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Bern retailer network Intersport has entered into a franchise agreement with major Chinese omnichannel retailer Suning. The move gives Intersport a more significant presence in the huge Chinese sports market both in the offline and online arenas. It enables…
JD Sports marked Mother’s Day with a heart-warming video and a social media contest. The retailer launched #JDCelebratesMums campaign across Singapore with an “undisputed message; that jobs can come and go, but a mother is irreplaceable”. In the 3-minute…
Ferrari is considering engaging with Netflix on a second Formula One documentary as well as joining the rest of the 10 teams in the esports world championship, team boss Mattia Binotto said on Friday. Ferrari and champions Mercedes did not cooperate on the…
Sportswear giant’s sales and profit soar, with China one of its greatest performing markets. Puma is celebrating its “best quarter ever” as sales, gross margin and profit reached record levels. On a currency-adjusted basis sales reached €1.319 billion…
Decathlon Vietnam has opened its first store, at Vincom Mega Mall Royal City in Hanoi. Located on level B1, the store spans 4300sqm, offering more than 14,000 items covering 70 sports for all levels of player. Prices meet the market for local customers, such…
The new Puma Bangladesh flagship just opened in Dhaka marks the sportswear brand’s largest yet in the country. The 2220sqft location showcasing the firm’s latest performance and sportstyle products is the brand’s first flagship in Dhaka, the largest…
AirAsia is to launch flights between Bangkok and Ahmedabad, the capital of Gujarat state and India’s first UNESCO World Heritage City. The airline will operate the route four times per week on Mondays, Wednesdays, Fridays and Sundays, from 31 May 2019.…
Asics Singapore has launched an online store, with other Southeast Asian markets to follow soon. The one-stop destination for all Asics products introduces an integrated shopping experience with shoes exclusive to the online store and a seamless check-out…
Expressing deep concern for “unscrupulous sales practices” of some Hong Kong fitness centres, the Consumer Council has named and shamed four operators it says targets young consumers with high-pressure sales tactics. “After careful consideration, the council…
Performance footwear retailer The Athlete’s Foot has confirmed it will be opening at least 12 new stores across New Zealand and Australia in the next year. The news comes as the retailer opens a new flagship in Melbourne Central shopping centre in Australia…
US sportswear brand Under Armour is expanding its operations in Asia, as well as Europe and Latin America. An Under Armour Asia headquarters is set to open in Hong Kong this year, as the brand strengthens its commitment premium-grade sportswear rather than…
Sportswear retailer Nike has grown net income to US$1.1 billion over its third quarter, with the group’s consumer-direct approach delivering growth across all four of its geographic regions. Revenues increased 7 per cent to $9.6 billion, up 11 per cent. The…
JD Sports has launched a takeover bid for UK footwear retailer Footasylum. The offer, which amounts to up to US$119.6 million (£90.1 million) for the remaining shares the business does not already own, represents a 77.4 per cent premium on the closing price…
With the aim towards consolidating its presence in India’s growing athleisure market, Global Sportswear brand Lotto’s Indian association, SSIPL Lifestyle Pvt. Ltd. has partnered with Ace Turtle, Asia’s leading omnichannel platform company. Ace Turtle’s…
NBA basketball is undoubtedly one of the most popular sporting leagues in the world, with fans everywhere. The league’s second-biggest market after the U.S. surprisingly isn’t Canada or even anywhere in Europe. It is, in fact, China. The NBA’s social media…
Chinese sportswear retailer Xtep has signed a deal with Wolverine World Wide to distribute Merrell and Saucony products in Mainland China, Hong Kong and Macau. The joint venture plans to start operating in the second half of this year. “We are delighted to…
