Adidas
This coverage explores Adidas’ strategy and performance in the UK retail and sportswear market, focusing on store operations, product launches, marketing campaigns, sponsorships, sustainability initiatives, and leadership decisions. Reporting provides insight into how Adidas responds to consumer trends, competitive dynamics, and brand positioning — supporting executives, managers, and professionals in sports, fashion, and retail operations.
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Feb- 2024 -7 FebruaryNews
Under Armour appoints new managing director of EMEA
Under Armour has recently announced the appointment of Kevin Ross as its new senior vice president, managing director of Europe, Middle East and Africa. With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and YETI, Ross brings proven talent and regional expertise to the…
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2 FebruaryNews
Today’s news in brief-2/2/24
The overall percentage of UK-listed companies issuing profit warnings reached 18.2%, surpassing the levels observed during the 2008 financial crisis. Particularly, the FTSE retail sector struggled, with two in every five retailers issuing profit warnings. The retail industry issued a total of 24 profit warnings in 2023, indicating a notable…
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2 FebruaryClothing & Shoes
Adidas to sell remaining Yeezy stock
Adidas has reported an operating profit of €268m (£229m) in 2023, compared with its previous guidance of a €100m (£85m) loss, which was driven by a better-than-expected operational business in Q4 and the company’s decision not to write off the vast majority of its existing Yeezy inventory. The 2023 operating…
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1 FebruaryNews
Angel Central sales jump 16% in 2023
Islington destination Angel Central finished 2023 on a high, reporting a sales increase of 16% compared with 2022. The destination also had an increase in footfall of 6.4% compared to the national average of 2.9%, and transactions rose by 4%. The success comes as OFFICE, the fashion footwear specialist, recently…
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Dec- 2023 -18 DecemberNews
Today’s news in brief-18/12/23
Farfetch is reportedly in advanced talks with a private equity-backed buyer for a last-minute rescue deal. The deal, if successful, would involve taking Farfetch off the stock market in a take-private transaction and would result in the company receiving $500m (£394m) in emergency funding. Talks are ongoing, and while Farfetch…
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18 DecemberNews
Adidas appoints new head of global HR
Adidas has appointed Michelle Robertson as executive board member, responsible for global human resources, people and culture, effective from 1 January. Robertson, a British national, has been with adidas and previously Reebok in different HR roles for more than 18 years. Since July 2023 she has already been leading global…
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Nov- 2023 -16 NovemberClothing & Shoes
JD upsizes store at Bullring & Grand Central
Hammerson has announced that JD has more than doubled its footprint at Bullring and Grand Central, after officially opening an upsized store at the destination. The new 27,500 sq ft store demonstrates the appeal of Bullring and is reflective of Hammerson’s wider strategy to enliven its assets with high profile…
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13 NovemberNews
Tommy Hilfiger and Calvin Klein open at Caledonia Park
Tommy Hilfiger and Calvin Klein have opened at Caledonia Park, Scotland’s premium designer outlet village. Tommy Hilfiger has opened a 5,000 sq ft store at the centre, joining anchor brands such as Nike, Adidas, and POLO by Ralph Lauren. Stocking menswear and womenswear defined by the brand’s “classic American cool”…
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Oct- 2023 -19 OctoberNews
Today’s news in brief-19/10/23
Adidas has revised its full-year projections upward following robust Q3 2023 results. The sportswear giant’s performance was positively impacted by the sale of its remaining Yeezy inventory, leading to better-than-expected underlying business development. Now, Adidas anticipates an operating loss of €100m in 2023, down from the previous forecast of €450m.…
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19 OctoberNews
Adidas ups full-year guidance following Yeezy sale boost
Adidas has raised its full-year guidance following better than expected preliminary results for Q3 2023. The German sportswear retailer noted that the company’s performance was “positively impacted” by the sale of parts of its remaining Yeezy inventory. As a result, the underlying business developed “better than expected”. The company now…
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