Retail insights from the sporting goods industry – Page 119
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News briefs
JD Sprinter intends to absorb Sport Zone España, based on...
JD Sprinter intends to absorb Sport Zone España, based on a filing in the commercial register reported by Moda.es. The entity that manages the Sprinter and JD stores in Spain has started integrating Sport Zone's operations in the country, after the owners of Sport Zone and JD Sprinter formed the ...
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News briefs
While working on a new Absolute Run store format for...
While working on a new Absolute Run store format for specialty retailers, Sport 2000 International is offering the Absolute brand to sports retailers in all the countries in which it has retail members. The Absolute concept has been developed by a strategic working group comprising five national organizations, called Sport ...
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News briefs
Media reports have been suggesting that Adidas is about to...
Media reports have been suggesting that Adidas is about to ink a 10-year clothing deal worth £6.5 million (€7.3m-$8.6m) per year with Naomi Osaka, the tennis player who recently won the US Open in New York. The news was initially reported by The Times of London on Sept. 10, and ...
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News briefs
The general assembly of the retail members of Sport 2000...
The general assembly of the retail members of Sport 2000 France held on Sept. 27 reportedly validated the new potential offer issued by the cooperative to take over a share of 52 percent in the buying group . This stake is currently held by Activa Capital, a French-based investment firm. ...
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News briefs
Snipes, the German-based sneaker retailer, has picked e-sports as a...
Snipes, the German-based sneaker retailer, has picked e-sports as a marketing vehicle, leading to multiple investments over the summer. In July it became the official fashion retail supplier for the ESL, the global e-sports organization. They will jointly create a co-branded apparel range and Snipes will supply clothing for some ...
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News briefs
The Eklöf family is strengthening its grip on Stadium, one...
The Eklöf family is strengthening its grip on Stadium, one of the leading Swedish sports retailers, by buying back the 26.8 percent stake that has been held since April 2005 by Ikano. This is a group of companies owned by the family of the late founder of Ikea, Ingvar Kamprad. ...
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News briefs
Sport Master, the Danish sports retail group, is searching for...
Sport Master, the Danish sports retail group, is searching for a new managing director. Jens Høgsted, who held the job for about five years, has left the company. Formerly a buying group, Sport Master was acquired in 2012 by Nordic Capital, and it has about 100 stores around the country. ...
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News briefs
Go Sport has started to offer a new customer service...
Go Sport has started to offer a new customer service on the internet. It has become possible for customers to book appointments with a personal shopper to advise them about their purchases or to get their bicycles repaired or to string their racquets. The French sporting goods retail chain is ...
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News briefs
Forum Sport is considering the launch of a more “experiential”...
Forum Sport is considering the launch of a more “experiential” store format, with a strong focus on omni-channel retailing, according to Diffusion Sport. The new format will be tested on a store of 3,000 square meters in Vitoria, which is being remodeled. It will start to operate again at the ...
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Short stops
Decathlon has a new downtown store in the center of...
Decathlon has a new downtown store in the center of Strasbourg, covering 2,500 square meters in the French city's Les Halles shopping center
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Short stops
Munich, the Spanish brand of sneakers and football boots, has...
Munich, the Spanish brand of sneakers and football boots, has opened two more original stores in the Barcelona area
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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News briefs
Barcelona has reportedly been picked as the first European destination...
Barcelona has reportedly been picked as the first European destination for the Nike Live retail concept. Already inaugurated in Los Angeles, Nike Live is a concept that combines digital features with a unique physical environment. Europa Press reports that the Barcelona store will be located in a dedicated sports store ...
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Short stops
New Balance has opened a store at Maremagnum, a shopping...
New Balance has opened a store at Maremagnum, a shopping center located in Barcelona's harbor
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News briefs
In the long term, the ANWR Group sees a total...
In the long term, the ANWR Group sees a total of up to 600 shoe retailers in Germany installing its “sneaker wall,” which features a standard selection of sneakers supplied by Nike, Adidas, Puma and Reebok. Their automatic replenishment is operated via SAP. More than 100 shoe retailers have adopted ...
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News briefs
The third edition of the Bread & Butter by Zalando...
The third edition of the Bread & Butter by Zalando fashion festival in Berlin registered 35,000 visitors, 16 percent more than in the previous year. It ran from Aug. 31 to Sept. 2, and the marketing event organized by the online retailer was apparently sold out every day. The festival ...
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News briefs
Fanatics, the American team sports retailer that is expanding internationally,...
Fanatics, the American team sports retailer that is expanding internationally, has signed a partnership with Chelsea FC to become the official global online retailer of the English Premier League club. Chelsea had been using a network of regional online stores operated by local distributors.
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Article
Alibaba grows fast, earning less, and expands in Russia
Alibaba Group Holding continued to grow fast in the first fiscal quarter ended June 30, but its gross margin fell to 11.0 percent from 29.2 percent in the year-ago period, the lowest level since the leading Chinese e-commerce operator went public in 2014.Due also to extraordinary charges and high investments ...
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Short stops
After operating a temporary store at Dover Street Market since...
After operating a temporary store at Dover Street Market since January, Stüssy has opened a full-fledged, permanent store in the Soho district of the British capital, adding to its other European locations in Madrid, Milan and Amsterdam
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News briefs
Adidas placed a series of equity-neutral convertible bonds worth a...
Adidas placed a series of equity-neutral convertible bonds worth a total of €500 million on Sept. 5. The transaction was 2.7 times oversubscribed. The convertible bonds mature in five years with a coupon of 0.05 percent. The issue price was set at 104 percent of the nominal value of €200,000 ...
