News briefs - Retail – Page 101
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News briefs
Hydra Ventures, the venturing arm of the Adidas Group, has...
Hydra Ventures, the venturing arm of the Adidas Group, has become an investor in 360fly, a Californian company that specializes in single-lens cameras capturing 360-degree videos. Hydra Ventures came on board as part of a Series C round of financing worth $40 million. It joins L Catterton and Qualcomm Ventures, ...
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News briefs
BM Sportech will handle the distribution of Adidas' textile and...
BM Sportech will handle the distribution of Adidas' textile and footwear offerings for pádel, the Spanish version of tennis, from the spring/summer 2017 season. BM Sportech is already the Spanish distributor of Prince and K-Swiss.
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News briefs
Sports Direct International (SDI) is among the parties that have...
Sports Direct International (SDI) is among the parties that have reportedly shown interest in acquiring BHS, a British retailer with 164 stores specializing in clothing and household items, which went into administration (a form of bankruptcy) earlier this month. Talks held with Mike Ashley, majority shareholder of SDI, fell through ...
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News briefs
Karstadt's online business has become profitable, said the manager in...
Karstadt's online business has become profitable, said the manager in charge in an interview with the Westdeutsche Allgemeine Zeitung (WAZ) last month. Klaus Haensch took over this function in May last year and he has made far-reaching changes at the German retailer's online business, leading to a reduced offering on ...
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News briefs
Keller Sports, the German high-end pure internet retailer, has decided...
Keller Sports, the German high-end pure internet retailer, has decided to open its first physical store. Its so-called Brand Experience Store will open its door on June 22 at Auenstrasse 120 in Munich.
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News briefs
Nike plans to reopen its store on Barcelona's Paseo de...
Nike plans to reopen its store on Barcelona's Paseo de Gràcia on May 12 after a major transformation. The 543-square-meter space will focus on running. It will be the headquarters of Barcelona's Nike+ Club. It will feature several services including Nike ID, stride analysis, coaching, bra fitting and the advice ...
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News briefs
Vibram has opened its first flagship store in Athens, called...
Vibram has opened its first flagship store in Athens, called the Vibram Athens Academy. This first store represents an evolution from the Vibram Sole Factor trucks, which have been traveling around Europe, offering customers the opportunity to improve the performance of their shoes by choosing a sole from the brand's ...
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News briefs
Since last month, Stockholm has a new sneaker store. Solestory...
Since last month, Stockholm has a new sneaker store. Solestory is a modern shoe store that is inclined toward basketball and attempts to tell the story behind each model it sells. It is located in the middle of the city and is 150 square meters wide, plus a small stock ...
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News briefs
Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
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News briefs
Decathlon opened its largest store in Paris last week, with…
Decathlon opened its largest store in Paris last week, with a selling surface of 4,600 square meters in the northeast of the French capital. Decathlon says the new store in the 19th arrondissement covers 65 sports, it sells all of its private labels and offers services such as “click and ...
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News briefs
Billabong has inaugurated a new shop concept in a shopping...
Billabong has inaugurated a new shop concept in a shopping center near Toulon in France, called L'Avenue 83. It is the first of a series of store renovations that will be carried out throughout Europe. It has digital features. The atmosphere is bright. It plays on vibrant colors and the ...
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News briefs
According to preliminary figures, Zalando is expected to report a...
According to preliminary figures, Zalando is expected to report a sales increase of between 22.5 percent and 24.5 percent for the first quarter, meaning a turnover in a range between €788 million and €801 million. The adjusted operating margin (Ebit) declined to between 1.5 percent and 3.5 percent, down from ...
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News briefs
Nike is replacing Adidas as the sponsor of the University...
Nike is replacing Adidas as the sponsor of the University of Michigan's athletic department from next August. The 11-year contract is valued at $127.1 million. It gives Nike an option for a four-year extension.
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News briefs
Adidas has announced the removal of plastic shopping bags from...
Adidas has announced the removal of plastic shopping bags from its own retail stores globally. The announcement was made on April 22, to celebrate Earth Day while reiterating the company's commitment to sustainability. The switch to paper bags has already begun, with Russia and Kazakhstan following in June. Adidas has ...
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News briefs
Decathlon is reportedly continuing its expansion drive in Germany, with...
Decathlon is reportedly continuing its expansion drive in Germany, with at least six more openings this year. After new stores in Munich, Stuttgart and Berlin, Textilwirtschaft writes that the next openings are to take place in May in Lübeck and Landshut-Ergolding. The list continues with Kaiserslautern in June, Hamburg in ...
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News briefs
Stadium plans to grow significantly in the next five years,...
Stadium plans to grow significantly in the next five years, but mainly outside of Sweden, partly in Germany. In an interview with a Swedish newspaper, Dagens Industri, Stadium's new chief executive, Karl Eklöf, said the goal is to grow from the present annual level of about 5.1 billion Swedish kronor ...
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News briefs
The Austrian Sport 2000 voluntary group plans to install digital...
The Austrian Sport 2000 voluntary group plans to install digital kiosks at some of its partner stores, starting in May, allowing end customers to order products from its central warehouse for next-day delivery to their homes. Like Intersport Austria and Hervis Sport, Sport 2000 Österreich has apparently benefited from the ...
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News briefs
Under Armour is opening a 15,000-square-foot Brand House in Madison,...
Under Armour is opening a 15,000-square-foot Brand House in Madison, Wisconsin. The company is also reportedly going to open its first Brand House in Boston in November. With a size of 18,000 square feet, it would be second in size only to its flagship in Chicago, which measures 30,000 sqft. ...
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News briefs
In the framework of the brand's expansion in the running...
In the framework of the brand's expansion in the running category, Adidas recently opened its newest Runbase in the Berlin-Kreuberg section of Germany's capital city. The location is more than just a running store. It is meant to be a destination for local running communities, enabling them to try out ...
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News briefs
Paris' revamped Forum des Halles, whose modernization and expansion is...
Paris' revamped Forum des Halles, whose modernization and expansion is expected to cost around €1 billion, prominently features a new Nike store of 1,026 square meters under its new “canopy” roof and on one of its four corners. The store has dedicated areas for running, training, sportswear, men, women and ...