More retail news – Page 78
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News briefs
Blue Tomato expands in Finland
Blue Tomato is opening its second and third stores in Finland, a country where many customers have been ordering from its website for many years. The Austrian-based action sports retailer owned by Zumiez started working offline there a year ago with a shop in Helsinki. New ones will follow in ...
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News briefs
Adidas holds digital festival for loyalty program members
Adidas has launched a “digital festival” for its loyalty program. Creators Club Week runs for seven days from Oct. 13 and is, according to the company, the first event of its kind. Adidas’ “global member community” will be privy to the company’s largest single introduction of exclusive and limited-edition ...
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Article
eBay to certify sneakers, like StockX and others
Joining the likes of StockX, the online resale exchange for sneakers and streetwear, eBay will be testing all new and used sneakers sold on its platform in the U.S for $100 or more from this month onward to ensure that they are genuine. Those that pass will receive its Authenticity ...
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News briefsBurton opens new Hub in Stockholm, appoints new managers for the Nordics
Burton Snowboards will open a new multi-use space, referred to as the Burton Hub, at Norrlandsgatan 20 in Stockholm, Sweden, on Oct. 15. After establishing the concept of combining retail store, showroom, and office spaces already in Innsbruck, Munich, and Zurich, the company now expands to Scandinavia. The new Burton ...
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News briefs
Zalando raises its own expectations
Zalando is performing better than expected. It is now projecting an adjusted operating profit (Ebit) of between €375 million and €425 million for the full 2020 financial year on an increase in total revenues of between 20 and 22 percent. As usual, the growth will be driven by an increase ...
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News briefs
4F emerges in Ukraine
One of the major Polish sports apparel brands, 4F, has emerged on the Ukrainian market by opening its first store in the country through Epicenter K, which has become 4F’s exclusive partner in the country. The first store is located in Kiev, and by the end of 2020, Epicenter plans ...
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News briefs
Foot Locker partners with Adyen for online and in-store payments
Foot Locker is expanding its relationship with Adyen to various markets internationally for in-store and online payments. The international athletic footwear retailer has been working with Adyen since 2018. Headquartered in Amsterdam, Adyen has offices across Europe, North and South America, Asia and Australia.
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Infographics & DataRanking - The largest e-commerce sports shops in Europe
This exclusive chart shows the largest e-commerce sports shops in Europe ranked by website visitors. Included are sporting goods retailer and e-tailer. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Article
Covid boosted online sales of sports goods in Spain
A survey that IAB Spain and Elogia conducted online in June of this year suggests that 15 percent of Spanish e-commerce consumers, aged 16 to 70, purchased sporting goods during the coronavirus quarantines. Streaming services also drew 15 percent. The product of choice, however, was food (48%), followed by household ...
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Article
Intersport settles with creditors in Sweden at 75%
Intersport Sverige says it expects to come out of insolvency proceedings before the end of October, along with its Löplabet chain of running stores and another subsidiary, following the approval of a settlement by 99 percent of its creditors. We have learnt that they agreed to write off 75 percent ...
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News briefsZalando launches Brand Homes for more customer engagement
Zalando has launched a new offer, called Brand Homes, that allows brands to supply high-quality and directly curated content to lead customers to engage with them on its website longer and more frequently, or to discover them for the first time. The service is also meant to enrich the customer ...
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News briefsAmanda Rajkumar will run HR for Adidas
Amanda Rajkumar, a 48-year-old British national with 24 years of experience in human relations at other global organizations, is taking the place of Karen Parkin at the Adidas Group as the executive board member in charge of global human relations, overseeing a staff of nearly 60,000 people. She will be ...
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News briefs
Adidas founds the Football Collective
Adidas has launched the Football Collective in London, Paris, Berlin, New York, Los Angeles and Tokyo. A form of federation of local individuals and clubs, the Football Collective intends to foster social changes through football. It will be working with local initiatives already set up under the Adidas Football Collective ...
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ArticleThe pandemic forces fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes toward fashion and retail, and calls are getting louder for “something to be done,” such as fewer collections, less fast fashion and more attention to sustainability.
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News briefsDecathlon benefits from multi-channel model in Germany
Decathlon Germany will close the 2020 fiscal year with seven new openings and two expansions. They will more than offset the closure of five units including the French company’s first outlet in the country, opened in 1986 in the Kley district of Dortmund, and the small Decathlon Connect store opened ...
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Short stops
RETAIL
+++ Burton Snowboards’ first Scandinavian store has opened in Stockholm, taking the place of a former bike and coffee shop at Norrlandsgatan 20 +++ Oct. 16 is the date set for the opening Goldwin’s first European flagship store in Munich’s Schäfferhof +++ Canada Goose is set to open its first ...
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Article
Adidas completes green bond offer
Adidas has announced the successful placement of its first sustainability bond, whose offer was more than five times oversubscribed. The €500 million bond carries a 0.00 percent coupon and has a duration of eight years. It is divided into five equal tranches and will be listed on the Luxembourg Stock ...
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News briefs
Himaraya books a loss, citing the Olympics’ cancellation
The postponement of the Tokyo 2020 Olympics and the cancellation of many other sports events weighed on Himaraya’s performance. The Japanese sporting goods retailer ended with a loss of 789 million yen (€6.3m-$7.3m) in the fiscal year ended on Aug. 31, compared with a net profit of ¥587 million for ...
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News briefs
Save the Duck opens its second Milan store
Known for outerwear made exclusively with animal-free and “cruelty-free” materials, Save the Duck was,in June of last year, the first Italian fashion company to receive B Corp certification for the sustainability of its products and processes. In contrast with Moncler or Canada Goose, it produces its stylish jackets and parkas ...
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News briefsHuski Wear, a new Swedish-based skiwear brand
With the backing of a Chinese firm and a brand of hot chocolate, three veterans of the sports apparel industry, Lena Claesson, Magnus Liljeblad and Jonas Olsson, have launched a digital-only brand of sports apparel in Gothenburg, Sweden, called Huski Wear. Claesson was formerly design and product director at Peak ...
