Latest Retail News & Analysis – Page 162
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News briefs
Gin Kiteboarding has opened a flagship store at the St-Joux...
Gin Kiteboarding has opened a flagship store at the St-Joux kite spot in La Neuveville, in the Swiss Jura. The store features a unique concept that combines a boutique, showroom, rental station, information center and meeting place. The objective is to provide the local community with a place to relax ...
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News briefs
Karstadt's employees are to receive a special payment as the...
Karstadt's employees are to receive a special payment as the German department store group reportedly achieved a profit of €1.4 million last year. The retailer had been unprofitable since 2007 but it went through a restructuring program launched after the takeover of a majority stake by Signa Holding in 2014. ...
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Short stops
Gigasport has opened two new stores in the Steiermark area...
Gigasport has opened two new stores in the Steiermark area of Austria, taking its total network in country up to 16 doors
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Short stops
Hoka One One has opened a pop-up concession until May...
Hoka One One has opened a pop-up concession until May 6 in the men's shoe department for the Selfridges flagship store on Oxford Street in London
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News briefs
Adidas Originals has launched a footwear franchise for women, the...
Adidas Originals has launched a footwear franchise for women, the Arkyn, with a technical mesh upper in a sock-like construction, a neoprene heel and unorthodox lacing system, a Boost midsole, a rubber outsole and three-stripe branding. The company says the Arkyn W provides a fresh perspective on streetwear, while drawing ...
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Article
Adidas invests for market share and profit gains
Despite relatively weak demand for apparel, slower comparable store sales increases in Europe and delayed deliveries in the U.S. market, the Adidas Group managed a sales increase of 16 percent in constant currencies and an even sharper rise in profits for 2017, which encouraged it to upgrade its five-year profit ...
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Article
Adidas upgrades profit guidance, buys back shares
The Adidas Group has shifted gears in the first full year under the leadership of Kasper Rorsted, to amplify and accelerate the five-year strategic plan launched three years ago. The group's management team and brand assets were both rejigged, while the company implemented more centralization, tackled losses at Reebok and ...
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News briefs
Cisalfa has introduced a new e-store, developed in partnership with...
Cisalfa has introduced a new e-store, developed in partnership with Keros Digital. The upgraded e-store is meant to offer its visitors an easier shopping experience. The Italian sporting goods retailer said it chose Keros' K-Oms platform because this is designed to meet diverse order management needs, including multiple order fulfillment ...
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News briefs
SportScheck has acquired full ownership of Fitfox, an online platform...
SportScheck has acquired full ownership of Fitfox, an online platform that suggests more than 3,000 activities in 70 different sports that people can perform in fitness studios and sports halls in 50 German cities. Founded in Hamburg in 2013, the website gets more than five million visits per month. The ...
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News briefs
Decathlon Russia has opened its first store that is not...
Decathlon Russia has opened its first store that is not attached to a shopping center, measuring 4,800 square meters of net selling space, after purchasing a land parcel of three hectares in a dormitory district of St. Petersburg. The company said it plans to add four doors in the same ...
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Article
Zalando invests in new markets, categories and infrastructure
Zalando wants to move into two unidentified new European markets as part of multi-faceted investments targeting a sales increase of 20 percent to 25 percent and continuing market share gains this year.The German online fashion retailer raised its turnover by 23.4 percent to €4,489 million in 2017, driven by a ...
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Article
Adidas teams up with a Russian shoe retailer for the World Cup
Zenden, a Russian shoe retailer that holds a license for the 2018 Fifa World Cup in its country, has announced a plan to open Adidas corners in 150 of its stores in connection with the international tournament. It also plans to release 60 new products including rubber shoes, sneakers and ...
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News briefs
Protest, the Dutch action sports apparel brand, is gearing up...
Protest, the Dutch action sports apparel brand, is gearing up to move into the U.S. market. The Dutch company said that its business in the European market was stable, with subsidiaries in the German-speaking countries, France and the U.K., which allows it to start exploring the U.S. market. Peter Korver, ...
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News briefs
Action Sports Sportartikel is taking over the distribution of 2XU...
Action Sports Sportartikel is taking over the distribution of 2XU in Germany, Austria, Switzerland and the Benelux countries. Matthias Filser, who handled sales of the Australian brand of functional sports clothing in a similar territory through his own company, Filser Sport & Marketing, has been made head of triathlon for ...
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News briefs
Fjällräven has decided to make a strategic change in distribution,...
Fjällräven has decided to make a strategic change in distribution, investing more in retailers classified as specialized outdoor stores, where it believes that it can offer better support. The brand will review the channels in which its products are sold, with major changes coming in Sweden, the rest of Europe ...
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News briefs
Interski has become the new distributor of Falke products in...
Interski has become the new distributor of Falke products in Sweden, starting with orders for the next autumn/winter season The German brand of socks was previously sold in Sweden by Matthew Wise, who has decided to leave the sporting goods industry.
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News briefs
Sports Direct International (SDI) raised its stake in Debenhams to...
Sports Direct International (SDI) raised its stake in Debenhams to nearly 30 percent, the threshold at which it would have to make a formal takeover offer for the department store group. Instead, SDI reportedly said that it wanted to form a tighter strategic partnership with Debenhams, as it increased its ...
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News briefs
Karstadt Sports has opened corners for Reebok with special workout...
Karstadt Sports has opened corners for Reebok with special workout areas for customers at its stores in Munich's Stachus area and on Essen's Limbecker Platz. A dedicated website and a social media campaign will promote the initiative as part of the brand's “Reebok Experience.”
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News briefs
Munich, the Spanish brand of sports and lifestyle footwear, has...
Munich, the Spanish brand of sports and lifestyle footwear, has opened its 9th store in Barcelona, raising the number of directly operated stores in Spain to 15. Located in the Splau di Cornelià shopping center in the district of Llobregat, the 45-square-meter experiential store makes use of methacrylate to spread ...
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News briefs
Adidas has launched a new global campaign under the tagline...
Adidas has launched a new global campaign under the tagline “See Creativity,” as part of a broader marketing program that started in December under the title “Here to Create.” A video shows female athletes who show their creativity by being daring and confident in their different sports activities.
