Latest Retail News & Analysis – Page 108
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Article
New retail initiatives by VDS, Internetstores and Intersport
Triggering new initiatives, the retail sector has been reinventing itself in Germany following the retail lockdowns ordered by government authorities to minimize contamination from the Covid-19 virus. A couple of interesting examples were presented during the workshops and conferences given as part of the new ISPO Munich Online event. ...
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ArticleSport 2000 obtains high carry-over contingents from the ski industry
Retailers affiliated with Sport 2000 across national borders have been able to secure a considerable increase in the number of ski products that suppliers will continue to offer as part of their collections during the winter 2021/22 season. The share is now 65 percent for alpine skis and 78 percent ...
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News briefsZalando joins the Ellen MacArthur Foundation
Zalando has joined a circular economy network by becoming a member of the U.K.-based Ellen MacArthur Foundation. The German online retailer said that the collaboration is in line with its commitment to apply the principles of circularity and extend the life of at least 50 million fashion products by 2023. ...
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News briefsPentland Connect cross-brand ordering platform attracts 1,200 retailers
With online shopping picking up during the coronavirus pandemic and retailers adapting to an unpredictable retail climate, Pentland Brands has expanded its B2B online offering through its Pentland Connect platform for retail clients. Retailers can now order products from across the brand’s portfolio 24/7. According to the group, since its ...
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News briefs
Bianchi takes over its distribution in France
Bianchi, the Italian bike company owned by Cycleurope since 1997, is setting up a new “France division” headed up by Christoph Soenen, a French manager who worked previously for Royal Velo France, Mavic, Campagnolo and Ekoï. The brand was previously distributed by the French subsidiary of Cycleurope along with Peugeot ...
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News briefs
Didriksons pop-up in Paris
As reported by Sportfack, Didriksons is opening a temporary showroom in the Le Marais district of Paris at 12 Rue Notre-Dame de Nazareth. Didriksons’ offering has been available to French customers for a little over a year, but only through e-commerce at didriksons.com. The brand, founded in 1913 in Grundsund ...
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News briefs
Intersport Austria stretches payment terms for members
Due to the negative development of the winter season caused by the pandemic in Austria’s tourist regions, Intersport Austria has set up extensive support measures for its affiliated dealers. It is granting a 12-month deferred payment to more than 100 of them for all deliveries of winter goods from its ...
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ArticleIntersport’s global retail sales fell by 9% in 2020
Intersport International Corp. (IIC) reports a drop of around 9 percent on a currency-neutral and store-adjusted basis in its members’ retail sales across the world during 2020, but expects a rebound in the spring. In terms of euros and with The Athlete’s Foot (TAF) excluded, total retail sales fell by ...
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News briefs
Adidas among top 100 most sustainable firms, although down in the ranking
Adidas has been named among the most sustainable companies in the world in the global Corporate Knights 2021 ranking, an annually updated index of the Global 100 most sustainable corporations in the world. Adidas took the 76th spot with an overall score of 59.6 percent, down from the 55th spot ...
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News briefs
Ferrino will distribute Spektrum eyewear in Italy
Ferrino has announced a new partnership with Spektrum, the Swedish eco-friendly brand of sports goggles and accessories, which makes the outdoor company the distributor of Spektrum eyewear in Italy. Spektrum’s frames are made of plant-based non-food derivates from corn. The details on Spektrum’s frames are made out of non-food resin ...
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News briefs
Amazfit smatwatches now on sale at Argos stores in the U.K.
Argos is the first nationwide retailer in the U.K. to become an authorized dealer of Amazfit products. The products on sale at Argos stores are limited for now to four of the company’s newest smartwatches: the GTS 2, the GTS 2 mini, the Neo and the GTS 2e. First launched ...
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News briefs
Tennis-Point opens second Spanish physical store
Diversifying from e-tail, Tennis-Point has opened its second brick-and-mortar store in Spain. This one is located on a premium thoroughfare – the Passeig de Gràcia – in the city of Barcelona, covering some 600 square meters. It will operate on an omni-channel model with a staff providing personalized advice. Tennis-Point’s ...
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News briefs
Adidas introduces extra-light golf shoe
Adidas has unveiled the new ZG21 spiked golf shoe. The new shoe is said to weigh 20 percent less than any previous spiked model sold by the brand. This is made possible by a cushioning that is 40 percent lighter than the typical EVA foam in the market. The ZG21 ...
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Article
Google probed again by the EU
Google is under dual investigations in the European Union for allegedly abusive practices in its advertising business. This month, according to Reuters, anti-trust regulators for the EU have sent to a number of advertisers a 13-page questionnaire regarding the “Include Google Display Network” default setting for search campaigns on Google ...
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Article
Record market capitalization for Zalando as it expands in the Nordics
Zalando’s Connected Retail program has attracted many retailers in the Nordic countries, where it has been expanding recently its reach among consumers, notably with the creation of a dedicated Swedish website. Without specifying how many of them are sports stores, a spokesperson for the company said it has now around ...
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ArticleBoohoo, Asos make moves on major U.K. retail assets
Boohoo, the growing British online fast-fashion retailer has acquired the intellectual property assets of Debenhams, the oldest and biggest department store in the U.K., for £55 million (€75.3m-$69.1m) in cash, plus value-added tax. The takeover includes Debenhams’ big internet marketplace with the related customer data, contracts and other business information, ...
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Short stops
RETAIL
+++ Bergans of Norway will open a new bmono-rand store in the Norwegian city of Trondheim +++
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Short stops
DISTRIBUTION
+++ Glacier Imports has agreed with Groove Armada Distribution that it will take over its distribution in the U.K. and Ireland of Capita snowboards, Union snowboard bindings, Coal headwear, DeeLuxe snowboard boots and Crab Grab snowboard gloves and accessories from the autumn/winter 2021/22 season +++ Aclima, the Norwegian merino wool ...
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News briefs
Adidas sponsors a young, high-ranking tennis player
Adidas has announced a “long-term partnership” with Félix Auger-Aliassime, the youngest tennis player in the global ranking of the top 25 professionals. At the age of 20, the Canadian has scored as the 21st best male tennisman. Adidas indicates that one reason for the partnership is the fact that he ...
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Article
Germany gives more aid to retailers affected by the extended lockdown
As expected, the German government has agreed with the federal states on a further extension of a lockdown for retailers that sell non-essential products until Feb. 14. In response to requests made by fashion and sports retailers that are heavily dependent on the sale of winter products, especially seasonal clothing ...
