Latest Retail News & Analysis – Page 7
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News briefsTechnoSport expands footprint with 15 new stores across South India
The Indian activewear brand aims to solidify its position in the competitive activewear segment.
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News briefsStockX resale report: Asics soars 589% in 2024 as sneaker resale market evolves
While traditional powerhouses like Nike and Jordan have experienced a decline, challenger brand Asics has seen almost 600% growth in resale.
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ArticleDecathlon invests €100m to expand presence in India
The retailer wants to deepen its roots in the fast-growing Indian market and plans to expand its physical and digital presence accordingly.
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ArticlePremiere for XXL’s new concept as chain opens new department store
According to the company’s new concept, the concept means a more modern and efficient shopping experience.
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News briefsFoot Locker reopens NYC flagship, introduces Home Court concept
Foot Locker is set to reopen its flagship on 34th Street on Aug. 22, marking a key step in the company’s global retail strategy.
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ArticleIntersport Sweden gets new owners
Adelis sells its shares to a consortium of management, existing minority shareholders and new investors.
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News briefsUS brand Brendratti makes its European debut
The luxury clothing brand celebrates its debut on the continent from Italy.
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News briefsAmerican Golf partners with Go Outdoors
The UK-based retailer launches a first 280sqm concession at Go Outdoors in Gloucester on Aug. 22.
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News briefsNew Balance changes its distribution in Central Europe
New Balance Germany will take over the brand’s distribution in Austria in 2026.
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ArticleNew CEO at Intersport Austria
The group appointed Franz Koll as CEO, succeeding Thorsten Schmitz, who served in the position for the past eight years.
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News briefsAmazon signs deal with Tiktok to sell on its platform
The agreement enables Amazon to sell products via ads without users having to leave the app.
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ArticleDecathlon leverages Paris 2024 partnership for sales growth and increased brand presence
Decathlon’s partnership with the Olympics increased sales, brand awareness and community engagement – and resulted in six medals.
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News briefsAuthorities in Seoul discover toxic substances in Shein, Temu and AliExpress products
Hazardous chemicals were found in products, raising concerns about the safety standards on these platforms.
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ArticleAlibaba Group reports mixed results for quarter, cloud revenue leading growth
Alibaba’s Q2 shows growth in cloud and AI business, but profitability suffers from the company’s significant investments and market challenges.
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News briefsNew COO for Intersport Germany
Henriette Tesch takes over from Frank Geisler as COO of Intersport Germany and will promote future growth and sustainability.
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ArticleUkrainian sporting goods market on a rollercoaster ride
The Ukrainian sporting goods market has shrunk considerably due to the war; sales and imports are far below pre-war levels, and recovery is uncertain, even if military orders bolster wholesale.
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News briefsXebio’s Q1 operating profit rises by 47 percent
Profit attributable to the parent increased by 40 percent in Q1 to ¥2,785 million (€17.3m).
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News briefsJapan’s Alpen Co. sees annual operating profit tumble
The Japanese sporting goods retailer experienced a 34% decline in annual operating profit over the 12-month period ending June 30.
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ArticleAmazon losing country chief for India
Manish Tiwary is seeking a new opportunity outside the company, but will remain in his position until October. A successor has not yet been appointed.
