News briefs - Retail – Page 79
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News briefs
While working on a new Absolute Run store format for...
While working on a new Absolute Run store format for specialty retailers, Sport 2000 International is offering the Absolute brand to sports retailers in all the countries in which it has retail members. The Absolute concept has been developed by a strategic working group comprising five national organizations, called Sport ...
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News briefs
The general assembly of the retail members of Sport 2000...
The general assembly of the retail members of Sport 2000 France held on Sept. 27 reportedly validated the new potential offer issued by the cooperative to take over a share of 52 percent in the buying group . This stake is currently held by Activa Capital, a French-based investment firm. ...
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News briefs
JD Sprinter intends to absorb Sport Zone España, based on...
JD Sprinter intends to absorb Sport Zone España, based on a filing in the commercial register reported by Moda.es. The entity that manages the Sprinter and JD stores in Spain has started integrating Sport Zone's operations in the country, after the owners of Sport Zone and JD Sprinter formed the ...
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News briefs
JD Sports Fashion is raising the surface of its store...
JD Sports Fashion is raising the surface of its store in the Bluewater shopping mall near London from 9,544 to 18,966 square feet. Digitalization is the big buzzword in retailing right now, but as Fashionmagazine.com has noted, Peter Cowgill, executive chairman of the U.K.-based retail group, made an interesting statement ...
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News briefs
XXL has introduced the Klarna in-store payment system, a service...
XXL has introduced the Klarna in-store payment system, a service that gives customers the opportunity to split their payment into instalments, postpone it or pay all at once, all by telephone. The new payment system will be rolled out in all of XXL's 77 stores in the Nordic countries during ...
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News briefs
The North American basketball league (NBA) and EPI have announced...
The North American basketball league (NBA) and EPI have announced plans to open the first European NBA store. The store will be located in Milan at Galleria Passarella, a few steps from Piazza San Babila, in the city center. The opening is scheduled to take place during the 2018/19 season, ...
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News briefs
Lululemon will be opening a new store at the Royal...
Lululemon will be opening a new store at the Royal Exchange shopping mall in Manchester this autumn. The Canadian brand and retailer, specializing in technical clothes for yoga and running, already has a small showroom on the nearby Saint Anns Place, where it hosts sports events for runners. Also in ...
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News briefs
Uniqlo will be opening its first Italian store in Milan...
Uniqlo will be opening its first Italian store in Milan in April 2019. The store will be located in Piazza Cordusio, just a few steps from Milan's Duomo, and will reportedly have a sales area of around 2,500 square meters on three floors. The Japanese brand, better known for its ...
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News briefs
Moncler has announced the Chinese debut of its Moncler Genius...
Moncler has announced the Chinese debut of its Moncler Genius collections on Tmall Luxury Pavilion, Alibaba Group's dedicated luxury shopping platform, starting Sept. 27 and until Oct. 14. The launch of the pop-up e-store marks the first collaboration between the Italian apparel manufacturer and the Chinese e-commerce giant. The Moncler ...
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News briefs
Burton Snowboards has opened its first store in Munich, calling...
Burton Snowboards has opened its first store in Munich, calling it a “hub” because it also serves as an office and showroom, hosting the German country manager, Benjamin Schwarz, and his team. It is located near many other sports stores at Frauenstrasse, 10.
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News briefs
Decathlon is under pressure from activists to eliminate the sale...
Decathlon is under pressure from activists to eliminate the sale of hunting products in its French stores. More than 38,000 people signed a petition to this effect after the French government backed the requests of the French Hunters' Federation (FNC), which boasts 1.2 million members. Its support was said to ...
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News briefs
Zalando has once again reduced its guidance for the current...
Zalando has once again reduced its guidance for the current financial year, indicating that a very hot and long summer affected its sales, resulting in heavy discounting, and delayed the switch to autumn/winter season. The big e-tailer is now expecting its revenues to grow at the low end of its ...
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News briefs
Media reports have been suggesting that Adidas is about to...
Media reports have been suggesting that Adidas is about to ink a 10-year clothing deal worth £6.5 million (€7.3m-$8.6m) per year with Naomi Osaka, the tennis player who recently won the US Open in New York. The news was initially reported by The Times of London on Sept. 10, and ...
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News briefs
Sports retailers are being given preferential rates for attending the...
Sports retailers are being given preferential rates for attending the Ispo Munich show next Feb. 3-6, supplementing various services that are already available to this important target group. Exhibitors are already being given free tickets for their key retail customers. The others will have to pay only €19 for a ...
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News briefs
Adidas tops the Textiles, Apparel and Luxury Goods sector in...
Adidas tops the Textiles, Apparel and Luxury Goods sector in the latest Dow Jones Sustainability Index (DJSI), an annual evaluation of companies' sustainability practices. The German sportswear brand has been included in the DJSI for the 19th consecutive year. The annual DJSI review assesses the sustainability performance of the largest ...
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News briefs
Adidas placed a series of equity-neutral convertible bonds worth a...
Adidas placed a series of equity-neutral convertible bonds worth a total of €500 million on Sept. 5. The transaction was 2.7 times oversubscribed. The convertible bonds mature in five years with a coupon of 0.05 percent. The issue price was set at 104 percent of the nominal value of €200,000 ...
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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News briefs
The change in European leadership reported at the Adidas Group...
The change in European leadership reported at the Adidas Group last month has revealed several other changes, particularly the appointment of Markus Baumann as senior vice president in charge of global product operations for Adidas. Baumann has already been with the Adidas group for eleven years, the last three of ...
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News briefs
Barcelona has reportedly been picked as the first European destination...
Barcelona has reportedly been picked as the first European destination for the Nike Live retail concept. Already inaugurated in Los Angeles, Nike Live is a concept that combines digital features with a unique physical environment. Europa Press reports that the Barcelona store will be located in a dedicated sports store ...
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News briefs
Go Sport has started to offer a new customer service...
Go Sport has started to offer a new customer service on the internet. It has become possible for customers to book appointments with a personal shopper to advise them about their purchases or to get their bicycles repaired or to string their racquets. The French sporting goods retail chain is ...
