News briefs - Retail – Page 64
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News briefs
Zalando completes construction of two buildings
In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...
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News briefs
Sport 24, the third-largest sporting goods retailer in Denmark, which...
Sport 24, the third-largest sporting goods retailer in Denmark, which has been growing fast, has moved to a new 3,200-square-meter headquarters in Jutland. Henrik Bruun, the founder, has used his own money to build an attractive, modern building to handle all functions for the chain's six divisions. There is also ...
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News briefs
In the summer of 2019, Zalando completed the construction of...
In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...
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News briefs
Adidas has announced the start of the third tranche of...
Adidas has announced the start of the third tranche of its multi-year share buyback program, which calls for the purchase of up to €3.0 billion worth of its own shares between March 2018 and May 2021. It is planning to purchase own shares worth up to €1.0 billion in 2020. ...
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News briefs
Operating entirely within Spain, Sprinter has become the top banner...
Operating entirely within Spain, Sprinter has become the top banner of the Iberian Sports Retail Group, a joint venture between JD Sprinter and Sport Zone that is now entering its third year of operation. Store totals per banner have changed significantly over this time. At present, however, the group counts ...
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News briefs
Tradeinn was expecting to close out 2019 with about €150...
Tradeinn was expecting to close out 2019 with about €150 million in sales. The Spanish online retailer of sporting goods has instead achieved €188 million, for a leap of 40 percent from the previous year. According to the founder, David Martín, the group was already looking past its stated target ...
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News briefs
Adidas has reached a negotiated settlement with Rick Pitino, the...
Adidas has reached a negotiated settlement with Rick Pitino, the former coach of Louisville University’s basketball team who was fired in 2017 over a bribery scandal, ESPN has reported. Pitino claimed to have no knowledge of a deal under which James Gatto, a former sports marketing executive of Adidas, and ...
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News briefs
Adidas has launched new laceless footwear for tennis players. The...
Adidas has launched new laceless footwear for tennis players. The new Stycon shoe, whose silhouette does not look like the typical tennis sneaker, is said to offer optimized comfort for wearers thanks to improved fit and control. The shoe has no shoelaces and a knit collar, designed to naturally expand ...
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News briefs
Adidas has launched a range in collaboration with Pokémon Company...
Adidas has launched a range in collaboration with Pokémon Company for the new year, according to Hypebeast. The range comprises tracksuits, T-shirts, shorts and footwear for youth and adults, marked with graphics inspired by the visuals of the early Pokémon video games. Patterns of pixels are used to create colors, ...
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News briefs
The Adidas Group announced the completion of the second tranche...
The Adidas Group announced the completion of the second tranche of a €3.0 billion share buyback program initiated in March 2018 and running through May 2021. It has purchased sofar €1.8 billion worth of its own stock and plans to buy up to €1.0 billion in 2020. In the second ...
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News briefs
Without confirming a report that the Adidas Group is phasing...
Without confirming a report that the Adidas Group is phasing out 500 jobs in Europe, a spokesman said that it is adapting its organizational structures and processes to become more efficient, looking also for new talent for its digital business. All in all, he indicated, the European staff will remain ...
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News briefs
Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel...
Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel and accessories. The acquirer is Play Hard, a recent subsidiary of Crealize, described as a German “company creator” that “develops new business models and companies.” Zalando purchased Kickz as recently as 2017, intending to expand its position in streetwear, gaining ...
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News briefs
Adidas has reportedly promoted Jon Wexler, the current vice-president of...
Adidas has reportedly promoted Jon Wexler, the current vice-president of global entertainment and influencer marketing, to general manager of the Yeezy business unit. For the last 13 years, Wexler has helped Adidas set up some of the brand's biggest collaborations with major music stars, including Kanye West and Pharrell Willliams.
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News briefs
JD Sports is working on the opening a flagship store...
JD Sports is working on the opening a flagship store in Paris. Located on the central rue de Rivoli, occupying nearly 2,000 square meters on the premises of a former H&M store. The current work on the site is said to be schedule for completion by next May. France is ...
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News briefs
On Running is said to be planning to open its...
On Running is said to be planning to open its first store worldwide in New York sometime next year. Servicing more than 6,000 points of sale in over 50 countries, the fast-growing, nine-year-old Swiss brand of running shoes already has subsidiaries in the U.S., Japan, Australia and Brazil.
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News briefs
Canada Goose has also opened its first store in Paris,...
Canada Goose has also opened its first store in Paris, located at a prestigious location on rue Saint-Honoré, on the corner of rue Royale. Featuring art that depicts the cold landscapes of Canada, it is the first one that has a separate room for its children's collection. Like other Canada ...
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News briefs
In a counterpoint to XXL Sport, the Norwegian sports retailer...
In a counterpoint to XXL Sport, the Norwegian sports retailer that is operating in Denmark only through a web store, Magasin du Nord, the Danish department store, is reaching out to Swedish customers with a new online store that opened earlier this month. Magasin once had a Swedish branch ...
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News briefs
Vans has opened a store at 214 Oxford Street in...
Vans has opened a store at 214 Oxford Street in London, its largest European store. The 4,714-square-foot flagship store, in a space previously occupied by Miss Selfridges, offers a wide selection of footwear, clothing and accessories for men, women and kids, as well as Vans' surf and pro-skate ranges. The ...
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News briefs
Snowleader, the French online retailer for ski and outdoor products,...
Snowleader, the French online retailer for ski and outdoor products, is expanding into the Italian market, with a dedicated web store in the Italian language offering more than 18,000 products, including local brands like Montura. It's the eighth market for the Annecy-based company, after France, the U.K., Belgium, Switzerland, Germany, ...
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News briefs
The North Face will open the first mono-brand store in...
The North Face will open the first mono-brand store in Russia in cooperation with a local retail partner, Inventive Retail Group, occupying 160 square meters in the Galereya Mall in St. Petersburg next March, the company told the local press. The group plans to open a total of 10 TNF ...
