News Briefs – Page 318
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News briefs
Tradeinn on track for another stellar year
Pandemic or not, Tradeinn continues to grow. For the first five months of 2020, the Spanish sports e-tailer exceeded €100 million in sales – more than half of last year’s total of €188 million. Its objective for the whole of 2020 – according to the founder and chief executive, David ...
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News briefs
No Pitti Uomo fair in September
In what its president, Claudio Marenzi, calls a “painful but inevitable” decision, Pitti Immagine is postponing all its physical trade shows in Florence from September of this year to January 2021. This goes also for Pitti Uomo, the big international menswear show, which is also used by some sports brands ...
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News briefs
New Swiss country manager for Fischer
Fischer Sports has appointed Silvan Häfliger as its new country manager for Switzerland, starting on July 15. He will take the place of Walter Dietiker, who is leaving the company for reasons of health. Häfliger previously spent 15 years in the winter sporting goods sector, working for Stöckli Swiss Sports ...
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News briefs
Schöffel diversifies into bikewear
Schöffel, which has been focusing on outdoor and ski clothing, is making its entry into the bicycle clothing sector with a dedicated collection for spring/summer 2021. Comprising 46 items for men and women, and divided into three segments – Gravel, Trail and Travel – it was developed by the German ...
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News briefs
Wolverine performs better than expected
Wolverine Worldwide told analysts at the Baird 2020 Global Consumer, Technology, and Services Conference on June 4 that its sales were better than expected in the first nine weeks of its second quarter, falling by less than 50 percent overall. The impact of the coronavirus-related retail lockdown was partly offset ...
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News briefsNew December dates for Performance Days
Thanks to new Covid-19 regulations in the German state of Bavaria, which allow trade shows to be held again from Sept. 1 if the pandemic continues to develop favorably, the organizers of the Performance Days have announced that the next event (Kickoff Winter 2022/23 and Update Summer 2022) will be ...
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News briefs
Intersport Germany denies corona-related problems
Intersport Germany denies rumors in the German press that it might be facing financial difficulties because of the coronavirus crisis. According to SAZ, some retailers affiliated with the cooperative created new companies outside of Intersport in order to continue receiving supplies from the producers without its financial backing. Declining to ...
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News briefs
Germany’s VAT cut may hit retailers across the border
Germany decided on June 3 to reduce the VAT rate on non-food products to 16 percent from 19 percent, starting from July 1 and through the balance of this year, to give a boost to consumption and the economy. It has also cut the VAT rate for restaurants from 19 ...
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News briefs
Coalision is insolvent
Coalision, the Canadian company that owns the Lolë and Paradox brands, has filed for insolvency, indicating its intention to offer a settlement to its creditors. One year ago, Coalision parted ways with its previous president, Bernard Mariette, and laid off some of its employees. Mariette, a former president of Quiksilver, ...
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News briefs
H&M develops sustainable swimwear and surfwear
After its incursion into the segment of affordable activewear, H&M has developed a new sustainable swimwear and surfwear collection for the first time, In cooperation with the international ”Women + Waves” community of surfers, which organizes professional and affordable surf lessons, weekends and overseas trips for women. The line includes ...
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News briefs
Private foundation to make an offer to acquire Karstadt Sports
According to SAZ, the German trade publication, a private foundation called the Loitz Family has made an offer to acquire Karstadt Sports. Based in Essen, the Loitz Family aims to take charge of Karstadt Sports’ existing 32 stores in Germany, its headquarters in Essen and its 1,500 employees. It is ...
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News briefs
Kästle to sign equipment agreement with DSV
Kästle, the Austrian ski manufacturer, has signed an equipment agreement with the German ski federation, DSV, for its cross-country skiing, biathlon, Nordic combined and ski-jumping teams for the next four seasons. The first young talents of DSV’s cross-country ski and biathlon teams have already signed contracts with Kästle. In March ...
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News briefs
Hervis Sport reopens flagship store in Salzburg
Hervis Sport, one of Austria’s major sporting goods chains, recently reopened its store in the Europapark shopping center in Salzburg, offering many new services and features. The 1,900-square-meter flagship contains a shop-in-shop for Hervis’ private outdoor brand, Kilimanjaro, as well as a bike repair station with a free ”bike check.” ...
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News briefs
Wearables surge despite supply problems
The Covid-19 pandemic has boosted demand for wearable devices to the point of restraining the supply of their components, some of which are common to smartphones and computers, but the biggest sports-specific brand, Fitbit, did not take advantage of this trend. Drawing from the Worldwide Quarterly Wearable Device Tracker set ...
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News briefs
Intersport Germany publishes another report on buying behavior in times of the coronavirus
Intersport Germany recently published an interesting report on buying behavior in the midst of the coronavirus crisis. The German sporting goods retail chain has now published a second one, again based on a survey of 300 consumers. In this report, 51 percent of respondents indicated that they had discovered or ...
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News briefs
Decathlon France supports the recovery of grassroots sports
Decathlon is supporting the “Soutiens Ton Club” (=Support your Club) initiative, a platform for donations to help sports associations in France, which have been seriously affected by the coronavirus crisis and are likely to have a hard time recovering from it. The program, which was launched on May 19, is ...
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News briefs
Kappa will sponsor a rugby tournament
Kappa will be the official apparel sponsor of the Rugby League World Cup 2021 (RLWC2021), which is scheduled to take place in England in October and November next year. As part of the deal, the Italian sportswear brand will supply kit for all match officials, volunteers and staff at the ...
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News briefs
McArturGlen to launch rent relief package for its retail partners
McArthurGlen, the international operator of designer factory outlet centers, has launched a rent relief package for its retail partners until the end of this year. The group is waiving all minimim base rent, turnover-based rent and marketing charges for tenants in all of its centers that were closed from April ...
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News briefs
Moncler 8 Richard Quinn collection is now available
Moncler’s collaborative haute couture collection with Richard Quinn, which was developed in the framework of the Moncler Genius project, is finally available worldwide. The Moncler 8 Richard Quinn collection was first unveiled at the Milan Fashion Week in February, on the occasion of the Moncler Genius launch event, but that ...
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News briefs
Lacoste appoints CEOs for North and Latin America
Lacoste has appointed Robert Aldrich as chief executive for North America and Pedro Zannoni as chief of the Latin America region. Aldrich previously served as chief executive for the Americas at Ermenegildo Zegna, the big Italian brand of high-end menswear. Zannoni has joined from Asics, where he was president of ...
