Latest Retail News & Analysis – Page 41
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ArticleNew Sport 2000 brand replaces all previous exclusive labels
With the start of the Spring/Summer 2023 season, Sport 2000’s new Witeblaze brand – announced last summer – was delivered to retail partners for the first time. It combines several product ranges under one roof and has thus replaced all previous exclusive brands of the affiliated group. According to Sport ...
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News briefsSprinter expands in the Netherlands
Sprinter has opened a 532-sqm store in Tilburg and will soon open a 1,000-sqm store in The Hague, raising its Dutch total to six. Both will have Player Service, in which sports teams can have their name and logo screen-printed on apparel. The Spanish retailer operates in its home country ...
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ArticleSportmaster prepares for debut on Uzbek market
Russian press reports that sporting goods retailer Sportmaster plans to open its first outlet in Uzbekistan in Tashkent, the country’s capital, citing a source in the Uzbek retail industry. This is the second time Sportmaster wants to emerge in the Uzbek market. In March 2020, the company signed three rental ...
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News briefsDecathlon Ireland has a new CEO
French sporting goods retailer Decathlon has appointed Elena Pecos as the new chief executive of its Irish business. She takes over the role from Bastien Grandgeorge, who had led Decathlon Ireland since 2017 and is now at the helm of the French Decathlon business. Pecos joined Decathlon in 2006 as ...
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News briefsAdidas among the top European cross-border e-commerce retailers
Brussels-based Cross-Border Commerce Europe (CBCommerce), the platform that stimulates cross-border e-commerce in Europe, has released the fifth edition of “TOP 500 Cross-Border Retail Europe,” a research paper that ranks the 500 strongest European players with a focus on cross-border performance. Adidas Group took the 10th spot in the latest edition ...
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News briefsBennett nominated as chairman of Zalando’s supervisory board
Zalando’s nomination committee has proposed a new composition of the supervisory board for the annual general meeting, which will be held virtually in Berlin on May 24, 2023. Current vice chairman Kelly Bennett, who has been a member of the board since 2019, would take over as chairman from Cristina ...
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News briefsBrands4friends to be shut down this June
After Keller Sports, another online pure player is disappearing from the market: As of June 30, the Berlin-based shopping club Brands4friends is quitting operations. According to a report in Internet World, employees were informed about this in a letter from a lawyer. The Brands4Friends shopping club was established in 2007 ...
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News briefsOn’s first Parisian store will be in the Latin Quarter
The first Parisian store of Swiss sportswear brand On will be located at 13 rue Clément, within the Marché Saint Germain, Sport Guide reported. The Marché Saint-Germain, in the heart of Paris’ sixth arrondissement, is a 19th-century market hall designed by one of Napoleon’s architects. The building underwent a major ...
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News briefsKettler expands home fitness equipment rental service
Kettler Sport now offers its “Rent a Kettler” service in Switzerland and Liechtenstein. The service was first introduced in Germany in November of last year. For Switzerland and Liechtenstein, the fitness company is cooperating with RNTL, which has specialized in the logistics and organization of similar rental services since 2020. ...
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News briefsU.S. chain Shoe City files for bankruptcy after failed acquisition by Arklyz
In the summer of 2022, Swiss retail group Arklyz, the owner of The Athlete’s Foot, announced plans to purchase Baltimore-based retail chain Shoe City from ESCO Ltd, which consists of about 40 retail stores, but the deal never materialized and the U.S. retailer has now filed for bankruptcy. Shoe City ...
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News briefsSnipes celebrates 25th anniversary with namesake Hollywood star
What was once a streetwear store in Cologne is now a global chain with nearly 700 stores around Europe and the U.S.: Snipes is celebrating its 25th anniversary and has brought its namesake Wesley Snipes on board to party. In a one-and-a-half-minute spot, the actor reviews the retailer’s development and ...
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News briefsFanatics acquires football retail business EPI, renames it Fanatics Italy
Fanatics, a leading global digital sports platform, announced the completion of its acquisition of EPI, an Italian sporting goods company that operates the official online and retail stores of several top Italian soccer clubs and international sports brands. Milan-based EPI, soon to be renamed Fanatics Italy, provides complete end-to-end e-commerce, ...
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News briefsAmazon releases Brand Protection Report
Amazon has released its third annual Brand Protection Report to highlight its own progress in four key areas: controls to protect its store; tools to protect brands; holding bad actors accountable; and protecting and educating customers. Of particular note for sporting goods companies, Amazon reports expanded brand protection tools for ...
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News briefseBay and Hatch Enterprise unveil U.K.-based Sneaker Academy
eBay is teaming up with Hatch Enterprise, a London-based entrepreneur accelerator, to launch the Sneaker Academy, a program designed to help young people turn their passion for sneakers into their own online business. The free 14-week program, targeted at young sneakerheads from under-served communities, hopes to transform reselling passion projects ...
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News briefsDecathlon turnover rises 12%, beating IIC’s 2022 results
French sporting goods retailer and manufacturer Decathlon continued its global growth in 2022. Despite an “unstable global economic and geopolitical context,” according to CEO Barbara Martin Coppola, turnover rose by 12 percent compared to 2021 to €15.4 billion. Online sales now account for 17 percent of the total turnover (after ...
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News briefsSpanish retailer to leave Intersport
Deportes Alvarado will be severing its ties with the Intersport Spain buying group on Oct. 31, according to CMDsport. This is its 50th anniversary year, and it has been with Intersport for about half of its existence. “We are not leaving Intersport over any difference or dispute with the group,” ...
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News briefsAdministrative changes to come at El Corte Inglés
El Corte Inglés and labor representatives have agreed to a plan, according to Diffusion Sport, to reorganize the retailer’s central and regional administration so as to increase the efficiency of operations. Affected by the changes will be some 2,100 employees. The plan is intended to maintain employment but also to ...
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News briefsAmazon marketplace far ahead of the competition worldwide
Amazon’s marketplace receives four times as many annual visitors (4.810 billion) as its nearest competitor in the field of third-party sales, eBay, according to Diffusion Sport, which has reviewed several figures from Statista. In fact, the Amazon marketplace’s visitor total is higher than that of its ten biggest competitors combined. ...
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News briefsZalando plans to reduce its brand portfolio
Zalando is planning to scale down its global brand assortment in order to increase the relevance of its assortment. “In the beginning, Zalando was all about unlimited choice. This was a bold vision. And for a long time, this assortment span was one of our strongest selling points and exactly ...
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News briefsUnder Armour opens new brand house in London
Under Armour has announced the opening of a new Brand House at Westfield Stratford City in London. This comes after the company reported a significant growth in the EMEA region in the third quarter of FY23. The company’s quarterly sales increased 32 percent (46% in constant currency). The deal is ...
