Latest – Page 87
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News briefsABG partners with New Guards for Reebok in Europe
Authentic Brands Group (ABG) has appointed Milan-based luxury fashion manufacturing and distribution holding company New Guards Group as its operating partner for the Reebok brand in Europe. Under the agreement, New Guards, which is owned by U.K.-based international e-commerce company Farfetch Limited, will operate retail stores and e-commerce for the ...
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News briefsGo Sport has a new GM
Hermione People & Brands (HPB) has announced the appointment of Benoît Verdier as the new general manager of Go Sport, with immediate effect. He will report to Wilhelm Hubner and Samuel Alimi, respectively the president and vice-president of HPB. Verdier has more than 15 years of experience in the retail ...
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News briefsNew sales manager for Arena Germany and Austria
Source: Arena Oliver Pfaff Italian swimwear specialist Arena has hired Oliver Pfaff as sales manager for Germany and Austria. Pfaff comes to Arena with a broad range of experience: For the last three years, he was head of key account management for the eyewear brand Marcolin; before ...
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ArticleKlarna drives global expansion with launch of rewards program and Pay Now in nine new markets
Klarna, the global retail banking, payment and shopping service hailing from Sweden, is expanding two of its fastest-growing products internationally. With the global growth of Klarna’s rewards program and Pay Now payment method, the fintech company aims to become the go-to destination for every type of purchase while rewarding consumers ...
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ArticleAliExpress sees global growth in demand for ski equipment thanks to Beijing Games
Retail News Asia has released new sales data from AliExpress, the online retail platform founded in 2010 and part of the Alibaba Group that enables small businesses in China and other countries to offer international products to online shoppers. The data shows growing demand for winter sports products, which AliExpress ...
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News briefsJD raises its profit forecast
JD Sports Fashion indicated a few days ago that it expects to report pre-tax earnings of at least £900 million (€1,074m) for the financial year ended Jan. 29, up from previous guidance of £750 million given in September and £810 million on Jan. 12. On the other hand, the international ...
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ArticleSportmaster shifts focus to Russian provinces with new retail format
Russia’s largest sporting goods retailer, Sportmaster, has unveiled plans to expand into cities with populations of up to 100,000 with a new store format. Sergey Agibalov, Sportmaster’s business manager, told the Russian Business Consulting agency that the new format would serve as an element of its omnichannel development strategy, in ...
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News briefsDecathlon continues to expand its presence in professional sports
Decathlon is signing more athletes from a wide range of sports, further putting its own brands in the spotlight. Following the commitment of French tennis player Gaël Monfils and the expanded involvement in padel sports (we reported), the company has announced additional partnerships in cycling, volleyball, athletics and trail running, ...
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News briefs
Sport 2000 France is planning new store openings across its different retail networks
Sport 2000 France is expected to see around 45 new store openings this year, roughly as many as in 2021, according to a report by Sport-Guide.fr. The plan would involve its different retail networks. Sport 2000, the eponymous banner, is expected to add 14 new stores, while Mondovélo is set ...
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News briefsAvia is returning to Spain
According to DiffusionSport, Avia is returning to Europe, and specifically to Spain, after an absence of about a decade. To this end, the American brand of athletic footwear has secured a licensing and distribution deal with Sandsock S.L., a firm in Barcelona. Sandsock has since presented Avia’s collection for summer ...
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ArticleRussia’s Kant sees spike in sales during winter months
Russian sporting goods retailer Kant reported that the current winter season is going exceptionally well: Sales in November-December were up 30 to 40 percent compared to the same period last year. In January, sales declined slightly, but were still 15 to 20 percent higher than last year. Maxim Vinogradov, co-owner ...
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News briefsAllbirds launches trade-in program
With a trade-in program that is offered in several Allbirds stores in the U.S., the shoe company takes its first steps into the pre-owned market. Within the newly launched ReRun program, customers can trade in their used Allbirds footwear for an in-store discount of $20. Used shoes will be offered ...
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News briefsABG strengthens Reebok’s position through new U.S. partnership with Foot Locker
While the transfer of ownership of the Reebok brand from Adidas to Authentic Brands Group (ABG) is expected to be completed in the first quarter of this year, the new owner has already announced a new and expanded partnership with New York-based sports retailer Foot Locker for the brand, limited ...
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News briefsKlarna launches immersive basketball activation in the U.S., accessible worldwide
Klarna, the Swedish retail banking, payment and online shopping service, has unveiled “The Klarna All-Star Vault,” an interactive activation celebrating the connection between fashion and professional basketball in its 75-year history. The promotion – Klarna’s first-ever immersive sports activation – continues the shopping service’s expansion in the sports industry, following ...
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News briefsSportsShoes.com wants to become world’s most sustainable running retailer
Part of SportsShoes.com’s “Leave No Footprints” environmental and sustainability strategy was the plan to become carbon neutral, which the U.K. online retailer achieved last April. Now the company aims to become the world’s most sustainable retailer of running gear. To achieve this ambitious goal, it has commissioned British Midlands-based sustainable ...
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News briefsLondon Sport partners with Decathlon
In a new partnership, Decathlon UK is joining the Sport Tech Hub, a program run by London Sport to make London “the most physically active city in the world.” Through the Sport Tech Hub, London Sport aims to bring the power of technological innovation to efforts to increase physical activity ...
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News briefsDecathlon positions itself as the “benchmark company” for padel sports
Decathlon Spain is determined not to miss the opportunities offered by the still trendy sport of padel. The retailer has announced that it wants to position itself as “the reference for padel players.” To that end, it is heavily promoting the D-Padel marketplace, which was originally created by employees of ...
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News briefsNew Bleckmann distribution center opened in the U.K.
Bleckmann, a leading Dutch provider of supply chain management services to the fashion and lifestyle market with customers such as Gymshark and Superdry, among many others, has opened a new fulfillment center in Lutterworth, its fourth location in the U.K. The brand new building at Magna Park has a floor ...
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News briefsSport 2000 GmbH with new management duo
Source: Sport 2000 GmbH Dominik SOlleder On May 1, 2022, Dominik Solleder will become the new co-managing director of Sport 2000 GmbH, the Sport 2000 licensee for Germany, Switzerland and the Benelux countries, alongside Margit Gosau. Hans-Hermann Deters, in this position since 2014, will leave the company ...
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ArticleKuenzi will join The Athlete’s Foot after a 24% sales gain
The 550-odd stores and websites affiliated with The Athlete’s Foot (TAF) around the world raised their sales by 24 percent to a new record of $503 million in the past year, said the Arklyz Group, which acquired the chain from Intersport International Corp. in July, surpassing the originally set target ...
