Latest Retail News & Analysis – Page 77
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News briefs
Sprinter opens a first store outside Spain
Sprinter – the biggest and more techical sports retail banner within the Iberian Sports Retail Group (ISRG) – confirms that has opened its 173rd physical store and its first one outside of Spain. According to CMDsport, the Sprinter store is located at the Zuidplein mall in the Dutch port city ...
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ArticleAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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News briefs
Boosted by Covid, SportsShoes.com reports big gains in its last FY
Sales grew by 37 percent to £92.2 million (€109.9m-$123.7m) at SportsShoes.com during the financial year ended Feb. 28, 2021, leading to an increase of 118 percent in Ebitda to £12.2 million (€14.5m-$16.4m), but they have flattened lately, indicating that the Covid-19 epidemic was a boosting factor last year. The company, ...
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News briefs
Decathlon is labelling its own products for CO2
Last month, Decathlon began grading the carbon footprint of apparel and shoes sold under its own brands. So far, the French retailer has labeled 63 percent of these products with a score from A to E (best to worst) and with a figure (in kilograms of CO2) calculated to reflect ...
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Article
Hervis wins award for its online consulting solution
Hervis Sport, the big integrated Austrian sports retail chain, was presented with the Retail Innovation Award 2021 in the “Best Online Solution” category by the Austrian Trade Association on the occasion of Tech Day on Nov. 18, 2021 in Vienna. The jury was particularly impressed by its newly created option ...
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News briefs
Wildberries’ export branch posts a tenfold jump in sporting goods sales
Russia’s largest online retailer, Wildberries, has reported that its turnover in sporting goods outside its domestic market jumped tenfold between January and October 2021, as compared to the same period of the previous year. Wildberries said in a statement that sporting goods represented the fastest-growing segment in its export division, ...
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News briefs
Zara partners with Joma for men’s athletic line
Zara has launched a line of fitness apparel and running shoes for men under its private label for sports products, Athleticz, limited for sale on its website and at some of its stores in Paris, Milan, Dubai, Manchester, Leidschendam-Voorburg (the Netherlands), Barcelona, Madrid and La Coruña (Spain). The Spanish brand ...
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Article
Foot Locker grew by 3.9% in Q3
Foot Locker reported net income of $158 million for the 13-week period ended Oct. 30, after extraordinary charges of $57 million. Excluding one-time items, the adjusted net income increased by 57 percent to $201 million. The net results compare with $265 million in the year-ago period and $125 million in ...
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News briefsFoot Locker announces “organizational enhancements”
Creating a new position, Foot Locker has promoted Franklin R. Bracken to chief operating officer, and is seeking candidates another new post of ”chief strategy, innovation and development officer.” According to the company’s chairman and CEO, Richard A. Johnson, the new posts will produce “a more streamlined and agile organizational ...
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Article
China’s Topsports improves margins on slightly lower sales
Topsports International Holdings, the leading Chinese sports distributor and retailer spun off by Belle International in 2019, reported a decline of 1.2 percent in total revenues to 15.57 billion renmimbi (€2,128m-$2,407m) for the first half of its financial year, ended Aug. 31. The gross margin improved by 2.9 percentage points ...
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Article
Alibaba cuts guidance after a Q2 profit and sales miss
The Alibaba Group cut its guidance for its full financial year after revenues and earnings came in below expectations in its second quarter ended Sept. 30, amid a slowdown in economic growth in China and an ongoing regulatory crackdown on tech companies in the country. Alibaba now expects revenues to ...
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Article
Golf shines at Alpen and Xebio in Japan amid the pandemic
The recent measures taken by the Japanese government from July tthrough September to combat the Covid-19 pandemic, which shut down team and indoor sports and reduced store traffic, had an impact on the latest quarterly results of two major Japanese sports retailers. Golf was an exception, and winter sporting goods ...
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News briefs
New U.S. office for Amundsen Sports
Amundsen Sports, the Norwegian technical apparel supplier named after the famous Arctic explorer, has opened a “Clubhouse” on Pearl Street in Boulder, Colorado. The space will serve as the company’s North American head office, with a showroom and an event space to present its products. The brand has been selling ...
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News briefs
Anta starred in China’s Singles’ Day
Alibaba has logged another record-breaking Singles’ Day, but the year-on-year growth of its sales in gross merchandise volume (GMV) for the event is on the decline. According to the trade publication Sportstextiles, this year’s 11.11 Global Shopping Festival, spread over 11 days, brought in for the Chinese e-commerce giant about ...
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Infographics & DataThe largest e-commerce sports shops in Europe - Q3 2021 Update
This exclusive interactive chart shows the largest e-commerce sports shops in Europe ranked by the number of website visitors in Q3 2021, with % changes vs Q2 2021. Included are regular sporting goods retailers and pure e-tailers. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefsDecathlon works with a social impact brand in Germany
Decathlon is the first sports retailer in Germany to have entered into a partnership with a local social impact company, called Share , to support and promote “social shopping.” As of mid-November, customers can purchase Share beanies and socks in all Decathlon stores and online. For each item sold, another ...
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News briefs
Deporvillage’s catalog now exceeds 100,000 items
Deporvillage’s product catalog has passed the milestone of 100,000 items. Thanks to such lockdown effects as distance work and the spike in online purchasing, home fitness has become a top segment for the Catalonian e-commerce specialist, which was recently acquired indirectly by JD Sports Fashion through its controlling interest in ...
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News briefs
Denmark's Sport 24 launches a Norwegian web shop
Sport 24, the third-largest sporting goods retailer in Denmark, opened a dedicated online store for the Norwegian market on Nov. 8, in time for the Black Friday promotions and the Christmas shopping season. The digital channel already generates about 30 percent of Sport 24’s sales, which grew by one percent ...
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News briefs
Xero Shoes debuts European website
Xero Shoes has inaugurated a European e-commerce website, at www.XeroShoes.eu, starting by offering discounts of 12 to 70 percent for a while. The American brand of “natural movement” footwear produces several models in three categories: performance, casual and sandals. The performance models cover walking, road running, trail running and hiking, ...
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Article
Sales are up 30% at Britain’s STAG
STAG, the British buying group for independent sports retailers in the U.K. and Ireland, is doing relatively well. The retail members’ sales are up so far this year by 30 percent as compared to 2020, which saw a decline of 21 percent in both countries. One reason given for the ...
