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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Jul- 2023 -3 JulySport & Leisure
JD Sports signs first franchise deal with GMG
JD Sports has signed its first franchise agreement in partnership with GMG, a Dubai-headquartered well-being company operating leading brands across sports, everyday goods, health and beauty, properties, and logistics sectors. The deal will see JD expand its presence in the Middle East and under the terms of the 10-year agreement,…
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Jun- 2023 -2 JuneNews
M&S welcomes Skechers, Crocs and TOMS at ‘Brands at M&S’
Marks and Spencer has today announced it is welcoming global footwear brands Skechers, Crocs and TOMS to its ‘Brands at M&S’ online platform this season. The US footwear brands join M&S at a time when each are delivering strong performance independently, with all reporting double-digit revenue growth. Skechers has grown…
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May- 2023 -15 MayShopping Centres
LDO reports sales up 17% to £19.7m in Q1 2023
London Designer Outlet has reported that its sales reached over £19.7m– an increase of 17% in Q1 2023 compared with the same period in 2022 and 5% on pre-pandemic levels (2019). It also recorded its “strongest ever” April, where sales grew to £8.6m, representing a £1.2m increase on the year…
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12 MayNews
Adidas to sell remaining Yeezy stock
Adidas is set to sell some of its Yeezy stock and merchandise following the discontinuation of the Kanye West partnership, Sky News has reported. According to Sky, at the group’s annual general meeting, chief executive Bjørn Gulden said that “burning the goods would not be a solution”. Gulden remarked that…
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11 MayNews
Adidas revenues remain flat in Q1
Apparel company Adidas reported flat currency-neutral revenues in Q1 compared to the same period last year. Currency-neutral sales in North America declined 20% to €1.1bn (£959m) during the quarter as the region is particularly affected by the discontinuation of the Yeezy business. Instead, sales in EMEA grew 4% to €1.9bn…
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4 MayNews
Zalando reports €2.3bn revenues in Q1
Zalando, one of Europe’s leading online platforms for fashion and lifestyle, reported a revenue increase of 2.3% to €2.3bn (£2bn) in the first quarter of 2023. The company reported a gross merchandise volume increase of 2.8% to €3.2bn (£2.8bn) and adjusted earnings before tax level compared with -€52m (-£45m) in…
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Mar- 2023 -13 MarchClothing & Shoes
Allbirds hires new chief financial officer
Allbirds has appointed Annie Mitchell, as chief financial officer, effective April 24, 2023. She will replace Mike Bufano, who will be stepping down from Allbirds but will remain with the company through to mid-May to ensure a “smooth transition”. Mitchell is an experienced finance executive in the retail industry and…
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9 MarchClothing & Shoes
Adidas profits fall 1% to £9.45bn amid Yeezy split
Adidas has reported that its FY gross profit declined 1% to £9.45bn, down from the £9.54bn it made in 2021, according to its financial for the period ending 31 December 2022. The company stated that its revenue was impacted by the termination of Yeezy partnership with Kanye West. Adidas’ EBITDA…
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Feb- 2023 -27 FebruaryClothing & Shoes
Adidas and West to sell leftover Yeezy stock in new agreement
Adidas has reached a new agreement with Kanye West that will ensure that the footwear brand sells the remaining $500m (£417.4m) in Yeezy sneaker stock. According to the retailer, the new contract will focus solely on the sale of the existing inventory of West’s shoe line and will not include…
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13 FebruarySport & Leisure
Castore in $200m fundraising talks in bid to rival Nike and Adidas
Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete with sportswear giants Nike and Adidas. According to Sky News, Castore has appointed Rothschild to advise the process and secure a significant capital injection. Initial talks with prospective investors have…
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