Retail insights from the sporting goods industry – Page 144
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News briefs
Norrøna has opened a store in Chamonix, France. The investment...
Norrøna has opened a store in Chamonix, France. The investment was described as the first move in a new strategy to expand the company's retail network away from the saturated Norwegian market. It is also part of a plan to double the company's total sales by 2020. Last year, Norrøna's ...
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News briefs
Base, the Spanish voluntary group, has opened the first store...
Base, the Spanish voluntary group, has opened the first store in a Spanish airport. Called Base Bazar Sport, it takes up 300 square meters of space in the airport of Grand Canaria, one of the Canary Islands.
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News briefs
The National Basketball Association (NBA) has announced a new partnership...
The National Basketball Association (NBA) has announced a new partnership with the Al Mana Fashion Group for the opening of the first two NBA Stores in the Middle East. The shops are set to open in Doha, Qatar, during the 2016-17 NBA season. Additional NBA Stores will open in Saudi ...
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News briefs
Lyle & Scott has decided to close its flagship store...
Lyle & Scott has decided to close its flagship store in London's Carnaby Street and to move it to another unspecified location. The British company also has two outlet stores in the U.K., in addition to its web shop.
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News briefs
Jack Ma, the head of Alibaba, said that Chinese-made counterfeit...
Jack Ma, the head of Alibaba, said that Chinese-made counterfeit products are often of a better quality and are cheaper than the genuine articles, complicating the effort to fight counterfeiting on the country's largest e-commerce websites. The declarations, reported by Bloomberg and other media outlets, were made by the tycoon ...
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Article
Adidas reclaims European football market lead
Adidas claims that it has taken the lead in the European market for football shoes and that it should reach a new record turnover of €2.5 billion in the football category this year, up from €2.2 billion in 2015. This would be more than twice the sales that the company ...
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News briefs
Rolf Reinschmidt, who has driven the Adidas brand's business in...
Rolf Reinschmidt, who has driven the Adidas brand's business in the outdoor market since 2007, has relinquished this leadership role to become an internal consultant in the Adidas brand team from the start of June. Reinschmidt will not be replaced as outdoor general manager because the division was integrated into ...
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News briefs
Adidas has signed sponsorship deals with five of the projected...
Adidas has signed sponsorship deals with five of the projected top picks in the upcoming NBA draft: Brandon Ingram, Jaylen Brown, Jamal Murray, Dragan Bender and Kris Dunn. The German brand says they will help it to develop the world's best basketball gear. They will be featured in brand campaigns, ...
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News briefs
Adidas got some criticism on social media in connection with...
Adidas got some criticism on social media in connection with its initial ads for the promotion of Colombia's jerseys for Copa America. They spelled the country's name as Columbia. The Big a promptly apologized and reissued the ad with the correct spelling.
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News briefs
About 7,500 pairs of counterfeit Adidas Yeezy Boost 350 shoes...
About 7,500 pairs of counterfeit Adidas Yeezy Boost 350 shoes were seized by customs at the port of Hamburg. The unbranded shoes came from China and were intended for sale online. Although they were unbranded, they violated trademark law as the design was found to be the same of that ...
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Article
Adidas agrees to €200 million extension of its DFB deal
While Adidas is battling it out with Nike and other brands on the sidelines of the European football championships, it has bagged an agreement to extend its partnership with the German football federation (DFB) for four years until 2022, at a cost of about €50 million per year.The agreed annual ...
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News briefs
Soloporteros, the Spanish sporting goods retail chain with 12 stores,...
Soloporteros, the Spanish sporting goods retail chain with 12 stores, changes its name to Fútbol Emotion. Soloporteros (in English: only for goalkeepers) previously concentrated on offering products for a distinctive group of customers. Today, the Spanish chain offers products for all kinds of football players and other people active in ...
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Short stops
Cisalfa Sport has opened a new flagship store of 1,000...
Cisalfa Sport has opened a new flagship store of 1,000 square meters on Piazza Pattari in downtown Milan
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News briefs
Jaked will open two new stores in Milan in July....
Jaked will open two new stores in Milan in July. According to reports in Corriere della Sera, the stores will be located on corso Vercelli and corso Buenos Aires, with plans for more openings in Bologna and Napoli. The Italian sportswear brand, which was established in 2008, is owned by ...
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News briefs
North Sails plans to open its first German store in...
North Sails plans to open its first German store in Hamburg on June 23, to be followed by others in the country. The Italian company already has 45 stores in the rest of the world.
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News briefs
Evasion Running, a specialized Spanish retailer, has gone into receivership,...
Evasion Running, a specialized Spanish retailer, has gone into receivership, according to the Spanish media. The company had already closed two of its stores, in Barcelona and Valencia, leaving it with another store in Valencia and five franchises in Spain and France.
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News briefs
Topshelf, an established Dutch sports retailer with five megastores, has...
Topshelf, an established Dutch sports retailer with five megastores, has pounced on two top locations that became available earlier this year after the bankruptcy of Vroom & Dreesman (V&D), a major Dutch department store chain. Several Dutch newspapers report that Topshelf has taken over the leases of former V&D stores ...
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News briefs
Canada Goose has announced the opening of its first two...
Canada Goose has announced the opening of its first two stand-alone stores this coming autumn. The stores are set to open on New York's Wooster Street, in the heart of SoHo, and in the Yorkdale Shopping Centre in Toronto. Each store, covering a surface of more than 4,000 square feet, ...
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Article
Adidas to divest Mitchell & Ness
Adidas has entered into a definitive agreement to sell its Mitchell & Ness business to a newly-formed company owned by Juggernaut Capital Partners. Adidas said the sale of the Philadelphia-based apparel brand will allow the group to focus more aggressively on its core brands. Mitchell & Ness is best known ...
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News briefs
The Adidas Group says that its pilot plant for fast...
The Adidas Group says that its pilot plant for fast footwear production in Ansbach, Germany, is ready to start commercial production in 2017. The Speed Factory is to operate mostly with robots. The project was unveiled last year as part of the group's “Creating the new” strategy, which has speed ...