All Retail articles – Page 4

  • sports-direct

    Sports Direct’s parent sees sales fall, new Covid restrictions likely


    Frasers Group – the parent company of Sports Direct and other retail chains – reported mixed results as sales declined in all its segments except Premium Lifestyle for the fiscal year ended April 25, noting that it was marked by about six months of temporary closures for virtually ...

  • Article

    Ashley passing CEO role at Frasers to his daughter’s fiancée


    Michael James Wallace Ashley , who founded the company now called Frasers Group in 1982 and owns 64 percent of its shares, is planning to hand over the position of CEO to Michael Murray on May 1, 2022, after the end of the company’s current financial year. A ...

  • Article

    Zalando posts strong double-digit sales growth in Q2


    Zalando posted group revenues of €2,733.1 million in the second quarter, up by 34 percent from the second quarter of 2020. The gross merchandise value (GMV) jumped by 40 percent to €3.8 billion. GMV is the value of all merchandise sold to customers after cancellations and returns and including ...

  • Alibaba

    Alibaba’s revenues rise by 34% but miss expectations


    The Alibaba Group posted revenues of 205.7 billion yuan renmimbi (€26.9bn-$31.9bn) in the first quarter of its financial year, ended June 30, an increase of 34 percent on the year earlier but below analyst expectations of a top line of at least RMB 209 billion (€27.3bn-$32.3bn) and lower than ...

  • News briefs

    TAF in line for sales of $500m this year


    Announcing the closing of the transaction for the planned sale of The Athlete’s Foot to the Arklyz Group , Intersport International Corp. says the lifestyle footwear chain’s franchisees around the world raised its sales by more than 40 percent in the first half of this year. Param Singh ...

  • News briefs

    Federal authority confirms re-transfer of shares to Intersport Austria


    The relevant authorities have approved the terms for the planned transfer of the shares in the Intersport Austria cooperative from Intersport Germany to the retail members of the Austrian buying group. Technically, the shares will be sold to a newly founded company, Premiumsport Service , based at ...

  • News briefs

    Decathlon is the leader of the web in Spain


    With 18.6 million average visits per month, Decathlon is the most visited online retail platform for sports and fashion products in Spain, according to data from SEMRush . The number of online monthly visits on its Spanish website jumped by 22.2 percent in the last year alone, because of ...

  • Article

    Sportmaster tests a Russian robot in its stores


    Sportmaster , the leading sporting goods retailer in Russia, has successfully tested a prototype of a robotic merchandiser developed by a Russian scientific group, FIOP Rusnano . The tests were carried out by R2 Robotics , a startup belonging to the state-owned Rusnano Group . R2 Robotics’ robot merchandiser ...

  • foot+locker

    Foot Locker agrees to buy two chains in the U.S. and Japan


    Foot Locker has announced two major acquisitions, one in the U.S. and the other one in Japan, where it is set to acquire Text Trading Company , which owns and licenses the upscale Atmos brand of sneakers and streetwear. It will be paying $360 million and an earnout ...

  • News briefs

    Decathlon opens its largest African store in Casablanca, opening it up to other brands


    Decathlon has opened its 17th store in Morocco in the city of Casablanca. It is also the fourth Decathlon store in Casablanca alone and the French chain’s largest store on the African continent. The new 3,000-square-meter store sells clothing and equipment for more than 60 different sports. It features ...

  • News briefs

    Decathlon products in Manor department stores in Switzerland


    Decathlon is consolidating its cooperation with the Maus-Frères group, which is its joint venture partner for Switzerland, by offering some of its private label items in ten of the group’s Manor department stores in the country and on the chain’s web store, starting with the outdoor segment. The ...

  • News briefs

    Consolidation in French sports e-tailing

    2021-07-23T17:12:00Z reports that Lefreto , a French e-tailer that already owns three other sports-related transactional websites, has taken over Glisse-Proshop , a French multi-channel retailer that specializes in products for all kinds of boardsports, including surfing and snowboarding. Glisse-Proshop is more surf-oriented than Glisshop , another French e-tailer owned ...

  • Article

    Expanded: Lidl launches a golf range in many European countries


    After offering sports products for fitness, running, cycling, winter sports and more, Lidl has now launched a comprehensive range of clothing and accessories for amateur golfers in many of its stores in several European countries: France, Germany, the U.K., Ireland, the Netherlands, Finland, Sweden, Denmark, Belgium, the Czech Republic, ...

  • News briefs

    An Austrian women’s soccer club wins a Sport 2000 team bus


    In a campaign to support and appreciate the added value provided by local sports clubs to society, Sport 2000 searched for the most popular club among the 15,000 team sports clubs operating in Austria through an online poll. Among the nearly 100 teams that applied to participate in the ...

  • News briefs

    JD Sports invests in Gym King


    JD Sports Fashion has announced the acquisition of a “significant” minority stake in Gym King . Founded in 2015 by Jay Parker , Gym King is a U.K.-based brand of athleisure and performance wear. The deal is supposed to support Gym King’s growth and international expansion in the U.S., ...

  • Asos logo
    News briefs

    Asos warns of volatility ahead while global sales rise


    Asos, the British online fashion retailer, warned of volatility in the months ahead, due to the rapidly evolving Covid situation worldwide, as it reported a rise in sales and maintained its guidance for annual profits. It pointed out that profits were being squeezed by increased freight costs and global supply ...

  • News briefs

    BrandFusion will sell Champion and O'Neill shoes in the Netherlands


    A Dutch sales agency, BrandFusion, has agreed to include the footwear collections of Pantofola d’Oro, Champion and O’Neill in its product portfolio for the Dutch market, according to Sport Partner . These brands are licensed for various territories by the five-year-old Brandsplus Group , which is also the ...

  • News briefs

    Decathlon launches Tennis eSports at flagship store in London


    Until Thursday Sept. 30, the Decathlon store in London Surrey Quays will present the world premiere of Tennis eSports , in partnership with VR Motion Learning . Customers will have a chance to play realistic virtual reality (VR) tennis in the 300-square-meter space that the store has specially devoted ...

  • News briefs

    Decathlon becomes an official partner of Paris 2024


    Decathlon has signed up as an official partner of the Paris 2024 Olympic and Paralympic Games . The leading French sporting goods retail chain will kit out the 45,000 volunteers who are expected to work at the Games in the French capital. The volunteers will wear eco-designed uniforms, specially ...

  • News briefs

    Sportmaster invests to popularize sports lifestyles in Russia


    Sportmaster , the biggest sporting goods retailer in Russia, says it has built 825 sporting grounds in 76 Russian cities to make sports more accessible and popular for local citizens. The eventual target is to ramp up this figure to 1,000 sporting grounds in 100 cities. Sportmaster said that ...