Retail insights from the sporting goods industry – Page 11
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News briefsNew UK activewear Seissesense arrives at retail
The collection is available exclusively online.
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C-Suite InterviewFESI VP on the most disruptive AI tool for the sporting goods sector
FESI’s Michael Nendwich on AI, virtual try-ons and why tourism is a key growth driver for Europe’s sporting goods industry.
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News briefsHilfiger closes a store after 15 years
The Stockholm store has been having financial difficulties.
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News briefsVeja opens up in Marseille
Veja is opening its first store – or cultural hub, as the company calls it – in Marseille’s Friche la Belle de Mai.
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News briefsSports Direct has been reported for misleading pricing practises
Sports Direct has been reported to the Competition and Markets Authority (CMA) over “misleading” pricing practices by Which?
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News briefsSGN Sport grows by another six stores
During the spring, six more stores have chosen to join the Swedish retail group, which is wholly owned and operated by dedicated entrepreneurs.
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News briefsGenesco reaffirms earnings guidance after better than expected Q1
In the three months ended May 3, Genesco’s sales rose by 4 percent from the previous year to $474.0 million.
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News briefsLululemon opens a first Turkish store
Lululemon enters the Turkish market, opening its first store in Istanbul.
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ArticleXXL nomination committee: change the whole board
There’s already a lot going on at the board level at XXL this week, with the company holding its annual general meeting on June 6.
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ArticleOnitsuka Tiger opens a store at London’s Covent Garden
It is the brand’s first Red Concept Store in Europe.
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News briefsDecathlon Spain’s big summer plans
The retailer plans to hire up to 650 people this summer.
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News briefsLidl launches international campaign for its sports brand Crivit
The new campaign also marks the start of Crivit’s independent brand identity.
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ArticleXXL and Stadium could face millions in fines on price fraud
Ten companies have once again misled consumers with their pricing, according to the Swedish Consumer Ombudsman. If no improvement is made, the Swedish chains risk heavy fines.
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News briefsNike prices will rise 10% on June 1 in the US
Due to tariffs, Nike clothing and equipment will cost between $2 and $10 more.
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News briefsGymshark launches its first loyalty scheme
Customers can unlock benefits and rewards by either shopping or working out using the retailer’s app.
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News briefsNike eats humble pie as the brand returns to Amazon after six years
According to several media reports, Nike’s products will once again be sold on Amazon’s platform following a five-year hiatus.
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ArticleJD Sports warns over US tariffs as Q1 sales, FY profits fall
Revenue rose 8.7 percent to £11.45 billion (€13.5bn). Gross margin fell 20 basis points to 47.8 percent reflecting the acquisitions.
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News briefsHugo Boss has nominated Michael Murray to its supervisory board
Frasers Group CEO Michael Murray joins Hugo Boss supervisory board.
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News briefsDecathlon renovating stores in Spain
Decathlon is investing €38 million in the renovation of more than 70 stores in Spain. The company describes the investment as aligning with the global strategy it adopted last year, with its change in the company image, elevation of the customer experience, digital transformation and renewed commitment to circularity and ...