Retail insights from the sporting goods industry – Page 28
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ArticleFrasers Group boosts board with key appointments
Frasers Group is keeping its foot on the pedal. Now, it has announced new names to its board.
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News briefsOn expands global retail reach with new store in Portland
Swiss performance sportswear brand On revealed plans for its latest store opening in Portland, Ore., marking a significant step in its ongoing global retail expansion. Scheduled for Saturday, Feb. 24, the store will debut on NW 23rd Avenue, situated just a mile from the brand’s Americas headquarters. Britt Olsen, GM ...
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C-Suite InterviewSports Direct launches Outdoor concept, starting in Cardiff
Sports Direct is expanding its offerings and launching a new Outdoor concept, starting in Cardiff, the retail giant’s flagship location.
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ArticleIIC reports another successful year
Intersport International (IIC) closed 2023 with retail sales totaling €13.7 billion. This matched the previous year’s record result despite a very challenging business environment. At the end of the calendar year, the Switzerland-based group had a network of 5,381 stores worldwide, an increase of 72 stores compared to the previous ...
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News briefs
Sports Direct integrates On products in flagship stores
After a long time, Sports Direct will finally integrate On in their flagship stores.
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News briefsJordan Brand opens its first concept store in US
Nike is gearing up to introduce its first Jordan Brand concept store in the US, with Philadelphia set to host the “World of Flight” theme. The project, revealed through documents submitted to the Philadelphia Historical Commission, involves the transformation of a 1921, 7,000 square foot building into a destination for ...
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News briefsMarks & Spencer adds Puma and Reebok to its brand offer
British retailer Marks & Spencer (M&S) has announced that Puma and Reebok are joining The Sports Edit, its dedicated sportswear platform on M&S.com. More than 140 products from the two brands will be added to M&S.com throughout February and March. Reebok will be available on M&S.com from February, with Puma ...
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News briefsSkechers surpasses 5,000 retail locations, aims for 10,000
With a recent opening in Bogotà, Skechers has surpassed 5,000 Skechers-branded retail store locations throughout more than 120 countries. In 1992, the company opened its first-ever Skechers store in Manhattan Beach, near its corporate offices. Its first international store was then inaugurated in Japan. Every location features the same look, ...
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News briefsHeydude embarks on outlet expansion plan
Heydude is embarking on an aggressive expansion plan to increase its number of outlets. In 2024, the company plans to open 30 new outlet stores, a significant jump from the five opened in the past six months. The surge in outlet openings stems from a strategic shift in 2023. “We’re ...
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C-Suite InterviewInterview with Kant’s VP: “The holy place is never empty”
An interview with Maxim Vinogradov, VP of Russia’s retailer Kant.
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ArticleAbsolute Run Kaufmann opens in Heilbronn
Absolute Run Kaufmann will open in Heilbronn, Germany, on Feb. 22, 2024. Behind the freshly converted store are Sport 2000 GmbH and partner Schuhhaus Kaufmann. The store in the city center, with 200 sqm of retail space, is the first Absolute Run store in the state of Baden-Württemberg. The Managing ...
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News briefsPuma steps into the digital future with Touchtech partnership
Touchtech, a platform renowned for its sales assistance tools, has announced a collaboration with Puma Group. The move reflects Puma’s commitment to digitalization in a rapidly evolving retail landscape. Andres Castro, Team Head of Customer Connectivity at Puma Group, emphasized the importance of digitalization to meeting the evolving needs of ...
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News briefsJD Sports plans flagship store in Munich
British sports fashion retailer JD Sports has secured itself a prime location in Munich for its largest German flagship store to date. Now that the German sports chain SportScheck will soon have to give up its flagship store in Munich’s pedestrian zone in the city center (Neuhauser Straße) following the ...
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News briefsDecathlon sells 82 European stores
Decathlon has signed a leaseback deal for the sale of 82 of its stores in Europe with an American publicly traded real estate investment trust (REIT) called Realty Income. According to CMDsport and other sources, the sale price was €527 million. The stores are located in Germany, France, Spain, Italy ...
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News briefsFútbol Emotion posts 64 percent revenue increase
Spanish retailer Fútbol Emotion saw its revenues jump by 64 percent in 2023 to €82 million, Palco23 has reported. The company has almost tripled its sales in just two years, after posting a turnover of around €30 million in 2021. Half of the company’s turnover is generated through e-commerce, while ...
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News briefsIn Paris, Arc’teryx opens shop-in-shop ahead of flagship
Outdoor apparel brand Arc’teryx has opened an 80-square-meter shop-in-shop on the ground floor of La Samaritaine, the department store on Paris’s Rue de Rivoli. The retail space, inaugurated on Feb. 9, showcases a range of functional and performance items from the brand’s spring/summer 2024 collection. Arc’teryx will soon open ...
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News briefsCisalfa inaugurates large store, plans 10 openings in 2024
Cisalfa Sport has opened a new store in Rovereto, in Italy’s mountain region of Trentino Alto Adige. It is the retailer’s first store opening in 2024. The new 1,500-square-meter store sells sportswear, activewear and citywear from more than 100 brands. The store reportedly represented an investment of nearly €700,000, according ...
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News briefsAlo Yoga strengthens its Canadian retail presence
American activewear brand Alo Yoga has opened its first store in the Canadian province of Quebec. The new 490-square-meter outlet, inaugurated on Feb. 2, is located at the CF Carrefour Laval shopping mall. Alo Yoga, known for its yoga and wellness collections, opened its inaugural Canadian store at CF Toronto ...
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News briefsCastore opens a new concept store in Dublin
Castore has unveiled its new flagship concept store on Grafton Street in Dublin. Spreading over 157 square meters on two floors, the store features the brand’s own products, including the Light Collection and the new Reiss x Castore SS24 collaboration. Shoppers can purchase teamwear from Leinster, FAI, McLaren and Red ...
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News briefsJD Sports halts compensation, sparks retail bankruptcy
The parent company JD Sports Fashion Plc made the decision to cease compensating the losses of Sports Unlimited Retail in November 2023. As a result, Sports Unlimited Retail filed for bankruptcy. JD Sports, the parent company of Aktiesport, Perry Sport and Sprinter shops in the Netherlands, has been experiencing significant ...
