Latest Retail News & Analysis – Page 87
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News briefs
Austria’s Gigasport chain earns Sport 2000’s Profi seal
Gigasport, one of the bigger members of Sport 2000 Austria, is implementing the specialized “profi” concept of the buying group in all its 18 stores in the country. A seal of quality has been given by the buying group for all Gigasport stores in the areas of mountain, ski, bike ...
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Infographics & Data
Amazon the major channel for german sporting goods consumers
Amazon is the major purchasing channel for german sporting goods consumers. This is an extract of the research study ”The sports brands winning the online race in Germany” in which we analysed 60 leading sports brands in Germany and conducted a survey with 3.000 consumers in Germany.
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Infographics & Data
Best-performing sports brands in the German online market
This is an extract of the research study The sports brands winning the online race in Germany in which we analysed 60 leading sports brands in Germany.
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News briefs
Foot Locker Europe partners with drop-shipping expert
Foot Locker Europe has signed a four-year deal with CommerceHub to help expand its product assortment and create a more efficient supply chain for its Foot Locker and Sidestep banners in 18 countries. It will do so through the drop-ship network of CommerceHub, a leading cloud-based e-commerce enablement platform with ...
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News briefs
Skechers opens a flagship in Berlin
Skechers USA is building up its own network of mono-brand stores in Europe strongly. After setting up a flagship store in Munich last year, it is opening another flagship of 1,000 square meters in a very central area of Berlin. Located on the Tauentzienstrasse in front of the Kaiser-Wilhlem-Gedächtnis Church ...
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News briefs
Intersport launches “Überwissen” campaign in Germany
In a new marketing campaign that ironizes the hyper-knowledge owned and shared by its staff on the sales floor, Intersport Germany celebrates the re-opening of its retail partners’ stores after a long lockdown. The “Überwissen” (= something like “superior knowledge”) video directed by Pat Boriello shows the origin of a ...
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Article
Fast-growing Time2padel expands in Italy, Sweden and Chile
Time2padel, a Spanish pádel retailer which also owns the Padelmania banner, is embarking on a major international retail expansion through franchises and “corner” shops at pádel clubs, according to a report in CMDsport. This year in Italy it will be adding two new franchises, in Naples and Palermo, to the ...
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News briefs
Fútbol Emotion partners with Nike for a deal with the Huesca club
Fútbol Emotion and Nike have signed a joint deal with the SD Huesca football club, which plays in La Liga. For the next four seasons, Fútbol Emotion will be supplying Nike apparel to the men’s, women’s and youth divisions of the club, along with its staff and the Fundación Alcoraz, ...
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News briefs
Sports Direct opens an “elevated” flagship store in London
As part of the chain’s “elevation strategy,” Sports Direct is reopening its flagship store on London’s Oxford Street, which it inaugurated in 2014, after a major £10 million (€1.2m-$1.4m) refurbishment carried out in the last six months during the recent Covid-related retail lockdowns. Two other flagship stores are due to ...
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Case Study
Decathlon rolls out its marketplace in Europe
Decathlon is making a soft launch of its new online marketplace in Spain, Germany and the U.K., after a satisfactory response to a test that started in Belgium in December to complement its offer of private label items. The Spanish project is starting with a selection of about 30 brands ...
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News briefs
Decathlon expands to Western Canada
Decathlon, which already has eight stores in the eastern part of Canada, is expanding to the western part of the country with a big store and distribution center in Calgary. The 70,000-square-foot store and warehouse will occupy the second floor a former Sears department store in the Southcentre Mall of ...
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News briefs
Foot Locker is redesigning its staff jerseys
Foot Locker Europe is redesigning the “Striper” jersey worn by clerks at its stores. To this end it has hired Highsnobiety, which provides what it calls audience insight, category analysis, brand strategy, go-to-market planning and integrated campaigns. This media company is in turn hiring “local sneaker and streetwear brands” to ...
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News briefs
What will football look like by 2024?
Decathlon is providing interesting insights into what the game of football may look like in 21 years, with most spectators following matches in smaller stadia or through an immersive experience over the internet. For example, contact lenses on the eyes of a player could allow future spectators to see what ...
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News briefs
WIT Fitness collaborates with CrossFit
WIT Fitness, a six-year-old online and offline multi-brand retailer based in London, has signed a global multi-year e-commerce and retail partnership with CrossFit. WIT will operate an online CrossFit store and support CrossFit with in-house products in the future. WIT has only two physical stores in London for the moment, ...
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Article
A vertical in Vancouver buys Reigning Champ in the same town
Aritzia, a vertically integrated designer and retailer of everyday women’s luxury clothing, has agreed to acquire Reigning Champ, a designer and manufacturer of premium athletic wear for men and women. Like Arc’teryx or a much larger vertical sports apparel company, Lululemon Athletica, both companies operate out of Vancouver. Founded in ...
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Article
New criticism for JD Sports’ executive compensation policy
New criticism has emerged against the compensation package agreed for Peter Cowgill, the forceful executive chairman of JD Sports Fashion. A shareholder advisory service, Glass Lewis, is calling on investors to vote against the “inappropriate” pay policy of the company, which is controlled by the Pentland Group, at its annual ...
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News briefs
Sergio Longoni of DF Sport is honored by the Lombardy region
Sergio Longoni, the head and founder of DF Sport Specialist and Bicimania, has received an honorable mention at the Premio Rosa Camuna 2020 (Camunian Rose Award). The award, established by Lombardy’s regional council, recognizes each year those who have distinguished themselves for industriousness and creativity and their contribution to the ...
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News briefs
Deerfoot stops working for Saucony in Iberia, takes on Diadora
According to the Spanish trade publication Tradesport, Deerfoot Sport’s contract to handle the distribution for Saucony on the Iberian Peninsula came to term on Dec. 31 and was extended to June 1 but no further. Saucony’s parent company, Wolverine Worldwid, began establishing operations of its own in Spain in 2014 ...
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News briefs
Sport-Tiedje grew by 55% last year, thanks to e-commerce
The German-based Sport-Tiedje Group, which claims to be still Europe’s largest retailer for home fitness products, has reported a 55 percent sales increase to €203 million for last year, with growth in all European countries, as higher online revenues compensated for the partial closure of its 65 stores in the ...
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Case Study
SSU will take over Wiggle and go public as the world’s leading sports e-tailer
Signa Sports United (SSU), the big international sports e-tailer based in Berlin, has entered into a business combination agreement with Yucaipa Acquisition Corporation, a publicly-traded special purpose acquisition company (SPAC) based in Los Angeles, to finance the acquisition of Wiggle Chain Reaction Cycle, alias Wiggle CRC, a big U.K.-based bike ...