Retail insights from the sporting goods industry – Page 162
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Short stops
Zimstern has opened a store in Munich and one in...
Zimstern has opened a store in Munich and one in Davos, Switzerland
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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
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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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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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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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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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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Nixon has opened its first store in New York...
Nixon has opened its first store in New York
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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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News briefs
SportScheck has opened its 20th store in Aachen, which makes...
SportScheck has opened its 20th store in Aachen, which makes utmost use of multichannel capabilities. The 2,300-square-meter store greets the customer with eye-catching 3D multi-media displays at the entrance. It provides for click and connect and same-day delivery. The salespeople are equipped with iPads to support their advice function. Quick ...
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News briefs
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...
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Article
Adidas projects buoyant football sales
Instead of the usual glitz and football stars on a podium, the Adidas ball for the group stages of the European championship finals in 2016 was unveiled by Zinedine Zidane on his Instagram account earlier this month. The blue, white and red color design of the Beau Jeu is reminiscent ...
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Adidas CEO suggests Fifa reforms
Herbert Hainer, the Adidas Group's chief executive, suggested to Wirtschaftswoche earlier this month that Fifa ought to set limits to the age and terms of the Fifa president. He added that the global football organization's president should be more like a chief executive, operating under a supervisory board.It was the ...
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Adidas gets India’s go-ahead for its own format stores
The Adidas Group has obtained approval from the Indian government to open fully owned Adidas-branded stores in the country. Dave Thomas, managing director of the Adidas Group in India, said in a statement that the company intends to start opening larger stores under full ownership in the second half of ...
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News briefs
The prospective change of chief executive at the Adidas Group,...
The prospective change of chief executive at the Adidas Group, scheduled for 2017 at the latest, is leading to increasing speculation, with a report in Der Spiegel that leading executives from several rival companies were approached for the job. Adidas confirmed in February that it had launched a formal search ...
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News briefs
Adidas has inked a five-year agreement with Louisiana Tech University...
Adidas has inked a five-year agreement with Louisiana Tech University Athletics to outfit its 16 men's and women's teams in Adidas uniforms, apparel, footwear and equipment through the 2021-22 season. The partnership starts in July, except for women's basketball because that team has one year left on a deal with ...
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New Balance is opening its first store in Berlin...
New Balance is opening its first store in Berlin
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News briefs
Decathlon is deploying radio frequency identification (RFID) chips in more...
Decathlon is deploying radio frequency identification (RFID) chips in more than 400 stores around the world and extending its RFID source-tagging program to millions of products. Checkpoint Systems is acting as service provider, supplying the encoded labels to vendors through its service bureaus in Asia and Europe. RFID-based antennas have ...
