Latest Retail News & Analysis – Page 69
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Industry Spotlight: Focus on new target groups, supply chain challenges and retail relationships
25 brands presented their new products at the Sport & Outdoor Media Day in Munich. The event organized by Mandel PR in the ”Kohlebunker” near the MOC (Munich Order Center) was one of the first major industry gatherings in Germany since the start of the Covid crisis. We took the ...
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News briefs
Decathlon signs agreement with ADESP
According to CMDsport, Decathlon has signed an agreement on inclusivity, equality and sustainability with the Spanish Sports Association (ADESP). One of its programs is to mentor female managers in sports federations, another is to promote the employment of handicapped athletes, and yet others aim to have athletes test Decathlon products ...
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eBay survey analyzes shopping behavior during Covid-19 pandemic in Germany
In its consumer behavior analysis for the German website eBay.de, the online company eBay Ads has evaluated search queries during the extract search words and trends among its users. According to the report, two trends are becoming obvious: Search words like “well-being” and “cozy” have seen a significant increase compared ...
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H&M sets its sights on the sports market
Source: David Thunander H&M store in Stockholm The Swedish fashion retailer H&M launched a test for the sale of third-party brands a few days ago. The marketplace is called “H&M with friends.” At the same time, there is information that H&M wants to enter the ...
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Update: Sports companies and the war in Ukraine
We had previously reported on first, early measures taken by some sports companies such as Nike, Haglöfs and Mammut following Russia’s attack against Ukraine. In the meantime, other companies have joined, and industry groups and federations are also taking action. We have summarized the activities that we are aware of. ...
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News briefs
Abercrombie & Fitch launches new activewear line
Global textile retailer Abercrombie & Fitch (A&F) has launched a new activewear sub-brand for women and men named Your Personal Best (YPB) that is currently available only in most North American Abercrombie & Fitch stores and online. Offering a size range from XXS to XXL with additional ...
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News briefs
Tréndico is entering the phygital era
Tréndico Group will be taking “all necessary steps” to bring its Atleet and Foot on Mars stores into the “phygital” (physical + digital) realm. Speaking to CMDsport, group CEO Carlos Tejeda laid out the rationale as follows: “The main changes in the market are generated by the consumer, and right ...
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VF suspends commercial activities in Russia and supports refugees
VF Corp. has joined those companies temporarily suspending commercial operations in Russia. Accordingly, VF has closed Vans-operated retail stores across the country and suspended processing e-commerce orders through the Vans and The North Face brand websites, the company said. The VF Foundation has donated $250,000 to UNHCR, the United Nations ...
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News briefs
Women’s activewear e-shop Apparelle launches end of March
A new online store concept will launch on March 21, 2022: Apparelle. According to theindustry.fashion, the new shop concept will feature 25 brands from established to niche brands and newcomers, including Lorna Jane, Bala and Free People Movement. The founder of the new Apparelle store is Amber Goodwin, an ex-investment ...
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News briefs
Kicks Crew raises $6 million in Series A funding
Kicks Crew, a global e-commerce platform for sneakers and apparel, announced the closing of a $6 million Series A funding. The financing was led by Gobi Partners, Asia-based private investment group Pacific Century Group and DL Securities Hong Kong. The capital raised will help strengthen the company’s position in the ...
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The Climate Pledge announces nearly 100 new signatories
Amazon and Global Optimism announced that more than 300 companies have now signed The Climate Pledge, an increase in signatories of nearly 600 percent over the past year. The nearly 100 new signatories include the world’s largest container shipping company Maersk, leading enterprise software developer SAP, North American lumber company ...
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Ratcheting up European store growth, Zumiez sees a path to break-even in the region
Elaborating on its recent strong growth outside North America, Zumiez said it intends to open 14 new stores in various European countries in 2022, including two new markets, to take its door count across the continent to 81 locations. They will be branded as Blue Tomato, the European banner of ...
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Russian footwear market faces a crisis
The Russian market is braced for major turbulence after dozens of footwear brands pulled out of the country following the Russian invasion of Ukraine and the subsequent introduction of international sanctions. Adidas, Nike and Puma have joined the long list of international brands that have quit the country’s market, along ...
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News briefs
Sport 2000 opens Mega Store in Sofia, Bulgaria
Under the Sport Depot banner, Sport 2000 has opened a Mega Store in Sofia, its largest store in Bulgaria with 3,000 square meters of retail space and four floors, each specializing in a different type of sport. The new retail concept of the store is characterized by a contemporary interior ...
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Marks & Spencer invests in brand platform The Sports Edit
U.K. retailer Marks & Spencer has announced a new strategic investment in the fast-growing brand platform The Sports Edit. The Sports Edit was founded in 2015 by Nick Paulson-Ellis, who has grown the company by focusing on bespoke brand curation in activewear. The Sports Edit is constantly adding new and ...
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News briefs
Paris Saint-Germain opens flagship store in New York
French football club Paris Saint-Germain (PSG) has announced the opening of a flagship store in New York City, located at 587 5th Avenue. It will be the first official boutique in New York City for an international sports club and the club’s largest store outside of France, adding to PSG’s ...
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News briefs
Puma introduces diverse mannequins in India
Puma India has introduced diverse mannequins in its stores across the country to mark Women’s Day. The brand selected four female customers with different body types to participate in the initiative, in which mannequins were made according to their measurements. In the past, retail mannequins have always been tailored to ...
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Sport 2000 Germany reports best result in company history; outdoor, ski touring leading the pack
Sport 2000 GmbH continues to grow in Germany. The factored purchasing volume and external sales of the affiliated partner companies in Germany gave Sport 2000 the best result in the company’s history in 2021. As a result, Sport 2000 defends the position it already held in 2019 as Germany’s largest ...
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News briefs
Intersport Germany continues to focus on growth
Expansion is right at the top of Intersport Germany’s agenda in 2022: the existing dealer network is being strengthened and further expanded with a significant investment program. An example is the opening of Intersport Stommen in Essen, Germany, on March 3, 2022. The sports retailer offers more than 850 square ...
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News briefs
RYU hires international sales consulting firm to lead global sales
RYU Apparel (Respect Your Universe), a Vancouver-based athletic apparel and accessories brand, has hired Washington State-based DJM Sales Consulting to lead global sales and oversee the company’s wholesale strategy. Known for its customer-focused approach, DJM has developed sales strategies for Red Bull North America, TenTree, Oberalp Group and other global ...