Latest Retail News & Analysis – Page 150
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Short stops
Spanish sporting goods retailers achieved a growth of 5.4% in...
Spanish sporting goods retailers achieved a growth of 5.4% in their sales in 2018 according to an estimate by DBK, a Spanish consultancy
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Article
New owners, new team for flash-sale e-tailer
Born in 2010 and based in the Southern French city of Montpellier, Private Sport Shop (PSS) claims to have become the only leading destination in Europe for flash sales of discounted performance-oriented sports products, contributing the bulk of an online turnover that grew by about 20 percent to around €100 ...
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News briefs
Adidas has announced the start of the second tranche of...
Adidas has announced the start of the second tranche of a multi-year share buyback program launched last March. The group plans to repurchase around €800 million worth of its own shares during 2019. It already spent last year €1 billion to buy back 5.1 million shares, corresponding to 2.5 percent ...
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Short stops
Zalando's depressed share price went up by 6.1% following renewed...
Zalando's depressed share price went up by 6.1% following renewed speculation that the Alibaba Group may make a bid for the German-based e-tailer
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News briefs
SportScheck, the leading German sporting goods retailer, appointed Axel Puhlmann...
SportScheck, the leading German sporting goods retailer, appointed Axel Puhlmann to the position of marketing director on Jan. 7. He succeeds Paul Stahala, who had held the position since September 2016 and joined Karstadt as marketing director in November of last year. Puhlmann began his career as a consultant for ...
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News briefs
Sport Country will take over the distribution of X-Bionic in...
Sport Country will take over the distribution of X-Bionic in Switzerland and Liechtenstein from Feb. 1. Reto Bechtiger has rejoined Sport Country as general manager after 15 years of absence.
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Short stops
Rover Textiles has become the agent for Didriksons in the...
Rover Textiles has become the agent for Didriksons in the Netherlands
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News briefs
Intersport Austria is organizing its first-ever free-skiing day at 21...
Intersport Austria is organizing its first-ever free-skiing day at 21 Austrian ski resorts on Jan. 13. To motivate even more people to ski, the company is also giving away 10,000 ski-lift tickets on Jan. 7-11. Intersport Austria has also organized a kids' slope racing cup, with 17 ski races for ...
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News briefs
Kaufland and Lidl, which are both part of the Schwarz...
Kaufland and Lidl, which are both part of the Schwarz Group, have come out with their own sports collections. While Lidl has launched a line of fitness clothing, Kaufland, a German supermarket chain, has launched its own private sports label of apparel and accessories for yoga, Pilates, running, swimming, inline ...
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News briefs
The International Olympic Committee (IOC) and Alibaba Group have announced...
The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on Tmall, China's largest business-to-consumer online retail platform, operated by Alibaba. The Olympic e-store will be initially available to Chinese consumers only, with plans to later create an e-commerce platform available globally. The ...
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News briefs
Decathlon is planning to open about 15 new stores in...
Decathlon is planning to open about 15 new stores in Germany this year at various locations including Fürth, Munich, Dortmund and Berlin. As previously reported, the number of its stores in the country grew in 2018 by 16 to a total of 65 units. The choice of the locations and ...
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News briefs
Courir has opened its first store in the United Arab...
Courir has opened its first store in the United Arab Emirates, based on its new Wood concept, through its master franchisee for the Middle East, Al Mana. The new store is located close to a Go Sport store in Dubai's Mall of the Emirates. Courir, a French athletic footwear chain ...
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News briefs
Starting on Dec. 11, Zalando has been giving its German...
Starting on Dec. 11, Zalando has been giving its German customers the option to pay for the products they order on their iPhones with Apple Pay. It has also begun to test a “Smart Doorbell” and “Smart Doorlock” technology with the Belgian Post Office. The technology allows customers to open ...
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News briefs
The North Face has opened a lifestyle-oriented pilot store in...
The North Face has opened a lifestyle-oriented pilot store in the Williamsburg district of Brooklyn, New York, saying that it represents the next phase on the brand's retail offering, with a focus on a curated customer experience. Covering 4,000 square feet, it features higher-end collections that are more fashion-oriented.
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News briefs
Vans has sued Primark, the British fast fashion retailer, in...
Vans has sued Primark, the British fast fashion retailer, in a federal U.S. court in Brooklyn, charging that it began selling copies of its Old Skool and SK8 Hi vulcanized shoes in the U.S. The hot American brand of sneakers says that Primark started selling those knockoffs in some ...
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News briefs
Adidas is reportedly planning to launch a signature shoe for...
Adidas is reportedly planning to launch a signature shoe for Donovan Mitchell. According to a report in SLCdunk.com, the shoe is set for launch in the third quarter of 2019. Mitchell, 22, plays for the Utah Jazz of the National Basketball Association (NBA). Prior to playing in the NBA, he ...
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News briefs
Adidas has announced an initiative to help remove barriers faced...
Adidas has announced an initiative to help remove barriers faced by girls and women in sports. The She Breaks Barriers initiative expands on the #creatorsunite conversation, launched by the brand in August 2018, and is meant to inspire and support the next generation of female athletes, creators and leaders. To ...
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Article
Major sports retailers grow twice as fast as the world market
The 64 largest sporting goods specialty retail chains in the world raised their sales by 10 percent in local currencies as well as in dollars in 2017, according to an annual survey by Sporting Goods Intelligence, in spite of the strong growth of the generalist internet operators in this and ...
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Article
Global brands and retailers launch a new charter to collectively address climate change
A large group made up of global fashion brands, retailers, suppliers and other organizations is launching the Fashion Industry Charter for Climate Action, a collective initiative to address global environmental concerns, under the auspices of UN Climate Change. The group includes sports companies such as Adidas, Puma, Arc'teryx, Peak Performance, Salomon and ...
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News briefs
Adidas has announced the completion of the first tranche of...
Adidas has announced the completion of the first tranche of a share buyback program, saying that it will give a total return to shareholders of more than €1.5 billion in 2018. The company bought back 5.1 million shares, corresponding to 2.5 percent of its equity, between March 22 and Dec. ...
