Why foreign fashion companies are increasing their store sizes in India
Nike is more than tripling some of its store sizes to 3,000-5,000 square feet, as is Levi’s, which is expanding to 3,000 sq. ft. Market leader Zara is asking malls to double its space to 25,000-30,000 sq. ft. Benetton has identified 20 top locations in the metros to expand its outlets.
Nike reduces stores in India to 150
Nike will directly focus on online sales in India, mainly through Flipkart Group and Amazon.
China’s sneakerheads chase 6,600% returns flipping Air Jordans
Across China, more than 10 million monthly active users frequent online-resale apps, such as Poizon, Nice and DoNew, according to Chinese data-mining company QuestMobile. Most of what’s traded on these platforms are basketball sneakers.
$3K 'Jesus Shoes' filled with holy water sold out within minutes
The shoes cost $3,000 per pair and were sold out within minutes of their debut.
Too tired to untie your shoelaces? Siri will do it for you
Nike launched Adapt Huaraches with self-lacing motor that can be controlled using Siri.
The week top CEOs got smacked
Witness Uber, Theranos and WeWork. Their charismatic founders raised billions of dollars and won over A-list investors before crumbling under pressure.
Sneaker magic: Ace the athleisure look with Nike, Fendi & Puma
Sneaker craze is everywhere, and you need a pair of kicks that pack a punch.
What’s in a name? Google was called BackRub; Pepsi-Cola originally named Brad’s Drink
Kim Kardashian-West recently renamed her shapewear brand to SKIMS Solutionwear from Kimono.
China's sportswear leader feels the trade war heat as it goes global
Anta’s global ambitions come at a tricky time, as an intensifying tit-for-tat tariff war is making it more expensive to manufacture in China
Nike's 'flag' sneakers stir political outrage in US, footwear brand pulls down product
Nike cancelled the release of the sneakers earlier this week.
Apple and Nike brace for China’s wrath after Huawei ban
Blowback from Trump’s Huawei ban could cost Apple about 3% to 5% of its iPhone sales in China over the next 12 to 18 months, according to Dan Ives, an analyst at Wedbush Securities.
Decathlon overtakes Adidas, Nike in sports gear retailing
With 70 large, warehouse-like stores, Decathlon's product pricing is about 30-40% lower than competing products.
Struggling to find the right-sized sneakers? Nike is using AR to help
Nike Fit will help users find the right fit using machine learning.
Sol(e)d out: Canadian businessman buys 99 of world's rarest sneakers at a whopping US $850,000
Sotheby's describes the collection as 'the most exclusive and coveted sneakers ever produced'.
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