Retail insights from the sporting goods industry – Page 115
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News briefs
Although it already sponsors a few e-sports teams, Adidas has...
Although it already sponsors a few e-sports teams, Adidas has signed its first sponsorship deal with an individual e-sports athlete: Tyler Blevins, better known as Ninja. Blevins is a professional gamer and gaming streamer who raised eyebrows in the videogame world at the start of August by switching his streaming ...
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News briefs
As part of Adidas' “She Breaks Barriers” initiative, Stadium will...
As part of Adidas' “She Breaks Barriers” initiative, Stadium will be broadcasting the stories of struggle and success of a roster of star female athletes. Stadium is a 24/7 multi-platform sports network, featuring exclusive live and on-demand games and events. The special two-part broadcast, which began on Aug. 26, is ...
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News briefs
Sales in the U.K. cycling market have dropped by 4.8...
Sales in the U.K. cycling market have dropped by 4.8 percent in volume in the first half of 2019 as compared to the first half of 2018. Meanwhile, value sales are only down by 0.5 percent. The figures are included in the first U.K. cycling market data service by Sports ...
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Short stops
Salomon will open its first German store in Munich in...
Salomon will open its first German store in Munich in November, not far from the local mono-brand store of The North Face
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Article
Zalando is pushing Connected Retail
Zalando made a big pitch for its marketplace at the Ispo Digitize Summit in Munich last month, pointing out that it can help suppliers and retailers of sports and fashion products in many ways. As previously reported, it wants it to contribute to 40 percent of its gross merchandising value ...
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News briefs
Decathlon is certainly going strong in Germany, where the number...
Decathlon is certainly going strong in Germany, where the number of its stores had reached a total of 70 prior to the opening of its third and biggest one in Munich on Aug. 8, the sixth one to have been opened in the country since the beginning of this year. ...
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News briefs
Arc'teryx has opened a new store in Sapporo, the capital...
Arc'teryx has opened a new store in Sapporo, the capital of Japan's Hokkaido prefecture. The 425-square-meter floor surface of the store makes it the brand's largest in Japan.
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Article
Adidas and Sportmaster join forces on the Russian market
Confirming our previous report on the subject, Adidas and the biggest Russian sports retailer announced that they had signed a new partnership agreement in a joint statement on July 23. For many years, Adidas had refused to sell it products to Sportmaster, focusing instead on its own large network of ...
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News briefs
The former chief executive officer of the Adidas Group, Herbert...
The former chief executive officer of the Adidas Group, Herbert Hainer, will replace Uli Hoeness as chairman of the supervisory board of the FC Bayern Munich, the company controlling the homonymous football club, according to the business monthly Manager Magazin. Hainer, a passionate supporter of the team, in which Adidas ...
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Short stops
The supervisory board of the Adidas Group has extended the...
The supervisory board of the Adidas Group has extended the contracts of Karen Parker, the executive board member responsible for human relations, and Harm Ohlmeyer, chief financial officer, for five years to 2025
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News briefs
Skechers and Adidas have reached a settlement in their dispute...
Skechers and Adidas have reached a settlement in their dispute over footwear stripes. A filing by Skechers on July 29 at the U.S. District Court for the Central District of California asked for the dismissal without prejudice of a lawsuit brought by Adidas, which had claimed that Skechers' Goldie-Peaks shoe infringed its Three Stripes ...
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News briefs
Adidas is reportedly considering putting a deposit on sports shoes...
Adidas is reportedly considering putting a deposit on sports shoes – as in Germany's “Pfandsystem” (Pfand means “deposit”) – similar to what is often done with plastic and glass bottles. According to reports in sportstextiles.com, the brand is exploring charging a returnable deposit of €10 on a pair of shoes ...
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Article
Adidas maintains its guidance but warns about a global crisis
Commenting on the Adidas Group's latest results just after a much-criticized, temporary drop in the value of the yuan renmimbi, the company's chief executive, Kasper Rorsted, warned last Thursday that “everybody will lose” if the trade dispute between the U.S. and China escalates into a currency war, as it will ...
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News briefs
Nike has re-opened its store in Tokyo's Harajuku neighborhood, at...
Nike has re-opened its store in Tokyo's Harajuku neighborhood, at 1 Chome-13-12 Jingumae, Shibuya City. The refurbished location features enhanced services, including a dedicated Nike Women's floor. Additionally, customers can now reserve and scan products and benefit from instant checkout, among other new services, all through Nike App at Retail, ...
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News briefs
StockX, the e-commerce platform focusing on the sneaker resale market,...
StockX, the e-commerce platform focusing on the sneaker resale market, is launching an Italian version of its app and website. StockX was founded in Detroit in 2016, and made its European debut in October 2018.
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News briefs
Garmin has opened a new directly operated store at a...
Garmin has opened a new directly operated store at a shopping center in Madrid called Plaza Norte 2. It's the brand's second store in Spain, after the one it opened in Barcelona last September.
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News briefs
Fanatics has signed a long-term partnership deal with the Union...
Fanatics has signed a long-term partnership deal with the Union of European Football Associations (Uefa) that will see the company handle the merchandising and official fan shop for the events of Uefa's national teams. The deal is set to cover the Euro 2020 tournament, the Nations League Finals, the European ...
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Article
Zalando improves, Asos does not
Zalando, a fashion-oriented retailer that is making a big push into the sports apparel and footwear market with its marketplace, reported a 20.1 percent increase in revenues to €1,597.3 million for the second quarter of this year. Including its marketplace, the gross merchandise volume (GMV) rose by 23.7 percent to ...
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News briefs
Decathlon has announced plans to open a second brick-and-mortar store...
Decathlon has announced plans to open a second brick-and-mortar store in the San Francisco area. It will be located in the Potrero Center shopping mall, at the corner of 16th Street and Bryant Street. The new 38,370-square-foot store, which is scheduled to open in November, will feature a large community ...
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News briefs
Fratelli Campagnolo has announced the opening of its first CMP...
Fratelli Campagnolo has announced the opening of its first CMP stores outside Italy, after the inauguration in April of its 20th Italian store in Florence. The first one was inaugurated in a pedestrian area of Salzburg, Austria, a few weeks ago, followed by one in Chamonix, France, which replaced a ...