Representative image New Delhi: Luxury sneakers and streetwear platform, Crepdog Crew (CDC) has launched its third store in Banjara Hills Hyderabad spread over 7000 square feet. The brand currently runs its flagship store in Delhi and another outlet in Mumbai. The store will feature homegrown brands including Balav, Deadbear, Esthreall, Huemn, Panjloh, and The Aesthetic…
Representative image Foot Locker global chief executive Mary Dillon said Indians are increasingly demanding sneakers such as Jordans and Samba, going beyond just having a sports shoes culture, mimicking the trend seen in the US and China many years ago. Foot Locker, a New York-based athletic retailer, is entering into India through a long-term licensing…
Representative image Nike‘s ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival, but the German brand will have to work harder to keep shoppers interested in its key Samba and Gazelle terrace sneakers. The shoes have boosted Adidas sales over the past year, and analysts expect it…
Ritesh Dua, Executive Vice President, Relaxo Footwears New Delhi: Footwear major Relaxo has forayed into the Moroccan market, strengthening its export business, shared Ritesh Dua, Executive Vice President, Relaxo Footwears in an interview with ETRetail. “This is a very strategic market for us because it is north of Africa and has a lot of effect…
Representative image The success of Adidas‘ low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deliver strong second-quarter sales and its biggest profit margin in three years. Nike forecast a surprise drop in annual sales at the end of June, adding to investor worries about…
British sportswear retailer JD Sports Fashion said it was on track to post higher annual profit as demand for Nike Air Force One and Adidas Gazelle and Samba footwear pushed up first-half underlying sales, lifting the company’s shares 7.5%. The group, already the UK’s biggest sportswear retailer and with an expanding presence in North America…
