Latest Retail News & Analysis – Page 102
-
Article
Intersport settles with creditors in Sweden at 75%
Intersport Sverige says it expects to come out of insolvency proceedings before the end of October, along with its Löplabet chain of running stores and another subsidiary, following the approval of a settlement by 99 percent of its creditors. We have learnt that they agreed to write off 75 percent ...
-
News briefsZalando launches Brand Homes for more customer engagement
Zalando has launched a new offer, called Brand Homes, that allows brands to supply high-quality and directly curated content to lead customers to engage with them on its website longer and more frequently, or to discover them for the first time. The service is also meant to enrich the customer ...
-
News briefsAmanda Rajkumar will run HR for Adidas
Amanda Rajkumar, a 48-year-old British national with 24 years of experience in human relations at other global organizations, is taking the place of Karen Parkin at the Adidas Group as the executive board member in charge of global human relations, overseeing a staff of nearly 60,000 people. She will be ...
-
News briefs
Adidas founds the Football Collective
Adidas has launched the Football Collective in London, Paris, Berlin, New York, Los Angeles and Tokyo. A form of federation of local individuals and clubs, the Football Collective intends to foster social changes through football. It will be working with local initiatives already set up under the Adidas Football Collective ...
-
News briefsMarchon gets the Converse eyewear license
Marchon Eyewear, which is already a the long-time licensee of Nike for glasses, has entered an exclusive, long-term global licensing agreement with Converse. The New York-based company replaces De Rigo as Converse’s licensee. The Italian eyewear manufacturer obtained the Converse license after taking over the American company REM Eyewear in ...
-
ArticleThe pandemic forces fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes toward fashion and retail, and calls are getting louder for “something to be done,” such as fewer collections, less fast fashion and more attention to sustainability.
-
News briefsDecathlon benefits from multi-channel model in Germany
Decathlon Germany will close the 2020 fiscal year with seven new openings and two expansions. They will more than offset the closure of five units including the French company’s first outlet in the country, opened in 1986 in the Kley district of Dortmund, and the small Decathlon Connect store opened ...
-
Short stops
RETAIL
+++ Burton Snowboards’ first Scandinavian store has opened in Stockholm, taking the place of a former bike and coffee shop at Norrlandsgatan 20 +++ Oct. 16 is the date set for the opening Goldwin’s first European flagship store in Munich’s Schäfferhof +++ Canada Goose is set to open its first ...
-
Article
Adidas completes green bond offer
Adidas has announced the successful placement of its first sustainability bond, whose offer was more than five times oversubscribed. The €500 million bond carries a 0.00 percent coupon and has a duration of eight years. It is divided into five equal tranches and will be listed on the Luxembourg Stock ...
-
News briefs
Himaraya books a loss, citing the Olympics’ cancellation
The postponement of the Tokyo 2020 Olympics and the cancellation of many other sports events weighed on Himaraya’s performance. The Japanese sporting goods retailer ended with a loss of 789 million yen (€6.3m-$7.3m) in the fiscal year ended on Aug. 31, compared with a net profit of ¥587 million for ...
-
News briefs
Save the Duck opens its second Milan store
Known for outerwear made exclusively with animal-free and “cruelty-free” materials, Save the Duck was,in June of last year, the first Italian fashion company to receive B Corp certification for the sustainability of its products and processes. In contrast with Moncler or Canada Goose, it produces its stylish jackets and parkas ...
-
News briefs
Two Norwegian distributors join forces
Spex Holding is acquiring all the shares of two Norwegian wholesale distribution companies, Beach Mountain and Response Nordic. As reported by the Norwegian Sports Industry Association, Invest42, until now the sole owner of Beach Mountain, is becoming a co-owner of Spex. Both Beach Mountain and Response Nordic, which is already ...
-
News briefsHuski Wear, a new Swedish-based skiwear brand
With the backing of a Chinese firm and a brand of hot chocolate, three veterans of the sports apparel industry, Lena Claesson, Magnus Liljeblad and Jonas Olsson, have launched a digital-only brand of sports apparel in Gothenburg, Sweden, called Huski Wear. Claesson was formerly design and product director at Peak ...
-
News briefs
Changes in the sales team at Chris Sports
Chris Sports, a Swiss distributor for numerous sports, bike and outdoor brands such as Giro, Kari Traa, Keen, Elevenate, Evoc and Mountain Hardwear, is reorganizing its business unit for hardgoods and bike products in the same way as its softgoods/shoes department – with only one sales manager – due to ...
-
ArticleVulcabras takes over Alpargatas’ Mizuno license
An asset reshuffle involving three of Brazil’s leading footwear manufacturers will result in Vulcabras Azaleia focusing on sports with its Olympikus brand and the distribution of Under Armour in Brazil, while getting out of the women’s sector and taking over a Mizuno license from Alpargatas, which will concentrate on its ...
-
News briefs
Unify distributes Nixon in the U.K.
Nixon, the California brand of lifestyle watches and other accessories, has announced a distribution contract for the U.K. with Unify Brand Partnerships, effective immediately. The partnership covers Nixon’s full range of products, including its new line of backpacks, convertible duffels, totes and other carry products made with Reprieve Our Ocean ...
-
News briefs
WMDUK to distribute Spy+ in the U.K.
Bollé Brands has appointed VMDUK for the distribution in the U.K. of Spy+, the Californian brand of action sports sunglasses, prescription frames and winter products. Founded in 1994 in San Diego, the brand was taken over by Bollé Brands in September 2019 it was taken over by Bollé Brands, which ...
-
Article
Slinger Bag teams up with Dunlop in Europe
Slinger Bag has announced a landmark deal for its game-changing tennis ball launcher with Dunlop, appointing the Sumitomo Rubber subsidiary as its exclusive distributor for several years in France, Germany, Austria, Italy, the Benelux countries, Spain and Portugal. With this distribution contract, which will essentially double its international exposure, and ...
-
News briefs
Puma appoints new distribution GM for EEMEA
Puma has assigned Johan Kuhlo to a new position as general manager in charge of distribution for Eastern Europe, the Middle East and Africa (EEMEA). Kuhlo, who has been lately the company’s head of corporate strategy and investor relations, will be working out of the German company’s regional hub in ...
-
Article
Intersport and 11teamsports strike long-term cooperation
The leading German football retailer, 11teamsports, has become a long-term cooperation partner of the five-country retail group around Intersport Germany. It is combining its strong online presence and the operations of its 30-plus physical stores in the DACH region with the buying and marketing power of Intersport. There will be ...
