Home / Knowledge / News / Apparel/Garments / 10 Champion sportswear stores in three years
10 Champion sportswear stores in three years
05
Aug '10
Champion, which is a global sportswear label, is likely to launch around 10 independent stories in Israel within the next three years.

The H&O chain, which is controlled by Livnat family, a partner in IDB Holdings, and it has the rights to market the aforesaid global sportswear brand. Around NIS 20 million ($5.24 million) will be invested in the coming three years to bring the brand to Israel.

The firm has a global yearly turnover of more than $2 billion, and is also one of the sponsors of the International Basketball Federation World Championship – 2010, which will be held in Istanbul in August. The firm is also the key sponsor of the American National Basketball Association.

Livant family and H&O's management decided to procure franchise rights to more global brands, so as to strengthen their chain to compete with other brands like H&M, which is also a family brand. H&O's yearly turnover sums to about NIS 550 million ($144 million).

As per Nitzan Hadas, CEO of H&O chain, the need to strengthen themselves with global brands and not just depend on the chain's international brand, had become vital. Currently, Champion runs 157 concept stores in Germany, Spain, Holland, Italy, Lebanon, Eastern Europe and Kuwait.

During the first phase, Champion outlets will be manned within few of H&O's 34 branches across the nation. Later within a year, the chain is intending to commence launch of flagship stores, with an aim of having atleast 10 Champion stores function in Israel, within three years. These stores will display a variety of t-shirts, sweatshirts, training suits and the like.

Of the total H&O's sales, sportswear sums to around 20 percent, a key reason for the firm to choose the brand Champion.

Fibre2Fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search