Retail insights from the sporting goods industry – Page 120
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News briefs
Keller Sports, the German e-tailer of premium sporting goods, has...
Keller Sports, the German e-tailer of premium sporting goods, has won the German Innovation Award for two services: the Keller sMiles reward app and the Keller Premium Membership. The sMiles app can connect to any of several activity-tracking apps, such as Garmin ConnectTM, Nike Run Club, Google Fit, Apple Health ...
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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
NK Sport, the high-end sporting goods store in Stockholm, will...
NK Sport, the high-end sporting goods store in Stockholm, will reopen in September after a renovation of its 1,800-square-meter space. It hopes to offer current and new NK customers an inspiring, modern sporting goods environment that is closely linked to the fashion scene. What used to be a focus on ...
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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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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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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
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
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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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
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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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
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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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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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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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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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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News briefs
Sportmaster plans to open a flagship store of 1,540 square...
Sportmaster plans to open a flagship store of 1,540 square meters in the big Grozny Mall in the city of Grozny, the capital of the Chechen Republic. It will be one of the Russian sporting goods retailer's biggest stores and one of the biggest ones in the Caucasus region. The ...
