Retail & Distribution – Page 15
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AliExpress sees global growth in demand for ski equipment thanks to Beijing Games
Retail News Asia has released new sales data from AliExpress, the online retail platform founded in 2010 and part of the Alibaba Group that enables small businesses in China and other countries to offer international products to online shoppers. The data shows growing demand for winter sports products, which AliExpress ...
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Sportmaster shifts focus to Russian provinces with new retail format
Russia’s largest sporting goods retailer, Sportmaster, has unveiled plans to expand into cities with populations of up to 100,000 with a new store format. Sergey Agibalov, Sportmaster’s business manager, told the Russian Business Consulting agency that the new format would serve as an element of its omnichannel development strategy, in ...
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Russia’s Kant sees spike in sales during winter months
Russian sporting goods retailer Kant reported that the current winter season is going exceptionally well: Sales in November-December were up 30 to 40 percent compared to the same period last year. In January, sales declined slightly, but were still 15 to 20 percent higher than last year. Maxim Vinogradov, co-owner ...
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Kuenzi will join The Athlete’s Foot after a 24% sales gain
The 550-odd stores and websites affiliated with The Athlete’s Foot (TAF) around the world raised their sales by 24 percent to a new record of $503 million in the past year, said the Arklyz Group, which acquired the chain from Intersport International Corp. in July, surpassing the originally set target ...
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XXL starts 2022 with a sales dip after 9.4% growth in Q4
XXL ASA said its revenues declined in January by around 20 percent to 720 million Norwegian kroner (€71.5m-$81.7m), after a “record-breaking” January 2021, as the Nordic sports retailer’s monthly sales performance was conditioned by less favorable winter sport conditions in most of the Nordic region as well as an earlier ...
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Decathlon Germany reports best year in history
Decathlon Germany has reported the most successful financial year in the company’s 35-year history. Since the first German store opened in Dortmund in 1986, the sporting goods manufacturer and retailer has expanded to 84 stores, two logistics centers and four campus locations for central services with a total of 4,833 ...
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With new members, Intersport Germany predicts over 5% annual growth
Intersport Germany predicts that its retail members will be able to achieve annual growth of more than 5 percent between now and 2025, with significant double-digit growth online, benefitting from the development of the “360° Intersport ecosystem,” new omni-channel services and the broad rollout of better store formats. The 800-odd ...
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Adidas and Decathlon encourage shoe recycling to help women practice sports
Adidas and Decathlon have decided to jointly organize and finance a program intended to promote sustainability and women’s sports in France at the same time. In a first step, Decathlon has started offering customers at its 330 stores in France to drop off 25,000 used sports shoes by any brand, ...
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Intersport is pushing its exclusive brands
Intersport International Corp. (IIC) intends to fine-tune the development and adoption of its own private brands, further raising their share of the affiliated retail members’ sales. Positioned as mid-priced, high-quality offerings with good margins against those of the major brands, the group’s exclusive brands currently represent around 10 percent of ...
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A new regional set-up for Intersport in Europe
Dividing the European market into three regional clusters, Intersport International Corp. (IIC) has established a new set-up that has probably contributed to its relatively good performance in the past year, in spite of differences from one country to the other. Under the wing of Steve Evers, CEO of IIC, an ...
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ANWR reports higher sales in sports and leathergoods, not at shoe shops
The high degree of diversification across many businesses, industries and regions again helped the ANWR Group in the pandemic. In 2021, the group increased its total business volume by 11 percent to €19.8 billion, and the financing of centralized settlement operations by its DZB Bank and Aktivbank were the main ...
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New manager in charge of Intersport’s exclusive brands
Intersport International Corp. (IIC), which has big ambitions in this area (more on this soon), has appointed Katja Adrienne Erbe as its new General Manager EB Commercial, taking over responsibility for Intersport’s exclusive brands from Jessica Mair from the month of March. After working for the Adidas Group for 19 ...
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Strong year-end spurt in Sweden
The past year ended with a bang for Swedish sports retailers. Their total retail sales rose by 20.7 percent year-on-year during the important fourth quarter, according to the quarterly Sportindex produced by the Swedish Sports Forum in collaboration with HUI Research, which is based on a sample of major players ...
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Signa Sports United predicts a temporary sales decline, due to supply chain constraints
Signa Sports United (SSU), the world’s leading sports e-tailer, reported a 10 percent increase in total revenues to €247 million in the fourth quarter of its fiscal year, ended Sept. 30, 2021, despite supply constraints for full bicycles, as it continued to benefit from resilient consumer demand across its verticals. ...
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Strong global growth and positive outlook for Intersport
Retail sales grew by 20.7 percent in 2021 to a new record of €12.2 billion (including VAT) for the retailers affiliated with Intersport International Corp. (IIC). In terms of local currencies, sales went up by 19.4 percent for the year, with growth of 20.4 percent in the second half after ...
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Barbara Martin Coppola will run Decathlon worldwide
Decathlon has announced the appointment of Barbara Martin Coppola as the group’s new CEO, starting in mid-March. The 45-year-old French and Spanish binational will take the place of Michel Aballea, who has held the helm of the world’s largest sporting goods retailer since 2015. “The current good health of Decathlon ...
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U.K.-based American Golf grows strongly
American Golf, which claims to be the largest golf retailer in Europe, has reported an exceptional 55 percent increase in revenues for the fourth quarter of 2021 as compared to the same period of 2019, indicating that the Covid pandemic has given a strong impulse to the game of golf. ...
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Sport 2000 creates “clubs” for different sports
The concept may be rolled out to other countries at a later stage. For the moment, generalist retailers affiliated with Sport 2000 in Germany who can demonstrate “qualitatively demanding standards” in the focus categories of outdoor, running, fitness or lifestyle can now become part of a new cooperation concept under ...
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Decathlon strikes new online retail partnerships in Switzerland and the U.K.
We have already reported on Decathlon’s partnerships with other retailers, including Fnac in France and Switzerland, Manor in Switzerland and Walmart and Target in the U.S. A Swiss online retailer, Galaxus, has now agreed to offer some of Decathlon’s private label products on its own platform, starting with the Swiss ...
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Decathlon closes its U.S. stores but remains in the country
Decathlon has announced that it will close its only two existing stores in the U.S. – both located in the Bay Area of San Francisco – at the beginning of this year, while focusing on sales online and continuing to work through a growing number of retail partners - including ...