All News briefs articles – Page 267
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News briefs
Zalando launches Connected Retail in Italy
Zalando is launching its Connected Retail program in Italy, offering a reduced commission until the end of the year to the physical retailers that wish to join its online marketplace. Like in 12 countries where this service is already available, the goods will be ordered through Zalando’s website and delivered ...
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News briefs
CORRECTION: The global sports market was worth $508 billion in 2020
In contrast with previous years, we used figures compiled in euros rather than U.S. dollars in reporting about NPD’s annual Global Sport Market estimate for 2020. We have put a new story on our website with the figures in euros as well as dollars.
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News briefs
Sweaty Betty collaborates again with rēspin
Sweaty Betty has embarked on a second collaboration with rēspin, the brand founded by the actress Halle Berry. The result is a limited edition of 24 articles of activewear designed by Lindsey Flores and called The rēspin Edit. The collection’s jackets, leggings and other items range in price from $14 ...
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News briefs
China Dongxiang’s Kappa sales dip
In contrast with other Chinese sportswear companies, China Dongxiang reported a mid-to-high-teens decline at its Kappa and Kappa Kids stores for its second quarter ended Sept. 30, with a mid-to-low single-digit drop on a same store basis. For the first half of the company’s financial year, sales were off by ...
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News briefs
Schildkröt launches new fitness products
Germany’s MTS Sportartikel Vertriebs is introducing a new range of products as part of its Schildkröt fitness product line. It consists of a new push-up multi-trainer board, a sit-up trainer and a shaping loop set with three elastic loops at different strength levels. Besides that, the German brand is going ...
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News briefsPorsche gets involved in kitesurfing
In addition to its long-standing sponsorship activities in the sports of tennis and golf, Porsche will also support the further development of kitesurfing in the future. The first event sponsored by the automotive brand will be the Red Bull King of the Air in Cape Town in November 2021. In ...
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News briefs
Asics is again sponsoring the World Ekiden relay
This year Asics is once again sponsoring the World Ekiden, scheduled for Nov. 22 and open to the public for enrollment since Oct. 4. Just as the marathon symbolizes a herald’s run to Athens thousands of years ago to deliver news of a battle, the Ekiden symbolizes the relay that ...
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News briefs
Top JD managers get stock options
JD Sports Fashion has granted performance-based stock options to Peter Cowgill, executive chairman of the company, and Neil Greenhalgh, chief financial officer, under the company’s 2021 Long Term Incentive Plan. The options will become ordinarily vested in five years’ time, subject to the achievement of certain performance conditions. Cowgill got ...
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News briefs
JD acquires control of a Greek retailer
JD Sports Fashion has further expended its presence in Europe by acquiring 80 percent of Cosmos Sport, a retailing group that operates 57 stores in Greece and three in Cyprus under various banners, associated with web stores. Of these, 32 are under the Cosmos banner, offering an “elevated sporting goods ...
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News briefs
361 Degrees returned to growth in Q3
Retail sales of the 361° branded products grew by a rate in the mid-teens during the third quarter, says 361 Degrees, outperforming the high single-digit increase that the Chinese sportswear company had reported for the same period a year ago. Its 361° Kids line did even better, rising by between ...
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News briefs
XXL adopts RFID tags
According to the British trade magazine Retail Technology, XXL ASA has begun to use RFID tags to track its inventory. With the help of a Scandinavian firm, Securitas, it has adopted Nedap’s iD Cloud platform throughout Norway and plans to roll it out to its 89 other megastores in various ...
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News briefs
Oberalp Group plans to expand in Southern Europe
The Italian Oberalp Group intends to invest more in other Southern European markets in the coming years, according to SAZ. To this end, Marion Alexandre has been appointed to the new position as general manager for South Europe as of June 1, 2021. She is to be responsible for developing ...
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News briefs
WHO issues guidance for gov’t physical activity systems
The World Health Organization (WHO) has released a statement on state-encouraged exercise under the title “Fair Play: Building a strong physical activity system for more active people.” The pandemic, it reads, has “exposed vulnerabilities and inequities in opportunities for communities and people to be active,” and therefore physically and mentally ...
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News briefs
New Reebok collection incorporates graphene
Reebok has launched a “commercially priced” collection of sportswear that incorporates graphene – an unusually strong, thin, lightweight and conductive material made of a single layer of carbon atoms. Researchers at the University of Manchester have isolated graphene to its thinnest layer, discovering that it is one of the lightest, ...
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News briefs
Xtep grew at a mid-teens rate in Q3
Xtep International reported growth in the mid-teens for the third quarter of 2021 through all the channels as compared to the same period a year ago; when the Chinese company’s growth was limited to a mid-single-digit rate. Retail discounts averaged 20 to 25 percent and the retail turnover stood at ...
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News briefs
Anta reports gains at different speeds for the brands in its portfolio
Anta Sports Products reports that the growth in retail sales of its core Anta brand accelerated to a low-teens rate in the third quarter as compared to the single-digit increase posted in the same period a year ago, leading to growth in the mid-teens as compared to the third quarter ...
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News briefs
Snow Factory has a new CEO
According to CMDsport, Snow Factory has a new CEO in Álvaro Camín, former business director for EMEA and global sales director at Suunto. The appointment is intended to free up the Iberian distributor’s owners, Javier and Alejo Garriga, to strategize digital and operational growth. In September, Snow Factory also appointed ...
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News briefs
Aquasphere to engage swimmers for its R&D
Aquasphere has founded an R&D Hub that will rely on swimmers of any level from fitness to elite to help develop its products and the related marketing, retailing and merchandising. As a start, the Italian brand of swim goggles and masks has signed a deal with the French swim club ...
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News briefs
New Balance establishes an “athlete advisory board”
Stating that it “favors a partnership model relationship over a sponsorship,” New Balance has established what it calls the Athlete Advisory Board, described as a “collective” of professional athletes, executives and “brand associates” to “aid in the important work coming from the internal teams grounded on the principles of co-authorship.” ...
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News briefsCrocs with two new SVPs
Source: Crocs Lori Foglia Crocs has hired Lori Foglia as senior vice president and chief product and merchandising officer. Foglia brings nearly 25 years of product, merchandising and retail experience to the company. She previously worked at Victoria’s Secret, where she spent nearly five years overseeing product ...
