News briefs - Retail – Page 6
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News briefsBogner opens first concept store in UK, two doors in the US
German luxury sports label Bogner announced the opening of its first standalone store in the UK in partnership with the London-based activity company The Bergladen Group. The five-storey store is located in the heart of London’s Mayfair neighbourhood and a clear sign for Bogner’s international expansion aspirations, having recently opened ...
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News briefsActivewear brand Bandier seeking a buyer for its intellectual property
American activewear brand Bandier is seeking a buyer for its intellectual property and assets, including but not limited to all of Bandier’s rights, inventory, intellectual property and all accounts receivable as of the closing date of a purchase. The move is an alternative to bankruptcy. The company, which operates five ...
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News briefsSport 2000 France has a new CEO
Source: Sport 2000 Emmanuelle Bahuaud Emmanuelle Bahuaud will serve as the new chief executive of Sport 2000 France, effective Jan. 2, 2024. She will replace Stéphane Solinski, who left the company in September to pursue other opportunities. Solinski is now the CEO of Laf Santé. Bahuaud, a ...
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News briefsBelgium gets its first Blue Tomato retail store
Austrian board sports and lifestyle specialist Blue Tomato has opened its first store in Belgium. The 240-sqm shop is located in the center of Antwerp, on the historic Wiegstraat. Of the decision to open a store in Belgium, Tillmann Ruprecht, Director of Sales and Service at Blue Tomato, said: “Antwerp, ...
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News briefsSportScheck files for insolvency, Frasers pulls out - for now
After the real estate and retail holding company Signa, led by Austrian magnate Rene Benko, filed for insolvency last week following failed attempts to secure new financing, German retailer SportScheck GmbH has now also filed for insolvency. SportScheck has 34 stores in Germany and reported annual sales of around €350 ...
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News briefsFoot Locker expands to India
US specialty athletic retailer Foot Locker has entered into a long-term partnership with Metro Brands Ltd. and Nykaa Fashion to enter the Indian market. While Metro Brands will have exclusive rights to own and operate Foot Locker stores in India, Nykaa Fashion will be the exclusive e-commerce partner to operate ...
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News briefsFarfetch suspends Q3 results
Luxury fashion platform Farfetch Limited has announced that it will not be announcing its financial results for the third quarter of 2023. Accordingly, the related conference call on Nov. 29 was also canceled. The company expects to provide a market update in due course. At the moment, no forecasts and ...
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News briefsPSG store in New York will move to expanded 5th Avenue location
Following the success of its Fifth Avenue store in New York City, French football club Paris Saint-Germain (PSG) and its partners, Fanatics and Lids, will be moving to a larger location at 535 5th Avenue on Dec. 15. The previous store closed on Nov. 25 and will reopen in the ...
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News briefsDecathlon acquires Bergfreunde from Backcountry
Bergfreunde GmbH, the German online specialist retailer for mountain sports, climbing and outdoor equipment, has a new strategic partner: French sporting goods manufacturer and retailer Decathlon is acquiring the German company from US outdoor retailer Backcountry. The purchase agreement was signed on Nov. 24, 2023. The transaction is still pending ...
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News briefsMunich opens its largest flagship in central Madrid
Spanish sneaker brand Munich is opening a new flagship store at Calle de Fuencarral 5, in the premises previously occupied by a Mr Wonderful stationery shop. Calle de Fuencarral is one of Spain’s capital’s main shopping destinations and tourist areas. The new store will be the largest in Munich’s retail ...
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News briefsBasketball Revolution rebrands as Basketball Emotion, opens first store in Madrid
Basketball Revolution, which Fútbol Emotion acquired in March, is now rebranding as Basketball Emotion starting Dec. 1. Alongside the rebranding, the chain will be opening its first Basketball Revolution store, also on Dec. 1. The new 600-sqm store will be located at the MegaPark shopping mall in San Sebastian de ...
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News briefsA pivotal year for Fútbol Emotion
Fútbol Emotion might achieve the record €85 million in annual sales that it forecast at the close of the first quarter of this year. However, its latest forecast hedges the bet, shaving off €1 to €2 million – all of this according to CMDsport. Even €83 million, though, would amount ...
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News briefseBay supports voluntary offer to acquire Adevinta
eBay has announced its support for the voluntary tender offer led by Permira and Blackstone for all publicly traded shares of Adevinta, a publicly traded Norwegian company and the world’s largest operator of online classifieds portals. Under the terms of the transaction, eBay would sell 50 percent of its shares ...
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News briefsUnder Armour opens its first London outlet store at The O2
Under Armour will be opening a 370-sqm unit at Outlet Shopping at The O2 in London in early December. Outlet Shopping at The O2 is owned and operated by Waterfront Limited Partnership, a joint venture between AEG and Crosstree Real Estate Partners. The new store will be Under Armour’s 12th ...
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News briefsDecathlon opens megastore at new Merlata Bloom mall in Italy
Decathlon has moved its historic Baranzate store, near Milan, which had been there for 30 years, to the new Merlata Bloom shopping mall on Nov. 18. The new store boasts a larger surface – from 4,500 sqm in Baranzate to 5,500 sqm – and a staff of 83 people, including ...
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News briefsSmith has a new partner in Switzerland
US goggle and helmets brand Smith has announced a strategic partnership with Spoco, who is to be its sole sales agency of record for the Swiss territory. As part of Smith’s ongoing efforts to expand market share and grow brand presence within the heart of Europe, the partnership with Spoco ...
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News briefsCisalfa opens new flagship store near Verona
Italian sporting goods retailer Cisalfa has inaugurated a new flagship store in Sona, near Verona. With a surface of 2,500 sqm, it is Cisalfa’s fifth largest store in Italy, after Gugliasco, Brescia, Porta di Roma and Roma Eur. The new store, which sells products from over 100 brands, represents an ...
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News briefsNew name for Rentle, expansion into resale
Finnish retail rental specialist Rentle, which lists Decathlon, Rab and Scandinavian Outdoor, amongst others, as customers, has changed its name to Twice Commerce. The name reflects the platform’s expansion from purely rental into resale. There will be no change in the rental platform, but brands can now benefit from the ...
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News briefsSport Conrad invests in automated warehouse and commissioning system
With a customized Autostore system including new peripheral solutions, the German multichannel retailer Sport Conrad is increasing its efficiency and equipping itself for the future. With 16 robots and around 16,000 bins, the system from global Autostore partner and worldwide intralogistics specialist Kardex is helping Sport Conrad’s warehouse in lffeldorf ...
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News briefsDecathlon City Madrid Orense expands retail space with more experiential format
Decathlon has reopened the doors of its store in Madrid’s central Calle Orense after an expansion process, revealing a renewed and more experiential format. The store has increased its sales area by more than 50 percent to 780 sqm spread over two floors, offering customers a completely new, comprehensive experience ...
