Latest Retail News & Analysis – Page 85
-
News briefsABG strengthens Reebok’s position through new U.S. partnership with Foot Locker
While the transfer of ownership of the Reebok brand from Adidas to Authentic Brands Group (ABG) is expected to be completed in the first quarter of this year, the new owner has already announced a new and expanded partnership with New York-based sports retailer Foot Locker for the brand, limited ...
-
News briefsKlarna launches immersive basketball activation in the U.S., accessible worldwide
Klarna, the Swedish retail banking, payment and online shopping service, has unveiled “The Klarna All-Star Vault,” an interactive activation celebrating the connection between fashion and professional basketball in its 75-year history. The promotion – Klarna’s first-ever immersive sports activation – continues the shopping service’s expansion in the sports industry, following ...
-
News briefsSportsShoes.com wants to become world’s most sustainable running retailer
Part of SportsShoes.com’s “Leave No Footprints” environmental and sustainability strategy was the plan to become carbon neutral, which the U.K. online retailer achieved last April. Now the company aims to become the world’s most sustainable retailer of running gear. To achieve this ambitious goal, it has commissioned British Midlands-based sustainable ...
-
News briefsLondon Sport partners with Decathlon
In a new partnership, Decathlon UK is joining the Sport Tech Hub, a program run by London Sport to make London “the most physically active city in the world.” Through the Sport Tech Hub, London Sport aims to bring the power of technological innovation to efforts to increase physical activity ...
-
News briefsDecathlon positions itself as the “benchmark company” for padel sports
Decathlon Spain is determined not to miss the opportunities offered by the still trendy sport of padel. The retailer has announced that it wants to position itself as “the reference for padel players.” To that end, it is heavily promoting the D-Padel marketplace, which was originally created by employees of ...
-
News briefsNew Bleckmann distribution center opened in the U.K.
Bleckmann, a leading Dutch provider of supply chain management services to the fashion and lifestyle market with customers such as Gymshark and Superdry, among many others, has opened a new fulfillment center in Lutterworth, its fourth location in the U.K. The brand new building at Magna Park has a floor ...
-
News briefsSport 2000 GmbH with new management duo
Source: Sport 2000 GmbH Dominik SOlleder On May 1, 2022, Dominik Solleder will become the new co-managing director of Sport 2000 GmbH, the Sport 2000 licensee for Germany, Switzerland and the Benelux countries, alongside Margit Gosau. Hans-Hermann Deters, in this position since 2014, will leave the company ...
-
ArticleKuenzi will join The Athlete’s Foot after a 24% sales gain
The 550-odd stores and websites affiliated with The Athlete’s Foot (TAF) around the world raised their sales by 24 percent to a new record of $503 million in the past year, said the Arklyz Group, which acquired the chain from Intersport International Corp. in July, surpassing the originally set target ...
-
News briefsNew global store concept for Hoka launched in Asia
Green Room, an experimental design agency based in Birmingham, has partnered with footwear and apparel brand Hoka to develop a new global store concept that has been launched first in China and Southeast Asia. The partnership has developed a community-focused retail concept that will be rolled out in multiple locations ...
-
ArticleXXL starts 2022 with a sales dip after 9.4% growth in Q4
XXL ASA said its revenues declined in January by around 20 percent to 720 million Norwegian kroner (€71.5m-$81.7m), after a “record-breaking” January 2021, as the Nordic sports retailer’s monthly sales performance was conditioned by less favorable winter sport conditions in most of the Nordic region as well as an earlier ...
-
ArticleDecathlon Germany reports best year in history
Decathlon Germany has reported the most successful financial year in the company’s 35-year history. Since the first German store opened in Dortmund in 1986, the sporting goods manufacturer and retailer has expanded to 84 stores, two logistics centers and four campus locations for central services with a total of 4,833 ...
-
News briefsGore-Tex expands its U.S. rental program
Gore-Tex has expanded its rental program called “Outerwear on Demand” in the U.S. The snowsports apparel rental service was originally launched in December 2020 and is now offered at 15 ski resorts and retail stores across the country. Gore-Tex has even developed a dedicated Outerwear On Demand collection. The apparel ...
-
News briefsNew Sports Direct flagship store planned in Manchester
Frasers Group has announced plans to open a new Sports Direct flagship in the Arndale shopping center in Manchester city center. Sports Direct currently occupies 2,700 square meters on the lower first floor of the shopping center. Under a new 15-year lease, Sports Direct will move into the 5,440-square-meter space, ...
-
News briefsDecathlon Germany tests CO2-friendly same-day delivery
The sporting goods retailer and manufacturer Decathlon is testing the expansion of sustainable services in Germany. In Munich, a pilot project has been set up in collaboration with Glocally, a logistics company founded in 2021 by three students at the Technical University of Munich. The company focuses on a sustainable ...
-
News briefs
Superkicks with 4th brick-and-mortar store in India
Indian online sneaker retailer Superkicks opened its fourth brick-and-mortar store in Guwahati in the country’s northeast on Feb. 5. To test the market, which the retailer says has already been very profitable for its online business in the past, Superkicks opened an 80-square-meter pop-up store for a six-month period. ...
-
News briefsSeventh Absolute Run store opened
Sport 2000 reports that the seventh Absolute Run store opened on Feb. 4 in Germany. The owner of the store, which has been existing as “Laufsport Andreas” since 2006 in the city of Minden in North Rhine-Westphalia (80,000 inhabitants), is Petra Benecke, who has now reopened her store as “Absolute ...
-
News briefs
Varlion finds a distributor in Sweden
Varlion, the Spanish producer of pádel racquets, has opted not to set up a branch office in Sweden and entrust its distribution there to Active Brands Group. According to founder Felix Regalia, who spoke with the Swedish trade publication SportFack, the accompanying marketing plan is simple: argue that Varlion’s products ...
-
Article
With new members, Intersport Germany predicts over 5% annual growth
Intersport Germany predicts that its retail members will be able to achieve annual growth of more than 5 percent between now and 2025, with significant double-digit growth online, benefitting from the development of the “360° Intersport ecosystem,” new omni-channel services and the broad rollout of better store formats. The 800-odd ...
-
Article
Adidas and Decathlon encourage shoe recycling to help women practice sports
Adidas and Decathlon have decided to jointly organize and finance a program intended to promote sustainability and women’s sports in France at the same time. In a first step, Decathlon has started offering customers at its 330 stores in France to drop off 25,000 used sports shoes by any brand, ...
-
News briefs
Julbo takes over its distribution in Spain, hires an international sales manager
Julbo is severing ties with Esportiva Aksa, its partner of many years in the Spanish market, and taking charge of its own distribution in the country. To this end, the French optical brand has hired two executives: Brian Sánchez Vigara and Roger Puig Ventura. Julbo is in addition looking to ...