others. For instance, American Football is more prevalent in North America, while Cricket is very popular in Asia. If you wager on […]

Retail Asia18/02/2022
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2min0
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 […]

Retail Asia27/01/2022
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2min0
French sports retailer Decathlon named 45-year old Barbara Martin Coppola, a former executive at companies such as IKEA and Google, as its new global chief executive. Coppola will replace Michel Aballea, who had held the role since 2015, in mid-March this year, added Decathlon, which competes in France with companies such as Go Sport. Decathlon […]

Retail Asia13/01/2022
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3min0
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”. […]

Retail Asia03/11/2021
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3min0
Under Armour on Tuesday raised its full-year forecasts, alleviating investor concerns regarding holiday inventory shortages flagged by nearly all its peers and sending its shares up 16 percent. Factories in Vietnam, where Under Armour sources about one-third of its products from, have begun reopening after months-long shutdowns that have caused severe distress to many apparel […]

Retail Asia13/08/2021
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6min0
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
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4min0
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
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3min0
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 Asia27/01/2021
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2min0
A new series of sports cars is confirmed, with prototype production of the Lotus Type 131 to commence this year from the manufacturing facility in Hethel, Norfolk. The new manufacturing investment is part of Lotus’ Vision80 strategy, which will also see the relocation of two Lotus sub-assembly facilities into one efficient central operation in Norwich […]

Retail Asia26/01/2021
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3min0
DECATHLON, one of the world’s largest sporting goods retailers, and the National Basketball Association (NBA) today announced a new multiyear merchandising partnership that makes DECATHLON an official licensee of the NBA across Africa, Asia, Europe, the Middle East and Latin America and marks DECATHLON’s first partnership with a North American sports league. The partnership will […]


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