News briefs - Retail – Page 8
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News briefsSwedish fashion and sportswear discount chain sets up first German store
Lager 157 sells SEK 2.4 billion per year in fashion and sportswear through 75 stores and e-commerce.
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News briefsSian Keane joins Gymshark as CPO
The new Chief People Officer joins from Farfetch, where she most recently held the same role.
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News briefsKlarna increases payment flexibility with new features
The Swedish payment provider introduces new savings opportunities and rewards for loyal customers.
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News briefsGymshark opens its third store in the world’s largest mall
Gymshark’s latest store will be located on the first floor of the Dubai Mall.
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News briefsBillabong opens new store in Patagonia
It’s situated in the scenic town of San Martin de Los Andes.
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News briefsBreuninger reportedly for sale
The iconic German department store chain is reportedly up for sale as part of a potential strategic shift in ownership.
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News briefsPacSun appoints new CFO to drive growth
The US retail clothing brand named Jimmy Buenrostro as new CFO, aiming to leverage his extensive retail finance experience to enhance strategic growth initiatives.
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News briefsFrasers Group expands into Australia and New Zealand
The expansion follows the acquisition of a significant stake in the Accent Group.
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News briefsOn opens first Italian flagship
After accelerating in Q2, the Swiss brand is also expanding its retail footprint.
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News briefsSport 2000 partners with Running Industry Alliance
Sport 2000 will support RIA’s retail and brand members with learnings from international markets.
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News briefsJD Sports maintains Ebit guidance but cites volatile environment
The UK-based group maintains its annual profit outlook amid global volatility, reporting solid Q2 growth driven by strong European, North American and Asia-Pacific sales.
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News briefsTechnoSport expands footprint with 15 new stores across South India
The Indian activewear brand aims to solidify its position in the competitive activewear segment.
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News briefsStockX resale report: Asics soars 589% in 2024 as sneaker resale market evolves
While traditional powerhouses like Nike and Jordan have experienced a decline, challenger brand Asics has seen almost 600% growth in resale.
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News briefsFoot Locker reopens NYC flagship, introduces Home Court concept
Foot Locker is set to reopen its flagship on 34th Street on Aug. 22, marking a key step in the company’s global retail strategy.
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News briefsUS brand Brendratti makes its European debut
The luxury clothing brand celebrates its debut on the continent from Italy.
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News briefsAmerican Golf partners with Go Outdoors
The UK-based retailer launches a first 280sqm concession at Go Outdoors in Gloucester on Aug. 22.
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News briefsAmazon signs deal with Tiktok to sell on its platform
The agreement enables Amazon to sell products via ads without users having to leave the app.
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News briefsNew COO for Intersport Germany
Henriette Tesch takes over from Frank Geisler as COO of Intersport Germany and will promote future growth and sustainability.
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News briefsXebio’s Q1 operating profit rises by 47 percent
Profit attributable to the parent increased by 40 percent in Q1 to ¥2,785 million (€17.3m).
