Latest Retail News & Analysis – Page 152
-
News briefs
As expected, the retailers affiliated with Sport 2000 in France...
As expected, the retailers affiliated with Sport 2000 in France approved their acquisition of the 52 percent stake held by Activa Capital in their company at an extraordinary shareholders' meeting on Nov. 22. Supported by bank loans, the retailers will finance the acquisition in different ways, changing the status of ...
-
News briefs
Zalando appointed two new vice presidents this month. Sara Diez,...
Zalando appointed two new vice presidents this month. Sara Diez, previously working as senior buying director for Europe and the Middle East at Nike, became vice president for Zalando's product line for woman. Diez succeeds Dalbir Bains, who left Zalando after four years. Before her career at Nike, Diez worked ...
-
News briefs
Pentland Brands is relaunching Ellesse in the U.S. through its...
Pentland Brands is relaunching Ellesse in the U.S. through its own subsidiary, headed up by Robert Dundon since last March, starting with limited releases of shoes and clothing at Foot Locker, Urban Outfitters and other selected retailers. The Italian vintage brand of sports apparel, which is enjoying strong momentum, has ...
-
News briefs
Arc'teryx, a division of Amer Sports, has opened a new...
Arc'teryx, a division of Amer Sports, has opened a new mono-brand store in Japan, its largest in-mall store in the country. The new 264-square-meter store, on two floors, is located in Fukuoka Momochi, the largest commercial facility in western Japan. The store, which was inaugurated on Nov. 21, sells Arc'teryx's ...
-
News briefs
Bogner, the German luxury sports brand, has expanded into China,...
Bogner, the German luxury sports brand, has expanded into China, where it has opened its first franchise space. The store is located in the Thaiwoo ski resort, northwest of Beijing and a three-hour drive from China's capital city. The shop will be open seven days a week. Thaiwoo will play ...
-
News briefs
In December, with a soft launch scheduled for the 21st,...
In December, with a soft launch scheduled for the 21st, Rossignol is set to open its first American pop-up store at the Benton building in Aspen, Colorado. It will be a seasonal concept store with a decor recalling both Rossignol's 110-year history in winter sports and its rooster logo. The ...
-
News briefs
Zalando is launching a new strategy, called Connected Retail, to...
Zalando is launching a new strategy, called Connected Retail, to integrate online and offline channels as part of its evolution from an online retailer to an open ecosystem, or platform. Through Connected Retail, Zalando's fashion partners can take orders from Zalando customers themselves and ship the goods directly from their ...
-
News briefs
El Corte Inglés has entered a wide-ranging cooperation with the...
El Corte Inglés has entered a wide-ranging cooperation with the Alibaba Group, covering cloud computing, trading, logistics and smart payments. The Spanish department store chain, which is a major player in the domestic sporting goods market, will have access to Alibaba's software solutions for large data analysis and customer relationship ...
-
Short stops
Decathlon has opened its ninth store in Mexico, covering 3,000...
Decathlon has opened its ninth store in Mexico, covering 3,000 square meters in the Magnocentro de Interlomas in Mexico City
-
Short stops
An Under Armour store is set to open soon in...
An Under Armour store is set to open soon in Milan in a former building of Luxottica on via Orefici, next to Levi's and Tommy Hilfiger
-
Short stops
Woolrich has opened a directly operated store in the Austrian...
Woolrich has opened a directly operated store in the Austrian ski resort of Kitzbühel
-
News briefs
Zalando announced that it would not organize the Bread &...
Zalando announced that it would not organize the Bread & Butter by Zalando fashion festival in 2019, leaving the door open for similar events in selected cities. The online retailer launched the consumer-oriented marketing event for the first time three years ago at the former Tempelhof airport in Berlin, after ...
-
News briefs
Zalando booked a net loss of €41.7 million in the...
Zalando booked a net loss of €41.7 million in the third quarter, up sharply from €11.1 million in the year-ago period, while sales growth slowed down to 11.7 percent from 28.7 percent. The adjusted operating profit (Ebit) sank to a negative level of €38.9 million on total turnover of €1.2 ...
-
Article
The weather impacts Zalando
Zalando's management blamed the protracted hot summer weather for a slowdown in its growth to a rate of 11.7 percent during the third quarter. It added that it will do its best to return to its longer-term target of annual sales growth of 20-25 percent during the fourth quarter, but ...
-
Article
Adidas is performing well globally
The Adidas Group is predicting a global sales increase of between 8 and 9 percent in local currencies for the current financial year, down from a previous forecast of 10 percent, due to continued lower-than-expected sales results in Western Europe. However, it has revised upwards its expectations for profitability, predicting ...
-
Article
More signs of fatigue for Adidas in Europe
After a strong rally between 2015 and 2017, the Adidas brand has performed so far this year less well in Europe generally than Nike, Puma or Under Armour. In the third quarter, its sales in Western Europe were off by one percent in euros and by two percent in constant ...
-
News briefs
Zalando appointed two new vice presidents this month. Sara Diez,...
Zalando appointed two new vice presidents this month. Sara Diez, previously working as senior buying director for Europe and the Middle East at Nike, became vice president for Zalando's product line for woman. Diez succeeds Dalbir Bains, who left Zalando after four years. Before her career at Nike, Diez worked ...
-
News briefs
Runtastic, the mobile fitness company owned by Adidas, has announced...
Runtastic, the mobile fitness company owned by Adidas, has announced that its co-founder and chief executive, Florian Gschwandtner, will withdraw from operational management and leave the company, effective Dec. 31, 2018. He has been with the start-up for nearly ten years. Alfred Luger and Christian Kaar, respectively chief financial officer ...
-
News briefs
The Puig brothers, who own Gregal Sport, have purchased a...
The Puig brothers, who own Gregal Sport, have purchased a stake in Representaciones Fusfor, the distributor of Fusalp in Spain, Portugal and Andorra. Led by a renowned sporting goods industry figure, Xavi Riba, Fusfor was founded in 2010 specifically to distribute Fusalp on the Iberian Peninsula. Gregal Sport is the ...
-
News briefs
Wintex Italia, the company that took over the global management...
Wintex Italia, the company that took over the global management of the Sergio Tacchini brand in 2013, has signed a new licensing deal with Ubc-United Brands Company, which will now be in charge of the production of Sergio Tacchini apparel as well as its distribution in Germany, Switzerland and Austria. ...
