US: Skechers to pay $50m to settle toning shoe claims
Footwear firm Skechers USA has agreed to pay $50m to settle what are described as "unfounded" advertising claims that its toning shoes would help wearers improve their fitness and lose weight.
View ArticleThe market for toning shoes fails to shape up
If it sounds too good to be true, it probably is. But even so, millions of consumers around the world fell for claims that toning shoes would provide more weight loss, and more muscle tone than regular...
View ArticleGERMANY: Adidas accuses former Reebok India execs of fraud
Adidas-owned Reebok India has submitted a criminal complaint against two senior executives over the irregularities in the business.
View ArticleGERMANY: Regulator checking sportswear sales tactics
The German competition regulator is looking at the way sportswear companies restrict the distribution of their products, especially over the internet, following complaints about moves to limit sales to...
View ArticleINDIA: Reebok "will cooperate" with Indian authorities
Adidas-owned sportswear brand Reebok has said it will cooperate with authorities over the alleged fraud at its Indian business.
View ArticleGERMANY: Adidas H1 up on Olympics sponsorship
Sportswear brand Adidas today (2 August) said it expects full-year earnings to come in at the top end of its previous forecast as it capitalises on its sponsorship of the Euro 2012 football tournament...
View ArticleIn the money: Adidas sponsorship strategy pays off
Adidas's sponsorship strategy is paying dividends, with the sportswear brand's chief executive Herbert Hainer highlighting the success of its sponsorship of the London Olympics and the Euro 2012...
View ArticleINDIA: Reebok reportedly booked for FEMA violations
Adidas-owned Reebok India may face penal action and money laundering charges for running unauthorised retail outlets as well as breach of export commitments, according to local media reports.
View ArticleINDIA: Adidas to accelerate Reebok India restructure
Sportswear giant Adidas has confirmed it will accelerate the restructuring of its Reebok business in India in order to set the unit up for a "fresh start" in 2013 - including the integration of local...
View ArticleISRAEL: Tefron swings to second-quarter profit
Lingerie and activewear manufacturer Tefron has swung to a second-quarter net profit on the back of increased sales of seamless apparel.
View ArticleINDIA: Adidas remains committed to Reebok restructure
Sportswear giant Adidas remains committed to its restructuring programme in India, despite reports some of its Reebok franchisees are unwilling to change to the new franchise model it wants them to adopt.
View ArticleUS: Finish Line names Bierman VP of digital technology
The Finish Line has appointed Harvey Bierman as vice president of digital technology as the US sportswear chain continues to expand its digital business.
View ArticleINDIA: Workers protest against Reebok restructure?
Some 100 Adidas workers at its Reebok India business are staging protests against the sportswear giant's new franchise model, according to reports.
View ArticleUS: Reebok eliminates global president position
Reebok, which is owned by sporting goods giant Adidas, has removed the position of global president, moving Ulrich Becker to president of the brand's North American business.
View ArticleGERMANY: Adidas cuts Reebok revenue targets by one-third
Adidas has made dramatic cuts to the long-term revenue targets for its Reebok brand, which has been impacted by lost business in the US and fraud allegations in India.
View ArticleGERMANY: Adidas Q3 profit surge despite Reebok slump
Sporting goods powerhouse Adidas has posted double-digit increases in profit and revenues in the third quarter, despite continuing worries about its under-performing Reebok brand.
View ArticleUS: Reebok lays off 150 amid restructuring plans
Sportswear brand Reebok is set to lay off 150 staff, and close its Hong Kong and Amsterdam offices, as part of plans to streamline its business.
View Articlejust-style's most read stories this week...
The most read stories on just-style this week include clothing and children's footwear boosting UK retail sales in November, a look at where the Tazreen fire leaves Bangladesh, and Reebok announcing it...
View Article2012: A year in review - Manufacturing winners and losers
Weak consumer spending, difficulties in securing credit, competition from China and the Far East resulted in factory closures and subsequent layoffs in 2012. But ramping up labour and sustainability...
View ArticleHONG KONG: Yue Yuen FY profit jumps 12.5%
Yue Yuen, the world's largest manufacturer of branded athletic and casual footwear, has seen its full-year profit jump 12.5% helped by higher sales and more stable material prices.
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