Retail insights from the sporting goods industry – Page 22
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ArticleAsian sneaker marketplace Novelship secures $9.5 million in Series B funding
Novelship, a Singapore-based marketplace founded in 2018, has received US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The company said the new funding will accelerate its efforts to strengthen its brand presence across Southeast Asia. This includes improving logistics capabilities, refining ...
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News briefsFootasylum adopts new retail concept in larger store
Footasylum, leading British retailer of branded fashion and footwear, has moved to a new and improved retail space at the Lakeside Shopping Center in England, where it previously occupied a space of around 300 sqm. The new 900-sqm space features a refreshed store concept that seeks to create a mobile-first ...
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News briefsZalando launches Stories
Source: Zalando Storys on mobile In close collaboration with Highsnobiety, Zalando has introduced “Stories” on its platform. Curated editorial content is seamlessly linked to the shopping experience in visual formats, such as short videos, and is intended to serve as a new source of inspiration for customers. ...
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News briefsFanatics hires new Commerce CEO
Source: Fanatics Andrew Low Ah Kee, new CEO of Fanatics Commerce Digital sports platform Fanatics has announced the appointment of Andrew Low Ah Kee as Chief Executive Officer of its largest business unit, Fanatics Commerce. Low Ah Kee most recently served as President at Opendoor, an e-commerce ...
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ArticleMuntagnard launches mono-material apparel via Kickstarter to avoid overproduction
Source: Muntagnard Muntagnard founders Dario Pirovino and Dario Grünenfelder Muntagnard, a young startup from Switzerland, has been offering its latest two sustainable products – the MIUtec Iso Vest and the MIUtec Iso Hooded Jacket – exclusively and internationally on Kickstarter since Aug. 24. The company uses Kickstarter ...
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News briefsAvatars to get digital sunglasses from Sunglass Hut
Source: Sunglass Hut EssilorLuxottica’s Sunglass Hut and avatar platform Ready Player Me are offering digital sunglasses that users can outfit their avatars with, a unique initiative that combines virtual worlds and physical retail. Starting Sept. 14, customers can pick up free sunglasses for their avatars at select ...
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ArticleZumiez encouraged by some brands in Europe, private label growth
Zumiez, despite reporting a Q2 loss of $8.5 million against a profit of 3.1 million and an 11.6 percent drop in revenues to $194.4 million for the period ended July 29, remains encouraged by key elements of its overall business. Those include “a good trend line” heading into Q4, a ...
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News briefsCatalonian chain expands
Wala has opened a seventh store, according to both TradeSport and CMDsport. It is a 2,200-sqm operation with a staff of 40 located in Sant Pere de Ribes, Catalonia. The retail chain does all of its business in this one Spanish autonomous community and covers mountain and snow sports, cycling, ...
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News briefsDecathlon to close two of its four stores in Sweden
Citing Fastighetsnytt, ehandel.se reported at the end of last week that the French sports chain Decathlon has decided to close two of its four Swedish stores. Decathlon established itself in Sweden in 2011 with a first test store in Bromma. The idea was then to expand extensively with stores in ...
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News briefsRunning Conseil has a new GM
Jérémy Marchetti is the new general manager of Running Conseil, effective Sept. 1. Running Conseil is a group of 64 independent stores in France specializing in running, trail running and triathlon gear. Marchetti, 41, is the owner of a Running Conseil store in Ollioules in southeastern France. The Running Conseil ...
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News briefsBoth Zalando CEOs extend contracts
Zalando founders Robert Gentz and David Schneider will continue to lead the company as co-CEOs. The Supervisory Board made this decision at its regular Q3 meeting and extended both contracts by another four years until December 2027. Gentz and Schneider will drive the strategy to establish Zalando as the first ...
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News briefsZalando appoints VP of Sustainability and Diversity & Inclusion
Source: Zalando Pascal Brun Online retailer Zalando has hired Pascal Brun, a renowned expert in the textile and apparel industry, as its new Vice President of Sustainability and Diversity and inclusion (D&I). In his role, he will report directly to Padmaja Bommareddy, SVP of Corporate Development. The ...
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News briefsDecathlon appoints Jimena Almendares as chief digital officer
Source: Decathlon Jimena Almendares Decathlon has announced the appointment of Jimena Almendares as Global Chief Digital Officer. She joined Decathlon in August. Almendares has 20 years of experience in business innovation and has worked in 16 countries across North America, Latin America, Europe and Asia. Before joining ...
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News briefsAre Visa and Mastercard raising fees?
The Wall Street Journal reported on Aug. 30 that, according to company documents it had seen and sources it had spoken with, Visa and Mastercard would be raising interchange fees – that is, the fees charged to merchants when they accept customer credit cards. The rise was to occur this ...
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ArticleSport-Tiedje becomes Peloton’s strategic partner in Germany
Peloton is strengthening its retail presence by entering into a collaboration with the Sport-Tiedje Group that will make the fitness retailer the exclusive distributor of Peloton fitness equipment in Germany. The collaboration represents a key milestone for the connected fitness company, expanding access to its fitness equipment and instructor-led classes ...
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News briefsAlibaba.com launches “Super September”
Since Sept. 1, the global B2B e-commerce platform Alibaba.com has been running “Super September,” its biggest B2B sales event of the year. Super September brings together more than 40 million buyers and 200,000 sellers from around the world to discover new products and services and shop more securely online. More ...
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News briefsIntersport International has a new commercial director
Source: IIC Pierre Irelli Pierre Irelli has been appointed commercial director at Intersport International (IIC). Irelli was most recently chief product officer at Intersport France, a role he has held since 2019. He started his professional career in 2013 at Intersport as a category manager for team ...
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News briefsLacoste to open pop-up in London on its 90th birthday
French brand Lacoste is opening a vintage pop-up space in Shoreditch, London, as part of its 90th anniversary celebrations. The space, open on Sept. 14-26 at the Truman Brewery, will showcase more than 400 vintage pieces. The offering is sourced and curated in partnership with vintage resale expert Wavey Garms ...
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News briefsYonex opens first overseas showroom
Yonex opened the Yonex Shanghai Showroom, the first overseas showroom for the Japanese sporting goods brand, on Aug. 5, located at 939 Huaihai Middle Road in one of Shanghai’s major shopping areas. The new showroom will allow the brand to share its values through product stories and services. The space ...
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News briefsDecathlon adds a new market with first store in Panama
Decathlon is about to open its first store in Panama in partnership with La Forme, a joint venture of local retail groups Bennu (formerly Phoenix Group) and Dormen, Modaes has revealed. The store will be located in the Multiplaza Pacific shopping mall. Panama has a population of 4.4 million and ...
