Retail insights from the sporting goods industry – Page 7

  • Under Armour
    News briefs

    Under Armour opens two new stores in Italy with Oberalp

    2023-12-11T16:17:00Z

    Oberalp Group, the exclusive distributor of Under Armour in Italy, has recently opened two new Under Armour stores in the country. There’s a new Under Armour Brand House at the new Merlata Bloom shopping mall near Milan since Nov. 15, with 140 sqm focusing on training, running and sportstyle. In ...

  • 001_nike-ginza-1042-retouch
    News briefs

    Nike’s new Tokyo store focuses on running

    2023-12-11T16:16:00Z

    Nike has opened a new store in downtown Tokyo dedicated to serving the city’s running community. Nike Ginza features a Running Hub that serves the needs of local runners through a variety of services and programming, including trialing for the latest running silhouettes, Nike Run Club (NRC) Live training sessions, ...

  • Safesize Logo
    News briefs

    SafeSize wins “Startup of the Year“ award, recognized as Innovation & Disruption Leader

    2023-12-11T08:28:00Z

    SafeSize was named Startup of the Year at the Startupper Awards 2023, an award for excellence in the Greek innovation and startup ecosystem. Angelos Stavrakis, founder and CEO of SafeSize, received the coveted award from the Deputy Minister of Digital Administration, Konstantinos Kyranakis, in recognition of the company’s remarkable international ...

  • 231207_AR_JoggingPlus_Brussels_055
    News briefs

    Absolute Run opens in Brussels

    2023-12-09T09:52:00Z

    On Dec. 7, 2023, the overall eleventh Absolute Run store was opened in Brussels in collaboration between Sport 2000 and its partner Jogging Plus. It is the second Belgian Absolute Run Jogging Plus store after Liège and is located in an attractive downtown location with 230 sqm of retail space ...

  • Sportswear websites by age of visitors ranked_Infographic Teaser SGI
    Infographics & Data

    Sportswear websites ranked by visitor age group

    2023-12-08T16:30:00Z

    Which UK sportswear retailer website gets the most visits from Gen Z? What about Millennials? And which is the most popular sportswear retailer website for those over 65? Our infographic shows how online shopping tastes change with age.

  • sbermegamarket
    News briefs

    Russian major marketplace kicks off sporting goods project

    2023-12-08T13:59:00Z

    Source: megamarket.ru Konda footwear Megamarket, a marketplace developed by Russia’s biggest state bank Sberbank (formerly communicated as SberMegaMarket), has launched its sporting goods brand Konda. So far, it includes only five shoes for running, but the company promises to gradually expand the offered range. By the end ...

  • Sportmaster Logo Russian
    Article

    Russia’s Sportmaster tests a new store format

    2023-12-08T10:16:00Z

    The largest Russian sporting goods retailer, Sportmaster, plans to launch 250 stores in a mini format in towns with a population of up to 50,000 people. All mini-stores will be established exclusively under franchise agreements, as the company prefers not to waste resources on expansion into Russian provinces. The first ...

  • Frasers_Group_Logo
    Article

    Frasers confident in strategy despite short-term challenges for premium lifestyle biz

    2023-12-08T07:44:00Z

    UK retailer Frasers Group, which maintains its ambition to become the top sports retailer across the EMEA, reported a 12.6 percent increase in adjusted profit before tax (APBT) to £303.8 million (€354.6m) in H1/FY24 and said sales momentum in the early weeks of H2 were being driven by its Sports ...

  • Farfetch
    Article

    Alibaba’s president steps down from Farfetch board

    2023-12-07T17:54:00Z

    J. Michael Evans, President and board member at Alibaba, has resigned from the board of directors at Farfetch, according to a company filing with the US Securities and Exchange Commission (SEC). Farfetch qualifies the resignation as being “in furtherance of the arm’s length commercial relationship” it has maintained with Alibaba ...

  • Nobis_Logo_Black
    News briefs

    Nobis expands global presence with first stores in China

    2023-12-07T16:23:00Z

    Nobis Inc, a Canadian outerwear and accessories brand available in over 35 countries in the Americas, Europe and Asia, announced the opening of three new stores in Beijing and Shanghai, marking the brand’s entry into the Chinese retail market. This expansion is the first step of a joint venture with ...

