Retail insights from the sporting goods industry – Page 88
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News briefs
Afterplay establishes e-tail platform for installment payments
The payment processor Afterpay is launching an online platform, called Dropshop by Afterpay, that offers interest-free installment payment plans for exclusive or early access to certain products. For instance, working in partnership with The Finish Line, the U.S. sporting goods retailer recently acquired by JD Sports Fashion, the platform will ...
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News briefs
Mobile payment for the NBA League Pass in Western Europe and South Africa
If they have a subscription with the right carrier, fans in Belgium, France, Germany, Greece, South Africa, Spain and the U.K. will no longer need to use a credit card to pay for their NBA League Pass. The National Basketball Association has signed a multi-year deal with PM Connect to ...
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News briefs
German retail lockdown measures set through June 30
German legislation that imposes new limits on the opening of schools and non-essential retail stores, including sports shops, passed the Senate on Thursday, April 22. Already approved by the lower house of the German Parliament, the bill became law on Friday after being signed by German President Frank-Walter Steinmeier. Stretching ...
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News briefs
German retailers get cheap Covid tests from the GMS buying group
Since April 20, German employers are obliged to offer regular Covid-19 tests to staff members who are not working remotely from their homes. To enable its affiliated shoe and sports retailers to meet this obligation, the German-based GMS buying group is supplying its members with inexpensive rapid tests. To date, ...
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News briefs
Foreign sports retailers dominate on Facebook in Spain
CMDsport has published a report on the social-media presence of the top purveyors of sporting goods and sportswear in Spain. The top platform is Facebook, followed by Instagram and Twitter, and on Facebook the top chain, by a large margin, is JD Sports, with 3.47 million followers. JD is the ...
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News briefs
Spain’s Cronos opens a first store in Portugal
According to CMDsport, Deportes Cronos will be opening its first Portuguese store under its own name on April 24. Located in the capital city of Lisbon, and measuring some 100 square meters, the store is to be the first of seven in the country. The Spanish buying group for independent ...
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Article
The latest statistics and forecasts for online retailing
In 2020, the outbreak of the coronavirus pandemic led revenues from e-commerce to exceed the €100 billion threshold for the first time in the German-speaking countries of Germany, Austria and Switzerland, according to BEVH, the German E-Commerce and Distance Selling Trade Association. Orders averaging €1,000 were placed by customers in ...
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ArticleSelfridges re-opens with a buzz, Bavaria enforces lockdown
While Bavarian shoe stores were forced to close down again as of April 12, all types of non-essential retailers, including shoe and sporting goods stores, were allowed to re-open in England and Wales, and some of them have come up with clever ideas to lure back customers who could only ...
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ArticleHervis will focus on four sports
Hervis Sports, the largest integrated sporting goods retail chain in Austria, wants to concentrate more on bikes, outdoor, running and snow sports in the future, without ignoring fitness, football or other categories, said Werner Weber, who became CEO of the company in November 2019, in a virtual press conference held ...
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Short stops
RETAIL
+++ The three Citadium stores in France - two in Paris and one in Toulon - that were supposed to shut down in 2022, as announced by the company last November, will ultimately remain open thanks to encouraging sales and the renegotiation of rents +++ The fourth Absolut Run store ...
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News briefs
New line brings ViralOff to retail customers
An Italian company called Colors has channeled Polygiene’s ViralOff antimicrobial treatment into a line of products for retail customers. The Regenesis ViralOff Trigger Shield line of sprays and other products works on soft surfaces, hard surfaces and fabrics. It also meets the same ISO standards as regular ViralOff – eliminating ...
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News briefs
Frasers acquires retail park near Manchester
Frasers Group has acquired the estate of the Robin Retail Park in the town of Wigan, just outside Manchester in the U.K. The terms of the sale have not been disclosed. According to Drapers, however, Otium Real Estate paid £12 million (€14m-$17m) for the property in March 2020. Among the ...
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Article
Decathlon expands in southern Russia
Decathlon has started building a mega-store in Sochi that will be one of the chain’s biggest ones in Russia when it opens its doors on 5,000 square meters of selling space in 2022. The company is also planning to contract out new suppliers in the region, which hosted the Winter ...
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ArticleEurope’s patchwork of Corona regulations for retailers
Daily changes to local Corona safety regulations for retail stores make it difficult to stay on top of things as the pandemic situation heats up again in most European countries. Here is an overview (as of March 25, subject to change and with regional variations) of the status of so-called ...
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News briefs
At least seven more JD stores in Spain are in the works
JD Sports is expanding rapidly in Spain, where it has already set up a network of a dozen stores in the last couple of years. It has just opened a store in a shopping center of Madrid, La Vanguardia, and according to CMDsport, it is planning to add two others ...
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News briefs
JD takes Size? to Canada
JD Sports Fashion has opened its first Size? sneaker shop outside Europe in Toronto. It has also launched a dedicated web store for the Canadian market, www.size.ca. The chain’s expansion in Canada is expected to continue with a store in Vancouver later this year, followed by a second one in ...
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Article
Yue Yuen posts losses despite retail rebound
Although China is resisting the pandemic much better than other markets, Yue Yen Industrial Holdings ended 2020 in the red, hampered by the global decline in the demand for shoes, especially in the casual segment. The company was strongly impacted by government measures to contain the spread of the disease ...
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News briefs
Decathlon is recovering and expanding in the U.K.
This month Decathlon will be opening a two-floor, 35,000-square-foot experiential flagship at the Trinity Leeds mall in the British city of Leeds. The store will make products available for customers to touch, and maintain a repair shop for bicycles, kayaks and tents. According to Fashion Network – which quotes the ...
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ArticleIntersport deploys electronic pricing in Greece and some other countries
The Fourlis Group, one of the master licensees of Intersport, has rolled out an electronic shelf labelling (ESL) solution that allows for instant price changes at some of its stores in Greece and other countries, permitting better price management and saving a lot of time. Based in Greece, Fourlis is ...
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News briefs
Munich’s largest shoe store to open in April
Schmid Schuhe Mode Sport is opening next month the largest shoe store in the Munich area, taking the place of a former Karstadt department store in the Olympia shopping mall. The 9,500-square-meter location will offer regular and sports shoes for the whole family on two floors. Based in Augsburg, the ...
