Latest Retail News & Analysis – Page 202
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News briefs
According to the Oregonian, Adidas is considering the establishment of...
According to the Oregonian, Adidas is considering the establishment of a factory in Detroit to make sneakers for the North American market. The rumor, which could not be confirmed, follows a statement by Nike that it would create 10,000 jobs in the U.S. if the Trans-Pacific Partnership with Vietnam and ...
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Dahon, the leading brand of folding bicycles based in the...
Dahon, the leading brand of folding bicycles based in the U.S., has established Dahon Europe in Cologne. The subsidiary will be run by the managing director Hans-Joachim Retzlaff, who has been in the bicycle industry for many years. He started in 1997 as marketing manager at Cycleurope and since 2003 ...
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News briefs
Shimano and Kryptonite, the creator of the U-lock for bicycles,...
Shimano and Kryptonite, the creator of the U-lock for bicycles, have signed an agreement for the distribution of Kryptonite bicycle products in a select group of European countries through the sales offices of Shimano Europe. The deal, effective Sept. 1, will cover France, Belgium, the Netherlands, Luxembourg, Denmark, Finland, Sweden ...
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News briefs
After 19 years of collaboration, Zeis Excelsa will stop distributing...
After 19 years of collaboration, Zeis Excelsa will stop distributing Merrell in Italy after the end of this year. By then, it will also have closed or converted its six Merrell stores in Italy. The new Italian distributor of the brand will be a company called Premiere Distribution. More on ...
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News briefs
Decathlon is continuing its Swedish initiative with a new store...
Decathlon is continuing its Swedish initiative with a new store that will be opened in 2016 in the suburbs of Stockholm. Decathlon entered the Swedish market in 2011 with its first store in Stockholm. In 2013, it opened store number two with a product ranged adapted to the Swedish market. ...
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Itochu Corp. is expected to taken on the distribution of...
Itochu Corp. is expected to taken on the distribution of K-Swiss in Japan
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Vibram will work in Canada with a distributor, Rock Gear...
Vibram will work in Canada with a distributor, Rock Gear Distribution, instead of agents to market its Fivefingers line of shoes, which is expanding in the fitness/training segment
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Hurley, the action sports brand owned by Nike, has opened...
Hurley, the action sports brand owned by Nike, has opened a store in the French surf town of Hossegor
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Article
Adidas wants to double in running
The Adidas Group has outlined plans to double its sales in the running market in constant currencies by 2020, which would amount to more than €3 billion, with a stronger focus on fewer franchises and marked investments in the U.S. market. The details were provided at the group's first investor ...
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News briefs
Zalando's listing on the Frankfurt Stock Exchange has been upgraded...
Zalando's listing on the Frankfurt Stock Exchange has been upgraded from the SDAX to the MDAX index of the 50 major German mid-cap companies. The market capitalization of the company has risen by 40 percent since it went public last October on the strength of its improved financial results.
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News briefs
Sports Direct International is planning to open a 1,400-square-meter Sports...
Sports Direct International is planning to open a 1,400-square-meter Sports Direct store in a shopping center in Riga. It will be its first one by this name in Latvia, where it already has a presence through Sportland International, the Baltic sports retailer acquired in 2013. Meanwhile, according to the Austrian ...
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News briefs
Peter Cowgill, executive chairman of JD Sports Fashion, is reported...
Peter Cowgill, executive chairman of JD Sports Fashion, is reported to have said that he would like to see its format rolled out in every major European city. Apparently he made the statement when opening a new 34,500-square-meter flagship store for JD at 201-203, Oxford Street in London. It is ...
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News briefs
Direct Golf, the U.K. golf retailer that is partly owned...
Direct Golf, the U.K. golf retailer that is partly owned by Sports Direct International (SDI), boasts that it is on target to achieve a record financial year after a tenth consecutive month of turnover growth. Its sales jumped by 27 percent in June compared with the same month last year ...
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News briefs
Intersport UK has implemented supply chain adjustments that have enabled...
Intersport UK has implemented supply chain adjustments that have enabled it to drastically reduce delivery times, Sports Insight reports. Without access to the inventory, retail members previously had to call for replenishment. To get the changes started, seven points of sale were integrated with the central inventory. The buying group ...
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News briefs
William Monti, a former president of Sport 2000 France, has...
William Monti, a former president of Sport 2000 France, has quit the voluntary group to become a franchisee of Go Sport, according to Sportéco, and some others are making the same move. The integrated Go Sport chain started only recently to franchise its banner in France, after doing it for ...
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News briefs
The Go Sport Group, which already has a strong presence...
The Go Sport Group, which already has a strong presence in Poland through its full-line Go Sport stores, has opened the first store in the country for its athletic footwear chain, Courir. The store is located in the Galeria Mokotów in Warsaw. As in France, Courir will be supported by an ...
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News briefs
Himaraya, the large Japanese sporting goods retail chain, reports a...
Himaraya, the large Japanese sporting goods retail chain, reports a 52 percent increase in net income to 637 million yen (€4.7m-$5.2m) for the third quarter ended May 31 on 7 percent higher revenues of ¥20.23 billion (€150.6m-$166.4m). The gross margin inflated by 1.6 percentage points to 38.0 percent for the ...
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Hervis Sports has opened its fourth store in Germany, on...
Hervis Sports has opened its fourth store in Germany, on about 1,000 square meters in Amberg and offering all sorts of multi-channel options
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Munich, the Spanish brand of sneakers, plans to open seven...
Munich, the Spanish brand of sneakers, plans to open seven stores in China this year
