Adidas, Puma Likely To Follow Nike In Price Hike Strategies: Report
Earlier, as part of its business evaluation and seasonal planning, Nike, a footwear retailer, is planning to increase the prices of a few products from next week
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Adidas Swings To Loss In 2023, Bets On Core Brands After Kanye West Split
- by BW Retail World Bureau
- March 14, 2024
German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around after a messy break-up with rapper Kanye West. Adidas has been battling to right itself after it cut ties with West in October 2022, suspending sales of the […]
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Metro Brands Profit Dips Despite Revenue Rise As Inventory Costs Bite
- by BW Retail World Bureau
- January 19, 2024
Metro Brands which sells shoes from brands including Fila, Crocs and Mochi, reported its fourth straight drop in quarterly profit on Thursday, hurt by high inventory costs amid slowing sales growth. The company’s net profit fell 12.6 per cent to Rs 97.81 crore in the October-December quarter, missing analysts’ estimate of Rs 122 crore, as […]
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AJIO’s Big Bold Sale Promises Big Savings
- by BW Retail World Bureau
- December 6, 2023
Fashion e-tailer AJIO on Wednesday announced its flagship event ‘Big Bold Sale’, which is powered by Adidas and co-powered by Superdry. The Big Bold Sale will commence on Thursday. Customers got early access to the sale starting from December 4. In the biggest-ever edition of the Big Bold Sale (BBS), customers can shop across 5500+ […]
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Bata India Shares Rise On Speculations of Partnership With Adidas
- by BW Retail World Bureau
- August 19, 2023
On a recent Friday, Bata India issued a statement addressing speculations about their “strategic alliances and partnerships,” which arose following reports suggesting discussions with Adidas regarding a potential partnership for the Indian market. Yesterday, a media house cited insider sources indicating ongoing talks between Bata India and Adidas for a partnership deal. These discussions seem […]
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Bata India In talks With Adidas For Strategic Partnership
- by BW Retail World Bureau
- August 18, 2023
Bata India is in talks with Adidas for a strategic partnership that could likely boost the German sportswear maker’s presence in the South Asian country, CNBC-TV18 reported on Thursday. Bata India’s shares ended 5.3 per cent higher, logging their best day since April 2020. Shares rose as much as 7.3 per cent earlier in the […]
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Myntra Launches Exclusive adidas By Stella McCartney Collection In India
- by BW Retail World Bureau
- May 19, 2023
Myntra, the ecommerce platform launches adidas by Stella McCartney collection, following the upcoming Myntra’s marquee fashion festival, ‘EORS-18’ According to the platform, the collection is a one-of-a-kind collaboration bringing together the best in the world of fashion and sportswear and this highly coveted ultra-premium line of high-performance sportswear is set to add to Myntra’s comprehensive […]
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Adidas Originals And Ranveer Singh team Up To Challenge Conventions And Hack Old Codes Of Luxury In Latest Spring Summer’ 23 Campaign
- by BW Retail World Bureau
- January 25, 2023
This season, adidas Originals throws open the doors to self-expression as it unveils a new campaign featuring Brand ambassador and Bollywood Superstar, Ranveer Singh. The Trefoil draws on the daring charm of Ranveer Singh to bring back streetwear mentality to elite fashion and democratize access to culture and empower the next generation of icons. For […]
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Adidas Files Lawsuit Against Thom Browne
- by BW Retail World Bureau
- January 10, 2023
Adidas has filed a lawsuit against Thom Browne, an American luxury fashion house, for trademark infringement. The former has claimed that Browne’s use of parallel stripes violates its trademarked three-stripe branding. According to reports, Adidas filed a lawsuit against Browne in June 2021, claiming that the latter’s four-stripe designs are confusingly similar to the company’s […]