Retail insights from the sporting goods industry – Page 134
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News briefs
Burton Snowboards has opened its first store in Munich, calling...
Burton Snowboards has opened its first store in Munich, calling it a “hub” because it also serves as an office and showroom, hosting the German country manager, Benjamin Schwarz, and his team. It is located near many other sports stores at Frauenstrasse, 10.
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Dynafit has opened a store in Seoul through its local...
Dynafit has opened a store in Seoul through its local distributor, K2 (unrelated to the American brand by the same name)
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JD Sports Fashion is raising the surface of its store...
JD Sports Fashion is raising the surface of its store in the Bluewater shopping mall near London from 9,544 to 18,966 square feet. Digitalization is the big buzzword in retailing right now, but as Fashionmagazine.com has noted, Peter Cowgill, executive chairman of the U.K.-based retail group, made an interesting statement ...
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Uniqlo will be opening its first Italian store in Milan...
Uniqlo will be opening its first Italian store in Milan in April 2019. The store will be located in Piazza Cordusio, just a few steps from Milan's Duomo, and will reportedly have a sales area of around 2,500 square meters on three floors. The Japanese brand, better known for its ...
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News briefs
XXL has introduced the Klarna in-store payment system, a service...
XXL has introduced the Klarna in-store payment system, a service that gives customers the opportunity to split their payment into instalments, postpone it or pay all at once, all by telephone. The new payment system will be rolled out in all of XXL's 77 stores in the Nordic countries during ...
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News briefs
Lululemon will be opening a new store at the Royal...
Lululemon will be opening a new store at the Royal Exchange shopping mall in Manchester this autumn. The Canadian brand and retailer, specializing in technical clothes for yoga and running, already has a small showroom on the nearby Saint Anns Place, where it hosts sports events for runners. Also in ...
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News briefs
Adidas placed a series of equity-neutral convertible bonds worth a...
Adidas placed a series of equity-neutral convertible bonds worth a total of €500 million on Sept. 5. The transaction was 2.7 times oversubscribed. The convertible bonds mature in five years with a coupon of 0.05 percent. The issue price was set at 104 percent of the nominal value of €200,000 ...
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News briefs
The change in European leadership reported at the Adidas Group...
The change in European leadership reported at the Adidas Group last month has revealed several other changes, particularly the appointment of Markus Baumann as senior vice president in charge of global product operations for Adidas. Baumann has already been with the Adidas group for eleven years, the last three of ...
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News briefs
The Adidas Group has appointed Mediacom, which is part of...
The Adidas Group has appointed Mediacom, which is part of the WPP group, for its global media business from September. The two hubs for the global business will be London for Adidas and New York City for Reebok, with Mediacom staff also positioned around key focus locations for the brands ...
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Adidas has announced the early renewal of its long-standing partnership...
Adidas has announced the early renewal of its long-standing partnership with the German Football Association (DFB) to 2026. The move was described as a demonstration of trust in the German football team, despite its defeat in the recent World Cup, and as a sign of support for the promotion of ...
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News briefs
Adidas has launched the Tango app for the football community,...
Adidas has launched the Tango app for the football community, and as a rallying point for participants in the Tango League, a grassroots football competition. The group said that the app became available on Sept. 3 in the U.S., the U.K., Germany, France and Spain, to help football enthusiasts ...
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After operating a temporary store at Dover Street Market since...
After operating a temporary store at Dover Street Market since January, Stüssy has opened a full-fledged, permanent store in the Soho district of the British capital, adding to its other European locations in Madrid, Milan and Amsterdam
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Article
Alibaba grows fast, earning less, and expands in Russia
Alibaba Group Holding continued to grow fast in the first fiscal quarter ended June 30, but its gross margin fell to 11.0 percent from 29.2 percent in the year-ago period, the lowest level since the leading Chinese e-commerce operator went public in 2014.Due also to extraordinary charges and high investments ...
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News briefs
Fanatics, the American team sports retailer that is expanding internationally,...
Fanatics, the American team sports retailer that is expanding internationally, has signed a partnership with Chelsea FC to become the official global online retailer of the English Premier League club. Chelsea had been using a network of regional online stores operated by local distributors.
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News briefs
The third edition of the Bread & Butter by Zalando...
The third edition of the Bread & Butter by Zalando fashion festival in Berlin registered 35,000 visitors, 16 percent more than in the previous year. It ran from Aug. 31 to Sept. 2, and the marketing event organized by the online retailer was apparently sold out every day. The festival ...
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News briefs
In the long term, the ANWR Group sees a total...
In the long term, the ANWR Group sees a total of up to 600 shoe retailers in Germany installing its “sneaker wall,” which features a standard selection of sneakers supplied by Nike, Adidas, Puma and Reebok. Their automatic replenishment is operated via SAP. More than 100 shoe retailers have adopted ...
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New Balance has opened a store at Maremagnum, a shopping...
New Balance has opened a store at Maremagnum, a shopping center located in Barcelona's harbor
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News briefs
Barcelona has reportedly been picked as the first European destination...
Barcelona has reportedly been picked as the first European destination for the Nike Live retail concept. Already inaugurated in Los Angeles, Nike Live is a concept that combines digital features with a unique physical environment. Europa Press reports that the Barcelona store will be located in a dedicated sports store ...
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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Munich, the Spanish brand of sneakers and football boots, has...
Munich, the Spanish brand of sneakers and football boots, has opened two more original stores in the Barcelona area
