Retail insights from the sporting goods industry – Page 170
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News briefs
The first permanent European physical store of Timbuk2 has opened...
The first permanent European physical store of Timbuk2 has opened in Reykjavik, the capital of Iceland. It features an area for the customization of messenger bags, which will be made in San Francisco and delivered within 7 to 10 days.
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News briefs
The Adizero 99g was launched by Adidas last month as...
The Adizero 99g was launched by Adidas last month as the world's lightest football boot. The retail launch consisted of just 299 pairs of men's shoes in size 9, as part of the Limited Collection series of super-small drops. With about half the weight of standard football cleats and less ...
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News briefs
Net-a-Sporter, the activewear section of the Net-a-Porter web store launched...
Net-a-Sporter, the activewear section of the Net-a-Porter web store launched last July, is reportedly registering higher sales results than expected. The number of brands offered on the website has risen from 16 to 61. According to WWD, 60 percent of the offer consists of sports-inspired lifestyle products. They are relatively ...
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News briefs
Vibram has revamped its store in Boston's Newbury Street, adding...
Vibram has revamped its store in Boston's Newbury Street, adding a “Sole Factor” space where customers can customize their shoes with a variety of Vibram soles. It also features a new gallery displaying more than 150 pairs of shoes developed with Vibram soles since the original “Carrarmato” sole introduced by ...
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Article
Adidas Group regains impetus
The Adidas Group has delivered a vigorous sales and profit increase for the first quarter, with improvements in all markets other than Russia and the golf business. The group's sales jumped by 17.3 percent to €4,083 million, which was an increase of 9 percent in constant currencies, and its underlying ...
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Article
New Adidas reporting reveals regional margins
A new reporting structure adopted by the Adidas Group delivers unprecedented details about the company's sales and profit margins by brand and by regional unit – revealing just how juicy its business is in Russia and China and the distance between the Adidas and Under Armour brands in North America ...
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Article
Adidas stores to phase out plastic bags
The Adidas Group has inked a partnership with Parley for the Oceans, an initiative that is meant to preserve oceans through education and research as well as direct actions against plastic pollution in the oceans.It should lead to the creation of materials made out of ocean plastic waste, to be ...
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News briefs
While selling Rockport, the Adidas Group is said to be...
While selling Rockport, the Adidas Group is said to be investing in Bucketfeet, a new and innovative American brand of canvas sneakers along with Gordon Segal, founder of Crate & Barrell, and others. Adidas, which is apparently making the investment through a fund called Hydra Ventures, declined to comment on ...
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News briefs
The Adidas Group confirms reports that Tina Rolén, brand director...
The Adidas Group confirms reports that Tina Rolén, brand director at Adidas Nordic, is leaving the company. She joined Adidas in 2005 and has been in her latest job since 2012. Rolén was distinguished by Sportfack as Businesswoman of the Year in 2014 and she is the highest-ranking woman in the ...
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News briefs
Adidas has teamed up with Spotify to create the first...
Adidas has teamed up with Spotify to create the first running app that matches a runner's speed. The new Adidas Go uses the smartphone's accelerometer to monitor the user's stride and then automatically plays tracks with matching beats per minute from Spotify's music library. The app also allows runners to ...
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News briefs
Adidas' partnership with Bayern Munich FC, which was due to...
Adidas' partnership with Bayern Munich FC, which was due to expire in 2020, has already been extended for another ten years until 2030. The Wall Street Journal estimates that the deal with the new German Bundesliga winners is worth about €900 million, which reportedly compares with €25 million per season ...
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News briefs
Intersport Sverige has launched a click & collect application in...
Intersport Sverige has launched a click & collect application in its store at Stockholm's Arlanda airport and at four other locations in the Swedish capital. Working with a Swedish company, Welcom, it has a developed an app that allows customers to select the products that they want to order with ...
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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 ...
