100 stories in this topic
The new CEO of Adidas says he plans to streamline and restructure the ailing Reebok business as a priority under his watch. CEO Kasper Rorsted, in a conference call with business media, also promised a completion of the sale of the Adidas TaylorMade golf…
David Beckham has split with fashion retailer H&M – and he’s being upstaged by a Canadian pop star with a hairdo worse than Donald Trump’s… H&M introduced its first Beckham Bodywear collection featuring form-fitting underwear in 2012 and expanded the…
Taubman Asia, a subsidiary of US shopping centre group Taubman Centers, and China’s Wangfujing Group, have announced the line-up of retailers for its CityOn.Zhengzhou mall in Henan province, set to open on March 16. When it opens, the centre will be 100 per…
Penang will gain its first premium outlet mall, Design Village, next month. In Batu Kawan in mainland Penang, it will be the biggest outlet mall in Malaysia. It was developed by PE Land, which owns and runs The Spring shopping mall in Kuching. The outlet mall…
From fast-fashion chain H&M to lifestyle brand Maison Kitsune and cosmetics firm Innisfree, mass-market retailers are setting up shop in premises previously occupied by luxury brands in Hong Kong’s prime shopping districts. Aided by falling rents in top…
Star power is being used to connect fast-growing athleisure brand Under Armour with Chinese consumers. NBA All-Star Stephen Curry heads back to China next month for another promotional tour for sportswear brand Under Armour China (UA). As UA seeks to take…
In a world first, an Adidas football flagship has opened in southern China’s Guangzhou Teemall. Adidas Group Greater China MD Colin Currie describes it as an important milestone for both Adidas and Chinese football. “At the same time, it emphasises the…
Thailand’s retail market is expected to grow at a compound annual growth rate (CAGR) of more than 6 per cent from now until 2020. This was revealed in the latest market study by global technology research and advisory company Technavio. Its research report,…
There’s no bigger vehicle for fear-mongering in retail than scary tales about the downturn of China’s economy. Maybe that’s why Adidas doesn’t seem to have listened to the recent news when announcing its expansion plans for the country. Colin Currie, head of…
New Balance India is to make a comeback – and says it aims to open about 50 stores within the next few years. The US sports shoes brand’s first foray into India was in the early 2000s, but it shut its shops after a few years. Now its VP for Asia Pacific…
German sporting goods giant Adidas Group has revealed plans to open 3,000 new stores in China by 2020 as it looks to become the ‘best sports brand’ in the region. The company, which has around 9,000 stores in its second largest market, the vast majority of…
Costs related to the closure of retail stores were among the factors contributing to reduced second-quarter earnings for Singapore’s Wing Tai Holdings. Store closures caused a 12 per cent rise to S$23.8 million in administrative and other expenses…
International sportswear provider Adidas announced that they will open their sixth Adidas Brand Center in the world in Hong Kong’s Central district during the first half of 2016. In addition, the company will open their first Hong Kong Sport Performance…
Spain’s Inditex, owner of the Zara chain and the world’s biggest fashion retailer, is optimistic about long-term growth in China despite the slowing economy, as demand for its affordable fashion stays robust. Inditex, whose Zara brand has lured shoppers this…
Lobby group the Clean Clothes Campaign aims to shame the world’s large fashion brands into supporting a Cambodian minimum wage rise. The CCC says it is lobbying on behalf of a coalition of Cambodian unions that the multinational brands must ensure a minimum…
The world’s largest branded athletic and casual footwear manufacturer and retailer Yue Yuen Industrial says retail and wholesale sales of sportswear in Greater China rose 19.6 per cent in the first nine months of this year, due to an expanding store network.…