Retail insights from the sporting goods industry – Page 2
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News briefsSport 2000 opens more Absolute Run stores
On July 4, 2024, a new Absolute Run store opened in Aschaffenburg, Germany. With over 240 sqm of retail space, owners Cristina Aulbach and Thomas Kießling offer customers numerous running brands such as Asics, Adidas, Brooks, On, Hoka, Karhu, Saucony and New Balance and thus a suitably large and specialized ...
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News briefsNike opens another store in Barcelona
Nike is opening an 800-sqm store at the Aura building at Francesc Macià Plaza in Barcelona, Spain, according to Palco23 and Expansión. The building was home to El Corte Inglés until 2021. That retailer’s grocery store is still operating on the premises. This is Nike’s second-biggest store in the city, ...
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ArticleBase Detall Sport signals willingness to negotiate with Intersport Spain
The CEO of Base Detall Sport, Miquel Calzada, has told CMDsport that the Spanish buying group is ready to join forces with Intersport Spain or, indeed, any other party as long as it serves a common purpose. Base Detall Sport will not, however, be making the first move. “We, for ...
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ArticleFootway transfers e-commerce to new corporate group
Swedish Footway Group AB announced on July 4 that it is separating its e-commerce business as part of a strategic review. The separation is in line with the company’s efforts over the last four years to split e-commerce and platform into separate business areas. The company’s platform has grown significantly ...
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News briefsJD Sports’ COO steps down
Retail Gazette reports that Sherilyn Paterson, COO of JD Sports, will leave the retailer after 12 years. Paterson, who was promoted to COO last year, will step down for personal reasons. Before taking on the COO position, her roles at JD Sports included Merchandising Director and Group Operations Director.
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News briefsAdidas launches its The Pulse retail concept in the UK
Adidas is introducing its premium store format, dubbed “The Pulse,” in the UK with two locations in Edinburgh and Glasgow. A 1,000 sqm store has just opened at Fort Kinnaird in Edinburgh. It is the third The Pulse store to open in Europe, with other locations in Germany and Italy. ...
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News briefsGolden Goose introduces summer retail concept
Italian luxury sneaker brand Golden Goose is unveiling Bar Golden, a new retail experience inspired by the Italian culture and design of the 1960s. The new concept is launching in the seaside resorts of Forte dei Marmi, Italy, and Bodrum, Turkey. The stores showcase a selection of vintage objects such ...
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News briefsAmazon reportedly plans to launch Chinese goods discount store
According to the Financial Times, Amazon aims to include a new discount section on its app’s homepage with products from Chinese warehouses that can be delivered to shoppers in nine to 11 days. The news comes as Amazon faces intensifying competition from Chinese e-commerce platforms like Temu and Shein. The ...
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News briefsShops 1st Try relocates
After ten years, Shops 1st Try, Europe’s largest B2B snowboarding demo, is moving 35 kilometers from Alpbachtal to a new location in Hochfügen in Austria’s Ziller Valley. The date remains the same: January 19-21, 2025. The new location is divided into two areas: the On-Snow Demo and Exhibition Area in ...
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News briefsFoot Locker relaunch the FLX Rewards Program
Foot Locker unveiled an enhanced FLX Rewards program and announced upcoming upgrades to its mobile app, marking key milestones in the company’s Lace Up strategy, its strategy to drive sustainable and profitable growth. Based on extensive consumer insights, the revamped FLX Rewards program introduces FLX Cash, which allows customers to ...
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ArticleAI fashion catalog promises to save time and money
A London-headquartered start-up founded in 2022, Truss, is cataloguing the world’s clothes, or at least the share of it produced by fashion houses. As Truss sees things, its product is useful for e-commerce and resale, for fashion brands themselves and for marketplaces, but also for insurers, which require proper appraisals ...
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ArticleApple seeking cheaper alternative to its VR headset
Apple appears to be directing its efforts away from a second edition of its Vision Pro headset and toward a cheaper version, according to Mac Rumors, which cites reporting by The Information. The Vision Pro’s retail price is $3,499. (The 14-inch MacBook Pro, by comparison, ranges in price from $1,599 ...
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News briefsUlrich Hanfeld takes over sole management of Hervis
Source: Hervis Dr. Ulrich Hanfeld Austrian sporting goods retailer Hervis is taking the next step in its ongoing restructuring: By the end of June 2024, Dr. Ulrich Hanfeld will assume sole responsibility for the management board. The retail professional was brought into the company at the beginning ...
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ArticleUnisport opens first store in Germany
Unisport, an e-tailer for soccer equipment with a solid social media presence, has opened its first physical store in Germany at Neuhauser Straße 5 in Munich’s city center. Unisport has been operating a successful e-commerce platform in Germany since 2016. “We are delighted to be able to offer our German ...
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ArticleIntersport, Decathlon largest clothing retailers in France
Over the past 24 years, the sporting goods chains Intersport and Decathlon have become the leading retailers of clothing in France, overtaking hypermarkets, which used to control a combined 20 percent of the clothing market in 2000, according to the study Référenseigne Fashion carried out by Kantar, a group of ...
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News briefsIntersport Spain announces Rafael Barbé as new commercial director
Two months after the departure of its Director General, Ángel Solores, Intersport Spain has appointed Rafael Barbé as its new Commercial Director, Modaes.com has reported. Barbé has 29 years of experience in management consulting, with roles at A.T. Kearney and Accenture, among others. Ever since Solores’ departure, Maite García, President ...
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News briefsDecathlon UK makes £2m loss, invests £10m in restructuring measures
Decathlon UK reported a 5 percent drop in sales and a 2.5 percent sales decline on a same-store basis in 2023. The British arm of the French-based retailer experienced a full-year loss of £2 million (€2.37m) after investing £10 million (€11.8m) in transformation initiatives. The results were also affected by ...
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News briefsAuthentic Brands announces partnership with Cart.com
Source: Cart.com Cart.com, a provider of unified commerce and logistics solutions, today announced a strategic partnership with Authentic Brands Group. Through the partnership, Cart.com will provide scalable, omni-channel customer support and merchant-of-record services across portions of its portfolio of e-commerce brands. Cart.com’s customer engagement solution creates seamless ...
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News briefsAuthentic Brands Group hires GM for Africa
Source: Authentic Brands Group Warren Bowers, General Manager Africa Warren Bowers, a 25-year veteran in the fashion, outdoor and sports sectors, has joined Authentic Brands Group as General Manager of the company’s Africa region. In this newly created position, Bowers will oversee Authentic’s expansion across the continent ...
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News briefsStockX halts 400,000 suspected fakes in 12 months
The online marketplace StockX reports in its Big Facts: The Verification Report, which covers the twelve months to May 31, 2024, that it used its verification methods to reject over 400,000 suspected counterfeit products worth almost $85 million. This is around 100,000 more counterfeits than in the previous year. In ...
