Retail news
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West Bromwich Albion relaunches online store
- Posted:
- 04 May 2012 10:39
Premiership football club West Bromwich Albion, currently the workplace of new England boss Roy Hodgson, has announced it is to enhance its retail offer with the development of a new online store. 'The Baggies', as the club is known, has appointed e-commerce firm PureNet to design and build its new online ...read more
JJB secures £30 million new funding
- Posted:
- 05 April 2012 11:27
Under-pressure retailer JJB Sports has announced that it has secured £30 million of additional funding today, following a deal with American retailer Dick's Sporting Goods.The chain, which came close to collapse last year, said that it hopes to be able to accelerate its store refurbishment plans in time for sporting ...read more
Record profits at Adidas despite flat Q4
- Posted:
- 07 March 2012 10:24
Sports gear giant Adidas enjoyed record levels of profit in 2011 despite only just broke even in the fourth quarter of the year due to higher purchasing costs and flagging sales in Latin America. The company said today that net profit rose to 18 million euros (£15 million) from 7 million ...read more
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
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