Latest Retail News & Analysis – Page 90
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Infographics & DataTop sporting goods retailers in Europe
This exclusive interactive chart ranks the top sporting goods retailers in Europe by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Infographics & DataTop 50 Sporting Goods Retailers in the Galaxy
This exclusive interactive chart ranks the top 50 sporting goods retailers by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleABG signs up licensees for Reebok in the U.S., Latin America and Australia
True to its own business model, the Authentic Brands Group (ABG) has announced a slate of “strategic operating partners” that will license the Reebok brand for the U.S. and other key regions around the world once its acquisition is completed as planned in the first quarter of 2022. The Sparc ...
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News briefs
Frasers expands its credit facility, reports more treasury shares
Frasers Group, the British parent of Sports Direct, announced that it has entered into a new term loan and credit facility with its bankers that allows it to borrow up to an aggregate amount of £930 million (€1,093m-$1,237m) over the next three years, with an option to extend it for ...
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News briefs
Another digital expert joins JD’s board
JD Sports Fashion announced the appointment of Mahbobeh Sabetnia as a non-executive director and the exit of Heather Jackson, after more than ten years on the board. Peter Cowgill, executive chairman of the JD group, said that Sabetnia is bringing “very relevant digital and e-commerce experience” to the company. Using ...
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Article
Snowleader moves into larger premises
Snowleader, a leading online retailer of outdoor and snow sports products based in the Savoy region of France, has moved to a larger, eco-friendly office of 3,000 square meters at Epargny, near Annecy, while inaugurating a new and bigger automated warehouse at a different site further away at Versoud. The ...
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News briefs
On takes over the distribution in Spain
CMD Sport reports that On Running will take control of its business in Spain through its own subsidiary. The Swiss brand has officially announced the consensual termination of its business relationship with Siker Sport, which has been distributing On over the past seven years. As of Jan. 1, 2022, the ...
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News briefs
JD goes for a five-for-one stock split
With 100 percent of the votes cast in favor of a proposed resolution, a general shareholders’ meeting of JD Sports Fashion decided on Nov. 26 to divide each ordinary share of 0.25 pence into five ordinary shares of 0.05 pence. The 5,158,135,745 new shares, all with voting rights, will start ...
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News briefs
New top manager and new ambitions for Footway
Indicating that it may develop into a marketplace for other retailers, the Swedish-based Footway Group announced the recruitment of a top manager from the H&M Group, Daniel Claesson, to serve as chief commercial officer, starting next Jan. 1. He acted most recently as chief product office at the H&M Group, ...
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News briefs
Kickz invests in NFTs via The Football Club
Kickz, the German sneaker and streetwear retailer, is planning a cooperation with a German startup, The Football Club (TFC), that specializes in NFTs. TFC, a Munich-based crypto-soccer-platform that is currently in beta test mode, claims to be the world’s first app-based provider of NFT games. Run by Ante Kristo, TFC ...
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News briefs
A second logistics hub for growing Intersport France
Intersport France has launched the project for the establishment of a second logistics platform of 84,000 square meters in the area of Château-Renault in the Loire Valley, in collaboration with local authorities. Scheduled to go on stream in 2024, it would employ about 150 people at the start, growing to ...
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News briefs
Growing Stadium group shelves sneaker store concept
The Stadium Group, the leading Swedish sporting goods retailer, reportedly opened a Sneakers Point store last May on Nordstan in Gothenburg, but it has already closed it, with no plans to develop further such a concept. According to a spokeperson, five other stores under this banner and a website have ...
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News briefs
Nike cancels orders in the U.S.
A tweet circulated by Brendan Dunne of Complex, which reports mostly about sneakers, has raised new doubts about the Swoosh’s ability to service its retail clients in the U.S. due to the current supply chain disruption, sending down slightly Nike’s share price and that of some major U.S. retailers. Dunne ...
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News briefs
A Nov. 30 webinar on the EU’s new norms on vendor/retailer relations
Two webinars will be held on Tuesday, Nov. 30 to discuss new strategic opportunities and trade complications for the sale of sporting goods in Europe as of June 2022, based on a new updated version of the European Union’s Vertical Block Exemption Regulation (VBER), which has been regulating vertical supply ...
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News briefs
Sprinter opens a first store outside Spain
Sprinter – the biggest and more techical sports retail banner within the Iberian Sports Retail Group (ISRG) – confirms that has opened its 173rd physical store and its first one outside of Spain. According to CMDsport, the Sprinter store is located at the Zuidplein mall in the Dutch port city ...
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ArticleAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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News briefs
Boosted by Covid, SportsShoes.com reports big gains in its last FY
Sales grew by 37 percent to £92.2 million (€109.9m-$123.7m) at SportsShoes.com during the financial year ended Feb. 28, 2021, leading to an increase of 118 percent in Ebitda to £12.2 million (€14.5m-$16.4m), but they have flattened lately, indicating that the Covid-19 epidemic was a boosting factor last year. The company, ...
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News briefs
Decathlon is labelling its own products for CO2
Last month, Decathlon began grading the carbon footprint of apparel and shoes sold under its own brands. So far, the French retailer has labeled 63 percent of these products with a score from A to E (best to worst) and with a figure (in kilograms of CO2) calculated to reflect ...
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Article
Hervis wins award for its online consulting solution
Hervis Sport, the big integrated Austrian sports retail chain, was presented with the Retail Innovation Award 2021 in the “Best Online Solution” category by the Austrian Trade Association on the occasion of Tech Day on Nov. 18, 2021 in Vienna. The jury was particularly impressed by its newly created option ...
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News briefs
Wildberries’ export branch posts a tenfold jump in sporting goods sales
Russia’s largest online retailer, Wildberries, has reported that its turnover in sporting goods outside its domestic market jumped tenfold between January and October 2021, as compared to the same period of the previous year. Wildberries said in a statement that sporting goods represented the fastest-growing segment in its export division, ...
