Retail insights from the sporting goods industry – Page 119
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Short stops
SportScheck is reopening its store in Hamburg on June 13...
SportScheck is reopening its store in Hamburg on June 13 after a major overhaul, introducing more multi-channel features
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News briefs
Salomon has opened its first fully-fledged mono-brand store in Spain,...
Salomon has opened its first fully-fledged mono-brand store in Spain, which measures 206 square meters on two floors. It is located in the very central Calle Fuencarral of Madrid. A second store is due to be opened in Barcelona in June, again at in a central location: the Rambla de ...
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Short stops
Intersport España is reportedly planning to finally enter the Portuguese...
Intersport España is reportedly planning to finally enter the Portuguese sports market, testing the waters initially with a web store
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Short stops
Sports Direct has reportedly sold its flagship store in Dublin's...
Sports Direct has reportedly sold its flagship store in Dublin's North Earl Street, in the city center, for about £17.3 million (€20.3m-$22.7m)
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News briefs
Decathlon will open its first pop-up store for second-hand products...
Decathlon will open its first pop-up store for second-hand products in Germany in June, covering 200 square meters next to its existing store in Magdeburg. The store will be tested in a pilot phase for three months to see whether customers accept the new store concept. The second-hand products that ...
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News briefs
Deporvillage, the Spanish sports e-tailer, has launched its own cycling...
Deporvillage, the Spanish sports e-tailer, has launched its own cycling brand and will be its exclusive vendor. It is called Finisseur – the term for a cyclist who performs his team's final sprint – and its slogan is “Never look back.” The brand consists of more than 50 technical items: ...
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Article
Zalando expands its customer reach
Zalando reported that the number of active customers increased by 14.1 percent year-on-year during the first quarter of 2019 to 27.2 million, with site visits rising by 29.5 percent to 924 million. The larger customer base placed more frequent orders than before. The number of orders per active customer grew ...
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News briefs
Europêche and Concept Pro Pêche, while maintaining their independence, have...
Europêche and Concept Pro Pêche, while maintaining their independence, have signed a cooperation agreement to increase their bargaining and purchasing power. The two French fishing-tackle retail chains, which have 195 stores between them, have announced in a letter to suppliers that they are pooling their resources and founding an Economic ...
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News briefs
Galeria Karstadt Kaufhof, the new holding company formed last year...
Galeria Karstadt Kaufhof, the new holding company formed last year from the merger of the Galeria Kaufhof and Karstadt department stores, aims to cooperate more closely with Amazon and Zalando in the future. Galeria Kaufhof has already been cooperating with Amazon since 2017. A new service will be launched in ...
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News briefs
Kobe Bryant has launched a new online store in China,...
Kobe Bryant has launched a new online store in China, the first outlet for Kobe Bryant-licensed products in the Chinese market. The flagship online store is called the “Kobe Official Enterprise Store” on Taobao and “Kobe Bryant 24” on WeChat. The products available through the store include mugs, sunglasses, sports ...
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Article
Asos is not doing as well as Zalando
Zalando saw its share price go up after already it announced that it expects to post a positive adjusted operating profit (Ebit) in the single-digit million range for the first quarter of this year, in contrast with market expectations of negative Ebit of €10 million. Meanwhile, its big British rival, ...
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News briefs
Decathlon has announced that it will join the new Cycling...
Decathlon has announced that it will join the new Cycling Market Data Service, launched by the Bicycle Association of Great Britain in January. The service, which is meant to provide the industry with detailed and up-to-date market data, is free for independent bike shops with a U.K. cycling turnover of ...
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Article
Adidas’ margins climb further, European sales lag behind
The Adidas Group continued to emphasize profit margins in the first quarter of 2018. Its net earnings from continuing operations went up by 16.5 percent to €631 million, and earnings per share actually leaped by 19 percent as the company continued its share buy-back program. Sales increased by only 6.1 ...
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Article
Adidas extends its contract with Real Madrid, paying dearly
Adidas and Real Madrid have agreed on a new contract that extends their partnership for eight more years, through June 2028. The parties have agreed not to disclose the value of the deal. According to various sources, it is worth between €100 million and €120 million a year, but Adidas ...
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News briefs
The Adidas Group has three new members on its supervisory...
The Adidas Group has three new members on its supervisory board. At the company's annual general meeting on May 9, Thomas Rabe, Bodo Uebber and Jing Ulrich were elected to the board. Rabe has been the chief executive of Bertelsmann since 2012, Uebber is financial director of Daimler and Ulrich ...
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Short stops
Adidas has opened a store in Paris' Boulevard Haussmann, its...
Adidas has opened a store in Paris' Boulevard Haussmann, its third in downtown Paris and its fifth in Paris metropolitan area
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Short stops
The fourth Absolute Teamsport store affiliated with Sport 2000 Germany...
The fourth Absolute Teamsport store affiliated with Sport 2000 Germany has opened in Münster, carrying mainly products by Adidas, Derbystar, Hummel, Jako, Nike and Puma
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News briefs
Polartec has launched its Ready to Roll program, offering premium...
Polartec has launched its Ready to Roll program, offering premium Polartec fabrics in stock and ready to ship. The program is meant to meet customers' demand for in-stock inventory without the standard production lead times. The announcement of the program will enable rapid order fulfilment in time for autumn/winter 2019 ...
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News briefs
Gore-Tex recently opened a pop-up store at a German shoe...
Gore-Tex recently opened a pop-up store at a German shoe retail store called Schuh Reindl. The pop-up store, covering 40 square meters, is located in Rosenheim. It's the company's first pop-up store in Germany. There, consumers can test sneakers, casual shoes, trekking shoes and running shoes made with Gore-Tex fabrics. ...
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News briefs
Foot Locker has opened its first Italian “power store” in...
Foot Locker has opened its first Italian “power store” in Milan, at 17 Corso Buenos Aires, a central shopping area. While selling a variety of sneakers and brands, the power store concept is designed to serve as a hub for local sneaker culture, music, art and sports. Customers can get ...
