News briefs - Retail – Page 71
-
News briefs
In 2021, online advertising will represent for the first time...
In 2021, online advertising will represent for the first time in history more than half of total ad spending. According to Zenith’s Advertising Expenditure Forecasts, web advertising will account for 52 percent of global ad spending, as compared to 44 percent in 2018 and a projected 47 percent in 2019. ...
-
News briefs
Adidas unveiled the new Adidas by Stella McCartney tennis collection...
Adidas unveiled the new Adidas by Stella McCartney tennis collection ahead of Wimbledon, the legendary tournament. This year's edition of the tournament started on July 1, and will finish on July 14. Alongside McCartney's signature design touches, the 17-piece collection uses innovative materials, such as a synthetic fiber made from ...
-
News briefs
Adidas is reinforcing its ties with the German national football...
Adidas is reinforcing its ties with the German national football team (DFB), of which it has been the sponsor for a long time. The DFB will be training for the 2020 European Football Championship (Uefa Euro 2020) at World of Sports, Adidas' headquarters in Herzogenaurach. Preceding the announcement was a ...
-
News briefs
XXL ASA, the highly leveraged Norwegian-based sports retailer, says it...
XXL ASA, the highly leveraged Norwegian-based sports retailer, says it has agreed on a new covenant with its bank consortium for its third-quarter results. Last February, it had renegotiated covenants for the first and second quarters of this year. The covenant for the third quarter sets a debt/Ebitda target of ...
-
News briefs
The battle for control of Netshoes, the Brazilian e-tailer specializing...
The battle for control of Netshoes, the Brazilian e-tailer specializing in athletic footwear, has ended. Its shareholders approved on Friday Magazine Luiza's latest improved offer of $3.70 a share, valuing the company at $115 million. The Brazilian omni-channel retailer had initially made a bid for Netshoes at $2.00 per share, ...
-
News briefs
Atmósfera Sport, a major Spanish buying group with more than...
Atmósfera Sport, a major Spanish buying group with more than 250 affiliated sporting goods stores, has made various investments in digital marketing and logistics in the past few weeks. It has hired half a dozen new employees to help stimulate the online sales of its retail members. It has also ...
-
News briefs
Like Intersport, the Tréndico Group – formerly Twinner Iberia –...
Like Intersport, the Tréndico Group – formerly Twinner Iberia – intends to set up shop in Portugal by next year. The Spanish group opened one of its lifestyle-oriented Foot on Mars stores on 250 square meters in the British colony of Gibraltar in May and plans to inaugurate e-commerce for ...
-
News briefs
Go Sport has opened its first two stores in India,...
Go Sport has opened its first two stores in India, following a master franchise agreement signed at the end of 2017 with the Lulu Group. The two units are a store of 1,200 square meters in Mumbai and another one measuring 1,000 m² in Bangalore.
-
News briefs
Under Armour plans to open its first store in the...
Under Armour plans to open its first store in the Nordic countries in September. It will be located in Stockholm's Mall of Scandinavia, which is right next to the Swedish National football stadium, Friends Arena. At a little over 200 square meters, the store will display the breadth of the ...
-
News briefs
NikeLab and the designer Virgil Abloh have launched the Chicago...
NikeLab and the designer Virgil Abloh have launched the Chicago Re-Creation Center at 673 de N. Michigan Avenue. Slated to run during the summer, from May 31 to July 28, this “cultural hub” is intended to provide mentorships and workshops for the young in Abloh's hometown as well as exclusive ...
-
News briefs
Blue Tomato, the omni-channel boardsports retailer, is planning to open...
Blue Tomato, the omni-channel boardsports retailer, is planning to open its first brick-and-mortar shop in Scandinavia, according to sport-guide.com. The Austrian-based retailer, which is a subsidiary of the Zumiez group, already sells online in Denmark, Finland and Sweden. Blue Tomato is also planning to open a store in Amsterdam in ...
-
News briefs
Uniqlo will inaugurate its first Italian physical store on September...
Uniqlo will inaugurate its first Italian physical store on September 13. Until now, the brand's Italian presence was online only. The 1,500 shop, on three floors, will be located in Milan's Piazza Cordusio, at walking distance from Piazza Duomo. The Japanese brand opened a 2,040-square-meter shop in Amsterdam last October, ...
-
News briefs
Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has...
Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has announced that his company should be delivering packages with drones “within months.” Speaking at Re:Mars – the e-tail behemoth's conference on machine learning, automation, robotics and space, held on June 4-7 in Las Vegas – Wilke said that Amazon's latest ...
-
News briefs
Adidas, Foot Locker and Game of Thrones have teamed up...
Adidas, Foot Locker and Game of Thrones have teamed up for the release of a limited edition of shoes, called the Game of Thrones x Adidas Ultra Boost Collection. The limited edition takes inspiration from characters in the HBO series and includes six color combinations that pay homage to them. ...
-
News briefs
Adidas and Ikea are collaborating to develop new home fitness...
Adidas and Ikea are collaborating to develop new home fitness solutions, with the purpose of increasing the number of “active homes” in which people can work out. Designers and product developers from both companies paid a visit to the homes of people in London, New York, Chicago and Shanghai in ...
-
News briefs
SportScheck, the leading German sporting goods retailer, will organize running...
SportScheck, the leading German sporting goods retailer, will organize running events in 17 German cities including Hamburg, Munich, Cologne and Berlin over the next six months. Under Armour will be the main sponsor of the events. SportScheck will combine the events with various “digital challenges” via its MapMyRun app. Users ...
-
News briefs
Adidas organized a long-standing running event, called “Run for the...
Adidas organized a long-standing running event, called “Run for the Oceans,” at the company's new headquarters in Herzogenaurach on June 11. Roland Auschel, sales director Adidas, Harm Ohlmeyer, financial director, Gina Lückenkemper, a world-class sprinter, Sebastian Steudtner, a big wave surfer, and Ian Thorpe, the Australian swim legend, were in ...
-
News briefs
The battle for control of Netshoes, the biggest sports e-tailer...
The battle for control of Netshoes, the biggest sports e-tailer in Latin America, is escalating. As reported in our last issue, Magazine Luiza initially made a bid for Netshoes at $2.00 per share, valuing the company at $62 million. Late last month, Grupo SBF, which owns the big Centauro chain ...
-
News briefs
Adidas has promoted Neelendra Singh to general manager for India....
Adidas has promoted Neelendra Singh to general manager for India. He takes over the role from Dave Thomas, who has been appointed as Adidas' managing director for emerging markets. Singh, who was previously senior vice-president of global DTC and franchise, will continue to report to Dave Thomas. Singh joined Adidas ...
-
News briefs
Keller Sports, the German e-tailer of premium sporting goods, has...
Keller Sports, the German e-tailer of premium sporting goods, has won the German Innovation Award for two services: the Keller sMiles reward app and the Keller Premium Membership. The sMiles app can connect to any of several activity-tracking apps, such as Garmin ConnectTM, Nike Run Club, Google Fit, Apple Health ...
