News briefs - Retail – Page 9
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News briefsAuthentic Brands Group furthers strategic partnership with Liberated Brands
Authentic Brands Group has entered into a new long-term agreement with its strategic partner Liberated Brands, to be the retail and e-commerce operator for its brands Quiksilver, Billabong, Roxy, RVCA, Honolua and the recently acquired Boardriders in the US and Canada. Additionally, Liberated will become the license partner and wholesale ...
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News briefsMarks & Spencer expands its online roster of sports brands
British retailer Marks & Spencer (M&S) has added an extensive mix of womenswear products from Adidas and Sweaty Betty to The Sports Edit online platform, in line with its strategy of enhancing its Sportswear category. This latest addition brings the total number of third-party sportswear brands available on M&S.com to ...
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News briefsDecathlon opens fifth Austrian store
Source: Decathlon/Romar Ferry Gábor Pósfai, Managing Director Decathlon Austria. Five years after the opening of the first Austrian store in the SCS Park in Vösendorf, the fifth Decathlon location is to follow on Sept. 29. Customers will find equipment and clothing for more than 70 sports on ...
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News briefsJD closer to buying Courir
The acquisition of Courir has advanced to the next stage, with JD Sports Fashion signing an agreement to make the purchase for €520 million, as CMDsport reports. The sum is to comprise €325 million in cash and €195 million in redemptions. The deal remains subject to regulatory approval but is ...
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News briefseBay's new financing option supports circular fashion solution providers
eBay UK has announced a partnership with the British Fashion Council to launch the Circular Fashion Innovator’s Fund, offering £100,000 (€150,000) in funding for small businesses specializing in circular fashion solutions. The fund hopes to bring new technology and services to the market that will make people think and shop ...
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News briefsTechnogym inaugurates new Benelux center
Technogym has announced the opening of its new Technogym Benelux center. Located at Capelle aan den Ijssel in the western Netherlands, the 1,500 sqm space has been designed to attract both industry operators and consumers, who will have a chance to discover the brand’s ecosystem made of training equipment, digital ...
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News briefsLacoste to double number of stores in India
French apparel brand Lacoste plans to open around 50 standalone stores in India over the next five years, Business Standard has reported, based on an interview with Lacoste’s CEO for the Asia-Pacific region, Marcus Meyer. The brand currently has 42 stores and seven digital marketplaces in India and plans to ...
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News briefsSportmaster launches Russia’s first sporting goods marketplace
Russia’s largest sporting goods retailer, Sportmaster, has rolled out the country’s first marketplace focused exclusively on the sale of sporting and outdoor goods. The service was launched on Sportmaster’s website in the form of a separate page. The marketplace does not yet have a standalone name, and so far only ...
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News briefsDecathlon opts for internal solution for Germany CEO succession
Source: Decathlon Arnaud Sauret Following the promotion of long-time German CEO André Weinert to CEO for Central, Eastern and Southeastern Europe (CESEE), the French sporting goods retailer and manufacturer Decathlon has appointed Arnaud Sauret as his successor with immediate effect. Sauret has been responsible for Decathlon’s growth ...
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News briefsFormerly pure e-tailer predicts a record year
Deporvillage appears to have returned to double-digit growth in revenues and has accordingly raised its revenue forecast for the current year from €163 to €170 million, according to Modaes and Palco23. Should the crystal ball prove accurate, the retailer will surpass the record year of 2021 with its late-Covid euphoria. ...
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News briefsFootasylum adopts new retail concept in larger store
Footasylum, leading British retailer of branded fashion and footwear, has moved to a new and improved retail space at the Lakeside Shopping Center in England, where it previously occupied a space of around 300 sqm. The new 900-sqm space features a refreshed store concept that seeks to create a mobile-first ...
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News briefsZalando launches Stories
Source: Zalando Storys on mobile In close collaboration with Highsnobiety, Zalando has introduced “Stories” on its platform. Curated editorial content is seamlessly linked to the shopping experience in visual formats, such as short videos, and is intended to serve as a new source of inspiration for customers. ...
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News briefsFanatics hires new Commerce CEO
Source: Fanatics Andrew Low Ah Kee, new CEO of Fanatics Commerce Digital sports platform Fanatics has announced the appointment of Andrew Low Ah Kee as Chief Executive Officer of its largest business unit, Fanatics Commerce. Low Ah Kee most recently served as President at Opendoor, an e-commerce ...
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News briefsAvatars to get digital sunglasses from Sunglass Hut
Source: Sunglass Hut EssilorLuxottica’s Sunglass Hut and avatar platform Ready Player Me are offering digital sunglasses that users can outfit their avatars with, a unique initiative that combines virtual worlds and physical retail. Starting Sept. 14, customers can pick up free sunglasses for their avatars at select ...
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News briefsCatalonian chain expands
Wala has opened a seventh store, according to both TradeSport and CMDsport. It is a 2,200-sqm operation with a staff of 40 located in Sant Pere de Ribes, Catalonia. The retail chain does all of its business in this one Spanish autonomous community and covers mountain and snow sports, cycling, ...
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News briefsDecathlon to close two of its four stores in Sweden
Citing Fastighetsnytt, ehandel.se reported at the end of last week that the French sports chain Decathlon has decided to close two of its four Swedish stores. Decathlon established itself in Sweden in 2011 with a first test store in Bromma. The idea was then to expand extensively with stores in ...
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News briefsRunning Conseil has a new GM
Jérémy Marchetti is the new general manager of Running Conseil, effective Sept. 1. Running Conseil is a group of 64 independent stores in France specializing in running, trail running and triathlon gear. Marchetti, 41, is the owner of a Running Conseil store in Ollioules in southeastern France. The Running Conseil ...
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News briefsBoth Zalando CEOs extend contracts
Zalando founders Robert Gentz and David Schneider will continue to lead the company as co-CEOs. The Supervisory Board made this decision at its regular Q3 meeting and extended both contracts by another four years until December 2027. Gentz and Schneider will drive the strategy to establish Zalando as the first ...
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News briefsZalando appoints VP of Sustainability and Diversity & Inclusion
Source: Zalando Pascal Brun Online retailer Zalando has hired Pascal Brun, a renowned expert in the textile and apparel industry, as its new Vice President of Sustainability and Diversity and inclusion (D&I). In his role, he will report directly to Padmaja Bommareddy, SVP of Corporate Development. The ...
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News briefsDecathlon appoints Jimena Almendares as chief digital officer
Source: Decathlon Jimena Almendares Decathlon has announced the appointment of Jimena Almendares as Global Chief Digital Officer. She joined Decathlon in August. Almendares has 20 years of experience in business innovation and has worked in 16 countries across North America, Latin America, Europe and Asia. Before joining ...
