All Retail articles

  • Sportmaster Logo Russian
    Article

    Sportmaster reportedly withdraws from Poland

    2022-06-24T10:41:00Z

    Go Sport, the Polish subsidiary of the Russian largest sporting goods retailer Sportmaster is pushed towards bankruptcy, the Russian newspaper Kommersant reported, citing sources close to the matter. Despite obtaining permission to sell the Polish business to British Sports Direct, Sportmaster failed to close the deal, while restrictions against the ...

  • News briefs

    Russia hopes to return Western brands

    2022-06-24T10:41:00Z

    Russian marketplaces Ozon and Yandex Market have started importing goods without the permission of the brand’s owner, commonly known as a parallel import. The new mechanism approved by the Russian government in March of 2022, in the wake of Western sanctions and a mass exodus of foreign brands from the ...

  • Decathlon
    News briefs

    Decathlon starts closing stores in Russia

    2022-06-24T10:29:00Z

    Decathlon will suspend the operation of its sporting goods stores in Russia from Sunday, June 26, the company said in a statement, describing the upcoming closures as “temporary.” The company promised that buyers would be able to make a return of the purchased items in several stores until July 10. ...

  • Jeff Headshot
    Article

    Jeff Chen, CEO of NetVirta: “It’s about turning millions of dollars into cost savings”

    2022-06-24T07:29:00Z

    In the current online and in-store technology race to help consumers get a better fit and simultaneously assist retailers in lowering their return costs from their customers’ ill-fitting online orders, Boston-based NetVirta thinks it has a leg, and an arm, up other rivals in the space. Pun intended.

  • rail-g1be5c55f0_1920
    Article

    U.K. rail strike deserts rail stations and heavily impacts retail companies

    2022-06-22T10:42:00Z

    With their biggest strike for 30 years rolling over the U.K., British rail unions have brought 17.7 percent fewer shoppers to the greater London area, and 27 percent less to the city center compared to last week. Compared with the 2019 pre-Covid numbers, footfall was down 19.3 percent across U.K. ...

  • Sport-2000-logo
    Article

    Sport 2000 to present a more united image internationally

    2022-06-22T10:42:00Z

    Sport 2000 closed the 2021 financial year with record sales of €5.3 billion, confirming its position in sports retail in the DACH region. Now the sports retail group wants to become more visible worldwide as “One Sport 2000,” as the group announced at this year’s General Assembly. “The specialty sports ...

  • News briefs

    Tréndico holds first in-person convention in two years

    2022-06-21T10:53:00Z

    This month, Tréndico Group held its first in-person convention since January 2020, CMDsport reports. In attendance were 44 brands and some 80 percent of the owners of the 475 stores under its Atleet and Foot on Mars banners. The convention was on par with the previous show, a virtual one ...

  • HDE_Logo
    News briefs

    CEO of Intersport Germany expected to become new head of German Retail Association (HDE)

    2022-06-21T08:47:00Z

    Source: HDE Alexander von Preen After Josef Sanktjohanser, president of the German Retail Association (HDE), announced that he would not be available for re-election after 16 years, the executive board of the federation has unanimously recommended Dr. Alexander von Preen, CEO of Intersport Germany eG, to the ...

  • gfk-logo
    Article

    GfK reports Europe-wide retail turnover increase of 6.8 percent in 2021

    2022-06-20T11:57:00Z

    Against the weaker 2020 numbers that reflected a European economy shaken by the first Covid-19 wave, the new figures conducted by GfK for the retail sector in Europe show an overall better situation for retailers. The 2021 European retail study sees retail sales increase significantly by ...

  • Munich_sports_logo
    News briefs

    Munich posts 29% increase in annual sales, with exports growing double-digit

    2022-06-20T07:43:00Z

    Munich, the Spanish company and brand specializing in sports and fashion shoes, reached record revenues of €52.6 million in 2021, marking a 28.71 percent increase compared to the previous year. Exports jumped by 28 percent to €6 million, primarily driven by Europe. Sales in Spain, its primary market, increased by ...

