Retail insights from the sporting goods industry – Page 160
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News briefs
Snipes, the German-based chain of sneaker stores, is reportedly planning...
Snipes, the German-based chain of sneaker stores, is reportedly planning to launch a women-specific format of shoe stores under a different name, which would also offer high-heeled shoes and clothing. Meanwhile, Snipes has opened its first Spanish store in the Gran Casa shopping center of Zaragoza. It is said to ...
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Short stops
Burton has opened two stores in Switzerland, in Flims and...
Burton has opened two stores in Switzerland, in Flims and in Laax, offering a full range of Burton and Anon products
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News briefs
E-commerce in the Asia-Pacific region is expected to rise by...
E-commerce in the Asia-Pacific region is expected to rise by 35.7 percent in 2015, according to new figures from eMarketer. With sales hitting $877 billion, the region will be the largest e-tail market in the world. The growth is mostly driven by the rising middle classes in China, India and ...
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News briefs
The China-based Alibaba Group has appointed a former U.S. federal...
The China-based Alibaba Group has appointed a former U.S. federal prosecutor, Matthew Bassiur, to lead a team that will work to enforce intellectual property protection at the company, in cooperation with international brands and retail partners, industry associations, government regulators, law enforcement agencies and other organizations. The move follows renewed ...
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News briefs
Robin Stalker, chief financial officer at the Adidas Group, told...
Robin Stalker, chief financial officer at the Adidas Group, told The Financial Times that the company was not facing pressure to divest activities. Speculation has been reported about such pressure after several influential investors built up stakes in Adidas this year: Southern Asset Management (SAM) in the U.S. and investment ...
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News briefs
Adidas has signed up Nick Young from the Los Angeles...
Adidas has signed up Nick Young from the Los Angeles Lakers, as part of its latest drive to invest in prominent U.S. team sports players. Young announced the deal when he turned up at a game against the Houston Rockets donning a pair of Adidas Yeezys, the shoes designed for ...
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News briefs
North Sails has inaugurated its Spanish store, covering 190 square...
North Sails has inaugurated its Spanish store, covering 190 square meters on Carrer Consell in Barcelona. This takes up to 36 the number of corporate and franchised stores of the Italian company, which was acquired by a private equity fund in 2014. North Sails is planning other openings in Stockholm, ...
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News briefs
Rome may be the next spot for a new series...
Rome may be the next spot for a new series of European Havaianas flagship stores, like the 120-square-meter location that was opened in Barcelona in July. They are intended to offer a wider range of products from 2017 on, including beachwear, than the traditional Havaianas outlets, which focus on rubber ...
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Nixon has opened its first store in New York...
Nixon has opened its first store in New York
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News briefs
The German Ski Federation, DSV, has launched a new web...
The German Ski Federation, DSV, has launched a new web store that allows its members to get a 15 percent discount on many items. Besides its own line of DSV-branded winter jackets and other fan items, the new DSVShop.de website offers a selection of more than 150 items by Adidas, ...
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Stockmann has sold the leases of its seven department stores...
Stockmann has sold the leases of its seven department stores in Russia to the Russian franchisee of Debenhams
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Decathlon has been testing the Australian market through a web...
Decathlon has been testing the Australian market through a web store supported by communication through the social media since the start of 2014, sportguide.com has revealed
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Article
Adidas tries to deal with margin pressure
As labor costs are seen rising at a compound annual rate of 13 to 15 percent, and material costs by between one and four percent a year through 2020, the Adidas Group has told investors that it is rearranging its sourcing strategy, while adjusting its product mix and planning significant ...
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News briefs
Herbert Hainer, chief executive at the Adidas Group, denied a...
Herbert Hainer, chief executive at the Adidas Group, denied a report in The New York Post that it was preparing a sale of Reebok CCM Hockey in another effort to simplify its business. He acknowledged in a press briefing earlier this month that several parties were interested in the ice ...
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News briefs
Adidas has plans to open a flagship store opposite the…
Adidas has plans to open a flagship store opposite the Selfridges department store on Oxford Street in London. Pre-letting agreement has been inked and consultations have started with the local community and stakeholders. If the plans are approved, the flagship store in this prestigious location could open in 2018. The ...
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News briefs
Adidas has announced the acquisition of a new building next...
Adidas has announced the acquisition of a new building next to its campus in North Portland, Oregon as part of an expansion of its North American operations. It will accommodate about 150 employees on 25,000 square feet of office space, adding to the five existing buildings of the local Adidas ...
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Short stops
Go Sport has installed e-commerce kiosks in 40 of its...
Go Sport has installed e-commerce kiosks in 40 of its stores in France as part of a new omni-channel strategy
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News briefs
Mountain Warehouse, one of the major outdoor retailers in the...
Mountain Warehouse, one of the major outdoor retailers in the U.K., is launching a new chain of stores, called Zakti, that will cover gym, yoga, running, cycling, snow sports, dance and swimming, according to Retail Week. Competing against Sweaty Betty, it will initially target women. Zakti is opening two stores ...
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News briefs
The third Oakley store in Germany has opened in a...
The third Oakley store in Germany has opened in a very sporty area of Munich. The 130-square-meter store is located on the central Sendlinger Strasse, right next to The North Face. It is operated by a retailer who also has a Nike shop in the same area. Oakley's two other ...
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News briefs
Puma opened a flagship store in the trendy Hackescher Markt...
Puma opened a flagship store in the trendy Hackescher Markt area of the German capital last week. The new store in Berlin Mitte has adopted Puma's Forever Faster concept on a surface of about 450 square meters. It offers a range of performance and sport style products, along with exclusive ...
