All Retail articles – Page 8

  • Article

    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). ...

  • 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 ...

  • 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 ...

  • Article

    After rising by 83.1% in Q1, Foot Locker will downsize its U.S. fleet


    After phasing out Runners Point in Germany, the Foot Locker group is now planning to phase out its mall-based Footaction chain in the U.S. About two-thirds of its 230-odd stores will be closed over the next couple of years as leases expire, while the others will be ...

  • News briefs

    Google to open in NYC its first permanent retail store


    Google is opening its first permanent retail store this summer at the company’s Chelsea campus in New York City, which is already home to many of Google’s 11,000-plus NYC employees. Google has not announced a date for the opening. The store will sell a variety of products, from Pixel ...

  • News briefs

    Decathlon plans to introduce franchising in Switzerland


    Decathlon is further expanding its activities in Switzerland, while introducing the concept of franchising in mountain areas. According to Swiss media reports, a first franchise store is to open in Valais in the winter of 2022. Decathlon also intends to generate further growth in its wholesale business. Since mid-2020, ...

  • News briefs

    Decathlon plans to expand further in Italy


    Decathlon has plans for eight new stores in Italy by the end of the year, four of which have already been inaugurated. The new stores are located in Asti, Bologna, Lonato del Garda (Brescia), Ponte nelle Alpi (Belluno) Roma Ostiense, Taranto, Trapani and Venaria (Turin). The new openings, which ...

  • SignaSportsUnited

    Signa is negotiating to use the Padel-Point name in Spain


    Signa Sport United is in negotiations to overcome a stumbling block to the use of its Padel-Point brand in Spain. As we reported in March , there already exists a pádel club called Padelpoint (no hyphen) – with an accompanying e-commerce site, – in La ...

  • Article

    Stores remain closed in Germany, will reopen in France


    Sporting goods stores and other so-called “non-essential” physical retail operations are re-opening in all the major European countries except in Germany. They are set to open again in France on May 19. They have been rising sharply in England and Wales since they were allowed to open again on April ...

  • News briefs

    Angling Direct’s former CEO, Darren Bailey, is leaving


    Darren Bailey , the former CEO and managing director of Angling Direct , is leaving the company. Bailey, who moved from CEO to non-executive director in 2019, informed the board that he would not stand for re-election at the May 11 annual meeting. He has been with the leading British ...

  • News briefs

    Shares of Sports Direct’s parent reach a 52-week high


    Frasers Group , which owns Sports Direct International and many other assets, has launched a new share buyback program, limiting the maximum aggregate purchase price at £60 million (€69m-$83m) for a total of up to ten million shares. It started on May 4 with the acquisition of 3,189 shares ...

  • News briefs

    Cisalfa expands its retail network after a 2.7% sales drop


    Italy’s Cisalfa Sport Group suffered a relatively small decline of 2.7 percent in consolidated sales to €439.5 million in the financial year ended Feb. 28. Excluding revenues of €179 million from the Intersport business in Italy, Cisalfa Sport and its other integrated sporting goods retail chains had revenues ...

  • Article

    Padel Nuestro seeks investors


    According to anonymous sources cited by CMDsport , Grupo Padel Nuestro is in late-stage negotiations with various operators in the pádel market and other investors. The Spanish group hopes to raise capital chiefly for international expansion. According to the report, the negotiations follow on the heels of failed ...

  • News briefs

    No change planned in JD’s top management


    In response to our inquiry, a spokesman for JD Sports Fashion denied a report in The Sunday Times that Peter Cowgill , the company’s dynamic executive chairman and CEO, was planning to step down from its day-to-day functions, hiring a CEO to help manage the group’s growing range of ...

  • News briefs

    JD buys a small meanswear retailer


    JD Sports Fashion has acquired Oi Polloi , an upscale casual menswear store in Manchester, and its online shop. Founded in 2002, the retailer offers clothing under its own label as well as brands such as Adidas , Reebok , Converse , Keen , Patagonia ...

  • 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 . ...

  • 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 ...

  • 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 ...

  • 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 ...

  • Short stops



    +++ 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 ...