Latest Retail News & Analysis – Page 119
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Short stops
Alibaba Group has announced a new partnership with Manchester United...
Alibaba Group has announced a new partnership with Manchester United that will give the Chinese e-commerce giant exclusive rights to share club contents in China across the group's platforms
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Article
Intersport’s internet platform widens its reach
After doing its own thing in the area of e-commerce, as the Intersport organizations in France and some other countries are still doing, Intersport Germany has decided to take part in the international development of Intersport 2.0, the omni-channel digitalization strategy of Intersport International Corporation (IIC).
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Article
China’s Topsports doesn’t disappoint with first results since IPO
After raising $1.01 billion in an initial public offering on the Hong Kong stock exchange last month, Topsports International Holdings, the sports retailing arm of Belle International, published strong results for the six months ended on Aug. 31. Sales rose by 12.4 percent as compared to the year-ago period to ...
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Article
New records for Alibaba’s Singles Day
The gross merchandise value (GMV) generated by Alibaba’s 11th Singles Day hit a record of 268.4 billion yuan renmimbi (€34.7bn-$38.3bn), eclipsing last year’s score by 26 percent, thanks in part to a longer pre-sales period, a larger assortment of discounted products, the extension of the festival to new markets outside ...
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Article
Adidas moves Speedfactory technology to Asia
By the end of this year, Adidas will be transferring the robotic Speedfactory technology that it has developed in cooperation with Oechsler to two of its Asian footwear suppliers to help increase the flexibility of the design and production process. With production times substantially cut there, Adidas says it will ...
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Article
Nike stops with Amazon’s marketplace
A few days after the appointment of a new chief executive, John Donahoe, who previously ran eBay, the Swoosh announced that it will stop a pilot program, initiated in 2017, to sell selected products on the Amazon Retail marketplace. Nike justified the move with its “focus on elevating consumer experience ...
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Article
Zalando is raising standards and fees
Zalando has taken a series of measures to make its delivery services more efficient, to increase revenues and profitability, and to reduce the environmental impact of its operations. One such measure is to terminate home pick-up for premium German customers who wish to return items. This service, which was part ...
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Article
Adidas partners with the Space Station
Adidas has announced a multi-year partnership with the International Space Station (ISS), the space laboratory managed by the U.S. Center for the Advancement of Science in Space (Casis). The partnership will explore breakthroughs to improve the future design and engineering of sporting products on and off Earth. For to station’s ...
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News briefs
Dielmann, a German retailer with 49 footwear and sporting goods...
Dielmann, a German retailer with 49 footwear and sporting goods stores operating under banners such as Schuhhaus Dielmann and Sporthaus Robert Hübner, has appointed a retail expert, Manuel Farrokh, as its new executive manager, responsible for project and risk management. In his new role, he will work closely with the ...
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News briefs
Through AliExpress, Alibaba is inviting Spain's retailers to partner with...
Through AliExpress, Alibaba is inviting Spain's retailers to partner with it to fend off the threat of Amazon. Spain is Alibaba's third-largest market worldwide, after China and Russia. About a year ago, several large retailers in the country signed on to become pick-up points for purchases made on Alibaba's portal. ...
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News briefs
BM Sportech, a big Spanish wholesale distributor, has purchased 100...
BM Sportech, a big Spanish wholesale distributor, has purchased 100 percent of Goita Sport, itself the Spanish distributor of Bergamont Bicycles, Outdoor Research and UYN. BM was already the majority shareholder in Goita, which was founded in 2011 by Oriol Rovira, and plans to have it integrated fully by Dec. ...
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News briefs
Helly Hansen is reorganizing its distribution in Switzerland. The Norwegian...
Helly Hansen is reorganizing its distribution in Switzerland. The Norwegian ski and outdoor brand opened a new showroom in Zurich in October and appointed Yves Vaucher to the newly created position of field account manager. Together with Daniel Ley, key account manager, he will manage the new, 280-square-meter showroom. Vaucher ...
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News briefs
DPS Skis of Salt Lake City, Utah, has continued to...
DPS Skis of Salt Lake City, Utah, has continued to grow its presence globally by adding a distributor for Norway, Roxee Sport; an agent for Austria, Heimo Baer; and a regional sales representative for Western Canada, Sasso Vertical. Baer is a sales representative for Sail & Surf, an Austrian wholesaler ...
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Short stops
Sportmed is taking on the distribution in Spain of Le...
Sportmed is taking on the distribution in Spain of Le Col, the British brand of Italian-made cycling apparel
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News briefs
Stadium has given up in its expansion into Germany after...
Stadium has given up in its expansion into Germany after five years on the market and is closing its only three stores in the country, all located in Hamburg. The management of the Swedish sports retailer mentioned a difficult market situation combined with high rents. In addition to Sweden, Stadium ...
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News briefs
Intersport opened its biggest flagship store in Europe on Nov....
Intersport opened its biggest flagship store in Europe on Nov. 14 in Graz, Austria. The family business Tscherne, which manages 12 Intersport stores in Austria, invested €6 million, and construction began three months ago. The 7,500-square-meter store includes a 100-square-meter ski hut as well as a tree house and ice ...
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News briefs
Sport 2000 Austria has redesigned its rental website. With better...
Sport 2000 Austria has redesigned its rental website. With better usability, mobile optimization and modern design, it is now easier for customers to rent winter equipment.
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News briefs
With three more stores due to open in Spain next...
With three more stores due to open in Spain next month, Courir will be meeting its goal of operating 15 stores in Spain before the year is out. It will have opened 11 during 2019. The 12th of these opened just a few days ago at the X-Madrid “anti-mall” in ...