Retail insights from the sporting goods industry – Page 137
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News briefs
Decathlon has opened its first store in Tunisia and contracted...
Decathlon has opened its first store in Tunisia and contracted a local logistics provider, Tanger Med, to handle its shipments to the growing number of stores it has in Africa. Covering more than 1,500 square meters in the Tunis City shopping mall, the store is reportedly set to be followed ...
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Article
Zalando posts a loss as sales rocket, investments continue
Zalando recorded a net loss of €11.1 million for the third quarter, compared with net income of €5 million for the year-ago quarter. The adjusted operating profit (Ebit) before non-operating one-time effects fell to €400,000 from €19.5 million.The company had warned last month that it might post a loss in ...
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Short stops
Bogner has opened a new store in Prague, located in...
Bogner has opened a new store in Prague, located in the big, recently opened Chodov shopping center
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Snow + Rock has a new store in England's Bluewater...
Snow + Rock has a new store in England's Bluewater shopping center, the largest one in the U.K. with a retail floor area of 13,000 square feet
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News briefs
Sports Direct International (SDI) is apparently developing a new retail...
Sports Direct International (SDI) is apparently developing a new retail brand, selling almost anything from dental floss to screwdrivers and household gloves (progressively classified as men's products, while the women's section features underwear calendars along with chocolate ring dog chews and a teenage ninja turtles scooter). “The brands you love for ...
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Article
Alibaba breaks new records
Alibaba hit a new record with its Singles Day shopping festival on Nov. 11, generating sales of $25.3 billion, 40 percent above the score reached a year ago. The event is a much bigger replica of the Black Friday and Cyber Monday promotions that are becoming common in the Western ...
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Article
World Cup qualifiers favor Adidas and Nike
Adidas has taken an early lead in the World Cup, at least in terms of the number of teams to be outfitted by the German brand, after the last qualifications for the finals were played last week.With eleven teams to wear the Three stripes, Adidas is slightly ahead of Nike ...
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News briefs
As part of the partnership between Adidas and Zalando, customers...
As part of the partnership between Adidas and Zalando, customers can create their own sneakers through Zalando.de. This has been an option for several years on the Adidas brand's online store with Miadidas, which enables consumers to pick their own colors, materials and soles. That same option has become available ...
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News briefs
Adidas, Nike and Rapha Racing were among the winners this...
Adidas, Nike and Rapha Racing were among the winners this year at the International Retail Property Market (Mapic) in Cannes earlier this month. Nike was named “Retailer of the Year.” Adidas' new flagship store on New York's Fifth Avenue was crowned for “Best Store Design.” Rapha's “clubhouse” cycling stores were ...
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News briefs
Kasper Rorsted, chief executive at the Adidas Group, was quoted...
Kasper Rorsted, chief executive at the Adidas Group, was quoted as saying in Bild am Sonntag during the weekend that the company would have a problem if one of its partners was found guilty of breaking the law. The quote was placed in the context of the Adidas group's partnership ...
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News briefs
Adidas is a winner of the second Stop Slavery Award,...
Adidas is a winner of the second Stop Slavery Award, an initiative by the Thomson Reuters Foundation to honor companies that have taken concrete steps to eradicate forced labor from their supply chains. Adidas leads a group of four winning companies which also includes C&A, Intel and The Co-Operative Group. ...
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News briefs
Tor-Andre Skeie, who plays a key role with two Norwegian...
Tor-Andre Skeie, who plays a key role with two Norwegian sporting goods retailers, Sport Outlet and Sport Norway, has been named as a finalist for this year's Entrepreneur of the Year, organized by Ernst & Young, across all categories for the West region of the country. Skeie was nominated for ...
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News briefs
Intersport Twinsport, the largest Intersport retailer in the Netherlands with...
Intersport Twinsport, the largest Intersport retailer in the Netherlands with 12 stores, has agreed to take over another five stores from Intersport Duo. The five outlets neatly complement Twinsport's business as they are situated in the province of North Holland, not far from Amsterdam. The Twinsport stores are in other ...
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News briefs
Snowleader, a French online retailer of snow sports products, has...
Snowleader, a French online retailer of snow sports products, has added Spain to the country list of its online boutiques, with the launch of a new “.es” e-commerce site. The announcement was made by Thomas Rouault, the co-founder and chief executive of Snowleader, on the occasion of the first conference ...
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Lolë is testing its first European pop-up store in the...
Lolë is testing its first European pop-up store in the Labege shopping center of Toulouse and in a couple of other medium-sized French cities, Reims and Pau
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News briefs
Flipkart has reportedly formed a partnership with Decathlon to sell...
Flipkart has reportedly formed a partnership with Decathlon to sell the French retailer's private labels, in a bid to increase its share in the growing Indian sports retail market. The Indian e-commerce giant is said to have a customer base of over 100 million, which will allow Decathlon to increase ...
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As expected, Canada Goose has opened its first European store,...
As expected, Canada Goose has opened its first European store, covering about 460 square meters at 244 Regent Street in London
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Salomon has opened its first single-brand store in Andorra, located...
Salomon has opened its first single-brand store in Andorra, located in the Carlemany shopping center, through the biggest local sports retailer, Viladomat
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Article
Adidas outperforms in North America
The Adidas Group's expansion has been hampered by weakening retail trends in Europe and infrastructure bottlenecks in North America in the third quarter, leading to a sales increase at the lower end of its projection, but the company still delivered ample rises in sales and profits.The German group's turnover jumped ...
