Retail insights from the sporting goods industry – Page 158
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News briefs
Paris' revamped Forum des Halles, whose modernization and expansion is...
Paris' revamped Forum des Halles, whose modernization and expansion is expected to cost around €1 billion, prominently features a new Nike store of 1,026 square meters under its new “canopy” roof and on one of its four corners. The store has dedicated areas for running, training, sportswear, men, women and ...
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News briefs
Merrell is launching an e-learning program for the personnel in...
Merrell is launching an e-learning program for the personnel in any stores in France, similar to one that it recently introduced in the U.K., and the brand may take similar initiatives in other countries based on the results. In France, salespeople who are handling the brand can connect with a ...
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News briefs
The North Face has reportedly leased a space of nearly...
The North Face has reportedly leased a space of nearly 20,000 square feet on Fifth Avenue at 43rd Street in New York City for its flagship store in the Big Apple. TNF already has two other smaller stores in the Upper West Side and Soho districts of Manhattan.
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News briefs
Stadium plans to grow significantly in the next five years,...
Stadium plans to grow significantly in the next five years, but mainly outside of Sweden, partly in Germany. In an interview with a Swedish newspaper, Dagens Industri, Stadium's new chief executive, Karl Eklöf, said the goal is to grow from the present annual level of about 5.1 billion Swedish kronor ...
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Short stops
Quiksilver has opened its second store in Indonesia, at Manado...
Quiksilver has opened its second store in Indonesia, at Manado Town Square in Sulawesi, offering the products of its Quiksilver, Roxy and DC brands
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Canada Goose will open a 4,000-square-foot store on Wooster Street...
Canada Goose will open a 4,000-square-foot store on Wooster Street in New York's SoHo district, on the premises of a Patagonia store that has relocated to another location on Greene Street in Lower Manhattan
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News briefs
Intersport France managed a retail sales increase of 10 percent...
Intersport France managed a retail sales increase of 10 percent to about €1.7 billion including VAT last year, with a comparable sales rise of 5.3 percent. The turnover covers its affiliated stores in France and Belgium, although the Belgian share is tiny with only five stores. Intersport estimated that its ...
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News briefs
Acting more like a marketplace, Zalando plans to introduce same-day...
Acting more like a marketplace, Zalando plans to introduce same-day delivery by sending orders directly from a retailer's store, instead of a warehouse, to the customer's home. Europe's largest online fashion retailer believes that this would shorten delivery times, increase stock availability and cut logistics costs in the long term. ...
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Short stops
Adidas has filed a suit in a Florida court against...
Adidas has filed a suit in a Florida court against 56 sellers of allegedly counterfeit Adidas, Reebok and Mitchell & Ness products on various websites in the U.S.
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Short stops
Adidas has collaborated with an unconventional Japanese streetwear designer, NIGO,...
Adidas has collaborated with an unconventional Japanese streetwear designer, NIGO, for a new Adidas Originals line being released next month
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Short stops
Adidas has confirmed its sponsorship of Paul Pogba, the young...
Adidas has confirmed its sponsorship of Paul Pogba, the young star player of Juventus team who is playing with the national French football team
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News briefs
Alibaba is likely to overtake Walmart as the world's largest...
Alibaba is likely to overtake Walmart as the world's largest retail platform in its fiscal year ending March 31. The Chinese e-commerce giant indicated that it had reached 3 trillion yuan renminbi (€412bn-$462bn) in gross merchandise value (GMV) as of March 21. The figure, achieved on the back of consumption-driven ...
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News briefs
L'Equipe, the French daily sports newspaper, has launched an internet...
L'Equipe, the French daily sports newspaper, has launched an internet marketplace for the sale of sporting goods as part of its efforts to capitalize on a huge audience with interest in sports. About one month after its launch in February, L'Equipe Store lists around 300 brands covering over 20 sports ...
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News briefs
The Greek Fourlis Group reports improved results for its retail...
The Greek Fourlis Group reports improved results for its retail operations under the Intersport and The Athlete's Foot in five countries. Their sales increased by 5.6 percent to €129.2 million last year, and they generated slightly improved operating earnings before amortization (Ebitda) of €10.93 million. Fourlis currently operates 106 Intersport ...
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Article
Zalando focuses on activewear
Zalando is evidently aiming to establish itself as a major online shopping destination for sports fashion in Europe. In line with current lifestyle trends and the growing concern for health and fitness, it is offering more sports clothing and footwear for running, training, fitness, yoga, tennis and other sports, especially ...
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Article
Adidas thrives in Europe
The buzz around the Three Stripes remained vibrant in the last months, and the Adidas Group reported a few days ago buoyant quarterly sales, with rapid expansion in Europe – albeit aided by outsized marketing investments that hit profits.The company's sales in the fourth quarter of 2015 were up 15.4 ...
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Article
Adidas hails its “comeback”
The Adidas Group's performance last year marked what managers described as a remarkable comeback, after enduring a slump in golf and Russian sales and the perceived sluggishness that caused jitters among investors two years ago.Herbert Hainer, the company's outgoing chief executive, said that the new impetus was supported by a ...
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News briefs
Adidas is reinforcing its sports marketing investments in the U.K....
Adidas is reinforcing its sports marketing investments in the U.K. through a contract with Birmingham City, a second-division English club which is said to be likely to move back into the Premier League for the first time since 2011. The team was sponsored by Carbrini, the private label of JD ...
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News briefs
Adidas has signed a three-year deal as sponsor of Insep,...
Adidas has signed a three-year deal as sponsor of Insep, a big sports training center on the outskirts of Paris that hosts more than 200 coaches, 300 collaborators and 700 sportsmen and sportswomen. It helped train 56 percent of the members of the French Olympic team who earned medals at ...
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News briefs
Adidas has entered a multi-year partnership with Wanderlust, a producer...
Adidas has entered a multi-year partnership with Wanderlust, a producer of lifestyle festival events focusing on yoga, wellness and music. The deal is designed to pair Wanderlust's multi and single-day events with Adidas' latest performance-based products. For 2016, highlights from this partnership include Adidas being a presenting partner of Wanderlust's ...