News briefs - Retail – Page 104
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News briefs
Direct Golf, the U.K. golf retailer that is partly owned...
Direct Golf, the U.K. golf retailer that is partly owned by Sports Direct International (SDI), boasts that it is on target to achieve a record financial year after a tenth consecutive month of turnover growth. Its sales jumped by 27 percent in June compared with the same month last year ...
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News briefs
Intersport UK has implemented supply chain adjustments that have enabled...
Intersport UK has implemented supply chain adjustments that have enabled it to drastically reduce delivery times, Sports Insight reports. Without access to the inventory, retail members previously had to call for replenishment. To get the changes started, seven points of sale were integrated with the central inventory. The buying group ...
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News briefs
William Monti, a former president of Sport 2000 France, has...
William Monti, a former president of Sport 2000 France, has quit the voluntary group to become a franchisee of Go Sport, according to Sportéco, and some others are making the same move. The integrated Go Sport chain started only recently to franchise its banner in France, after doing it for ...
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News briefs
The Go Sport Group, which already has a strong presence...
The Go Sport Group, which already has a strong presence in Poland through its full-line Go Sport stores, has opened the first store in the country for its athletic footwear chain, Courir. The store is located in the Galeria Mokotów in Warsaw. As in France, Courir will be supported by an ...
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News briefs
Himaraya, the large Japanese sporting goods retail chain, reports a...
Himaraya, the large Japanese sporting goods retail chain, reports a 52 percent increase in net income to 637 million yen (€4.7m-$5.2m) for the third quarter ended May 31 on 7 percent higher revenues of ¥20.23 billion (€150.6m-$166.4m). The gross margin inflated by 1.6 percentage points to 38.0 percent for the ...
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News briefs
Adidas celebrated its partnership with Parley for the Oceans at...
Adidas celebrated its partnership with Parley for the Oceans at the United Nations headquarters in New York on June 29, at the General Assembly Hall, on the occasion of a high-level event on climate change, convened by the President of the General Assembly. The event was the showcase for the ...
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News briefs
Nike is to replace Adidas as the sponsor of the...
Nike is to replace Adidas as the sponsor of the University of Michigan for its sports uniforms. The organization issued a statement saying that Nike was to become the Michigan Wolverines' official athletic footwear, apparel and equipment provider, starting from the beginning of August 2016 and until 2027, but with ...
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News briefs
By the beginning of August, Intersport Deutschland is set to...
By the beginning of August, Intersport Deutschland is set to have completed the integration of all the remaining 15 Sportpoint stores that it bought at the end of last year. Three have been closed. Some of the remaining stores will be operated by its Intersport Voswinkel chain. Sportpoint's founder, Wolfgang ...
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News briefs
Maloja, the German sportswear brand, has opened its first store...
Maloja, the German sportswear brand, has opened its first store in South Korea, located in Seoul's Gangnam area, covering 300 square meters.
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News briefs
The Adidas Group appeared puzzled this week by a lengthy...
The Adidas Group appeared puzzled this week by a lengthy German newspaper report containing allegations that workers contracted through temporary work agencies at a logistical center in Rieste, Germany, were treated unfairly. The article in Die Zeit reports complaints from workers that they were asked to be permanently on call without ...
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News briefs
Fenix Outdoor International says it has finalized the acquisition of...
Fenix Outdoor International says it has finalized the acquisition of the 40 percent stake it did not previously own in Frilufts, a subsidiary regrouping three outdoor retailers: Globetrotter from Germany, Naturkompaniet in Sweden and Partioaitta in Finland. Fenix already owned 60 percent of Frilufts, which was established after Fenix acquired ...
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News briefs
Décimas, a Spanish sporting goods retailer that is celebrating its...
Décimas, a Spanish sporting goods retailer that is celebrating its 30th anniversary, has entered the Polish market with a 900-square-meter store located in the Magnolia Park shopping center of Wroclaw, where Intersport and Decathlon have their stores. The chain has been expanding outside the Spanish market since 2007, opening four ...
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News briefs
Mike Ashley, the majority shareholder of Sports Direct International (SDI),...
Mike Ashley, the majority shareholder of Sports Direct International (SDI), the leading British and increasingly European sports retailer, is reportedly preparing the launch of a new chain of discount stores. The Mail on Sunday reported that a Mega Value store opened in Kidderminster, Worcestershire, on the location of a department ...
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News briefs
Go Sport is introducing new media and entertainment services on...
Go Sport is introducing new media and entertainment services on its website and in some of its physical stores. The French sports retailer will sell tickets to sports events, subscriptions to Canal + and copies of L'Equipe. Canal + is a TV channel that runs some sports events exclusively. L'Equipe ...
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News briefs
Rip Curl has opened in Biarritz a women-specific store. In...
Rip Curl has opened in Biarritz a women-specific store. In contrast with another report, this is the brand's second shop in France dedicated to women. The other one is in the center of Hossegor. The new Rip Curl Girl store in Biarritz is located in rue Mazagran, a well-known shopping ...
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News briefs
As expected, Nike has opened its first European women's store...
As expected, Nike has opened its first European women's store in London, following similar initiatives in the U.S. and China. Located at 33, King's Road, it measures 2,200 square feet. Special services include trouser hemming, gait analysis and bra fitting. The store will host free weekly Nike+ Training Club classes ...
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News briefs
Adidas Outdoor has signed on as title sponsor of the...
Adidas Outdoor has signed on as title sponsor of the WE-cycle program, a non-profit bike sharing initiative to reduce carbon emissions and traffic congestion in Aspen, Colorado. Adidas Outdoor will be visible on 100 bikes at 16 stations in town. In addition, We-cycle employees will wear Adidas Outdoor footwear and ...
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News briefs
The Adidas Group reiterated this week that it has no...
The Adidas Group reiterated this week that it has no intention of selling Reebok, after the owner of CrossFit told a reporter that he would like the fitness brand to come under fresh ownership. Reebok became a partner for CrossFit under a ten-year agreement started in 2010, and the huge ...
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News briefs
The Adidas Group's chief executive, Herbert Hainer, said at the...
The Adidas Group's chief executive, Herbert Hainer, said at the company's shareholders meeting on May 7 that it has appointed Perella Weinberg Partners as an adviser. The move comes after reports of interest by activist hedge funds. Southeastern Asset Management (SAM), which owns just over 3 percent of Adidas, has ...
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News briefs
Herman van Beveren, chief executive of Decathlon in Belgium, told...
Herman van Beveren, chief executive of Decathlon in Belgium, told the Belgian newspaper Le Soir that the French retailer could expand by another 40 stores in the small country. Decathlon has already reformed the Belgian sports retail landscape in the last years by expanding to 23 stores. The latest store, ...
