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South Korean fashion and lifestyle company, Musinsa, is said to be currently in discussions to obtain the local distribution rights for Hoka, a well-known performance footwear brand. The talks are reportedly taking place with Deckers Outdoor Corporation, the…
The flight route between Hanoi and Ho Chi Minh City (HCMC) once again ranked as the fourth busiest worldwide in 2025, boasting a seat capacity of 11.07 million, according to data from an aviation intelligence firm. The route saw a 4% increase in seat numbers…
Following allegations of operating a multinational scam and money laundering network, Prince Bank owner Chen Zhi has elicited panic among customers in Cambodia. There has been a significant surge in account holders rushing to withdraw their funds from the…
Puma on Wednesday announced job cuts and warned of uncertain US consumer demand. The German sportswear group’s shares slumped 23 percent in the wake of disappointing quarterly and annual forecasts issued a day earlier. The grim outlook, which follows weak…
After two years of testing, sports giant Puma is ready to launch its compostable shoes dubbed Re:suede 2.0. Puma will create 500 pairs of the commercial version of the sneaker, which went online available for purchase on puma.com/eu and Zalando Plus this…
Nike online sales soared 36 percent in the February quarter, compensating in part for a slump in sales across Mainland China which was in lockdown for much of January and February due to the coronavirus outbreak. The strength of online sales gave the retail…
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…
The chief executive of Brooks Running, part of Warren Buffett’s Berkshire Hathaway Inc, said his company will shed much of its presence in China by moving running shoe production to Vietnam, a result of the trade dispute between China and the US. Jim Weber,…
Reebok will launch a Aztrek pop-up store at Suntec City next month. Set to open from May 1 to 7, the pop up brings the retro Aztrek line back with ‘90s-inspired colours and designs, along with cult-classic arcade games and Instagram-worthy corners. Visitors…
Almost a year since the launch of its first Australian store British sports retailer JD Sports has unveiled the next stage of its local expansion plans, revealing three new store launches. The openings will bring the international entrant’s Australian store…
Global fitness and lifestyle brand Reebok has unveiled plans to open 500 FitHub stores in China by 2020 as part of a major push to become the region’s leading fitness brand. The label, owned by Adidas, aims to expand its physical presence in China where it…
Adidas AG plans to open 2,000 new stores in China by 2020, after the sports group’s business in the Asian nation grew nearly 30% last year, making it the second-largest market in the world after Western Europe. According to local media reports, Adidas AG –…
Maybank, South East Asia’s fourth largest bank, and Powerman Philippines, the Philippine affiliate of the International Powerman Association (IPA), are hosting two duathlon race events in the Philippines this year. The first race, which was held last November…
