Retail insights from the sporting goods industry – Page 109

  • News briefs

    Adidas has launched a range in collaboration with Pokémon Company...

    2020-01-11T00:00:00Z

    Adidas has launched a range in collaboration with Pokémon Company for the new year, according to Hypebeast. The range comprises tracksuits, T-shirts, shorts and footwear for youth and adults, marked with graphics inspired by the visuals of the early Pokémon video games. Patterns of pixels are used to create colors, ...

  • Short stops

    Adidas Golf has signed up Daniel Berger to a multi-year...

    2020-01-11T00:00:00Z

    Adidas Golf has signed up Daniel Berger to a multi-year contract for apparel, footwear, headwear and other accessories

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    Article

    Another new chief executive for XXL

    2020-01-11T00:00:00Z

    After issuing yet another profit warning for the fourth quarter of 2019, the board of directors of XXL ASA announced earlier this week that it has appointed Pål Wibe as the new chief executive of the company, which is the largest sporting goods retailer in the Nordic countries.

  • XXL
    Article

    XXL issues another profit warning

    2020-01-11T00:00:00Z

    XXL issued a profit warning last week, citing particularly weak trading conditions in December and at Christmas. It said poor winter conditions in the big cities where it operates, combined with large price cuts from competitors, contributed to a sales drop of 12 percent on a comparable basis in the ...

  • Article

    Sports brands and retailers help fight Australian blaze

    2020-01-11T00:00:00Z

    Several companies in the sporting-goods industry are making donations to help rescue wildlife and help fight the great bushfires that have kept swaths of Australia ablaze since early September. They appear to be the worst fires on the continent since the mid-1970s. So far, they may have killed as many ...

  • News briefs

    Operating entirely within Spain, Sprinter has become the top banner...

    2020-01-11T00:00:00Z

    Operating entirely within Spain, Sprinter has become the top banner of the Iberian Sports Retail Group, a joint venture between JD Sprinter and Sport Zone that is now entering its third year of operation. Store totals per banner have changed significantly over this time. At present, however, the group counts ...

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    Article

    Russia’s Sportmaster buys the Danish chain by the same name

    2020-01-11T00:00:00Z

    Sport Danmark, the company that owns the Danish loss-making Sportmaster chain of sporting goods stores, was sold on Dec. 23 by Nordic Capital to a company in Singapore, Sportmaster Operations Pte., created by the Russian Sportmaster Group in 2012 to oversee its development in China and to conduct acquisitions in ...

  • Decathlon
    Article

    Decathlon Germany will open a third logistics center and its largest store

    2020-01-11T00:00:00Z

    After 16 new store openings in 2019, Decathlon Germany ended a very successful year with a total of 80 doors, compared with only 26 at the end of 2015. More or less until 2010, the French retailer had a tough time in the market, due in part to its disruptive ...

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    Article

    Sportmaster reportedly emerges in Uzbekistan

    2020-01-11T00:00:00Z

    The leading Russian sporting goods retailer is to open three stores in Uzbekistan, starting in March, in three of its shopping malls in Uzebistan’s capital city of Tashkent, said a local real estate operator, The Tower MMG. The new stores will occupy 1,100 to 1,270 square meters each.

  • Article

    Half of Spain’s snow sports retailers are gone, but...

    2020-01-11T00:00:00Z

    There is some general good news for Spain’s ski sector. Thanks to this past Christmas, the 2019/20 ski season is off to a strong start. The main ski lodges in Spain and Andorra have seen skiers’ numbers increase. The Aramón group had its second-best start ever, with 325,000 skiers, and ...

  • Short stops

    Adidas Golf is sponsoring two identical 18-year-old Danish twins, Rasmus...

    2019-12-24T00:00:00Z

    Adidas Golf is sponsoring two identical 18-year-old Danish twins, Rasmus and Nicolai Højgaard, who have won several trophies and who will wear the brand's golf apparel, footwear and accessories

  • News briefs

    Vans has opened a store at 214 Oxford Street in...

    2019-12-24T00:00:00Z

    Vans has opened a store at 214 Oxford Street in London, its largest European store. The 4,714-square-foot flagship store, in a space previously occupied by Miss Selfridges, offers a wide selection of footwear, clothing and accessories for men, women and kids, as well as Vans' surf and pro-skate ranges. The ...

  • News briefs

    The Adidas Group announced the completion of the second tranche...

    2019-12-24T00:00:00Z

    The Adidas Group announced the completion of the second tranche of a €3.0 billion share buyback program initiated in March 2018 and running through May 2021. It has purchased sofar €1.8 billion worth of its own stock and plans to buy up to €1.0 billion in 2020. In the second ...

  • News briefs

    Without confirming a report that the Adidas Group is phasing...

    2019-12-24T00:00:00Z

    Without confirming a report that the Adidas Group is phasing out 500 jobs in Europe, a spokesman said that it is adapting its organizational structures and processes to become more efficient, looking also for new talent for its digital business. All in all, he indicated, the European staff will remain ...

  • News briefs

    Adidas has reportedly promoted Jon Wexler, the current vice-president of...

    2019-12-24T00:00:00Z

    Adidas has reportedly promoted Jon Wexler, the current vice-president of global entertainment and influencer marketing, to general manager of the Yeezy business unit. For the last 13 years, Wexler has helped Adidas set up some of the brand's biggest collaborations with major music stars, including Kanye West and Pharrell Willliams.

  • News briefs

    Adidas Outdoor will launch next year the first apparel styles...

    2019-12-24T00:00:00Z

    Adidas Outdoor will launch next year the first apparel styles featuring Primaloft insulation made from recycled Parley Ocean plastic. They will be presented at the Ispo Munich and Outdoor Retailer shows next month. Adidas has already used the repurposed plastic from the organization in its footwear and apparel. Primaloft said ...

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    Article

    Decathlon relies on Alibaba for online sales in Russia

    2019-12-24T00:00:00Z

    Decathlon has begun to sell its products online in the country through the Tmall marketplace of AliExpress Russia, instead of using its own internet platform as in other countries.

  • News briefs

    Canada Goose has also opened its first store in Paris,...

    2019-12-24T00:00:00Z

    Canada Goose has also opened its first store in Paris, located at a prestigious location on rue Saint-Honoré, on the corner of rue Royale. Featuring art that depicts the cold landscapes of Canada, it is the first one that has a separate room for its children's collection. Like other Canada ...

  • News briefs

    Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel...

    2019-12-24T00:00:00Z

    Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel and accessories. The acquirer is Play Hard, a recent subsidiary of Crealize, described as a German “company creator” that “develops new business models and companies.” Zalando purchased Kickz as recently as 2017, intending to expand its position in streetwear, gaining ...

  • Short stops

    Arc'teryx is opening its first lifestyle store at the Metrotown...

    2019-12-24T00:00:00Z

    Arc'teryx is opening its first lifestyle store at the Metrotown Mall of Burnaby, British Columbia in Canada