News briefs - Retail – Page 25
-
News briefsA good 2022 at El Corte Inglés
El Corte Inglés has booked a solid fiscal 2022, despite the discomforts of the economic climate, according to Diffusion Sport. Revenues through the closing date of Feb. 8 amounted to €15.33 billion, up 22.5 percent year-on-year, while Ebitda was €951.4, up 18.3 percent. Recurring net income was the highest in ...
-
News briefsECE completes €12 million sports and leisure project in Viennese shopping mall
Source: ECE/Meyer Boulder wall at G3 Shopping Resort Gerasdorf The German retail property company ECE Marketplaces has successfully completed an extensive project for the expansion of the G3 Shopping Resort Gerasdorf, a shopping center on the outskirts of the Austrian capital of Vienna. On an area of ...
-
News briefsPlanetics: Startup acquired by another startup
According to Internet portal munich-startup.de, Potsdam-based startup Khulula has acquired Planetics, a Munich-based marketplace for sustainable sporting goods. Last May, Planetics – founded in 2020 – was still announcing an expansion of its pre-seed round. Then, at the end of March, Planetics made public that it was looking for a ...
-
News briefsTmall pilot launches in Spain
As reported by German magazine WirtschaftWoche and other media, Alibaba has started to enter the European market with the first pilot of its B2C marketplace Tmall in Spain. Following Alibaba’s recently announced split into several divisions, one of them will be exclusively dedicated to internationalization. It remains to be seen ...
-
News briefsStadium launches collaboration with para-alpine skier Ebba Årsjö
Source: Stadium Ebba Årsjö Swedish retail chain Stadium and Swedish para-alpine skier Ebba Årsjö are entering into a long-term collaboration next year. The main focus of the partnership is to inspire children and young people to try new sports and take on challenges in their own way, ...
-
News briefsGoogle introduces generative AI virtual try-on tool
In an attempt to replicate the online fitting room experience, Google has introduced a new generative artificial intelligence virtual fitting tool available through its search engine. It can initially only be used for women’s tops and only in the U.S. Shoppers can click on products with a “Try On” badge ...
-
News briefseBay expands authenticity service to kids’ sneakers in the U.K.
Online marketplace eBay has announced that it has expanded its Authenticity Guarantee program to cover new and pre-owned kids’ sneakers sold in the U.K. for £100 or more. The company said that eligible sneakers in infant, toddler and kids’ sizing will go through the same process as adults’ shoes at ...
-
News briefsLids appoints Ariel Sandler as head of brand and collaborations
Lids Sports Group has announced the appointment of Ariel Sandler as the company’s head of brand and collaborations. In this role, he will lead the company’s new branding department across partnerships, activations and brand development. Sandler has a sports and fashion background, having previously served in marketing and brand roles ...
-
News briefsXXL's struggles continue, warns on Q2
Persistent weak consumer demand, resulting in a need for aggressive pricing and promotions, continues to plague Norwegian retailer XXL ASA. The multi-country operator, slated to formally report Q2 results on July 14, is forecasting lower Ebitda, gross margin, and revenues for the period. Second quarter Ebitda is forecast to come ...
-
News briefsTradeInn looks abroad to break half a billion
TradeInn currently derives 82 percent of its sales from outside its home country of Spain, Diffusion Sport reports, citing an interview with CEO David Martín by Ecommerce News. Last year’s revenues amounted to €433 million, up by 14.55 percent year-on-year. Spain accounted for €78 million of the total. This year’s ...
-
News briefsNew chairman at Intersport Spain
Intersport Spain’s board of directors has a new chairman in Maite García Frutos, according to Diffusion Sport. García Frutos is chief executive of Tovarsport, an Intersport retailer in Murcia, and has had a seat on the board for the past 15 years. Oriol Tomás Carulla is stepping down from the ...
-
News briefsSprinter revamps store in Granada
Sprinter has overhauled and reopened one of its top stores, located at the Granaita de Pulianas mall in Granada, Spain. According to Diffusion Sport, this more experiential version of the store covers some 2,300 square meters and has expanded its staff from 39 to 50. A section called Sports Lab ...
-
News briefsStockX rejected $30 million worth of fake sneakers over the last 12 months
Detroit-based resale platform StockX has released a new report with data on its latest verification advancements and metrics. According to the document, titled Big Facts: The Verification Report, StockX rejected nearly $90 million worth of products that did not meet verification standards over the last 12 months. The most cited ...
-
News briefsNike to open megastore in Malaga in 2024
Nike will open a two-floor store in the sixth largest city in Spain, Malaga, in 2024, according to El Español. The store near the Plaza Mayor Shopping Center will also comprise a gym operated by another company. Construction work, which is already underway, is expected to be completed by March ...
-
News briefsFrasers to launch Sports Direct in Indonesia via joint venture
Frasers Group subsidiary Frasers Group Asia Sdn Bhd (FGA) will bring Sports Direct to Indonesia via a joint venture with local retailer PT MAP Active, which acquired Foot Locker stores in Singapore and Malaysia earlier this year. The British company said the collaboration is the first step in a regional ...
-
News briefsTikTok wants to expand e-commerce significantly
TikTok is looking to significantly expand its e-commerce platform. This year, the short video app’s business with advertising links for goods during live broadcasts is expected to quadruple to as much as $20 billion, Bloomberg reported, citing people familiar with the matter. The app, which is particularly popular with young ...
-
News briefsReebok enters pet supplies business
Reebok has launched a new line of dog-friendly items at U.S. pet retailer Petco. The collection includes a variety of Reebok-branded T-shirts and K9 apparel, tennis balls, hats, backpacks and other accessories for dogs. See the products here.
-
News briefsNike will resume retail partnership with DSW stores
Designer Brands, the parent company of the DSW footwear retailer, has announced that Nike will reenter into a partnership to sell its shoes at DSW stores. DSW is one of America’s largest shoe store chains. The deal will kick off in October, involving Nike’s athletic footwear for men, women and ...
-
News briefsAmazon collaborates with the Ellen MacArthur Foundation on circular economy initiatives
Amazon has announced that it is collaborating with the Ellen MacArthur Foundation, an international charity dedicated to creating a circular economy, as a strategic partner. A key area of focus for the collaboration will involve the certifications for products with circular attributes, said Amazon. Along with the foundation, Amazon is ...
-
News briefsSport 2000 opens tenth Absolute Run store
On June 1, the tenth Absolute Run store opened in Liège, Belgium. Sport 2000 has implemented the store together with the Running Experts Europe partner “Jogging Plus.” True to the concept, the Absolute Run - Jogging Plus area is fully geared to tangibly and visibly conveying to customers the added ...
