News briefs - Retail – Page 102
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News briefs
Zalando warns investors that its sales will be up by...
Zalando warns investors that its sales will be up by between 33 and 35 percent in 2015, up from a previously forecast range of 28-31 percent, but they will generate an operating margin of 3 to 4 percent, less than the anticipated margin of 4-5 percent. The updated forecast for ...
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News briefs
Adidas filed a suit against Skechers USA in Portland's district...
Adidas filed a suit against Skechers USA in Portland's district court on Sept. 14, charging that one of its shoe styles is a knock-offs of its Stan Smith model, and that others use its Supernova trademark and its Three-Stripe mark. The two companies have already squared off and reached settlements ...
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News briefs
Adidas has announced the signature of a multi-year partnership deal...
Adidas has announced the signature of a multi-year partnership deal with Sidney Crosby. The terms of the agreement were not disclosed. The National Hockey League (NHL) star will represent Adidas at major international sporting events and brand initiatives around the world. He will also consult with the brand on apparel ...
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News briefs
Under Armour will replace Adidas in 2016/17 as the all-school...
Under Armour will replace Adidas in 2016/17 as the all-school supplier to the Badgers collegiate team in Wisconsin. Reportedly, it will pay an annual fee of $4 million for ten years, compared with $800,000 for Adidas. Additionally, it will supply products worth of $3.33 million in the first year, rising ...
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News briefs
Adidas France is to transfer its French head office to...
Adidas France is to transfer its French head office to Strasbourg toward the end of 2017, in the new business area of Wacken. It will thus leave the village of Landersheim near Saverne, where it was established in 1973. Despite repeated renovations, the office complex was apparently no longer suitable. ...
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News briefs
Sport Partner reports that all Telstar Megastores are to remain...
Sport Partner reports that all Telstar Megastores are to remain open, on the back of an agreement between unnamed investors and the Dutch sports retailer's receiver. The stores will continue trading under the Telstar name but the group will work closely together with Daka Sport, another Dutch sports retailer, which has actively ...
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News briefs
Textilwirtschaft reports that Stadium, the Swedish sporting goods retailer with...
Textilwirtschaft reports that Stadium, the Swedish sporting goods retailer with stores in Sweden, Denmark, Finland and more recently in Germany, has started trading through a German-language online store, www.stadium.de. Stadium opened its first German store on about 1,650 square meters in Hamburg last year and added a second store in ...
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News briefs
Go Sport has launched Go Sport Occasion, a new online...
Go Sport has launched Go Sport Occasion, a new online platform for second-hand sporting goods of all sorts, including equipment. The platform is open to both private customers and professionals and can be accessed via the retailer's e-commerce site at www.go-sport.fr under “Services.” Ads are grouped by region and city ...
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News briefs
Go Sport has collected nearly €40,000 to support the tennis...
Go Sport has collected nearly €40,000 to support the tennis section of the French Handisport Federation (FFH), which promotes tennis for disabled people in France. The sporting goods retailer had recently proposed its clients donate €1 in cash for this cause. In 2014, when the initiative was first launched, Go ...
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News briefs
Arc'teryx has opened its fifth U.S. store in Denver and...
Arc'teryx has opened its fifth U.S. store in Denver and plans to add two others in New York City and Boston by the end of this year. The fast-growing brand, which is said to have a potential for total sales of €500 million, already opened new stores in London and ...
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News briefs
Alibaba Group Holding has established a new Alibaba Sports Group...
Alibaba Group Holding has established a new Alibaba Sports Group together with Sina Corporation and Yunfeng Capital. The idea is to leverage Alibaba's large e-commerce footprint in China with Sina's media resources to create an integrated, internet-based sports platform for the benefit of the sports industry, sports teams, sports fans ...
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News briefs
Adidas hired Egon Zehnder last February to head-hunt a new...
Adidas hired Egon Zehnder last February to head-hunt a new chief executive to take over the place of Herbert Hainer after his present contract expires in March 2017, according to Bloomberg. The 61-year-old Hainer has been running the group since 2001. Bloomberg quoted a couple of institutional shareholders of Adidas ...
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News briefs
Runners Point, the German retail chain owned by Foot Locker,...
Runners Point, the German retail chain owned by Foot Locker, has moved into the Austrian market with its new, more specialist format, which focuses on running, to the detriment of brands such as Timberland or Vans. Runners Point has opened its first two stores in Austria, located in the SCS ...
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News briefs
Foot Locker has opened a big flagship store in Madrid....
Foot Locker has opened a big flagship store in Madrid. Located at 6 Calle de Preciados, it stretches over 1,500 square meters on three floors. It offers more apparel than Foot Locker's 49 other stores in Spain. It houses a House of Hoops and two dedicated areas for Nike Sportswear. ...
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News briefs
On Aug. 31, Hervis Sport opened its third store under...
On Aug. 31, Hervis Sport opened its third store under the flag of Hervis Express in Vienna's Westbahnhof (West Station). For the Austrian multi-channel retailer, this format is relatively new. It was premiered in Innsbruck last year followed by similar shop in Prague. The idea is to present the full ...
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News briefs
Surfstitch, the Australian e-commerce group specializing in contemporary surf and...
Surfstitch, the Australian e-commerce group specializing in contemporary surf and fashion brands, will unify its six platforms - Surfstitch.com, Surfdome.com, Swell.com, Stabmag.com, magicseaweed.com and theLens – under the global site Swell in 2016. Surfstitch posted revenues of 199.4 million Australian dollars (€124.7m-$141.4m) in the fiscal year ended June 30, representing ...
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News briefs
New Balance has opened its second store in Barcelona. Presenting...
New Balance has opened its second store in Barcelona. Presenting a new layout, it is located in a high-traffic shopping street of the city, Portal de l'Àngel. It will be the brand's 4th store in Spain. New Balance has also opened its first Portuguese store in Lisbon. Through its French ...
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News briefs
Under Armour has set up a sport corner at the...
Under Armour has set up a sport corner at the Citadium Caumartin shop in Paris, the first for the American brand inside a fashion store. The 35-square-meter space is located on the third floor of the store. It sells both fitness apparel and footwear.
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News briefs
Adidas filed a suit against Skechers USA in Portland's district...
Adidas filed a suit against Skechers USA in Portland's district court on Sept. 14, charging that one of its shoe styles is a knock-offs of its Stan Smith model, and that others use its Supernova trademark and its Three-Stripe mark. The two companies have already squared off and reached settlements ...
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News briefs
Adidas has completed the purchase of a new warehouse outside...
Adidas has completed the purchase of a new warehouse outside Moscow at a price estimated by local sources at between $70 million and $100 million. Located in a warehousing complex where it has been renting more than 65,000 square meters of space since 2012, the new warehouse is nearly double ...
