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UK-based sportswear retailer Castore has recently announced its acquisition of the longstanding footwear brand Grenson Shoes. This strategic move is aimed at bolstering Castore’s financial stability and expanding its product portfolio. Embracing Heritage…
Li-Ning, a prominent sportswear company in China, has recently announced a multi-faceted partnership with NBA Star, Stephen Curry. This exciting collaboration will initially emphasize on the sport of basketball and golf, with future plans to expand into…
Swiss sportswear label, On, has unveiled its inaugural standalone shop in South Korea, furthering its direct-to-consumer reach within the nation. Strategically Located in Seoul The store, nestled within Seoul’s Hannam district, signifies On’s maiden…
Swiss sportswear brand On has recently unveiled its grandest flagship store to date. This store is located at Shenzhen MixC World, China. This move is part of the brand’s ongoing effort to expand its retail footprint in one of its most rapidly expanding…
Sweden’s Craft Sportswear, a high-performance athletic apparel brand, has recently launched its premier flagship store in China. Athletic Excellence: Craft Sportswear A standout in the sportswear industry since its inception in 1973, Craft Sportswear has…
Renowned sportswear brand, Champion, recently revealed the reimagined design of its flagship store located in Chengdu’s Yingjia Plaza, China. The refurbished two-story establishment beautifully integrates Champion’s established American roots with the…
Swiss activewear label, On, has established its inaugural retail outlets in Seoul, signifying the brand’s growth in the Asia-Pacific region. These outlets are conveniently located in the Hyundai Seoul department store and Lotte World Mall Jamsil, offering…
As consumers in Asia increasingly navigate a complex retail landscape, retailers are adapting to meet their evolving preferences and expectations. The recent wave of innovations confirms that traditional shopping habits are undergoing significant…
Merchandise manufactured by Chinese sportswear giant Li Ning has been banned from entering the US with the company accused of using North Korean labour in its supply chain. The US Customs and Border Protection announced on Tuesday that – under the terms of…
Japanese sporting goods maker Asics closed down its New York flagship store in December amid the prolonged impact of the COVID-19 pandemic, the company announced on Monday. The store opened in December 2017 on Fifth Avenue, selling running shoes and…
Japanese sportswear retailer Asics has posted a steep drop in revenues as a consequence of the coronavirus pandemic. The firm has seen a 21.5-per-cent dip in global sales to the equivalent of US$1.4 billion in this year’s second financial quarter, and…
Athletic apparel brand Champion is to launch a sustainable streetwear collection Re:Bound next month. Champion’s Re:Bound Collection will feature a streetwear line made from recycled Reverse Weave fabric, normally discarded during production. According to the…
Sportswear label Sweaty Betty has made its Asian debut, opening a store at Hong Kong’s IFC mall. The British retailer, often described as a premium competitor of Canada’s Lululemon, specializes in women’s activewear. It was founded by Tamara and Simon…
UK sportswear business JD Sports Fashion saw revenue improve 47 percent over the first half of FY20 to £2.72 billion, with global like for like sales growth of 12 percent. The group, which runs the JD Sports chain in Australia, also saw group profit before…
Chinese sportswear retailer Li Ning reaped the benefits of a restructure in the first half of this year, with net profit attributable to shareholders by 196 per cent to RMB795 million (US$113 million). For the last two years, Li Ning has been investing in its…
A poor fourth quarter has resulted in another profit warning from casualwear-brand Superdry and one analyst describes the embattled label as “struggling to remain relevant”. Amy Higginbotham, a retail analyst at GlobalData, the data and analytics company,…
