News briefs - Retail – Page 9
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News briefsJapan’s Alpen Co. sees annual operating profit tumble
The Japanese sporting goods retailer experienced a 34% decline in annual operating profit over the 12-month period ending June 30.
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News briefsAlo Yoga opens new flagship store in London
The US activewear brand continues its global expansion by opening a second London flagship store.
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News briefsNike and JD Sports roll out connected loyalty program to the US
The companies are expanding their connected loyalty program to the US to enhance the customer experience and underscore JD Sports’ growth ambitions in North America.
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News briefsJD Sports store in London Stratford is the chain’s top performer
The newly refurbished store achieves the retailer’s highest turnover globally.
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News briefsEl Corte Inglés appoints new CEO
The Spanish department store chain has appointed Gastón Bottazzini as CEO while confirming Manuel Pizarro as director as the company finalizes a five-year plan.
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News briefsFirst Sport 2000 multi-category concept store opens in Germany
Sport 2000 Nordhorn is the group’s first multi-category retail concept store and covers a wide range of product segments, including running, fitness, sports style and team sports.
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News briefsTemu beginning to compete on Amazon’s territory
Temu has opened its local warehouse program to vendors with corporate entities registered in Europe and to holders of European passports.
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News briefsSprinter continued to grow in FY23
According to Diffusion Sport, Sprinter generated €585.8 million in sales for its full year 2023, which extended from February 2023 to January 2024. This figure represents a rise of 13 percent year-on-year and 100 percent from the pre-lockdown year of 2019. Net profits amounted to €37.9 million, up about 11 ...
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News briefsPIF seeks 50 percent of Selfridges
Saudi Arabia’s Public Investment Fund has reportedly offered to raise its stake in the department store chain.
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News briefsHibbett now under JD Sports Fashion’s umbrella
JD Sports Fashion completed the acquisition of Alabama-based sports fashion retailer Hibbett, Inc. on July 25, after Hibbett shareholders approved the deal at a special meeting on July 19 and all other outstanding conditions were met. “The completion of our acquisition of Hibbett is an important strategic milestone for us ...
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News briefsFoot Locker to open its first India store in Delhi
American athletic retailer Foot Locker will open its first brick-and-mortar store in India at the Nexus Select CityWalk Mall in Saket, New Delhi.
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News briefsShareholders approve sale of Hibbett to JD Sports
JD Sports has cleared the final hurdle in its $1.1bn takeover of US sports retailer Hibbett Sports.
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News briefsOnitsuka Tiger celebrates on Champs-Elysées
Days before the 2024 Summer Games begin, Onitsuka Tiger will start celebrating its 75th anniversary at the Hôtel Onitsuka Tiger in Paris.
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News briefsPacSun enters US men’s activewear market
American apparel retail brand PacSun has launched a 28-piece activewear line for men in the US, called A.R.C. (Active.Recreation.Comfort.).
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News briefsGymshark open up new London flagship store
British multinational sports apparel retailer Gymshark has opened its second flagship store in Stratford.
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News briefsPangaia opens first standalone UK retail store
Purpose-driven lifestyle apparel brand Pangaia has opened its first standalone store in the UK on Carnaby Street in the vibrant Soho district.
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News briefsPOC launches digital DTC flagship store
POC has launched a flagship DTC online store this June serving 35 countries in four languages and supporting 13 currencies.
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News briefsDecathlon seeks to unify and improve its stores
Decathlon is beginning a universal store renovation program in Spain, specifically at the 8,000-sqm store in San Sebastián de los Reyes, on the northern outskirts of Madrid. Nine other stores will be following suit elsewhere in Europe and, in time, another 23 in Spain. Decathlon seeks to establish a circular ...
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News briefsSkechers expands retail presence in Spain
Skechers is expanding its retail presence in Spain under the guidance of retail property consultancy Newmark Retail. The American footwear brand is opening two flagship stores in Madrid and one in A Coruña. The new flagships in Spain’s capital city will be in the Parque Oeste and Rivas Futura shopping ...
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News briefsRossignol reopens store in Paris St-Germain
The Rossignol Group announced the reopening of its iconic store in Paris St-Germain after a complete renovation – and just in time for the upcoming 2024 Olympic Games in Paris. The store’s new layout is designed to provide visitors with an immersive and enriching experience. Key improvements include vibrant organic ...
