Latest Retail News & Analysis – Page 174
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News briefs
Zalando released details of a planned new €30 million logistics...
Zalando released details of a planned new €30 million logistics center in Sweden. Located in Brunna near Stockholm, the distribution center will be operational by the end of the year, with up to 300 employees. The goal is to significantly reduce the time required fopr deliveries of parcels in all ...
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News briefs
The Australian Financial Review reports that Decathlon, the French sports...
The Australian Financial Review reports that Decathlon, the French sports retailer, plans to open 100 stores in Australia. Decathlon moved into the Australian market about one year ago with an online store, as part of a much wider expansion plan that has seen it target markets in South East Asia ...
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News briefs
Under Armour (UA) has opened a 400-square-meter flagship store near...
Under Armour (UA) has opened a 400-square-meter flagship store near Bergamo, Italy, at the Oriocenter shopping center. It is the first flagship store for the U.S. activewear brand in Italy. The opening follows the signing of a seven-year distribution agreement for Italy with Oberalp in May 2016. The deal is ...
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News briefs
Gola, the British sports brand owned by the Jacobson Group,...
Gola, the British sports brand owned by the Jacobson Group, has announced an agreement with Madras for the distribution in Japan of Gola Classics shoes and accessories. In the course of the current spring/summer season, a limited edition of Gola Classics made in England will be presented at pop-up concessions ...
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News briefs
Adidas has recruited Kendall Jenner, the 21-year-old supermodel and reality...
Adidas has recruited Kendall Jenner, the 21-year-old supermodel and reality TV star, as brand ambassador for Adidas Originals. She personally made the announcement to her 81 million followers on Instagram. Jenner's brother-in-law, Kanye West, already has a highly popular collaboration with Adidas since 2013 for its Yeezy Boost. Her sister, ...
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Article
Adidas reshuffles the top deck
The executive board of the Adidas Group has been reshuffled with two new members announced last week, adding up to three appointments and two departures after Kasper Rorsted's arrival as chief executive in October. The changes have entailed the appointment of a new managing director for the Adidas Group in ...
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Article
Adidas sells TaylorMade to a private equity firm
The Adidas Group has finalized an agreement to sell TaylorMade Golf for $425 million to KPS Capital Partners, a U.S. private equity firm. Adidas bought the company in 1997 as part of its acquisition of Salomon, the French ski equipment maker, at a price equivalent to about €1.2 billion for ...
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Article
Adidas strides ahead
The Adidas Group continued to zoom ahead in the first quarter of this year, with an ample sales rise and a sharp improvement in operating profit margin, despite pressure in the Russian market and a decline in football apparel sales.The Adidas group's turnover was up by 18.9 percent to €5,671 ...
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Article
Zalando tests GPS-assisted deliveries
Zalando continues to be at the forefront of innovation in e-commerce with a test in Belgium of a new geolocation-assisted delivery service. By using a smartphone-enabled GPS tracking process, it will allow the shipment of its parcels directly to customers wherever they are, rather than only to their homes or ...
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Article
European Commission sticks with selective distribution rules
The Federation of the European Sporting Goods Industry (Fesi) supports the conclusion of a sector inquiry conducted in the last two years by the European Commission into online retailing, which decided not to change the current practices of selective distribution – allowing sports brands to manage their distribution and to ...
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Short stops
VF Corp.'s sale of Majestic to Fanatics has been completed...
VF Corp.'s sale of Majestic to Fanatics has been completed
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News briefs
Fenix Outdoor International, the company that owns three leading European...
Fenix Outdoor International, the company that owns three leading European outdoor retailers along with Fjällräven and several other outdoor brands, has agreed to take a stake of 75 percent in Alpen International, its distributor in South Korea. Fenix says the takeover will be made through a share issue, which is ...
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News briefs
Electric California has signed a master franchising deal for Europe,...
Electric California has signed a master franchising deal for Europe, the Middle East and Africa with Pilot Fish, a company in the French city of Biarritz that specializes in the distribution of emerging brands in the action sports sector. The brand of sunglasses was previously distributed in Europe by Volcom, ...
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News briefs
Sport 2000 has introduced a new concept for the S2...
Sport 2000 has introduced a new concept for the S2 stores in France. S2 Sneakers Specialist, formerly S2 Street and Sport, is described as focusing particularly on digital tools and customization. The colors of the banner, black and yellow, have remained unchanged. The new store concept was presented in Nancy ...
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News briefs
Sports Direct is opening a six-level megastore in Dublin. The...
Sports Direct is opening a six-level megastore in Dublin. The new 37,000-square-foot store is located in North Earl Street, on the premises that were once occupied by the Boyers department store. The store will offer 250 brands and feature around 50,000 products, for both children and adults, covering 30 sport ...
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News briefs
Ochsner Sport, the Swiss sporting goods retailer, has relaunched its...
Ochsner Sport, the Swiss sporting goods retailer, has relaunched its online store in cooperation with KPS, a business consultancy based in Munich. Ochsner Sport's new online store combines e-commerce with marketing and is based on technologies from SAP and Adobe. The Swiss retailer, which is part of the Deichmann group, ...
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News briefs
Canada Goose has announced the opening of two new flagship...
Canada Goose has announced the opening of two new flagship stores and a larger e-commerce reach. The maker of luxury artic apparel will open its first European flagship store in London this autumn. It will be the brand's largest retail space to date. The company will also open a two-level ...
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News briefs
Fusalp, the French skiwear brand taken over by members of...
Fusalp, the French skiwear brand taken over by members of the Lacoste family three years ago, is branching out into beachwear. In this context, the brand has just opened its first store near the sea at Saint-Jean-de-Luz, on the Basque Coast of France.
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Short stops
Peak Performance is opening its second directly operated German store...
Peak Performance is opening its second directly operated German store in Stuttgart at the end of this month
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Short stops
Adidas will have a store later this year on via...
Adidas will have a store later this year on via Vittorio Emanuele II in Milan, near the cathedral
