Retail insights from the sporting goods industry – Page 12
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ArticleItaly’s Cisalfa to take over SportScheck
Cisalfa Sport S.p.A. is the new preferred business partner of SportScheck GmbH and set to join the business operations. A corresponding agreement is still subject to approval by the German Federal Cartel Office, but the deal is expected to be finalized by June 2024. The German retail chain SportScheck will ...
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Infographics & Data2023 consumer trends: Demand for sustainability among Gen Z and Millennial fashion shoppers
See how 2023’s fashion choices are being reshaped by Gen Z and Millennials’ unique sustainability values.
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News briefsFootasylum’s annual sales and profits surge
British retailer Footasylum saw its sales and profits for the year to Jan. 27, 2024 surge, driven by store openings and the implementation of an omnichannel point-of-sale system. The retailer opened a 1,850-sqm flagship in London’s Oxford Street in September, among other openings. Revenues in the year rose by 7 ...
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News briefsDecathlon signs EU’s Sustainable Consumption Pledge
Decathlon has signed the European Commission’s Sustainable Consumption Pledge as part of the company’s commitment to reduce its impact on the planet. The retailer described the Sustainable Consumption Pledge as its “renewed commitment to changing the way we do business.” The Sustainable Consumption Pledge involves voluntary cooperation from businesses ...
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ArticleA new player emerges in the Russian sporting goods market
Stadion, a company recently registered to sell sporting goods and athletic apparel in Russia, targets to start opening its first brick-and-mortar stores in 2024. Analysts believe that the declared plans mean that the Russian market is still in the transition phase. At the end of 2023, the Russian state ...
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ArticleYouGov customer loyalty ranking 2024 Germany: Sport 2000 at the forefront
The latest German Customer Loyalty Ranking 2024 by market research company YouGov in collaboration with the Handelsblatt newspaper reveals the rising stars of the year in terms of customer loyalty across 33 categories. Sport 2000 came out on top in the overall ranking with an increase of 12.8 percentage points ...
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News briefsAccent Group to end franchise model for The Athlete’s Foot down under
Inside Retail has reported that Australia-based Accent Group, a digitally integrated retail and distribution company in the performance and lifestyle apparel and footwear market in Australia and New Zealand with more than 800 stores, 34 brands and more than 40 websites, plans to end its franchise model for The Athlete’s ...
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C-Suite InterviewSteve Evers: “We want to grow with a capital G”
Intersport International, the global sporting goods retailer, concluded the year 2023 with retail sales totaling EUR 13.7 billion.
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News briefsEl Corte Inglés shuttering its sportswear banner
El Corte Inglés will be closing down its Sportown banner, which is devoted to sportswear, on Feb. 29, according to CMDsport. The reason is the failure to meet sales targets. The first Sportown stores, covering some 350 sqm apiece, opened in 2009 in major Spanish cities. There are, at present, ...
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ArticleFrasers Group boosts board with key appointments
Frasers Group is keeping its foot on the pedal. Now, it has announced new names to its board.
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News briefsOn expands global retail reach with new store in Portland
Swiss performance sportswear brand On revealed plans for its latest store opening in Portland, Ore., marking a significant step in its ongoing global retail expansion. Scheduled for Saturday, Feb. 24, the store will debut on NW 23rd Avenue, situated just a mile from the brand’s Americas headquarters. Britt Olsen, GM ...
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C-Suite InterviewSports Direct launches Outdoor concept, starting in Cardiff
Sports Direct is expanding its offerings and launching a new Outdoor concept, starting in Cardiff, the retail giant’s flagship location.
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ArticleIIC reports another successful year
Intersport International (IIC) closed 2023 with retail sales totaling €13.7 billion. This matched the previous year’s record result despite a very challenging business environment. At the end of the calendar year, the Switzerland-based group had a network of 5,381 stores worldwide, an increase of 72 stores compared to the previous ...
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News briefs
Sports Direct integrates On products in flagship stores
After a long time, Sports Direct will finally integrate On in their flagship stores.
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News briefsJordan Brand opens its first concept store in US
Nike is gearing up to introduce its first Jordan Brand concept store in the US, with Philadelphia set to host the “World of Flight” theme. The project, revealed through documents submitted to the Philadelphia Historical Commission, involves the transformation of a 1921, 7,000 square foot building into a destination for ...
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News briefsMarks & Spencer adds Puma and Reebok to its brand offer
British retailer Marks & Spencer (M&S) has announced that Puma and Reebok are joining The Sports Edit, its dedicated sportswear platform on M&S.com. More than 140 products from the two brands will be added to M&S.com throughout February and March. Reebok will be available on M&S.com from February, with Puma ...
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News briefsSkechers surpasses 5,000 retail locations, aims for 10,000
With a recent opening in Bogotà, Skechers has surpassed 5,000 Skechers-branded retail store locations throughout more than 120 countries. In 1992, the company opened its first-ever Skechers store in Manhattan Beach, near its corporate offices. Its first international store was then inaugurated in Japan. Every location features the same look, ...
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News briefsHeydude embarks on outlet expansion plan
Heydude is embarking on an aggressive expansion plan to increase its number of outlets. In 2024, the company plans to open 30 new outlet stores, a significant jump from the five opened in the past six months. The surge in outlet openings stems from a strategic shift in 2023. “We’re ...
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C-Suite InterviewInterview with Kant’s VP: “The holy place is never empty”
An interview with Maxim Vinogradov, VP of Russia’s retailer Kant.
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ArticleAbsolute Run Kaufmann opens in Heilbronn
Absolute Run Kaufmann will open in Heilbronn, Germany, on Feb. 22, 2024. Behind the freshly converted store are Sport 2000 GmbH and partner Schuhhaus Kaufmann. The store in the city center, with 200 sqm of retail space, is the first Absolute Run store in the state of Baden-Württemberg. The Managing ...
