Retail insights from the sporting goods industry – Page 186
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News briefs
Mizuno has opened the first of a series of 50...
Mizuno has opened the first of a series of 50 running specialty stores that it wants to have in Mainland China by the end of 2015. They are expected to contribute annual revenues of 1.5 billion yen (€188.1m-$241.3m). Located in Shanghai, the first such store features running stations for training ...
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News briefs
Runners Point, the German retail chain for athletic footwear and apparel,...
Runners Point, the German retail chain for athletic footwear and apparel, has launched a new retail format called Runners Point World of Running. It has been implemented in a new flagship store of 500 square meters opened this week in the Thier Galerie, a shopping mall in Dortmund. Described as Europe's ...
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News briefs
Ignoring the shakeup in the Austrian sporting goods retail landscape...
Ignoring the shakeup in the Austrian sporting goods retail landscape caused by Sport Eybl & Sports Experts' crisis, one of its competitors, Hervis Sports, has announced ambitious plans for expansion inside and outside Austria. The chain, a subsidiary of the Spar food chain, plans to open 10 new doors in ...
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News briefs
Décathlon has reportedly signed a deal with a major Chinese...
Décathlon has reportedly signed a deal with a major Chinese real estate company, China Vanke, to help develop its presence in second- and third-tier cities in the country. The French retailer already has 57 stores in China, and they are mostly located in the larger urban areas, measuring between 4,000 ...
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Short stops
Avenue Way is opening the first Li-Ning store in the...
Avenue Way is opening the first Li-Ning store in the Middle East, measuring 250 m², on Kish Island in Iran
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Short stops
The concept store of Le Coq Sportif in Barcelona has...
The concept store of Le Coq Sportif in Barcelona has received a prize because of its contribution to the renovation of the retail community in the city's ancient Barrio Gótico
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Short stops
Through a German partner, Dimensione Danza has opened its first...
Through a German partner, Dimensione Danza has opened its first German concept shop on Berlin's Kurfürstendamm
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News briefs
Foot Locker opened its 100th store in France at the...
Foot Locker opened its 100th store in France at the end of last year, according to sport-guide.com. It is located in a recently renovated shopping center at Claye Souilly, anchored by Carrefour, that also accommodates one of the ten JD stores in France. Foot Locker had only 83 stores in ...
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News briefs
The board of directors of Foot Locker, which has been...
The board of directors of Foot Locker, which has been faring well financially, has approved a $220 million investment program for the current year. That is far more than the $163 million spent last year. The money will be invested in various fields of expansion such as the development and roll-out of ...
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News briefs
Reportedly, Décathlon wants to freeze wages in Spain for the...
Reportedly, Décathlon wants to freeze wages in Spain for the next three years, in view of the difficult economic situation in the country, but the company declines to comment. According to another report in CMD, Spanish sporting goods retailers suffered the biggest sales decline in 15 years last year, but some ...
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News briefs
Intersport Germany adjusted its final figures on the group's 2012...
Intersport Germany adjusted its final figures on the group's 2012 retail sales, which we reported in December on a preliminary basis. In the end, the affiliated retailers increased their sales by 2.2 percent to €2.76 billion after VAT. According to Klaus Jost, joint president of the group, the last two ...
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News briefs
According to Frankfurter Allgemeine Zeitung, the leading German daily newspaper,...
According to Frankfurter Allgemeine Zeitung, the leading German daily newspaper, Andrew Jennings, chief executive of Karstadt, the big chain of department and sporting goods stores, has informed the company's staff about the generally challenging situation in retailing ? which has prompted Karstadt's competitors to reduce retail prices significantly to counter the ...
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News briefs
After opening new corporate stores in Lyon, France and Cologne,...
After opening new corporate stores in Lyon, France and Cologne, Germany, at the end of last year, The North Face will be opening four additional corporate stores in Germany, France and Poland in 2013. In March, a new store directly operated by TNF will be inaugurated in Düsseldorf, to be followed by ...
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News briefs
Schoenenreus, a Dutch discount retailer that sells predominantly sports footwear,...
Schoenenreus, a Dutch discount retailer that sells predominantly sports footwear, was declared bankrupt last month but its business was immediately restarted in a slimmed-down version. The company said that its owners, Synergia, Eric Companjen and Paul Schouwenaar, agreed to invest in the company for the next two years. The deal ...
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News briefs
The Sonae Group is placing Berg Outdoor, the private label of its...
The Sonae Group is placing Berg Outdoor, the private label of its Sportzone chain of sporting goods stores, at the disposal of other retailers and distributors worldwide. Since one year ago, it has been making it available to other retailers in Portugal and Spain. Berg exhibited at the Ispo Munich fair earlier this month for the ...
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News briefs
Fredrik Andreasson, chief executive of Team Sportia, the third-largest sports...
Fredrik Andreasson, chief executive of Team Sportia, the third-largest sports retail group in Sweden, is leaving the company, it was reported by Sportfack this Friday. Andreasson has spent more than three years at the helm of Team Sportia, a buying group with 127 stores. Team Sportia reinforced its market share ...
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News briefs
One of the major sporting goods retailers in Brazil, Grupo...
One of the major sporting goods retailers in Brazil, Grupo Paquetá, plans to raise the number of its sporting goods stores, called Paquetá Esportes, from 35 to 50 by the end of 2014. Coinciding with the football World Cup, which will be held in Brazil next year, the program includes ...
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News briefs
Sport Schuster, the large Munich-based downtown retailer, is starting the...
Sport Schuster, the large Munich-based downtown retailer, is starting the celebration of its 100th anniversary by closing a shop, a single-brand store of The North Face with a selling surface of 280 square meters. The store, where clearance sales are being held now, will be taken over by the brand's ...
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News briefs
Nico van Offeren, former head of Intersport Nederland, has teamed...
Nico van Offeren, former head of Intersport Nederland, has teamed up with another specialist to launch Friends of Retail, a consultancy focusing on sports retailing. His partner is André Wierper, whose career includes stints at Salomon, the Euro Shoe Group and Intersport Nederland. They will offer advice on such issues ...
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News briefs
Planet Sports, the leading multi-brand sports retailer in India, has...
Planet Sports, the leading multi-brand sports retailer in India, has inked a deal to become the exclusive Indian distributor of Pluggers, an Australian brand of thongs. India is the first country where the hip Pluggers brands will be distributed outside Australia. The tie-up was revealed earlier this month at an ...
