Retail insights from the sporting goods industry – Page 80
-
Article
JD adopts the OOOOO video commerce platform
JD Sports Fashion has started an exclusive partnership in the U.K. with OOOOO Entertainment Commerce to develop market-leading video commerce content on its young rapidly growing platform. OOOOO describes itself as a technology platform that enables retailers, brands and influencers to share product-based opinions directly to consumers through live, interactive, ...
-
News briefs
Tennis-Point opens an expansive flagship in Madrid
As Tradesport reports, Tennis-Point has opened a large physical flagship store in Madrid, not far from the Bernabeu football stadium, as part of its multi-channel proposition. At about 1,200 square meters, it is twice the size of the store in Barcelona proper – the Catalonian city’s largest racquet and paddle ...
-
ArticleExpanded: First financing for a new, sustainable online marketplace for sports goods, Planetics
A Munich-based startup, Planetics, has successfully closed its first financing round for its online marketplace for sustainable and fairly produced sporting goods. The exact investment sum was not disclosed, but the founders indicated a “six-figure” range of between €100,000 and €999,000. The capital raised will primarily be used to further ...
-
News briefsUnder Armour partners with El Corte Inglés for its new sports-focused store in Barcelona
Under Armour has opened a new 500-square-meter space in the centrally located department store of El Corte Inglés at Portal del Angel in Barcelona, which is being remodeled to focus on sports brands, with UA acting as the main partner. It also hosts the first Nike Live store in Europe, ...
-
News briefsDecathlon’s communication director has passed away
We deeply regret the death on Sept. 5 of Xavier Rivoire, who has been in charge of international communication for Decathlon in the past few years as Decathlon United Media Leader. He was 53 years old. The cause of his death has been described as having been “brutal.” Rivoire joined ...
-
News briefs
Italy’s Maxi Sport is entering Milan
After circling the city with its sports mega-stores in the last few years, Maxi Sport is gearing up to open its first store inside Milan in November, covering 4,000 square meters in its district of Trezzano sul Naviglio. A specific area of the store will be dedicated to basketball, streetwear ...
-
ArticleA new CEO for SportScheck
Signa Retail has appointed Matthias Rucker, a partner of the Boston Consulting Group, as the new CEO of SportScheck, in replacement of Thomas Wanke. Starting on Oct. 1, he will be tasked with expanding the digital transformation of the German sporting goods retail chain into an experiential platform for sports ...
-
News briefs
Vans launches a virtual environment for customization, play
Vans is launching a game on Roblox, a virtual environment and platform for multi-player video games. Vans World, as the new interactive game is called, combines skateboarding, fashion and networked gaming. Players can use it as a tool with which customize any of four Vans shoe silhouettes or as a ...
-
News briefs
Wilberries sees big boom in online sales of sporting goods in Russia
Wildberries, the largest online retailer in Russia, reported an 85 percent increase in sales of sporting goods over the internet between the beginning of May and mid-August. In particular, the demand for electric scooters doubled. Electric bicycles were also among the bestsellers. Sales of all kinds of bicycles climbed by ...
-
News briefs
Lamoda expands the number of sporting goods suppliers
In the first half of 2021, Lamoda, the Russian clone of Zalando, signed new contracts with a group of sporting goods suppliers including Kettler, Garmin and Peak Performance. In total, more than 400 new fashion and lifestyle brands also joined Lamoda in the first half of the year, including Massimo ...
-
Article
New hurdles in JD’s takeover of Footasylum
Leaving the door open for other comments by Sept. 16 before making a final decision in October, the U.K. Competition and Markets Authority (CMA) restated on Sept. 2 its provisional ban on JD Sports Fashion’s already completed acquisition of the Footasylum, in spite of criticism expressed by the Competition Appeal ...
-
News briefs
Golf offsets winter sports at Alpen in Japan
Sales of winter sports products fell by 16 percent to 6,628 million yen (€51.5m-$60.3m) for the financial year ended June 30 at the Alpen Group, one of the major sporting goods retailers in Japan, mainly due to a lack of snow because of a warm winter season. Total revenues increased ...
-
News briefs
New cross-functional management structure at Stadium
Stadium has decided to reorganize the top management under its CEO, Karl Eklöf, following the departure of Magnus Wåhlander, general manager of its Stadium chain. He is leaving the leading Swedish sports retail group after 25 years to become president and CEO of Coop Mitt. Under the new structure, the ...
-
News briefs
Sprinter debuts an urban-oriented store concept near Madrid
According to CMDsport, Sprinter’s new, omnichannel store in the Spanish city of Leganés, outside Madrid, aims to exceed the purpose of a point of sale and serve as a meeting place for urban athletes. Some of its design, like the assortment, is drawn from the traffic data of Sprinter’s website. ...
-
News briefs
Sportmaster develops its own digital “ecosystem”
Sportmaster has decided to further develop its own digital “ecosystem,” said Victoria Bondarenko, a product development director with Russia’s biggest sports retailer, in an interview recently published in the local Retail online news service. She noted that Sportmaster has a strong brand that is quite popular on the Russian market, ...
-
News briefs
Share options worth £100 million for Frasers’ future CEO
The Remuneration Committee of Frasers Group, which owns Sports Direct and many other brands retail operations in the U.K. and elsewhere, is proposing to award shares worth £100 million (€117m-$137m) as a performance-related bonus to Michael Murray, who is set to take the place of group CEO from Mike Ashley ...
-
Article
JD and Sprinter acquire Bodytone
According to CMDsport, the Iberian Sports Retail Group (ISRG) has acquired a 50.1 percent stake in Bodytone International Sport, a Spanish-based producer and international distributor of professional gym machines and equipment. The purchase price was undisclosed. Bodytone has until now been wholly owned by American Sport Invest, which has become ...
-
ArticleAustrian and Swiss buying groups cooperate on digitalization
The Swiss Premium Sports Group (PSG) of independent sports retailers, which have been affiliated with ANWR-Garant Swiss since 2013, have agreed to adopt the digitalization strategy of Sport 2000 Austria. This includes cooperation in the areas of data clearing centers, digital store counters and online retailing, creating a central data ...
-
News briefs
Galeria Karstadt Kaufhof will become Galeria
Galeria Karstadt Kaufhof, the German company formed in 2018 from the merger of the Karstadt and Galeria Kaufhof department store chains that became wholly owned by Signa Retail in 2019, has unveiled a new concept for its 131 locations in Germany, which will see the company strategically reposition itself starting ...
-
News briefsDohrmann will leave as CEO of the Internetstores group
After more than three years as CEO of the Internetstores group, Hans Dohrmann will leave the German multi-channel retail company, which operates websites and physical stores in the cycling, camping and outdoor markets such as Addnature, Bikester, Brügelmann, Campz and Fahrrad.de. According to the group’s Berlin-based parent company, Signa Sports ...
