All Retail articles – Page 10
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Article
Sport 2000 launches the Running Experts Europe initiative
Sport 2000 has launched a new initiative, called Running Experts Europe, to federate the operators of specialist running shops all over Europe, starting with representatives from the Netherlands, Belgium, Switzerland and Germany. In these countries, the ANWR Group has bundled the activities of Sport 2000 through a joint company, Sport ...
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News briefs
Zara to offer subscriptions for on-demand workouts through partnership
Zara has struck a deal with TRX Training, which will be offering Zara’s customers subscriptions to its digital fitness platform, called TRX Training Club, for on-demand and live guided workouts. In tandem, Zara will be selling the company’s signature TRX product, the Suspension Trainer (which resembles a pair of Olympic ...
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Article
Rallye sells Go Sport for one euro
Rallye is putting an end to its involvement in sporting goods retailing with the sale of Groupe Go Sport to Hermione People & Brands (HPB), which is now expected to be completed by Dec. 10. HPB has agreed to pay only one symbolic euro for the business, which is said ...
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Article
German retailers oppose the current anti-Covid measures
Intersport Germany and Rose Bikes are reportedly representing a group of 4,500 stakeholders in Germany that is grouping retailers, trade associations, journalists and economic experts in their opposition against the German government’s Dec. 2 decision to allow only vaccinated people to enter non-essential retail stores. The requirement, which is being ...
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News briefs
Lids comes to Europe
Lids is opening its first European stores at four locations in the London metropolitan area this month. The leading U.S. retailer for sports caps mentioned the success it has enjoyed with the opening earlier this year of an NBA store that it has been operating in London, in cooperation with ...
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News briefs
Shake-up in Alibaba’s top management
Maggie We, the long-time finance director of the Alibaba Group, is resigning as part of a reorganization of the group that will also see Jiang Fan, 36, take responsibility for its international operations. Alibaba has not been doing well since its founder, Jack Ma, complained last year about the suspension ...
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News briefs
Malmö to get Scandinavia’s largest designer outlet village
The Malmö Designer Village in Sweden is purportedly set to become Scandinavia’s largest designer outlet village. The location will put the village within 90 minutes’ travel for some 3.8 million residents in southern Sweden and greater Copenhagen, and within an hour’s travel for 26 million tourists per year. The first ...
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ArticleIntersport Austria enhances services during the present lockdown
At a press conference marking the start of the 2022 winter season, Intersport Austria looked to the future with cautious optimism. On the first weekend of the advent season, the retail group recorded a digital run on all the winter sports articles that its retail members are offering. Alpine skis, ...
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Article
Zumiez continued to grow in Q3
Beating analysts’ estimates, Zumiez reported a 5.5 percent increase in net income to $30.7 million for its third quarter ended Oct. 30 on 6.8 percent higher revenues of $289.4 million. The international action sports retailer’s sales were 9.6 percent higher than in the comparable quarter of 2019, when the company ...
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ArticleThe unvaccinated are banned from Germany’s non-essential stores
In contrast with Austria, where non-essential stores and other public indoor services have been forced to shut down completely at least until Dec. 13, or with the U.K., where people must now wear masks in all the stores, non-essential stores as well as cinemas, theaters and restaurants in Germany will ...
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ArticleSnipes snaps up the Jimmy Jazz chain in the U.S.
Snipes, the sneaker retail chain owned by the Deichmann Group, has agreed to acquire Jimmy Jazz, an American chain of sneaker stores with a hip-hop vibe and headquarters in Secaucus, New Jersey. The deal was signed on Dec. 1 and should close before the year is out. Terms remain undisclosed. ...
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News briefs
Another digital expert joins JD’s board
JD Sports Fashion announced the appointment of Mahbobeh Sabetnia as a non-executive director and the exit of Heather Jackson, after more than ten years on the board. Peter Cowgill, executive chairman of the JD group, said that Sabetnia is bringing “very relevant digital and e-commerce experience” to the company. Using ...
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Article
Snowleader moves into larger premises
Snowleader, a leading online retailer of outdoor and snow sports products based in the Savoy region of France, has moved to a larger, eco-friendly office of 3,000 square meters at Epargny, near Annecy, while inaugurating a new and bigger automated warehouse at a different site further away at Versoud. The ...
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News briefs
JD goes for a five-for-one stock split
With 100 percent of the votes cast in favor of a proposed resolution, a general shareholders’ meeting of JD Sports Fashion decided on Nov. 26 to divide each ordinary share of 0.25 pence into five ordinary shares of 0.05 pence. The 5,158,135,745 new shares, all with voting rights, will start ...
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News briefs
New top manager and new ambitions for Footway
Indicating that it may develop into a marketplace for other retailers, the Swedish-based Footway Group announced the recruitment of a top manager from the H&M Group, Daniel Claesson, to serve as chief commercial officer, starting next Jan. 1. He acted most recently as chief product office at the H&M Group, ...
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News briefs
A second logistics hub for growing Intersport France
Intersport France has launched the project for the establishment of a second logistics platform of 84,000 square meters in the area of Château-Renault in the Loire Valley, in collaboration with local authorities. Scheduled to go on stream in 2024, it would employ about 150 people at the start, growing to ...
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News briefs
Growing Stadium group shelves sneaker store concept
The Stadium Group, the leading Swedish sporting goods retailer, reportedly opened a Sneakers Point store last May on Nordstan in Gothenburg, but it has already closed it, with no plans to develop further such a concept. According to a spokeperson, five other stores under this banner and a website have ...
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News briefs
Kickz invests in NFTs via The Football Club
Kickz, the German sneaker and streetwear retailer, is planning a cooperation with a German startup, The Football Club (TFC), that specializes in NFTs. TFC, a Munich-based crypto-soccer-platform that is currently in beta test mode, claims to be the world’s first app-based provider of NFT games. Run by Ante Kristo, TFC ...
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News briefs
Sprinter opens a first store outside Spain
Sprinter – the biggest and more techical sports retail banner within the Iberian Sports Retail Group (ISRG) – confirms that has opened its 173rd physical store and its first one outside of Spain. According to CMDsport, the Sprinter store is located at the Zuidplein mall in the Dutch port city ...
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ArticleAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
