Retail insights from the sporting goods industry – Page 143
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News briefs
Der Standard, an Austrian newspaper, reports that Intersport Austria has...
Der Standard, an Austrian newspaper, reports that Intersport Austria has taken over large selling surfaces from Sports Direct International (SDI) in the country. The report says that the British retailer intends to close down all of its unprofitable stores in Austria, and to keep just 20 of them. When SDI ...
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News briefs
Oberalp, which recently got the distribution of Under Armour in...
Oberalp, which recently got the distribution of Under Armour in Italy, has opened its first brand store in the peninsula. It's located in the Orio shopping mall near Bergamo's airport, close to Foot Locker and many other sports stores. Under Armour has also taken advantage of the settlement of a ...
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News briefs
Intersport Austria has updated the appearance as well as the...
Intersport Austria has updated the appearance as well as the functions of its online store as part of the relaunch of intersport.at. The Austrian buying group says it has introduced new tools to reinforce the integration between its online and stationary business, comprising 272 stores at the end of June. ...
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News briefs
Banking on the athleisure trend, Supergroup has announced plans to...
Banking on the athleisure trend, Supergroup has announced plans to launch directly-owned or franchised stand-alone stores and shop-in-shops for its 18-month-old Superdry Sport range, in a move that is aimed at accelerating what it calls its “global lifestyle” strategy. The British sportswear brand is already sold in 60 countries. After ...
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News briefs
Decathlon is expanding its store at the Alexanderplatz in Berlin...
Decathlon is expanding its store at the Alexanderplatz in Berlin by increasing the sales surface from 6,000 to 8,500 sqm. New sports categories like rugby, fun wheels, tennis for kids and yoga for men, have been added to the existing product offer. The number of employees has been increased by ...
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News briefs
Kasper Rorsted, chief executive of the Adidas Group, told Focus...
Kasper Rorsted, chief executive of the Adidas Group, told Focus magazine that the Reebok brand has to return to profitability within four years. Shortly after Rorsted took over the helm in October last year, the company launched a reorganization at Reebok, Muscle Up, which entailed about 150 job cuts, the ...
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Short stops
After 20 years of glorious existence, Colette, the Paris boutique...
After 20 years of glorious existence, Colette, the Paris boutique that has been offering original products from many different sports and fashion brands, is going to close its doors on Dec. 20
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Short stops
Carhartt has announced plans to open a 2,500-square-foot store on...
Carhartt has announced plans to open a 2,500-square-foot store on London's King's Boulevard in September, not far from the Nike Central store that opened last August
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News briefs
Foot Locker is aiming for A1 locations in the major...
Foot Locker is aiming for A1 locations in the major European cities. It plans to open a new store measuring 550 square meters at Alexanderplatz, in the center of Berlin, next spring. According to sport-guide.com, the American banner is also negotiating a lease for a store of 1,500 sqm. on ...
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News briefs
Mundo Mammoth, one of the major physical and online retailers...
Mundo Mammoth, one of the major physical and online retailers for bicycles in Spain, has announced an agreement to integrate its operations into those of Barrabès Esquí y Montaña, the leading Spanish outdoor and ski retailer, which has adopted a hybrid online/offline retail structure since it launched its web store ...
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News briefs
Volcom has opened a flagship store on rue du Faubourg-Saint-Antoine...
Volcom has opened a flagship store on rue du Faubourg-Saint-Antoine in Paris, near the Bastille and close to several other mono-brand shops including the Jordan store recently opened by Foot Locker. It covers 200 square meters of space on two floors. Volcom now has 18 directly owned or partner-owned stores ...
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News briefs
Lacoste unveiled a new global store concept in early June...
Lacoste unveiled a new global store concept in early June that features a stronger and more immersive brand experience. Located at Westfield White City in Shepherd's Bush, London, the 140-square-meter boutique celebrates the heritage of the French premium lifestyle brand. The central feature is The Polo Wall, which features Lacoste ...
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News briefs
Launching a new store concept, Dainese has inaugurated a store...
Launching a new store concept, Dainese has inaugurated a store in Berlin for its motorcycling and sports apparel and protection products. It has a Custom Works room for special projects.
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Article
Karstadt buys more online marketplaces
Karstadt Warenhaus and its Austrian parent company, Signa Retail, have taken a stake of 70 percent in Hood.de, a popular German marketplace, in order to turn the department store group into an omni-channel marketplace. The shares were formally bought by Karstadt Marktplatz, a joint venture between Karstadt Warenhaus and Signa ...
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News briefs
As the outcome of Britain's general election earlier this month...
As the outcome of Britain's general election earlier this month caused a sharp fall in the exchange rate of the pound against the dollar, Sports Direct International (SDI) said that its exchange rate for these currencies was fully hedged for the fiscal year until April 2018 at a rate of ...
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News briefs
Intersport France has stated that it wants to become the...
Intersport France has stated that it wants to become the second-largest sporting goods retailer in Belgium, where it now has only six stores, compared with 639 in France. We estimate that Intersport was in sixth place in a market dominated by Decathlon in 2015. After closing many stores, Intersport opened ...
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News briefs
Canada Goose told investors at the recent Baird Global Consumer,...
Canada Goose told investors at the recent Baird Global Consumer, Technology & Services Conference that it is planning to have no more than 20 physical stores in place by 2020 because its business is still largely seasonal, but as previously reported, it is investing heavily in e-commerce, particularly now in ...
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News briefs
Yet another Spanish voluntary group, Anzamar, is launching its own...
Yet another Spanish voluntary group, Anzamar, is launching its own chain of sneaker shops, called Black Laces. The first one will open next month at Los Barrios, near Algeciras, to be followed by another one at Jaén in August or September.
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Article
Nike to work more closely with Amazon and Zalando
Zalando has unveiled plans to double in size by 2020, raising its annual sales from €3.6 billion to €7.6 billion, as part of an ambitious new strategy that will include providing new services to brands like Adidas and Nike. Founded in Berlin in 2008, the German company has quickly expanded ...
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News briefs
Bernard Tapie, the former majority shareholder of Adidas, has lost...
Bernard Tapie, the former majority shareholder of Adidas, has lost a final appeal in French courts against a ruling that he should reimburse €404 million paid out to him after arbitration proceedings around the sale of the sports company in 1993. Tapie has long alleged that he was fleeced by ...
