Retail insights from the sporting goods industry – Page 59
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News briefsDeporvillage installs solar panels at its new headquarters
Sports e-tailer Deporvillage has completed the installation of 286 solar panels on the roof of its new offices in Sant Fruitós de Bages (Barcelona). The company moved to its new 2,600-square-meter headquarters, from the previous one in Manresa, earlier this year, as also reported by SGI Europe at the time. ...
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ArticleChallenging market conditions continue to weigh on XXL ASA
XXL ASA, the operator of sporting goods across Scandinavia and Austria, continues to see historically low consumer confidence and diminished demand for sporting goods, in general, weigh on its financial results. Earlier, the group said the two trends commenced in mid-May. Now, the retailer, which recently promoted CFO Stein Eriksen ...
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News briefseBay and Inter Milan partner on new e-commerce deal
Italy’s Serie A team Inter Milan has announced a partnership deal with eBay for the 2022/23 season. The agreement will see Inter open a dedicated club shop on the e-commerce platform. eBay recently agreed to a three-year deal with the Italian Football Federation (FIGC) to become a premium partner of ...
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News briefsAdidas opens second flagship in Mexico City
Adidas has opened its second brand store in Mexico City on one of the busiest and most prestigious streets in the city, Presidente Marasyk Avenue. In a press release, Adidas said that the new store focuses mainly on running, a rapidly growing sport in the country, as well as Adidas ...
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ArticleZalando expands range to include adaptive fashion
Zalando is expanding its range to clothing, shoes and accessories that are geared to the needs of people with disabilities and are deliberately designed to be easier to use by people with permanent or temporary impairments. The addition of adaptive fashion to its product range is an important milestone for ...
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News briefsOMA / AMO create new retail identity for Stone Island
OMA and AMO (the Office for Metropolitan Architecture and its research and design studio) are collaborating with Stone Island to design a new identity for the Italian luxury brand’s stores. The new store concept envisions altar-like spaces, with niches for archival pieces and prototypes, “concrete slabs” of pressed shredded paper ...
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News briefsBrightpearl releases lists of fastest-growing U.K. online retailers and U.S. DTC brands
Brightpearl, a Bristol (U.K.) and Austin, Texas-based retail operating system owned by U.K. enterprise software giant Sage, has released its lists of the fastest-growing online retailers in the U.K. and the fastest-growing D2C brands in the U.S (”‘Lightning 50”). While a beer brewing brand (Pinter) tops the U.K. list with ...
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News briefsStockX appoints head of brand protection
Source: StockX Paul Foley Sneaker marketplace StockX has appointed Paul Foley as head of brand protection, reporting directly to chief supply chain officer Sean McCartney. Foley will lead the company’s product verification efforts. He brings more than three decades of experience in brand protection, global operations and ...
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Case StudyHow Signa Sports United is building the sports commerce & tech platform of the future
SSU – which says that the most powerful digital platform will “win the game” – is also helping customers consolidate their technological prowess.
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ArticleMobilization spurs demand for sports and outdoor products on the Russian market
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
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News briefsLi Ning with high single-digit growth in Q3
Chinese sportswear giant Li Ning Company Ltd. reported that sales across its entire platform, excluding Li-Ning Young stores, grew in the high single digits year-on-year in the third quarter. Broken down by sales channel, directly operated retail stores posted a mid-single-digit increase, while franchised distributor sales posted a high-single-digit increase. ...
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News briefs
Swiss Sport 2000 winter campaign 22/23 banks on gamification
Sport 2000 Switzerland is running its winter campaign this year in collaboration with 28 winter sports brands. To increase the visibility of retailers and their offers online, the campaign relies primarily on advertising on Instagram and Facebook. The product and store campaign will be played out in ...
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News briefsAmazon goes live with Belgian site
Amazon has launched the Belgian online store Amazon.com.be, through which Belgians can now become members of Amazon Prime, the e-commerce company announced. In addition, “Brands of Belgium” (La boutique des marques belges) is intended to bring local customers together with local companies. In the online store, Belgian customers can currently ...
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News briefsDispute over “Black Friday” trademark in Germany ends
The trademark “Black Friday” was declared revoked by the Berlin Appellate Court on Oct. 14, 2022, with retroactive effect from April 25, 2019. The court thus confirmed the trademark cancellation for all goods and services that had not already been canceled by the German Federal Patent Court (BPatG). The German ...
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ArticleIntersport Germany launches new brand campaign; new report underlines social relevance of sports
Intersport Germany is underlining the enormous social importance of sports with a new brand campaign. The sporting goods retailer has already been campaigning to increase access to sports for years. Now, the group is launching “Einmal Sport. Intersport.“ (a pun on “Once sport. Always sport”), a highly emotional and polarizing ...
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News briefsStadium hires new head of exclusive brands
Source: Stadium Dennis Majer, new head of exclusive brands Swedish sporting goods retailer Stadium has hired Dennis Majer as the new head of its exclusive brands, which include the Everest and Soc labels. Majer has 20 years of experience in the retail, fashion and sports business. He ...
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News briefsBlibli’s parent aims to raise €540m in IPO
Global Digital Niaga, the parent company of the Indonesian e-commerce company Blibli, aims to raise as much as €540 million in its initial public offering next month, according to the company’s prospectus. The company plans to sell up to 17.77 billion shares, or 15 percent of its total capital, at ...
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News briefsNordic countries weigh on Footway’s results
Habit.se reports that Swedish e-commerce company Footway Group posted an operating loss of SEK 13.5 million (€1.2m) in the third quarter, compared with SEK 0.8 million (€72,700) in the corresponding period last year. Overall, the company posted sales of SEK 261.6 million (€23.8m) in the third quarter – SEK 76.3 ...
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News briefsJD Sports acquires another 18% in Deporvillage, how holding 98% of the online retailer
Following the group’s announcement in June 2021, JD Sports Fashion announced that Iberian Sports Retail Group (ISRG; the group’s existing 50.02 percent intermediate holding company in Spain) has acquired an additional 18 percent holding in the issued shares of Deporvillage from co-founders Xavier Pladellorens and Àngel Corcuera for a cash ...
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News briefsSports Direct could move to new headquarters
Frasers Group, the parent company of Sports Direct, is “exploring options” for a new Sports Direct site, the BBC website has reported. The move would be part of a long-term plan for a massive development on the edge of Coventry, West Midlands, that Frasers has recently outlined, allowing the group ...
