Latest Retail News & Analysis – Page 153
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News briefs
The relatively new internet portal Sportmarken24.de, which was launched in...
The relatively new internet portal Sportmarken24.de, which was launched in February by Dominik Benner, a German shoe retailer and former member of ANWR's supervisory board, has entered into a partnership with MeinEinkauf.ch as of this month. Private customers as well as companies located in Switzerland can now use the Swiss internet ...
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News briefs
Rapha, the British maker of cycling apparel and accessories, opened...
Rapha, the British maker of cycling apparel and accessories, opened an office in Spain last month. The office is located in the Science and Technology Park of Gijon, in Asturias, the birthplace of professional cyclists Chechu Rubiera and Samuel Sánchez. Rapha is reportedly looking to establish an e-commerce team there.
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News briefs
Keen has opened a new product distribution center in Sheperdsville,...
Keen has opened a new product distribution center in Sheperdsville, Kentucky. The 300,000-square-foot “Fan Engagement Center,” as the company has called the facility, is said to have the capacity to process 30 percent to 50 percent more daily volume than the company's previous distribution facility. The center, which was inaugurated ...
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News briefs
Adidas and Nike were among the 237 brands that generated...
Adidas and Nike were among the 237 brands that generated sales of more than 100 million yuan renmimbi (€12.6m-$14.4m) at Alibaba's Single's Day consumption festival on Nov. 11. New Balance was also a winner with 60,000 pairs of shoes ordered during a pre-sales program. Overall, consumers placed orders for a ...
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News briefs
Nike has inaugurated its flagship store in New York City,...
Nike has inaugurated its flagship store in New York City, dubbed as “House of Innovation 000.” The six-level space, including a below-street-level floor, covers around 68,000 square feet on the corner of Fifth Avenue and 52nd Street. The store has been designed to offer services that are highly customizable and effortlessly ...
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News briefs
Sportamore is launching a new business model and technical platform,...
Sportamore is launching a new business model and technical platform, involving Adidas as its first strategic partner. The idea behind the Swedish online sports retailer's new platform is to enable suppliers to sell and deliver goods directly from their own warehouse to consumers via Sportamore's customer interface, starting with a ...
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News briefs
Deportes Sevilla, an important regional sporting goods retail chain, has...
Deportes Sevilla, an important regional sporting goods retail chain, has joined Base Detall Sport, the Spanish buying group that recently joined Sport 2000 International. As CMD Sport reports, the deal bolsters Base's presence in Andalusia and establishes it for the first time in the autonomous community's capital, Seville. Founded in ...
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News briefs
Rapha has set up a partnership with Wiggle, the British...
Rapha has set up a partnership with Wiggle, the British online and offline cycling retailer that has since merged with Chain Reaction Cycles. Certain items from Rapha's Core, Classic and Pro Team collections already appear on the Wiggle website. The partnership's stated purpose is to eliminate redundancies at Rapha's London ...
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Short stops
Decathlon plans to open a 38,000-square-foot store in Montreal's Eaton...
Decathlon plans to open a 38,000-square-foot store in Montreal's Eaton Centre before the end of 2019
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Short stops
Champion has opened its first store in Boston, which will...
Champion has opened its first store in Boston, which will be its fourth one in the U.S.
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News briefs
Adidas has filed suit in South Florida District Court against...
Adidas has filed suit in South Florida District Court against a further 200 websites for the sale of counterfeit Yeezy, Adidas and Reebok shoes. It is seeking the seizure of their domains, the scrubbing of their URLs from search engines and $2 million in statutory damages per defendant.
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News briefs
Adidas is said to be close to signing a record-breaking...
Adidas is said to be close to signing a record-breaking €1.1 billion sponsorship contract with the Real Madrid club for the next ten years. The deal would guarantee a minimum of €110 million per year, up strongly from the current fee of €38.7 million and way above the €85 million ...
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News briefs
The Brazilian e-tailer Netshoes has reported a net loss of...
The Brazilian e-tailer Netshoes has reported a net loss of 136.4 million Brazilian reais (€31.9m-$36.5m) for the third quarter of this year, roughly triple the net loss reported a year ago. Sales for the period were down 3 percent to R$ 417.8 million (€97.8m-$111.7m), while the gross margin shrank fourfold ...
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Article
Fanatics boosts management as it internationalizes
Fanatics has continued the strong international deployment of its vertical manufacturing and merchandising model by signing a new long-term partnership with the strong German Football Association (DFB). It will handle the sourcing of a greater range of licensed products for the DFB that will be available to fans all over ...
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News briefs
Keller Sports, the German online retailer of selected sporting goods,...
Keller Sports, the German online retailer of selected sporting goods, says it has raised an eight-digit amount of equity financing from Reimann Investors, which was already its lead investor, and from the Co-Investor Group. The new financing round, which is described as the largest one in the company's history, is ...
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News briefs
Adidas has opened a new event center and staff restaurant...
Adidas has opened a new event center and staff restaurant at its headquarters in Herzogenaurach. The new building, encompassing 14,000 square meters, is called Halftime. By April 2019, Adidas will also open a new building with workplaces for 2,000 employees, a new car park, meeting spaces and areas for sports ...
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News briefs
Adidas has appointed a new general counsel, Jan Heinemann, who...
Adidas has appointed a new general counsel, Jan Heinemann, who will report to Kasper Rorsted, the company's chief executive. The previous general counsel, Frank Dassler, left the company earlier this year, and Paul Ehrlich had stepped in on an interim basis. Ehrlich will resume his post as general counsel for ...
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News briefs
Oy Sultrade, one of the major distributors of sports products...
Oy Sultrade, one of the major distributors of sports products in Finland and the Baltic countries, has a new chief executive, Sari Rosin, replacing Risto Salo, the former CEO of Halti, who is leaving the company. Rosin, 46, will remain CEO of Oy Transmeri Ab, one of the subsidiaries of ...
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Short stops
Jorcani has been appointed as the distributor of Capranea, the...
Jorcani has been appointed as the distributor of Capranea, the Swiss brand of high-end skiwear, in Spain and Andorra
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News briefs
Rossignol has opened a flagship store in Paris, near the...
Rossignol has opened a flagship store in Paris, near the Opéra theater. It features skiwear and urbanwear along with a premium selection of winter products. The new store, which was inaugurated on Oct. 22, is located at 21, boulevard des Capucines, and the French ski brand is planning to open ...
