Latest Retail News & Analysis – Page 100
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Intersport Austria emerges reinvigorated in H1
Intersport Austria had to report a drop in sales of almost ten percent for the first half of 2021, yet the cooperative is optimistic about the year as a whole, as long as trade and borders remain open. Despite long retail lockdowns and a largely lost ski season earlier this ...
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News briefs
Authentic Brands moves the Spyder license to Liberated Brands
Authentic Brands Group (ABG) has announced the transition of its core licenses for its ski-focused Spyder brand to Liberated Brands. Under the terms of the new long-term agreement, Liberated Brands will assume outerwear and apparel sourcing, product design, marketing, wholesale, e-commerce and retail store operations across the U.S., Canada, Australia, ...
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News briefs
Decathlon sends its first American athlete ambassadors to the Olympics
Decathlon has announced that two of its sponsored athletes, Jamal Hill (paralympic swimming) and Robyn Stevens (race walking), have qualified for the Tokyo Summer Olympics and will be the first Team USA athletes to represent the French brand at the Olympic Games. After being postponed due to the Covid-19 pandemic, ...
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ArticleIntersport sells The Athlete's Foot
The board of Intersport International Corp. (IIC) had already decided one year ago to initiate a search for a new owner of The Athlete’s Foot (TAF), the sports lifestyle footwear banner that it acquired in 2012. The Swiss-based owner of the big Intersport brand has finally picked the Arklyz Group, ...
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ArticleSporting goods stocks jumped by 26.65% in Q2
The average share price of the sporting goods sector grew by 26.65 percent between March 31 and June 30, accelerating from the 10.9 percent growth recorded in the first three months of this year. As usual, the public companies in this sector scored much better than all the major stock ...
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Article
Decathlon begins renting sporting goods in Russia
Decathlon has installed 40-feet containers in several city parks in St. Petersburg where customers can rent some of the company’s sporting brands. Depending on the season and location, Decathlon plans to rent out bicycles, electric scooters, kayaks, SUP boards, tents, football gates, skis, snowboards and skates. Customers can also pick ...
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News briefs
Peloton opens a store in Leipzig
Peloton Interactive continues to expand its presence at retail in Germany, one of the few foreign markets currently under its radar. It has opened its eighth German store in the city center of Leipzig, replacing a former pop-up area in the local department store of Breuninger. Located in the Specks ...
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News briefs
Decathlon launches its marketplace in the U.K.
Decathlon UK has reportedly launched its own marketplace, offering domestic brands such as Donda Cycling and Pendle Bike Racks as well as items by international brands such as Adidas and Speedo. As previously reported, Decathlon is rolling out its marketplace in various European countries. It launched its first marketplace in ...
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ArticleJD upgrades its forecast, reinstates the CEO role
Confirming a report that came out in The Sunday Times in May, which had been initially denied, Peter Cowgill, executive chairman and CEO of JD Sports Fashion, revealed a plan to divide his role before the next annual general meeting of the company one year from now, adding that “a ...
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News briefs
UYN opens its first Basecamp Store
UYN - Unleash Your Nature has opened its first UYN Basecamp Store, a retail space whose concept and name are meant to recall the landmark role of base camps for mountaineers. The new 200-square-meter store is located in San Ginesio, a municipality in the Italian province of Macerata, located in ...
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News briefs
Sports Direct aims to open flagships in all European capitals
Sports Direct is considering acquisitions as a way to build up its presence in Europe, according to the Financial Times. It is also looking at opening flagship stores in “all” capital cities in Europe, similar to the one it has just inaugurated on London’s Oxford Street, as part of a ...
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ArticleJD Sports Fashion on track to acquire Deporvillage
Deporvillage has found a buyer. As we reported in January, the owners of this international sports e-tailer based in Catalonia had engaged a financial advisor with a view toward selling a majority stake. JD Sports Fashion has since stepped in through its controlled holding company in Spain, the Iberian Sports ...
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News briefs
JD reportedly buys a young women’s apparel brand
In a further move into the local young fashion market, JD Sports Fashion has acquired Missy Empire, a fast-fashion e-tailer based in Manchester, according to Drapers, which indicates the possibility that its women’s apparel collection will be offered in JD Sports’ stores and on its website in 2022. The group ...
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News briefs
Decathlon's sales fell by 10.7% in Spain in 2020
Decathlon’s sales in Spain fell last year by 10.7 percent to €1,526 million including VAT, due to Covid-related restrictions, but the online channel grew by 126 percent to represent 18 percent of the total turnover. The number of stores rose by two to a total of 174, but their sales ...
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News briefs
Austria’s Gigasport chain earns Sport 2000’s Profi seal
Gigasport, one of the bigger members of Sport 2000 Austria, is implementing the specialized “profi” concept of the buying group in all its 18 stores in the country. A seal of quality has been given by the buying group for all Gigasport stores in the areas of mountain, ski, bike ...
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Infographics & DataAmazon the major channel for german sporting goods consumers
Amazon is the major purchasing channel for german sporting goods consumers. This is an extract of the research study ”The sports brands winning the online race in Germany” in which we analysed 60 leading sports brands in Germany and conducted a survey with 3.000 consumers in Germany.
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Infographics & DataBest-performing sports brands in the German online market
This is an extract of the research study The sports brands winning the online race in Germany in which we analysed 60 leading sports brands in Germany.
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News briefs
Foot Locker Europe partners with drop-shipping expert
Foot Locker Europe has signed a four-year deal with CommerceHub to help expand its product assortment and create a more efficient supply chain for its Foot Locker and Sidestep banners in 18 countries. It will do so through the drop-ship network of CommerceHub, a leading cloud-based e-commerce enablement platform with ...
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News briefs
Skechers opens a flagship in Berlin
Skechers USA is building up its own network of mono-brand stores in Europe strongly. After setting up a flagship store in Munich last year, it is opening another flagship of 1,000 square meters in a very central area of Berlin. Located on the Tauentzienstrasse in front of the Kaiser-Wilhlem-Gedächtnis Church ...
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News briefs
Intersport launches “Überwissen” campaign in Germany
In a new marketing campaign that ironizes the hyper-knowledge owned and shared by its staff on the sales floor, Intersport Germany celebrates the re-opening of its retail partners’ stores after a long lockdown. The “Überwissen” (= something like “superior knowledge”) video directed by Pat Boriello shows the origin of a ...