News Briefs – Page 368
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News briefs
StockX, the e-commerce platform focusing on the sneaker resale market,...
StockX, the e-commerce platform focusing on the sneaker resale market, is launching an Italian version of its app and website. StockX was founded in Detroit in 2016, and made its European debut in October 2018.
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News briefs
The Norwegian sports retail market is changing rapidly, as illustrated...
The Norwegian sports retail market is changing rapidly, as illustrated by Gresvig's momentum decision to drop the G-Sport and G-Max banners, concentrating on Intersport (see the story in this issue). Mobo Sportsholding, the owner of the high-end Anton Sport chain, is buying Milsluker'n, an Oslo-based retailer specializing in skiing, cycling and ...
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News briefs
Yesterday, Puma opened its first flagship store in North America,...
Yesterday, Puma opened its first flagship store in North America, located at 609 Fifth Avenue in New York City and covering 18,000 square feet of retail space on two floors. It features a product customization studio, digitally connected offerings and innovative sports engagement zones, including F1 car racing simulators and ...
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News briefs
JD Sports will be opening next year its first store...
JD Sports will be opening next year its first store in downtown Paris, following several openings in France, including in the Parisian suburbs. According to reports by sport-guide.com, the new store will be in the 2,200-square-meter space formerly occupied by H&M at 118-120 rue de Rivoli, right across from Foot ...
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News briefs
Daka has opened a megastore in a shopping center located...
Daka has opened a megastore in a shopping center located near a highway in the Leidsche Rijn district of Utrecht, called The Wall. It's the 15th store operated by the retailer in the Netherlands. Daka will be in direct competition with Decathlon, which has had a store in the mall ...
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News briefs
Sales in the U.K. cycling market have dropped by 4.8...
Sales in the U.K. cycling market have dropped by 4.8 percent in volume in the first half of 2019 as compared to the first half of 2018. Meanwhile, value sales are only down by 0.5 percent. The figures are included in the first U.K. cycling market data service by Sports ...
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News briefs
Mammut has opened its first concept store in cooperation with...
Mammut has opened its first concept store in cooperation with a franchisee in the Swiss town of Andermatt. It is described as a “Point of Experience” rather than a point of sale. Together with bike and ski rental services offered by the franchisee, Imholz Sport, it hosts the first example ...
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News briefs
Salomon plans to open its first full-fledged mono-brand store in...
Salomon plans to open its first full-fledged mono-brand store in Germany, measuring 200 square meters, on Nov. 8. It will be located in the very central Sendlinger Strasse of Munich, very close to the local store of The North Face. Salomon will offer apparel and shoes for men and women ...
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News briefs
The North Face has opened another store in New York...
The North Face has opened another store in New York City. Located at 584 Broadway in the SoHo neighborhood, the 8,000-square-foot location is the first to showcase a so-called “basecamp for exploration,” with the sales staff referred to as “guides.” It focuses on premium products and uses reclaimed wood certified ...
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News briefs
Norrøna will open a flagship store in the SoHo district...
Norrøna will open a flagship store in the SoHo district of New York City this autumn. It will be its second store in the U.S., following the inauguration of its concept store in Boulder, Colorado, in May. The new store will feature the Norwegian brand's full assortment of technical outerwear, ...
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News briefs
Adidas has filed an opposition to J.Crew's trademark application for...
Adidas has filed an opposition to J.Crew's trademark application for a design of five parallel stripes, to be used on apparel and on such accessories as business card cases and various kinds of bags. The Trial and Appeals Board of the U.S. Patent and Trademark Office has suspended the application ...
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News briefs
Fitbit, the San Francisco-based purveyor of fitness trackers, says it...
Fitbit, the San Francisco-based purveyor of fitness trackers, says it has struck a deal with the Health Promotion Board (HPB) of Singapore to use its products to realize the national health agency's aspirations for public health. The project, Live Healthy SG, fits within the government's Smart Nation initiative. Although Singapore's ...
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News briefs
While confirming its intention to impose an additional punitive 10...
While confirming its intention to impose an additional punitive 10 percent import duty on many still unspecified footwear categories and other products originating in China, the administration of President Donald Trump announced on Aug. 13 a postponed implementation for some of the products from Sept. 1 to Dec. 15. There ...
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News briefs
Fischer Sports' sales increased by 11 percent to €182.5 million...
Fischer Sports' sales increased by 11 percent to €182.5 million in the financial year ended in February, including a 16 percent jump in the Nordic ski segment where the Austrian company remains the global leader. The turnover figure doesn't include Löffler, the apparel brand owned by the same group. It ...
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News briefs
Yonex' revenues were up by 1.6 percent in constant currencies...
Yonex' revenues were up by 1.6 percent in constant currencies to 14,691 million yen (€124.9m-$138.8m) in the first quarter of its financial year, ended on June 30. In Japan, which accounts for 65 percent of the company's total revenues, sales were up by 2.9 percent, driven by tennis racquets and ...
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News briefs
Globerider, the owner of the Daiwa brand of fishing tackle...
Globerider, the owner of the Daiwa brand of fishing tackle and the Japanese distributor for Prince tennis products, posted comprehensive net profits of 558 million yen (€4.76m-$5.28m) for its first quarter, ended on June 30, compared with a loss for last year's comparable period. Quarterly revenues rose by 2 percent ...
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News briefs
Very good sales of Kari Traa and Dæhlie products have...
Very good sales of Kari Traa and Dæhlie products have been helping Active Brands of Norway to boost sales significantly and earnings in the past few years. Sales continued to grow in the last two years, but profits have declined. In 2018, Active Brands had revenues of 967 million Norwegian ...
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News briefs
Sports Marketing Surveys, the U.K.-based market-research firm, and The Bicycle...
Sports Marketing Surveys, the U.K.-based market-research firm, and The Bicycle Association (BA) of Great Britain, the national trade group, have begun releasing data from their current study of the cycling market in the U.K. Sales for the first half of 2019 were down by 4.8 percent in volume but by ...
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News briefs
Vista Outdoor, which has decided to divest its Savage firearms...
Vista Outdoor, which has decided to divest its Savage firearms business, reported an organic sales decline of 7 percent in its first quarter ended on June 30. Sales of outdoor products fell by 19 percent to $222.0 million, and they were also down by 7 percent excluding the divested eyewear ...
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News briefs
Nike has signed a two-year licensing deal to use some...
Nike has signed a two-year licensing deal to use some of New York City's logos on its merchandise. The logos in question include the New York Police Department's badge, the Fire Department's insignia, the taxi “T”, the Staten Island Ferry's logo, the leaf of the Parks Department and the bomb ...
