Retail insights from the sporting goods industry – Page 68
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News briefs
Tréndico holds first in-person convention in two years
This month, Tréndico Group held its first in-person convention since January 2020, CMDsport reports. In attendance were 44 brands and some 80 percent of the owners of the 475 stores under its Atleet and Foot on Mars banners. The convention was on par with the previous show, a virtual one ...
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News briefsCEO of Intersport Germany expected to become new head of German Retail Association (HDE)
Source: HDE Alexander von Preen After Josef Sanktjohanser, president of the German Retail Association (HDE), announced that he would not be available for re-election after 16 years, the executive board of the federation has unanimously recommended Dr. Alexander von Preen, CEO of Intersport Germany eG, to the ...
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ArticleGfK reports Europe-wide retail turnover increase of 6.8 percent in 2021
Against the weaker 2020 numbers that reflected a European economy shaken by the first Covid-19 wave, the new figures conducted by GfK for the retail sector in Europe show an overall better situation for retailers. The 2021 European retail study sees retail sales increase significantly by ...
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News briefsMunich posts 29% increase in annual sales, with exports growing double-digit
Munich, the Spanish company and brand specializing in sports and fashion shoes, reached record revenues of €52.6 million in 2021, marking a 28.71 percent increase compared to the previous year. Exports jumped by 28 percent to €6 million, primarily driven by Europe. Sales in Spain, its primary market, increased by ...
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News briefs
Pádel Nuestro to sponsor WPT's first Finnish event
The Spanish specialty retailer Pádel Nuestro is the official sponsor of this year’s inaugural edition of the Tampere Exhibition, scheduled for June 30 to July 3 in Finland. This will be the farthest north the World Pádel Tour (WPT) has yet penetrated. The Scandinavian country is said to contain some ...
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ArticleANWR Group to add 2,500sqm to Mainhausen order center for new showrooms
ANWR Group announced plans to add a new building to its existing Ordercenter O1 on the Mainhausen Campus in Germany. Following the building permit submission, the symbolic groundbreaking ceremony is scheduled for October 2022, with completion planned for December 2023. Showrooms ranging in size from 100 to 500 square meters ...
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News briefsJD Sports opens mega store in Hamburg’s HafenCity district
The British retail chain JD Sports will open an 800-square-meter store in Hamburg’s HafenCity, operated by Unibail-Rodamco-Westfield, a global developer and operator of flagship destinations with a portfolio worth €54.5 billion. The new mega store’s extensive brand and assortment mix will combine brands such as Nike, Adidas, Puma and The ...
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News briefsLids will open 20 stores in Germany
Source: Lids Lids store in the U.K. Lids, the U.S. sportswear retailer headquartered in Indianapolis, is expanding into Germany with the opening of 20 stores. The first three locations will open in Berlin in the coming weeks. Alexa Berlin is set to open on June 17, followed ...
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News briefsA new Nike concept store in Hong Kong with GMG
GMG has launched a new Nike concept store in Hong Kong. The 200-square-meter store is located at the Hang Tau district’s East Point City shopping mall. GMG is a global company retailing, distributing and manufacturing a portfolio of international and home-grown brands across sports, food and health sectors. The company ...
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News briefsDecathlon to help provide certified training in sales and repair
In September, to meet what it calls the demands of “urban mobility,” Decathlon will be inaugurating 17 apprentice training centers (CFA) for bicycle repair and sales throughout France. Established in partnership with the AFPA – which began certifying workers in 1949 to help rebuild France after the Second World War ...
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News briefsDecathlon expands its distribution channels in the U.S. to include new retailers
French sporting goods brand Decathlon announced at Outdoor Retailer in Denver that it will expand its distribution channels to include key brand partners to provide customers with greater access to its sporting goods offering. Decathlon’s products are available on decathlon.com and through a growing list of retail partners, including specialty ...
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News briefsInstant Commerce announces €2 million pre-seed funding
Instant Commerce, a Dutch e-commerce software startup, has raised €2 million in seed capital with the participation of the founders of Storyblok, Wandera, Snyk and Supercell. With the investment, the young company wants to build the product, expand the team, and create brand awareness throughout Europe. Instant Commerce was founded ...
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News briefs
Puma launches shopping app in India
Puma has launched its official mobile shopping app in India to further enhance its digital offering to consumers and give them faster access to its latest products and exclusive services. An official statement said that India is the first country where the German sportswear manufacturer’s e-com app has gone live. ...
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News briefs
Protective signs central distribution contract with Intersport Germany, adds new sales reps
The specialized bike and nordic skiing brand Protective just signed a central distribution contract with Intersport Germany after closing similar central distribution deals with Sport 2000 and ZEG, the cooperative of independent bike dealers, in 2021. The Intersport agreement was another step on the brand’s agenda to regain ground in ...
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News briefsPlanetics with new marketing director
Source: LinkedIn / Planetics Melanie Hüttenberger Planetics, the German online marketplace for sustainable and fairly produced sporting goods, announced on LinkedIn that Melanie Hüttenberger joined the company as its new marketing manager on June 1. Hüttenberger has more than 20 years of experience in PR and marketing, ...
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ArticleGrowth in German e-commerce continues to normalize
E-commerce in Germany cannot evade the effects of war, rising prices and insecure consumers and is returning to familiar growth paths after double-digit revenue increases in previous years, says the German e-commerce and mail order retail association (bevh) regarding the first half of Q2. Consumer goods e-commerce sales as a ...
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ArticleAnalysis: Sporting Goods Industry Scorecard Q1 2022
Find out about the top industry performers. With our first quarter 2022 Sporting Goods Industry Scorecard, we provide an overview by sales and profit.
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News briefs
Playtomic enters the e-tail space
Playtomic, which has made its name as a platform for racquet club management and court rentals, has inaugurated under its own brand a line of racquet-sports apparel and accessories and opened an e-commerce website to sell it. So far the site is operative only in Spain, but there are plans ...
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News briefsNew Neinver outlet village in France in construction
Neinver, a company specializing in the investment, development and management of real estate and the leading operator of outlet centers in Spain and Poland, announced the resumption of construction of its outlet village “Alpes The Style Outlets” near Geneva. When completed, this will be the 17th outlet center of the ...
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News briefsS&P affirms Foot Locker’s BB+ issuer credit rating
Although the rating agency acknowledged that lower Nike sales would impact the retailer’s revenue and margins, S&P Global affirmed Foot Locker’s BB+ issuer credit rating with a stable outlook. S&P also sees volatile fashion cycles combined with long sourcing lead times due to ongoing supply chain challenges as a risk ...
