Latest Retail News & Analysis – Page 130
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News briefs
Keller Sports, the German e-tailer of premium sporting goods, has...
Keller Sports, the German e-tailer of premium sporting goods, has won the German Innovation Award for two services: the Keller sMiles reward app and the Keller Premium Membership. The sMiles app can connect to any of several activity-tracking apps, such as Garmin ConnectTM, Nike Run Club, Google Fit, Apple Health ...
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News briefs
NK Sport, the high-end sporting goods store in Stockholm, will...
NK Sport, the high-end sporting goods store in Stockholm, will reopen in September after a renovation of its 1,800-square-meter space. It hopes to offer current and new NK customers an inspiring, modern sporting goods environment that is closely linked to the fashion scene. What used to be a focus on ...
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News briefs
Brede Birkeland has left his role as chief executive of...
Brede Birkeland has left his role as chief executive of Platou Sport, a small Norwegian sports retailer. His brother and co-owner, Bjarte Birkeland, will take over. The reason for the shift is that the brothers have decided to split their tasks in a different way, partly because of an increased ...
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News briefs
Puma has opened a new Ultra Football concept store in...
Puma has opened a new Ultra Football concept store in Sydney that features digital product displays giving information about an item when a customer touches them. The technology will be rolled out to other Puma flagship stores in the future.
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News briefs
Anima Athletica, the French activewear brand founded by Alexia Romanet...
Anima Athletica, the French activewear brand founded by Alexia Romanet in 2012, is off to a fresh start. After going into receivership, then into liquidation in October 2017, the company is now being relaunched by Emmanuel Vial. As reported in the French edition of Fashionnetwork.com, the new Anima Athletica will ...
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News briefs
After a beta test in France that began a year...
After a beta test in France that began a year ago, Google is taking its Shopping Actions experience to the U.S. With this application, customers are able to buy products online from a brand or a retailer through their own Google account, without registering for the service and without leaving ...
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News briefs
In a further step toward becoming an online marketplace, Instagram...
In a further step toward becoming an online marketplace, Instagram has launched its own internet retail account internationally under @shop. Its own team recommends products such as shoes, handbags and pullovers, tracking trends and posting their pictures on its social media platform, which is owned by Facebook, just like its ...
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News briefs
Zalando wants to reinforce its partnership with brick-and-mortar stores because...
Zalando wants to reinforce its partnership with brick-and-mortar stores because it is losing about 20-30 million transactions per year, which equals about €1 billion in sales, due to a lack of stock in its own warehouses. Zalando is already working with more than 1,000 shops in Germany, but wants to ...
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News briefs
Gore-Tex recently opened a pop-up store at a German shoe...
Gore-Tex recently opened a pop-up store at a German shoe retail store called Schuh Reindl. The pop-up store, covering 40 square meters, is located in Rosenheim. It's the company's first pop-up store in Germany. There, consumers can test sneakers, casual shoes, trekking shoes and running shoes made with Gore-Tex fabrics. ...
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Short stops
SportScheck is reopening its store in Hamburg on June 13...
SportScheck is reopening its store in Hamburg on June 13 after a major overhaul, introducing more multi-channel features
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News briefs
Adidas succeeded in securing copyright registration in the U.S. for...
Adidas succeeded in securing copyright registration in the U.S. for the styling of the Yeezy Boost 350 v1 and v2 sneakers as the review board of the U.S. Copyright Office reversed an earlier decision rejecting the unique “artwork and sculpture” of the designs, according to The Fashion Law.
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News briefs
Adidas is about to lose its 35-year-old endorsement of the...
Adidas is about to lose its 35-year-old endorsement of the Spanish Football Federation, according to Reuters, after several months of unfruitful negotiations. The Spanish organization, which is actually called the Real Federación Española de Fútbol (RFEF), apparently claims that the current agreement does not meet current criteria for minimally acceptable ...
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News briefs
Kappa has signed a three-year partnership with Fanatics to become...
Kappa has signed a three-year partnership with Fanatics to become the kit supplier to Aston Villa, a second-tier English soccer club. The team was previously sponsored by Under Armour, but the deal was terminated three years early in April 2018. Luke1977, a brand based in Birmingham, then partnered with Fanatics ...
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News briefs
Adidas is releasing a Parley for the Oceans edition of...
Adidas is releasing a Parley for the Oceans edition of its Alphaedge 4D running shoe. The upper of the Alphaedge 4D Parley for the Oceans shoe is made with recycled ocean plastic debris. The shoe also features the Adidas 4D midsole, developed in partnership with Carbon. This midsole is produced ...
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Article
Adidas’ margins climb further, European sales lag behind
The Adidas Group continued to emphasize profit margins in the first quarter of 2018. Its net earnings from continuing operations went up by 16.5 percent to €631 million, and earnings per share actually leaped by 19 percent as the company continued its share buy-back program. Sales increased by only 6.1 ...
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Article
Adidas extends its contract with Real Madrid, paying dearly
Adidas and Real Madrid have agreed on a new contract that extends their partnership for eight more years, through June 2028. The parties have agreed not to disclose the value of the deal. According to various sources, it is worth between €100 million and €120 million a year, but Adidas ...
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Article
Zalando expands its customer reach
Zalando reported that the number of active customers increased by 14.1 percent year-on-year during the first quarter of 2019 to 27.2 million, with site visits rising by 29.5 percent to 924 million. The larger customer base placed more frequent orders than before. The number of orders per active customer grew ...
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Article
Asos is not doing as well as Zalando
Zalando saw its share price go up after already it announced that it expects to post a positive adjusted operating profit (Ebit) in the single-digit million range for the first quarter of this year, in contrast with market expectations of negative Ebit of €10 million. Meanwhile, its big British rival, ...
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News briefs
Deporvillage, the Spanish sports e-tailer, has launched its own cycling...
Deporvillage, the Spanish sports e-tailer, has launched its own cycling brand and will be its exclusive vendor. It is called Finisseur – the term for a cyclist who performs his team's final sprint – and its slogan is “Never look back.” The brand consists of more than 50 technical items: ...
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News briefs
The Adidas Group has three new members on its supervisory...
The Adidas Group has three new members on its supervisory board. At the company's annual general meeting on May 9, Thomas Rabe, Bodo Uebber and Jing Ulrich were elected to the board. Rabe has been the chief executive of Bertelsmann since 2012, Uebber is financial director of Daimler and Ulrich ...
