Latest Retail News & Analysis – Page 138
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News briefs
Lululemon's U.K. arm saw its profit after tax jump by...
Lululemon's U.K. arm saw its profit after tax jump by 42 percent to £1.2 million (€1.3m-$1.5m) for the year to Jan. 31, 2019, as compared to 2018. Sales increased by 38 percent to £40.8 million (€45.8m-$50.7m). During the year, the verticalized brand opened two new U.K. stores, in Guilford and ...
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Short stops
Canada Goose has opened its first Italian store in Milan's...
Canada Goose has opened its first Italian store in Milan's central Via della Spiga
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Short stops
Nike will reportedly open a big Niketown flagship store in...
Nike will reportedly open a big Niketown flagship store in the Yorkdale Shopping Center of Toronto, operated by the Israeli-based Fox-Wizel fashion retail chain
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News briefs
Zalando is launching a four-week pilot project to introduce reusable...
Zalando is launching a four-week pilot project to introduce reusable packaging for its customer deliveries. The Berlin-based online retailer will ship deliveries to 10,000 customers in Finland, Norway, Sweden and Denmark in envelopes that can be used for shipments as well as returns in a bid to reduce packaging waste ...
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News briefs
The Outdoor Retailer show cancels Winter Market
Emerald Expositions, the organizer of the Outdoor Retailer show, has decided to cancel the Winter Market that was scheduled to take place for the second time on Nov. 5-7 and to concentrate all the product offerings for the next autumn/winter season at the Outdoor + Snow Show on Jan. 19-31. ...
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News briefs
Adidas, Nike and Puma have joined the Global Fashion Pact...
Adidas, Nike and Puma have joined the Global Fashion Pact to protect the world's climate, biodiversity and oceans at the instigation of Kering, the former controlling shareholder of Puma, which is committed to sustainability. The fashion pact, which gathers 32 groups – mostly from the fashion sector – representing nearly ...
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Article
Alibaba pulls a strong quarter despite the ongoing trade war
Supported by growth in e-commerce and cloud computing, Alibaba Group Holding's revenues for its first fiscal quarter ended on June 30 topped analysts' expectations. This came despite the difficult trade environment caused by the ongoing U.S.-China dispute, as well as an increasingly competitive e-commerce industry.The Chinese e-tailer's sales increased by ...
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News briefs
Zalando, the Berlin-based online retailer, will be delivering parcels for...
Zalando, the Berlin-based online retailer, will be delivering parcels for Adidas in Paris. Orders that are placed on Adidas' French website will be delivered on the same day or the following day, as customers decide. Initial trials with partners of the so-called Zalando Fulfillment Solutions (ZFS) will probably start at the ...
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News briefs
Alpina Sports, the helmet and eyewear manufacturer that is part of...
Alpina Sports, the helmet and eyewear manufacturer that is part of the Uvex Group, processes approximately 74,400 orders per year. Instead of paper lists, the sporting goods manufacturer now relies on voice control. In the past, the company has preferred manual order picking in its 9,500-square-meter central warehouse in the Swabian ...
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News briefs
Munich, the Barcelona-based footwear brand, has settled on a single...
Munich, the Barcelona-based footwear brand, has settled on a single distributor in Portugal for both its fashion and the sports collections. Bedivar, as the company is called, has its headquarters and an extensive logistical network in the country, distributing important brands like Crocs, Fila, Merrell and New Era, in addition ...
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News briefs
StockX, the e-commerce platform focusing on the sneaker resale market,...
StockX, the e-commerce platform focusing on the sneaker resale market, is launching an Italian version of its app and website. StockX was founded in Detroit in 2016, and made its European debut in October 2018.
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Short stops
Arnold Sports has agreed to distribute Enervit, the Italian brand...
Arnold Sports has agreed to distribute Enervit, the Italian brand of sports nutrition products, in the German market
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News briefs
The Norwegian sports retail market is changing rapidly, as illustrated...
The Norwegian sports retail market is changing rapidly, as illustrated by Gresvig's momentum decision to drop the G-Sport and G-Max banners, concentrating on Intersport (see the story in this issue). Mobo Sportsholding, the owner of the high-end Anton Sport chain, is buying Milsluker'n, an Oslo-based retailer specializing in skiing, cycling and ...
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News briefs
Yesterday, Puma opened its first flagship store in North America,...
Yesterday, Puma opened its first flagship store in North America, located at 609 Fifth Avenue in New York City and covering 18,000 square feet of retail space on two floors. It features a product customization studio, digitally connected offerings and innovative sports engagement zones, including F1 car racing simulators and ...
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News briefs
JD Sports will be opening next year its first store...
JD Sports will be opening next year its first store in downtown Paris, following several openings in France, including in the Parisian suburbs. According to reports by sport-guide.com, the new store will be in the 2,200-square-meter space formerly occupied by H&M at 118-120 rue de Rivoli, right across from Foot ...
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News briefs
Daka has opened a megastore in a shopping center located...
Daka has opened a megastore in a shopping center located near a highway in the Leidsche Rijn district of Utrecht, called The Wall. It's the 15th store operated by the retailer in the Netherlands. Daka will be in direct competition with Decathlon, which has had a store in the mall ...
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News briefs
Sales in the U.K. cycling market have dropped by 4.8...
Sales in the U.K. cycling market have dropped by 4.8 percent in volume in the first half of 2019 as compared to the first half of 2018. Meanwhile, value sales are only down by 0.5 percent. The figures are included in the first U.K. cycling market data service by Sports ...
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News briefs
Mammut has opened its first concept store in cooperation with...
Mammut has opened its first concept store in cooperation with a franchisee in the Swiss town of Andermatt. It is described as a “Point of Experience” rather than a point of sale. Together with bike and ski rental services offered by the franchisee, Imholz Sport, it hosts the first example ...
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News briefs
Salomon plans to open its first full-fledged mono-brand store in...
Salomon plans to open its first full-fledged mono-brand store in Germany, measuring 200 square meters, on Nov. 8. It will be located in the very central Sendlinger Strasse of Munich, very close to the local store of The North Face. Salomon will offer apparel and shoes for men and women ...
