News briefs - Retail – Page 8
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News briefsCisalfa appoints new group corporate and internal communication director
Italian sporting goods retailer Cisalfa has appointed Federico Filippa as group corporate and internal communication director. In his new role, Filippa will oversee internal, external and executive communications, media relations, corporate reputation management and crisis and issues management for the group, as per his Linkedin account. Filippa spent the past ...
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News briefsTopsports Intl. turns higher sales, profits in H1
Chinese sportswear retailer Topsports Intl., which works with 14 leading sports brands including Nike and Adidas, reported a 16.7 percent increase in H1 profit attributable to shareholders to 1,337.20 million yuan renminbi (€173.0m) for the six months ended Aug. 31. Six-month operating profit improved by 9.2 percent to RMB 1,725.9 ...
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News briefsSpanish retailer solidifying its image
According to Diffusion Sport, Atmósfera Sport has spent the year unifying its corporate image in its stores. The Spanish retailer began the refurbishments in January with 37 stores and by September had raised the number to 68, with another 50 or so planned for early 2024. Its 335 franchisees operate ...
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News briefsAmazon to launch in South Africa in 2024
Amazon announced that Amazon.co.za will launch in 2024, offering South African sellers the opportunity to reach customers across the country starting next year. Amazon says that more than 60 percent of sales on its store are made by independent sellers, most of which are small and medium-sized businesses that offer ...
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News briefsPeloton expands to Austria via Amazon and Sport-Tiedje
US fitness company Peloton has announced its expansion into Austria, its fifth international market outside the US in addition to Canada, the UK, Australia and Germany. Peloton Bike, Bike+ and select accessories are now available in Austria through Amazon. Sport-Tiedje, the leading specialty retailer of home fitness equipment in Europe, ...
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News briefsLargest SSU shareholder terminates unconditional equity commitment
Shortly after deciding to delist from the NYSE, Signa Sports United (SSU) announced that it had received a termination notice regarding the unconditional equity commitment letter from Signa Holding GmbH, a privately held Austrian real estate and retail company and a subsidiary of the company’s largest shareholder, Munich-based Signa International ...
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News briefsSpanish retailer Oteros Sport exits bankruptcy and draws expansion plan
Spanish athletic footwear retail chain Oteros Sport, which entered bankruptcy in September 2022 due to the impact of the Covid-19 pandemic, has announced that it has been authorized by a commercial court in Cordoba to continue its operations. The company is therefore maintaining its 66 locations and 249 jobs and ...
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News briefsFootway’s sales fall, losses widen in Q3
Swedish Footway Group AB, the operator of specialized online stores, which has been undergoing restructuring since July 25 this year, has presented its latest figures for the third quarter of the current fiscal year. Sales amounted to 136 million Swedish kroner (€11.77m) compared to SEK 261.6 million (€22.63m) in the ...
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News briefsDPS announces trade-in program for used skis
U.S.-based ski manufacturer DPS Skis has launched Revive, a new program that offers customers the opportunity to trade in qualifying used DPS skis for a credit toward new DPS skis and equipment. The credit is up to $500, depending on the condition of the traded-in ski. Upon receipt, DPS will ...
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News briefsPádel brand invites you to rent before you buy
StarVie has introduced eight-day pre-purchase rentals for pádel racquets. The fee per rental is €22.90 and includes the costs of shipping to and from the customer and of insurance to cover any damage to the racquet. The racquet is delivered to and collected from whatever address the customer provides. If ...
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News briefsSpanish e-tailer hits three more European markets
Deporvillage has inaugurated three more e-commerce sites – for Denmark, the Netherlands and Poland. According to sales director Alex Reina, who has spoken with CMDsport, the Spanish specialist in cycling, running and outdoor sports believes that the Netherlands could become a key market in three to five years, as early ...
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News briefsFrasers Group acquires greater stake in XXL
XXL’s share price rose significantly on the Oslo Stock Exchange after Britain’s Frasers Group acquired 117 million shares in the troubled Norwegian sporting goods chain on Tuesday, now owning 162 million shares, which – according to E24 – equals 9.75 percent of the total shares and 12.16 percent of the ...
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News briefsFútbol Emotion branches out
A specialty retailer until now, Fútbol Emotion is branching out into a new sport – indeed, new sports. As we’ve learned through Diffusion Sport, CEO and co-owner Carlos Sánchez has detailed the plan to infoRetail. “We’d like to take our know-how in football and export it to other sports, and ...
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News briefsNike’s virtual shoe goes real-life
Nike’s digital member platform .SWOOSH is launching its first-ever real sneaker, designed exclusively for its members: The Air Force 1 Low TINAJ (“this is not a jpg”). According to the .SWOOSH blog, customers must have uncovered one or more OF1 boxes by Oct. 16 to enjoy exclusive access to the ...
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News briefsSaaS provider Scnd receives €4 million in funding
Scnd, a Paris-based provider of a SaaS solution for e-commerce services, announced a €4 million funding round backed by investors including 42Cap and Partech. Led by Anthoni Noyon, CEO, Thomas Weyand, Chief Revenue Officer, and Sam Schneider, Chief Technical Officer, Scnd has developed a white label solution that allows companies ...
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News briefsJD’s new CFO in office
As announced earlier this year, Neil Greenhalgh, Group CFO since 2018, has left JD Group. Dominic Platt took over the position on Oct. 4, 2023. Platt was most recently CFO of BGL Group, one of the UK’s leading digital distributors of financial services and owner of Compare the Market. He ...
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News briefsRidestore breaks billion SEK mark
According to a report on ehandel.se, Gothenburg-based e-tailer Ridestore will close the 2022/2023 fiscal year, which runs until the end of March, stronger than ever, already reporting net sales of 1.16 billion Swedish kroner (€99.91m). Operating profit is SEK 353.2 million (€30.42m). The company says the strong Euro had a ...
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News briefsFrasers Group submits plans for new HQ
According to Retail Gazette, U.K. retailer Frasers Group has submitted a planning application to establish a new global headquarters at Ansty in Rugby, Warwickshire. The move is intended to support its growth ambitions, the retail group said. The campus is expected to include a logistics area, offices, R&D retail, a ...
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News briefsSuperdry transfers IP for South Asia to joint venture with Indian retailer
India’s largest retailer, Reliance Brands Limited (RBL), through its wholly-owned subsidiary in the UK (RBUK), signed a definitive agreement to form a joint venture with British fashion brand Superdry PLC to acquire its intellectual property for the territories of India, Sri Lanka and Bangladesh, the company said in a statement. ...
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News briefsReorganization of ANWR's Executive Board completed
Matthias Grevener has left the Executive Board of the German ANWR Group eG on Sept. 30, 2023, after a total of 17 years and as the longest-serving member of the Board. He also resigned all his mandates within the ANWR Group of companies but will continue to be available to ...
