Germany
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
adidas focus on shoes made of recycled plastic waste
The Germany-based sportswear brands want to upscale production from five million pairs of shoes containing recycled plastic in 2018 to eleven million pairs in 2019
Puma appoints Chief Sourcing Officer
The Herzogenaurach-based (Germany) sports giant appointed Anne-Laure Descours as Chief Sourcing Officer and Member of the Management Board
Gerry Weber files for bankruptcy
The Germany-based fashion manufacturer and retailer has applied to preliminary insolvency. This procedure exclusively applies to the parent company Gerry Weber International AG having around 580 employees. All subsidiaries including Hallhuber are excluded from the request
adidas delivers strong third quarter results
Revenue posted by the Germany-based sportswear giant for its third quarter increased by 8% currency-neutral and 3% in euro terms. As a result, adidas has increased its full-year outlook
Double digit growth for Puma' sales and profitability
In the third quarter sales increased by 14% currency-adjusted to 1 242 million euros (+11% reported) with double-digit growth in the Americas and Asia/Pacific regions. Profitability also grew at two digit's rates-
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