Retail insights from the sporting goods industry – Page 124
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News briefs
Fanatics has struck a deal to become the exclusive supplier...
Fanatics has struck a deal to become the exclusive supplier of licensed sports merchandise on Coupang, the South Korean internet marketplace. The deal takes effect this summer for a term of ten years. South Korea is definitely among the world's top ten e-commerce markets, well behind China and the U.S. ...
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News briefs
Sportamore, the largest online sporting goods retailer in the Nordic...
Sportamore, the largest online sporting goods retailer in the Nordic countries, is preparing to enter new markets, with the first stop being France in the autumn of 2019. According to Sportfack, Sportamore has been working strategically over the past two years to build a scalable infrastructure with a high degree ...
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Article
Zalando regains momentum
Heavy investments in software, new systems and new distribution centers contributed to a decline in the operating margin to 3.2 percent last year from 4.8 percent, but the management expressed confidence that the margin will reach 13 percent sooner or later. It has set out an ambitious goal for the ...
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News briefs
Skechers reports the opening of its 3,000th store. With a...
Skechers reports the opening of its 3,000th store. With a surface of 3,000 square meters, it is its largest mono-brand store in the world. It is located in the Chinese city of Shenyang. The store has an entertainment area for children and a large assortment of branded clothing to complement ...
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News briefs
Less than a year after closing its store in Reutlingen,...
Less than a year after closing its store in Reutlingen, SportScheck is also ceasing operation at its shop in the northern German town of Braunschweig. The 2,700-square-meter store will be shut down on March 23 after seven years of operation, the company said. Like other retailers, SportScheck is having to ...
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News briefs
Rossignol has already opened its own stores in select ski...
Rossignol has already opened its own stores in select ski resorts as well as in Lyon, Paris, Oslo and, most recently, Aspen. The management told us that it is looking to open more locations in Europe and the U.S. as well as the first four Rossignol stores in China by ...
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News briefs
Puma and Zalando are intensifying their cooperation. The sportswear company's...
Puma and Zalando are intensifying their cooperation. The sportswear company's new women's training collection will be exclusively available at Zalando in the coming two weeks. From the beginning of March, Puma will then also be selling the line in its own stores and its online shop. The collection includes tops, ...
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News briefs
11teamsports, the German multi-channel retailer, is expanding its network of...
11teamsports, the German multi-channel retailer, is expanding its network of stores. On Feb. 1, at the C23 shopping center, 11teamsports opened its first store in Vienna, which is its sixth in Austria. The store, which covers 330 square meters, offers a wide selection of soccer shirts, soccer shoes and equipment for ...
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News briefs
At the Outdoor Retailer Snow Show, running from Jan. 30...
At the Outdoor Retailer Snow Show, running from Jan. 30 to Feb. 1 in Denver, the Outdoor Industry Association (OIA), Snowsports Industries America (SIA) and the National Ski Areas Association (NSAA) announced that they were forming the Outdoor Business Climate Partnership. This is the first broad coalition of trade groups ...
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Article
Sportmaster wins over Adidas, launches its sixth chain
Sportmaster has reinforced its dominant market position in Russia, announcing that it will once again start offering products under the Adidas brand from the autumn/winter 2019/20 season, after many years of separation.Sportmaster considers itself as a strategic partner of Nike, and it also offers brands like Puma and Asics. However, ...
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Article
China slowdown weighs on Alibaba’s sales
Alibaba Group Holding's revenues for its third fiscal quarter, ended on Dec. 31, grew at their weakest pace in four years, weighed by a slowing Chinese economy, which is being attributed to the ongoing trade war with the U.S.The Chinese e-tailer's sales increased by 41 percent from the year-ago quarter ...
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Article
Amazon launches pop-up stores in Europe
What is happening to the big e-tailers? After the recent profit warnings of Asos and Zalando, the two biggest sharks in the pond, Alibaba and Amazon, have just put out discouraging figures. Both companies, which operate big marketplaces for sporting goods and many other products in their respective territories, have ...
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News briefs
Atmósfera Sport, the Spanish buying group, will be launching an...
Atmósfera Sport, the Spanish buying group, will be launching an e-tail site – specifically for its sports-apparel division, Atmósfera Black – on Feb. 18. The initiative, representing an investment of more than €100,000, will be managed directly from the buying group's headquarters. The attendant staff has been expanded accordingly. For ...
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News briefs
Mammut is collaborating with Braun Hamburg, a German retailer of...
Mammut is collaborating with Braun Hamburg, a German retailer of luxury brands like Bottega Veneta, Moncler, Maison Margiela and Santoni. Braun is now managed by a third generation of the Braun family in the person of Lars Braun. It runs two stores in Hamburg, which opened in 1933 and 1976, ...
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News briefs
Nike has opened its first city-inspired SNKRS pop-up shop at...
Nike has opened its first city-inspired SNKRS pop-up shop at 711 10th Street NW in Atlanta. From Jan. 26 to the end of March, the shop will have a rotating selection of limited-edition styles – such the Ten collection and Air Force 1 drops – chosen specifically for Atlanta. Hoodies ...
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News briefs
Stadium, the Swedish sporting goods retailer, has decided to close...
Stadium, the Swedish sporting goods retailer, has decided to close the Stadium Pulse concept store that it opened only recently at the Mall of Scandinavia, located just outside of Stockholm. The store is now heavily discounting its stock. The reasons given for the phaseout are that the new concept simply ...
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Short stops
Spanish sporting goods retailers achieved a growth of 5.4% in...
Spanish sporting goods retailers achieved a growth of 5.4% in their sales in 2018 according to an estimate by DBK, a Spanish consultancy
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Article
Adidas launches its new Parisian platform for start-ups
Adidas has announced the launch of “Platform A,” its new sports accelerator program, located at the Paris-based start-up campus Station F. The company said it is investing €1 million in the development of the initiative. Platform A brings together 13 start-ups that have been selected to work with Adidas on ...
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Article
Adidas and Foot Locker call on consumers to design shoes
Adidas and Foot Locker are collaborating on a go-to-market plan that allows consumers to help create footwear with a local flavor. The plan takes inspiration from three themes: speed, cities and the open-source ideal of the computing world, where the raw code is public, free and open to changes by ...
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News briefs
Adidas is doubling the number of sneakers it makes from...
Adidas is doubling the number of sneakers it makes from ocean plastic this year, expecting to turn out 11 million pairs in cooperation with Parley for the Oceans. Adidas projected sales of about five million pairs of such Parley shoes in 2018, up from one million in 2017. The sporting goods ...
