News Briefs – Page 411
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News briefs
Decathlon is expanding rapidly in Africa. It opened last month...
Decathlon is expanding rapidly in Africa. It opened last month its first store in Kenya, covering 1,500 square meters in the Hub Mall of Nairobi. An outdoor playground enables customers to try out new products and to discover new sports activities. The store will be supplied from a distribution center ...
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News briefs
Decathlon will open two new stores in Munich in the...
Decathlon will open two new stores in Munich in the course of next year. The French sporting goods retail chain already has one store in the Bavarian capital. Decathlon aimed to open no less than 13 new stores in Germany before the end of the year, building on its current strong portfolio ...
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News briefs
Karstadt Sports has opened a new store in Stuttgart's Königstrasse,...
Karstadt Sports has opened a new store in Stuttgart's Königstrasse, with a surface of 3,650 square meters on three floors. It's smaller than a store that the chain had in the city until 2013, but it has more modern features, similar to those that it introduced at a redesigned store ...
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News briefs
Knud Hansen, chairman of the supervisory board at Intersport Deutschland, has closed his...
Knud Hansen, chairman of the supervisory board at Intersport Deutschland, has closed his Intersport store in Kiel. The decision was taken two or three months ago, as the frequency at the store was continuing to decline. Other stores in the center of Kiel have also closed in the course of this year. Intersport ...
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News briefs
The Bründl group, an Austrian retailing group that works with...
The Bründl group, an Austrian retailing group that works with Intersport, will be going its own way on Sept. 1, 2019. Both companies are closely linked, and they have influenced the Austrian sports goods retail industry for the past five years together. The Bründl group currently manages 26 stores and 550 ...
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News briefs
Nike has opened a flagship store on the second floor...
Nike has opened a flagship store on the second floor of the Dubai Mall. The 3,500-square-meter store in the capital of the United Arab Emirates has a small basketball court. It features a women's salon, NikePlus enhancements and customization facilities for shoes and apparel. The opening in Dubai follows last ...
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News briefs
Canada Goose suspended the planned opening of a flagship store...
Canada Goose suspended the planned opening of a flagship store in Beijing, originally planned for Dec. 15, justifying the move with delays in construction. No new date was given. Observers felt that the suspension was linked to the arrest on Dec. 1 of Meng Wanzhou, the financial director of Huawei, ...
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News briefs
Fusalp, the French sportswear brand inspired by alpine skiing, has...
Fusalp, the French sportswear brand inspired by alpine skiing, has opened its sixth Parisian store. It is located in 177 rue Saint-Honoré, in Paris' 1st district and not far from the Louvre museum. The store, designed by Dillon Garris, sells the women's, men's and children's collections of the brand, alongside ...
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News briefs
Footasylum, the British lifestyle footwear retailer, says it has increased...
Footasylum, the British lifestyle footwear retailer, says it has increased its revenue from e-mail marketing by 28 percent by harvesting its existing customer data. According to the company, a recent test showed that its cost per click had been cut by 75 percent. Looking for ways to direct customers to ...
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News briefs
UYN, the new Italian brand of functional underwear, has launched...
UYN, the new Italian brand of functional underwear, has launched its web store, addressing customers in 47 countries, with others due to follow soon. The brand, which stands for Unleash Your Nature, was launched last year by Trerè Innovation, a big Italian knitwear manufacturer that works also for Armani and ...
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News briefs
Under Armour suffered an 11 percent drop in its share...
Under Armour suffered an 11 percent drop in its share value after warning investors that its sales are likely to be flat in North America in 2019, growing overall by between 3 and 4 percent against a consensus estimate of 5 percent. On the other hand, the gross margin for ...
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News briefs
Cherokee Brands, which owns Hi-Tec, posted net income of $63,000...
Cherokee Brands, which owns Hi-Tec, posted net income of $63,000 in the third quarter, turning around from a loss of $2.5 million in the same period of last year. Licensing revenues declined by 25 percent to $5.84 million because of the transition of several brands in Cherokee's portfolio to a ...
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News briefs
Complementing our exclusive charts on the major sports retailers in...
Complementing our exclusive charts on the major sports retailers in the main European countries, the Norwegian sporting goods industry association, Norsk Sportsbransjeforening, is sharing with us some additional figures that show the estimated share of online sales in the market. They indicate that internet sales of sporting goods were worth ...
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News briefs
The Federation of the European Sports Industry (Fesi) praised the...
The Federation of the European Sports Industry (Fesi) praised the European Parliament's decision to approve the Economic Partnership Agreement with Japan. Among other benefits, the free trade agreement will remove customs duties of about one billion euros annually on European products and services exported to Japan, including almost €20 million ...
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News briefs
In a communiqué released on Dec. 8, after a summit...
In a communiqué released on Dec. 8, after a summit of Olympic movement leaders, the International Olympic Committee (IOC) calls the inclusion of e-sports as medal events “premature” and in need of “further dialogue and study.” The IOC cites the divergent values of sports and e-sports, the latter being driven ...
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News briefs
Adidas has taken Rafinha to court in Amsterdam, according to...
Adidas has taken Rafinha to court in Amsterdam, according to The Mirror, demanding that the Barcelona midfielder should pay a penalty of €100,000 for each day that he doesn't wear Adidas shoes in the field and Adidas apparel at all media appearances. The 25-year-old Brazilian football player, whose real name ...
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News briefs
Adidas is partnering with Foot Locker to launch the new...
Adidas is partnering with Foot Locker to launch the new Adidas Asterisk Collective, a platform empowering creative partners to propose initiatives that aim to positively impact communities all over the world. To celebrate the launch, the two companies tapped three musicians – Kid Cudi, Raury and H.E.R. – as well ...
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Fila will launch a premium line called Fila Fjord under...
Fila will launch a premium line called Fila Fjord under the creative direction of Astrid Andersen, the young Danish fashion designer who has previously collaborated with Fendi. The new collection, which has the slogan “The measure of perfection,” is inspired by the relationship between northern architecture and the natural environment, and ...
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News briefs
Supra, the American producer skateboarding shoes owned by K-Swiss, has...
Supra, the American producer skateboarding shoes owned by K-Swiss, has partnered with Skullcandy, the American headphone maker, to co-brand some of their standard products. Supra's Breaker and Factor shoes will share a “blue iridium” color scheme with Skullcandy's Hesh 3 wireless headphones. The shoes are a limited-edition product release, ranging ...
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News briefs
Ortovox has introduced Swisswool – its fair-trade virgin wool from...
Ortovox has introduced Swisswool – its fair-trade virgin wool from Switzerland – into its Classic Knit inserts and Classic Wool Gloves. Their manufacturing is farmed out to Heratex, a knitting company based in Styria, Austria. Ortovox has also launched its Trace ski tour backpack, manufactured by a fair-trade Vietnamese company. ...
