Latest Retail News & Analysis – Page 137
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News briefs
The International Olympic Committee (IOC) and Alibaba Group have announced...
The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on Tmall, China's largest business-to-consumer online retail platform, operated by Alibaba. The Olympic e-store will be initially available to Chinese consumers only, with plans to later create an e-commerce platform available globally. The ...
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Decathlon is planning to open about 15 new stores in...
Decathlon is planning to open about 15 new stores in Germany this year at various locations including Fürth, Munich, Dortmund and Berlin. As previously reported, the number of its stores in the country grew in 2018 by 16 to a total of 65 units. The choice of the locations and ...
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News briefs
Courir has opened its first store in the United Arab...
Courir has opened its first store in the United Arab Emirates, based on its new Wood concept, through its master franchisee for the Middle East, Al Mana. The new store is located close to a Go Sport store in Dubai's Mall of the Emirates. Courir, a French athletic footwear chain ...
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Starting on Dec. 11, Zalando has been giving its German...
Starting on Dec. 11, Zalando has been giving its German customers the option to pay for the products they order on their iPhones with Apple Pay. It has also begun to test a “Smart Doorbell” and “Smart Doorlock” technology with the Belgian Post Office. The technology allows customers to open ...
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News briefs
The North Face has opened a lifestyle-oriented pilot store in...
The North Face has opened a lifestyle-oriented pilot store in the Williamsburg district of Brooklyn, New York, saying that it represents the next phase on the brand's retail offering, with a focus on a curated customer experience. Covering 4,000 square feet, it features higher-end collections that are more fashion-oriented.
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News briefs
Vans has sued Primark, the British fast fashion retailer, in...
Vans has sued Primark, the British fast fashion retailer, in a federal U.S. court in Brooklyn, charging that it began selling copies of its Old Skool and SK8 Hi vulcanized shoes in the U.S. The hot American brand of sneakers says that Primark started selling those knockoffs in some ...
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News briefs
Adidas is reportedly planning to launch a signature shoe for...
Adidas is reportedly planning to launch a signature shoe for Donovan Mitchell. According to a report in SLCdunk.com, the shoe is set for launch in the third quarter of 2019. Mitchell, 22, plays for the Utah Jazz of the National Basketball Association (NBA). Prior to playing in the NBA, he ...
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News briefs
Adidas has announced an initiative to help remove barriers faced...
Adidas has announced an initiative to help remove barriers faced by girls and women in sports. The She Breaks Barriers initiative expands on the #creatorsunite conversation, launched by the brand in August 2018, and is meant to inspire and support the next generation of female athletes, creators and leaders. To ...
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Article
Major sports retailers grow twice as fast as the world market
The 64 largest sporting goods specialty retail chains in the world raised their sales by 10 percent in local currencies as well as in dollars in 2017, according to an annual survey by Sporting Goods Intelligence, in spite of the strong growth of the generalist internet operators in this and ...
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Article
Global brands and retailers launch a new charter to collectively address climate change
A large group made up of global fashion brands, retailers, suppliers and other organizations is launching the Fashion Industry Charter for Climate Action, a collective initiative to address global environmental concerns, under the auspices of UN Climate Change. The group includes sports companies such as Adidas, Puma, Arc'teryx, Peak Performance, Salomon and ...
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News briefs
Adidas has announced the completion of the first tranche of...
Adidas has announced the completion of the first tranche of a share buyback program, saying that it will give a total return to shareholders of more than €1.5 billion in 2018. The company bought back 5.1 million shares, corresponding to 2.5 percent of its equity, between March 22 and Dec. ...
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News briefs
Adidas has appointed a new chief information officer, Fumbi Chima,...
Adidas has appointed a new chief information officer, Fumbi Chima, replacing Michael Vögele who has left the company at his own request. Reporting to Harm Ohlmeyer, chief financial officer, she will take responsibility for the IT department from Jan. 1. A native of Nigeria, Fumbi comes from the Fox Network ...
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News briefs
Fischer Sports has signed a distribution agreement with Vauthi Speed...
Fischer Sports has signed a distribution agreement with Vauthi Speed Oy, one of Finland's leading manufacturers of ski wax. Fischer will add Vauhti's products to its own portfolio and sell them in Austria, Germany, Switzerland, France and Russia. The distribution via Fischer will start in the coming autumn. The two companies began ...
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News briefs
Decathlon is expanding rapidly in Africa. It opened last month...
Decathlon is expanding rapidly in Africa. It opened last month its first store in Kenya, covering 1,500 square meters in the Hub Mall of Nairobi. An outdoor playground enables customers to try out new products and to discover new sports activities. The store will be supplied from a distribution center ...
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News briefs
Decathlon will open two new stores in Munich in the...
Decathlon will open two new stores in Munich in the course of next year. The French sporting goods retail chain already has one store in the Bavarian capital. Decathlon aimed to open no less than 13 new stores in Germany before the end of the year, building on its current strong portfolio ...
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News briefs
Karstadt Sports has opened a new store in Stuttgart's Königstrasse,...
Karstadt Sports has opened a new store in Stuttgart's Königstrasse, with a surface of 3,650 square meters on three floors. It's smaller than a store that the chain had in the city until 2013, but it has more modern features, similar to those that it introduced at a redesigned store ...
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News briefs
Knud Hansen, chairman of the supervisory board at Intersport Deutschland, has closed his...
Knud Hansen, chairman of the supervisory board at Intersport Deutschland, has closed his Intersport store in Kiel. The decision was taken two or three months ago, as the frequency at the store was continuing to decline. Other stores in the center of Kiel have also closed in the course of this year. Intersport ...
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News briefs
The Bründl group, an Austrian retailing group that works with...
The Bründl group, an Austrian retailing group that works with Intersport, will be going its own way on Sept. 1, 2019. Both companies are closely linked, and they have influenced the Austrian sports goods retail industry for the past five years together. The Bründl group currently manages 26 stores and 550 ...
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News briefs
Nike has opened a flagship store on the second floor...
Nike has opened a flagship store on the second floor of the Dubai Mall. The 3,500-square-meter store in the capital of the United Arab Emirates has a small basketball court. It features a women's salon, NikePlus enhancements and customization facilities for shoes and apparel. The opening in Dubai follows last ...
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News briefs
Canada Goose suspended the planned opening of a flagship store...
Canada Goose suspended the planned opening of a flagship store in Beijing, originally planned for Dec. 15, justifying the move with delays in construction. No new date was given. Observers felt that the suspension was linked to the arrest on Dec. 1 of Meng Wanzhou, the financial director of Huawei, ...
