Latest – Page 29
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News briefsR-Gol acquires Unisport to forge global football merch empire
R-Gol, backed by Innova Capital, has acquired Unisport from Nordic Capital. The merger combines R-Gol’s strong presence in Central and Eastern Europe with Unisport’s influence in Northern and Western Europe, aiming to shape a leading force in the football retail sector. With a projected combined revenue exceeding €200 million in ...
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News briefsOneFootball teams up with Stadion to launch soccer marketplace
OneFootball has announced a new collaboration with Stadion, a London-based digital sports agency, to introduce a unique online soccer marketplace. This venture aims to integrate a personalized e-commerce platform within the OneFootball app, providing AI-powered product recommendations to fans. Set to debut this summer, the marketplace will allow fans to ...
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News briefsDecathlon Spain suffers indirect cyberattack
On May 27, according to Europa Press, Ciclogreen, the company behind an eponymous mobile app through which corporate employees can “earn rewards for recording their sustainable commutes to work by participating in fun challenges,” endured a cyberattack. One of Ciclogreen’s clients is Decathlon Spain, some of whose employee email addresses ...
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ArticleAuthentic and Beaumanoir announce partnership for Boardriders brands in Western Europe
Authentic Brands Group announced a long-term partnership with Beaumanoir Group, which will take over the former Boardriders business in France and license the Quiksilver, Roxy, Billabong, DC Shoes, Element, RVCA and VonZipper brands in key Western European regions, including France, Germany and the UK. Through the partnership, Beaumanoir, headquartered in ...
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ArticleFoot Locker to spend as much as $1 billion on stores
In line with the strategy laid out in March of last year, the “Lace Up Plan,” Foot Locker is looking to invest up to $1 billion in opening and renovating stores in a new format all over the world, according to Modaes and other sources. The first such store opened ...
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News briefsSportsshoes.com announces 11% increase in sales, 663,000 new customers in last 12 months
SportsShoes.com has achieved an 11 percent year-on-year increase in turnover to £90m (€105.6 million) and acquired 663,000 new customers in 12 months. The retailer also secured 749,000 orders from repeat customers during the same period. SportsShoes.com offers more than 17,000 products from 150 running and outdoor brands, including Nike, Adidas ...
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News briefsSalomon opens flagship store on Champs-Élysées
Salomon has opened up the doors to its new flagship store in Paris. On the famous Champs-Élysées, the brand has opened a 295 square meter store. This is the first mountain sports lifestyle store on the famous shopping street. The store features footwear, apparel and gear for running, hiking and ...
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News briefsAdidas reopens its large Champs-Elysées store in Paris
Adidas has relocated and reopened its Champs-Elysées store in Paris. The store moved a few meters up the iconic road and is now next to the Georges V metro station. It is an extra-large, three-storey boutique with a sales area of 2,820 square meters. The first floor is devoted ...
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News briefsPhysical stores maintain relevance amid e-commerce surge, study finds
A recent study by Forrester highlights a significant projected growth in global e-commerce, expecting online sales to reach $6.8 trillion by 2028, capturing 24 percent of worldwide retail. Despite this surge, $21.9 trillion of the anticipated $28.7 trillion in total retail sales will still occur offline, underscoring the undiminished importance ...
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ArticleAthleta delivers for Gap Inc. in Q1
Gap Inc.’s CEO Richard Dickson told analysts that its Athleta specialty retail chain has “significant growth potential and a clear and distinct brand positioning rooted in the Power of She.” The latter is being accelerated by a rising global interest in women’s sports and female athletes and Athleta’s decision to ...
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News briefsLiverpool FC expands in Asia with new retail partnership in Indonesia
Liverpool FC is expanding its global retail footprint with a new partnership in Indonesia, marking another strategic move to bolster its presence in Asia. The English Premier League club has teamed up with PT Kanmo Weston Retailindo, a collaboration between Weston Corporation of Singapore and Indonesia’s Kanmo Group. The fresh ...
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News briefsFútbol Emotion opens its first store in the Canary Islands
Spanish retailer Fútbol Emotion has opened a 700-square-meter store in Las Palmas, Gran Canaria. It is the retailer’s first store in the Canary Islands and its 25th store overall. In addition to Spain, where Fútbol Emotion has 21 stores, the chain is present in Portugal (Lisbon and Oporto) and Italy ...
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News briefsBarthélemy Guislain re-elected Chairman of AFM, owner of Decathlon
Barthélémy Guislain has been unanimously re-elected by the management board for a further five years as Chairman of Association Familiale Mulliez (AFM), the holding company of the Mulliez family. AFM owns a series of supermarkets and retail chains in different sectors, including Auchan, Decathlon, Leroy Merlin, Kiabi and others. Guislain ...
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News briefsBlue Tomato brings in new Head of HR
Source: Blue Tomato Ramona Ramsauer As the new Head of Human Resources at Blue Tomato, Ramona Ramsauer is now responsible for all “People & Culture” agendas at the Austrian board sports and lifestyle specialist based in Schladming (with additional headquarters in Graz and Vienna). Ramsauer gained international ...
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News briefsDavid Beckham signs with Alibaba
David Beckham has signed an endorsement deal with Alibaba, according to The Independent and others. The deal is reportedly the biggest ever entered into by the Chinese e-commerce giant, although the terms remain undisclosed. It is connected with a marketing campaign for this year’s UEFA Euro tournament. Beckham will be ...
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ArticleCastore opens first London outlet store at The O2
Castore has launched its first London outlet store at Outlet Shopping at The O2. This new storefront occupies 121 square meters on the upper level of the complex, nestled next to Reiss. The store features a range of Castore’s women’s and men’s athletic wear and includes a special section for ...
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News briefsBullpadel hits the UK’s e-tail mainstream
The distributor MRH Sport has struck a deal to sell Bullpadel pádel racquets through John Lewis. We learn this from The Padel Paper, according to which John Lewis is the first major department store in the UK to stock pádel racquets for online sale. Some 18 Bullpadel racquets are now ...
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News briefsRetail resilience: physical stores prove crucial for driving growth in digital era
The retail landscape, deeply transformed by the Covid-19 pandemic, is demonstrating resilience and a symbiotic relationship between physical stores and online sales. Despite the surge in digital shopping during the pandemic’s peak, recent data indicates that brick-and-mortar stores remain essential for driving growth in the retail sector. According to an ...
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News briefsFanatics secures retail and merchandising partnership with golf’s R&A
Fanatics has secured an extensive omnichannel retail and merchandising partnership with the R&A, the governing body for golf outside of the USA and Mexico. This long-term agreement encompasses e-commerce, event and physical retail, memorabilia, and licensing rights for The Open and AIG Women’s Open. Under the deal, Fanatics will manage ...
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News briefsQ1 revenues top $22 billion at Tencent
Tencent Holdings, one of China’s two internet behemoths (alongside Alibaba), has posted first-quarter revenues of 159.5 billion renminbi ($22.5bn), up 6 percent year-on-year, along with a gross profit of RMB 83.9 billion ($11.8bn), up 23 percent. Non-IFRS operating profit was up 30 percent, to RMB 58.6 billion ($8.3bn), while non-IFRS ...
