News Briefs – Page 519
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News briefs
Migros is reportedly considering opening its own bike stores next...
Migros is reportedly considering opening its own bike stores next year. The suggested name, SportXX Bike World, would seem to indicate that the new specialist stores will be somehow connected with Migros' mixed sports stores, SportXX, which already feature bike sections. The Swiss retailer has not yet confirmed the details ...
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News briefs
Decathlon opened its first store in the recently created W1...
Decathlon opened its first store in the recently created W1 shopping mall in Hamburg. On 3.000 sqm, the store presents about 35,000 sports items for more than 70 different sports with a focus on running, water sports and mountaineering. Decathlon now has more than 1,000 stores worldwide and 30 stores ...
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News briefs
Canada Goose is launching e-commerce in Europe, starting with the...
Canada Goose is launching e-commerce in Europe, starting with the U.K. and France. The Toronto-based company first opened its online store for the Canadian market last year. Last month it appointed Scott Cameron, formerly with McKinsey, as executive vice-president in charge of e-commerce, stores and strategy. The brand also has ...
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News briefs
Lenzing has reported a net profit of €94.6 million for...
Lenzing has reported a net profit of €94.6 million for the first half of 2016, which represents an increase of 83.9 percent over the same period of last year. The Austria-based maker of botanic cellulose fiber attributed this strong performance to the implementation of a new strategy focusing on environmentally-friendly ...
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News briefs
Asics Corp. has opened the first directly managed Asics Tiger...
Asics Corp. has opened the first directly managed Asics Tiger store in the Shinsalbashi district of Osaka. The store sports a new logo for this brand, which the Japanese sports shoe company launched at the beginning of 2015 for a new collection of retro-athletic, sports-inspired lifestyle shoes that are not ...
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News briefs
Himaraya, the big Japanese sports retailer, turned around to a...
Himaraya, the big Japanese sports retailer, turned around to a net loss of 811 million yen (€7.08m-$7.80m) for the financial year ended in March from a profit of ¥1,323 million in the previous year. The Kumamoto earthquakes and 19 percent drop in sales of winter sports equipment were held responsible ...
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News briefs
August was a positive month for sporting goods sales in...
August was a positive month for sporting goods sales in Sweden. According to HUI, the Swedish market research institute, sporting goods retailers' sales were up by 7.9 percent at current prices, when compared to last year, making August the fourth best month after a record start in January-March. In terms ...
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News briefs
The major outdoor brands saw their sales of footwear grow...
The major outdoor brands saw their sales of footwear grow by only 1.2 percent in terms of U.S.dollars in 2015, coming just under €5 billion for the year. They would have risen by more than 10 percent, especially outside the U.S., if currency exchange rates had remained constant. Our annual ...
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News briefs
China will overtake the U.S. to become the world's biggest...
China will overtake the U.S. to become the world's biggest retail market in 2016, with estimated total sales of $4.886 trillion, compared with $4.823 trillion for the U.S., according to Emarketer. The New York-based research firm added that China will remain the world's largest retail e-commerce market, with sales forecast ...
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News briefs
A recent survey has shown that Swedish e-retailers have been...
A recent survey has shown that Swedish e-retailers have been suffering increased competition from foreign e-retailers. In the past, the competition was coming largely from the U.S., the U.K. and Germany, but the biggest increase has come from China. The survey found that one out of four Swedes made an ...
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News briefs
Like in 2014, the fashion-oriented segment of the branded casual...
Like in 2014, the fashion-oriented segment of the branded casual footwear market performed better than the comfort-oriented segment in 2015, according to an annual survey that we published in Shoe Intelligence last week. With an overall estimated 8.2 percent increase in terms of U.S. dollars to $11.5 billion, the fashion ...
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News briefs
British women increasingly like “trainers,” as sneakers and sports shoes...
British women increasingly like “trainers,” as sneakers and sports shoes are called in the U.K.. According to recent research conducted by Mintel, the number of female shoppers who purchased trainers during the past year surpassed for the first time the number of shoppers who purchased shoes with a heel. Trainers ...
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News briefs
The Norwegian Consumer Ombudsman has ordered Anton Sport, the Norwegian...
The Norwegian Consumer Ombudsman has ordered Anton Sport, the Norwegian high-end sporting goods retailer, to pay a fine of 800,000 Norwegian krone (€88,482.8-$97,763.4) for breach of marketing laws. According to a local newspaper, Dagens Næringsliv (DN), the reason for the penalty was that the chain announced a 20 percent discount ...
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News briefs
Billabong International says the Federal Court of Australia has approved...
Billabong International says the Federal Court of Australia has approved the settlement of a previously announced shareholder's class action suit relating to market disclosures made in 2011. The settlement was already reported on July 11. Billabong is not disclosing the terms of the settlement but says they will have no ...
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News briefs
A delegation of Fesi, the Federation of the Sporting Goods...
A delegation of Fesi, the Federation of the Sporting Goods Industry, met in Brussels on Sept. 14 with Antonio Campinos, the executive director of the European Union's Intellectual Property Office (EUIPO), as well as Paul Maier, the director in charge of intellectual property rights at the EU Observatory on Infringements, ...
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News briefs
Snowsports Industries of America (SIA) has announced the addition of...
Snowsports Industries of America (SIA) has announced the addition of four new members to its leadership team. Maria McNulty will take over the role of chief operating officer, overseeing strategy development and the search for new opportunities for the industry. Kyle Kennedy, the new director of member services, will be ...
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News briefs
Adidas has filed a lawsuit against Bally's U.S. subsidiary in...
Adidas has filed a lawsuit against Bally's U.S. subsidiary in connection with several footwear designs. In its complaint, which was filed in U.S. District Court for the District of Oregon (Portland Division) in late August, the sports giant alleges that Bally is offering for sale and selling footwear featuring two ...
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News briefs
Oakley has launched its first snow helmet. It is fitted...
Oakley has launched its first snow helmet. It is fitted with a patented modular brim system, which allows an optimal fit for the goggle and the helmet itself.
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News briefs
New Balance has expanded a partnership with J. Crew that...
New Balance has expanded a partnership with J. Crew that started 11 years ago with a joint line of sneakers. The two brands are now partnering on a co-branded line of women's activewear that is being offered from this week at selected J. Crew and New Balance stores in the ...
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News briefs
IDEAS, the international sports designers' association, has launched its color...
IDEAS, the international sports designers' association, has launched its color forecast for spring/summer 2018, using the name “Equality” as the keyword for the season. The 52-page book presents a selection of 40 colors divided into six themes, each of which is directed by a member of IDEAS. The book can ...
