Latest Retail News & Analysis – Page 148
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News briefs
Adidas is boosting its plans for the expansion of Adidas...
Adidas is boosting its plans for the expansion of Adidas North America's campus in Portland, Oregon. It will expand it by 425,000 square feet instead of the originally planned 200,000 sqft. extension. Overlooking the Columbus River, the campus currently hosts 1,700 employees squeezed into 365,000 sqft. of office space. It ...
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News briefs
Elan has taken over the distribution of its products in...
Elan has taken over the distribution of its products in the U.S. from Alpina Sports Corporation (ASC), the U.S. subsidiary of the eponymous Slovenian manufacturer of shoes and skis boots. The two Slovenian companies are switching roles in the U.S. ASC has been distributing Elan's snow sports products there since ...
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News briefs
Shiner, the leading U.K.-based distributor of skateboards and other action...
Shiner, the leading U.K.-based distributor of skateboards and other action sports products, has become the new strategic European licensee for Body Glove, which a goal to sell its apparel collections at 1,000 points of sales throughout the region. Marquee Brands acquired a majority stake in the Californian surf brand at ...
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News briefs
After seven weeks of work, Engelhorn Sport has completed the...
After seven weeks of work, Engelhorn Sport has completed the latest refurbishment of its flagship store in Mannheim, transforming the first and second floors. The first floor is completely dedicated to women, including a bra fitting station. The German retailer, which is a member of Intersport, had already expanded the ...
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News briefs
After two years of reconstruction that reportedly cost €35 million,...
After two years of reconstruction that reportedly cost €35 million, another large German sports store, L&T in Osnabruck, has reopened its doors, offering a new shopping experience. The biggest attraction is an artificial wave in the water basin in the basement, where people can surf. Another special feature is a ...
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News briefs
The Jelmoli “House of Brands” in Zurich has reopened its...
The Jelmoli “House of Brands” in Zurich has reopened its sports section on the fourth floor, after a strong redecoration process. Under Armour has joined the list of brands offered in the section. New is an urban fitness and lifestyle area.
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News briefs
XXL has opened its third store in Austria, in a...
XXL has opened its third store in Austria, in a space of nearly 5,000 square meters previously occupied by Sports Direct in the Donauzentrum, a big shopping center at Pasching, near Linz. The store employs 110 people. The big Norwegian sports retailer has also announced that it will soon be ...
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News briefs
Thule has opened a new concept store in Stockholm. The...
Thule has opened a new concept store in Stockholm. The store is located on the city's central shopping street, the Kungsgatan, where neighbors include the likes of The North Face, Fjällräven, Haglöfs and Norrøna, among others. The store allows the company to showcase its entire range of its transportation solutions, ...
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News briefs
Oxbow has opened its first directly operated store at 31...
Oxbow has opened its first directly operated store at 31 rue Beaurepaire in Paris, blending an urban lifestyle spirit with surf-inspired elements. The French surfwear brand owned by the Lafuma Group, which is enjoying a certain revival in contrast with the general sluggishness of the market, already has 30 franchised ...
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News briefs
The resurgent Champion brand has chosen the bustling La Brea...
The resurgent Champion brand has chosen the bustling La Brea district in Los Angeles as the location for its first U.S. retail store. It features onsite customization that allows shoppers to design one-of-a-kind Champion garments made on-demand and tailored to their preferences. Hanesbrands says that Champion selected Los Angeles for ...
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News briefs
Macron has opened a new shop inside the Marconi Airport...
Macron has opened a new shop inside the Marconi Airport in Bologna, the city where the sportswear brand is based. Macron is also the technical sponsor of Bologna Football Club (FC). The team plays in Italy's Serie A. The new store, which is located inside the Schengen Boarding Area of ...
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News briefs
Gin Kiteboarding has opened a flagship store at the St-Joux...
Gin Kiteboarding has opened a flagship store at the St-Joux kite spot in La Neuveville, in the Swiss Jura. The store features a unique concept that combines a boutique, showroom, rental station, information center and meeting place. The objective is to provide the local community with a place to relax ...
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News briefs
Karstadt's employees are to receive a special payment as the...
Karstadt's employees are to receive a special payment as the German department store group reportedly achieved a profit of €1.4 million last year. The retailer had been unprofitable since 2007 but it went through a restructuring program launched after the takeover of a majority stake by Signa Holding in 2014. ...
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Short stops
Gigasport has opened two new stores in the Steiermark area...
Gigasport has opened two new stores in the Steiermark area of Austria, taking its total network in country up to 16 doors
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Short stops
Hoka One One has opened a pop-up concession until May...
Hoka One One has opened a pop-up concession until May 6 in the men's shoe department for the Selfridges flagship store on Oxford Street in London
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News briefs
Adidas Originals has launched a footwear franchise for women, the...
Adidas Originals has launched a footwear franchise for women, the Arkyn, with a technical mesh upper in a sock-like construction, a neoprene heel and unorthodox lacing system, a Boost midsole, a rubber outsole and three-stripe branding. The company says the Arkyn W provides a fresh perspective on streetwear, while drawing ...
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Article
Adidas invests for market share and profit gains
Despite relatively weak demand for apparel, slower comparable store sales increases in Europe and delayed deliveries in the U.S. market, the Adidas Group managed a sales increase of 16 percent in constant currencies and an even sharper rise in profits for 2017, which encouraged it to upgrade its five-year profit ...
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Article
Adidas upgrades profit guidance, buys back shares
The Adidas Group has shifted gears in the first full year under the leadership of Kasper Rorsted, to amplify and accelerate the five-year strategic plan launched three years ago. The group's management team and brand assets were both rejigged, while the company implemented more centralization, tackled losses at Reebok and ...
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News briefs
Cisalfa has introduced a new e-store, developed in partnership with...
Cisalfa has introduced a new e-store, developed in partnership with Keros Digital. The upgraded e-store is meant to offer its visitors an easier shopping experience. The Italian sporting goods retailer said it chose Keros' K-Oms platform because this is designed to meet diverse order management needs, including multiple order fulfillment ...
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News briefs
SportScheck has acquired full ownership of Fitfox, an online platform...
SportScheck has acquired full ownership of Fitfox, an online platform that suggests more than 3,000 activities in 70 different sports that people can perform in fitness studios and sports halls in 50 German cities. Founded in Hamburg in 2013, the website gets more than five million visits per month. The ...
