News briefs - Retail – Page 39
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News briefsDecathlon introduces first urban dance collection
Decathlon has launched its first unisex collection in the urban dance category, under the brand name Starever, formerly Decathlon Dance. Starever gathers the Decathlon products for any type of dancing, including the four disciplines of urban dances, modern jazz dance, contemporary and ballet dances, and fitness dance. The company has ...
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News briefsFusalp to open its first U.S. stores
Fusalp, the French skiwear brand, will mark its 70th anniversary this year with the opening of its first U.S. store in November, in the ski resort town of Aspen. Later, in 2023, the company plans to open a store in New York. Fusalp was founded in 1952 in Annecy by ...
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News briefs
Li Ning updates first-quarter sales
At Li Ning, first-quarter same-store sales rose in the “low 20s” for the period ended March 31. By segment, sales in the retail channel were up in the “mid-20s,” up in the “low teens” for the wholesale (franchised distributors) segment; and e-commerce revenues improved “mid-30s” year-on-year. The company ended the ...
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News briefs
Padel Nuestro to open flagship near Murcia
According to CMDsport, Padel Nuestro will be inaugurating a flagship in Alcantarilla, which lies just outside Murcia in Spain and is home to the retailer’s headquarters. Pádel players, social-media influencers and other celebrities will be present for opening day sometime next month. Another flagship is to follow in Madrid. Padel ...
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News briefsSport 2000 offers running sales training for specialists and general retailers
With its new training format – “expert running consultancy,” a special training program for the sales staff of its running specialty stores and in the running section of generalist stores – the running division of the German Sport 2000 buying group seeks to instill a deeper insight into biomechanics, anatomy ...
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News briefsSouth African sportswear retailer Studio 88 Group acquired by Mr Price
Fashion and home goods retailer Mr Price, a publicly-traded company based in Durban, South Africa, announced that it is acquiring 70 percent of the shares in Studio 88 Group, a major retailer of sneakers and apparel from Nike, Adidas, Vans and many other sportswear brands in South Africa, for 3.3 ...
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News briefsIntersport Germany invests in fully automated, rebuilt and expanded central warehouse
The Intersport warehouse in Heilbronn, Germany, has reached its limits due to years of growth in product ranges, unit numbers, complexity and stock turnover. A massive investment in floor space and logistics software and hardware has significantly increased the purchasing community’s warehouse size: In addition to the existing building, a ...
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News briefsLululemon expands “Like New” resale program across U.S.
After launching its “Like New” pilot program last spring in 80 stores in California and Texas in collaboration with Trove, recognized industry experts in branded re-commerce, to support with resale technology and operations, Canadian athleisure brand Lululemon, which most recently expanded into the running and tennis markets, has expanded its ...
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News briefsDecathlon revises loyalty program
This month Decathlon is advertising its revised French loyalty program, Decat’Club, with a marketing campaign called “Coup de Projecteur,” which means something like “slide show” or “film showing.” Customers must sign up for a Decathlon account first, and any purchase made through the account will sign them up automatically for ...
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News briefsOutdoor retailer McTrek enables German fashion chain Adler to enter sporting goods segment
Germany’s Adler Modemärkte is cooperating with McTrek Retail GmbH to enter the outdoor product market with its more than 130 Adler stores in Germany, Austria, Luxembourg and Switzerland. Adler Modemärkte AG, a company that had been strong with private labels in the past, went into insolvency in 2021 and was ...
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News briefsNPD merges with IRI to create new global analytics and data provider
Information Resources, Inc. (IRI), a U.S.-based global company providing solutions and services for consumer, retail and media companies, and the market research firm NPD Group from New York, known as a provider of market information and advisory services in more than 20 industries, have signed a definitive agreement to merge ...
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News briefs
JD.com promotes Lei Xu to CEO
JD.com Inc. promoted Lei Xu to chief executive officer, succeeding Richard Liu. Xu, who most recently served as president at the Chinese tech and online retail company and thus already led its operations, will also join its board of directors. Liu founded JD.com in 2004. He will remain chairman of ...
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News briefsUYN opens first flagship in Germany
The Italian brand UYN (Unleash your Nature) has opened a brand shop inside Germany’s renowned KaDeWe in Berlin, a 60,000-sqm department store. UYN’s 200-sqm brand space is located on the fourth floor in the sports brand environment, featuring its shoe collection and its running, fitness and outdoor lines. UYN is ...
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News briefsSports Direct launches running podcast for Ramadan period
British sports retailer Sports Direct has launched a podcast called “Fast Enough: Ramadan Running”, available for free on Audible and other platforms, to assist Muslims during the fast. The English-language podcast series, which runs until the end of Ramadan on May 1, includes training plans, wellness tips, mental preparation and ...
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News briefs
Nike to begin testing Jordan-only stores in North America
Nike will begin testing stores in North America that only sell its Jordan brand in fiscal 2023. The announcement was made during Nike’s earnings call for its fiscal 2022 third-quarter results on March 21. The test in North America will leverage a consumer experience that proved “wildly successful in Greater ...
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News briefsDecathlon suspends activities in Russia
After Decathlon had initially announced to keep its 60 brick-and-mortar and the web store open in Russia until further notice following the outbreak of war in Ukraine to protect its employees from possible harmful measures, the French company has now announced that it is ceasing its operations in the country ...
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News briefsSport 2000 Absolute Teamsport concept grows by two new specialized stores in Germany
Two new shops in Germany have opened their doors under the Absolute Teamsport concept by Sport 2000. The concept aims to provide a specialized, comprehensive range of team sports products and services. With the new Absolute Teamsport Rauscheid in Alsdorf and the Absolute Teamsport Burdenski Sportswear in Bremen, the total ...
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News briefsAmazon to open first fulfilment center in Turkey
Amazon has announced plans to open its first logistics base in Turkey in autumn 2022. The facility, which will be based in Istanbul’s Tuzla municipality, is expected to create 1,000 new jobs during the first year. Amazon is investing more than 100 million dollars in the new site, which is ...
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News briefsCanada Goose accelerates expansion in the Japanese market
Canada Goose Holdings and its longtime Japanese partner Sazaby League Ltd. have reached an agreement to establish the Canada Goose Japan joint venture to accelerate DTC expansion, including retail stores. The agreement will replace an existing exclusive national distribution agreement between Sazaby League and the Canadian luxury outdoor brand. Beginning ...
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News briefsABG suspends all branded retail and e-com operations in Russia
Authentic Brands Group (ABG), the owner of a wide range of lifestyle and fashion brands including Airwalk, Eddie Bauer, Greg Norman, Muhammad Ali, Nautica, Prince, Reebok, Shaquille O’Neal, Spyder, Tretorn, Vision Street Wear and Volcom, announced that it has ceased all its branded retail and e-commerce operations in Russia effective ...
