Latest Retail News & Analysis – Page 111
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News briefs
A collective e-commerce platform for Spanish buying groups
Many Spanish independent sports retailers do their purchasing through a variety of buying groups. Diffusion Sport reports that Spain’s National Association of Buying Groups and Organized Commerce (Anceco) has brought to fruition a two-decade-old idea to gather SMEs with similar profiles into a collaborative scheme to enable them to compete ...
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News briefs
Moncler opens its largest store, but another one is sacked
A band of a dozen individuals entered a Moncler boutique on boulevard Saint-Germain, in the elegant and trendy 6th district of Paris, in the afternoon of Friday, Dec. 11 and stole as many jackets of the brand as they could in a matter of seconds. The hooded individuals required the ...
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News briefs
Adidas confirms options for Reebok
Confirming previous media reports, the Adidas Group says that it has started considering various options for its Reebok brand, including a possible sale. “As part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok. These strategic alternatives include both a potential sale ...
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News briefs
Denmark extends Covid-related restrictions for retail and sports, but sports retailers are happy
Danish sporting goods retailers indicate that their sales have been higher overall this year than in 2019 - in spite or because of the pandemic. Public authorities have encouraged people to practice sports, especially outdoors. As they have been saving money on anything except e-commerce, they are also said to ...
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Short stops
DISTRIBUTION
+++ WS4Sports, which already represents Reusch, Maier Sports, Gonso and other brands in Switzerland, has become the general Swiss agent of super.natural, starting with the winter 2021/22 season, although this brand of merino/synthetic clothing is Swiss as well +++ Zag Skis, the 18-year-old French ski brand, has agreed to be ...
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Short stops
RETAIL
+++ Rossignol is opening its first flagship store in Lyon, located in the elegant Presqu’Ile district of the French city +++ Skechers has opened its first flagship store in Munich on the city’s high-traffic Kaufingerstrasse +++ Nike’s Jordan brand is opening a 4,500-square-foot store in Manila, at Bonifactio Global City, ...
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ArticleDecathlon will gross €30m in its first year in Ireland
For several reasons, Decathlon’s entry into the Republic of Ireland, which added a 59th country to the French sports retailer’s worldwide roster, has been a huge success. The project’s 41-year-old leader, Bastien Grandgeorge, is expecting a profit on sales of around €30 million in the first year of operation of ...
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News briefs
Runners Need plans further retail expansion
Runners Need will be opening 10 stores in 2021. The British retailer has opened nine stores this year – in Manchester, Edinburgh, Belfast, Kingston Upon Thames, South Cerney, Chester, Brighton and London’s Covent Garden and Islington – and now operates 43. It has also recently enjoyed its best e-commerce sales, ...
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News briefs
Fanatics acquires WinCraft
As Sports Business Daily reports, Fanatics has acquired WinCraft, in a move that will diversify the company’s reach beyond its core licensed apparel business. Established in 1961, WinCraft is a producer of sports-themed hardgoods and other non-apparel items. The company generates about $100 million in annual revenues, according to Fanatics, ...
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News briefs
Spanish sales agency helps Under Armour
Amazing Solutions, a sales agency in Barcelona, has agreed to support Under Armour in its relations with the numerous Spanish buying groups, starting with the autumn/winter 2021/22 season. Correcting a local press report, Under Armour says it still has a small office in Spain, employing Marc Colomer as sales manager ...
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News briefs
Symphony partners with Itochu for Skins in China
Symphony Holdings has agreed to cooperate with Itochu to develop the Skins brand of compression garments in mainland China and to work together on design, supply chain management and distribution. Itochu got the rights to the Skins brand for Japan, China, South Korea, Taiwan and Hong Kong eight years ago. ...
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News briefs
Adidas and Vice Golf partner on a shoe project
Adidas and Vice Golf, a German brand of golf balls, have joined forces on a limited-edition golf shoe that incorporates the Adidas Boost foam-cushioning technology. The shoe is mostly white, with lime-green accents and a camouflage pattern in gray and white on the top. Vice’s logo is visible underneath the ...
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News briefs
One of Zalando’s three CEOs to step down
Rubin Ritter plans to step down as Zalando’s joint chief executive, responsible for strategy and communication. He and the company’s supervisory board will be negotiating to dissolve his contract, which was to run until November 2023. Ritter says that he will be spending more time with his expanding family and ...
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News briefs
New U.S. partner for Capranea
Capranea, which describes itself as “Switzerland’s leading alpine-inspired luxury brand,” announced today that it has secured a strategic private investment aimed at driving its global expansion. The message sounds similar to Moncler’s almost simultaneously announcement of its takeover of Stone Island. Capranea has signed a deal with the Progression Brands ...
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Infographics & DataThe German Sports Retail Market
This interactive chart shows the largest german sports retailers by revenue, total market size 2019, market shares and revenue development vs the previous year. This chart can be downloaded as JPG, PNG or PDF.
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ArticleIntersport embarks in retail media in Germany
After two years of preparation, Intersport Germany has launched a new retail media service that allows brands from inside and outside the sporting goods industry to advertise themselves through the offline and online channels of some of its affiliated retail members. The clients will benefit from this new service by ...
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News briefs
Adidas grants a Corona bonus to all employees
Adidas has announced that it will give a Corona thank you bonus to all the members of its staff of about 60,000 employees around the world for Christmas. Regulations introduced by the German government will make the bonus free of taxes and social charges. The bonus will amount to up ...
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ArticleRapala rolls out 13 Fishing to over 25 countries
Rapala VMS Corporation, the Finnish producer of fishing lures, equipment and tools, has started the international roll-out of an American brand for recreational fishing, 13 Fishing. In July, Rapala acquired 49 percent of the share capital of DQC International Corp., the Florida-based company that owns 13 Fishing. Prior to the ...
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News briefsZalando adds 1 mln clients during Cyber Week
Zalando acquired more than one million new customers during the sixth edition of its Cyber Week, surpassing last year’s new customer record. The gross merchandise volume (GMV) grew by about 35 percent over same the period and some 7,500 orders were placed per minute at peak times. The share of ...
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News briefs
Sergio Ramos leaves Nike, probably for Adidas
The captain of the Real Madrid football club and the Spanish national football team, Sergio Ramos, has decided not to extend his 10-year deal with Nike. He has now posted a photo on Instagram of him wearing Adidas boots, leading to press speculations that he has signed up with the ...
