Retail insights from the sporting goods industry – Page 56
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News briefsSports Direct to open new stores in France
Sports Direct will expand its retail presence in France, Sport-Guide.com has reported. Two new stores are already planned at the Aéroville shopping mall, near the Parisian airport of Roissy, and at Cité Europe, a shopping mall located near the French terminal of the Channel Tunnel at Coquelles/Calais. The two stores ...
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ArticleFútbol Emotion changes hands
Fútbol Emotion is under new ownership and management. Meridia Capital has sold the large minority stake it had held since May 2018 to Grupo Tansley, which has now put together a majority stake, wresting control away from the founding Sánchez Broto family. No further details on terms or the size ...
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ArticleSwedish sports retail down in Q1 according to Svenskt Sportforum
The Sportindex from the Swedish sporting goods trade association Svenskt Sportforum shows that total sports retail sales in the country fell 9.6 percent in Q1 2022 compared to the same period last year. Same-store sales fell by 9.3 percent, while e-commerce saw a steeper decline of 16.5 percent. The e-commerce ...
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ArticleSweden’s Löplabbet continues to grow and breaks new records
Intersport Sweden-owned running shop chain Löplabbet closed its books for 2021 with solid growth and new records. For the year, which has been challenging for everyone in the sector, the development was positive in all of the chain’s stores and e-commerce. Source: Löplabbet Stellan Kinell, head of Löplabbet ...
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News briefsDecathlon has donated 36K items of unsold merchandise
Decathlon says that the deal it struck in April of last year with Comerso, a digital and logistical anti-waste platform for companies, has resulted in the donation of some 36,000 items of unsold merchandise to various associations. Among these are the French Red Cross and the Recyclerie Sportive, a network ...
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News briefs
AGB potential bidder for Ted Baker
According to SkyNews, the New York-based Authentic Brands Group (AGB), which owns brands like Reebok, David Beckham and Juicy Couture, is exploring a bid for the London-listed fashion brand Ted Baker, owner of hundreds of standalone stores and concessions globally, that is just restructuring its business after financial torrents in ...
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News briefsAbsolute Teamsport continues to expand internationally
Sport 2000 has opened three new stores as part of its Absolute Teamsport concept - two in the Netherlands and one in Austria. Source: Sport 2000 Absolute Teamsport Kuster, Austria The opening of the tenth Absolute Teamsport store took place in Rotterdam on April 12, 2022. ...
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News briefsIIC elects CEO of Intersport Finland to board of management
Source: Intersport Sami Kiiski, CEO Intersport Finland and Member of the IIC Board of Management The shareholders of Intersport International Corporation (IIC) have unanimously elected Sami Kiiski, CEO of Intersport Finland, to the IIC board of management during an extraordinary general meeting of the IIC shareholders. Kiiski ...
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News briefsFusalp to open its first U.S. stores
Fusalp, the French skiwear brand, will mark its 70th anniversary this year with the opening of its first U.S. store in November, in the ski resort town of Aspen. Later, in 2023, the company plans to open a store in New York. Fusalp was founded in 1952 in Annecy by ...
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News briefsJoma further expands its retail network in Spain
Joma, the Spanish sports clothing brand, has opened three new stores in Madrid, Catalonia and Galicia. The new Madrid store is located at the Sambil Outlet in Leganés, the largest shopping mall in the country. This opening brings the number of Joma stores in Spain’s capital city to four. The ...
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News briefsDecathlon introduces first urban dance collection
Decathlon has launched its first unisex collection in the urban dance category, under the brand name Starever, formerly Decathlon Dance. Starever gathers the Decathlon products for any type of dancing, including the four disciplines of urban dances, modern jazz dance, contemporary and ballet dances, and fitness dance. The company has ...
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News briefs
Li Ning updates first-quarter sales
At Li Ning, first-quarter same-store sales rose in the “low 20s” for the period ended March 31. By segment, sales in the retail channel were up in the “mid-20s,” up in the “low teens” for the wholesale (franchised distributors) segment; and e-commerce revenues improved “mid-30s” year-on-year. The company ended the ...
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News briefs
Padel Nuestro to open flagship near Murcia
According to CMDsport, Padel Nuestro will be inaugurating a flagship in Alcantarilla, which lies just outside Murcia in Spain and is home to the retailer’s headquarters. Pádel players, social-media influencers and other celebrities will be present for opening day sometime next month. Another flagship is to follow in Madrid. Padel ...
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News briefsSport 2000 offers running sales training for specialists and general retailers
With its new training format – “expert running consultancy,” a special training program for the sales staff of its running specialty stores and in the running section of generalist stores – the running division of the German Sport 2000 buying group seeks to instill a deeper insight into biomechanics, anatomy ...
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News briefsSouth African sportswear retailer Studio 88 Group acquired by Mr Price
Fashion and home goods retailer Mr Price, a publicly-traded company based in Durban, South Africa, announced that it is acquiring 70 percent of the shares in Studio 88 Group, a major retailer of sneakers and apparel from Nike, Adidas, Vans and many other sportswear brands in South Africa, for 3.3 ...
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News briefsIntersport Germany invests in fully automated, rebuilt and expanded central warehouse
The Intersport warehouse in Heilbronn, Germany, has reached its limits due to years of growth in product ranges, unit numbers, complexity and stock turnover. A massive investment in floor space and logistics software and hardware has significantly increased the purchasing community’s warehouse size: In addition to the existing building, a ...
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News briefsLululemon expands “Like New” resale program across U.S.
After launching its “Like New” pilot program last spring in 80 stores in California and Texas in collaboration with Trove, recognized industry experts in branded re-commerce, to support with resale technology and operations, Canadian athleisure brand Lululemon, which most recently expanded into the running and tennis markets, has expanded its ...
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News briefsDecathlon revises loyalty program
This month Decathlon is advertising its revised French loyalty program, Decat’Club, with a marketing campaign called “Coup de Projecteur,” which means something like “slide show” or “film showing.” Customers must sign up for a Decathlon account first, and any purchase made through the account will sign them up automatically for ...
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News briefsOutdoor retailer McTrek enables German fashion chain Adler to enter sporting goods segment
Germany’s Adler Modemärkte is cooperating with McTrek Retail GmbH to enter the outdoor product market with its more than 130 Adler stores in Germany, Austria, Luxembourg and Switzerland. Adler Modemärkte AG, a company that had been strong with private labels in the past, went into insolvency in 2021 and was ...
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News briefsNPD merges with IRI to create new global analytics and data provider
Information Resources, Inc. (IRI), a U.S.-based global company providing solutions and services for consumer, retail and media companies, and the market research firm NPD Group from New York, known as a provider of market information and advisory services in more than 20 industries, have signed a definitive agreement to merge ...
