Latest Retail News & Analysis – Page 157
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Article
Adidas appoints new European leader after a slowdown in the region
The Adidas Group has replaced its management in Western Europe, due to unspecified distribution issues that apparently caused it to slow down more rapidly than anticipated in the company's second-largest regional market in the second quarter.Arthur Hoeld, who previously helped to build up Originals for the Adidas brand, was appointed ...
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Article
Zalando comes out of the red
Zalando managed to book a net profit of €51.8 million for the second quarter of this year, up from $47.4 million in the second quarter of 2017, after taking in a loss of €15 million in the first quarter of this year. While the operating margin fell slightly to 7.1 ...
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News briefs
Sinn, a German fashion retailer, has assigned consultants to study...
Sinn, a German fashion retailer, has assigned consultants to study the competitive situation in some German cities in relation with the potential tie-up between Karstadt Warenhaus and Kaufhof, Textilwirtschaft reports. It emerged last month that the owners of the two German department store chains had started talks about such a ...
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Onitsuka Tiger, the lifestyle shoe label of Asics, has opened...
Onitsuka Tiger, the lifestyle shoe label of Asics, has opened a store in New Dehli's Select City Walk, joining another one in Dehli and one in Mumbai
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News briefs
Adidas its set to take over the sponsorship of the...
Adidas its set to take over the sponsorship of the English Arsenal team from Puma, which has just signed to sponsor Manchester City, the current champion in the Premier League, for £50 million (€56m-$64m) annually after its contract with Nike expires in June 2019. The Big a is said to ...
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News briefs
Adidas and Ikea have initiated a strategic collaboration to learn...
Adidas and Ikea have initiated a strategic collaboration to learn more about people's interests in terms of active lifestyles and training, in order to possibly connect them with different housing solutions. In a press release, Ikea says that the two companies want to encourage people to choose good living patterns ...
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News briefs
JD Sports is launching a 24-hour music and entertainment platform,...
JD Sports is launching a 24-hour music and entertainment platform, called JD-X. The platform, which is being developed in partnership with Immedia, will be offered in-store and in JD's mobile app as a way to blend retail with entertainment. The platform is currently being rolled out to all JD stores ...
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News briefs
Blue Tomato is opening a store in the Swiss city...
Blue Tomato is opening a store in the Swiss city of Lausanne, its first one outside the German-speaking world. The new 350-square-meter store is scheduled for inauguration on Aug. 9. Based in Austria and owned by Zumiez, Blue Tomato specializes in the sale online and offline of products for snowboarding, ...
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XXL Sports & Outdoor plans to open its fourth Austrian...
XXL Sports & Outdoor plans to open its fourth Austrian store on 4,000 sqm. in the autumn in the Seiersberg shopping mall near Graz
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The Signa Sports Group is moving its 5,500-square meter Karstadt...
The Signa Sports Group is moving its 5,500-square meter Karstadt Sports store in Stuttgart to a smaller 3,650-sqm. building previously occupied by a Karstadt department store in the German city
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News briefs
Zalando is bringing out an exclusive line of garments and...
Zalando is bringing out an exclusive line of garments and shoes for women in collaboration with Under Armour, covering training, yoga and other sports including running and boxing, with prices ranging from €44.95 for shirts to €129.95 for leggings. The partners are being aided on the marketing side by three ...
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News briefs
Adidas took six of the top ten spots in a...
Adidas took six of the top ten spots in a recent ranking of world's most Instagrammed sneakers. Meanwhile, the survey found that 53 percent of the world's most Instagrammed sneakers were Nike models. The Adidas NMD, which took the top spot, was mentioned in 5.7 million posts, followed by the ...
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Article
Adidas challenges Rockport’s sale
A U.S. equity fund, Charlesbank Capital Partners, has emerged as the only bidder for most of the assets of the bankrupt Rockport Group, including its intellectual property rights for the Rockport, Aravon and Dunham brands, its sales operations in Europe and Asia and its other global wholesale and e-commerce businesses. ...
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News briefs
Spofact assumed the distribution of Nautilus' lines of Bowflex fitness...
Spofact assumed the distribution of Nautilus' lines of Bowflex fitness equipment in Germany, starting on July 1, completing the range of Nautilus products in its portfolio. Previously, Nautilus was using a Swiss-based company, Trisport, for the distribution of the Bowflex Max Trainer in Germany, Austria and Switzerland. It will work with ...
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Bus Sport will handle the distribution in Switzerland of Alpinestars'...
Bus Sport will handle the distribution in Switzerland of Alpinestars' bike products
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Concept III will represent HeiQ Materials in North America...
Concept III will represent HeiQ Materials in North America
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News briefs
The integration between Sport Zone and JD Sprinter in Iberia...
The integration between Sport Zone and JD Sprinter in Iberia is moving ahead, with several of the Portuguese retailer's stores in Spain reportedly having adopted the green color of the Sprinter retail brand. This comes after JD Sprinter and Sport Zone completed an Iberian tie-up earlier this year under a ...
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News briefs
Just as Sports Direct International (SDI) publicized a sharp decline...
Just as Sports Direct International (SDI) publicized a sharp decline in profits caused primarily by its investment in Debenhams (see full coverage in this issue), the company's chief executive and majority shareholder lashed out at the department store group in The Telegraph, saying that he would be “smashing into [Debenhams]” ...
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News briefs
An entity fully owned by Sports Direct International (SDI), Lovell...
An entity fully owned by Sports Direct International (SDI), Lovell Sports, has invested in the British field hockey and cricket market by buying a specialist retailer out of bankruptcy proceedings. It purchased Barrington Sports, which is described on its website as a retail partner for Lord's Cricket Ground, England Cricket, ...
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News briefs
Keller Sports launched a new online shop, called Keller X,...
Keller Sports launched a new online shop, called Keller X, earlier this month. The German high-end online retailer aims to sell selected lifestyle products and accessories by brands like Nike, Adidas, Puma, New Balance and Asics on its new web store. The number of brands will be expanded in the ...
