Germany
Deichmann announces UK expansion
The Germany-based retailer has announced plans to expand its UK store portfolio. Last year the brand has opened 9 stores in that country bringing its network of stores in the UK to 102
adidas employees run to preserve the oceans
The Herzogenaurach team of the sportswear giant adidas has organised an activity to raise awareness for the oceans and the importance of fighting pollution
BASF invests in Longwater Advanced Materials Fund
The Chinese fund focuses on advanced materials and chemistry-related technologies. The partnership will facilitate a synergetic collaboration between BASF Venture Capital and Longwater Investment
India’s leather footwear exports up by 1%
According to the Council for Leather Exports in the first 10 months of the fiscal year exports of leather footwear increased by roughly 1%. Exports of the overall leather industry are declining
adidas continues fight against marine plastic pollution
The Germany-based sportswear giant announce a global initiative to be set on World Oceans Day (8th of June) with the goal of raising 1.5 million US dollars to fight marine plastic pollution
Gallery Shoes update to the industry
As the next edition of Gallery Shoes fast approaches, the management of the trade fair issued an update with information about the event
Gallery sets the bar high for the next edition
Setting itself as an early ordering event, Gallery is expecting a 27% increase in the number of exhibitors and product groups are set to grow by 35% in terms of floor space at the coming July event
adidas with successful start into 2019
Germany-based giant announced revenue growth of 4% (currency-neutral) in the first quarter of the financial year. Net income from continuing operations increased by 16% in the period. Full-year outlook confirmed
Best quarter ever for Puma
Puma's sales growth continued in the first quarter of 2019. Sales rose by 15.3% currency-adjusted to 1 319.3 million euros (+16.6% reported) compared to 1 131.1 million euros last year. CEO announces best quarter ever
adidas invests in China to accelerate expansion
The Germany-based sports brand is heavily investing in China, where its growth is three times higher than in the rest of the world. adidas plans to open 1 000 stores in China this year and expand ecommerce
Puma to be Formula 1's partner
Sports company Puma has announced a long-term partnership with Formula 1 to become the exclusive merchandise retail partner from the start of the 2019 season. This year, Puma stands and superstores will be present in 17 out of the 21 Grands Prix in the calendar
Deichmann acquires shoe chain KicksUSA
German shoe retailer Deichmann is investing in China and the US with several initiatives planned for 2019. The acquisition of shoe chain KicksUSA already took place
Gallery Shoes with steady attendance
Steady attendance at the last edition of the Gallery Shoes with 9 800 professional visitors. According to organisers, this was an event with a good atmosphere and results despite stormy weather conditions
Stable is the word for Deichmann in 2018
Shoe retailer Deichmannn reported growth in 2018 despite difficult market conditions. The group of companies is reporting a plus both in the number of shoes sold as well as in turnover-
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