  • O1_2020
    Article

    ANWR Group to add 2,500sqm to Mainhausen order center for new showrooms

    2022-06-17T11:08:00Z

    ANWR Group announced plans to add a new building to its existing Ordercenter O1 on the Mainhausen Campus in Germany. Following the building permit submission, the symbolic groundbreaking ceremony is scheduled for October 2022, with completion planned for December 2023. Showrooms ranging in size from 100 to 500 square meters ...

  • Hamburg-Überseequartier (HafenCity)
    News briefs

    JD Sports opens mega store in Hamburg’s HafenCity district

    2022-06-17T08:27:00Z

    The British retail chain JD Sports will open an 800-square-meter store in Hamburg’s HafenCity, operated by Unibail-Rodamco-Westfield, a global developer and operator of flagship destinations with a portfolio worth €54.5 billion. The new mega store’s extensive brand and assortment mix will combine brands such as Nike, Adidas, Puma and The ...

  • Lids_Logo
    News briefs

    Lids will open 20 stores in Germany

    2022-06-16T07:50:00Z

    Source: Lids Lids store in the U.K. Lids, the U.S. sportswear retailer headquartered in Indianapolis, is expanding into Germany with the opening of 20 stores. The first three locations will open in Berlin in the coming weeks. Alexa Berlin is set to open on June 17, followed ...

  • GMG_Hong_Kong
    News briefs

    A new Nike concept store in Hong Kong with GMG

    2022-06-16T07:45:00Z

    GMG has launched a new Nike concept store in Hong Kong. The 200-square-meter store is located at the Hang Tau district’s East Point City shopping mall. GMG is a global company retailing, distributing and manufacturing a portfolio of international and home-grown brands across sports, food and health sectors. The company ...

  • Decathlon
    News briefs

    Decathlon expands its distribution channels in the U.S. to include new retailers

    2022-06-10T09:57:00Z

    French sporting goods brand Decathlon announced at Outdoor Retailer in Denver that it will expand its distribution channels to include key brand partners to provide customers with greater access to its sporting goods offering. Decathlon’s products are available on decathlon.com and through a growing list of retail partners, including specialty ...

  • News briefs

    Protective signs central distribution contract with Intersport Germany, adds new sales reps

    2022-06-08T10:28:00Z

    The specialized bike and nordic skiing brand Protective just signed a central distribution contract with Intersport Germany after closing similar central distribution deals with Sport 2000 and ZEG, the cooperative of independent bike dealers, in 2021. The Intersport agreement was another step on the brand’s agenda to regain ground in ...

  • alpesthe_styleoutlets_1
    News briefs

    New Neinver outlet village in France in construction

    2022-06-01T13:48:00Z

    Neinver, a company specializing in the investment, development and management of real estate and the leading operator of outlet centers in Spain and Poland, announced the resumption of construction of its outlet village “Alpes The Style Outlets” near Geneva. When completed, this will be the 17th outlet center of the ...

  • foot-locker_416x416
    News briefs

    S&P affirms Foot Locker’s BB+ issuer credit rating

    2022-06-01T09:48:00Z

    Although the rating agency acknowledged that lower Nike sales would impact the retailer’s revenue and margins, S&P Global affirmed Foot Locker’s BB+ issuer credit rating with a stable outlook. S&P also sees volatile fashion cycles combined with long sourcing lead times due to ongoing supply chain challenges as a risk ...

  • Sport-2000-logo
    News briefs

    Sport 2000 Austria retailers voted ski rental partner of the year

    2022-05-31T08:43:00Z

    For the third year in a row, the Austrian Sport 2000 retailers were honored as the best ski rental points in Austria, according to a study by the Austrian society for consumer studies (ÖGVS). The survey assessed, amongst other things, the courtesy of the staff, the consultation, the quality of ...

  • Daniel Mühlbach, Footway
    News briefs

    Record loss for Footway in Q1

    2022-05-31T08:43:00Z

    After the company’s profit warning in March due to supply chain problems and decreased demand, the Swedish Footway Group has now published its Q1 financial report. The Ebit result landed at -71.2 million Swedish kronor (€-6.8m), compared to a loss of SEK -12.8 million in the first quarter of the ...