Latest Retail News & Analysis – Page 142
-
Article
11teamsports buys into a similar Czech retailer
11teamsports, the German multi-channel retailer, has taken control of Top4Sport, a similar Czech-based sporting goods retailer, by acquiring a 51 percent stake in the company on June 1. The takeover is expanding the group's presence in other parts of Europe. Up to now, 11teamsports was only represented in Germany, Austria, ...
-
Article
Adidas and Nike back women’s football
Adidas has signed up as a founding partner of United for Girls, a new initiative from the U.S. Soccer Foundation aimed at increasing opportunities for girls and women from underserved communities to play football. Adidas' participation in United for Girls is part of the brand's “She Breaks Barriers” initiative to ...
-
News briefs
XXL ASA, the highly leveraged Norwegian-based sports retailer, says it...
XXL ASA, the highly leveraged Norwegian-based sports retailer, says it has agreed on a new covenant with its bank consortium for its third-quarter results. Last February, it had renegotiated covenants for the first and second quarters of this year. The covenant for the third quarter sets a debt/Ebitda target of ...
-
News briefs
The battle for control of Netshoes, the Brazilian e-tailer specializing...
The battle for control of Netshoes, the Brazilian e-tailer specializing in athletic footwear, has ended. Its shareholders approved on Friday Magazine Luiza's latest improved offer of $3.70 a share, valuing the company at $115 million. The Brazilian omni-channel retailer had initially made a bid for Netshoes at $2.00 per share, ...
-
News briefs
VF Corp. has entered into a partnership with Tmall, the...
VF Corp. has entered into a partnership with Tmall, the Chinese B2C e-commerce platform and marketplace owned by Alibaba Group. VF is hoping to glean insights into the Chinese market in terms of buyers, growth opportunities, product design and assortment. This is not the American company's first collaboration with the ...
-
News briefs
After a long absence, Slazenger is returning to France. The...
After a long absence, Slazenger is returning to France. The move back across the English Channel will occur in the spring/summer of 2020. Global Sportswear Services (GSS) will be handling the footwear license for France and plans to begin with a mid-tier line of about ten models and a higher-end ...
-
News briefs
Lorpen has made a number of strides recently to extend...
Lorpen has made a number of strides recently to extend the reach of its technical socks. In the U.S., the Spanish brand has signed a marketing deal with Recreational Equipment Inc. (REI), the outdoor cooperative website based in Sumner, Washington, and has been working with the retailer Dunham's Sports. In ...
-
Short stops
Brandfusion is taking on the distribution of Reef in the...
Brandfusion is taking on the distribution of Reef in the Benelux countries
-
News briefs
Atmósfera Sport, a major Spanish buying group with more than...
Atmósfera Sport, a major Spanish buying group with more than 250 affiliated sporting goods stores, has made various investments in digital marketing and logistics in the past few weeks. It has hired half a dozen new employees to help stimulate the online sales of its retail members. It has also ...
-
News briefs
Like Intersport, the Tréndico Group – formerly Twinner Iberia –...
Like Intersport, the Tréndico Group – formerly Twinner Iberia – intends to set up shop in Portugal by next year. The Spanish group opened one of its lifestyle-oriented Foot on Mars stores on 250 square meters in the British colony of Gibraltar in May and plans to inaugurate e-commerce for ...
-
News briefs
Go Sport has opened its first two stores in India,...
Go Sport has opened its first two stores in India, following a master franchise agreement signed at the end of 2017 with the Lulu Group. The two units are a store of 1,200 square meters in Mumbai and another one measuring 1,000 m² in Bangalore.
-
News briefs
Under Armour plans to open its first store in the...
Under Armour plans to open its first store in the Nordic countries in September. It will be located in Stockholm's Mall of Scandinavia, which is right next to the Swedish National football stadium, Friends Arena. At a little over 200 square meters, the store will display the breadth of the ...
-
News briefs
NikeLab and the designer Virgil Abloh have launched the Chicago...
NikeLab and the designer Virgil Abloh have launched the Chicago Re-Creation Center at 673 de N. Michigan Avenue. Slated to run during the summer, from May 31 to July 28, this “cultural hub” is intended to provide mentorships and workshops for the young in Abloh's hometown as well as exclusive ...
-
News briefs
Blue Tomato, the omni-channel boardsports retailer, is planning to open...
Blue Tomato, the omni-channel boardsports retailer, is planning to open its first brick-and-mortar shop in Scandinavia, according to sport-guide.com. The Austrian-based retailer, which is a subsidiary of the Zumiez group, already sells online in Denmark, Finland and Sweden. Blue Tomato is also planning to open a store in Amsterdam in ...
-
News briefs
Uniqlo will inaugurate its first Italian physical store on September...
Uniqlo will inaugurate its first Italian physical store on September 13. Until now, the brand's Italian presence was online only. The 1,500 shop, on three floors, will be located in Milan's Piazza Cordusio, at walking distance from Piazza Duomo. The Japanese brand opened a 2,040-square-meter shop in Amsterdam last October, ...
-
News briefs
Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has...
Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has announced that his company should be delivering packages with drones “within months.” Speaking at Re:Mars – the e-tail behemoth's conference on machine learning, automation, robotics and space, held on June 4-7 in Las Vegas – Wilke said that Amazon's latest ...
-
Short stops
Nike plans to open its first European House of Innovation...
Nike plans to open its first European House of Innovation in Paris, at 79 avenue des Champs-Elysées, in December
-
Short stops
Rossignol has reopened its concept store in Aspen, Colorado, which...
Rossignol has reopened its concept store in Aspen, Colorado, which was originally planned as a winter pop-up shop, adding bicycles and warm weather apparel and shoes
-
Short stops
A survey shows that Decathlon is the favorite retailer in...
A survey shows that Decathlon is the favorite retailer in France across all sectors, followed by Leroy Merin, a DIY chain that belongs to the same big family-owned retail group, Mulliez
-
Short stops
Ekosport, the French outdoor e-tailer, will open its fifth brick-and-mortar...
Ekosport, the French outdoor e-tailer, will open its fifth brick-and-mortar store this autumn, in the French city of Gap, according to reports in sport-guide.fr
