Retail insights from the sporting goods industry – Page 116
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News briefs
Mammut has opened its first concept store in cooperation with...
Mammut has opened its first concept store in cooperation with a franchisee in the Swiss town of Andermatt. It is described as a “Point of Experience” rather than a point of sale. Together with bike and ski rental services offered by the franchisee, Imholz Sport, it hosts the first example ...
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News briefs
Norrøna will open a flagship store in the SoHo district...
Norrøna will open a flagship store in the SoHo district of New York City this autumn. It will be its second store in the U.S., following the inauguration of its concept store in Boulder, Colorado, in May. The new store will feature the Norwegian brand's full assortment of technical outerwear, ...
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Short stops
The Scott Sports Group has opened the fourth Dolomite store...
The Scott Sports Group has opened the fourth Dolomite store in Italy, located in the Franciacorta Outlet Village near Brescia
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News briefs
JD Sports will be opening next year its first store...
JD Sports will be opening next year its first store in downtown Paris, following several openings in France, including in the Parisian suburbs. According to reports by sport-guide.com, the new store will be in the 2,200-square-meter space formerly occupied by H&M at 118-120 rue de Rivoli, right across from Foot ...
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News briefs
Salomon plans to open its first full-fledged mono-brand store in...
Salomon plans to open its first full-fledged mono-brand store in Germany, measuring 200 square meters, on Nov. 8. It will be located in the very central Sendlinger Strasse of Munich, very close to the local store of The North Face. Salomon will offer apparel and shoes for men and women ...
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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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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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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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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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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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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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News briefs
21run, the German-based online store specializing in running, has been...
21run, the German-based online store specializing in running, has been acquired by All4Sports, the Dutch online retailer that owns various online stores, including the All4Running online store. 21sportsgroup, a major German online retailer with European ambitions, said in January that it will phase out one of its online stores, 21run, ...
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News briefs
Intersport reports that it has completed about three million transactions,...
Intersport reports that it has completed about three million transactions, with a total value of €20 million, since the introduction of its digital voucher system in Germany in 2016. The uniform digital voucher system was introduced together with Epay, a full-service provider for vouchers and prepaid solutions as well as ...
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News briefs
Adidas has come up with a new video ad, titled...
Adidas has come up with a new video ad, titled “The Deal,” for its FW19 football boot pack. In the video, Paul Pogba, Leo Messi, Mesut Ozil and 18 other players speak in close-up directly into the camera and lay out the terms of the deal – the way in which ...
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Short stops
Mark King, a former president of Adidas North America who...
Mark King, a former president of Adidas North America who is now 60 years old, has been made chief executive of Taco Bell, one of the American fast-food chains owned by Yum! Brands
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News briefs
Adidas is going to replace Nike as the sponsor of...
Adidas is going to replace Nike as the sponsor of the Boca Juniors football club in Argentina, reportedly paying $100 million over the next ten years. It will also pay additional bonuses for victories and royalties on the sale of jerseys. Adidas is also the sponsor of a rival Argentinian ...
