Retail insights from the sporting goods industry – Page 137
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News briefs
Buff has opened a store in Barcelona's central Plaza de...
Buff has opened a store in Barcelona's central Plaza de Catalunya in cooperation with Havaianas. The Brazilian brand of rubber sandals will use it only during the summer months.
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News briefs
This spring, Sweaty Betty will open a store on King's...
This spring, Sweaty Betty will open a store on King's Boulevard in London. It will join Nike, Carhartt and other stores in a new shopping district in London, called the Coal Drops Yard, near King's Cross and the St. Pancras railway station.
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News briefs
Maloja, the German sportswear brand, has opened new franchised stores...
Maloja, the German sportswear brand, has opened new franchised stores with retail partners in several German cities. The first franchised store was opened in Obersdorf in Germany in 2016 and the second store in Wiesbaden in October last year. Another franchised store will be opened with a local retail partner ...
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News briefs
Sport 2000 International has terminated its licensing contract for the...
Sport 2000 International has terminated its licensing contract for the Sport 2000 banner with its single biggest retail member, Sports Direct International, which still holds a small minority share in the organization, but this will probably not last much longer. Sport 2000 Germany has taken over its license for the ...
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News briefs
JD Sports Fashion said that it formally completed its acquisition...
JD Sports Fashion said that it formally completed its acquisition of Sport Zone at the end of January, to form the second-largest sports retailer in Iberia, with annualized sales of about €450 million. As reported last month, the European Commission already cleared the combination of the existing interests of JD ...
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Article
The last Dassler leaves the Adidas Group
Frank Dassler, general counsel and chief compliance officer at the Adidas Group, left the company at the end of January, although he will continue to advise the group and to represent it in international organizations.Dassler's appointment at the Adidas Group in 2004 raised some eyebrows since he is the grandson ...
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News briefs
Adidas is teaming up with Zound Industries International to sell...
Adidas is teaming up with Zound Industries International to sell headphones. The two companies have entered into a licensing agreement for audio products that will extend until 2024. They did not disclose the financial terms of the deal. Under the terms of the agreement, Zound will design, develop, manufacture and ...
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News briefs
Adidas and Eden Park, the French rugby-inspired ready-to-wear brand, are...
Adidas and Eden Park, the French rugby-inspired ready-to-wear brand, are launching an exclusive capsule collection. The new line will comprise 17 items, for men and women, including clothes and a shoe named Predator Rugby, especially designed for the collection, featuring the Eden Park logo. Dan Carter, the rugby union player ...
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News briefs
Adidas and The Woolmark Company, a subsidiary of Australian Wool...
Adidas and The Woolmark Company, a subsidiary of Australian Wool Innovation, are launching The Woolmark Performance Challenge, a new annual design competition for tertiary students in Europe and North America. Through this new Challenge, students are offered the opportunity to develop innovative product applications within the sports and performance industry ...
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News briefs
A prospective agreement for Sports Direct International to indirectly purchase...
A prospective agreement for Sports Direct International to indirectly purchase parts of Brixton Market has fallen through, according to Fashionnetwork.com. An investment vehicle related to the British sports retailer reportedly made an offer of £30 million (€33.9m-$41.5m) for Brixton Village and Market Row, which bring together 140 mostly independent retailers ...
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News briefs
Fanatics has signed a ten-year agreement with the Welsh Rugby...
Fanatics has signed a ten-year agreement with the Welsh Rugby Union (WRU) which gives Fanatics exclusive rights to operate the re-designed flagship store on Westgate Street in Cardiff, the existing concourse units within Principality Stadium in Cardiff, and the official online store at http://store.wru.co.uk. Fanatics will introduce two new rapid ...
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News briefs
Sylvain Bouchès has been appointed as director for the Adidas...
Sylvain Bouchès has been appointed as director for the Adidas brand in France. He takes over from Nicolas Favre, who became general manager for Adidas France last November. Bouchès took up the position at the beginning of this year and he joined a seven-strong management committee. The Frenchman became part ...
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News briefs
Macron will replace Adidas as the kit sponsor of Real...
Macron will replace Adidas as the kit sponsor of Real Sociedad, the Spanish football club based in San Sebastián, in the Basque region. The club competes in La Liga, Spain's top football league. Based in Bologna, Italy, Macron is currently the technical sponsor of several European teams, including Crystal Palace ...
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Article
Ispo plans to cooperate with Alibaba
The Alibaba Group and Ispo announced that they are exploring a joint strategic collaboration. As part of this initiative, the 4,000-plus clients of Ispo from all over the world would be given an opportunity to expand their e-commerce operations in China through Alibaba's big B2C marketplace, Tmall. They would benefit ...
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News briefs
Garmin has opened its first dedicated retail space in Europe,...
Garmin has opened its first dedicated retail space in Europe, in the center of Barcelona, to showcase the full range of sports and outdoor products it offers. The store consists of a sizeable shop-in-shop in the department store of El Corte Inglés in Portal de l'Angel, one of the busiest ...
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Article
Zalando focuses on investments and market share gains
Zalando said it would continue to focus on market share gains this year, after the German online retailer raised its turnover above the €4 billion mark in 2017 but investments put pressure on its margins.Zalando made it clear last year that it was raising investment in infrastructure and technology, at ...
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News briefs
Adidas is joining many other investors in a new $200...
Adidas is joining many other investors in a new $200 million round of financing for Carbon that placed a $1.7 billion valuation on the company, higher than the $1.1 billion valuation of two other public supplier of 3D equipment and software, 3D Systems and Stratasys. Carbon's Digital Light Synthesis technology, ...
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Short stops
Umbro will replace Adidas as the technical supplier of an...
Umbro will replace Adidas as the technical supplier of an Argentinian football team, Newell's Old Boys, for three years
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News briefs
DW Sports has opened a 15,000-square-foot flagship store in the...
DW Sports has opened a 15,000-square-foot flagship store in the Intu Metrocentre of Gateshead. The chain has more than 90 stores all over the U.K. It's part of the DW Fitness First Group, which also operates 120 gyms.
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Article
Adidas reorganizes its digital sports operations
Adidas appears to be tossing in the towel on wrist-based fitness devices, following similar moves by Nike and Under Armour. The company's North American office announced a few days ago that it is discontinuing its dedicated Digital Sports business unit, which has been marketing its branded GPS running watches, fitness ...