Retail insights from the sporting goods industry – Page 116
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Article
New records for Alibaba’s Singles Day
The gross merchandise value (GMV) generated by Alibaba’s 11th Singles Day hit a record of 268.4 billion yuan renmimbi (€34.7bn-$38.3bn), eclipsing last year’s score by 26 percent, thanks in part to a longer pre-sales period, a larger assortment of discounted products, the extension of the festival to new markets outside ...
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Article
Nike stops with Amazon’s marketplace
A few days after the appointment of a new chief executive, John Donahoe, who previously ran eBay, the Swoosh announced that it will stop a pilot program, initiated in 2017, to sell selected products on the Amazon Retail marketplace. Nike justified the move with its “focus on elevating consumer experience ...
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News briefs
Intersport opened its biggest flagship store in Europe on Nov....
Intersport opened its biggest flagship store in Europe on Nov. 14 in Graz, Austria. The family business Tscherne, which manages 12 Intersport stores in Austria, invested €6 million, and construction began three months ago. The 7,500-square-meter store includes a 100-square-meter ski hut as well as a tree house and ice ...
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News briefs
Peloton, the U.S. fitness brand, has launched a pop-up store...
Peloton, the U.S. fitness brand, has launched a pop-up store concept with Sport Schuster, the big Munich-based sports retailer. Since Nov. 20, the fitness brand has been presenting new indoor bikes with fixed screens in Sport Schuster's store in the center of Munich. Peloton is producing training content for the ...
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Short stops
Munich, the Spanish brand of sneakers, has opened two stores...
Munich, the Spanish brand of sneakers, has opened two stores in Madrid – one at Las Rozas The Style Outlets and another at X-Madrid – raising its total points of sale overall to 19
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Short stops
Honma Golf, the Japanese golf brand, has opened its first...
Honma Golf, the Japanese golf brand, has opened its first European store in Paris' Boulevard Pereire, in the Porte Maillot district of the French capital city
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News briefs
Bringing its Genius project to Germany, Moncler opened a pop-up...
Bringing its Genius project to Germany, Moncler opened a pop-up store in Breuninger's main department store in Stuttgart on Nov. 7. Under this project, the Italian designer apparel and lifestyle brand will feature collaborations with various designers, such as Poldo, the dog couture brand, Craig Green, the British designer, and ...
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Article
China’s Topsports doesn’t disappoint with first results since IPO
After raising $1.01 billion in an initial public offering on the Hong Kong stock exchange last month, Topsports International Holdings, the sports retailing arm of Belle International, published strong results for the six months ended on Aug. 31. Sales rose by 12.4 percent as compared to the year-ago period to ...
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News briefs
CMDsport reports that the management of Deportes Cronos has spent...
CMDsport reports that the management of Deportes Cronos has spent the year strategizing to make up for a projected loss in revenue of about €4 million next year, when it will stop distributing Nike products to its associated retailers. The American sports giant has determined that from now on retailers ...
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News briefs
With three more stores due to open in Spain next...
With three more stores due to open in Spain next month, Courir will be meeting its goal of operating 15 stores in Spain before the year is out. It will have opened 11 during 2019. The 12th of these opened just a few days ago at the X-Madrid “anti-mall” in ...
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News briefs
Nike, the NFL and Fanatics have signed a new global...
Nike, the NFL and Fanatics have signed a new global partnership that extends Fanatics' exclusive consumer product licensing rights to manufacture and distribute all Nike NFL adult products worldwide. The new agreement is an upgrade to the deal they signed in 2018, which covered only the U.S.
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Article
Zalando is raising standards and fees
Zalando has taken a series of measures to make its delivery services more efficient, to increase revenues and profitability, and to reduce the environmental impact of its operations. One such measure is to terminate home pick-up for premium German customers who wish to return items. This service, which was part ...
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ArticleGood sales momentum for Foot Locker
Foot Locker reported a 5.7 percent increase in comparable store sales for the third quarter ended on Nov. 2, indicating an improvement from the previous quarters as the increase for the first nine months of the year was only 3.8 percent. However, the management predicts that the increase on a ...
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Short stops
J. Lindeberg has opened a new store in the Illum...
J. Lindeberg has opened a new store in the Illum shopping center of Copenhagen
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Article
Intersport’s internet platform widens its reach
After doing its own thing in the area of e-commerce, as the Intersport organizations in France and some other countries are still doing, Intersport Germany has decided to take part in the international development of Intersport 2.0, the omni-channel digitalization strategy of Intersport International Corporation (IIC).
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News briefs
Nike tops the 2019-2020 Omnichannel Leadership Report, an assessment of...
Nike tops the 2019-2020 Omnichannel Leadership Report, an assessment of how brands are operating in their omnichannel strategies, from digital to brick-and-mortar and customer experiences. The report, released by Newstore, took a critical look at more than 200 luxury, premium and lifestyle brands. Newstore's researchers acted as secret shoppers to ...
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News briefs
Sportmarken24, the online portal for independent retailers, has been cooperating...
Sportmarken24, the online portal for independent retailers, has been cooperating with About You, the online retailer and subsidiary of the Otto group, since October. Sportmarken24 was launched in February 2018 by Dominik Benner, a German shoe retailer and former member of ANWR's supervisory board who has been very successful with ...
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Short stops
On Oct. 26, Absolute Teamsport Rhein-Main opened a sixth store...
On Oct. 26, Absolute Teamsport Rhein-Main opened a sixth store under Sport 2000's new Absolute banner at the Main Park Center in Mainaschaff, Germany
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News briefs
According to CMDsport, JD Sports has now surpassed Foot Locker...
According to CMDsport, JD Sports has now surpassed Foot Locker to become Spain's number-one retailer of sneakers in total doors. Since early 2018, JD has increased its points of sale in Spain by 45 percent, from 40 to 58 stores. Eight of these have opened this year: in Valladolid, Algeciras, ...
