Retail news
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Adidas raises 2011 profit and sales forecasts
- Posted:
- 05 August 2011 10:24
Adidas has raised its sales and profit forecast for 2011 on revenue growth in emerging markets and improving profitability of its Reebok brand. The world's second-largest sporting goods maker now expects earnings per share to rise at a rate "approaching 15%", up from a previous forecast of 10 to 15%. ...read more
Sales soar at Adidas
- Posted:
- 26 July 2010 11:10
Adidas has seen its second quarter profit soar, beating estimates and "materially above market expectations". Net profit rose to Eu126 million from Eu9 million posted a year earlier, with analysts forecasting net profits of around Eu73 million. Full second quarter earnings are due in August.In May, the German sporting goods ...read more
Next to design London 2012 uniform
- Posted:
- 24 March 2010 09:43
Next has become the 27th domestic sponsor of the 2012 London Olympics and will design Team GB's uniforms for the opening and closing ceremonies and supply home furnishings and linens for the athletes' village.In addition, the retailer will supply formal uniforms for 4,500 technical officials and suits for the organising ...read more
John Lewis finishes on a "flourish"
- Posted:
- 22 January 2010 09:52
With two weeks left of its financial year, department store chain John Lewis has said that it is finishing on a "flourish", with sales influenced by rising temperatures. In the week to January 16th, John Lewis saw sales up 11.1% on last year, with pent-up customer demand building from midweek ...read more
JD Sports releases Star Wars collection with adidas Originals
- Posted:
- 20 January 2010 09:31
JD Sports has announced that it has launched products from the much talked-about Star Wars collection by adidas Originals.adidas Originals joined forces with the iconic Star Wars franchise to launch this unique collection of classic adidas Originals trainers and clothing, which includes cult characters and storylines from the trio of ...read more
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