Corporate:

+++ Sport 2000 GmbH, the buying group for sporting goods retailers in Germany, Switzerland and the Benelux countries, has acquired full ownership of Outdoor-Profis, the more specialized buying group for outdoor retailers, and appointed a new manager to oversee its outdoor business (more in The Outdoor Industry Compass)

+++ VF Corp has completed the sale of the low-margin occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, without disclosing the price

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Retail:

+++ Decathlon France is launching a new short-term bicycle rental service, designed for occasional bikers, in five stores in the Lyon area (Ecully, Beynost, Limonest, Bron, La Part-Dieu), available via the dedicated platform locationlyon.decathlon.fr +++

 

DTC:

+++ Adidas has opened an experiential flagship store in Sandton City, Johannesburg, that offers a variety of customization and visual simulation options

 

Distribution:

+++ Zalando is investing €300 million to set up a distribution center near Paris to service customers in France and the Benelux countries

+++ Helly Hansen, which took over Musto in 2017, has taken over the brand’s distribution in the Benelux countries from Kubus Sports

 

Product:

+++ Without announcing a date for its release, Beyoncé has teased her fourth Adidas x Ivy Park collection, featuring a range of swimwear, through a video on Instagram with the tagline “How do you flex?”

 

CSR & Sustainability:

+++ As a test that may be replicated elsewhere, the Peak Performance store on Biblioteksgatan in Stockholm is giving out vouchers to customers in exchange for old Peak garments that can be recycled and then sold to vintage enthusiasts