Retail insights from the sporting goods industry – Page 13
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News briefsSian Keane joins Gymshark as CPO
The new Chief People Officer joins from Farfetch, where she most recently held the same role.
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ArticleFoot Locker customer prioritizes discretionary spending on footwear
Foot Locker stays on course despite economic challenges, focusing on its loyalty program, expanded brand portfolio, and upcoming mobile app launch.
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News briefsKlarna increases payment flexibility with new features
The Swedish payment provider introduces new savings opportunities and rewards for loyal customers.
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News briefsGymshark opens its third store in the world’s largest mall
Gymshark’s latest store will be located on the first floor of the Dubai Mall.
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News briefsBillabong opens new store in Patagonia
It’s situated in the scenic town of San Martin de Los Andes.
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ArticleNorway’s largest sports retail chains recorded a 3.8% decline in sales in Q2
The reasons, according to the Norwegian Sports Industry Association, were a combination of the aftermath of the pandemic, increased costs and psychological factors.
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News briefsBreuninger reportedly for sale
The iconic German department store chain is reportedly up for sale as part of a potential strategic shift in ownership.
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ArticleDesport returns Decathlon goods to Russian store shelves
The Russian company has reintroduced Decathlon products after rebuilding supply chains, maintaining competitive pricing and expanding its own brands.
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News briefsPacSun appoints new CFO to drive growth
The US retail clothing brand named Jimmy Buenrostro as new CFO, aiming to leverage his extensive retail finance experience to enhance strategic growth initiatives.
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ArticleIntersport Sweden CEO on new ownership: ‘We are profitable, taking market share, and have a good plan’
With a new ownership group comprising 110 people after private equity firm Adelis sold Interport Sweden, the company’s CEO is confident that the chain will go into the future with renewed energy.
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ArticleFoot Locker to close or relocate stores due to declining results in Q2
With an operating loss of $9m in Q2, the chain plans to close or relocate stores. This includes the closure of all stores in Sweden, Norway, Denmark and South Korea and the discontinuation of e-commerce.
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News briefsFrasers Group expands into Australia and New Zealand
The expansion follows the acquisition of a significant stake in the Accent Group.
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News briefsOn opens first Italian flagship
After accelerating in Q2, the Swiss brand is also expanding its retail footprint.
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News briefsSport 2000 partners with Running Industry Alliance
Sport 2000 will support RIA’s retail and brand members with learnings from international markets.
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News briefsJD Sports maintains Ebit guidance but cites volatile environment
The UK-based group maintains its annual profit outlook amid global volatility, reporting solid Q2 growth driven by strong European, North American and Asia-Pacific sales.
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News briefsTechnoSport expands footprint with 15 new stores across South India
The Indian activewear brand aims to solidify its position in the competitive activewear segment.
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News briefsStockX resale report: Asics soars 589% in 2024 as sneaker resale market evolves
While traditional powerhouses like Nike and Jordan have experienced a decline, challenger brand Asics has seen almost 600% growth in resale.
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ArticleDecathlon invests €100m to expand presence in India
The retailer wants to deepen its roots in the fast-growing Indian market and plans to expand its physical and digital presence accordingly.
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ArticlePremiere for XXL’s new concept as chain opens new department store
According to the company’s new concept, the concept means a more modern and efficient shopping experience.
