Latest – Page 144
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News briefs
Decathlon's U.K. branch is investing in a new warehouse and...
Decathlon's U.K. branch is investing in a new warehouse and has announced plans to create 200 new jobs in the country by 2021, according to reports in Fashion Network. Last year the retailer posted pre-tax losses of £10.8 million (€12.0m-$13.5m), but results were said to be in line with the ...
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News briefs
Decathlon has opened its first store in Algeria. The French...
Decathlon has opened its first store in Algeria. The French sporting goods retailer was already present in the Maghreb region, with stores in Tunisia and Morocco. The new 1,850-square-meter shop, located in Algiers, at the Bab Ezzouar shopping center, was inaugurated on June 29.
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News briefs
Mountain Hardwear, the subsidiary of Columbia Sportswear, has developed an...
Mountain Hardwear, the subsidiary of Columbia Sportswear, has developed an app that enables European retailers to display its equipment and apparel in augmented reality. For now, it features equipment for summer 2019 and technical apparel for winter 2019, including the Exposure/2 Gore-Tex collection.
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Decathlon is planning to open shortly a mega-store of 5,100...
Decathlon is planning to open shortly a mega-store of 5,100 m² in the Olympia shopping center of Munich, the third one and the biggest in the German city
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Le Coq Sportif has opened a pop-up store at La...
Le Coq Sportif has opened a pop-up store at La Roca Village, a factory outlet center near Barcelona
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JD Sports is adding instalment payment options in the...
JD Sports is adding instalment payment options in the U.K. with Clearpay technology from Afterpay
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News briefs
Adidas unveiled the new Adidas by Stella McCartney tennis collection...
Adidas unveiled the new Adidas by Stella McCartney tennis collection ahead of Wimbledon, the legendary tournament. This year's edition of the tournament started on July 1, and will finish on July 14. Alongside McCartney's signature design touches, the 17-piece collection uses innovative materials, such as a synthetic fiber made from ...
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News briefs
Adidas is reinforcing its ties with the German national football...
Adidas is reinforcing its ties with the German national football team (DFB), of which it has been the sponsor for a long time. The DFB will be training for the 2020 European Football Championship (Uefa Euro 2020) at World of Sports, Adidas' headquarters in Herzogenaurach. Preceding the announcement was a ...
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The associations of Swiss sports brands and retailers, Spaf and...
The associations of Swiss sports brands and retailers, Spaf and Asmas, are organizing a second “Sport Business Network Day” for June 9, 2020
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News briefs
In 2021, online advertising will represent for the first time...
In 2021, online advertising will represent for the first time in history more than half of total ad spending. According to Zenith’s Advertising Expenditure Forecasts, web advertising will account for 52 percent of global ad spending, as compared to 44 percent in 2018 and a projected 47 percent in 2019. ...
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Article
Adidas loses a court fight over its Three Stripes
The General Court of the European Union decided today to uphold a previous decision made by the European Intellectual Property Office (Euipo) that nullified a three-stripe trademark that Adidas had registered in 2014 for clothing, footwear and headgear. The news led to a drop of more than 2 percent in ...
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Article
11teamsports buys into a similar Czech retailer
11teamsports, the German multi-channel retailer, has taken control of Top4Sport, a similar Czech-based sporting goods retailer, by acquiring a 51 percent stake in the company on June 1. The takeover is expanding the group's presence in other parts of Europe. Up to now, 11teamsports was only represented in Germany, Austria, ...
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Article
Adidas and Nike back women’s football
Adidas has signed up as a founding partner of United for Girls, a new initiative from the U.S. Soccer Foundation aimed at increasing opportunities for girls and women from underserved communities to play football. Adidas' participation in United for Girls is part of the brand's “She Breaks Barriers” initiative to ...
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News briefs
XXL ASA, the highly leveraged Norwegian-based sports retailer, says it...
XXL ASA, the highly leveraged Norwegian-based sports retailer, says it has agreed on a new covenant with its bank consortium for its third-quarter results. Last February, it had renegotiated covenants for the first and second quarters of this year. The covenant for the third quarter sets a debt/Ebitda target of ...
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News briefs
The battle for control of Netshoes, the Brazilian e-tailer specializing...
The battle for control of Netshoes, the Brazilian e-tailer specializing in athletic footwear, has ended. Its shareholders approved on Friday Magazine Luiza's latest improved offer of $3.70 a share, valuing the company at $115 million. The Brazilian omni-channel retailer had initially made a bid for Netshoes at $2.00 per share, ...
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News briefs
VF Corp. has entered into a partnership with Tmall, the...
VF Corp. has entered into a partnership with Tmall, the Chinese B2C e-commerce platform and marketplace owned by Alibaba Group. VF is hoping to glean insights into the Chinese market in terms of buyers, growth opportunities, product design and assortment. This is not the American company's first collaboration with the ...
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News briefs
After a long absence, Slazenger is returning to France. The...
After a long absence, Slazenger is returning to France. The move back across the English Channel will occur in the spring/summer of 2020. Global Sportswear Services (GSS) will be handling the footwear license for France and plans to begin with a mid-tier line of about ten models and a higher-end ...
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News briefs
Lorpen has made a number of strides recently to extend...
Lorpen has made a number of strides recently to extend the reach of its technical socks. In the U.S., the Spanish brand has signed a marketing deal with Recreational Equipment Inc. (REI), the outdoor cooperative website based in Sumner, Washington, and has been working with the retailer Dunham's Sports. In ...
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Brandfusion is taking on the distribution of Reef in the...
Brandfusion is taking on the distribution of Reef in the Benelux countries
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News briefs
Atmósfera Sport, a major Spanish buying group with more than...
Atmósfera Sport, a major Spanish buying group with more than 250 affiliated sporting goods stores, has made various investments in digital marketing and logistics in the past few weeks. It has hired half a dozen new employees to help stimulate the online sales of its retail members. It has also ...
