Retail insights from the sporting goods industry – Page 146
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News briefs
Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
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Short stops
JD Sports has opened its 35th German store in the...
JD Sports has opened its 35th German store in the Olympia shopping center of Munich
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News briefs
Decathlon opened its largest store in Paris last week, with…
Decathlon opened its largest store in Paris last week, with a selling surface of 4,600 square meters in the northeast of the French capital. Decathlon says the new store in the 19th arrondissement covers 65 sports, it sells all of its private labels and offers services such as “click and ...
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News briefs
Billabong has inaugurated a new shop concept in a shopping...
Billabong has inaugurated a new shop concept in a shopping center near Toulon in France, called L'Avenue 83. It is the first of a series of store renovations that will be carried out throughout Europe. It has digital features. The atmosphere is bright. It plays on vibrant colors and the ...
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Article
Buoyant Adidas group upgrades guidance
The Adidas Group has raised its guidance for full-year sales and profits after a 17 percent sales hike to €4.8 billion in the first quarter, amounting to an increase of 22 percent in constant currencies. Supported by a higher gross margin and operating margin leverage, the group's operating profit for ...
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Article
Puma and Adidas in legal imbroglio around soles and stripes
A court in Düsseldorf has rejected an attempt by Adidas to prohibit the sale of running footwear by Puma with a lightweight and bouncy sole that has some of the same characteristics as the Boost soles of the Adidas brand.Adidas filed for an injunction to halt sales of Puma's NRGY ...
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News briefs
Nike is replacing Adidas as the sponsor of the University...
Nike is replacing Adidas as the sponsor of the University of Michigan's athletic department from next August. The 11-year contract is valued at $127.1 million. It gives Nike an option for a four-year extension.
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News briefs
Adidas has announced the removal of plastic shopping bags from...
Adidas has announced the removal of plastic shopping bags from its own retail stores globally. The announcement was made on April 22, to celebrate Earth Day while reiterating the company's commitment to sustainability. The switch to paper bags has already begun, with Russia and Kazakhstan following in June. Adidas has ...
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News briefs
According to preliminary figures, Zalando is expected to report a...
According to preliminary figures, Zalando is expected to report a sales increase of between 22.5 percent and 24.5 percent for the first quarter, meaning a turnover in a range between €788 million and €801 million. The adjusted operating margin (Ebit) declined to between 1.5 percent and 3.5 percent, down from ...
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Short stops
Quiksilver has opened its second store in Indonesia, at Manado...
Quiksilver has opened its second store in Indonesia, at Manado Town Square in Sulawesi, offering the products of its Quiksilver, Roxy and DC brands
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News briefs
Stadium plans to grow significantly in the next five years,...
Stadium plans to grow significantly in the next five years, but mainly outside of Sweden, partly in Germany. In an interview with a Swedish newspaper, Dagens Industri, Stadium's new chief executive, Karl Eklöf, said the goal is to grow from the present annual level of about 5.1 billion Swedish kronor ...
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News briefs
The North Face has reportedly leased a space of nearly...
The North Face has reportedly leased a space of nearly 20,000 square feet on Fifth Avenue at 43rd Street in New York City for its flagship store in the Big Apple. TNF already has two other smaller stores in the Upper West Side and Soho districts of Manhattan.
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News briefs
Merrell is launching an e-learning program for the personnel in...
Merrell is launching an e-learning program for the personnel in any stores in France, similar to one that it recently introduced in the U.K., and the brand may take similar initiatives in other countries based on the results. In France, salespeople who are handling the brand can connect with a ...
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News briefs
Paris' revamped Forum des Halles, whose modernization and expansion is...
Paris' revamped Forum des Halles, whose modernization and expansion is expected to cost around €1 billion, prominently features a new Nike store of 1,026 square meters under its new “canopy” roof and on one of its four corners. The store has dedicated areas for running, training, sportswear, men, women and ...
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News briefs
Decathlon is reportedly continuing its expansion drive in Germany, with...
Decathlon is reportedly continuing its expansion drive in Germany, with at least six more openings this year. After new stores in Munich, Stuttgart and Berlin, Textilwirtschaft writes that the next openings are to take place in May in Lübeck and Landshut-Ergolding. The list continues with Kaiserslautern in June, Hamburg in ...
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Short stops
Leclerc, a French voluntary chain of supermarkets, is launching an...
Leclerc, a French voluntary chain of supermarkets, is launching an e-commerce site for football products, marketing all the jerseys and related accessories of the teams participating in the Euro 2016 championships in France
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News briefs
In the framework of the brand's expansion in the running...
In the framework of the brand's expansion in the running category, Adidas recently opened its newest Runbase in the Berlin-Kreuberg section of Germany's capital city. The location is more than just a running store. It is meant to be a destination for local running communities, enabling them to try out ...
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News briefs
Signa Holding, the Austrian-based real estate company that controls Karstadt...
Signa Holding, the Austrian-based real estate company that controls Karstadt and Karstadt Sports, recently acquired a majority stake in Outfitter, a multi-channel sporting goods retailer, in order to support Karstadt Sports' online retail business. Signa Retail aims to position Karstadt Sports as Germany's biggest sporting goods retailer. Meanwhile, Karstadt Sports ...
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News briefs
Alibaba is the first e-commerce company to become a member...
Alibaba is the first e-commerce company to become a member of the International Anticounterfeiting Coalition (IACC), the non-profit organization devoted to combating product counterfeiting and piracy. The Chinese e-tailer has been working with the IACC since 2013 to identify and take down infringing listings on its Taobao and Tmall marketplaces, ...
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News briefs
Alibaba Group Holding will promote rugby in China as part...
Alibaba Group Holding will promote rugby in China as part of the development and sponsorship deal it signed with World Rugby on April 10. Alisports, the new group's sports division, said it plans to invest millions of U.S. dollars and make a long-term investment in the development of the sport ...
