Retail insights from the sporting goods industry – Page 43
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News briefsNew Klarna in-app search and compare tool as an alternative to Google and Amazon
Klarna launched a new “rich and unbiased search and compare tool” in the Klarna App in the U.S. last month and is now expanding it to the U.K., Sweden and Denmark. The tool compares prices from thousands of retailers. In addition, consumers can filter their search by criteria that matter ...
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ArticlePuma and Foot Locker expand partnership with special collabs for next-gen customers
Following Adidas’ increased collaboration with the retailer after Nike’s gradual exit from Foot Locker earlier this year, Puma is now also massively stepping up its collaboration with the New York-based sports retailer with some promotions designed specifically for a younger demographic. The two companies announced an expanded partnership, highlighted by ...
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News briefsFusalp to open first Spanish store
High-end skiwear brand Fusalp is set to open a store in Madrid, the brand’s first in Spain, Palco 23 has reported. The store will be located at 88 calle Claudio Coello, in the Salamanca district, one of the wealthiest areas in Spain’s capital city and a major shopping district. Fusalp ...
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C-Suite InterviewHummel’s hybrid recipe with a wholesale bias drives sustainable success
Hummel has reached 2B DKK revenue. We sat down with their CEO Allan Vad Nielsen to talk about the success strategy.
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News briefsDanish orthopedics specialist KSO joins Running Experts Europe
Source: SPORT 2000 From left to right: Jannich Hammer Marker, COO KSO, Jörg Seifert, Head of Division Running SPORT 2000, Jan Steinicke, CEO KSO. Danish running and orthopedics specialist Kaiser Sport & Orthopaedi (KSO) has become part of Running Experts Europe, the network of running specialty retailers ...
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News briefsHervis opens store in Saalfelden
Following its major revitalization offensive at the beginning of the year, Hervis has launched a new opening in Austria just in time for the start of the winter business. Equipped with the latest store concept, the Hervis store in Saalfelden opened its doors on Oct. 27 with an area of ...
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News briefsFirst Under Armour store in southern Italy
Oberalp, the exclusive distributor of Under Armour in Italy, has opened an Under Armour store in Catania, Sicily, the first of the American brand in southern Italy. The new 120-square-meter store is located inside the Centro Sicilia shopping mall. The recent opening brings the number of Under Armour stores operated ...
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News briefseBay’s sales continue to decline
eBay has posted another revenue decline in Q3, which was marked by inflation and economic worries. In the quarter ended September 30, revenues fell five percent year-on-year to $2.4 billion. Adjusted income fell seven percent to $552 million. eBay has been struggling since the pandemic online order boom came to ...
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News briefsH&M’s Arket opens flagship in Paris
The first French flagship store of Arket, H&M’s “one-stop destination for sustainable fashion for women, men and children,” opens Nov. 4 in a sleek Scandinavian design at 13 Rue des Archives, Le Marais, in Paris. The store covers 400 square meters on two floors and overlooks a courtyard with a ...
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ArticleDecathlon Germany launches new buyback service
Decathlon Germany is launching a used-product “Buy Back” service in select cities. For the first time, the sporting goods manufacturer and retailer is buying back used sports products and returning them to second-use sales after successfully inspecting and/or repairing them. Customers who sell their products to Decathlon receive either a ...
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News briefsAliExpress launches 11.11 global shopping festival with longest sales period ever
AliExpress, the global online retail marketplace owned by Alibaba Group, officially kicked off its 2022 11.11 Global Shopping Festival on Oct. 31 under the theme “Deals & Fun. Always Better Together” – a full two weeks earlier than previous years and running throughout November. For all orders in Spain, France, ...
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News briefsDeporvillage installs solar panels at its new headquarters
Sports e-tailer Deporvillage has completed the installation of 286 solar panels on the roof of its new offices in Sant Fruitós de Bages (Barcelona). The company moved to its new 2,600-square-meter headquarters, from the previous one in Manresa, earlier this year, as also reported by SGI Europe at the time. ...
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News briefsDecathlon Italy introduces app for staff with Down syndrome
Decathlon Italy has presented My Personal Training, an app specially designed for the members of its staff affected by Down syndrome. The app has been developed in partnership with AIPD (Associazione Italiana Persone Down) and AGPD (Associazione Genitori e Persone con Sindrome di Down). Decathlon has been collaborating with these ...
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News briefsKappa opens first Latin American store
Kappa has entered the Latin American retail scene starting from Colombia, with its first store in Bogotà. It was opened in partnership with the Pernine group and is located on the second floor of the La Colina shopping mall. Three more Kappa stores are reportedly expected to open in Colombia ...
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ArticleTopsports sees H1 earnings, sales slip
Chinese sports retailer and distributor Topsports saw its net profit in the six months ended Aug. 31 decrease by 19.9 percent to 1,145.4 million renminbi (€158.6m), and sales slip by 15.1 percent to RMB 13,218.0 million (€1,829.8m) as recurrent Covid-19 restrictions in China took their toll on store traffic. Despite ...
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ArticleChallenging market conditions continue to weigh on XXL ASA
XXL ASA, the operator of sporting goods across Scandinavia and Austria, continues to see historically low consumer confidence and diminished demand for sporting goods, in general, weigh on its financial results. Earlier, the group said the two trends commenced in mid-May. Now, the retailer, which recently promoted CFO Stein Eriksen ...
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News briefseBay and Inter Milan partner on new e-commerce deal
Italy’s Serie A team Inter Milan has announced a partnership deal with eBay for the 2022/23 season. The agreement will see Inter open a dedicated club shop on the e-commerce platform. eBay recently agreed to a three-year deal with the Italian Football Federation (FIGC) to become a premium partner of ...
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News briefsAdidas opens second flagship in Mexico City
Adidas has opened its second brand store in Mexico City on one of the busiest and most prestigious streets in the city, Presidente Marasyk Avenue. In a press release, Adidas said that the new store focuses mainly on running, a rapidly growing sport in the country, as well as Adidas ...
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News briefsOMA / AMO create new retail identity for Stone Island
OMA and AMO (the Office for Metropolitan Architecture and its research and design studio) are collaborating with Stone Island to design a new identity for the Italian luxury brand’s stores. The new store concept envisions altar-like spaces, with niches for archival pieces and prototypes, “concrete slabs” of pressed shredded paper ...
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ArticleZalando expands range to include adaptive fashion
Zalando is expanding its range to clothing, shoes and accessories that are geared to the needs of people with disabilities and are deliberately designed to be easier to use by people with permanent or temporary impairments. The addition of adaptive fashion to its product range is an important milestone for ...
