Retail insights from the sporting goods industry – Page 130
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News briefs
Adidas has filed suit in South Florida District Court against...
Adidas has filed suit in South Florida District Court against a further 200 websites for the sale of counterfeit Yeezy, Adidas and Reebok shoes. It is seeking the seizure of their domains, the scrubbing of their URLs from search engines and $2 million in statutory damages per defendant.
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News briefs
Adidas is said to be close to signing a record-breaking...
Adidas is said to be close to signing a record-breaking €1.1 billion sponsorship contract with the Real Madrid club for the next ten years. The deal would guarantee a minimum of €110 million per year, up strongly from the current fee of €38.7 million and way above the €85 million ...
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News briefs
Zalando appointed two new vice presidents this month. Sara Diez,...
Zalando appointed two new vice presidents this month. Sara Diez, previously working as senior buying director for Europe and the Middle East at Nike, became vice president for Zalando's product line for woman. Diez succeeds Dalbir Bains, who left Zalando after four years. Before her career at Nike, Diez worked ...
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Short stops
Champion has opened its first store in Boston, which will...
Champion has opened its first store in Boston, which will be its fourth one in the U.S.
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News briefs
The Brazilian e-tailer Netshoes has reported a net loss of...
The Brazilian e-tailer Netshoes has reported a net loss of 136.4 million Brazilian reais (€31.9m-$36.5m) for the third quarter of this year, roughly triple the net loss reported a year ago. Sales for the period were down 3 percent to R$ 417.8 million (€97.8m-$111.7m), while the gross margin shrank fourfold ...
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News briefs
Rapha has set up a partnership with Wiggle, the British...
Rapha has set up a partnership with Wiggle, the British online and offline cycling retailer that has since merged with Chain Reaction Cycles. Certain items from Rapha's Core, Classic and Pro Team collections already appear on the Wiggle website. The partnership's stated purpose is to eliminate redundancies at Rapha's London ...
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News briefs
Sportamore is launching a new business model and technical platform,...
Sportamore is launching a new business model and technical platform, involving Adidas as its first strategic partner. The idea behind the Swedish online sports retailer's new platform is to enable suppliers to sell and deliver goods directly from their own warehouse to consumers via Sportamore's customer interface, starting with a ...
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News briefs
Deportes Sevilla, an important regional sporting goods retail chain, has...
Deportes Sevilla, an important regional sporting goods retail chain, has joined Base Detall Sport, the Spanish buying group that recently joined Sport 2000 International. As CMD Sport reports, the deal bolsters Base's presence in Andalusia and establishes it for the first time in the autonomous community's capital, Seville. Founded in ...
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News briefs
Nike has inaugurated its flagship store in New York City,...
Nike has inaugurated its flagship store in New York City, dubbed as “House of Innovation 000.” The six-level space, including a below-street-level floor, covers around 68,000 square feet on the corner of Fifth Avenue and 52nd Street. The store has been designed to offer services that are highly customizable and effortlessly ...
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Article
The weather impacts Zalando
Zalando's management blamed the protracted hot summer weather for a slowdown in its growth to a rate of 11.7 percent during the third quarter. It added that it will do its best to return to its longer-term target of annual sales growth of 20-25 percent during the fourth quarter, but ...
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News briefs
In December Sneakersnstuff is opening a 3,450-square-foot store in Los...
In December Sneakersnstuff is opening a 3,450-square-foot store in Los Angeles, in close proximity to Venice Beach. The store will be designed by Jenny Askenfors of Bofink Design Studio, Sneakersnstuff's official design partner. According to reports by Footwear News, the company's co-founder, Erik Fagerlind, has said the next cities in ...
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News briefs
Adidas has opened a new event center and staff restaurant...
Adidas has opened a new event center and staff restaurant at its headquarters in Herzogenaurach. The new building, encompassing 14,000 square meters, is called Halftime. By April 2019, Adidas will also open a new building with workplaces for 2,000 employees, a new car park, meeting spaces and areas for sports ...
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News briefs
Adidas has appointed a new general counsel, Jan Heinemann, who...
Adidas has appointed a new general counsel, Jan Heinemann, who will report to Kasper Rorsted, the company's chief executive. The previous general counsel, Frank Dassler, left the company earlier this year, and Paul Ehrlich had stepped in on an interim basis. Ehrlich will resume his post as general counsel for ...
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News briefs
Adidas has announced a voluntary recall of kids' swimwear products...
Adidas has announced a voluntary recall of kids' swimwear products of the Infinitex 3-Stripe range. The recalled swimwear products were sold as part of the 2017 and 2018 collections in both youth and adult sizes through adidas.com, Adidas retail stores and at authorized Adidas dealers globally. The Adidas 3-stripes trademark ...
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News briefs
Reports indicate that Adidas is going to again become the...
Reports indicate that Adidas is going to again become the sponsor of the Arsenal football club in the U.K. for the next five years, taking the place of Puma at the end of the current five-year contract. Adidas had been Arsenal's sponsors until 1993. As for Puma, the brand is ...
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Short stops
Adidas has extended its eight-year-old sponsorship contract with the French...
Adidas has extended its eight-year-old sponsorship contract with the French Olympique Lyonnais football club until 2025
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Short stops
Adidas has a signed a sponsorship deal with the Real...
Adidas has a signed a sponsorship deal with the Real Kashmir football club, which plays in India's first division
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News briefs
Aiming for a major expansion in the U.K., Decathlon has...
Aiming for a major expansion in the U.K., Decathlon has embarked on its second automation project with Omnia Retail, a Dutch-based company whose software provides dynamic pricing and helps execute online marketing. Dating back to 2016, the initial project developed with Omnia had reportedly increased conversion rates by 80 percent ...
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News briefs
Snowleader, the French omni-channel retailer based in Annecy, has partnered...
Snowleader, the French omni-channel retailer based in Annecy, has partnered with a publisher, Nivéales, to produce a magazine on mountaineering. The 52-page magazine will be packed in with all the information of Snowleader's offerings online and be available free of charge at its brick-and-mortar stores. The initiative aims to inspire ...
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News briefs
Tradeinn has been awarded Spain's Ecommerce Awards as the Best...
Tradeinn has been awarded Spain's Ecommerce Awards as the Best Digital Company in the country. The awards, which reached their ninth edition this year, saw the participation of more than 150 companies. The sporting goods e-tailer was honored as Spain's Best Webshop Crossborder. Tradeinn posted revenues of €120 million in ...
