Retail insights from the sporting goods industry – Page 125
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News briefs
Decathlon is planning to open about 15 new stores in...
Decathlon is planning to open about 15 new stores in Germany this year at various locations including Fürth, Munich, Dortmund and Berlin. As previously reported, the number of its stores in the country grew in 2018 by 16 to a total of 65 units. The choice of the locations and ...
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News briefs
Intersport Austria is organizing its first-ever free-skiing day at 21...
Intersport Austria is organizing its first-ever free-skiing day at 21 Austrian ski resorts on Jan. 13. To motivate even more people to ski, the company is also giving away 10,000 ski-lift tickets on Jan. 7-11. Intersport Austria has also organized a kids' slope racing cup, with 17 ski races for ...
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News briefs
Adidas has announced the start of the second tranche of...
Adidas has announced the start of the second tranche of a multi-year share buyback program launched last March. The group plans to repurchase around €800 million worth of its own shares during 2019. It already spent last year €1 billion to buy back 5.1 million shares, corresponding to 2.5 percent ...
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News briefs
Adidas is reportedly planning to launch a signature shoe for...
Adidas is reportedly planning to launch a signature shoe for Donovan Mitchell. According to a report in SLCdunk.com, the shoe is set for launch in the third quarter of 2019. Mitchell, 22, plays for the Utah Jazz of the National Basketball Association (NBA). Prior to playing in the NBA, he ...
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News briefs
Adidas has announced an initiative to help remove barriers faced...
Adidas has announced an initiative to help remove barriers faced by girls and women in sports. The She Breaks Barriers initiative expands on the #creatorsunite conversation, launched by the brand in August 2018, and is meant to inspire and support the next generation of female athletes, creators and leaders. To ...
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News briefs
The International Olympic Committee (IOC) and Alibaba Group have announced...
The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on Tmall, China's largest business-to-consumer online retail platform, operated by Alibaba. The Olympic e-store will be initially available to Chinese consumers only, with plans to later create an e-commerce platform available globally. The ...
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News briefs
SportScheck, the leading German sporting goods retailer, appointed Axel Puhlmann...
SportScheck, the leading German sporting goods retailer, appointed Axel Puhlmann to the position of marketing director on Jan. 7. He succeeds Paul Stahala, who had held the position since September 2016 and joined Karstadt as marketing director in November of last year. Puhlmann began his career as a consultant for ...
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News briefs
Courir has opened its first store in the United Arab...
Courir has opened its first store in the United Arab Emirates, based on its new Wood concept, through its master franchisee for the Middle East, Al Mana. The new store is located close to a Go Sport store in Dubai's Mall of the Emirates. Courir, a French athletic footwear chain ...
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News briefs
Kaufland and Lidl, which are both part of the Schwarz...
Kaufland and Lidl, which are both part of the Schwarz Group, have come out with their own sports collections. While Lidl has launched a line of fitness clothing, Kaufland, a German supermarket chain, has launched its own private sports label of apparel and accessories for yoga, Pilates, running, swimming, inline ...
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News briefs
Vans has sued Primark, the British fast fashion retailer, in...
Vans has sued Primark, the British fast fashion retailer, in a federal U.S. court in Brooklyn, charging that it began selling copies of its Old Skool and SK8 Hi vulcanized shoes in the U.S. The hot American brand of sneakers says that Primark started selling those knockoffs in some ...
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Article
New owners, new team for flash-sale e-tailer
Born in 2010 and based in the Southern French city of Montpellier, Private Sport Shop (PSS) claims to have become the only leading destination in Europe for flash sales of discounted performance-oriented sports products, contributing the bulk of an online turnover that grew by about 20 percent to around €100 ...
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News briefs
The North Face has opened a lifestyle-oriented pilot store in...
The North Face has opened a lifestyle-oriented pilot store in the Williamsburg district of Brooklyn, New York, saying that it represents the next phase on the brand's retail offering, with a focus on a curated customer experience. Covering 4,000 square feet, it features higher-end collections that are more fashion-oriented.
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News briefs
Outdoor Retailer has announced that all three shows in 2019...
Outdoor Retailer has announced that all three shows in 2019 will only last three days. The Summer Market in June and the Winter Market in November will move from four days to three, while the Snow Show in January remains a three-day event. All three shows will take place at ...
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News briefs
Adidas has taken Rafinha to court in Amsterdam, according to...
Adidas has taken Rafinha to court in Amsterdam, according to The Mirror, demanding that the Barcelona midfielder should pay a penalty of €100,000 for each day that he doesn't wear Adidas shoes in the field and Adidas apparel at all media appearances. The 25-year-old Brazilian football player, whose real name ...
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Article
Global brands and retailers launch a new charter to collectively address climate change
A large group made up of global fashion brands, retailers, suppliers and other organizations is launching the Fashion Industry Charter for Climate Action, a collective initiative to address global environmental concerns, under the auspices of UN Climate Change. The group includes sports companies such as Adidas, Puma, Arc'teryx, Peak Performance, Salomon and ...
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News briefs
Adidas has announced the completion of the first tranche of...
Adidas has announced the completion of the first tranche of a share buyback program, saying that it will give a total return to shareholders of more than €1.5 billion in 2018. The company bought back 5.1 million shares, corresponding to 2.5 percent of its equity, between March 22 and Dec. ...
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News briefs
Adidas has appointed a new chief information officer, Fumbi Chima,...
Adidas has appointed a new chief information officer, Fumbi Chima, replacing Michael Vögele who has left the company at his own request. Reporting to Harm Ohlmeyer, chief financial officer, she will take responsibility for the IT department from Jan. 1. A native of Nigeria, Fumbi comes from the Fox Network ...
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News briefs
Adidas is partnering with Foot Locker to launch the new...
Adidas is partnering with Foot Locker to launch the new Adidas Asterisk Collective, a platform empowering creative partners to propose initiatives that aim to positively impact communities all over the world. To celebrate the launch, the two companies tapped three musicians – Kid Cudi, Raury and H.E.R. – as well ...
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News briefs
Adidas has entered into a “perpetual, legacy partnership” with Stan...
Adidas has entered into a “perpetual, legacy partnership” with Stan Smith, the two-time Grand Slam tennis champion whose career lasted from 1969 to 1985. Adidas first collaborated with Smith on a famous shoe style in 1973 and is now releasing an updated version, with leather upper, rubber cupsole and white ...
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News briefs
Decathlon is expanding rapidly in Africa. It opened last month...
Decathlon is expanding rapidly in Africa. It opened last month its first store in Kenya, covering 1,500 square meters in the Hub Mall of Nairobi. An outdoor playground enables customers to try out new products and to discover new sports activities. The store will be supplied from a distribution center ...
