Latest Retail News & Analysis – Page 49
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News briefsInter-country sell-in cooperation at Intersport
Retail members of the Intersport Spain network have begun placing their orders for items under the Intersport own-brands McKinley and Energetics through Intersport France, according to a report in CMDsport. The test conducted for the autumn/winter 2023/24 sell-in having proved fruitful, Intersport’s buying groups in Spain and France have reached ...
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News briefsCaptain Fin to launch in Europe
Following last year’s acquisition of San Diego-based surf lifestyle and hardgoods brand Captain Fin Co. by Liberated Brands – the global master licensee for Volcom and Spyder – Captain Fin is to officially launch in Europe. The launch coincides with the revitalization of its apparel collection, now infused with sustainable ...
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News briefsCrocs launches virtual store with first 3D shoe customizer
Source: Crocs Crocs has launched a new virtual store in partnership with 3D e-commerce platform Obsess. The Crocs Jibbitz Experience is “a virtual storytelling arena centered around self-expression, personalization, gamification and education.” It includes the brand’s first-ever 3D Jibbitz Customizer, a feature developed by Obsess to provide ...
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News briefsTour de France partners with TikTok to further expand its audience
TikTok is joining the Tour de France (July 1-23,2023) and Tour de France Femmes avec Zwift (July 23-30, 2023) as an official provider. From July 1, fans of the Tour will be able to experience these cycling races also with TikTok thanks to the platform’s creators and users. Every day, ...
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ArticleAfter Mexico, Shein plans to roll out in Europe’s larger markets
Shein, the Singapore-based fast-fashion online retailer, announced that it is expanding its marketplace to Mexico, and that launches in Germany, Spain, France and Italy “will soon follow suit.” The marketplace was previously rolled out in Brazil and the U.S. Shein noted that the local marketplaces offer products from third parties ...
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Infographics & DataSales per employee 2022 at sporting goods companies
Our downloadable infographic has employee numbers and sales per employee at 25 of some of the world’s biggest sporting goods companies.
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News briefsNike’s largest Canadian flagship to open in Edmonton
A new Nike flagship store will open on the main level of the West Edmonton Mall in Edmonton, Alberta, Canada, in a prime location close to the popular hockey rink. Built in four phases from 1981 to 1998, the extraordinary mall was the world’s largest shopping center until 2004. Today, ...
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News briefsFrasers Group invests in electrical retailer AO World
Frasers Group, the owner of Sports Direct, has announced the purchase of a “strategic stake” in AO World, a retail group specializing in electrical goods based in Bolton, England, listed on the London Stock Exchange. The investment follows “productive talks over the last two years about establishing a strategic partnership,” ...
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News briefsNike has another new partner for connected partnership program
Nike has announced a new connected partnership with performance specialty retailer Pro:Direct Sport. Launching first on the Pro:Direct Sport mobile app in the U.K. and on the web in France, the partnership will unlock tailored digital, member-exclusive products and experiences. It will be Nike’s third connected partnership across Europe, following ...
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ArticleSportmaster takes over one Decathlon store, while Russian offshoot reportedly sold and reopening
Russian sporting goods retailer Sportmaster has opened a new store under the Sportmaster Pro banner in the Raduga Park shopping center in Yekaterinburg, taking over a location previously occupied by Decathlon. This is the first time that Sportmaster has taken the place of the French retailer. In early 2023, the ...
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ArticleLaLiga launches online store with Fanatics
Spain’s LaLiga has announced its first-ever official online store with digital sports platform and licensed sports merchandise giant Fanatics, as part of a wide-reaching omnichannel retail and production partnership. The official LaLigaStore will launch globally this summer, ahead of the start of the new football season. Fans will be able ...
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News briefsYouTube to launch its first live e-com shopping channel in South Korea
YouTube will launch its first official live commerce shopping channel in South Korea on June 30, Reuters reported. South Korea already has a booming live streaming commerce business led by tech giant Naver. This makes the country a prime test market for the Alphabet-owned company as it focuses on becoming ...
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News briefsA good 2022 at El Corte Inglés
El Corte Inglés has booked a solid fiscal 2022, despite the discomforts of the economic climate, according to Diffusion Sport. Revenues through the closing date of Feb. 8 amounted to €15.33 billion, up 22.5 percent year-on-year, while Ebitda was €951.4, up 18.3 percent. Recurring net income was the highest in ...
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News briefsECE completes €12 million sports and leisure project in Viennese shopping mall
Source: ECE/Meyer Boulder wall at G3 Shopping Resort Gerasdorf The German retail property company ECE Marketplaces has successfully completed an extensive project for the expansion of the G3 Shopping Resort Gerasdorf, a shopping center on the outskirts of the Austrian capital of Vienna. On an area of ...
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ArticleRussian athletic apparel market in turmoil
The Russian market for sportswear has become strained with the departure of industry leaders Nike, Adidas, Puma and Reebok, as well as smaller European players, over the past year, according to several Russian publications. This segment has suffered much more from Western sanctions than the sporting goods market in general. ...
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Case StudyHow StockX learnt from its competitors and became a sneaker resale giant
We examine how a unique sales model, learning from its competitors, and ensuring authenticity brought success to the sneaker resale platform StockX.
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News briefsPlanetics: Startup acquired by another startup
According to Internet portal munich-startup.de, Potsdam-based startup Khulula has acquired Planetics, a Munich-based marketplace for sustainable sporting goods. Last May, Planetics – founded in 2020 – was still announcing an expansion of its pre-seed round. Then, at the end of March, Planetics made public that it was looking for a ...
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News briefsTmall pilot launches in Spain
As reported by German magazine WirtschaftWoche and other media, Alibaba has started to enter the European market with the first pilot of its B2C marketplace Tmall in Spain. Following Alibaba’s recently announced split into several divisions, one of them will be exclusively dedicated to internationalization. It remains to be seen ...
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News briefsStadium launches collaboration with para-alpine skier Ebba Årsjö
Source: Stadium Ebba Årsjö Swedish retail chain Stadium and Swedish para-alpine skier Ebba Årsjö are entering into a long-term collaboration next year. The main focus of the partnership is to inspire children and young people to try new sports and take on challenges in their own way, ...
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News briefsGoogle introduces generative AI virtual try-on tool
In an attempt to replicate the online fitting room experience, Google has introduced a new generative artificial intelligence virtual fitting tool available through its search engine. It can initially only be used for women’s tops and only in the U.S. Shoppers can click on products with a “Try On” badge ...
