Retail insights from the sporting goods industry – Page 63
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News briefsDecathlon Germany bundles stores in Karlsruhe
Decathlon is represented in Germany with more than 80 stores and continues to adapt its store network to customer needs and local conditions. The Decathlon store in the Postgalerie in Karlsruhe will therefore move with its 45 employees on Oct. 1 to the Decathlon store in Karlsruhe-Durlach, which is currently ...
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News briefs
Amazon launches new seller service to solve supply chain challenges
As part of Amazon’s investment in its warehousing and distribution network to support sellers and improve customer service, the online marketplace has introduced a new solution that allows sellers to use new, purpose-built facilities for bulk inventory storage and automated distribution called Amazon Warehousing & Distribution (AWD). Amazon says AWD ...
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News briefsDecathlon Italy moves Olmi store to Treviso Canova
Opened in 2005, the Decathlon Olmi store will move to Treviso Canova on Oct. 8, 2022, to expand its offerings. A larger sales area and a team of 60 employees will allow the retailer to offer more services, including the rental of bikes and e-bikes, skis, snowboards, canoes and kayaks, ...
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News briefsSports Direct’s owner wants to buy MySale
Frasers Group, the owner of Sports Direct, has made a cash offer for Australian off-price marketplace MySale, in which Frasers Group is already the largest shareholder. Frasers acquired a 28.7 percent stake in MySale earlier this summer, as reported by SGI Europe at the time. The retail group has now ...
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News briefsNike opens first flagship in West Africa
Nike has opened a 500-square-meter flagship store in Lagos. It is the brand’s first in Nigeria and the whole of West Africa. The store is powered by Hudson Brand Development Nigeria, a subsidiary of Hudson Holdings Group, the retail partner for Nike and other sports and fashion brands in the ...
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ArticleReducing energy costs in European retail: a colder, darker winter
With energy prices skyrocketing and the need to replenish gas reserves before winter, everyone is doing their part, and global energy conservation measures have already been taken in the retail sector. While customer service and satisfaction are top priorities in retail, stakeholders may be reluctant to engage in actions that ...
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News briefsPeloton Interactive partners with Amazon
Peloton Interactive, weeks after announcing 800 layoffs and on the eve of its fourth-quarter earnings release, has a new distribution deal in place for its bike, guide, select accessories and apparel with Amazon in the U.S. News of the Peloton-Amazon partnership sent shares in the interactive fitness company up 18.5 ...
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News briefsLululemon to open 700-square-meter store on Paris’ Champs-Elysées
Lululemon has signed a lease for a 700-square-meter space on Paris’ Champs-Elysées, according to Sport-Guide.fr. Zara Home previously occupied the space. The Canadian sports retailer reportedly plans to open the new Parisian store for Christmas 2022. Lululemon already has three stores in downtown Paris and a shop-in-shop at the Bon ...
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News briefsMarimekko launches marketplace for second-hand goods
The Finnish lifestyle design company Marimekko is launching a digital, community-driven marketplace for vintage and second-hand goods, called Marimekko Pre-loved. The launch is scheduled for Aug. 25. The platform is built in collaboration with the resale technology specialist Archive. To celebrate the launch, Marimekko will release a special selection of ...
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News briefsAssociation of Golf Merchandisers partners with Elastic Suite
The Association of Golf Merchandisers (AGM) and Elastic Suite, a subsidiary of Emerald Holding, have announced a new partnership that names Elastic Suite as the presenting “Diamond Level” sponsor of AGM’s certified retail management program, one of the association’s educational resources for golf retailers. AGM, headquartered in Phoenix, Arizona, is ...
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News briefsLululemon workers in Washington D.C. drop petition to unionize
The workers at a Lululemon store in Washington D.C. who had filed a request with the National Labor Relations Board (NLRB) in July to hold a union election, as also reported by SGI Europe at the time, have now withdrawn their petition, according to NLRB records. The store, located in ...
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Infographics & DataThe Norwegian Sports Retail Market
This interactive chart shows the largest Norwegian sports retailers by revenue in thousand NOK (2020 and 2021) as well as the total market size 2020, 2021 including market shares. This chart can be downloaded as JPG, PNG or PDF.
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News briefsShoe repair service launches at Veja’s Berlin store
On Sep. 1, the sneaker repair shop opens in the newly opened Veja store in Berlin-Mitte. From now on, not only Veja sneakers but also shoes of other brands can be repaired and cleaned here. The store is located at Alte Schönhauser Str. 42, is open Monday through Saturday from ...
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ArticleSuper Retail Group posts strong H2 comps
Super Retail Group (SRG), the Australian company that owns the Rebel Sport, Boating Camping Fishing (BCF) and Macpac retail chains, posted 2.8 percent annual sales growth to 3,550.9 million Australian dollars (€2,285m) for the 53 weeks ended July 2. Comparable store sales increased by 5.0 percent in H2, aided by ...
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News briefsDubai’s F5 Global to open first international pop-up in London
F5 Global, a sustainable athleisure brand based in Dubai, has announced the opening of its first-ever international pop-up store. It will be open in London at 58 Oxford Street on Aug. 22-28. F5 Global’s pop-up will sell the brand’s signature sustainable athleisure collection for adults and children, which includes hoodies, ...
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News briefsFrasers Group sells ‘some’ retail parks for £205m
Frasers Group said it has completed the sale of some retail parks for £205 million (€242m). The company, which owns the Sports Direct and House of Fraser chains, said the disposal included a number of freehold and long leasehold retail parks held by its wholly-owned subsidiaries to RI UK 1 ...
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News briefsFirst Decathlon City to open in Canada this summer
Decathlon is opening its first-ever Decathlon City in Canada. It will be located in Toronto’s Union Station at 65 Front Street W. The opening is scheduled for August, based on the company’s website, although a specific date is yet to be communicated. Decathlon City at Union Station will give customers ...
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News briefsWellness takes center stage at Galeries Lafayette in Paris
Galeries Lafayette has revealed a new 3,000-square-meter “Wellness Galerie” at its flagship location in Paris’ boulevard Haussmann. The new feature, which will become fully operational in early September, is set to occupy the entire minus-one floor of the building. The offering at the Wellness Galerie revolves around the three core ...
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News briefsIncome soars at Planet Fitness
Net income at Planet Fitness was up by 67 percent for the second quarter of this year and by 105 percent for the half, reaching €25.1 million and $43.4 million, respectively. The U.S. gym franchisor and operator’s revenues for the quarter and half amounted to $224.4 million (up by 63.5%) ...
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News briefsLi-Ning opens store featuring fast conveyer belt system
Beijing-based sportswear brand Li-Ning has opened its first ”urban custom store,” as the company has called it. Officially opened on Aug. 4, the store is located on the second floor of the Juntai shopping complex, within Beijing’s Xidan shopping area. The store is the brand’s first to feature an “intelligent ...
