Retail insights from the sporting goods industry – Page 125
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News briefs
Karstadt Sports is ending its cooperation with Intersport, which was...
Karstadt Sports is ending its cooperation with Intersport, which was only established in January 2018. This step is a consequence of the merger of Karstadt and Kaufhof and a plan to convert some stores of the less successful outlet chain Saks Off 5th into additional sports stores. With the larger ...
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Article
Weak sales at a regional Russian sports retailer
In 2018, the Russian regional sporting goods retailer Champion closed one of its biggest stores in the country as the expectations about the future of the domestic market remained rather gloomy.In total, Champion operated 27 stores from Samara in the Volga federal district to Krasnoyarsk in Siberia at the end ...
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Short stops
Adidas is celebrating the 25th anniversary of its Predator football...
Adidas is celebrating the 25th anniversary of its Predator football boot with three limited-edition boots and a commercial featuring Zinedine Zidane and David Beckham
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Article
A record Ebit margin for Adidas
The Adidas Group reported last week a 20 percent increase in net income to €1,709 million from continuing operations for 2018. Excluding losses from discontinued operations – which, as a result of last year's divestiture of Rockport, declined last year to €5 million from €254 million the year before – ...
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News briefs
Adidas has named the candidates standing for election to its...
Adidas has named the candidates standing for election to its supervisory board at the annual general meeting on May 9, as Frank Appel, Katja Kraus and Willi Schwerdtle will not be standing for reelection. New on the board would be Jing Ulrich, managing director and vice chairman for Asia-Pacific at JPMorgan ...
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News briefs
Adidas has announced a multiyear partnership with Alex Bregman. The...
Adidas has announced a multiyear partnership with Alex Bregman. The baseball star from Albuquerque, New Mexico, who plays for the Houston Astros, will be featured in upcoming Adidas brand marketing campaigns. The player will also collaborate on the creation of future baseball products. Bregman made his debut in Major League ...
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News briefs
Adidas has announced in a tweet that its sponsored players...
Adidas has announced in a tweet that its sponsored players on the winning team in the upcoming 2019 Fifa Women's World Cup, starting in France on June 7, will get the same performance bonus as their male counterparts. The announcement was made just hours after it was revealed that the ...
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News briefs
Decathlon has confirmed its selection of the Bay Area for...
Decathlon has confirmed its selection of the Bay Area for its first major brick-and-mortar store in the U.S. There will be a three-day grand opening starting on Friday, April 12, at 3938 Horton Street in the East Bay Bridge shopping center in Emeryville, just outside Oakland, California. At 47,000 square ...
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Short stops
Fjällräven, the outdoor brand in Fenix' portfolio, will open two...
Fjällräven, the outdoor brand in Fenix' portfolio, will open two shops in France, one in Lyon, the other in Paris
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News briefs
A Swedish-based price comparison website, Prisjakt, recently held its Online...
A Swedish-based price comparison website, Prisjakt, recently held its Online Store of the Year 2018 competition, and over 120,000 users once again voted for Sportamore as the winner in the Sport category – in both Sweden and Finland. The Prisjakt awards have been handed out since 2010, when Sportamore received ...
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News briefs
Keller Sports, the German retailer for premium sports products, won...
Keller Sports, the German retailer for premium sports products, won the “Royal Class” award as the best online retailer in Germany from Internet World Business magazine. The new award recognizes a company's excellence as both a pure player and a multi-channel retailer. Keller was praised for a “perfect” product range ...
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Article
Good year for Norwegian sports retailers
According to the Norwegian sporting goods industry federation, Sportsbransjen, 2018 was a record year for country's major sporting goods chains with overall sales of 14.2 billion Norwegian Krone (€1.5bn-$1.7bn), a 3.4 percent increase from 2017. The total sporting goods market may have grown even faster if pure internet retailers are ...
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Article
Shankland will lead the Adidas Group’s operations
The 47-year-old Australian native, who has been with Adidas for 22 years, took the place of Gil Steyaert on the executive board of the Adidas Group at the beginning of this week to be charge of global operations. Steyart, a 56-year-old Frenchman who has been sitting on the board for ...
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News briefs
Jim Gatto, former head of basketball marketing for Adidas, was...
Jim Gatto, former head of basketball marketing for Adidas, was sentenced to nine months in prison by a New York court on charge of defrauding a number of NCAA college programs by paying promising athletes to attend their schools, making them ineligible to play. Two of his assistants, Merle Code ...
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News briefs
Adidas has signed multi-year sponsorships with two American football players...
Adidas has signed multi-year sponsorships with two American football players at the top-tier university level: Marquise “Hollywood” Brown of Oklahoma and Hakeem Butler of Iowa State. Both play the position of wide receiver. Butler recently debuted this year's Adizero 40 cleats and Adizero 8.0 cleats during on-field workouts and 40-yard dash trials in ...
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News briefs
Engelhorn, the big German sports and fashion retailer based in...
Engelhorn, the big German sports and fashion retailer based in Mannheim, has placed both parts of its business in the hands of Armin Weger, who had been running Engelhorn Sports since 2015. He is also taking over the functions of Oliver Beuthien, who is leaving the company after running the ...
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News briefs
Kant, the Russian sporting goods retailer and wholesaler, has become...
Kant, the Russian sporting goods retailer and wholesaler, has become the official distributor of Reusch in its country. The agreement, signed between the two companies during the 2019 Ispo Munich show, starts with orders for the autumn/winter 2019/20 collection. Kant plans to sell Reusch ski gloves throughout its own retail ...
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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 ...
