Posts tagged as Reebok

  • adi_29169

    Thursday, November 5th 2015

    Adi raises 2015 outlook following a good nine months

    by Markus Huber

    In its third quarter, Adidas Group lifted its sales in constant currencies by 13 percent with a double-digit growth in basically all regions but Russia and Eastern Europe. In euros, sales were up by 18 percent and reached €4,758 million. Besides strong development of the Adidas brand, the development derived partly from the growth of […]

  • adidas_29993

    Wednesday, November 4th 2015

    India allows Adidas foreign direct investments

    by Markus Huber

    Adidas had to wait three years, but has now obtained permission from the Indian government to open wholly-owned stores in the country. The Three Stripes are the first foreign sporting goods company to be allowed to do this. As reported recently, Adidas plans together with its affiliated Reebok brand to increase the number of single-branded […]

  • adidas_concept_store_munich_inside_2

    Tuesday, October 13th 2015

    Adidas even more determined in the Indian market

    by Markus Huber

    Last week, we reported on the market leadership of Adidas in India. According to a report by FashionUnited, the German group wants to increase its single brand stores in the country (including Reebok ones) from 760 at present, to 1,000 by 2020. Apparently, this will be focused to a certain extent on the metropolitan areas of Bangalore […]

  • Wednesday, October 7th 2015

    Adidas confirms leadership in the Indian market

    by Markus Huber

    Adidas surpassed its competitors Puma and Nike in the Indian market in 2014. Excluding Reebok, the Three Stripes reached total sales of 805 Indian rupees crore (€109.6 million) in the period between April 2014 and March 2015. Sales were up from INR 737 crore (€100.0 million) in the previous period. Its major rival Puma reached, […]

  • adidas_berlin

    Thursday, March 26th 2015

    Adidas trusts in open sourcing to ensure future growth

    by Markus Huber

    At today’s investor day held in Herzogenaurach, Adidas Group is presenting its plans for future growth through 2020. One of the key factors is open sourcing, a subject which is equally pushed by ISPO to provide input from retailers, athletes and consumers to the brands. Adidas’ management said that the group’s core brand as well […]

  • reebok_fithub_2

    Tuesday, February 24th 2015

    Reebok plans to transform Indian retail network to fitness hub

    by Markus Huber

    According to the Times of India, Reebok aims to focus entirely on fitness and has revealed plans to switch its complete network of own stores in place in the South Asian country to the “FitHub” format. Brand director Somdeb Basu told the newspaper that the company intends to open 15 more specialty fitness-dedicated points of sale […]

  • Tuesday, February 3rd 2015

    Adidas reports all-time high in German-speaking countries

    by Markus Huber

    According to company sources, Adidas has broken through the €1 billion barrier for turnover in Germany, Switzerland and Austria, the so-called DACH countries. In Germany alone, the Three Stripes’ sales were up by 15 percent compared with the previous year. This came, of course, partly from the strong performance of the World Cup-winning white shirt. Altogether, 3 million […]

  • Friday, January 23rd 2015

    Adidas sells Rockport and reports satisfactory figures

    by Markus Huber

    As was rumored since last year, Adidas Group is now selling its Rockport brand of fashionable footwear. The buyer is a new company orchestrated by the institutional investor Berkshire Partners and New Balance, the U.S. sports footwear and apparel brand. The German group is set to divest Rockport for a total of $280 million. New Balance will invest via […]