All Sweden articles
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News briefsSwedish sports retail sees eighth straight quarterly decline
Despite a snowy kick-off to the winter season, the sports retail sector in Sweden did not manage to post positive figures during the fourth quarter of 2024. While the snow provided a significant boost, sales declined by 0.4 percent. This marks the eighth consecutive quarter of negative trends in the ...
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ArticleXXL misses target in Q3: “Neither proud nor satisfied”
Source: XXL Freddy Sobin CEO Freddy Sobin, in office since May 2023, began the presentation of XXL ASA’s Q3 financial report by saying, “We are neither proud nor satisfied with the results.” The retail company’s sales fell 10.2 percent in the third quarter. At the same time, ...
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News briefsDecathlon to close two of its four stores in Sweden
Citing Fastighetsnytt, ehandel.se reported at the end of last week that the French sports chain Decathlon has decided to close two of its four Swedish stores. Decathlon established itself in Sweden in 2011 with a first test store in Bromma. The idea was then to expand extensively with stores in ...
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ArticleEverysport Group sells media portfolio worth €3.8m
Stockholm-based Everysport Group AB, divided into the Everysport Media and Every Padel businesses, has reached an agreement with Better Collective A/S to divest a portfolio consisting of the brands and media sites SvenskaFans (Sweden’s largest online sports fan community with over 750 active contributors), Hockeysverige (the largest ice hockey news ...
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ArticleA “courtside” look at the pádel market
Sales have been flat so far this year at Padel Courts Deluxe, CEO Fernando Cánovas tells CMDsport. Now that mid-year is behind us, moreover, he believes it safe to say that 2023 will be a year of transition in the pádel-court business, with growth picking up once more in the ...
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ArticleEverysport Group acquires equestrian sports media company
Stockholm-based Everysport Group AB, divided into the Everysport Media and Every Padel businesses, has reached an agreement to acquire equestrian media company Hippson Aktiebolag. The seller of the transaction is Perlavita AB, which is owned by AltoCumulus (a family business within the Axel Johnson Group). The acquisition complements Everysport’s existing ...
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ArticleA pádel headhunter and consultant surveys the court
Fernando Blanca has given CMDsport a tour of the world of pádel from his perspective as director general of the specialized headhunting agency Padel Recruits and director of marketing and international business development at the consultancy World of Padel. The state of the sport overall is “good,” with steady growth ...
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News briefsStadium launches collaboration with para-alpine skier Ebba Årsjö
Source: Stadium Ebba Årsjö Swedish retail chain Stadium and Swedish para-alpine skier Ebba Årsjö are entering into a long-term collaboration next year. The main focus of the partnership is to inspire children and young people to try new sports and take on challenges in their own way, ...
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News briefsWeSports completes acquisition of Kraftmark
Stockholm-based group WeSports, through its subsidiary Vartex – a Nordic provider of fitness equipment and services – announced today that it has completed the full acquisition of the Swedish fitness and sporting goods company Kraftmark. WeSports acquired the Kraftmark brand and its trademarks in October 2022. When Kraftmark’s Swedish distribution ...
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News briefsSweden considers 2030 Winter Olympics bid
The Swedish Olympic Committee (SOK) has announced that it has started “a preliminary study” to consider a potential bid for the 2030 Winter Olympic and Paralympic Games. SOK acting vice president Hans von Uthmann will head the feasibility study’s steering group. The committee is planning to release an interim report ...
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ArticleSwedish sports retail down 7.5 percent in Q4, index now with racquet sports
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
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News briefsSwedish sportswear brand Aim’n to open flagship store in Stockholm
In early 2023, Swedish sportswear brand Aim’n will open a new, approximately 180-sqm flagship store at Kungsgatan 4 in Stockholm. Aim’n opened a pop-up store in the fall and is now investing in a permanent store in a retail building on Kungsgatan, a centrally located main street in the Norrmalm ...
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News briefsStadium hires new head of exclusive brands
Source: Stadium Dennis Majer, new head of exclusive brands Swedish sporting goods retailer Stadium has hired Dennis Majer as the new head of its exclusive brands, which include the Everest and Soc labels. Majer has 20 years of experience in the retail, fashion and sports business. He ...
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ArticleNext Textile conference (Oct. 26) focusing on “Re: Source as A Resource”
The theme of this year’s NEXT TEXTILE conference will focus on Re: Source as A Resource, as the need to rethink has never been more significant. But, conversely, opportunities through innovations have never been greater. The event will take place at Sweden Fashion Textile Center in Borås, ...
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News briefsSnowsports year-round in the heart of Stockholm
SkiStar, a company that runs Scandinavia’s biggest resorts, has worked with dry slop surface manufacturer Neveplast to create SkiStar SummerSki, a new 470-meter long dry ski slope in the heart of Stockholm. With an overall skiable surface of 9,000 square meters, the slope is one of Europe’s longest and largest ...
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ArticlePhysical retail in Sweden grows 3% in 2021
On behalf of the Swedish Trade Council, HUI Research conducts an annual study of Sweden’s regional retail businesses across all consumer goods segments. The survey, which has been running since 1992, contains unique data and is one of the most reliable sources of knowledge about retail trade at the local ...
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News briefsLoans to help Pádel Nuestro expand in Sweden
Pádel Nuestro has secured two loans whose total of €2.84 million will go towards acquiring real estate, inventory and other costs associated with opening own stores in Sweden’s big cities. The group has six Swedish stores already, all of them franchises. The lender is COFIDES, public-private company combining Spanish state ...
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News briefsBlue Tomato opens first store in Sweden
Boardsports and streetwear specialist Blue Tomato has chosen Gothenburg for its first Swedish shop. The 260-square-meter retail store is located at Vallgatan 34. Blue Tomato was founded in 1988 by Austrian snowboarder Gerfried Schuller and opened its first store in 1994. Since 2012, the company has been owned by U.S.-based ...
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ArticleSwedish sports retail down in Q1 according to Svenskt Sportforum
The Sportindex from the Swedish sporting goods trade association Svenskt Sportforum shows that total sports retail sales in the country fell 9.6 percent in Q1 2022 compared to the same period last year. Same-store sales fell by 9.3 percent, while e-commerce saw a steeper decline of 16.5 percent. The e-commerce ...
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ArticleSweden’s Löplabbet continues to grow and breaks new records
Intersport Sweden-owned running shop chain Löplabbet closed its books for 2021 with solid growth and new records. For the year, which has been challenging for everyone in the sector, the development was positive in all of the chain’s stores and e-commerce. Source: Löplabbet Stellan Kinell, head of Löplabbet ...
