All Retail articles – Page 19
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News briefs
Pinterest brings shopping functions to France, Germany, Canada and Australia
The Pinterest photo app wants to become more of a shopping platform internationally. After the U.S. and U.K., the company’s shopping functions will now also be available in Australia, Canada, France and Germany later this year. Users will thus have the opportunity to buy products directly via pins, pinboards and ...
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Article
Intersport lays out a three-part strategy for Spain
Intersport Spain has set forth a strategic plan for the next three years, 2021-23, to bolster its brand and rejigger its inner workings.
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Deporvillage to get a new HQ
Deporvillage plans to move its headquarters to new buildings in the Catalonian municipality of Sant Fruitós de Bages sometime late this year. There the staff, which recently came to exceed 100, will occupy 2,500 square meters of space. The Spanish e-tailer last expanded its office space in 2017, and has ...
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Sales more than double at Blue Tomato’s parent
Exceeding the financial analysts’ projections, global sales jumped by 102.6 percent to $279.1 million in the first quarter ended May 1 for Zumiez, the U.S.-based action sports retailer whose assets include the physical and online shops of Blue Tomato in Europe. The strong performance led the company to post a ...
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JD transfers Dutch chains to ISRG
JD Sports Fashion says it has agreed to sell two Dutch chains of sporting goods stores, Aktiesport and Perry Sport, to the Iberian Sports Retail Group (ISRG), in which it holds a controlling interest off 50.02 percent, for £16.5 million (€19.2m-$23.3m). The rationale behind the transaction, which is expected to ...
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News briefs
Sports retailers’ closures up by 84% year-on-year in Spain
Like in other countries, the pandemic has accelerated a reduction in the number of sporting goods stores in Spain, adding to factors such as the growing weight of e-commerce, the more selective distribution policies of the major sports brands and the general modernization of the trade. Some 372 sporting goods ...
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ANWR’s financial services offset declines at retail
The German-based ANWR Group, whose holdings include the Sport 2000 business in Germany, Switzerland and the Benelux countries, looks back on a challenging year in its annual report. Despite the difficult situation in the retail sector caused by the Covid-19 crisis, the operating result shows a slight increase to €17.8 ...
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News briefs
Foot Locker and Melody Ehsani launch inaugural collection
Foot Locker has announced the launch of an exclusive basketball-inspired capsule collection designed by Melody Ehsani, the new creative director of its women’s business. It will be the first of several capsule collections that the international sports retailer plans to drop this year. The collection highlights colors inspired by nature ...
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A drop of 9% at Sport 2000 International
Sport 2000 International reports a decline in the retail sales of its affiliated members of almost 9.0 percent in terms of euros to €4,326 million in 2020, due to the pandemic. The figure includes VAT and applies to the 3,615 stores managed by retailers in 22 countries by the end ...
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News briefs
German retailers seize the Constitutional Court over the lockdowns
A group of ten German retailers including Intersport, Engelhorn and Rose Bikes have sued the German federal government in the country’s Constitution Court over its strict anti-Covid lockdown regulations. The current measures prevent the opening of so-called “non-essential” retail stores, including sporting goods retail shops, in areas where more than ...
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Hervis has a new CEO
Hervis Sport, the Austrian sports retail chain, has appointed Oliver Seda as its new CEO, effective Oct. 1. He takes over from Werner Weber, who will leave Hervis at the end of the year based on a transitional arrangement that began after the sudden departure of the previous CEO, Alfred ...
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Sport Zone will host an online marketplace
Over the coming months, the Iberian Sports Retail Group of JD Sports Fashion will be setting up a marketplace for Sport Zone, under whose banner more than a hundred physical stores are operating in Portugal and the Canary Islands. The group hopes to replicate the success of its Sprinter marketplace, ...
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Keller Sports starts Brand City Clash, gets innovation award
Keller Sports, the fast-growing German online retailer for premium sports products and services, is organizing a special multi-sport challenge, the “Brand City Clash by Keller,” in five German cities - Würzburg, Dresden, Münster, Freiburg and Munich - with the help of five brands for the first time this summer. In ...
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Decathlon launches its first pop-up store in Russia
Decathlon has opened its first point of sales in a pop-up store format in Russia. Located in the Nagorny district of Moscow, it is expected to operate for a limited period of five months in partnership with the Russian ADG real estate group. Decathlon explained that the new format would ...
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Martes launches new Martes Sport Pro concept
Martes Sport has branded or rebranded 70 stores as Martes Sport Pro, expanding the offer of sports equipment and enhancing the customer experience. The leading Polish sports company has opened 28 new stores since March 2020 in Poland, the Czech Republic and Romania with a total area of more than ...
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Improving results at retail in Japan
Improving results have been reported by the three major Japanese sports retailers. Xebio finished its own fiscal year on March 31 with a second sequential quarterly increase in revenues, but not enough to offset previous declines. Its net income for the full financial year inched up to ¥412 million (€3.1m-$3.8m) ...
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Intersport Austria’s retail members regain their shares
The retail members of Intersport Austria will regain ownership of the shares in their national cooperative, which had been transferred to Intersport Germany in 2013 on an interim basis. The aim at the time was to provide the Austrian retail organization with economic support following the pull-out of its largest ...
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Topsports’ annual revenues grew by 7%
Topsports, the leading Chinese sports retailer and distributor, which previously belonged to Belle International, has reported a 20 percent increase in net income to 2,770.1 million yuan renmimbi (€355.0m-$401.5m) for the financial year ended Feb. 28 on a 7 percent increase in sales to RMB 36,009 million (€4,014.0m-$5,218.7m). The gross ...
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News briefs
Foot Locker opens a flagship store in Barcelona’s Plaza Catalunya
Foot Locker has announced the opening of a 550-square-meter store at 20 Plaza Catalunya, the main square in the heart of Barcelona. Covering two floors, the new store has a special focus on sustainability and art, with mannequins made from reused sneakers and original store artwork inspired by the diversity ...
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News briefs
Decathlon France is testing an in-store “sport and health” corner
Decathlon is testing an interactive “educational corner” on sport and health, with a focus on connected devices, at its main Decathlon Campus in Villeneuve d’Ascq, in the north of France. The new space is meant to allow customers to benefit from personalized advice about how to improve their lifestyle in ...