  • Trademark dispute case study sporting goods product name
    Article

    A minefield for legal disputes? Model names on websites

    2023-12-06T09:34:00Z

    Does your online store conform to trademark rules? Our legal expert shares a cautionary tale.

  • Bogner
    News briefs

    Bogner opens first concept store in UK, two doors in the US

    2023-12-05T15:26:00Z

    German luxury sports label Bogner announced the opening of its first standalone store in the UK in partnership with the London-based activity company The Bergladen Group. The five-storey store is located in the heart of London’s Mayfair neighbourhood and a clear sign for Bogner’s international expansion aspirations, having recently opened ...

  • Bandier via Instagram
    News briefs

    Activewear brand Bandier seeking a buyer for its intellectual property

    2023-12-04T11:59:00Z

    American activewear brand Bandier is seeking a buyer for its intellectual property and assets, including but not limited to all of Bandier’s rights, inventory, intellectual property and all accounts receivable as of the closing date of a purchase. The move is an alternative to bankruptcy. The company, which operates five ...

  • Sport-2000-logo
    News briefs

    Sport 2000 France has a new CEO

    2023-12-02T08:37:00Z

    Source: Sport 2000 Emmanuelle Bahuaud Emmanuelle Bahuaud will serve as the new chief executive of Sport 2000 France, effective Jan. 2, 2024. She will replace Stéphane Solinski, who left the company in September to pursue other opportunities. Solinski is now the CEO of Laf Santé. Bahuaud, a ...

  • Blue Tomato Belgium 2
    News briefs

    Belgium gets its first Blue Tomato retail store

    2023-12-01T13:44:00Z

    Austrian board sports and lifestyle specialist Blue Tomato has opened its first store in Belgium. The 240-sqm shop is located in the center of Antwerp, on the historic Wiegstraat. Of the decision to open a store in Belgium, Tillmann Ruprecht, Director of Sales and Service at Blue Tomato, said: “Antwerp, ...

  • McKinsey Sporting Goods Report at ISPO Munich 2023
    Article

    What to expect from McKinsey’s Sporting Goods Report 2024

    2023-12-01T08:06:00Z

    What’s coming up in McKinsey’s Sporting Goods Report 2024? We bring you the 4 key trends McKinsey is predicting, as presented at ISPO Munich.

  • 393_SMP-zumiez-logo
    Article

    Zumiez braces for FY loss despite higher Blue Tomato sales

    2023-12-01T07:47:00Z

    Zumiez is now forecasting a full-year net loss and annual sales to fall more than 8 percent after reporting a net loss of $2.23 million against a profit of $6.9 million in Q3 ended Oct. 28. The operating loss was $157,000 against $10.4 million as gross margin contracted 70 basis ...

  • SportScheck
    News briefs

    SportScheck files for insolvency, Frasers pulls out - for now

    2023-11-30T12:48:00Z

    After the real estate and retail holding company Signa, led by Austrian magnate Rene Benko, filed for insolvency last week following failed attempts to secure new financing, German retailer SportScheck GmbH has now also filed for insolvency. SportScheck has 34 stores in Germany and reported annual sales of around €350 ...

  • foot-locker6702
    News briefs

    Foot Locker expands to India

    2023-11-30T12:09:00Z

    US specialty athletic retailer Foot Locker has entered into a long-term partnership with Metro Brands Ltd. and Nykaa Fashion to enter the Indian market. While Metro Brands will have exclusive rights to own and operate Foot Locker stores in India, Nykaa Fashion will be the exclusive e-commerce partner to operate ...

  • Farfetch
    News briefs

    Farfetch suspends Q3 results

    2023-11-30T11:54:00Z

    Luxury fashion platform Farfetch Limited has announced that it will not be announcing its financial results for the third quarter of 2023. Accordingly, the related conference call on Nov. 29 was also canceled. The company expects to provide a market update in due course. At the moment, no forecasts and ...