Latest Headlines – Page 191
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Stadium launches the Outlet concept in Norway
Ten years after the start of its low-priced Stadium Outlet concept, Stadium has decided to open its first two stores in Norway based on this format during the autumn. The move appears to be logical in a country where prices are generally higher than in Sweden, driving other retailers and ...
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Clarus boasts strong potential for BD and other brands
Clarus Corporation has created a new Performance Sports division focused on sport-enhancing products for performance-driven athletes such as skincare, supplements, nutrition and accessories.Run by Taylor West, who worked most recently as vice president of marketing and e-commerce for KT Tape, the new division will start by taking care of ...
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Russia’s biggest bike producer weighs a project near the EU border
Russia's Velomotors, the biggest manufacturer of bicycles in the post-Soviet economic space, indicated a few months ago its intention to launch six to eight new production lines in the Kaliningrad Oblast – the country's exclave between Poland and Lithuania that was called Königsberg in Prussian times. The project would boost ...
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The Russian government begins tagging bikes
Russian Prime Minister Dmitry Medvedev has ordered the tagging of bicycles, including e-bikes, as well as bicycle frames. Like those already used for footwear since last year, the tags are RFID chips applied to products by their manufacturer or importer to trace their authenticity and origin. Special equipment is needed ...
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Still lots of fake sneakers in Russia
Every third pair of sneakers sold on the Russian market is counterfeit, according to a new marketing study conducted by the consulting agency Brandmonitor. Overall sales of fake sneakers in Russia were close to 77 billion rubles (€1.08bn-$1.19bn) in 2018. About 70 percent of the fakes were sold in open ...
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Decathlon signs the U.N. Fashion Industry Charter for Climate Action
Decathlon has announced its formal commitment to the Fashion Industry Charter for Climate Action, an initiative under the auspices of U.N. Climate Change that draws fashion stakeholders toward the goals of the Paris Climate Change Agreement. The Charter was launched at COP24 in Katowice, Poland, in December 2018. By signing ...
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Companies close their stores on global Climate Strike Day
Vaude joined the Fridays For Future global climate strike on Sept. 20, with around 70 employees of the German outdoor company taking to the the streets in Friedrichshafen. To make their way to the demonstration, Vaude employees used e-cars, e-bikes and bicycles. Vaude's headquarters in Tettnang on Lake Constance has ...
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New strategic moves by Intersport in the U.K. and Portugal
While expanding in Norway and entering the market of Taiwan (see our previous issue), Intersport International Corp. (IIC) is making a bold move to turn around its ailing operations in the U.K. and preparing to enter the market of Portugal, which has been a white spot for the group in ...
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Sport 2000 moves into Greece
Sport Depot, the licensee of Sport 2000 International in Bulgaria and Serbia, has extended the license to Greece, where it opened its first store on Sept. 6, following an investment of €3.5 million. Called Sport Depot Mega Store, it is described as the largest sporting goods store in northern Greece, ...
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JD reports strong first-half results
The acquisition of The Finish Line in the U.S. and solid increases in comparable store sales in its sporting goods chains around the world helped JD Sports Fashion to boost its total revenues by 47 percent to £2,721.2 million (€3,048.9m-$3,364.3m) in the 26-week period ended on Aug. 3. On a ...
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Decathlon acquires an internet retailer
Decathlon has acquired a controlling share in Alltricks, a French internet start-up specializing in the cycling, running and outdoor segments. As we understand it, the idea is to further develop the omni-channel capabilities of the world's largest integrated sporting goods retailer and to build up an international platform that can ...
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Decathlon and Kant expand their joint project in Russia
Kant, a major Russian sporting goods retailer, has opened a second shop-in-shop in a Decathlon store in the country, following a successful first experiment that began two years ago in a shopping center in Zelenograd, a city in province of Moscow (SGI Europe Vol. Vol. 28 n°32+33 of Oct. 31, ...
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Decathlon opens an ultra-modern flagship in Moscow
Decathlon has opened an ultra-modern flagship store in a building that will also house the French retailer's headquarters for the Russian market. With a retail space of 3,100 square meters and 900 m² for a restaurant and three exercise rooms where visitors can try sporting gear, it is located on ...
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Sportmaster will service eastern Russia better
Russia's biggest sports retailer, Sportmaster, has opened a big distribution center of 50,000 square meters in the city of Yekaterinburg to service its stores in the eastern part of the country – including the Urals, a part of Siberia and the Volga region – as well as in Kazakhstan.The overall ...
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Fischer gets going with One Way
Fischer Sports has appointed one of its managers, Severin Lehner, to run its One Way business unit, assuming responsibility of brand management, product development and sports marketing for the Finnish brand of ski poles, which it took over in May 2018.He will report to Franz Föttinger, the chief executive of ...
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Ongoing momentum for Lululemon, also in Europe
The Canadian-based brand posted another stellar quarter, and its momentum still shows no signs of slowing. Net income for its first fiscal quarter ended Aug. 4 jumped by 30.6 percent to US$125.0 million, while revenues surged by 22 percent to $883.3 million. On a constant-dollar basis, sales were up by ...
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Zumiez’ Blue Tomato expands further in Europe
Blue Tomato has opened a big store on a well-known shopping street the center of Amsterdam. Located at Kalverstraat 193-195, the 400-meter shop is the second one in Netherlands, after an opening in Utrecht last November. It already has about 40 physical stores operating in Austria, Germany, Switzerland, in addition ...
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Apex expands Hi-Tec licensing and distribution
Apex Global Brands has reported the signing of several new licensing and distribution contracts for its Hi-Tec brand with partners in Europe, North America and Asia, and more partnerships may follow.The company had previously announced the addition of new licensing deals for its Tony Hawk brand, including an interesting contract ...
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New partnerships for an incentivizing app
My Money Time, maker of the WePulse platform and app, has signed two partnership deals in the past couple of weeks with Wellness Training and, more recently, with Klésia. Wellness Training has also purchased a minority share in the company.Headquartered in the French city of Biarritz, My Money Time has ...
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Gresvig concentrates on the Intersport banner
Gresvig, the former leader in the Norwegian sports retailing sector, announced a new cooperation with Intersport International Corp. (IIC) and its decision to rebrand all its stores as Intersport. Its remaining G-Sport and G-Max stores will be converted to the Intersport banner between now and the middle of 2019. Its ...
