Latest – Page 158
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News briefs
XXL has introduced the Klarna in-store payment system, a service...
XXL has introduced the Klarna in-store payment system, a service that gives customers the opportunity to split their payment into instalments, postpone it or pay all at once, all by telephone. The new payment system will be rolled out in all of XXL's 77 stores in the Nordic countries during ...
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News briefs
The North American basketball league (NBA) and EPI have announced...
The North American basketball league (NBA) and EPI have announced plans to open the first European NBA store. The store will be located in Milan at Galleria Passarella, a few steps from Piazza San Babila, in the city center. The opening is scheduled to take place during the 2018/19 season, ...
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News briefs
Lululemon will be opening a new store at the Royal...
Lululemon will be opening a new store at the Royal Exchange shopping mall in Manchester this autumn. The Canadian brand and retailer, specializing in technical clothes for yoga and running, already has a small showroom on the nearby Saint Anns Place, where it hosts sports events for runners. Also in ...
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News briefs
Uniqlo will be opening its first Italian store in Milan...
Uniqlo will be opening its first Italian store in Milan in April 2019. The store will be located in Piazza Cordusio, just a few steps from Milan's Duomo, and will reportedly have a sales area of around 2,500 square meters on three floors. The Japanese brand, better known for its ...
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News briefs
Moncler has announced the Chinese debut of its Moncler Genius...
Moncler has announced the Chinese debut of its Moncler Genius collections on Tmall Luxury Pavilion, Alibaba Group's dedicated luxury shopping platform, starting Sept. 27 and until Oct. 14. The launch of the pop-up e-store marks the first collaboration between the Italian apparel manufacturer and the Chinese e-commerce giant. The Moncler ...
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News briefs
Burton Snowboards has opened its first store in Munich, calling...
Burton Snowboards has opened its first store in Munich, calling it a “hub” because it also serves as an office and showroom, hosting the German country manager, Benjamin Schwarz, and his team. It is located near many other sports stores at Frauenstrasse, 10.
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News briefs
Decathlon is under pressure from activists to eliminate the sale...
Decathlon is under pressure from activists to eliminate the sale of hunting products in its French stores. More than 38,000 people signed a petition to this effect after the French government backed the requests of the French Hunters' Federation (FNC), which boasts 1.2 million members. Its support was said to ...
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Short stops
Dynafit has opened a store in Seoul through its local...
Dynafit has opened a store in Seoul through its local distributor, K2 (unrelated to the American brand by the same name)
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News briefs
Media reports have been suggesting that Adidas is about to...
Media reports have been suggesting that Adidas is about to ink a 10-year clothing deal worth £6.5 million (€7.3m-$8.6m) per year with Naomi Osaka, the tennis player who recently won the US Open in New York. The news was initially reported by The Times of London on Sept. 10, and ...
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Short stops
Adidas has extended its sponsorship agreement with the Scottish Football...
Adidas has extended its sponsorship agreement with the Scottish Football Association through 2022
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News briefs
Sports retailers are being given preferential rates for attending the...
Sports retailers are being given preferential rates for attending the Ispo Munich show next Feb. 3-6, supplementing various services that are already available to this important target group. Exhibitors are already being given free tickets for their key retail customers. The others will have to pay only €19 for a ...
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News briefs
Adidas tops the Textiles, Apparel and Luxury Goods sector in...
Adidas tops the Textiles, Apparel and Luxury Goods sector in the latest Dow Jones Sustainability Index (DJSI), an annual evaluation of companies' sustainability practices. The German sportswear brand has been included in the DJSI for the 19th consecutive year. The annual DJSI review assesses the sustainability performance of the largest ...
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News briefs
Zalando has once again reduced its guidance for the current...
Zalando has once again reduced its guidance for the current financial year, indicating that a very hot and long summer affected its sales, resulting in heavy discounting, and delayed the switch to autumn/winter season. The big e-tailer is now expecting its revenues to grow at the low end of its ...
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Article
Alibaba grows fast, earning less, and expands in Russia
Alibaba Group Holding continued to grow fast in the first fiscal quarter ended June 30, but its gross margin fell to 11.0 percent from 29.2 percent in the year-ago period, the lowest level since the leading Chinese e-commerce operator went public in 2014.Due also to extraordinary charges and high investments ...
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News briefs
Adidas placed a series of equity-neutral convertible bonds worth a...
Adidas placed a series of equity-neutral convertible bonds worth a total of €500 million on Sept. 5. The transaction was 2.7 times oversubscribed. The convertible bonds mature in five years with a coupon of 0.05 percent. The issue price was set at 104 percent of the nominal value of €200,000 ...
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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News briefs
The change in European leadership reported at the Adidas Group...
The change in European leadership reported at the Adidas Group last month has revealed several other changes, particularly the appointment of Markus Baumann as senior vice president in charge of global product operations for Adidas. Baumann has already been with the Adidas group for eleven years, the last three of ...
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News briefs
Barcelona has reportedly been picked as the first European destination...
Barcelona has reportedly been picked as the first European destination for the Nike Live retail concept. Already inaugurated in Los Angeles, Nike Live is a concept that combines digital features with a unique physical environment. Europa Press reports that the Barcelona store will be located in a dedicated sports store ...
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News briefs
Go Sport has started to offer a new customer service...
Go Sport has started to offer a new customer service on the internet. It has become possible for customers to book appointments with a personal shopper to advise them about their purchases or to get their bicycles repaired or to string their racquets. The French sporting goods retail chain is ...
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News briefs
In the long term, the ANWR Group sees a total...
In the long term, the ANWR Group sees a total of up to 600 shoe retailers in Germany installing its “sneaker wall,” which features a standard selection of sneakers supplied by Nike, Adidas, Puma and Reebok. Their automatic replenishment is operated via SAP. More than 100 shoe retailers have adopted ...
