Retail insights from the sporting goods industry – Page 91
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News briefs
Intersport Austria stretches payment terms for members
Due to the negative development of the winter season caused by the pandemic in Austria’s tourist regions, Intersport Austria has set up extensive support measures for its affiliated dealers. It is granting a 12-month deferred payment to more than 100 of them for all deliveries of winter goods from its ...
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ArticleIntersport’s global retail sales fell by 9% in 2020
Intersport International Corp. (IIC) reports a drop of around 9 percent on a currency-neutral and store-adjusted basis in its members’ retail sales across the world during 2020, but expects a rebound in the spring. In terms of euros and with The Athlete’s Foot (TAF) excluded, total retail sales fell by ...
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News briefs
Adidas among top 100 most sustainable firms, although down in the ranking
Adidas has been named among the most sustainable companies in the world in the global Corporate Knights 2021 ranking, an annually updated index of the Global 100 most sustainable corporations in the world. Adidas took the 76th spot with an overall score of 59.6 percent, down from the 55th spot ...
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News briefs
Amazfit smatwatches now on sale at Argos stores in the U.K.
Argos is the first nationwide retailer in the U.K. to become an authorized dealer of Amazfit products. The products on sale at Argos stores are limited for now to four of the company’s newest smartwatches: the GTS 2, the GTS 2 mini, the Neo and the GTS 2e. First launched ...
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News briefs
Tennis-Point opens second Spanish physical store
Diversifying from e-tail, Tennis-Point has opened its second brick-and-mortar store in Spain. This one is located on a premium thoroughfare – the Passeig de Gràcia – in the city of Barcelona, covering some 600 square meters. It will operate on an omni-channel model with a staff providing personalized advice. Tennis-Point’s ...
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News briefs
Adidas introduces extra-light golf shoe
Adidas has unveiled the new ZG21 spiked golf shoe. The new shoe is said to weigh 20 percent less than any previous spiked model sold by the brand. This is made possible by a cushioning that is 40 percent lighter than the typical EVA foam in the market. The ZG21 ...
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Article
Google probed again by the EU
Google is under dual investigations in the European Union for allegedly abusive practices in its advertising business. This month, according to Reuters, anti-trust regulators for the EU have sent to a number of advertisers a 13-page questionnaire regarding the “Include Google Display Network” default setting for search campaigns on Google ...
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Article
Record market capitalization for Zalando as it expands in the Nordics
Zalando’s Connected Retail program has attracted many retailers in the Nordic countries, where it has been expanding recently its reach among consumers, notably with the creation of a dedicated Swedish website. Without specifying how many of them are sports stores, a spokesperson for the company said it has now around ...
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ArticleBoohoo, Asos make moves on major U.K. retail assets
Boohoo, the growing British online fast-fashion retailer has acquired the intellectual property assets of Debenhams, the oldest and biggest department store in the U.K., for £55 million (€75.3m-$69.1m) in cash, plus value-added tax. The takeover includes Debenhams’ big internet marketplace with the related customer data, contracts and other business information, ...
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Short stops
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+++ Bergans of Norway will open a new bmono-rand store in the Norwegian city of Trondheim +++
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News briefs
Adidas sponsors a young, high-ranking tennis player
Adidas has announced a “long-term partnership” with Félix Auger-Aliassime, the youngest tennis player in the global ranking of the top 25 professionals. At the age of 20, the Canadian has scored as the 21st best male tennisman. Adidas indicates that one reason for the partnership is the fact that he ...
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Article
Germany gives more aid to retailers affected by the extended lockdown
As expected, the German government has agreed with the federal states on a further extension of a lockdown for retailers that sell non-essential products until Feb. 14. In response to requests made by fashion and sports retailers that are heavily dependent on the sale of winter products, especially seasonal clothing ...
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News briefs
Blue Tomato to rent snowboards and related gear
Blue Tomato, the European action sports e-tailer and retailer based in Austria and owned by Zumiez, has begun renting snowboards, splitboards, boots and bindings at two points of sale in Austria: one store in Obertauern and its headquarters in Schladming. The service, called “Rent Your Ride,” will be expanded to ...
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Article
Updated: Isn’t sports retailing an “essential” category?
The German government is widely expected to announce an extension of its lockdown for retailers of “non-essential” items as well as fitness studios and restaurants through Feb. 14, according to leading German media. The second German lockdown started on Dec. 16 and was supposed to end on Jan. 11, but ...
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News briefs
EU updates supplier/wholesaler/retailer regulations
The European Commission is sounding out companies involved in the sale and distribution of consumer goods and their trade associations to provide input for the reform of a set of guidelines governing dealings between suppliers, wholesalers and retailers. First issued in 2010 and called the Vertical Block Exemption Regulation – ...
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News briefsSchöffel launches digital brand experience for retailers
Building up on the positive experience gained through its international online sales meeting last May, Schöffel has opened a “Digital Brand Space,” making its entire brand world a virtual experience that will be developing all year ’round. The German sports apparel company’s retail partners can enter the digital, three-dimensional space ...
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News briefs
Adidas to sponsor G2 e-sports
Adidas has established a multi-year sponsorship deal with G2, the entertainment and e-sports brand. It will be supplying sports apparel, manufacturing the G2 jersey for the 2021 e-sports season and developing a joint lifestyle apparel collection. The G2 x Adidas jersey will contain the Aeroready system to keep the fabric ...
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Article
Switzerland joins the retail lockdown
Joining Germany and Austria, the Swiss government has ordered the closure of all non-essential physical shops, starting on Monday, Jan. 18. The Swiss ban will last through the end of February, affecting all kinds of sports shops, many of which work a lot with winter sports. However, many Swiss ski ...
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Article
Spanish buying groups seek stronger corporate identities
Base Detall Sport, one of the major Spanish buying groups in the sporting goods sectors, is asking that all of the 298 stores run by its 82 retail members should carry one of its banners – Base, Base Selection or Wanna Sneakers – by the end of 2021 or early ...
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News briefs
Sports retailers scored better than other specialty retailers in France
Going through two Covid-related lockdowns, French specialty retailers saw their sales decline on average by 18 percent in 2020, although their online turnover jumped by 80 percent for the year, including a growth of 85 percent in December, according to their trade association, Procos. Shoe retailers suffered the biggest losses ...
