Retail insights from the sporting goods industry – Page 147
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Short stops
Intersport Austria says that sales of bicycles at its 272...
Intersport Austria says that sales of bicycles at its 272 stores in the country have doubled since the start of this year, driven by stronger demand for e-bike models
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News briefs
XXL plans to open a large new store of 3,500...
XXL plans to open a large new store of 3,500 square meters in Oslo in the autumn of 2018, just a stone's throw from an existing G-Max and G-Sport store owned by the retailer's main competitor in Norway, Gresvig. In addition, there will be new store openings in Jessheim and ...
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Article
Adidas projects continued expansion in China
The Adidas Group is projecting another year of double-digit sales expansion in Greater China as it invests to build up a network of 12,000 Adidas stores by 2020, the company said during a trip to China by Kasper Rorsted, its chief executive since October.The brand currently has more than 10,000 ...
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News briefs
Sneakersnstuff is in a large international expansion phase. After opening...
Sneakersnstuff is in a large international expansion phase. After opening stores in London, Paris and Berlin in recent years, Sneakersnstuff is looking at the U.S. market. The Swedish company is planning to open a store in New York in the autumn. If this works, it may decide to continue its ...
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Sweaty Betty, which is planning to open seven new stores...
Sweaty Betty, which is planning to open seven new stores in the U.S. this year, will also relaunch its e-commerce platform later in the year with the help of a systems integrator, Tryzens
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Canada Goose is reportedly planning to open a store in...
Canada Goose is reportedly planning to open a store in the Park Hyatt Hotel of Chicago that will be bigger than those it has in Toronto and New York, taking the place of a Giorgio Armani store
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News briefs
A Norwegian sporting goods retailer, Torshov Sport, recently opened the...
A Norwegian sporting goods retailer, Torshov Sport, recently opened the world's largest and most important football store, according to its general manager, Terje Laurendz. The store, located in Oslo, is in the same premises as the company's previous football-specific store, but has been expanded by more than 400 square meters ...
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News briefs
In a preliminary statement, Zalando said its sales grew by...
In a preliminary statement, Zalando said its sales grew by between 22 and 24 percent in the first quarter of 2017, generating an operating margin of between one and three percent – lower than analysts had estimated. It confirmed projections for this year of growth between 20 and 25 percent ...
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News briefs
The Adidas Group has teamed up with Carbon, a U.S....
The Adidas Group has teamed up with Carbon, a U.S. start-up company, to make running shoes featuring midsoles produced with light and oxygen, which may be manufactured on a large scale. The first batch of 5,000 shoes to be made as part of the Futurecraft 4D project should hit the ...
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News briefs
Adidas has announced a multi-year agreement with USA Rugby, the...
Adidas has announced a multi-year agreement with USA Rugby, the governing body for the sport in the U.S., which makes the brand the official kit supplier to all U.S. national teams. The global sportswear company will provide competition wear and training apparel for all age-group and representative squads. Headquartered in ...
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Adidas will supply the official racquet for the World Padel...
Adidas will supply the official racquet for the World Padel Tour for the next two seasons through its licensee for paddle tennis products, All For Padel
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News briefs
Adidas has unveiled details of the launch of the Parley...
Adidas has unveiled details of the launch of the Parley editions of its UltraBoost, UltraBoost X and UltraBoost Uncaged. The three running shoes, made from up-cycled marine plastic, are the result of the firm's partnership with Parley for the Oceans, the environmental organization that addresses major threats to the oceans ...
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Short stops
After opening a small “connected” store in the center of...
After opening a small “connected” store in the center of Munich last year, Decathlon is gearing up to open a regular store of 1,500 m² in the Forum Schwanthalerhöhe shopping mall of the city next autumn
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K-Way, the French sports apparel brand owned by Basicnet, is...
K-Way, the French sports apparel brand owned by Basicnet, is said to be planning to open between six and seven stores per year in France, starting with one in Paris in the summer
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News briefs
Intersport Schweiz has just launched the beta version of its...
Intersport Schweiz has just launched the beta version of its new online shop, intersport.ch. It makes use of the know-how of Brack.ch, a Swiss online retailer of household electronics and other products. End customers will initially find a selection of more than 10,000 items for running, training, team sports, racquet ...
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Short stops
Billabong has set up shop-in-shops for its RVCA brand at...
Billabong has set up shop-in-shops for its RVCA brand at a Billabong store in Barcelona and an Element store at Hossegor, on the French Basque coast
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News briefs
Sports Direct International (SDI) is reportedly closing down the Eybl...
Sports Direct International (SDI) is reportedly closing down the Eybl store in the Plus City shopping center of Pasching in Austria. It should be shuttered at the end of June and taken over by XXL Sports & Outdoor, the Norwegian sports retailer, for a store opening in the spring of ...
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News briefs
Decathlon is preparing to open a store in Neuchâtel, Switzerland...
Decathlon is preparing to open a store in Neuchâtel, Switzerland in the second half of the summer. This will be the French retailer's first outlet in Switzerland, one of the few European countries where Decathlon does not yet have a presence. The store is set to open in the Marin-Epagnier ...
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News briefs
The North Face opened its first European lifestyle-oriented store on...
The North Face opened its first European lifestyle-oriented store on London's Carnaby Street on March 31. Placing a focus on its “Urban Exploration” range, it targets urban consumers, and it follows a successful experiment with a pop-up store in Covent Garden last year. It will feature exclusive items and limited ...
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Article
Adidas eyes €5 billion in North American sales by 2020
The Adidas Group is targeting annual sales of €5 billion in North America by 2020, a jump of nearly 50 percent compared with a turnover of €3.4 billion for the Adidas and Reebok brands last year.The target was outlined at an Investor Day held by the Adidas Group in Herzogenaurach ...