News Briefs – Page 342
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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 ...
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News briefs
Fusalp is opening a new shop in Paris, not far...
Fusalp is opening a new shop in Paris, not far from the Eiffel Tower. The new shop follows another Parisian store on boulevard Beaumarchais, between Bastille and République, opened in mid-October. Fusalp posted revenues of €16.6 million for the financial year ended on May 31, representing a 49 percent increase, ...
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News briefs
Black Diamond Equipment has opened its first European flagship store...
Black Diamond Equipment has opened its first European flagship store in Innsbruck, Austria. The downtown store offers all of the brand's product categories as well as events and workshops. It also serves as a platform for end consumers to test or borrow selected equipment. The positioning in Innsbruck, where Black ...
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News briefs
Apex Global Brands reported a 16 percent decline in revenues...
Apex Global Brands reported a 16 percent decline in revenues to just $4.9 million for the third quarter ended Nov. 2. Lower licensing revenues were recorded across all its brands, including Hi-Tec, Magnum, Cherokee and Interceptor, and they were affected by the non-renewal of a Cherokee license in South Africa. ...
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News briefs
A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop...
A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop in its gross margin of 4.7 percentage points to just 6.9 percent for its first fiscal half ended on Sept. 30 because of smaller orders and their relocation to Vietnamese or Cambodian factories not affected by the U.S. tariffs on ...
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News briefs
The Uvex Group has reported an increase in total sales...
The Uvex Group has reported an increase in total sales of 5 percent to €475 million in the last financial year, ended last July. The winter-sports segment, which includes ski helmets and ski goggles under the Uvex and Alpina brands, suffered a year-on-year decline for the 2018/19 financial year. Uvex ...
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News briefs
Production delays pushed deliveries of GoPro's new Hero8 cameras into...
Production delays pushed deliveries of GoPro's new Hero8 cameras into the fourth quarter, leading the company to record weak results for the third quarter, but the drop was lower than what GoPro and the financial community had predicted. Revenues tumbled by 54.1 percent to $131.2 million, while the gross margin ...
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News briefs
A Pinterest 100 report has revealed that customers will emphasize...
A Pinterest 100 report has revealed that customers will emphasize environmentally friendly products and '90s designs in 2020. The report compared search queries on its platform from August 2017 to July 2018 with queries from August 2018 to July 2019 and from the data predicts the 100 trends that should ...
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News briefs
Wolverine Worldwide has reached a tentative agreement with local authorities...
Wolverine Worldwide has reached a tentative agreement with local authorities and the state of Michigan to help settle its litigation over the damage caused by the use of chemicals in a now closed tannery and another manufacturing plant near its head office in Rockford. The company will pay $69.5 million ...
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News briefs
The former Finnish Sports Retail and Wholesale Association (UVT), which...
The former Finnish Sports Retail and Wholesale Association (UVT), which has about 30 member companies, is being terminated at the end of this year. As previously reported, its members will be integrated into the Fashion and Sports Commerce Association, which originally started as a group of retailers. It held its ...
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News briefs
In Cambodia, exports of footwear and travel goods rose by...
In Cambodia, exports of footwear and travel goods rose by 88 percent to $385 million in the first nine months, thanks to preferential duty-free entry obtained under the U.S.'s Generalized System of Preferences (GSP), according to a local newspaper, the Phom Phen Post.
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News briefs
Deichmann has lost a lawsuit against a Spanish producer of...
Deichmann has lost a lawsuit against a Spanish producer of sneakers and sports shoes, Munich, regarding the use of a cross on its footwear. In a ruling issued in June, but only made public recently, the General Court of the European Union rejected an appeal made by the German company ...
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News briefs
Fifa will be collaborating with the European Parliament in a...
Fifa will be collaborating with the European Parliament in a joint effort to address social issues through football. The two organizations have just agreed to organize an event in 2020 focusing on how football can support social development. The event will pay special attention to issues such as gender equality, ...
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News briefs
Swiss import duties on various consumer goods could be abolished...
Swiss import duties on various consumer goods could be abolished in the future. If Parliament gives its approval, the plan will come into force in 2022. The abolition of tariffs on a number of industrial products, including bicycles, clothing and health products as well as some raw materials and semi-finished ...
