Latest Retail News & Analysis – Page 8
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News briefsFirst look of Foot Locker´s new EMEA distribution center
There is quite a lot going on for Foot Locker outside their home market in the US. One year ago the company appointed a new GMO for EMEA. Foot Locker has published the first images of the company´s new European distribution center in Haps, the Netherlands. This new distribution center ...
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ArticlePuma leaps up 2.1% in sales Q2
Puma recorded a strong Q2 with slight sales growth. One highlight was the Americas region, with sales rising 9.0% (currency-adjusted) to €887.5 million.
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News briefsChanges in Amazon Black Friday deadline for sellers
Sellers need to send their Black Friday products to Amazon one week earlier than in 2023.
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News briefsAlo Yoga opens new flagship store in London
The US activewear brand continues its global expansion by opening a second London flagship store.
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News briefsAuthentic signs licensing partners for Ted Baker
Authentic Brands Group has announced that it has signed three foundational licensing partners for Ted Baker in the US and Canada.
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News briefsNike and JD Sports roll out connected loyalty program to the US
The companies are expanding their connected loyalty program to the US to enhance the customer experience and underscore JD Sports’ growth ambitions in North America.
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ArticleAllbirds partners with Belle Fashion Group to expand presence in China, Macau and Taiwan
Allbirds has announced a groundbreaking partnership to expand its footprint in the Asian market.
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News briefsJD Sports store in London Stratford is the chain’s top performer
The newly refurbished store achieves the retailer’s highest turnover globally.
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ArticleTikTok Shop coming to Spain and Ireland
The social-media app is expanding its e-commerce in Europe.
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News briefsEl Corte Inglés appoints new CEO
The Spanish department store chain has appointed Gastón Bottazzini as CEO while confirming Manuel Pizarro as director as the company finalizes a five-year plan.
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News briefsFirst Sport 2000 multi-category concept store opens in Germany
Sport 2000 Nordhorn is the group’s first multi-category retail concept store and covers a wide range of product segments, including running, fitness, sports style and team sports.
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News briefsTemu beginning to compete on Amazon’s territory
Temu has opened its local warehouse program to vendors with corporate entities registered in Europe and to holders of European passports.
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ArticleGaleria’s insolvency proceedings completed, restart under own management
The insolvency proceedings of the German department store chain, formerly Galeria Karstadt Kaufhof, have been successfully concluded after almost seven months with the implementation of an insolvency plan.
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News briefsFocus Brands and Authentic partner for Reebok outerwear in UK, Europe
The brand licensing division of Sri Lanka-based Hela Apparel will design, manufacture and distribute Reebok-branded outerwear products in the UK and Europe.
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ArticleWhile bike sales recover, Swedish retail declines for tenth consecutive quarter
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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ArticleSki equipment market to post 4.33% CAGR by 2028, says new report
Research and advisory firm Technavio estimates the global ski equipment market size to grow by $430.2 million from 2024-2028.
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News briefsSprinter continued to grow in FY23
According to Diffusion Sport, Sprinter generated €585.8 million in sales for its full year 2023, which extended from February 2023 to January 2024. This figure represents a rise of 13 percent year-on-year and 100 percent from the pre-lockdown year of 2019. Net profits amounted to €37.9 million, up about 11 ...
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News briefsPIF seeks 50 percent of Selfridges
Saudi Arabia’s Public Investment Fund has reportedly offered to raise its stake in the department store chain.
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News briefsHibbett now under JD Sports Fashion’s umbrella
JD Sports Fashion completed the acquisition of Alabama-based sports fashion retailer Hibbett, Inc. on July 25, after Hibbett shareholders approved the deal at a special meeting on July 19 and all other outstanding conditions were met. “The completion of our acquisition of Hibbett is an important strategic milestone for us ...
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News briefsFoot Locker to open its first India store in Delhi
American athletic retailer Foot Locker will open its first brick-and-mortar store in India at the Nexus Select CityWalk Mall in Saket, New Delhi.
