Latest Retail News & Analysis – Page 105
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Decathlon expands in southern Russia
Decathlon has started building a mega-store in Sochi that will be one of the chain’s biggest ones in Russia when it opens its doors on 5,000 square meters of selling space in 2022. The company is also planning to contract out new suppliers in the region, which hosted the Winter ...
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News briefs
Sergio Tacchini signs joint venture with a French firm for 20 countries
Sergio Tacchini has expanded its exclusive and perpetual licensing deal with its French-based distribution partner, Movin, creating a joint venture for the production, distribution and marketing of most of its products in eight European countries, the Middle East and North Africa. Glasses, watches and fragrances developed under the brand are ...
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ArticleEurope’s patchwork of Corona regulations for retailers
Daily changes to local Corona safety regulations for retail stores make it difficult to stay on top of things as the pandemic situation heats up again in most European countries. Here is an overview (as of March 25, subject to change and with regional variations) of the status of so-called ...
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News briefs
At least seven more JD stores in Spain are in the works
JD Sports is expanding rapidly in Spain, where it has already set up a network of a dozen stores in the last couple of years. It has just opened a store in a shopping center of Madrid, La Vanguardia, and according to CMDsport, it is planning to add two others ...
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News briefs
JD takes Size? to Canada
JD Sports Fashion has opened its first Size? sneaker shop outside Europe in Toronto. It has also launched a dedicated web store for the Canadian market, www.size.ca. The chain’s expansion in Canada is expected to continue with a store in Vancouver later this year, followed by a second one in ...
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Article
Yue Yuen posts losses despite retail rebound
Although China is resisting the pandemic much better than other markets, Yue Yen Industrial Holdings ended 2020 in the red, hampered by the global decline in the demand for shoes, especially in the casual segment. The company was strongly impacted by government measures to contain the spread of the disease ...
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News briefs
Decathlon is recovering and expanding in the U.K.
This month Decathlon will be opening a two-floor, 35,000-square-foot experiential flagship at the Trinity Leeds mall in the British city of Leeds. The store will make products available for customers to touch, and maintain a repair shop for bicycles, kayaks and tents. According to Fashion Network – which quotes the ...
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ArticleIntersport deploys electronic pricing in Greece and some other countries
The Fourlis Group, one of the master licensees of Intersport, has rolled out an electronic shelf labelling (ESL) solution that allows for instant price changes at some of its stores in Greece and other countries, permitting better price management and saving a lot of time. Based in Greece, Fourlis is ...
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News briefsRossignol drives a mobile showroom through Germany and Austria
Rossignol has informed the German press that it is using a special car trailer as a mobile showroom in Germany and Austria. A French spokeswoman for the group says it is a trailer developed by Felt, the group’s American brand of road bicycles. It is currently used only in those ...
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News briefs
Munich’s largest shoe store to open in April
Schmid Schuhe Mode Sport is opening next month the largest shoe store in the Munich area, taking the place of a former Karstadt department store in the Olympia shopping mall. The 9,500-square-meter location will offer regular and sports shoes for the whole family on two floors. Based in Augsburg, the ...
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ArticleSigna is looking to lead the international pádel market
The game of pádel, an easier alternative to tennis, is said to be most popular now in Spain, Portugal, Italy and Switzerland, and industry experts predict that it is going to spread soon to other countries including France, Germany, Austria, Switzerland, the U.K. and the U.S. According to CMDsport, Signa ...
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ArticleLacoste goes more technical with the help of Tecnifibre
Tecnifibre, the French tennis and squash hardware specialist, will handle the distribution of all the performance tennis and golf products of Lacoste, the increasingly fashion-oriented sports apparel specialist, starting with the spring/summer 2022 season. Lacoste, which took over Tecnifibre in 2017 through its own parent company, MF Brands, has already ...
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News briefs
Gymshark opens an inspirational office in Denver
As planned, Gymshark has opened its head office for North America in Denver, Colorado. It will host regional functions in such areas as product development, branding, athlete management, legal and customer service in an inspirational environment. Much like its global headquarters in Solihull, England, the space offers a number of ...
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News briefsAdidas and Peloton collaborate on apparel
As expected, Adidas has announced the launch of a line of apparel with Peloton on March 25. The Adidas x Peloton spring/summer 2021 collection – designed in collaboration with the Peloton instructors Ally Love, Robin Arzón and Cody Rigsby – is made of tank-tops, tights, shorts, hoodies, T-shirts, crewnecks, sports ...
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News briefs
Decathlon plans to work with more online marketplaces in Russia
Decathlon is set to begin selling sporting goods through several online marketplaces in Russia as part of an expansion of its online sales activities, according to the local Retail news service, which quoted Julia Goroshenya, development director of Decathlon in Russia. Decathlon has already worked successfully with Russia’s second-largest online ...
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News briefs
JD Sports partners with an e-sports firm in Italy
JD Sports and Qlash, an e-sports organization, have announced a new year-long partnership for 2021 that allows JD Sports to be part of the Italian e-sports scene. Under the terms of the deal, the two companies will use their physical locations to “exchange” visibility and exposure. JD Sports will rely ...
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Article
Zalando lifts sales forecasts, aims for 10% of Europe’s fashion market
Zalando has lifted its sales and profit forecasts for 2021 after reporting a 23.1 percent rise in revenues to about €7,982 million for the 12 months to Dec. 31, 2020, with increases of 17.2 percent in the German-speaking countries and 28.4 percent in the rest of Europe, where they reached ...
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News briefs
Echelon Fitness expands into France and Germany
Echelon Fitness, the American producer of connected bikes, treadmills, rowers and fitness mirrors, is launching Echelon Fit France and Echelon Fit Germany this month. Patterning them after its business in the U.S., the new entities will be producing live and on-demand coaching programs in each country’s language and at studios ...
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News briefs
First Canadian JD store may open in the second half
JD Sports Fashion is reportedly planning to open its first JD Sports store in Canada in the second half of this year. Like it did in the U.S. with the acquisition of The Finish Line, it would utilize the platform of Onepointfive Ventures, a company based in Vancouver that it ...
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News briefs
Saucony takes charge of its Iberian distribution
Saucony is taking charge of its own distribution on the Iberian Peninsula through a new subsidiary. For the past couple of decades the Wolverine-owned brand has relied on a company called Deerfoot Sport for its business in Spain, Portugal and Andorra. The new subsidiary will be headed up by Gerónimo ...