Adidas

Footasylum FY profits jump 188% as sales hit record £349.5m

Footasylum has revealed its profit before tax  jumped 188% to £17.2m and its operating profits more than doubled to £21.7m, in the year to 25 January 2025. It comes as it reported a 9.4% rise in revenues to £349.5m amid strong consumer demand for its exclusive brands and new store…

Read More »

Foot Locker opens its largest UK store in Birmingham’s Bullring

Foot Locker has opened its largest UK store in the Bullring shopping centre in Birmingham, marking the launch of its new ‘Re-imagined’ store concept. The site becomes the footwear and streetwear retailer’s UK flagship and features three permanent zones designed to offer an immersive experience. These include a Sneaker Hub…

Read More »

JD Sports to open its largest store at Trafford Centre

JD Sports is set to open its biggest store globally at Manchester’s Trafford Centre on Saturday 7 June, following a major expansion of the site. The 41,000 square foot unit – more than three times the size of the previous store – features what JD describes as its largest ever…

Read More »

North Face and Cartier customer data stolen in cyber attacks

North Face and Cartier have become the latest retailers to see customer data breached in cyber attack incidents. VF Corporation, the owner of North Face, wrote to some customers to inform them of “unusual activity” discovered last month, which was investigated “immediately”. It told customers that the attacker could have…

Read More »

Dr. Martens appoints Adidas VP as chief brand officer

Footwear brand Dr. Martens has appointed Carla Murphy as the company’s new chief brand officer (CBO) to lead the company’s global brand organisation. Murphy will assume her new role at Dr. Martens on 1 July 2025 and will be based in London. In her new role, she will be responsible…

Read More »

Adidas customer data stolen in cyber attack

Adidas has confirmed that it was hit by a cyber attack last week, stating that an external party obtained consumer data through a third party customer service provider.  The German sportswear giant claimed that the affected data did not contain passwords, credit card details or any payment related information, but…

Read More »

How is Westfield’s new Health and Wellness Village reshaping retail spaces

Westfield London has announced the opening of its new Wellness Village, in a move to cater to the growing demand for  accessible health and wellness experiences within a retail setting. The new space offers over 50,000 sq. ft. of health and wellness brands and services.  According to the latest report…

Read More »

Today’s news in brief-29/4/25

Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m. However, UK and Ireland sales fell by 4% due to cautious consumer spending and mild autumn weather affecting seasonal purchases. The retailer’s market share in the…

Read More »

Adidas beats Q1 expectations but remains cautious as tariffs loom

Adidas has delivered better-than-expected Q1 results but warned tariffs will eventually cause higher costs for all its products for the US market. The group’s revenue was up 13% to €6.1bn (£5.2bn) and operating profit surged by 82% to €610m (£517.8m), reflecting an operating margin increase of 3.8 percentage points to…

Read More »

Today’s news in brief-22/4/25

Marks & Spencer has apologised to customers after a technical glitch disrupted contactless payments and click-and-collect services over the Bank Holiday weekend. Shoppers reported frustration at being unable to complete purchases, with some forced to abandon full trolleys. The issue also affected M&S’s email and chat systems, preventing advance customer…

Read More »