Retail insights from the sporting goods industry – Page 68
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News briefsIIC elects CEO of Intersport Finland to board of management
Source: Intersport Sami Kiiski, CEO Intersport Finland and Member of the IIC Board of Management The shareholders of Intersport International Corporation (IIC) have unanimously elected Sami Kiiski, CEO of Intersport Finland, to the IIC board of management during an extraordinary general meeting of the IIC shareholders. Kiiski ...
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News briefsDecathlon introduces first urban dance collection
Decathlon has launched its first unisex collection in the urban dance category, under the brand name Starever, formerly Decathlon Dance. Starever gathers the Decathlon products for any type of dancing, including the four disciplines of urban dances, modern jazz dance, contemporary and ballet dances, and fitness dance. The company has ...
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News briefsJoma further expands its retail network in Spain
Joma, the Spanish sports clothing brand, has opened three new stores in Madrid, Catalonia and Galicia. The new Madrid store is located at the Sambil Outlet in Leganés, the largest shopping mall in the country. This opening brings the number of Joma stores in Spain’s capital city to four. The ...
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News briefsFusalp to open its first U.S. stores
Fusalp, the French skiwear brand, will mark its 70th anniversary this year with the opening of its first U.S. store in November, in the ski resort town of Aspen. Later, in 2023, the company plans to open a store in New York. Fusalp was founded in 1952 in Annecy by ...
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News briefs
Li Ning updates first-quarter sales
At Li Ning, first-quarter same-store sales rose in the “low 20s” for the period ended March 31. By segment, sales in the retail channel were up in the “mid-20s,” up in the “low teens” for the wholesale (franchised distributors) segment; and e-commerce revenues improved “mid-30s” year-on-year. The company ended the ...
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News briefs
Padel Nuestro to open flagship near Murcia
According to CMDsport, Padel Nuestro will be inaugurating a flagship in Alcantarilla, which lies just outside Murcia in Spain and is home to the retailer’s headquarters. Pádel players, social-media influencers and other celebrities will be present for opening day sometime next month. Another flagship is to follow in Madrid. Padel ...
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News briefsSport 2000 offers running sales training for specialists and general retailers
With its new training format – “expert running consultancy,” a special training program for the sales staff of its running specialty stores and in the running section of generalist stores – the running division of the German Sport 2000 buying group seeks to instill a deeper insight into biomechanics, anatomy ...
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News briefsSouth African sportswear retailer Studio 88 Group acquired by Mr Price
Fashion and home goods retailer Mr Price, a publicly-traded company based in Durban, South Africa, announced that it is acquiring 70 percent of the shares in Studio 88 Group, a major retailer of sneakers and apparel from Nike, Adidas, Vans and many other sportswear brands in South Africa, for 3.3 ...
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News briefsIntersport Germany invests in fully automated, rebuilt and expanded central warehouse
The Intersport warehouse in Heilbronn, Germany, has reached its limits due to years of growth in product ranges, unit numbers, complexity and stock turnover. A massive investment in floor space and logistics software and hardware has significantly increased the purchasing community’s warehouse size: In addition to the existing building, a ...
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News briefsLululemon expands “Like New” resale program across U.S.
After launching its “Like New” pilot program last spring in 80 stores in California and Texas in collaboration with Trove, recognized industry experts in branded re-commerce, to support with resale technology and operations, Canadian athleisure brand Lululemon, which most recently expanded into the running and tennis markets, has expanded its ...
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News briefsDecathlon revises loyalty program
This month Decathlon is advertising its revised French loyalty program, Decat’Club, with a marketing campaign called “Coup de Projecteur,” which means something like “slide show” or “film showing.” Customers must sign up for a Decathlon account first, and any purchase made through the account will sign them up automatically for ...
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News briefsOutdoor retailer McTrek enables German fashion chain Adler to enter sporting goods segment
Germany’s Adler Modemärkte is cooperating with McTrek Retail GmbH to enter the outdoor product market with its more than 130 Adler stores in Germany, Austria, Luxembourg and Switzerland. Adler Modemärkte AG, a company that had been strong with private labels in the past, went into insolvency in 2021 and was ...
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News briefsNPD merges with IRI to create new global analytics and data provider
Information Resources, Inc. (IRI), a U.S.-based global company providing solutions and services for consumer, retail and media companies, and the market research firm NPD Group from New York, known as a provider of market information and advisory services in more than 20 industries, have signed a definitive agreement to merge ...
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News briefs
JD.com promotes Lei Xu to CEO
JD.com Inc. promoted Lei Xu to chief executive officer, succeeding Richard Liu. Xu, who most recently served as president at the Chinese tech and online retail company and thus already led its operations, will also join its board of directors. Liu founded JD.com in 2004. He will remain chairman of ...
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ArticleRevenues up by 18% at Decathlon France, up 21% globally
While global sales reach a new record with €13.8 billion in 2021, France remains the most important market for Decathlon.
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News briefsUYN opens first flagship in Germany
The Italian brand UYN (Unleash your Nature) has opened a brand shop inside Germany’s renowned KaDeWe in Berlin, a 60,000-sqm department store. UYN’s 200-sqm brand space is located on the fourth floor in the sports brand environment, featuring its shoe collection and its running, fitness and outdoor lines. UYN is ...
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ArticleRussian sporting goods market hit by economic turmoil
Demand for sporting goods is falling in Russia amid price increases across the entire product range and the exodus of Western brands, according to Anna Lebsak-Kleimans, general director of Moscow-based consultancy Fashion Consulting Group. In recent years, sporting goods had fueled demand in the Russian fashion market, Lebsak-Kleimans said. “The ...
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News briefsSports Direct launches running podcast for Ramadan period
British sports retailer Sports Direct has launched a podcast called “Fast Enough: Ramadan Running”, available for free on Audible and other platforms, to assist Muslims during the fast. The English-language podcast series, which runs until the end of Ramadan on May 1, includes training plans, wellness tips, mental preparation and ...
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ArticleYearly cross-border e-commerce ranking sees DTC sales on the rise
Cross-Border Europe (CBCommerce), a platform promoting cross-border online commerce in Europe, published its yearly Top 500 Cross-Border Retail Europe study on the 500 strongest European players in cross-border e-commerce for the fourth time. Cross-border online commerce (excluding the travel segment) generated total sales of €171.2 billion in the EU in ...
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ArticleU.S. activewear brand Vuori expands into Europe, Australia and Canada
California-based activewear brand Vuori is launching in the U.K., France, Germany, Ireland, the Netherlands, Australia and Canada, marking the first steps in a global rollout announced in late 2021. Consumers in these countries will be able to purchase the brand’s products from country-specific brand web stores. In select markets, Vuori ...
