News briefs - Retail – Page 40
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News briefs
Decathlon signs agreement with ADESP
According to CMDsport, Decathlon has signed an agreement on inclusivity, equality and sustainability with the Spanish Sports Association (ADESP). One of its programs is to mentor female managers in sports federations, another is to promote the employment of handicapped athletes, and yet others aim to have athletes test Decathlon products ...
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News briefsAbercrombie & Fitch launches new activewear line
Global textile retailer Abercrombie & Fitch (A&F) has launched a new activewear sub-brand for women and men named Your Personal Best (YPB) that is currently available only in most North American Abercrombie & Fitch stores and online. Offering a size range from XXS to XXL with additional ...
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News briefsTréndico is entering the phygital era
Tréndico Group will be taking “all necessary steps” to bring its Atleet and Foot on Mars stores into the “phygital” (physical + digital) realm. Speaking to CMDsport, group CEO Carlos Tejeda laid out the rationale as follows: “The main changes in the market are generated by the consumer, and right ...
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News briefs
VF suspends commercial activities in Russia and supports refugees
VF Corp. has joined those companies temporarily suspending commercial operations in Russia. Accordingly, VF has closed Vans-operated retail stores across the country and suspended processing e-commerce orders through the Vans and The North Face brand websites, the company said. The VF Foundation has donated $250,000 to UNHCR, the United Nations ...
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News briefsWomen’s activewear e-shop Apparelle launches end of March
A new online store concept will launch on March 21, 2022: Apparelle. According to theindustry.fashion, the new shop concept will feature 25 brands from established to niche brands and newcomers, including Lorna Jane, Bala and Free People Movement. The founder of the new Apparelle store is Amber Goodwin, an ex-investment ...
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News briefsKicks Crew raises $6 million in Series A funding
Kicks Crew, a global e-commerce platform for sneakers and apparel, announced the closing of a $6 million Series A funding. The financing was led by Gobi Partners, Asia-based private investment group Pacific Century Group and DL Securities Hong Kong. The capital raised will help strengthen the company’s position in the ...
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News briefsSport 2000 opens Mega Store in Sofia, Bulgaria
Under the Sport Depot banner, Sport 2000 has opened a Mega Store in Sofia, its largest store in Bulgaria with 3,000 square meters of retail space and four floors, each specializing in a different type of sport. The new retail concept of the store is characterized by a contemporary interior ...
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News briefs
Paris Saint-Germain opens flagship store in New York
French football club Paris Saint-Germain (PSG) has announced the opening of a flagship store in New York City, located at 587 5th Avenue. It will be the first official boutique in New York City for an international sports club and the club’s largest store outside of France, adding to PSG’s ...
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News briefs
Puma introduces diverse mannequins in India
Puma India has introduced diverse mannequins in its stores across the country to mark Women’s Day. The brand selected four female customers with different body types to participate in the initiative, in which mannequins were made according to their measurements. In the past, retail mannequins have always been tailored to ...
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News briefsIntersport Germany continues to focus on growth
Expansion is right at the top of Intersport Germany’s agenda in 2022: the existing dealer network is being strengthened and further expanded with a significant investment program. An example is the opening of Intersport Stommen in Essen, Germany, on March 3, 2022. The sports retailer offers more than 850 square ...
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News briefsAustrian Post, Intersport and other retailers launch pilot project for reusable packaging
In a joint pilot project supervised by the University of Upper Austria and organized and managed with Austrian Post, five retail companies in Austria are using new types of reusable shipping packaging. Among the online retailers in the project is Intersport Austria. Four different types of packaging made of cardboard, ...
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News briefsFabletics to open 30 new stores in 2022
Fabletics has announced that it plans to open 30 new store locations in 2022. The new stores planned for this year will bring the brand’s global brick-and-mortar presence to more than 100 locations. The company has unveiled the first 18 new locations slated to open in 2022, all of which ...
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News briefsPentland goes direct for Speedo in Germany
Swimwear brand Speedo, part of Pentland Brands, which also owns the Berghaus, Canterbury of New Zealand, Endura, Ellesse, SeaVees and Mitre brands, has announced that it will return to a direct-to-retail business model in Germany. As one of the largest markets for swimwear in Europe – worth €486 million in ...
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News briefsSnipes with second major acquisition in the U.S. since December
Snipes continues its expansion in the U.S. with the acquisition of New England-based sneaker retailer Expressions, which operates 35 stores in Massachusetts, Connecticut and Rhode Island. Terms of the deal were not disclosed. Expressions was founded in 1989 as a fashion-oriented family business. In the years that followed, the company ...
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News briefs
Sprinter is set to open 25 new stores in Spain
The Spanish news service Palco23 reports that JD Group is planning to open 25 new Sprinter stores in Spain this year. Sprinter, which has been part of JD Group since 2011, is one of the main sports retailers in Spain, selling both international sports brands and private labels. Plans for ...
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News briefsDecathlon’s largest German store opens in Cologne
Source: Decathlon Germany Decathlon Cologne-Marsdorf The expansion of the Decathlon store in Cologne-Marsdorf, which first opened in 2017, to a total of 8,500 square meters (bigger than a football field) has been completed. The remodeling created new indoor test areas with, among other things, space for a ...
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News briefs
Atmósfera Sport enters France and Portugal
The Spanish news service Palco23 reports that the Spanish buying group Atmósfera Sport expects its sales to increase by 25 percent in 2022 after posting a 37 percent growth in 2021 compared to 2020. The growth in sporting goods is supported by omnichannel, digitization and international expansion. According to the ...
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News briefseBay celebrates the women behind sneakers with Trailblazers Collection
eBay has announced the Trailblazers Collection, an exclusive drop that highlights sneakers designed or inspired by the industry’s most influential women. Kicking off Women’s History Month, this one-of-a-kind event on the U.S. eBay website combines some extraordinary styles with impressive backstories and celebrates the undeniable influence of women on sneaker ...
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News briefsNike temporarily halts e-commerce in Russia
As reported by the Portland Business Journal, Nike has temporarily halted sales through its Russian website and app, stating that the company “cannot guarantee delivery of goods to customers in Russia.” The news came after major logistics companies such as UPS and FedEx announced they would temporarily suspend their services ...
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News briefs
German retail supply bottlenecks worsen in February
According to a survey by the research institute Ifo, supply problems in German retail have worsened again in February. In February, 76.3 percent of overall retailers said they did not receive all the goods they ordered. A month earlier, the figure was 57.1 percent. Among retailers selling clothing, 52.6 percent ...
