News briefs - Retail – Page 5
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News briefsIntersport Austria retailers pleased with successful Christmas business
Source: Intersport Austria The Alpine Ski and Service segments performed exceptionally well during the Christmas period In hardly any other industry, the weather influences the buying mood of Austrians as much as in sporting goods retail. The arrival of winter on the first weekend of Advent gave ...
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News briefsManagement changes at Alibaba
Chinese e-commerce giant Alibaba Group has announced the appointment of Eddie Yongming Wu as Group CEO and Chairman of Taobao and Tmall Group with immediate effect. He will also serve as CEO of the two subsidiaries. He replaces Daniel Zhang, who is resigning from the group’s executive positions to focus ...
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News briefsBlue Tomato expands “Rent Your Ride” rental service
Action sports and lifestyle retailer Blue Tomato is expanding its offer to rent selected products such as snowboards, splitboards, boots and bindings. As part of the “Blue Tomato Rent Your Ride” service, customers can obtain advice on the products in several stores in Germany and Austria and then rent them. ...
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News briefsRip Curl to expand its retail presence in Spain
Rip Curl, part of KMD Brands, is planning to expand its retail presence in Spain in partnership with the El Corte Inglés department stores, according to Modaes. Spain is Rip Curl’s second European market after France. The brand currently has three stores in Spain, where it also sells its products ...
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News briefsAlibaba.com records rising demand for smart fitness and sustainable sports products
B2B e-commerce platform Alibaba.com recently published the most important trends among B2B buyers in the sports sector. The Chinese company found that the total number of orders for smart fitness products increased by 51 percent year-on-year (mid-October to mid-November 2023 compared to the same period in 2022). The most popular ...
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News briefsDecathlon reportedly continued to sell in Russia, denies allegations
According to investigative media site Disclose, French sporting goods retailer Decathlon has secretly continued to sell clothes in Russia despite its official announcement on March 29, 2022, that it was ending its activities in the country due to the war in Ukraine. In October of this year, Decathlon sold its ...
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News briefsTonal offers trade-in program after Lululemon discontinues Mirror
Tonal, an intelligent home gym with a personalized approach to strength training, announced “Mirror Trade-In,” a trade-in program that offers customers of Lululemon Studio Mirror hardware the opportunity to replace their discontinued Mirror device with a Tonal device. Lululemon stopped selling Mirror hardware and announced it would stop producing new ...
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News briefsDecathlon to offer ultra-fast car chargers at UK stores
Decathlon has partnered with public electric vehicle charging infrastructure provider Be.EV to provide ultra-fast electric vehicle charging points in a number of stores across the UK. This is Decathlon UK’s first partnership with a public charging network. Locations are already planned in various stores across the UK, with the Decathlon ...
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News briefsFarfetch acquired by Coupang
Luxury fashion online retailer Farfetch has been acquired by South Korean e-commerce company Coupang for an undisclosed sum. Coupang has already founded a company called Athena Topco LP together with the financial firm Greenoaks Capital Partners LLC for the purpose of the takeover. The deal reportedly provides the ailing luxury ...
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News briefsAlibaba invests another $630m in Lazada
China’s Alibaba Group Holding has invested an additional $634 million into Singapore-based e-commerce subsidiary Lazada to drive additional growth and compete against TikTok and others in the Southeast Asian market. TikTok, which is owned by Chinese technology group ByteDance, has announced that it will acquire a 75 percent stake in ...
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News briefsSportsShoes.com expands marketing and design teams
UK online retailer SportsShoes.com has announced 10 new appointments to its brand marketing, social media and design teams to support its continued growth and development strategy. Maryse Haynes is joining the company as Marketing Coordinator from sports and mountain apparel brand Inov-8, where she was Head of Marketing. She previously ...
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News briefsSportFits joins Sport 2000
The southern German outdoor and winter sports online retailer SportFits (TouriSpo GmbH & Co. KG) has joined the Sport 2000 network. The new partnership strengthens Sport 2000’s position in e-commerce and emphasizes its commitment to digital innovation in sports retail. SportFits recently moved into the modern company headquarters in Salzweg ...
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News briefsRossignol opens new store in Courchevel
The Rossignol Group announces the opening of its new store in Courchevel, strengthening its presence in the heart of the Alps. Pre-opened on Dec. 9, the boutique, which spans two floors with a total area of 180 sqm, is the result of a partnership between the Rossignol Group and Patrick ...
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News briefsA record FY22 for Atmósfera Sport
The Spanish buying group Atmósfera Sport, which began life as Esport Deval in 1988, is wrapping up its 35th anniversary year with news of record annual sales, according to CMDsport. In full-year 2022 the retailer managed for the first time to break €30 million in sales – in fact, blew ...
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News briefsUnder Armour opens two new stores in Italy with Oberalp
Oberalp Group, the exclusive distributor of Under Armour in Italy, has recently opened two new Under Armour stores in the country. There’s a new Under Armour Brand House at the new Merlata Bloom shopping mall near Milan since Nov. 15, with 140 sqm focusing on training, running and sportstyle. In ...
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News briefsNike’s new Tokyo store focuses on running
Nike has opened a new store in downtown Tokyo dedicated to serving the city’s running community. Nike Ginza features a Running Hub that serves the needs of local runners through a variety of services and programming, including trialing for the latest running silhouettes, Nike Run Club (NRC) Live training sessions, ...
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News briefsSafeSize wins “Startup of the Year“ award, recognized as Innovation & Disruption Leader
SafeSize was named Startup of the Year at the Startupper Awards 2023, an award for excellence in the Greek innovation and startup ecosystem. Angelos Stavrakis, founder and CEO of SafeSize, received the coveted award from the Deputy Minister of Digital Administration, Konstantinos Kyranakis, in recognition of the company’s remarkable international ...
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News briefsAbsolute Run opens in Brussels
On Dec. 7, 2023, the overall eleventh Absolute Run store was opened in Brussels in collaboration between Sport 2000 and its partner Jogging Plus. It is the second Belgian Absolute Run Jogging Plus store after Liège and is located in an attractive downtown location with 230 sqm of retail space ...
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News briefsRussian major marketplace kicks off sporting goods project
Source: megamarket.ru Konda footwear Megamarket, a marketplace developed by Russia’s biggest state bank Sberbank (formerly communicated as SberMegaMarket), has launched its sporting goods brand Konda. So far, it includes only five shoes for running, but the company promises to gradually expand the offered range. By the end ...
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News briefsNobis expands global presence with first stores in China
Nobis Inc, a Canadian outerwear and accessories brand available in over 35 countries in the Americas, Europe and Asia, announced the opening of three new stores in Beijing and Shanghai, marking the brand’s entry into the Chinese retail market. This expansion is the first step of a joint venture with ...
