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How GMG plans to win Southeast Asia’s sports retail market

Inside Retail

Southeast Asia as key market We see Malaysia as a prime opportunity, given its status as one of Southeast Asia’s largest and most developed economies,” Mohammad A Baker, CEO of GMG, told Inside Retail. Insights from its acquisition of Royal Sporting House have also helped the company understand local market dynamics.

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Amer Sports’ sales rise in China amidst demand for niche brands like Salomon 

Inside Retail

Finnish multinational sporting equipment company Amer Sports beat analysts’ estimates, reporting a 17 per cent increase in sales to US$1.35 Greater China, Amer Sports’ second-biggest market, saw sales jump 56 per cent during the period. Descente and Kolon Sport also posted sales surged 41.8 billion yuan ($635.2

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Can innovation help Nike maintain its market dominance?

Inside Retail

The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”

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Why Wilson is bringing its A-game to physical retail in the US market

Inside Retail

Wilson Sporting Goods Co recently unveiled its first retail store in California, located within the well-known Third Street Promenade shopping district in Santa Monica. The store will feature an in-store area for consumers to trial products, including a basketball hoop, hitting wall and on-site racquet stringing.

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From sprinters to sneakers: How Puma aims to tap into ‘halo effect’ of Olympians

Inside Retail

German sportswear brand Puma is using this year’s Olympic Games and its partnership with sprint champions Jamaica to focus on speed as it jostles with Adidas and Nike to carve out space in an increasingly competitive running and lifestyle market. “That’s something we need to strengthen further in the consumer mindset.”

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Asics plans giant strides in “cutthroat” Indian market

Inside Retail

It’s a relatively new entrant to the market, compared to other brands such as Nike and Puma, but it’s got plans to fast-track its presence in the region. The sports industry is one of the most cutthroat in both India and the rest of the world. More of them are becoming increasingly conscious about their wellness routines. “We

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The “Great Mall Resurgence” in the American retail market

Inside Retail

They have long since been a very important part of American consumer society and while they’ve had their ups and downs, they remain a popular retail destination.” Consumers have a lot of choices about where to shop and when they drive to malls, they want more than a functional experience.” In fact, data from Placer.ai