Retail insights from the sporting goods industry – Page 44
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News briefsBrightpearl releases lists of fastest-growing U.K. online retailers and U.S. DTC brands
Brightpearl, a Bristol (U.K.) and Austin, Texas-based retail operating system owned by U.K. enterprise software giant Sage, has released its lists of the fastest-growing online retailers in the U.K. and the fastest-growing D2C brands in the U.S (”‘Lightning 50”). While a beer brewing brand (Pinter) tops the U.K. list with ...
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News briefsStockX appoints head of brand protection
Source: StockX Paul Foley Sneaker marketplace StockX has appointed Paul Foley as head of brand protection, reporting directly to chief supply chain officer Sean McCartney. Foley will lead the company’s product verification efforts. He brings more than three decades of experience in brand protection, global operations and ...
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Case StudyHow Signa Sports United is building the sports commerce & tech platform of the future
SSU – which says that the most powerful digital platform will “win the game” – is also helping customers consolidate their technological prowess.
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ArticleMobilization spurs demand for sports and outdoor products on the Russian market
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
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News briefsLi Ning with high single-digit growth in Q3
Chinese sportswear giant Li Ning Company Ltd. reported that sales across its entire platform, excluding Li-Ning Young stores, grew in the high single digits year-on-year in the third quarter. Broken down by sales channel, directly operated retail stores posted a mid-single-digit increase, while franchised distributor sales posted a high-single-digit increase. ...
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News briefsSwiss Sport 2000 winter campaign 22/23 banks on gamification
Sport 2000 Switzerland is running its winter campaign this year in collaboration with 28 winter sports brands. To increase the visibility of retailers and their offers online, the campaign relies primarily on advertising on Instagram and Facebook. The product and store campaign will be played out in ...
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News briefsAmazon goes live with Belgian site
Amazon has launched the Belgian online store Amazon.com.be, through which Belgians can now become members of Amazon Prime, the e-commerce company announced. In addition, “Brands of Belgium” (La boutique des marques belges) is intended to bring local customers together with local companies. In the online store, Belgian customers can currently ...
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News briefsDispute over “Black Friday” trademark in Germany ends
The trademark “Black Friday” was declared revoked by the Berlin Appellate Court on Oct. 14, 2022, with retroactive effect from April 25, 2019. The court thus confirmed the trademark cancellation for all goods and services that had not already been canceled by the German Federal Patent Court (BPatG). The German ...
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ArticleIntersport Germany launches new brand campaign; new report underlines social relevance of sports
Intersport Germany is underlining the enormous social importance of sports with a new brand campaign. The sporting goods retailer has already been campaigning to increase access to sports for years. Now, the group is launching “Einmal Sport. Intersport.“ (a pun on “Once sport. Always sport”), a highly emotional and polarizing ...
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News briefsStadium hires new head of exclusive brands
Source: Stadium Dennis Majer, new head of exclusive brands Swedish sporting goods retailer Stadium has hired Dennis Majer as the new head of its exclusive brands, which include the Everest and Soc labels. Majer has 20 years of experience in the retail, fashion and sports business. He ...
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News briefsBlibli’s parent aims to raise €540m in IPO
Global Digital Niaga, the parent company of the Indonesian e-commerce company Blibli, aims to raise as much as €540 million in its initial public offering next month, according to the company’s prospectus. The company plans to sell up to 17.77 billion shares, or 15 percent of its total capital, at ...
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News briefsNordic countries weigh on Footway’s results
Habit.se reports that Swedish e-commerce company Footway Group posted an operating loss of SEK 13.5 million (€1.2m) in the third quarter, compared with SEK 0.8 million (€72,700) in the corresponding period last year. Overall, the company posted sales of SEK 261.6 million (€23.8m) in the third quarter – SEK 76.3 ...
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News briefsJD Sports acquires another 18% in Deporvillage, how holding 98% of the online retailer
Following the group’s announcement in June 2021, JD Sports Fashion announced that Iberian Sports Retail Group (ISRG; the group’s existing 50.02 percent intermediate holding company in Spain) has acquired an additional 18 percent holding in the issued shares of Deporvillage from co-founders Xavier Pladellorens and Àngel Corcuera for a cash ...
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News briefsSports Direct could move to new headquarters
Frasers Group, the parent company of Sports Direct, is “exploring options” for a new Sports Direct site, the BBC website has reported. The move would be part of a long-term plan for a massive development on the edge of Coventry, West Midlands, that Frasers has recently outlined, allowing the group ...
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News briefsNike steps up fight against bots and resellers
Nike continues to fight against resellers and is currently specifically targeting punishing buyers who use shopping bots to manipulate the market. The Wall Street Journal first reported earlier this week on the company’s change to its U.S. online sales policy, which tightens existing anti-resell terms. It now states that orders ...
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News briefsAtmósfera Sport looking to top its record-breaking 2021
Atmósfera Sport is projecting 30 percent revenue growth for the current year, finance director Paco Zaragoza tells Diffusion Sport. The rosy news follows what was already the retail buying group’s best year ever in 2021. Álvaro Llorens, director of e-commerce and digital marketing, credits a tripling of digital sales – ...
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News briefsAdidas opens flagship in Barcelona
At 2,200 square meters, Adidas’ new store in Barcelona is also its largest store in Spain, according to CMDsport. The brand’s other Spanish flagship is in Madrid. It operates seven shop-in-shops and 13 outlets as well.
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News briefsMySale recommends shareholders accept Frasers buyout offer
MySale has recommended its shareholders accept Frasers Group’s offer to buy the stake in the online shopping group it does not already own, despite maintaining their belief that the bid price undervalues the company. Frasers has offered 2 pence in cash per remaining MySale share. The Australian fashion group said ...
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News briefsJD Sports CFO Neil Greenhalgh to step down in 2023
Neil Greenhalgh, chief financial officer of U.K.-based JD Sports Fashion Plc has informed the company board of his intention to step down from his role as CFO next year. According to a company release, a nominations committee led by Andy Higginson will commence a process to recruit a successor. Greenhalgh ...
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News briefsSprinter opens new stores in mainland Spain and the Canary Islands
Sprinter has just inaugurated a 925-square-meter store at the Atalaya del Tormes shopping mall in Salamanca and will soon open a new 750-square-meter store in Alicante on Oct. 20. More openings are planned in the Spanish island of Lanzarote, in the Canary Islands, for November, as well as in Pontevedra, ...
