Retail insights from the sporting goods industry – Page 3
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ArticleLeadership shift aligns Decathlon UK and Ireland
The sporting goods retail giant has unified its UK and Irish operations under a single leadership structure, signaling a new strategic phase.
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ArticleNew growth for Norwegian sports market
The sports industry experienced a correction after the pandemic. Sports chains reported a 3.9 percent decline in sales for 2024. Running and outdoor activities are trending.
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ArticleAmerica’s first Skechers Performance Store opens in Miami
Skechers is picking up speed at its largest factory mall store in the world, an immersive performance experience that opened August 29 at Dolphin Mall in Miami.
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News briefsMost Foot Locker shareholders opt for Dick’s stock
Ahead of their upcoming merger, a large majority of shareholders in a US-based sports retailer chose stock over cash compensation.
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ArticleOn brings LightSpray innovation to Berlin
The Swiss performance brand is bringing its new robotic shoe innovation and immersive art installation to Kraftwerk Berlin from Sept. 19–21.
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News briefsCraft opens shop-in-shop at Galeria in Munich
The Swedish performance sportswear brand opens a new location at Galeria Marienplatz.
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ArticleDecathlon France outpaces market with sales growth
The French sporting goods giant is gaining market share through price cuts, strong category growth and a major back-to-school campaign.
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ArticleFoot Locker reports wider Q2 operating loss; European comps slip
In the company’s likely last Q2 report as a stand-alone entity, Foot Locker failed to meet its revenue projection, as total sales fell 2.4 percent to $1,851 million from $1,896 million.
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News briefsDick’s extends exchange offer deadline for notes
The sporting goods retailer has extended its exchange offer for Foot Locker’s senior notes ahead of the planned merger closing.
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News briefsDecathlon expands urban store concept in Paris
The sporting goods retailer has opened its third “City”-format store in Paris, furthering its expansion into high-traffic urban locations.
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News briefsDecathlon Spain to open football sections
Decathlon’s Spanish division is shifting its retail strategy by opening 18 football-focused store sections in September, totaling 4,000 sqm.
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News briefsDick’s-Foot Locker merger clears final hurdles
The US retailers move closer to finalizing their merger after receiving antitrust clearance and setting a shareholder election deadline.
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News briefsNew Marketing Director at Hervis
The Austria-based retailer has hired Marco Harfmann to drive brand strategy and digital growth.
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ArticleFoot Locker shareholders approve merger with Dick’s Sporting Goods
The investors of the major US shoe retailer voted in favor of a takeover by Dick’s Sporting Goods at a special meeting on Aug. 22.
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ArticleH&M debuts in Brazil, with more to come
Swedish fast-fashion retailer H&M, which has closed 50 stores over the last three months, is testing new tactics to improve profit margins. With the entry into Brazil’s huge market, the company seeks new sales opportunities.
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News briefsOn unveils Tokyo flagship and Labs innovation hub
The Swiss premium sportswear brand is marking its Tokyo expansion in September with new retail, innovation and athlete-driven events.
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News briefsHoka opens first German flagship store
The US performance footwear brand has entered the German retail market with a Berlin flagship location designed to blend innovation and community.
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News briefsIntersport Spain liquidating
Banks and creditors having declined to approve its restructuring plan, Intersport Spain has been ordered by the court in Barcelona to enter liquidation, as Palco23 reports. The company – consisting of Intersport S.L., Intersport Retail One and Intersport CCS – filed for insolvency in February. Among the elements of the ...
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News briefsBoozt names Sofia Issakainen Women’s Director
The Nordic e-commerce group has appointed a seasoned fashion executive to lead its largest fashion category.
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ArticleGrupo SBF makes investments in Centauro, Fisia
Brazil’s Grupo SBF posted higher Q2 revenues across its banners, but profits fell as the company ramped up investments in Centauro and Nike distributor Fisia.