Retail insights from the sporting goods industry – Page 140
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News briefs
Go Sport is launching Go Sport Montagne, a new banner...
Go Sport is launching Go Sport Montagne, a new banner for mountain enthusiasts, just a few months after the launch of another new banner called Bike+. For Go Sport Montagne, the French retailer is looking at 100 franchised stores, which will rely on the network of sporting goods retailers affiliated ...
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News briefs
New Balance and Reebok have both opened flagship stores in...
New Balance and Reebok have both opened flagship stores in Milan's Piazza Gae Aulenti, which has become a major destination for sports and fashion stores. Nike and Colmar already have stores there. Reebok's flagship is an “experience store” where customers can get discounts of between €10 and €100 depending on ...
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News briefs
Arc'teryx is opening its first French flagship in Chamonix, the...
Arc'teryx is opening its first French flagship in Chamonix, the famous skiing resort in the Haute-Savoie department. The store will be operated in partnership with Jean-François Coquoz, a local retailer. The 100-square-meter store is located at 306 rue Paccard, in the center of the French town. The move is part ...
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News briefs
The Adidas Group is opposing a pending trademark registration by...
The Adidas Group is opposing a pending trademark registration by Barcelona football club in the U.S., for a design with seven blue and red stripes. As reported by several Spanish newspapers, the Adidas group has filed an opposition document with the U.S. Patent and Trademark Office (USPTO) last month, claiming ...
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News briefs
Adidas has unveiled a new jersey for the New Zealand...
Adidas has unveiled a new jersey for the New Zealand All Blacks rugby team. The jersey, which comes after two years of development in collaboration with the team itself, features a new fabric which has been digitally woven together. This manufacturing process is said to help reduce the likelihood of ...
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News briefs
Adidas and London-based Palace Skateboards have launched their new collaboration...
Adidas and London-based Palace Skateboards have launched their new collaboration with a humorous video that makes fun of Adidas' serious sportswear campaign. The collection includes tracksuits, terry hoodies, socks, hats, crewnecks as well as the new Palace Indoor sneaker, which is similar to Adidas' retro Superstar shoe but with recent ...
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News briefs
Adidas has unveiled a fully biodegradable running shoe made from...
Adidas has unveiled a fully biodegradable running shoe made from Biosteel fiber, a nature-based and completely biodegradable replication of natural silk. The Futurecraft Biofabric, which has been developed in partnership with AMSilk, was presented on Nov. 17. at the Biofabricate Conference in New York, where Adidas and AMSilk also announced ...
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Short stops
Canada Goose has opened a 4,500-square-foot flagship store in Toronto,...
Canada Goose has opened a 4,500-square-foot flagship store in Toronto, its home town
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Short stops
Arc'teryx has opened its second store in Toronto, measuring 2,825...
Arc'teryx has opened its second store in Toronto, measuring 2,825 square feet and located in the Yorkdale Mall
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News briefs
Sport-Tiedje, a German retailer of fitness equipment, has signed a...
Sport-Tiedje, a German retailer of fitness equipment, has signed a contract with Karstadt Sports for the distribution of its products for the next three years. In 21 Karstadt Sports stores in Germany, Tiedje will introduce its shop-in-shop concept on 60-110 sqm, with three employees per store. Sport-Tiedje has 45 stores ...
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Short stops
JD Sports Fashion is opening its biggest store in Spain...
JD Sports Fashion is opening its biggest store in Spain and the 23rd one in the country, covering more than 500 square meters in the Splau de Cornellà shopping center of Llobregat, near Barcelona
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News briefs
The first flagship store of Canada Goose has been officially...
The first flagship store of Canada Goose has been officially opened in the brand's hometown of Toronto. It covers 4,500 square feet in the city's Yorkdale Shopping Centre. Among other services, customers can book appointments with some of the brand's “ambassadors.” They can leave items purchased in storage while they ...
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News briefs
The Philippines are the latest Asian country where the Decathlon...
The Philippines are the latest Asian country where the Decathlon group has confirmed a store opening, to take place next spring in Alabang, near Manilla. The store of 3,000 square meters is to sell only private labels, covering about 70 sports. The French group indicates that the largest categories in ...
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Article
Alibaba posts higher-than-expected sales
Alibaba posted sales of 34.3 billion yuan renminbi (€4.6bn-$5.1bn) for the quarter to Sept. 30, representing a 55 percent increase on an annualized basis. For the second consecutive quarter sales exceeded Wall Street's expectations. Income from operations was RMB 9,045 million (€1,201.8m-$1,337.8m) against RMB 6,395 million in the comparable quarter ...
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Article
Adidas’ new CEO launches Reebok’s overhaul
In his first public speech after taking the helm of the company on Oct. 1, Adidas' new chief executive, Kasper Rorsted, took the opportunity of the group's strong third-quarter results to give an insight into his plans for the group.While confirming the planned divestiture of TaylorMade, Adams and Ashworth, for ...
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News briefs
The Adidas Group is resuming its share buyback program today,...
The Adidas Group is resuming its share buyback program today, based on the authorization given at its annual meeting on May 12. After two previous tranches of stock repurchases conducted in the last two years, involving a total of 9,018,769 shares that represented 4.31 percent of its share capital, the ...
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News briefs
Adidas confirms that it has sealed a partnership with Kristaps...
Adidas confirms that it has sealed a partnership with Kristaps Porzingis, a fast-rising Latvian player in the National Basketball Association (NBA). The Vertical writes that the agreement was signed for seven years and that it makes Porzingis the highest-paid European sneaker endorser in NBA history. The publication puts the deal ...
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News briefs
Adidas has collaborated with Parley for the Oceans, an organization...
Adidas has collaborated with Parley for the Oceans, an organization dedicated to reducing plastic waste in oceans, on the first mass-produced footwear made of recycled plastic from oceans. Last year, the collaboration had created a 3-D printed prototype, which is now turning into actual pairs of shoes that customers can ...
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News briefs
Blue Tomato, the Austrian-based action sports retailer owned by Zumiez,...
Blue Tomato, the Austrian-based action sports retailer owned by Zumiez, opened its first store in Switzerland. Managed by Danijel Susic, is located in Zurich and covers 530 sqm on two floors, offering products from the snowboard, skateboard and surf segments as well as streetwear, shoes and accessories. Blue Tomato now ...
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Article
Adidas posts a strong Q3, driven by sneakers
The Adidas Group reported a strong lift in third-quarter sales, which rose 17 percent on a currency-neutral basis, and the new management confirmed that it is on track to meet targets for a record year. In reported euros, group sales went up by 14 percent to €5,413 million.Adidas brand sales ...
