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Retail sector
Spar supermarket accuses Hungary’s Viktor Orbán over retail tax
...Discounter Lidl and Tesco, the UK’s largest supermarket group, both have operations there. Lidl did not provide a comment....
March 11, 2024
Clayton Dubilier & Rice Inc
US buyout firm CD&R hires former Tesco chief Dave Lewis
...Its strategy is focused on trying to improve the operations of companies it owns....
January 15, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Adidas AG
German national football team ends 77 years of sponsorship with Adidas
...DFB president Bernd Neuendorf said that “German football owes a great deal to [Adidas] for more than seven decades of co-operation.”...
March 21, 2024
Scoreboard
Can a watchdog fix English football? Premium content
...Sports marketer Tim Crow says Adidas will now “move heaven and earth” to win deals with German national team players. But the big target could be Adidas’ deal with Fifa, the organiser of the World Cup....
March 23, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...JD, which also has a presence in Europe, Asia and Australia, is becoming an important partner to brands such as Nike and Adidas, as they try to reach customers who do not shop with them directly....
April 23, 2024
JD Sports Fashion PLC
JD Sports shares tumble after retailer cuts forecast
...“We think that JD Sports should maintain its position as a preferred partner of major sportswear brands like Nike and Adidas,” he said....
January 4, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...German peer Adidas is coming back from a ghastly 2022, when China sales sank as consumers boycotted the brand for shunning cotton from Xinjiang over human rights abuses....
March 29, 2024
News in-depthJD Sports Fashion PLC
JD Sports wrongfooted as trainer market weakens
...Adidas also reported falling sales in November partly because of sluggish performance in North America....
January 4, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...Venues can feel pressured to use Ticketmaster as its ticket vendor: Live Nation could use its promotional power to prevent the venue from getting shows....
April 18, 2024
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...The new entity will be named TGI Fridays, with the US and global operations remaining in Dallas under chief executive Weldon Spangler....
April 16, 2024
Inside BusinessOlaf Storbeck
The Yeezy standard for accounting
...However, Adidas was far from alone in its approach....
October 4, 2023
LexWalmart Inc
Walmart is coming for your TVs Premium content
...At the moment, the retail titan mainly sells ads on its websites, apps and self-checkout screens in stores....
March 2, 2024
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...“Sales growth is increasingly reliant on promotional activities and price cuts,” said Ivan Lam, a senior analyst at Counterpoint....
March 10, 2024
Nike Inc
Nike races to keep from losing ground to more nimble rivals
...Today, Nike’s competition goes beyond traditional rivals like Adidas as newer, more nimble shoe companies take market share....
January 13, 2024
Walmart Inc
Walmart tumbles 8% on cautious holiday outlook for consumer spending
...Data on Wednesday showed underlying US retail sales rose 0.2 per cent in October, while September’s increase was revised higher....
November 16, 2023
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Walmart Inc
Walmart says inflation was stickier than expected in latest quarter
...McMillon said on Tuesday that Walmart’s general merchandise category in its US operations was “there” in terms of a “deflationary position”, but in the three months to January, “the slope of the decline...
February 20, 2024
Nike Inc
Nike shares sink after announcing $2bn cost savings plan
...During the most recent quarter, Nike said it saw higher foot traffic at some physical retail stores and slower demand in digital sales....
December 22, 2023
Scoreboard
Roger Federer’s lesson for Tiger Woods Premium content
...“Five, seven years ago, it was Nike and Adidas that dominated in a lot of categories....
January 13, 2024
Apple Inc
Large Apple shareholders seek AI disclosures
...Norges, which runs the world’s biggest sovereign wealth fund, said in its voting disclosures that Apple’s board should account for “social consequences of its operations and products”....
February 27, 2024
Unhedged
Anatomy of a slowdown Premium content
...Walmart is a well-run company with immense scale and a strong ecommerce operation, which has taken share from rivals....
November 20, 2023
News in-depthChinese business & finance
China’s start-ups take on big global beauty brands
...Joy Group has also set up operations in countries including Japan, Malaysia and Canada....
February 2, 2024
Scoreboard
Mark Cuban’s Mavericks bet Premium content
...In the world of sports merchandising, it’s hard to look further than the behemoths of Nike and Adidas....
December 2, 2023
Travel
The unstoppable power of ‘Harry Pottourism’
...The attrition rate, both of paths and locals’ patience, is high, says Emily Bryce, NTS operations manager for Glencoe and Glenfinnan. Car parks are overrun, lanes blocked....
March 30, 2024
LexCitigroup Inc
Predictions: mind the valuation gap at Citi Premium content
...Since taking the helm at Citigroup in March 2021, the 56-year-old has cut jobs and ditched retail banking operations in 14 overseas markets. In September, she announced an even bigger shake-up....
December 28, 2023
Scoreboard
Golf’s power balance resets Premium content
...But the new promotional video for the upcoming (but now delayed) fight in Riyadh between Oleksandr Usyk and Tyson Fury to crown the first undisputed champion in 20 years is next level bonkers....
February 3, 2024

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