News Briefs – Page 420
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News briefs
Rossignol has opened a flagship store in Paris, near the...
Rossignol has opened a flagship store in Paris, near the Opéra theater. It features skiwear and urbanwear along with a premium selection of winter products. The new store, which was inaugurated on Oct. 22, is located at 21, boulevard des Capucines, and the French ski brand is planning to open ...
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News briefs
Blue Tomato plans to open four new stores by the...
Blue Tomato plans to open four new stores by the end of this year. The Austrian-based retailer of products for snowboarding, freeskiing, skating and surfing will also be entering the Dutch market by the end of this year with its first store in the Netherlands. It plans to open a ...
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News briefs
Aiming for a major expansion in the U.K., Decathlon has...
Aiming for a major expansion in the U.K., Decathlon has embarked on its second automation project with Omnia Retail, a Dutch-based company whose software provides dynamic pricing and helps execute online marketing. Dating back to 2016, the initial project developed with Omnia had reportedly increased conversion rates by 80 percent ...
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News briefs
J. Lindeberg has reopened its flagship store in Stockholm, where...
J. Lindeberg has reopened its flagship store in Stockholm, where the brand was founded in 1996, featuring a new design inspired by the ‘70s. The 200-square-meter store is located at Bibilioteksgatan 6. J. Lindeberg has about 90 mono-brand stores and 35 shop-in-shops around the world. It is also sold in ...
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News briefs
Tradeinn has been awarded Spain's Ecommerce Awards as the Best...
Tradeinn has been awarded Spain's Ecommerce Awards as the Best Digital Company in the country. The awards, which reached their ninth edition this year, saw the participation of more than 150 companies. The sporting goods e-tailer was honored as Spain's Best Webshop Crossborder. Tradeinn posted revenues of €120 million in ...
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News briefs
Palace Skateboards is opening a flagship store in Tokyo, at...
Palace Skateboards is opening a flagship store in Tokyo, at 5-9-20 Jingumae, Shibuya-Ku. The inauguration is scheduled for Nov. 3. It will be the third global location for the London-based brand. Palace currently operates stores in London and New York City. To promote the Tokyo opening, the brand has called ...
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News briefs
In December Sneakersnstuff is opening a 3,450-square-foot store in Los...
In December Sneakersnstuff is opening a 3,450-square-foot store in Los Angeles, in close proximity to Venice Beach. The store will be designed by Jenny Askenfors of Bofink Design Studio, Sneakersnstuff's official design partner. According to reports by Footwear News, the company's co-founder, Erik Fagerlind, has said the next cities in ...
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News briefs
Urban outdoor, rugged outdoor, training and other sports play a...
Urban outdoor, rugged outdoor, training and other sports play a big role in the revised version of Schuster, the famous sports store in downtown Munich, which reopened its doors a few days ago after two years of redecoration and its enlargement from 4,000 to 5,000 square. Run by Rainer Angstl, ...
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News briefs
Moncler opened two pop-up stores in New York and Tokyo...
Moncler opened two pop-up stores in New York and Tokyo on Oct. 4 to mark the launch of “The House of Genius,” a new concept store for its Genius collections. The two concept stores are interactive spaces, enlivened by special activities and designed to establish close contact with the metropolitan ...
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News briefs
Alpen reported a 58 percent dip in comprehensive net income...
Alpen reported a 58 percent dip in comprehensive net income to 1,620 million yen (€12.7m-$14.4m) on 3 percent higher revenues of ¥227.6 billion (€1.8bn-$2.0bn) for the financial year ended on June 30. On an adjusted basis, the Japanese retailer's net income declined by 28 percent to ¥1,979 million (€15.5m-$17.5m). The ...
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News briefs
Himaraya has reported a 66 percent increase in comprehensive net...
Himaraya has reported a 66 percent increase in comprehensive net income to 837 million yen (€6.57m-$7.47m) for the financial year ended on Aug. 31. Net earnings spiked as well, up 70 percent to ¥728 million (€5.71m-$6.50m). The Japanese sporting goods retailer's revenues were nevertheless down by 7 percent to ¥67.97 ...
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News briefs
The Thule Group reported a 12.7 percent sales increase for...
The Thule Group reported a 12.7 percent sales increase for the third quarter to 1.56 billion Swedish kronor (€150.6m-$170.4m). The growth in local currencies amounted to only 3.8 percent, with a drop of 4.4 percent in the Americas compensated for by a 7.8 percent increase in Europe and the rest ...
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News briefs
Defying the apparent slowdown of the Chinese economy, Li-Ning Company...
Defying the apparent slowdown of the Chinese economy, Li-Ning Company put out a very positive preliminary statement for the third quarter ended on Sept. 30. Sales increased by a rate in the low-teens on a comparable basis in its retail operations during the quarter. Most of the growth came from ...
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News briefs
Vans has achieved nearly half the “mindshare” value of Nike...
Vans has achieved nearly half the “mindshare” value of Nike in the U.S. for the current season, according to Piper Jaffray's latest Taking Stock With Teens survey. Besides Vans, Adidas, Lululemon and Crocs showed progress. Surprisingly, Crocs tripled its mindshare as compared to the spring of 2017, reaching the 12th ...
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News briefs
The Swiss anti-trust authority, Comco, has started an investigation into...
The Swiss anti-trust authority, Comco, has started an investigation into an apparent price-fixing scheme by Stöckli Swiss Sports. It has expressed concern about a ban on online sales of its products by its retail clients and on exchanges of products between them.
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News briefs
A U.S. federal court jury found all three defendants in...
A U.S. federal court jury found all three defendants in a college corruption scandal guilty of conspiring to pay promising basketball players and their families to have them attend colleges sponsored by Adidas. They are scheduled to be formally sentenced next March 5 in the case, which has been amply ...
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News briefs
A federal court in California has rejected the $750,000 settlement...
A federal court in California has rejected the $750,000 settlement proposed by New Balance to end a class action lawsuit filed against the company early this year, while leaving the door open for an appeal. The suit questions the veracity of the “Made in the USA” labeling in the Boston-based ...
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News briefs
A district court in Massachusetts has denied Puma's motion to...
A district court in Massachusetts has denied Puma's motion to dismiss a patent-infringement lawsuit launched by Nike to protect seven patents behind its trademarked Flyknit weave for shoe uppers. Puma had argued that two of Nike's patents were invalid because they pertained to visual patterns and not to any technical ...
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News briefs
Freedom United, an apparel company based in California, is seeking...
Freedom United, an apparel company based in California, is seeking damages and an injunction against Puma in Manhattan's federal court. Freedom United claims trademark protection dating to 2006 for the initials “FU.” Specifically, it cites the use of “F.U.” to stand for “Fenty University” in Puma's Fenty collection for Rihanna. ...
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News briefs
Billabong has prevailed in an appeal to the European Union...
Billabong has prevailed in an appeal to the European Union Intellectual Property Office (EUIPO) from Billa, an Austrian supermarket chain operating in Central and Eastern Europe. Billa had sought to register its name as a trademark for metals, jewelry, leathergoods, games and toys. Billabong successfully opposed the registry on the ...
