Latest – Page 85
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ArticleRussia’s Sportmaster set to exit Denmark and Poland
The Singapore-based parent company of the Sportmaster Group, whose eponymous retail chain is the largest sporting goods retailer in Russia, has decided to divest the retail chains that it had acquired in Poland and Denmark in the last years as part of a wider geographic diversification. It already sold its ...
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Infographics & DataComparison of Yue Yuen’s shoe-producing regions by volume
This interactive chart compares Yue Yuen’s shoe-producing regions by volume. The chart can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleIntersport Austria satisfied with winter business
Intersport Austria looks back on a satisfactory winter business 2021/22 despite the country’s Covid lockdown before Christmas and relatively poor snow conditions. Already at the beginning of winter, on the first weekend of Advent, the retail group experienced a digital run on all winter sports items, including skis, touring skis, ...
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News briefsCanada Goose accelerates expansion in the Japanese market
Canada Goose Holdings and its longtime Japanese partner Sazaby League Ltd. have reached an agreement to establish the Canada Goose Japan joint venture to accelerate DTC expansion, including retail stores. The agreement will replace an existing exclusive national distribution agreement between Sazaby League and the Canadian luxury outdoor brand. Beginning ...
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News briefsABG suspends all branded retail and e-com operations in Russia
Authentic Brands Group (ABG), the owner of a wide range of lifestyle and fashion brands including Airwalk, Eddie Bauer, Greg Norman, Muhammad Ali, Nautica, Prince, Reebok, Shaquille O’Neal, Spyder, Tretorn, Vision Street Wear and Volcom, announced that it has ceased all its branded retail and e-commerce operations in Russia effective ...
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News briefsTriathlon apparel brand Tri-Fit makes its international debut
Tri-Fit, an Australian triathlon clothing brand, is expanding to the global market. Tri-Fit was originally created by Simon Bennett in 2013 in Sydney as a group fitness facility aimed at endurance athletes. In 2017, when Bennett was joined by his friend, triathlete and Ironman finisher Dan Evans, the brand shifted ...
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ArticleIndustry Spotlight: Focus on new target groups, supply chain challenges and retail relationships
25 brands presented their new products at the Sport & Outdoor Media Day in Munich. The event organized by Mandel PR in the ”Kohlebunker” near the MOC (Munich Order Center) was one of the first major industry gatherings in Germany since the start of the Covid crisis. We took the ...
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News briefs
Decathlon signs agreement with ADESP
According to CMDsport, Decathlon has signed an agreement on inclusivity, equality and sustainability with the Spanish Sports Association (ADESP). One of its programs is to mentor female managers in sports federations, another is to promote the employment of handicapped athletes, and yet others aim to have athletes test Decathlon products ...
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ArticleeBay survey analyzes shopping behavior during Covid-19 pandemic in Germany
In its consumer behavior analysis for the German website eBay.de, the online company eBay Ads has evaluated search queries during the extract search words and trends among its users. According to the report, two trends are becoming obvious: Search words like “well-being” and “cozy” have seen a significant increase compared ...
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ArticleH&M sets its sights on the sports market
Source: David Thunander H&M store in Stockholm The Swedish fashion retailer H&M launched a test for the sale of third-party brands a few days ago. The marketplace is called “H&M with friends.” At the same time, there is information that H&M wants to enter the ...
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ArticleUpdate: Sports companies and the war in Ukraine
We had previously reported on first, early measures taken by some sports companies such as Nike, Haglöfs and Mammut following Russia’s attack against Ukraine. In the meantime, other companies have joined, and industry groups and federations are also taking action. We have summarized the activities that we are aware of. ...
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News briefsAbercrombie & Fitch launches new activewear line
Global textile retailer Abercrombie & Fitch (A&F) has launched a new activewear sub-brand for women and men named Your Personal Best (YPB) that is currently available only in most North American Abercrombie & Fitch stores and online. Offering a size range from XXS to XXL with additional ...
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News briefsTréndico is entering the phygital era
Tréndico Group will be taking “all necessary steps” to bring its Atleet and Foot on Mars stores into the “phygital” (physical + digital) realm. Speaking to CMDsport, group CEO Carlos Tejeda laid out the rationale as follows: “The main changes in the market are generated by the consumer, and right ...
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News briefs
VF suspends commercial activities in Russia and supports refugees
VF Corp. has joined those companies temporarily suspending commercial operations in Russia. Accordingly, VF has closed Vans-operated retail stores across the country and suspended processing e-commerce orders through the Vans and The North Face brand websites, the company said. The VF Foundation has donated $250,000 to UNHCR, the United Nations ...
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News briefsWomen’s activewear e-shop Apparelle launches end of March
A new online store concept will launch on March 21, 2022: Apparelle. According to theindustry.fashion, the new shop concept will feature 25 brands from established to niche brands and newcomers, including Lorna Jane, Bala and Free People Movement. The founder of the new Apparelle store is Amber Goodwin, an ex-investment ...
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News briefsKicks Crew raises $6 million in Series A funding
Kicks Crew, a global e-commerce platform for sneakers and apparel, announced the closing of a $6 million Series A funding. The financing was led by Gobi Partners, Asia-based private investment group Pacific Century Group and DL Securities Hong Kong. The capital raised will help strengthen the company’s position in the ...
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ArticleThe Climate Pledge announces nearly 100 new signatories
Amazon and Global Optimism announced that more than 300 companies have now signed The Climate Pledge, an increase in signatories of nearly 600 percent over the past year. The nearly 100 new signatories include the world’s largest container shipping company Maersk, leading enterprise software developer SAP, North American lumber company ...
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ArticleRatcheting up European store growth, Zumiez sees a path to break-even in the region
Elaborating on its recent strong growth outside North America, Zumiez said it intends to open 14 new stores in various European countries in 2022, including two new markets, to take its door count across the continent to 81 locations. They will be branded as Blue Tomato, the European banner of ...
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ArticleRussian footwear market faces a crisis
The Russian market is braced for major turbulence after dozens of footwear brands pulled out of the country following the Russian invasion of Ukraine and the subsequent introduction of international sanctions. Adidas, Nike and Puma have joined the long list of international brands that have quit the country’s market, along ...
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News briefsSport 2000 opens Mega Store in Sofia, Bulgaria
Under the Sport Depot banner, Sport 2000 has opened a Mega Store in Sofia, its largest store in Bulgaria with 3,000 square meters of retail space and four floors, each specializing in a different type of sport. The new retail concept of the store is characterized by a contemporary interior ...