Retail insights from the sporting goods industry – Page 156
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News briefs
JD Sports Fashion is planning to open its second Swedish...
JD Sports Fashion is planning to open its second Swedish store in the autumn. Covering 771 square meters, it will be located in Stockholm's Kista Galleria. The British retailing group says it is positioned to deliver an excellent result for the first half of its financial year, running through to ...
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News briefs
Intersport U.K. is preparing to launch a new online store...
Intersport U.K. is preparing to launch a new online store to support the physical stores affiliated with the buying group across the country. The new Intersport.co.uk website is chiefly meant to raise brand awareness and to showcase sports performance products. The search function will allow visitors to check out the ...
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News briefs
XXL's online store has been ranked among the top 10...
XXL's online store has been ranked among the top 10 most popular Norwegian web shops according to a national ranking compiled by Netthandel.no, which covers the past six months. It places XXL.no in sixth place with 6.18 million visits during the period. According to figures published by the retailer itself, ...
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News briefs
Sport 2000 Germany has enlarged its advisory board, electing four...
Sport 2000 Germany has enlarged its advisory board, electing four new directors who represent some of its more specialized sports stores. Martin Schwarz of Heymann & Schwarz in Wuppertal will represent the owners of 129 stores that specialize in team sports, although many of them also cater to other categories. ...
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News briefs
21sportsgroup, the German sports retailer with both online and physical...
21sportsgroup, the German sports retailer with both online and physical stores, reports that it has obtained financing in the double-digit million euro range to reinforce its business in Germany and to expand in international markets. Specializing in running, cycling, triathlon, outdoor and action sports products, 21sportsgroup is the company behind ...
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Short stops
Arc'teryx has opened its 7th U.S. store in the SoHo...
Arc'teryx has opened its 7th U.S. store in the SoHo district of Manhattan and plans to add two others before the end of the year in Chicago and Toronto
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News briefs
Several heirs of Adi Dassler, the founder of Adidas, have...
Several heirs of Adi Dassler, the founder of Adidas, have teamed up to try and take more control of his legacy, according to Capital, the German magazine. Most of the heirs stayed away from the spotlight after the sale of Adidas in the early nineties by the four daughters of ...
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Article
Adidas to divest Mitchell & Ness
Adidas has entered into a definitive agreement to sell its Mitchell & Ness business to a newly-formed company owned by Juggernaut Capital Partners. Adidas said the sale of the Philadelphia-based apparel brand will allow the group to focus more aggressively on its core brands. Mitchell & Ness is best known ...
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News briefs
The Adidas Group says that its pilot plant for fast...
The Adidas Group says that its pilot plant for fast footwear production in Ansbach, Germany, is ready to start commercial production in 2017. The Speed Factory is to operate mostly with robots. The project was unveiled last year as part of the group's “Creating the new” strategy, which has speed ...
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News briefs
Closed for several weeks, Adidas' largest European store has reopened...
Closed for several weeks, Adidas' largest European store has reopened – a flagship outlet at the bottom of the Champs-Elysées in Paris. The store adopted the Home Court concept that was already implemented in Beijing, Madrid, Berlin and London, with features such as the Shoe Base, an interactive bar with ...
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News briefs
Mark King, president of Adidas North America, has reaffirmed the...
Mark King, president of Adidas North America, has reaffirmed the brand's strategy to sign dozens of endorsement deals with U.S. sports players in the coming years. The Adidas brand's sales shot up by 31 percent in North America in the first quarter of this year, but the rise was strongly ...
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News briefs
Igor Landau, supervisory board chairman of the Adidas Group, has...
Igor Landau, supervisory board chairman of the Adidas Group, has told the Frankfurter Allgemeine Sonntagszeitung that the company intends to stick with its partnership with Fifa, which runs until 2030, despite the governance issues that have been plaguing the football organization. Landau said that the company deplored what occurred at ...
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News briefs
Canada Goose has announced the opening of its first two...
Canada Goose has announced the opening of its first two stand-alone stores this coming autumn. The stores are set to open on New York's Wooster Street, in the heart of SoHo, and in the Yorkdale Shopping Centre in Toronto. Each store, covering a surface of more than 4,000 square feet, ...
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News briefs
Topshelf, an established Dutch sports retailer with five megastores, has...
Topshelf, an established Dutch sports retailer with five megastores, has pounced on two top locations that became available earlier this year after the bankruptcy of Vroom & Dreesman (V&D), a major Dutch department store chain. Several Dutch newspapers report that Topshelf has taken over the leases of former V&D stores ...
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News briefs
Evasion Running, a specialized Spanish retailer, has gone into receivership,...
Evasion Running, a specialized Spanish retailer, has gone into receivership, according to the Spanish media. The company had already closed two of its stores, in Barcelona and Valencia, leaving it with another store in Valencia and five franchises in Spain and France.
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News briefs
North Sails plans to open its first German store in...
North Sails plans to open its first German store in Hamburg on June 23, to be followed by others in the country. The Italian company already has 45 stores in the rest of the world.
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News briefs
Jaked will open two new stores in Milan in July....
Jaked will open two new stores in Milan in July. According to reports in Corriere della Sera, the stores will be located on corso Vercelli and corso Buenos Aires, with plans for more openings in Bologna and Napoli. The Italian sportswear brand, which was established in 2008, is owned by ...
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Short stops
JD Sports has opened its 35th German store in the...
JD Sports has opened its 35th German store in the Olympia shopping center of Munich
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Article
Adidas to start talks for golf assets sale
The Adidas Group has decided to reduce its interest in the golf market by starting talks for the sale of the TaylorMade, Adams Golf and Ashworth brands. While pulling out of the golf equipment market, it would focus its golf apparel and footwear business on the Adidas brand.After a slump ...
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Article
The Adidas Group blazes ahead
The Adidas Group blazed ahead in the opening quarter of this year, carried by soaring demand for its sneakers and the run-up to the European football championships.Herbert Hainer, the group's chief executive, said in a conference call that Adidas “flew off the starting blocks.” The performance was supported by Creating ...
