Latest Retail News & Analysis – Page 71
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ArticleSportmaster shifts focus to Russian provinces with new retail format
Russia’s largest sporting goods retailer, Sportmaster, has unveiled plans to expand into cities with populations of up to 100,000 with a new store format. Sergey Agibalov, Sportmaster’s business manager, told the Russian Business Consulting agency that the new format would serve as an element of its omnichannel development strategy, in ...
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News briefsDecathlon continues to expand its presence in professional sports
Decathlon is signing more athletes from a wide range of sports, further putting its own brands in the spotlight. Following the commitment of French tennis player Gaël Monfils and the expanded involvement in padel sports (we reported), the company has announced additional partnerships in cycling, volleyball, athletics and trail running, ...
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News briefs
Sport 2000 France is planning new store openings across its different retail networks
Sport 2000 France is expected to see around 45 new store openings this year, roughly as many as in 2021, according to a report by Sport-Guide.fr. The plan would involve its different retail networks. Sport 2000, the eponymous banner, is expected to add 14 new stores, while Mondovélo is set ...
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News briefsAvia is returning to Spain
According to DiffusionSport, Avia is returning to Europe, and specifically to Spain, after an absence of about a decade. To this end, the American brand of athletic footwear has secured a licensing and distribution deal with Sandsock S.L., a firm in Barcelona. Sandsock has since presented Avia’s collection for summer ...
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ArticleRussia’s Kant sees spike in sales during winter months
Russian sporting goods retailer Kant reported that the current winter season is going exceptionally well: Sales in November-December were up 30 to 40 percent compared to the same period last year. In January, sales declined slightly, but were still 15 to 20 percent higher than last year. Maxim Vinogradov, co-owner ...
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News briefsAllbirds launches trade-in program
With a trade-in program that is offered in several Allbirds stores in the U.S., the shoe company takes its first steps into the pre-owned market. Within the newly launched ReRun program, customers can trade in their used Allbirds footwear for an in-store discount of $20. Used shoes will be offered ...
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News briefsABG strengthens Reebok’s position through new U.S. partnership with Foot Locker
While the transfer of ownership of the Reebok brand from Adidas to Authentic Brands Group (ABG) is expected to be completed in the first quarter of this year, the new owner has already announced a new and expanded partnership with New York-based sports retailer Foot Locker for the brand, limited ...
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News briefsKlarna launches immersive basketball activation in the U.S., accessible worldwide
Klarna, the Swedish retail banking, payment and online shopping service, has unveiled “The Klarna All-Star Vault,” an interactive activation celebrating the connection between fashion and professional basketball in its 75-year history. The promotion – Klarna’s first-ever immersive sports activation – continues the shopping service’s expansion in the sports industry, following ...
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News briefsSportsShoes.com wants to become world’s most sustainable running retailer
Part of SportsShoes.com’s “Leave No Footprints” environmental and sustainability strategy was the plan to become carbon neutral, which the U.K. online retailer achieved last April. Now the company aims to become the world’s most sustainable retailer of running gear. To achieve this ambitious goal, it has commissioned British Midlands-based sustainable ...
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News briefsLondon Sport partners with Decathlon
In a new partnership, Decathlon UK is joining the Sport Tech Hub, a program run by London Sport to make London “the most physically active city in the world.” Through the Sport Tech Hub, London Sport aims to bring the power of technological innovation to efforts to increase physical activity ...
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News briefsDecathlon positions itself as the “benchmark company” for padel sports
Decathlon Spain is determined not to miss the opportunities offered by the still trendy sport of padel. The retailer has announced that it wants to position itself as “the reference for padel players.” To that end, it is heavily promoting the D-Padel marketplace, which was originally created by employees of ...
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News briefsNew Bleckmann distribution center opened in the U.K.
Bleckmann, a leading Dutch provider of supply chain management services to the fashion and lifestyle market with customers such as Gymshark and Superdry, among many others, has opened a new fulfillment center in Lutterworth, its fourth location in the U.K. The brand new building at Magna Park has a floor ...
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News briefsSport 2000 GmbH with new management duo
Source: Sport 2000 GmbH Dominik SOlleder On May 1, 2022, Dominik Solleder will become the new co-managing director of Sport 2000 GmbH, the Sport 2000 licensee for Germany, Switzerland and the Benelux countries, alongside Margit Gosau. Hans-Hermann Deters, in this position since 2014, will leave the company ...
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ArticleKuenzi will join The Athlete’s Foot after a 24% sales gain
The 550-odd stores and websites affiliated with The Athlete’s Foot (TAF) around the world raised their sales by 24 percent to a new record of $503 million in the past year, said the Arklyz Group, which acquired the chain from Intersport International Corp. in July, surpassing the originally set target ...
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News briefsNew global store concept for Hoka launched in Asia
Green Room, an experimental design agency based in Birmingham, has partnered with footwear and apparel brand Hoka to develop a new global store concept that has been launched first in China and Southeast Asia. The partnership has developed a community-focused retail concept that will be rolled out in multiple locations ...
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ArticleXXL starts 2022 with a sales dip after 9.4% growth in Q4
XXL ASA said its revenues declined in January by around 20 percent to 720 million Norwegian kroner (€71.5m-$81.7m), after a “record-breaking” January 2021, as the Nordic sports retailer’s monthly sales performance was conditioned by less favorable winter sport conditions in most of the Nordic region as well as an earlier ...
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ArticleDecathlon Germany reports best year in history
Decathlon Germany has reported the most successful financial year in the company’s 35-year history. Since the first German store opened in Dortmund in 1986, the sporting goods manufacturer and retailer has expanded to 84 stores, two logistics centers and four campus locations for central services with a total of 4,833 ...
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News briefsGore-Tex expands its U.S. rental program
Gore-Tex has expanded its rental program called “Outerwear on Demand” in the U.S. The snowsports apparel rental service was originally launched in December 2020 and is now offered at 15 ski resorts and retail stores across the country. Gore-Tex has even developed a dedicated Outerwear On Demand collection. The apparel ...
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News briefsNew Sports Direct flagship store planned in Manchester
Frasers Group has announced plans to open a new Sports Direct flagship in the Arndale shopping center in Manchester city center. Sports Direct currently occupies 2,700 square meters on the lower first floor of the shopping center. Under a new 15-year lease, Sports Direct will move into the 5,440-square-meter space, ...
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News briefsDecathlon Germany tests CO2-friendly same-day delivery
The sporting goods retailer and manufacturer Decathlon is testing the expansion of sustainable services in Germany. In Munich, a pilot project has been set up in collaboration with Glocally, a logistics company founded in 2021 by three students at the Technical University of Munich. The company focuses on a sustainable ...
