Latest Retail News & Analysis – Page 184
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News briefs
The North Face has opened its newest flagship store at...
The North Face has opened its newest flagship store at 290 Regent Street in London. The 400-square-meter location features on-site lockers to allow customers to leave their belongings and “explore” London freely. Screens will show the latest adventure films. Sponsored athletes will make appearances at the store.
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News briefs
Haglöfs is launching an online store in Sweden and preparing...
Haglöfs is launching an online store in Sweden and preparing to open others across the Nordic markets and Europe. The company described the Swedish online store as part of a wider digital initiative for the company, with Europe to be covered shortly and online stores to be opened in all ...
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News briefs
Working through its new Japanese distributor, SSK Corporation, Schöffel has...
Working through its new Japanese distributor, SSK Corporation, Schöffel has opened three stores in the cities of Osaka, Nagoya and Tokyo. Two more are planned for next year. In addition to Schöffel's apparel collections, the stores carry Lowa shoes and Deuter backpacks.
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News briefs
Crocs reported a net loss of $27.8 million for the...
Crocs reported a net loss of $27.8 million for the third quarter, compared with net earnings of $12.0 million in the year-ago period. The loss came after non-recurring and special charges of $8.6 million in the latest period, compared with charges of $17.4 million a year earlier. Revenues declined ...
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News briefs
The sports & leisure segment of Uvex Winter Holding, which...
The sports & leisure segment of Uvex Winter Holding, which produces eyewear and helmets under the Uvex and Alpina brands, raised its sales by 6 percent in the financial year ended June 30, reaching a level of €117.2 million, accounting for 29 percent of the group's total turnover. Weak sales ...
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News briefs
Nautilus saw its revenues increase by 19.7 percent to $70.7...
Nautilus saw its revenues increase by 19.7 percent to $70.7 million for the third quarter. An increase of 24.3 percent in direct sales to $42.9 million was driven by demand for the Bowflex Max Trainer range, while cardio products and Select Tech dumbbell sales supported a retail sales gain of ...
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News briefs
Fitbit reported sales of $409.3 million for the third quarter,...
Fitbit reported sales of $409.3 million for the third quarter, which was more than double the turnover of $152.9 million reached in the same quarter last year. The U.S. maker of connected health and fitness products said it sold 4.8 million devices during the quarter, but its net income shrank ...
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News briefs
The average number of rounds of golf played in the...
The average number of rounds of golf played in the U.K. during the third quarter of this year is down by 7 percent compared with the third quarter of 2014. The total since the beginning of the year remains up by 1 percent thanks to a good first half. Scotland ...
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News briefs
Dutch sports retailers who took part in the Inretail Sport...
Dutch sports retailers who took part in the Inretail Sport Monitor raised their sales by 2.5 percent for the third quarter, Sport Partner reports, compared with smaller rises of 0.7 percent in the first quarter and 0.8 percent in the second quarter. The third quarter got off to a promising ...
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News briefs
The Brazilian sporting goods market increased by 6.7 percent to...
The Brazilian sporting goods market increased by 6.7 percent to 15.1 billion reais (€3,693.7m-$3,974.6m) in 2014, according to a local market research company, Iemi, which studies mainly the footwear and apparel segments. The growth is expected to soften to 2.5 percent this year. About one-third of the turnover is being ...
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News briefs
The “sport system” in the industrial cluster of Montebelluna, which...
The “sport system” in the industrial cluster of Montebelluna, which includes many large and small outdoor-related companies, generated total sales of €1.44 billion in 2014, up from €1.28 billion in 2007, just before the latest economic crisis. The number of companies involved in the sector declined from 491 to 487, ...
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News briefs
Sports Connection, the distributor of Skechers in the Nordic countries,...
Sports Connection, the distributor of Skechers in the Nordic countries, says that its sales grew by more than 125 percent so far this year. The biggest growth took place in Denmark, the distributor's home market, but the other three Nordic countries – Sweden, Norway and Finland – also registered an ...
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News briefs
Bergans of Norway has signed a distribution contract for Switzerland...
Bergans of Norway has signed a distribution contract for Switzerland with ACE Alpine & Climbing Equipment. The territory was previously serviced from Bergans' German sales subsidiary. The deal will become operational with orders for the autumn/winter 2016/17 season.
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Short stops
Jim Sports is taking on the distribution of Starter in...
Jim Sports is taking on the distribution of Starter in Spain
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News briefs
Decathlon opened its first store in Thailand earlier this month,...
Decathlon opened its first store in Thailand earlier this month, as part of a program to open five stores in Bangkok by the end of November. The stores are to be spread across the capital, including one right in the center, and they should cover between 1,700 and 2,700 square ...
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Short stops
Volcom has opened its first Mexican store at the Centro...
Volcom has opened its first Mexican store at the Centro Santa Fe in Mexico City, one of Latin America's largest shopping malls, and the action sports brand is to open a second Mexican store toward the end of the first quarter next year
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News briefs
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...
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Article
Nike and Adidas lead a manufacturing revolution
The two giants of the sporting goods industry indicated last week that they plan to introduce shortly new technologies that will enable consumers to get customized shoes, using sophisticated software, 3D printing and other new technologies that will revolutionize the traditional manufacturing process.At its meeting with investors last week, Nike ...
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Article
Adidas doesn't join call for Blatter's resignation
Adidas has declined to support four other leading Fifa sponsors who called for Sepp Blatter's immediate resignation earlier this month, after Swiss prosecutors opened criminal proceedings against the football organization's president on allegations of criminal mismanagement and, alternatively, misappropriation. Blatter subsequently received a provisional suspension of 90 days from the ...
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News briefs
Adidas is expected to put an end to its involvement...
Adidas is expected to put an end to its involvement in table-tennis equipment by the end of this year. Greenmaster, which has been its licensee for this product category, has reportedly agreed to stop it by then. Frank Koch, the former executive of Kettler who started the project at Greenmaster, ...
