Sportswear
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Opportunity India Desk Sep 29, 2017 - 1 min readAdidas said it has appointed Harm Ohlmeyer, head of the group's global eCommerce business, as new finance chief from May 12, replacing Robin Stalker, who served alongside former boss Herbert Hainer for 16 years.The appointment is the second executive change at Adidas since activist shareholders bought stakes in the company in 2015 after its shares ...
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Opportunity India Desk Sep 29, 2017 - 2 min readALCIS is an authentic Indian sportswear brand is planning to open its own EBOs from July.Internationally, the brand which has presence in Dubai, and is looking forward to test waters in other foreign countries like Canada. The brand with a TG ranging from 15-35 years has no plans to compete the brands targeting the premium ...
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Opportunity India Desk Sep 29, 2017 - 1 min readDigital offline platform ShopX has entered into a strategic tie-up with Puma, which would help the German sportswear firm scale up its footwear business in tier II markets.Puma will leverage ShopX's digital offline model to scale up its footwear business and help it establish presence in over 1,500 retail outlets in tier II markets, ShopX ...
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Opportunity India Desk Sep 29, 2017 - 1 min readIndians' growing penchant for an active lifestyle has urged German sportswear maker Adidas to bring in domain experts from its global team to run operations in India.The most recent to join the ranks is Sean Van Wyk from Adidas South Africa, who will take charge as senior marketing director of the Adidas brand in India. He ...