Latest – Page 119
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News briefs
Puma appoints new distribution GM for EEMEA
Puma has assigned Johan Kuhlo to a new position as general manager in charge of distribution for Eastern Europe, the Middle East and Africa (EEMEA). Kuhlo, who has been lately the company’s head of corporate strategy and investor relations, will be working out of the German company’s regional hub in ...
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Article
Intersport and 11teamsports strike long-term cooperation
The leading German football retailer, 11teamsports, has become a long-term cooperation partner of the five-country retail group around Intersport Germany. It is combining its strong online presence and the operations of its 30-plus physical stores in the DACH region with the buying and marketing power of Intersport. There will be ...
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News briefs
BasicNet reacquires the Kappa brand in Japan
China Dongxiang has agreed to sell the rights to the Kappa brand in Japan for $13 million. BasicNet plans to give a major boost to brand’s development in the country, where Kappa generated sales of $30 million in 2019 through Phenix and its licensees. China Dongxiang will continue to focus ...
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Article
The Norwegian retail merger can go through
The Norwegian Competition Authority has announced its endorsement of the proposed business combination between Gresvig, the Norwegian licensee of Intersport, and Sport 1 Gruppen. The two new partners are the largest sports retailers in the country after XXL Sport. As planned, they will form a new common entity, called Sport ...
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Short stops
DISTRIBUTION
+++ Zanier is taking over the distribution in Austria of Eurosport Nutrition +++
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Short stops
RETAIL
+++ Amazon and Tottenham Hotspur will reportedly partner open a new club store +++ Mizuno has turned an ephemeral store in downtown Turin into its biggest mono-brand store in Europe, measuring 200 square meters +++ Peak Performance has opened a store in central Hamburg +++
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Article
Action in and around the Danish sports retail market
Russia’s leading sporting goods retailer, the Sportmaster Group, had no immediate comment on a report in the Danish press that it intends to develop the Sportmaster banner all over Europe, after turning around the Danish retail operation by the same name, which it bought at the end of last year, ...
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Article
On launches a unique “circular” subscription service
On Running seems to have found a very clever way to engage customers. Like Peloton Interactive’s subscription system for fitness workout programs, its new Cyclon project is designed to maximize customer retention though subscriptions, but at the same time, it will be reinforcing the Swiss brand’s image as a supporter ...
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News briefs
A new Iberian distribution company, Excens Sports, for Fischer and other brands
Spain’s Excens Group, which owns several outdoor and bike brands, has moved into wholesale distribution, acquiring the Iberian distribution rights for the Fischer, Smith, Barts, Level and Polaroid brands. To handle them, it has created a distribution company called Excens Sports. The group is planning further expansions of its brand ...
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News briefs
Sold out, Slinger Bag enters New Zealand
Sales of Slinger Bag’s innovative tennis launcher have surpassed order forecasts in all the markets where it has been introduced so far, especially in the U.K. and Japan. The company recently signed new agreements in Switzerland, the four Scandinavia countries and Australia. It has now reported a five-year distribution agreement ...
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ArticleMore firms switch to rail to send goods to and from China, but….
A train loaded with Lenzing fibers, which left Vienna, Austria, on Aug. 20, reached its destination, the Xinzhu station in Xi’an, China, after only 16 days. The train, which carried 41 containers of Tencel™ Lyocell and Modal fibers with a total value of €1.8 million, covered a total of 10,460 ...
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News briefs
Decathlon opens a new retail laboratory and showroom
Decathlon has inaugurated a concept store near its world campus near Lille, called Decathlon DX, that is to act as a showroom and a laboratory for new retail technologies and new ways to engage customers that can be applied to its regular stores. The 800-square-meter store will focus on a ...
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News briefs
Fritschi takes over Marmot’s distribution in Switzerland
Marmot Mountain is starting a new distribution partnership for Switzerland with Fritschi Swiss Bindings. From Oct. 1, Fritschi will be responsible for all sales activities of the Californian outdoor brand, founded in 1974, from key account management and new customer acquisition to training and education. The liaison offers many mutual ...
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News briefs
Altexa launches HDry in North America
Matteo and Luca Morlacchi, the Italian brothers who invented OutDry, the technology which Columbia Sportswear acquired 10 years ago, presented a new waterproof and breathable membrane called HDry® at Ispo Munich 2020 with their company Altexa. Now, Altexa and GHS Holdings announced the launch of the HDry® brand in North ...
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ArticleSports products outperform shoes and leathergoods at ANWR
In the first seven months of this year, the total business volume of the ANWR Group went up by 53 percent to €10.2 billion, driven by a 76 percent increase to €8.6 billion in financial services, but the buying groups of ANWR suffered a 10.7 percent decrease in their own ...
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News briefs
Liverpool coach becomes an Adidas ambassador
Just as Nike is starting to outfit the members of victorious Liverpool football team with its jerseys and cleats, Adidas has started a multi-year contract with the English club’s coach, Jürgen Klopp, to be one of its ambassadors, effective immediately. As he did before from 2016 with New Balance, the ...
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ArticleMore action in Sweden’s sports retail landscape
Intersport Sverige, Stadium, Sportamore and Gekås had all something new to announce in the last few days. To start with the Swedish Intersport organization indicated that it should be able to come out of its insolvency status in mid-October or later in the month, limiting the number of store closures ...
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News briefs
Special status for Sport 2000 in Austria
Sport 2000 Österreich has been certified for the second time by PHP Sport Management as “Sport Leading Company” in its domestic market. The Austrian buying group, which reached a retail turnover of €579 million in 2019, claims a market share of 29 percent. It federates 240 retailers with 403 ...
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News briefs
Fanatics acquires Top of the World from Vetta
Fanatics, the Florida-based provider of sports merchandise, is acquiring some of the assets of Vetta Brands, which is currently under liquidation. Chief among these assets is Top of the World, which, until the Covid-19 pandemic wiped out its business, had been manufacturing hats for hundreds of college sports brands at ...
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ArticleNew funding round for Keller Sports
Although its profits have been growing more than its sales, the Keller Group says ithas secured more than €10 million in new financing from its shareholders to further strengthen its position as “the leading digital premium sports community for sports and sports lifestyle products and services in Europe.” The management ...