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102 stories in this topic
Foot Locker Singapore has opened its largest store yet on Orchard Rd, celebrating basketball culture. Located at Orchard Gateway @Emerald, the Foot Locker store spans five stories, three of which are retail spaces, offering a multi-branded basketball…
Nike has opened the brand’s largest House of Innovation yet, in Paris, focusing on delivering a digital retail experience. Located at number 79 on the famous Avenue des Champs-Elysees, the House of Innovation 002 spans four floors and occupies a 2400sqm area.…
Chinese sports shoe retailer Anta Sports has delivered its sixth consecutive year of sales growth, reaching a record US$4.8 billion in 2019, 40 percent up on the prior period. Hong Kong-listed Anta Group owns many Chinese and international sports brands,…
Japanese sports and outdoor goods retailer Alpen Co is set to launch Kanagawa’s first experience-based store late next month. The Alpen Outdoors LaLaport Yokohama store will handle more than 40,000 predominantly outdoor-related products under 200 brands.…
Snap Fitness plans to open 300 locations in Japan in partnership with local franchisee Global Fitness Japan Co. The international franchised gym group will open a flagship location in Tokyo this year, followed by more venues in Osaka and other regions. “Snap…
Asia has a huge betting market compared to other continents. But, it has poor coordination. The Asian market led in global betting in 2017. It comprises established sportsbooks like Betway88. Statistics show that about 40 percent of bets placed in the world…
Puma’s worldwide sales surged 18.4 percent last year, to €5.502 billion and its pre-tax profit rose 40 percent to €262 million. But the positive results were tempered by a warning from CEO Bjorn Gulden about the year ahead given the outbreak of coronavirus in…
Authentic Brands Group (ABG), the owner of the Sports Illustrated brand, announced a strategic partnership with Sentia Wellness, a distributor of CBD-infused wellness products. Through this partnership, Sentia Wellness will develop, produce and distribute…
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…
Struggling UK fashion chain Jack Wills has been bought by Sports Direct for £12.75 million after being placed in administration. Sports Direct, owned by retail entrepreneur Mike Ashley, has bought Jack Wills’ stock and taken over its distribution center, 100…
Decathlon India has opened its largest store yet at the DLF Mall of India. The French sports retailer’s new 3000sqft experiential retail outlet features dedicated activity and community zones for fitness and sports enthusiasts, as well as offering digital…
Sportswear brand Nike has revealed its net profit increased to US$4 billion during the 2019 financial year, compared to the previous year, which saw Nike earn US$1.9 billion. The large disparity is attributed to the enactment of the Tax Act last year, which…
French sports company Decathlon will open its third store in Hong Kong this Saturday, 15th June, in Tseung Kwan O as it continues its efforts to make sports accessible to the many in the city. The new Decathlon store in Sheung Tak Plaza, with 36,000 sq. ft…
Jaguar Land Rover has introduced the 2020 Discovery Sport compact premium SUV and it will be launched in the international markets later this year. According to the company, the new 2020 Discovery Sport strikes a balance between a bold evolution of the…
Hummel India has signed up a Bollywood actor to help promote its launch in the country. Kartik Aaryan, described by one local media outlet as “the nation’s heartthrob and nation’s crush” has been appointed Hummel’s chief ambassador in India for the Danish…
SK Telecom has revealed plans to offer the world’s first live TV sports broadcast using a 5G network for the SK Telecom Open 2019 golf tournament. The tournament, which will be held as part of the KPGA Korean Tour, will be live broadcast on JTBC’s dedicated…
