Latest Retail News & Analysis – Page 95
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News briefs
Courir buys a Danish-based sneaker retailer catering to women
Courir, the international French-based athletic footwear chain sold by Groupe Go Sport to Equistone Partners Europe at the end of 2018, is taking over Naked Copenhagen, an international online and offline retailer speicializing in top-tier releases of sneakers and streetwear for young women. The price of the transaction has not ...
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Article
JD raises FY guidance after record-setting H1 profits
JD Sports Fashion reported a profit before exceptional items and taxes of 439.5 million pounds (€515.1m-$608.8m) for the first half ended July 31, up sharply from £61.9 million in the same period a year ago, as acquisitions, the U.S. government’s stimulus package and pent-up demand allowed it to rebound strongly ...
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News briefs
Orage plans to return to Europe
Orage, a Montreal-based brand of outerwear that caters primarily to freeride skiers and snowboarders, is reportedly expanding back into the European market. After undergoing several changes of leadership and direction under the umbrella of Coalision and its CEO and president, Bernard Mariette, the brand was sold in 2013 to one ...
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Article
Zalando helps Athleta to expand to Europe
Athleta, the American direct-to-consumer women’s activewear brand owned by Gap, is partnering with Zalando to help reach new customers in Europe through its extensive digital reach and its personalized customer experience. The partnership will also help Zalando to expand its presence in sports fashion and the sports category in general. ...
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News briefs
Fútbol Emotion and Unisport launch lifestyle apparel
Evidently reacting in part to past and possible Covid-related restrictions on attendance at team sports matches, two European team sports retail specialists have launched more ordinary clothing lines. Fùtbol Emotion, the Spanish sports equipment retailer headquartered in Zaragoza, has launched After 90, a new clothing line for football enthusiasts who ...
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Article
JD adopts the OOOOO video commerce platform
JD Sports Fashion has started an exclusive partnership in the U.K. with OOOOO Entertainment Commerce to develop market-leading video commerce content on its young rapidly growing platform. OOOOO describes itself as a technology platform that enables retailers, brands and influencers to share product-based opinions directly to consumers through live, interactive, ...
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News briefs
Tennis-Point opens an expansive flagship in Madrid
As Tradesport reports, Tennis-Point has opened a large physical flagship store in Madrid, not far from the Bernabeu football stadium, as part of its multi-channel proposition. At about 1,200 square meters, it is twice the size of the store in Barcelona proper – the Catalonian city’s largest racquet and paddle ...
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News briefs
Revo builds up its golf business in Europe
Revo Sunglasses has announced the expansion of its Revo Golf division to the U.K. and the European mainland under the leadership of Grahame Jenkins, a 35-year veteran of the golf industry who owns Tee to Green, a monthly golf magazine distributed in all the 400 golf clubs in Ireland. He ...
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ArticleExpanded: First financing for a new, sustainable online marketplace for sports goods, Planetics
A Munich-based startup, Planetics, has successfully closed its first financing round for its online marketplace for sustainable and fairly produced sporting goods. The exact investment sum was not disclosed, but the founders indicated a “six-figure” range of between €100,000 and €999,000. The capital raised will primarily be used to further ...
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News briefsDecathlon’s communication director has passed away
We deeply regret the death on Sept. 5 of Xavier Rivoire, who has been in charge of international communication for Decathlon in the past few years as Decathlon United Media Leader. He was 53 years old. The cause of his death has been described as having been “brutal.” Rivoire joined ...
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News briefsUnder Armour partners with El Corte Inglés for its new sports-focused store in Barcelona
Under Armour has opened a new 500-square-meter space in the centrally located department store of El Corte Inglés at Portal del Angel in Barcelona, which is being remodeled to focus on sports brands, with UA acting as the main partner. It also hosts the first Nike Live store in Europe, ...
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News briefs
Italy’s Maxi Sport is entering Milan
After circling the city with its sports mega-stores in the last few years, Maxi Sport is gearing up to open its first store inside Milan in November, covering 4,000 square meters in its district of Trezzano sul Naviglio. A specific area of the store will be dedicated to basketball, streetwear ...
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ArticleAdidas to double minimum orders by Spanish buying groups
Next year, according to CMDsport, Adidas will be doubling the minimum order for any Spanish buying groups from €1 million to €2 million. While most of Spain’s numerous buying groups already exceed the threshold, certain retailers tell the Spanish trade paper that they believe Adidas is ratcheting up its strategy ...
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ArticleA new CEO for SportScheck
Signa Retail has appointed Matthias Rucker, a partner of the Boston Consulting Group, as the new CEO of SportScheck, in replacement of Thomas Wanke. Starting on Oct. 1, he will be tasked with expanding the digital transformation of the German sporting goods retail chain into an experiential platform for sports ...
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News briefs
Brooks veteran will lead True Motion into the U.K.
Hamish Stewart, who has been working with Brooks Running for more than 20 years, has become U.K. country manager for True Motion, a German running shoe start-up. He will be assisted by another former running shoe veteran, Richard Outterside, as account manager. Stewart was instrumental in building up Brooks’ European ...
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News briefs
Vans launches a virtual environment for customization, play
Vans is launching a game on Roblox, a virtual environment and platform for multi-player video games. Vans World, as the new interactive game is called, combines skateboarding, fashion and networked gaming. Players can use it as a tool with which customize any of four Vans shoe silhouettes or as a ...
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News briefs
Lamoda expands the number of sporting goods suppliers
In the first half of 2021, Lamoda, the Russian clone of Zalando, signed new contracts with a group of sporting goods suppliers including Kettler, Garmin and Peak Performance. In total, more than 400 new fashion and lifestyle brands also joined Lamoda in the first half of the year, including Massimo ...
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News briefs
Wilberries sees big boom in online sales of sporting goods in Russia
Wildberries, the largest online retailer in Russia, reported an 85 percent increase in sales of sporting goods over the internet between the beginning of May and mid-August. In particular, the demand for electric scooters doubled. Electric bicycles were also among the bestsellers. Sales of all kinds of bicycles climbed by ...
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Article
New hurdles in JD’s takeover of Footasylum
Leaving the door open for other comments by Sept. 16 before making a final decision in October, the U.K. Competition and Markets Authority (CMA) restated on Sept. 2 its provisional ban on JD Sports Fashion’s already completed acquisition of the Footasylum, in spite of criticism expressed by the Competition Appeal ...
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Infographics & DataThe largest Sports Equipment Brands 2020
This chart shows the revenue development of the 41 major global sports equipment brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
