Retail insights from the sporting goods industry – Page 175
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News briefs
Hervis, the Austrian sporting goods retail chain, plans to open...
Hervis, the Austrian sporting goods retail chain, plans to open its second German store in Nuremberg later this year and is looking for other locations in the southern part of Germany. The chain, which belongs to the Spar group, had a turnover of €424 million in 2013. Besides its Austrian ...
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Adidas Originals is opening its third flagship store in Seoul,...
Adidas Originals is opening its third flagship store in Seoul, Korea, similar to those it operates in Berlin and Shanghai
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Flip Flop Shops, the 10-year-old American chain specializing in beach...
Flip Flop Shops, the 10-year-old American chain specializing in beach and sports sandals, has opened the first of 50 stores in the Middle East in Kuwait City through its local master franchisee, Al Mana Fashion Group
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News briefs
Base-Detallsport, the second-largest Spanish buying group, is inviting all the...
Base-Detallsport, the second-largest Spanish buying group, is inviting all the members of a regional splinter group, Giro 180, to rejoin the cooperative, which is said to be holding discussions with another buying group, Twinner. At the same time, Base is reportedly discussing a possible cooperation in purchasing with Intersport España. ...
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Trespass is reportedly planning to open stores in Germany, France...
Trespass is reportedly planning to open stores in Germany, France and five other European countries, but the management declines to comment on this project
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Yoox, the online retailer, is to expand its offering with...
Yoox, the online retailer, is to expand its offering with a range of sports clothing, comprising garments from the leading international brands as well as performance labels
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News briefs
Superga has opened several new mono-brand stores outside its domestic...
Superga has opened several new mono-brand stores outside its domestic Italian market in the last couple of months and signed distribution contracts for new markets. Its first mono-brand store in South America was opened earlier this month. The store is located in the JK Iguatemi mall in São Paulo and ...
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News briefs
Karstadt, the embattled German department store group, is bracing itself...
Karstadt, the embattled German department store group, is bracing itself for significant cost reductions and perhaps store closures, after several managers indicated that further restructuring measures would have to be taken at the company. This came after the abrupt departure of Eva-Lotta Sjöstedt, the company's chief executive, after just five ...
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News briefs
Sport Zone, the big Portuguese sporting goods retail chain owned...
Sport Zone, the big Portuguese sporting goods retail chain owned by Sonae Group, has launched its online store, offering some 25,000 different items. It has also launched a blog, connected with social networks, that will be updated daily. The new web shop is accessible to customers in Spain, where the ...
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News briefs
Sport Schuster, the big Munich-based sports retailer, has introduced a...
Sport Schuster, the big Munich-based sports retailer, has introduced a special new loyalty card for its customers. Instead of collecting points through their purchases, they collect “meters of elevation.” Registered card-holders get two meters for every euro spent. Once they reach a certain altitude, they obtain a special discount. For ...
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News briefs
El Corte Inglés, the Spanish retailer, has appointed Manuel Pizarro...
El Corte Inglés, the Spanish retailer, has appointed Manuel Pizarro in the new function of vice president, focusing on finance. A former partner at the law firm Baker & McKenzie, Pizarro could help to deal with debt restructuring efforts set in motion by the Spanish retailer about a year ago, ...
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Article
Adidas accepts trading on marketplaces
This apparent turnabout comes just as the German Cartel Office has agreed to shelve its anti-trust challenge against Adidas after the company agreed to stop banning sales of its products on third-party internet marketplaces such as Amazon and eBay as well as local platforms such as Rakuten.de, Tatego.de, Hitmeister.de and ...
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News briefs
For the first six months of 2014, Intersport Germany reported...
For the first six months of 2014, Intersport Germany reported an overall sales improvement of 4 percent against the first half of the previous year. Running was up by 22 percent and team sports soared by 32 percent thanks to the football feast in Brazil. With an increase of 4 ...
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News briefs
From the start of next year Sport 2000 Germany will...
From the start of next year Sport 2000 Germany will be the official competence partner of the German athletics federation (DLV). Sport 2000 will be the sole retail partner for laufen.de, the website supported by the DLV, allowing it to provide relevant updates about product trends and other tips. These ...
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News briefs
Jack Wolfskin is using technology to track visitors to its...
Jack Wolfskin is using technology to track visitors to its stores. The Kinect technology, which is normally used for the Xbox One video game console and which reacts to the slightest movement by means of a sensor, a 3D microphone and a color camera, will be installed in all 890 ...
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Le Coq Sportif has opened a store in the Morumbi...
Le Coq Sportif has opened a store in the Morumbi shopping mall of São Paulo, Brazil, through its local licensee, SPR, which also works with Kappa
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Asics is planning to open a store with an Asics...
Asics is planning to open a store with an Asics Running Lab in Paris before the end of this year, similar to those it has at major locations in London (Oxford Street), Barcelona (Avenida Diagonal) and Amsterdam (Stadhouderskade)
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News briefs
Décathlon continues to expand in Eastern Europe and Asia. Confirming...
Décathlon continues to expand in Eastern Europe and Asia. Confirming a report in Sport-Guide, Décathlon says it plans to enter the Croatian market towards the end of this year with a 3,500-square-meter store in Zagreb. It will likely be supplied out of Hungary, where Décathlon already has 12 stores. The ...
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Under Armour's biggest store will open on Chicago's “Magnificent Mile”...
Under Armour's biggest store will open on Chicago's “Magnificent Mile” in March 2015, covering 9,000 square meters of retail space
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Article
GoPro, Alibaba shake the stock market
GoPro went through one of the most successful public offering on the Nasdaq stock exchange in recent times. The shares were priced at $24 last Wednesday, at the high end of a previously set range of $21-24, valuing the young American action camera company at $2.96 billion. However, the stock ...