Retail insights from the sporting goods industry – Page 170
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News briefs
Arc'teryx will open its first company-owned European flagship store in...
Arc'teryx will open its first company-owned European flagship store in the St. James district of London in August as part of a new program to establish similar flagships in key cities around the world. There is already an Arc'teryx store in London's Covent Garden, which is operated by Snow + ...
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News briefs
Debenhams, the upscale British department store chain, has decided to...
Debenhams, the upscale British department store chain, has decided to open 12 more Sports Direct concessions by August 2016, covering a total of 200,000 square feet, after encouraging tests since last summer at its stores in Bristol, Guildford, Harrow and Portsmouth. The management said there was no relation with the ...
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News briefs
Sports Direct International (SDI), the leading U.K. sports retailer, has...
Sports Direct International (SDI), the leading U.K. sports retailer, has come under scrutiny in a documentary by Channel 4 Dispatches. “The Secrets of Sports Direct” alleged that some of the discounts carried by the retailer may be misleading, because the company was inflating the original price of the products on ...
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News briefs
Kelme will open its first European mono-brand store in Valencia...
Kelme will open its first European mono-brand store in Valencia through a retail partner, using it as a pilot for other stores in Spain. There are already a dozen Kelme stores in Delhi, the capital of India. According to CMD, Kelme raised it sales last year by 30 percent to ...
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News briefs
Stadium has opened its first outlet store on Finnish soil,...
Stadium has opened its first outlet store on Finnish soil, outside of Helsinki. The outlet store is located in the large Tammisto shopping center in Vantaa. It is also the location of one of Stadium's 26 regular stores in the country. The company has already had a successful roll-out of ...
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News briefs
Millet has opened its first store in Germany as a...
Millet has opened its first store in Germany as a temporary shop-in-shop in Globetrotter's store in Frankfurt. The French brand will occupy 165 square meters in the store until Feb. 16, 2016. It will organize a slackline challenge and start a testing center in October. Meanwhile, Columbia opened a shop-in-shop ...
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News briefs
Team Sportia, the recently reorganized Swedish retailer, has opened a...
Team Sportia, the recently reorganized Swedish retailer, has opened a new concept store with a strong focus on bicycles and triathlon in the warmer months and cross-country skiing in the colder months, following the renovation of a former fairly anonymous shop. It is located in Barkarby's Ikea shopping center, next ...
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News briefs
Sweaty Betty, the British brand of activewear, has opened its...
Sweaty Betty, the British brand of activewear, has opened its first U.S. concession at the Bloomingdale's flagship store in Manhattan. The British brand moved into the U.S. market in 2012 when it opened stores in the Soho district of New York City and in Greenwich, Connecticut. A third standalone store ...
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Article
Adidas wants to run faster in two-horse race against Nike
While unveiling its latest five-year strategic plan at an investor day three weeks ago, the Adidas Group implicitly admitted that it could not catch up with its bigger American rival in the next few years – but the plan and the new management that will implement it could infuse ...
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Article
Duo takes the lead at Adidas Group
The investor day held in Herzogenaurach three weeks ago enabled the company to push forward two new executive board members. Herbert Hainer, the Adidas Group's chief executive, who has been under some pressure since the company's profit warning last year, made it clear a few weeks ago that he will ...
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News briefs
Adidas has sued Marc Jacobs in an Oregon court for...
Adidas has sued Marc Jacobs in an Oregon court for the designer's use of four parallel stripes along the sleeves of some knitted garments. Adidas claims that they are confusingly similar to the three stripes used in two garments designed in cooperation with Yohji Yamamoto for its own Y-3 line.
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News briefs
Adidas Golf is launching what it describes as the first...
Adidas Golf is launching what it describes as the first fully asymmetrical golf shoe, the Asym Energy Boost. The distinctive right and left shoes are meant to guide weight transfer, stability and power through the swing. Adidas used heat map and force plate pressure studies to measure the different vertical ...
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News briefs
Adidas has teamed up with Yohji Yamamoto for the release...
Adidas has teamed up with Yohji Yamamoto for the release of a capsule Roland Garros collection for the impending French Open. The clothing and accessories feature Yamamoto's black-and-white color scheme while the shoes, predominantly black, are characterized by the presence of the Hawaiian floral prints of the Y-3 spring-summer 2015 ...
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News briefs
Alibaba and three other Chinese companies are reported to be...
Alibaba and three other Chinese companies are reported to be interested in the takeover of AC Milan. The famous Italian football club is also said to be the target of a crowdfunding initiative in China intended to raise at least $1 billion for its acquisition by the general public and ...
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News briefs
Lyle & Scott has introduced Iconeme's beacon technology to the...
Lyle & Scott has introduced Iconeme's beacon technology to the mannequins in its flagship store on Carnaby Street in London. Customers download the Iconeme app on their mobile and once they have turned on Bluetooth, their smartphone can trigger beacons from a distance of up to 30 meters to receive ...
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Short stops
Under Armour has opened a Brand House in Chicago, its...
Under Armour has opened a Brand House in Chicago, its fourth store in the U.S. and the first to offer the UA Hunt and UA Fish product ranges, as well as a wearable technologies bar based on the UA Connected Fitness platform
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Short stops
Sport Partner reports that Daka Sports, an influential sports retailer...
Sport Partner reports that Daka Sports, an influential sports retailer in Rotterdam, welcomed about 300 guests earlier this month to celebrate its 50th anniversary at the clubhouse of Hockeyclub Rotterdam with a symposium titled “Another 50 years,” featuring several speakers specializing in retailing and innovation
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Short stops
Golfino has opened a new store in the trendy Schwabing...
Golfino has opened a new store in the trendy Schwabing district of Munich, but it will move a year from now to a new location in the city
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Article
Adidas sets a €22 billion sales target
Speed, cities and open sources are some of the key words in “Creating the New,” the five-year strategic plan outlined by managers of the Adidas Group at their investor day conference, which was held at the company's head office in Herzogenaurach last Thursday, March 26.The wide-ranging plan aims to lift ...