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Adidas has recently inaugurated a flagship store in the Songwat district of Bangkok, further broadening its experiential retail strategy. This engaging destination seamlessly meshes fashion, street culture, and community involvement. A Blend of Retail,…
Adidas, the renowned sportswear brand, recently announced a significant increase in their revenue for the third quarter. This surge was widespread, affecting all markets, categories, and channels. For the third quarter, the company’s total revenue skyrocketed…
Adidas has launched its premier showroom at Jewel Changi Airport in Singapore, incorporating interactive spaces that seamlessly blend the brand’s core identity with local narratives. The flagship store offers both lifestyle and performance products, providing…
Adidas has unveiled its flagship store at Jewel Changi Airport in Singapore, offering experiential zones that seamlessly blend brand identity and local narratives. The shop offers both lifestyle and performance products in a unified space, aiming to provide…
In a dramatic turn of events, U.S. President Donald Trump is poised to impose significant tariffs on key apparel sourcing nations, including Vietnam, Cambodia, and Bangladesh. Industry titans like Japan’s Fast Retailing and Germany’s Adidas are now faced with…
Adidas and Fast Retailing have joined the ranks of apparel magnates grappling with the reality of increased product costs in the United States due to new import tariffs levied on key Asian manufacturing nations. The Impact of Rising Tariffs The US has…
Adidas has launched a new campaign entitled “Superstar, The Original,” aimed at rekindling the public’s fascination for its iconic 90s sneaker and Firebird Tracksuit. Featuring Prominent Personalities The campaign is narrated by renowned actor Samuel L.…
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…
In a recent case of intellectual property rights violation, a man in Hanoi was found guilty of manufacturing and selling 200,000 fake Nike, Adidas, and Uniqlo socks. The counterfeit items were being retailed at wholesale prices between VND4,500–5,000…
Adidas saw its revenue surge in the last fiscal year, according to the athleticwear company’s preliminary results. Revenue soared 24 percent to €23.68 billion (US$24.70 billion), while gross margin improved to 50.8 percent, with operating profit up 398.9…
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…
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…
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…
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…
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…
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…
