This speed facilitates the company’s collaborations with outside designers. For more than a decade, Adidas had been exploring creative partnerships with designers such as Yohji Yamamoto and Stella McCartney on high-fashion and fitness lines. But it wasn’t until the company refocused its creative process in the U.S. that it could move with enough speed and authority to make a wider range of collaborations meaningful at scale. Now, Adidas tests the market of a technology—like Ultra Boost—without a celebrity name attached, which takes six months to a year. Then the company brings in a creative partner, such as West, to add a signature touch and make the product line relevant to culture. “Some [sports brands] talk about how hard work equals winning. Some talk about mind over matter,” says Liedtke, in a not-so-veiled nod to Nike and Under Armour campaigns. “We like to talk about imagination—imagining what the future could be.” … [Read more...] about Adidas’s Secret Weapon In The Sneaker Wars
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Step 1: Use Recycled Plastic At Scale By 2024 The first step, will be transitioning the company to recycled plastic. By the end of this year, half of all polyester will be from recycled sources, and by 2024, all polyester that the company uses will be recycled. The company plans to introduce labels that explain exactly where the polyester comes from. Products labeled PrimeGreen will use polyester derived from recycled water bottles, while products labeled PrimeBlue will be ocean plastic provided by Parley. Since this will require much more plastic than Parley currently intercept plastic from remote islands, beaches, coastal communities and shorelines, Adidas will collaborate with Parley to extract plastic from beaches around the world. … [Read more...] about Inside Adidas’s ambitious plan to end plastic waste by 2030
For instance, the firm’s investment in “Coding Ninja’s and Qyuki” may turn out to be beneficial. Investors must keep a close watch on the IT sector as well as the real- estate sector before investing in Info Edge. … [Read more...] about HDFC Life, Info Edge, Bandhan Bank become part of NSE F&O; time to buy?
On valuation front, at higher price brand SBI Card is demanding an adjusted P/B multiple of 15.6x, as compared to globalpeer average of 2.7x. Based on FY22E adjusted P/B, it is demanding a valuation of 8.6x. We firmly believe that SBI Card is nota pure play NBFC, so valuing it on P/E may also make sense. At higher price band, the company is demanding a P/E multipleof 50.3x (to its restated TTM EPS of Rs. 15). Based on FY22E EPS, the demanded P/E comes out to be 39.4x. … [Read more...] about Subscribe to SBI Cards: Choice Equity Broking
What exactly is causing the delays? For one thing, Luo says that many factory workers went home for the Chinese New Year holiday, which occurred right as the outbreak was spreading. Many are having a lot of trouble getting back to their factories because their cities are under lockdown and public transportation has ground to a halt. The government has also put the factories themselves through extensive inspections, and workers are being subjected to tests. “Many apparel and accessories factories are far away from Hubei,” Luo says, referring to the province that is the epicenter of the outbreak in China. “But factories across the country, even far away from Wuhan, are being affected by this.” … [Read more...] about For the fashion industry, the fallout from the coronavirus may be just beginning