Latest Retail News & Analysis – Page 130
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ArticleAdidas launches a skiwear line
Confirming a report in Süddeutsche Zeitung, Adidas says it is planning to enter the snow sports market with a line of winter sports apparel for cross-country and alpine skiing, ski touring and snowboarding for the autumn/winter 2020/21 season. It will be launched under its growing sub-brand for outdoor products, Adidas ...
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Article
Half of Spain’s snow sports retailers are gone, but...
There is some general good news for Spain’s ski sector. Thanks to this past Christmas, the 2019/20 ski season is off to a strong start. The main ski lodges in Spain and Andorra have seen skiers’ numbers increase. The Aramón group had its second-best start ever, with 325,000 skiers, and ...
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Article
Sports brands and retailers help fight Australian blaze
Several companies in the sporting-goods industry are making donations to help rescue wildlife and help fight the great bushfires that have kept swaths of Australia ablaze since early September. They appear to be the worst fires on the continent since the mid-1970s. So far, they may have killed as many ...
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ArticleNike and Adidas trigger distinct emotions
In an interesting exercise, CMDsport has pitted the top two sports brands against each other in a survey of 5,491 Spaniards who read its publications. At stake were the “emotions” that these brands inspire. The Spanish trade paper developed a list of 34 such emotions or perceptions and asked participants ...
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News briefs
Sport 24, the third-largest sporting goods retailer in Denmark, which...
Sport 24, the third-largest sporting goods retailer in Denmark, which has been growing fast, has moved to a new 3,200-square-meter headquarters in Jutland. Henrik Bruun, the founder, has used his own money to build an attractive, modern building to handle all functions for the chain's six divisions. There is also ...
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News briefs
In the summer of 2019, Zalando completed the construction of...
In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...
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News briefs
Adidas has announced the start of the third tranche of...
Adidas has announced the start of the third tranche of its multi-year share buyback program, which calls for the purchase of up to €3.0 billion worth of its own shares between March 2018 and May 2021. It is planning to purchase own shares worth up to €1.0 billion in 2020. ...
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News briefs
Reef Lifestyle, the premium surf brand recently divested by VF...
Reef Lifestyle, the premium surf brand recently divested by VF Corp., has established partnerships to transfer the distribution of its footwear to specialists in Europe, the Middle East and Africa (EMEA). The distributors include Brandfusion Holland (Netherlands, Belgium and Luxembourg), Quality Brands (Germany, Austria, Switzerland and France), Georgoudas OE (Greece), ...
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News briefs
In order to position the brand more clearly in Scandinavia,...
In order to position the brand more clearly in Scandinavia, Hummel has opened an office and showroom in Askim outside Gothenburg, run by a Swedish country manager, Rikard Björk, says Sportfack. The Danish sports brand was previously using an agent for Sweden. The new subsidiary is expected to establish Hummel ...
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News briefs
Giant Ibérica struck a collaboration agreement with Giant France in...
Giant Ibérica struck a collaboration agreement with Giant France in late December and, with the turn of the new year, has begun operating through the latter subsidiary. The agreement covers marketing, sales, logistics and product development. The cycling brand is thereby consolidating its largest market worldwide. France, Spain, Portugal and ...
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Short stops
Nike is reportedly forbidding its retail partners in the U.S....
Nike is reportedly forbidding its retail partners in the U.S. from shipping its products internationally
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Short stops
Ciclosport will take care of German sales for Digitsole, the...
Ciclosport will take care of German sales for Digitsole, the French brand of app-activated sneakers that can regulate their temperature
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News briefs
Operating entirely within Spain, Sprinter has become the top banner...
Operating entirely within Spain, Sprinter has become the top banner of the Iberian Sports Retail Group, a joint venture between JD Sprinter and Sport Zone that is now entering its third year of operation. Store totals per banner have changed significantly over this time. At present, however, the group counts ...
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News briefs
Tradeinn was expecting to close out 2019 with about €150...
Tradeinn was expecting to close out 2019 with about €150 million in sales. The Spanish online retailer of sporting goods has instead achieved €188 million, for a leap of 40 percent from the previous year. According to the founder, David Martín, the group was already looking past its stated target ...
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News briefs
Adidas has reached a negotiated settlement with Rick Pitino, the...
Adidas has reached a negotiated settlement with Rick Pitino, the former coach of Louisville University’s basketball team who was fired in 2017 over a bribery scandal, ESPN has reported. Pitino claimed to have no knowledge of a deal under which James Gatto, a former sports marketing executive of Adidas, and ...
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News briefs
Adidas has launched new laceless footwear for tennis players. The...
Adidas has launched new laceless footwear for tennis players. The new Stycon shoe, whose silhouette does not look like the typical tennis sneaker, is said to offer optimized comfort for wearers thanks to improved fit and control. The shoe has no shoelaces and a knit collar, designed to naturally expand ...
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News briefs
Adidas has launched a range in collaboration with Pokémon Company...
Adidas has launched a range in collaboration with Pokémon Company for the new year, according to Hypebeast. The range comprises tracksuits, T-shirts, shorts and footwear for youth and adults, marked with graphics inspired by the visuals of the early Pokémon video games. Patterns of pixels are used to create colors, ...
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Short stops
Adidas Golf has signed up Daniel Berger to a multi-year...
Adidas Golf has signed up Daniel Berger to a multi-year contract for apparel, footwear, headwear and other accessories
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ArticleXXL issues another profit warning
XXL issued a profit warning last week, citing particularly weak trading conditions in December and at Christmas. It said poor winter conditions in the big cities where it operates, combined with large price cuts from competitors, contributed to a sales drop of 12 percent on a comparable basis in the ...
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ArticleDecathlon relies on Alibaba for online sales in Russia
Decathlon has begun to sell its products online in the country through the Tmall marketplace of AliExpress Russia, instead of using its own internet platform as in other countries.
