Retail insights from the sporting goods industry – Page 126
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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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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 ...
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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
Puma and Blends, a California-based retailer of sneakers and apparel,...
Puma and Blends, a California-based retailer of sneakers and apparel, have collaborated on a new edition of the Cell Endura, a Puma sneaker originally sold in the 1990s. The upper is made of mesh and polyurethane-coated leather with metallic silver overlays and a color fade. The midsole has Puma's Cell ...
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News briefs
Bründl Sports, one of the major Austrian sports retailers, has...
Bründl Sports, one of the major Austrian sports retailers, has decided to stop working with Intersport Austria, starting next Sept. 1. It has already announced the divorce by removing the Intersport Bründl name from its website, after almost 50 years of collaboration. The reason for the separation is a desire ...
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News briefs
Blaming strong competition from online retailers, Himaraya reported a drop...
Blaming strong competition from online retailers, Himaraya reported a drop of 1.4 percent to 34.6 percent in its gross margin for the first quarter of its financial year, ended on Nov. 30. The Japanese retailer's net loss expanded to 195 million yen (€1.56m-$1.78m) from ¥48 million in the year-ago period. ...
