Retail insights from the sporting goods industry – Page 156
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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 ...
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News briefs
Hydra Ventures, the venturing arm of the Adidas Group, has...
Hydra Ventures, the venturing arm of the Adidas Group, has become an investor in 360fly, a Californian company that specializes in single-lens cameras capturing 360-degree videos. Hydra Ventures came on board as part of a Series C round of financing worth $40 million. It joins L Catterton and Qualcomm Ventures, ...
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News briefs
BM Sportech will handle the distribution of Adidas' textile and...
BM Sportech will handle the distribution of Adidas' textile and footwear offerings for pádel, the Spanish version of tennis, from the spring/summer 2017 season. BM Sportech is already the Spanish distributor of Prince and K-Swiss.
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News briefs
Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
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News briefs
Sports Direct International (SDI) is among the parties that have...
Sports Direct International (SDI) is among the parties that have reportedly shown interest in acquiring BHS, a British retailer with 164 stores specializing in clothing and household items, which went into administration (a form of bankruptcy) earlier this month. Talks held with Mike Ashley, majority shareholder of SDI, fell through ...
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News briefs
Vibram has opened its first flagship store in Athens, called...
Vibram has opened its first flagship store in Athens, called the Vibram Athens Academy. This first store represents an evolution from the Vibram Sole Factor trucks, which have been traveling around Europe, offering customers the opportunity to improve the performance of their shoes by choosing a sole from the brand's ...
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News briefs
Nike plans to reopen its store on Barcelona's Paseo de...
Nike plans to reopen its store on Barcelona's Paseo de Gràcia on May 12 after a major transformation. The 543-square-meter space will focus on running. It will be the headquarters of Barcelona's Nike+ Club. It will feature several services including Nike ID, stride analysis, coaching, bra fitting and the advice ...
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News briefs
Karstadt's online business has become profitable, said the manager in...
Karstadt's online business has become profitable, said the manager in charge in an interview with the Westdeutsche Allgemeine Zeitung (WAZ) last month. Klaus Haensch took over this function in May last year and he has made far-reaching changes at the German retailer's online business, leading to a reduced offering on ...
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Short stops
Moncler has opened new stores on Bond Street in London...
Moncler has opened new stores on Bond Street in London and in Honolulu
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News briefs
Keller Sports, the German high-end pure internet retailer, has decided...
Keller Sports, the German high-end pure internet retailer, has decided to open its first physical store. Its so-called Brand Experience Store will open its door on June 22 at Auenstrasse 120 in Munich.
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Short stops
Selfridges' flagship department store on Oxford Street in London has...
Selfridges' flagship department store on Oxford Street in London has opened a 37,000-square-foot Body Studio with over 100 brands of bodywear, swimwear, lingerie and hosiery
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News briefs
Since last month, Stockholm has a new sneaker store. Solestory...
Since last month, Stockholm has a new sneaker store. Solestory is a modern shoe store that is inclined toward basketball and attempts to tell the story behind each model it sells. It is located in the middle of the city and is 150 square meters wide, plus a small stock ...
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News briefs
According to preliminary figures, Zalando is expected to report a...
According to preliminary figures, Zalando is expected to report a sales increase of between 22.5 percent and 24.5 percent for the first quarter, meaning a turnover in a range between €788 million and €801 million. The adjusted operating margin (Ebit) declined to between 1.5 percent and 3.5 percent, down from ...