Latest Retail News & Analysis – Page 72
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News briefs
Superkicks with 4th brick-and-mortar store in India
Indian online sneaker retailer Superkicks opened its fourth brick-and-mortar store in Guwahati in the country’s northeast on Feb. 5. To test the market, which the retailer says has already been very profitable for its online business in the past, Superkicks opened an 80-square-meter pop-up store for a six-month period. ...
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News briefsSeventh Absolute Run store opened
Sport 2000 reports that the seventh Absolute Run store opened on Feb. 4 in Germany. The owner of the store, which has been existing as “Laufsport Andreas” since 2006 in the city of Minden in North Rhine-Westphalia (80,000 inhabitants), is Petra Benecke, who has now reopened her store as “Absolute ...
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News briefs
Varlion finds a distributor in Sweden
Varlion, the Spanish producer of pádel racquets, has opted not to set up a branch office in Sweden and entrust its distribution there to Active Brands Group. According to founder Felix Regalia, who spoke with the Swedish trade publication SportFack, the accompanying marketing plan is simple: argue that Varlion’s products ...
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Article
With new members, Intersport Germany predicts over 5% annual growth
Intersport Germany predicts that its retail members will be able to achieve annual growth of more than 5 percent between now and 2025, with significant double-digit growth online, benefitting from the development of the “360° Intersport ecosystem,” new omni-channel services and the broad rollout of better store formats. The 800-odd ...
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Article
Adidas and Decathlon encourage shoe recycling to help women practice sports
Adidas and Decathlon have decided to jointly organize and finance a program intended to promote sustainability and women’s sports in France at the same time. In a first step, Decathlon has started offering customers at its 330 stores in France to drop off 25,000 used sports shoes by any brand, ...
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News briefs
Julbo takes over its distribution in Spain, hires an international sales manager
Julbo is severing ties with Esportiva Aksa, its partner of many years in the Spanish market, and taking charge of its own distribution in the country. To this end, the French optical brand has hired two executives: Brian Sánchez Vigara and Roger Puig Ventura. Julbo is in addition looking to ...
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News briefs
New partner for Reebok in Mideast and Africa
Al Boom Marine (ABM) has been selected by the Authentic Brands Group (ABC), as the future operating partner for Reebok in the Gulf states, the Middle East (including Iraq and Lebanon), and North Africa (including Algeria, Egypt and Morocco). ABM, a 35-year-old company based in Dubai that belongs to Scope ...
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Article
Intersport is pushing its exclusive brands
Intersport International Corp. (IIC) intends to fine-tune the development and adoption of its own private brands, further raising their share of the affiliated retail members’ sales. Positioned as mid-priced, high-quality offerings with good margins against those of the major brands, the group’s exclusive brands currently represent around 10 percent of ...
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Article
A new regional set-up for Intersport in Europe
Dividing the European market into three regional clusters, Intersport International Corp. (IIC) has established a new set-up that has probably contributed to its relatively good performance in the past year, in spite of differences from one country to the other. Under the wing of Steve Evers, CEO of IIC, an ...
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Article
ANWR reports higher sales in sports and leathergoods, not at shoe shops
The high degree of diversification across many businesses, industries and regions again helped the ANWR Group in the pandemic. In 2021, the group increased its total business volume by 11 percent to €19.8 billion, and the financing of centralized settlement operations by its DZB Bank and Aktivbank were the main ...
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ArticleNew manager in charge of Intersport’s exclusive brands
Intersport International Corp. (IIC), which has big ambitions in this area (more on this soon), has appointed Katja Adrienne Erbe as its new General Manager EB Commercial, taking over responsibility for Intersport’s exclusive brands from Jessica Mair from the month of March. After working for the Adidas Group for 19 ...
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ArticleStrong year-end spurt in Sweden
The past year ended with a bang for Swedish sports retailers. Their total retail sales rose by 20.7 percent year-on-year during the important fourth quarter, according to the quarterly Sportindex produced by the Swedish Sports Forum in collaboration with HUI Research, which is based on a sample of major players ...
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ArticleSigna Sports United predicts a temporary sales decline, due to supply chain constraints
Signa Sports United (SSU), the world’s leading sports e-tailer, reported a 10 percent increase in total revenues to €247 million in the fourth quarter of its fiscal year, ended Sept. 30, 2021, despite supply constraints for full bicycles, as it continued to benefit from resilient consumer demand across its verticals. ...
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ArticleStrong global growth and positive outlook for Intersport
Retail sales grew by 20.7 percent in 2021 to a new record of €12.2 billion (including VAT) for the retailers affiliated with Intersport International Corp. (IIC). In terms of local currencies, sales went up by 19.4 percent for the year, with growth of 20.4 percent in the second half after ...
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ArticleBarbara Martin Coppola will run Decathlon worldwide
Decathlon has announced the appointment of Barbara Martin Coppola as the group’s new CEO, starting in mid-March. The 45-year-old French and Spanish binational will take the place of Michel Aballea, who has held the helm of the world’s largest sporting goods retailer since 2015. “The current good health of Decathlon ...
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News briefs
A new boss for Euretco Sport
On Feb. 1, Olaf de Boer will become the new general manager of Euretco Sport, taking the place of Jan Willem Juffer, who is taking a new position as CEO of ANWB Retail. Euretco Sport is the Dutch franchisee for Intersport and The Athlete’s Foot, and it runs the Runnersworld ...
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Article
U.K.-based American Golf grows strongly
American Golf, which claims to be the largest golf retailer in Europe, has reported an exceptional 55 percent increase in revenues for the fourth quarter of 2021 as compared to the same period of 2019, indicating that the Covid pandemic has given a strong impulse to the game of golf. ...
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ArticleSport 2000 creates “clubs” for different sports
The concept may be rolled out to other countries at a later stage. For the moment, generalist retailers affiliated with Sport 2000 in Germany who can demonstrate “qualitatively demanding standards” in the focus categories of outdoor, running, fitness or lifestyle can now become part of a new cooperation concept under ...
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Article
Decathlon strikes new online retail partnerships in Switzerland and the U.K.
We have already reported on Decathlon’s partnerships with other retailers, including Fnac in France and Switzerland, Manor in Switzerland and Walmart and Target in the U.S. A Swiss online retailer, Galaxus, has now agreed to offer some of Decathlon’s private label products on its own platform, starting with the Swiss ...
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News briefsBike24 launches online shops in Italy and France
As part of its international expansion, Bike24, a German-based e-commerce bike platform listed on the stock exchange since mid-2021, has launched country-specific webshops in France and Italy, two major European cycling nations. It previously made a similar move in Spain, more than doubling its sales in the country. The company ...
