Latest – Page 101
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News briefs
An Austrian women’s soccer club wins a Sport 2000 team bus
In a campaign to support and appreciate the added value provided by local sports clubs to society, Sport 2000 searched for the most popular club among the 15,000 team sports clubs operating in Austria through an online poll. Among the nearly 100 teams that applied to participate in the challenge, ...
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News briefs
JD Sports invests in Gym King
JD Sports Fashion has announced the acquisition of a “significant” minority stake in Gym King. Founded in 2015 by Jay Parker, Gym King is a U.K.-based brand of athleisure and performance wear. The deal is supposed to support Gym King’s growth and international expansion in the U.S., Europe and Asia, ...
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News briefsAsos warns of volatility ahead while global sales rise
Asos, the British online fashion retailer, warned of volatility in the months ahead, due to the rapidly evolving Covid situation worldwide, as it reported a rise in sales and maintained its guidance for annual profits. It pointed out that profits were being squeezed by increased freight costs and global supply ...
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News briefs
BrandFusion will sell Champion and O'Neill shoes in the Netherlands
A Dutch sales agency, BrandFusion, has agreed to include the footwear collections of Pantofola d’Oro, Champion and O’Neill in its product portfolio for the Dutch market, according to Sport Partner. These brands are licensed for various territories by the five-year-old Brandsplus Group, which is also the distributor of Fila in ...
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Article
StockX reaches new milestones, thanks to diversification
In a mid-year Snapshot of its “Culture Index,” which was first launched last year, StockX reported a 90 percent increase in the gross merchandise value (GMV) going through its marketplace in the first half of 2021, led by a growth of 250 percent from “emerging categories” such as gaming consoles, ...
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News briefs
Electric partners with Volcom in Europe
Liberated Brands Europe, an entity affiliated with Volcom Europe, is partnering with Electric for the distribution of the Californian sport and lifestyle eyewear brand in Europe. The agreement includes the wholesale distribution of Electric’s goggles and sunglasses as well as its e-commerce and marketing operations. The eyewear brand, which is ...
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News briefs
Decathlon launches Tennis eSports at flagship store in London
Until Thursday Sept. 30, the Decathlon store in London Surrey Quays will present the world premiere of Tennis eSports, in partnership with VR Motion Learning. Customers will have a chance to play realistic virtual reality (VR) tennis in the 300-square-meter space that the store has specially devoted to the experience. ...
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News briefs
Decathlon becomes an official partner of Paris 2024
Decathlon has signed up as an official partner of the Paris 2024 Olympic and Paralympic Games. The leading French sporting goods retail chain will kit out the 45,000 volunteers who are expected to work at the Games in the French capital. The volunteers will wear eco-designed uniforms, specially created for ...
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News briefsArc’teryx opens new NY location, rebranding its Icon Stores as Arc’type
Located across from Central Park in the Upper West Side of New York, Arc’teryx Equipment has just opened a newly rebranded micro-store concept called Arc’type, centered around the brand’ s most renowned designs. It features a curated selection of just 22 items, ”specifically selected to help introduce guests to Arc’teryx ...
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Article
One more step toward the sale of Go Sport
French anti-trust authorities have authorized the proposed takeover of Groupe Go Sport, one of the major sports retailers in France, by Financière Immobilière Bordelaise (FIB), a real estate-based investment fund controlled by a rich businessman in Bordeaux, Michel Ohayon, who has already acquired other retail operations in the country. Last ...
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News briefs
Sportmaster invests to popularize sports lifestyles in Russia
Sportmaster, the biggest sporting goods retailer in Russia, says it has built 825 sporting grounds in 76 Russian cities to make sports more accessible and popular for local citizens. The eventual target is to ramp up this figure to 1,000 sporting grounds in 100 cities. Sportmaster said that these sporting ...
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ArticleDanish Sportmaster fit for Nordic expansion
The Russian-based Sportmaster Group says that all the financial parameters were positive last year for the Danish sporting goods retail chain by the same name, which it took over in December 2019. Declining to provide any details about the subject, it also said that Sportmaster Denmark and its management team, ...
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ArticleBetter margins but lower sales and market shares for XXL
XXL ASA saw its revenues decline by 15.5 percent in the second quarter to 2,420 million Norwegian kroner €232.6m -$274.8m), as temporary store closures due to the Covid-19 pandemic and delays in the delivery of bicycles hit its top line. On a like-for-like basis, sales were down by 13.4 percent. ...
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News briefs
11teamsports expands into the Iberian peninsula
According to CMDsport, the German football specialist Eleventeamsports has begun operations on the Iberian peninsula with an e-commerce site and is planning to establish a network of franchise stores there over the coming years. Its main competition in Spain is Fútbol Emotion. Founded in 2007, the German retailer and distributor ...
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News briefs
Alltricks opens a physical store in southern France
Alltricks, the French-based e-tailer controlled by the Decathlon group, has opened a branded physical store in the area of the Decathlon Village at Bouc Bel Air, between the French cities of Marseille and Aix-en-Provence. The new 450-square-meter store, inaugurated on July 6, specializes in the cycling, running, outdoor and triathlon ...
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News briefs
Ochsner pulls out of the German market
Ochsner Sport, the big Swiss sporting goods retail chain owned by the Deichmann group, is withdrawing from the German market, parting with its nine remaining Sport Sperk stores in the country, according to Textilwirtschaft. Six of them, with a total of around 7,500 square meters of sales space, will be ...
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ArticleHow can home fitness and commercial fitness coexist?
Severely impacted by the Covid pandemic, which has led to their closure and to a boom in home fitness all over the world, fitness studios and other types of membership-based gyms are being led to establish new connections with the home fitness industry while looking for new sources of revenues. ...
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News briefs
Skiset strenghtens its position in ski rentals with Skimium's acquisition
Skiset, the international ski and snowboard rental company based in France, has acquired Ski Break and its Skimium subsidiary, as Sport Guide has first revealed. Skimium is an online ski rental business and a partner of Decathlon. Skimium was founded in 2006 by Eric Laboureix, Dominique Chomarat and Guy Belec, ...
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ArticleSportgreen opens its first retail stores, more to follow
After launching its online platform for sustainable sports products In April 2021, Sportgreen has opened a physical flagship store of 800 square meters under the same name and with the same products in the German town of Ingelheim. The new store adds up to two smaller Sportgreen shops that were ...
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News briefs
JD Sports signs up as new sleeve sponsor of Norwich City
JD Sports will be the shirt sleeve sponsor of the Norwich City Football Club for the upcoming Premier League season, starting in August. The logo of the sports retail company will feature on the sleeve of the club’s first team on its home, away and third kits, as well as ...