More retail news – Page 77
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ArticleCovid affected China’s biggest sports retailer slightly
Topsports International, which claims to manage the biggest network of directly operated stores in the Chinese sports market, reported a 7.0 percent drop in revenues to 15.77 billion yuan renmimbi (€2.0bn-$2.4bn) for the first half of its fiscal year, ended on Aug. 31. The gross margin contracted by 2.1 percentage ...
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News briefsFrasers opens its first multi-brand store
Britain’s Frasers Group, formerly Sports Direct International, opened its first multi-brand store on Oct. 31. The initiative stems from Frasers’ “elevation programme,” under the leadership of Michael Murray. The 51,000-square-foot premises are located at the Cascades Shopping Centre in the British city of Portsmouth and feature products from the Frasers ...
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News briefs
Decathlon plans to launch its marketplace in France and other countries
According to reports by sport-guide.com and other media, Decathlon is planning to test the possible launch of a marketplace in France by the end of this year. It would be part of a project that would also be implemented sooner or later in Germany, Spain, Italy, the Netherlands, the U.K. ...
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News briefs
Adidas tops ranking of culturally relevant brands in sport
The Fan Intelligence Index, a new global study intended to identify the 40 culturally most relevant brands through sport, has placed Adidas at the top of the ranking, which is ”based around a brand’s ability to influence culture through sport.” The Big a was followed by the Jordan brand, the ...
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Infographics & DataRanking - The Largest Sporting Goods Retailers Worldwide
This exclusive chart shows the revenue development of the major global sporting goods retailers in 2019 vs 2018. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Article
XXL stays on recovery path
After many difficult quarters, XXL ASA bounced back in the second quarter, and the leading Nordic sports retailer confirmed this recovery continues in the third quarter. To turn the business around, the Norwegian company has been taking drastic steps such as cutting costs and clearing inventory. It posted double-digit growth ...
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News briefs
Adidas ranks high in Forbes’ ‘Best Employers’ list
The highest-ranking sports-related company on Forbes’ annual “World’s Best Employers” list this year was Adidas, at number 11, with Nike two slots behind. The next ones down were Puma (47), Decathlon (82), Under Armour (355), Foot Locker (482) and VF Corp. (505). The e-tailers that offer sporting goods for sale ...
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News briefs
SportScheck launches pop-up space and retail media with EA7
SportScheck, the German multi-channel sports retailer recently acquired by Signa Retail, has opened a pop-up area in its flagship store in Munich with the sports division of Emporio Armani, EA7, as part of its retail media activities. The current autumn/winter collection will be presented for six weeks in a prominent ...
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AnalysisAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers between 2018 and 2019. This is exclusive data and analysis for Professional Members.
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ArticleAdidas may offload Reebok by March
Naming Anta Sports Products and VF Corp. as potential buyers for the brand, Germany’s usually well-informed Manager Magazin reports that the Adidas Group is planning to sell its Reebok division by next March. A spokesperson for the group said the company has a policy of not commenting on press rumors, ...
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ArticleCalls for online marketplaces to proactively prevent the sale of fakes
The European Federation of the Sporting Goods Industry (Fesi) is urging the operators of internet platforms to undertake “due diligence obligations for preventive and proactive measures” to fight against the sale of illegal products online, while expressing strong support for the efforts being made by the European Commission to obtain ...
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News briefs
Forward wants to open more stores in Russia
Forward, a major Russian supplier of sports apparel, is planning to open new brick-and-mortar stores in its domestic market, focusing on cities with a population of more than one million people, as its offline sales have been recovering during the past few months, going back to pre-lockdown levels. Currently, the ...
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News briefs
Marcolin puts out high-tech Adidas snow goggles
As the new licensee for Adidas eyewear, the Marcolin Group has announced the availability of two Adidas Terrex Snow Goggle models, each with a different lens and both made in Italy. The E-SUNTM VARIATM lens on the SP0039 has a toric shape and adjusts in less than 40 seconds to ...
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News briefs
Zalando acquires producer of 3D virtual bodies
Zalando has acquired Fision, the Swiss producer of a body-scanning app and virtual dressing room. The Swiss company’s system creates 3D virtual bodies and clothing models on a platform called meepl. The Berlin-based European e-tailer already uses customer histories on purchases and returns to generate advice on sizes for 50 ...
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News briefs
Alibaba takes control of Auchan's Chinese grocery chain
Alibaba Group Holding is investing about $3.6 billion in the Sun Art Retail Group, which operates hypermarkets and supermarkets in China. Sun Art’s current chief executive, Peter Huang, will be taking on the additional post of chairman. The deal will raise Alibaba’s stake in Sun Art to about 72 percent. ...
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News briefs
Fanatics partners with The British & Irish Lions
Fanatics, the international specialist in licensed sports merchandise, has announced a new manufacturing and e-commerce deal with The British & Irish Lions, the rugby union team made up of players from any of the Home Nations, i.e. the national teams of England, Scotland, Wales and Ireland. Fanatics has agreed to ...
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News briefs
Sport 2000 expands in the Czech Republic and Slovakia
Sport 2000 Austria reports that A3 Sport, a major sporting goods retailer with an online store and 75 physical shops in the Czech Republic and Slovakia, has joined the retail organization. Most of the stores will be rebranded with a dual logo. The buying group says that the partnership will ...
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Short stops
RETAIL
+++ The Russian-based Sportmaster Group denies a report that its newly acquired Danish Sportmaster subsidiary is shutting down its seven Rezet sneaker stores +++ Adidas Originals has opened a flagship store in London’s trendy Carnaby Street, featuring some exclusive product releases +++
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AnalysisAnalysis: The 10 major European sports retailers online
The online retail business in the sporting goods sector has been growing stronger and stronger in recent years, find out which players are the real winners.
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News briefs
Decathlon opens a shop-in-shop at Auchan in Orléans
Decathlon has inaugurated its first shop-in-shop in collaboration with the Auchan chain of hypermarkets. Both retail banners are controlled by the Mulliez family and many of their stores in certain countries are located in the same shopping malls. The new Decathlon shop-in-shop is located at the Auchan hypermarket in Saint-Jean ...
