News briefs - Retail – Page 55
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News briefs
Burton is paying sales commissions to wholesalers and retailers
According to Boardsport Source, Burton has initiated in certain European countries a pilot version of the “Sales Incentive Program” it has set up in the U.S. Employees at its wholesale partners in in Germany, Austria and Switzerland are receiving a commission, or “cash bonus,” on the sale of Burton x ...
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News briefsOn Running opens a highly digital global flagship in New York
On Running has opened its first global flagship store. Located in New York City’s NoHo (short for north of Houston Street), the store is designed to become, in time, a “seasonal hub” for runners and athletes. For now it is serving digitalized personalization. “Hidden gait-cycle analysis” via a “custom-built invisible ...
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News briefs
Nike opens flagship store in Barcelona with Italy’s Percassi
Nike has inaugurated a new megastore in Barcelona’s Paseo de Gracia, one of the city’s major avenues and a main shopping and tourist area. Studded with digital features, it provides many options for product customization. The floor is made with some 80 tons of recycled materials, equivalent to 188,000 football ...
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News briefs
A collective e-commerce platform for Spanish buying groups
Many Spanish independent sports retailers do their purchasing through a variety of buying groups. Diffusion Sport reports that Spain’s National Association of Buying Groups and Organized Commerce (Anceco) has brought to fruition a two-decade-old idea to gather SMEs with similar profiles into a collaborative scheme to enable them to compete ...
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News briefs
Moncler opens its largest store, but another one is sacked
A band of a dozen individuals entered a Moncler boutique on boulevard Saint-Germain, in the elegant and trendy 6th district of Paris, in the afternoon of Friday, Dec. 11 and stole as many jackets of the brand as they could in a matter of seconds. The hooded individuals required the ...
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News briefs
Adidas confirms options for Reebok
Confirming previous media reports, the Adidas Group says that it has started considering various options for its Reebok brand, including a possible sale. “As part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok. These strategic alternatives include both a potential sale ...
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News briefs
Denmark extends Covid-related restrictions for retail and sports, but sports retailers are happy
Danish sporting goods retailers indicate that their sales have been higher overall this year than in 2019 - in spite or because of the pandemic. Public authorities have encouraged people to practice sports, especially outdoors. As they have been saving money on anything except e-commerce, they are also said to ...
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News briefs
Runners Need plans further retail expansion
Runners Need will be opening 10 stores in 2021. The British retailer has opened nine stores this year – in Manchester, Edinburgh, Belfast, Kingston Upon Thames, South Cerney, Chester, Brighton and London’s Covent Garden and Islington – and now operates 43. It has also recently enjoyed its best e-commerce sales, ...
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News briefs
Fanatics acquires WinCraft
As Sports Business Daily reports, Fanatics has acquired WinCraft, in a move that will diversify the company’s reach beyond its core licensed apparel business. Established in 1961, WinCraft is a producer of sports-themed hardgoods and other non-apparel items. The company generates about $100 million in annual revenues, according to Fanatics, ...
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News briefs
Adidas and Vice Golf partner on a shoe project
Adidas and Vice Golf, a German brand of golf balls, have joined forces on a limited-edition golf shoe that incorporates the Adidas Boost foam-cushioning technology. The shoe is mostly white, with lime-green accents and a camouflage pattern in gray and white on the top. Vice’s logo is visible underneath the ...
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News briefs
One of Zalando’s three CEOs to step down
Rubin Ritter plans to step down as Zalando’s joint chief executive, responsible for strategy and communication. He and the company’s supervisory board will be negotiating to dissolve his contract, which was to run until November 2023. Ritter says that he will be spending more time with his expanding family and ...
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News briefs
Adidas grants a Corona bonus to all employees
Adidas has announced that it will give a Corona thank you bonus to all the members of its staff of about 60,000 employees around the world for Christmas. Regulations introduced by the German government will make the bonus free of taxes and social charges. The bonus will amount to up ...
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News briefsZalando adds 1 mln clients during Cyber Week
Zalando acquired more than one million new customers during the sixth edition of its Cyber Week, surpassing last year’s new customer record. The gross merchandise volume (GMV) grew by about 35 percent over same the period and some 7,500 orders were placed per minute at peak times. The share of ...
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News briefs
Sergio Ramos leaves Nike, probably for Adidas
The captain of the Real Madrid football club and the Spanish national football team, Sergio Ramos, has decided not to extend his 10-year deal with Nike. He has now posted a photo on Instagram of him wearing Adidas boots, leading to press speculations that he has signed up with the ...
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News briefsVF opens its first multi-brand store
VF Corporation has opened its first multi-brand store on a surface of 2,000 square meters on three levels in a landmark building near Milan’s cathedral. Named after its address, Orefici11 carries three brands – Timberland, The North Face and Napapijri – with dedicated show windows for each brand and dedicated ...
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News briefsFormer Zappos head Tony Hsieh dies
Tony Hsieh, who co-founded Zappos.com, the pioneering American footwear and clothing online retailer, and ran it for about two decades, died at the age of 46 due to complications from injuries sustained in a house fire in New London, Connecticut. Known for his kindness, generosity and a relentless focus on ...
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News briefs
Adidas is a new founding partner of the Global Sports Week
Adidas has been announced as a new founding partner of the Global Sports Week (GSW) in Paris. The German sportswear giant joins the other founding partners of the event, which are the French Ministry of Sport, the French banking group BPCE, and EGG Events. The first edition of GSW Paris ...
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News briefs
Adidas launches its first road cycling shoe since 2005
Evidently responding to the booming demand for cycling products, Adidas is releasing the Road Cycling Shoe, its first since the launch of the Adistar Road SL over 15 years ago. The upper of the Road Cycling Shoe is made from Primegreen, which the company claims to be a 100 percent ...
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News briefs
Dior launches a ski line with Descente and other partners
For the launch of its first men’s capsule ski collection, Dior is opening a pop-up shop in the SoHo neighborhood of New York City, specifically at 109 Greene Street. Other pop-ups – in Osaka, Japan, for instance – will open during the month of November. The New York shop, operating ...
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News briefs
Deporvillage sees a run on indoor cycling
Like many other retailers of sporting goods, Spain’s Deporvillage has experienced a run on fitness items with the onset of new Covid-19 lockdowns and a good autumn/winter season. Stationary bikes have been difficult enough to keep in stock, but never in its decade-long history has the e-tailer seen such demand ...
