Retail insights from the sporting goods industry – Page 149
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Short stops
21sportsgroup, the German online sports retailer, has opened its first...
21sportsgroup, the German online sports retailer, has opened its first 21run.com brick-and-mortar store, located in Munich and specializing in running
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Article
Fanatics bags Kitbag
Kitbag, a British-based online retailer specializing in team sports products, has been acquired by Fanatics at a price of £11.55 million (€15.1m-$16.9m). The purchase will support the European expansion of Fanatics, a major U.S. player in the market for officially licensed sports merchandise.Kitbag had apparently caught the eye of Sports ...
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News briefs
Adidas has announced a multi-year deal to become the official...
Adidas has announced a multi-year deal to become the official all-sports apparel provider of Western Carolina University (WCU), a public university located in Cullowhee, North Carolina that runs 16 intercollegiate sport programs. The five-year partnership is effective July 1, 2016. Previously, several WCU sports had independently used the brand's products ...
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News briefs
The Adidas Group has denied a report by the BBC...
The Adidas Group has denied a report by the BBC earlier this month that it intends to put a premature end to its contract as an official partner of the International Athletics Federation (IAAF), describing it as inaccurate. Media reports claimed that Adidas wanted to end the eleven-year contract, which ...
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News briefs
The Adidas Group declined to comment on a report in...
The Adidas Group declined to comment on a report in Marca, the Spanish newspaper, that the brand was discussing a ten-year deal worth €140 million per year with Real Madrid. Demands were predicted to escalate in the market for kit contracts with leading football teams, after Adidas agreed to pay ...
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News briefs
Decathlon is continuing its foray into Southeast Asian markets with...
Decathlon is continuing its foray into Southeast Asian markets with the opening of a store in Singapore. After five openings in Thailand in the last few months, the French retailer is opening a store of about 3,000 square meters in Bedok and is planning a second opening in Singapore in ...
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News briefs
Zalando, which bought the bankrupt Bread & Butter trade show...
Zalando, which bought the bankrupt Bread & Butter trade show in Berlin last June, says it will stage the first consumer-oriented B&B show on Sept. 2-4 at Arena Berlin, where the Bright and Seek trade shows were held earlier this week. Zalando was looking for a new site for its ...
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Article
Henkel chief to lead Adidas Group
The supervisory board of the Adidas Group ended up picking an outsider as it decided that Kasper Rorsted, chief executive at Henkel, should take over from Herbert Hainer as the CEO of the German sports company from the start of October. The 53-year-old Danish manager will start at Adidas by ...
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News briefs
Adidas has announced the release of its first laceless football...
Adidas has announced the release of its first laceless football cleat, indicating that it will help its players to control the game better than before. It will be worn by sponsored football players from Jan. 23. Lotto, which launched its first laceless football boot ten years ago, had no comment ...
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News briefs
Adidas is honoring Leo Messi's record fifth Ballon d'Or win...
Adidas is honoring Leo Messi's record fifth Ballon d'Or win on Jan. 11 with a custom ultra-luxe version of the Messi 15 football boot. The special edition of the Messi 15 features platinum elements, something Adidas claims has never been seen before on a football boot. Messi's and Adidas' logos ...
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News briefs
The Adidas Group ended last year with a closetful of...
The Adidas Group ended last year with a closetful of awards for its corporate social responsibility (CSR) efforts in China. As detailed in a company statement, Adidas Greater China was listed by the CSR Research Center of the Chinese Academy of Social Sciences as one of the top ten multinational ...
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News briefs
Kering, along with Adidas and H&M, was named as one...
Kering, along with Adidas and H&M, was named as one of the most sustainable corporations in the world following its inclusion in the 2016 Corporate Knights' Global 100 index, which was published at the World Economic forum in Davos, Switzerland, on Jan. 22. It is the first time that the ...
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News briefs
Zalando said it booked a 30 percent sales increase in...
Zalando said it booked a 30 percent sales increase in the fourth quarter of 2014 to a level expected to range between €865 million and €872 million, generating an adjusted operating margin (Ebit) of between 7 and 9 percent. With that, the German-based e-tailer reached an Ebit margin of between ...
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News briefs
Herbert Hainer, chief executive of the Adidas Group, told the...
Herbert Hainer, chief executive of the Adidas Group, told the Süddeutsche Zeitung that the company achieved sales of more than €2 billion in China last year, up from €1,811 million in 2014, making it the group's second-largest national market after the U.S. For this year the Adidas chief predicts buoyant ...
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News briefs
Zalando and the Adidas Group have been partnering since last...
Zalando and the Adidas Group have been partnering since last November on a pilot project. If the e-tailer runs out of stock of certain Adidas or Reebok products in certain sizes or colors, it can access the Adidas Group's own central distribution center in Germany, which will ship them directly ...
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News briefs
The Adidas Group ended last year with a closetful of...
The Adidas Group ended last year with a closetful of awards for its corporate social responsibility (CSR) efforts in China. As detailed in a company statement, Adidas Greater China was listed by the CSR Research Center of the Chinese Academy of Social Sciences as one of the top ten multinational ...
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Short stops
Nautilus has opened a 3,000-square-foot retail store at its headquarters...
Nautilus has opened a 3,000-square-foot retail store at its headquarters in Vancouver, Washington
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Short stops
Zimstern has opened a store in Munich and one in...
Zimstern has opened a store in Munich and one in Davos, Switzerland
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Short stops
Toni Sailer has opened his first store, located in the...
Toni Sailer has opened his first store, located in the Austrian resort of Kitzbühel, featuring his collection
