Retail insights from the sporting goods industry – Page 172
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News briefs
Nike is to replace Adidas as the sponsor of the...
Nike is to replace Adidas as the sponsor of the University of Michigan for its sports uniforms. The organization issued a statement saying that Nike was to become the Michigan Wolverines' official athletic footwear, apparel and equipment provider, starting from the beginning of August 2016 and until 2027, but with ...
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Intersport UK has implemented supply chain adjustments that have enabled...
Intersport UK has implemented supply chain adjustments that have enabled it to drastically reduce delivery times, Sports Insight reports. Without access to the inventory, retail members previously had to call for replenishment. To get the changes started, seven points of sale were integrated with the central inventory. The buying group ...
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The franchised Columbia store in Chamonix has reopened after a...
The franchised Columbia store in Chamonix has reopened after a major refitting, a few weeks before the Ultra'Trail du Mont Blanc (UTMB), the big race of which the brand has become main sponsor
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News briefs
The Go Sport Group, which already has a strong presence...
The Go Sport Group, which already has a strong presence in Poland through its full-line Go Sport stores, has opened the first store in the country for its athletic footwear chain, Courir. The store is located in the Galeria Mokotów in Warsaw. As in France, Courir will be supported by an ...
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New Balance will reportedly open a second shop in Barcelona...
New Balance will reportedly open a second shop in Barcelona
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News briefs
Zalando's listing on the Frankfurt Stock Exchange has been upgraded...
Zalando's listing on the Frankfurt Stock Exchange has been upgraded from the SDAX to the MDAX index of the 50 major German mid-cap companies. The market capitalization of the company has risen by 40 percent since it went public last October on the strength of its improved financial results.
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Munich, the Spanish brand of sneakers, plans to open seven...
Munich, the Spanish brand of sneakers, plans to open seven stores in China this year
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News briefs
Himaraya, the large Japanese sporting goods retail chain, reports a...
Himaraya, the large Japanese sporting goods retail chain, reports a 52 percent increase in net income to 637 million yen (€4.7m-$5.2m) for the third quarter ended May 31 on 7 percent higher revenues of ¥20.23 billion (€150.6m-$166.4m). The gross margin inflated by 1.6 percentage points to 38.0 percent for the ...
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News briefs
Peter Cowgill, executive chairman of JD Sports Fashion, is reported...
Peter Cowgill, executive chairman of JD Sports Fashion, is reported to have said that he would like to see its format rolled out in every major European city. Apparently he made the statement when opening a new 34,500-square-meter flagship store for JD at 201-203, Oxford Street in London. It is ...
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Nike's largest store in India to date has opened on...
Nike's largest store in India to date has opened on 7,355 square feet of space in Bengaluru
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News briefs
Direct Golf, the U.K. golf retailer that is partly owned...
Direct Golf, the U.K. golf retailer that is partly owned by Sports Direct International (SDI), boasts that it is on target to achieve a record financial year after a tenth consecutive month of turnover growth. Its sales jumped by 27 percent in June compared with the same month last year ...
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Everlast is opening its first three stores in the U.S.,...
Everlast is opening its first three stores in the U.S., all three of them in Florida
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Hervis Sports has opened its fourth store in Germany, on...
Hervis Sports has opened its fourth store in Germany, on about 1,000 square meters in Amberg and offering all sorts of multi-channel options
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Article
Nike overtakes Adidas in apparel
For the first time in its history, the Swoosh overtook the Three Stripes last year in terms of invoiced sales in the global sports apparel market, whose growth accelerated to 4.3 percent from 0.9 percent in 2013. Both companies, as well as the sports apparel market overall, benefited from the ...
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Article
Zalando takes over Bread & Butter
The giant e-tailer based in Berlin has signed a letter of intent to buy the insolvent company that manages the Bread & Butter fashion show in the German capital. The fair is working on a new concept that should involve consumers, which are Zalando's primary target, but it's not sure ...
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News briefs
By the beginning of August, Intersport Deutschland is set to...
By the beginning of August, Intersport Deutschland is set to have completed the integration of all the remaining 15 Sportpoint stores that it bought at the end of last year. Three have been closed. Some of the remaining stores will be operated by its Intersport Voswinkel chain. Sportpoint's founder, Wolfgang ...
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News briefs
Maloja, the German sportswear brand, has opened its first store...
Maloja, the German sportswear brand, has opened its first store in South Korea, located in Seoul's Gangnam area, covering 300 square meters.
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Willy Kühme, the owner of the German Sport Fundgrube chain...
Willy Kühme, the owner of the German Sport Fundgrube chain of off-price stores, is reportedly considering the conversion of some of them to franchises
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JD Sports has signed a ten-year lease for a new...
JD Sports has signed a ten-year lease for a new flagship store in Scotland, located in the St. Enoch Centre of Glasgow
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Adidas has signed up a 21-year-old French tennisman, Lucas Pouille...
Adidas has signed up a 21-year-old French tennisman, Lucas Pouille
