Latest Retail News & Analysis – Page 116
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Opinion
Why 2020 could be the year Amazon becomes unstoppable
From infiltrating the pharma business to owning the internet, the Amazon juggernaut will be flexing its muscle with broad implications.
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Analysis
Global industry stocks leap by 46%, led by sports retailers
This exclusive chart shows the market capitalization development of the top 85 stock listed sporting goods companies (2019 to 2018). This is exclusive data and analysis for Professional Members.
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Article
Russia’s Sportmaster buys the Danish chain by the same name
Sport Danmark, the company that owns the Danish loss-making Sportmaster chain of sporting goods stores, was sold on Dec. 23 by Nordic Capital to a company in Singapore, Sportmaster Operations Pte., created by the Russian Sportmaster Group in 2012 to oversee its development in China and to conduct acquisitions in ...
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Article
Sportmaster reportedly emerges in Uzbekistan
The leading Russian sporting goods retailer is to open three stores in Uzbekistan, starting in March, in three of its shopping malls in Uzebistan’s capital city of Tashkent, said a local real estate operator, The Tower MMG. The new stores will occupy 1,100 to 1,270 square meters each.
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Article
Another new chief executive for XXL
After issuing yet another profit warning for the fourth quarter of 2019, the board of directors of XXL ASA announced earlier this week that it has appointed Pål Wibe as the new chief executive of the company, which is the largest sporting goods retailer in the Nordic countries.
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Article
Decathlon Germany will open a third logistics center and its largest store
After 16 new store openings in 2019, Decathlon Germany ended a very successful year with a total of 80 doors, compared with only 26 at the end of 2015. More or less until 2010, the French retailer had a tough time in the market, due in part to its disruptive ...
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Article
Adidas launches a skiwear line
Confirming a report in Süddeutsche Zeitung, Adidas says it is planning to enter the snow sports market with a line of winter sports apparel for cross-country and alpine skiing, ski touring and snowboarding for the autumn/winter 2020/21 season. It will be launched under its growing sub-brand for outdoor products, Adidas ...
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Article
Half of Spain’s snow sports retailers are gone, but...
There is some general good news for Spain’s ski sector. Thanks to this past Christmas, the 2019/20 ski season is off to a strong start. The main ski lodges in Spain and Andorra have seen skiers’ numbers increase. The Aramón group had its second-best start ever, with 325,000 skiers, and ...
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Article
Sports brands and retailers help fight Australian blaze
Several companies in the sporting-goods industry are making donations to help rescue wildlife and help fight the great bushfires that have kept swaths of Australia ablaze since early September. They appear to be the worst fires on the continent since the mid-1970s. So far, they may have killed as many ...
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Article
Nike and Adidas trigger distinct emotions
In an interesting exercise, CMDsport has pitted the top two sports brands against each other in a survey of 5,491 Spaniards who read its publications. At stake were the “emotions” that these brands inspire. The Spanish trade paper developed a list of 34 such emotions or perceptions and asked participants ...
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News briefs
Sport 24, the third-largest sporting goods retailer in Denmark, which...
Sport 24, the third-largest sporting goods retailer in Denmark, which has been growing fast, has moved to a new 3,200-square-meter headquarters in Jutland. Henrik Bruun, the founder, has used his own money to build an attractive, modern building to handle all functions for the chain's six divisions. There is also ...
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News briefs
In the summer of 2019, Zalando completed the construction of...
In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...
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News briefs
Adidas has announced the start of the third tranche of...
Adidas has announced the start of the third tranche of its multi-year share buyback program, which calls for the purchase of up to €3.0 billion worth of its own shares between March 2018 and May 2021. It is planning to purchase own shares worth up to €1.0 billion in 2020. ...
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News briefs
Reef Lifestyle, the premium surf brand recently divested by VF...
Reef Lifestyle, the premium surf brand recently divested by VF Corp., has established partnerships to transfer the distribution of its footwear to specialists in Europe, the Middle East and Africa (EMEA). The distributors include Brandfusion Holland (Netherlands, Belgium and Luxembourg), Quality Brands (Germany, Austria, Switzerland and France), Georgoudas OE (Greece), ...
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News briefs
In order to position the brand more clearly in Scandinavia,...
In order to position the brand more clearly in Scandinavia, Hummel has opened an office and showroom in Askim outside Gothenburg, run by a Swedish country manager, Rikard Björk, says Sportfack. The Danish sports brand was previously using an agent for Sweden. The new subsidiary is expected to establish Hummel ...
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News briefs
Giant Ibérica struck a collaboration agreement with Giant France in...
Giant Ibérica struck a collaboration agreement with Giant France in late December and, with the turn of the new year, has begun operating through the latter subsidiary. The agreement covers marketing, sales, logistics and product development. The cycling brand is thereby consolidating its largest market worldwide. France, Spain, Portugal and ...
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Short stops
Nike is reportedly forbidding its retail partners in the U.S....
Nike is reportedly forbidding its retail partners in the U.S. from shipping its products internationally
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Short stops
Ciclosport will take care of German sales for Digitsole, the...
Ciclosport will take care of German sales for Digitsole, the French brand of app-activated sneakers that can regulate their temperature
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News briefs
Operating entirely within Spain, Sprinter has become the top banner...
Operating entirely within Spain, Sprinter has become the top banner of the Iberian Sports Retail Group, a joint venture between JD Sprinter and Sport Zone that is now entering its third year of operation. Store totals per banner have changed significantly over this time. At present, however, the group counts ...
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News briefs
Tradeinn was expecting to close out 2019 with about €150...
Tradeinn was expecting to close out 2019 with about €150 million in sales. The Spanish online retailer of sporting goods has instead achieved €188 million, for a leap of 40 percent from the previous year. According to the founder, David Martín, the group was already looking past its stated target ...