Retail insights from the sporting goods industry – Page 6
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News briefsPIF seeks 50 percent of Selfridges
Saudi Arabia’s Public Investment Fund has reportedly offered to raise its stake in the department store chain.
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News briefsHibbett now under JD Sports Fashion’s umbrella
JD Sports Fashion completed the acquisition of Alabama-based sports fashion retailer Hibbett, Inc. on July 25, after Hibbett shareholders approved the deal at a special meeting on July 19 and all other outstanding conditions were met. “The completion of our acquisition of Hibbett is an important strategic milestone for us ...
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News briefsFoot Locker to open its first India store in Delhi
American athletic retailer Foot Locker will open its first brick-and-mortar store in India at the Nexus Select CityWalk Mall in Saket, New Delhi.
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News briefsShareholders approve sale of Hibbett to JD Sports
JD Sports has cleared the final hurdle in its $1.1bn takeover of US sports retailer Hibbett Sports.
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News briefsOnitsuka Tiger celebrates on Champs-Elysées
Days before the 2024 Summer Games begin, Onitsuka Tiger will start celebrating its 75th anniversary at the Hôtel Onitsuka Tiger in Paris.
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ArticleFrasers calls FY24 ‘a breakout year’ for future growth
Frasers Group, citing its strengthened brand partnerships and the ongoing execution of its “Elevation Strategy,” is eying £575–£625 million in annual adjusted profit before tax for the current fiscal year ending in April 2025.
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ArticleCraft cooperates with Galeria
Craft Germany, part of the Swedish New Wave Group, is further expanding its presence in German retail through a cooperation with Galeria: With a recently opened 80sqm space at Galeria Rosenheim, the brand presents its entire product portfolio from the categories running (footwear and apparel), bike, training and cross-country skiing. ...
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News briefsPacSun enters US men’s activewear market
American apparel retail brand PacSun has launched a 28-piece activewear line for men in the US, called A.R.C. (Active.Recreation.Comfort.).
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News briefsGymshark open up new London flagship store
British multinational sports apparel retailer Gymshark has opened its second flagship store in Stratford.
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News briefsPangaia opens first standalone UK retail store
Purpose-driven lifestyle apparel brand Pangaia has opened its first standalone store in the UK on Carnaby Street in the vibrant Soho district.
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News briefsPOC launches digital DTC flagship store
POC has launched a flagship DTC online store this June serving 35 countries in four languages and supporting 13 currencies.
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ArticleOn Running opens its 35th store globally – on Champs-Élysées
On is the latest of many brands to open a flagship store in Paris. The 35th store’s address is one of the most iconic in Paris: 65-67 Avenue des Champs-Élysées.
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News briefsDecathlon seeks to unify and improve its stores
Decathlon is beginning a universal store renovation program in Spain, specifically at the 8,000-sqm store in San Sebastián de los Reyes, on the northern outskirts of Madrid. Nine other stores will be following suit elsewhere in Europe and, in time, another 23 in Spain. Decathlon seeks to establish a circular ...
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News briefsSkechers expands retail presence in Spain
Skechers is expanding its retail presence in Spain under the guidance of retail property consultancy Newmark Retail. The American footwear brand is opening two flagship stores in Madrid and one in A Coruña. The new flagships in Spain’s capital city will be in the Parque Oeste and Rivas Futura shopping ...
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News briefsRossignol reopens store in Paris St-Germain
The Rossignol Group announced the reopening of its iconic store in Paris St-Germain after a complete renovation – and just in time for the upcoming 2024 Olympic Games in Paris. The store’s new layout is designed to provide visitors with an immersive and enriching experience. Key improvements include vibrant organic ...
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News briefsCastore opens first retail store in continental Europe
Castore has announced the opening of its first European store in Enschede, Netherlands. The British sportswear brand described the opening as the first step in delivering on its “retail strategy to open mainline stores in locations across Europe.” The Enschede store will stock a range of men’s and women’s performance ...
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News briefsParis 2024 megastore open on Champs-Elyseés
The flagship store for the official boutiques of the Paris 2024 Olympic and Paralympic Games is now open to the public on the prestigious Champs-Elysées avenue, more precisely on Place Clémenceau, next to the Grand Palais and the Concorde Urban Park. The Paris 2024 megastore features around 1,000 sqm of ...
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News briefsOnitsuka Tiger will open its first Spanish flagship
Asics’ Onitsuka Tiger brand will open a large flagship store in Barcelona at 27 Paseo de Gracia, Modaes.com has reported. It will be Onitsuka’s first store in Spain. The opening is scheduled for October/November, according to the report. The premises, currently occupied by an Ecoalf pop-up store, have a surface ...
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News briefsSpain’s FY23 in sporting goods
At its general meeting last month, the Spanish Association of Sporting Goods Manufacturers and Distributors (Afydad) reported several figures from the country’s sports market for the full year 2023, presented by Toni Amat, who leads the studies department at Interempresas and is editor of the platform’s magazine, Tradebike & Tri. ...
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ArticleDecathlon leaves Sweden, replaced by Swedish giant
A press release dated July 8 revealed the news that had been expected for several weeks: Decathlon will close its last Swedish door on July 21. The last store of the French giant will soon be occupied by a Swedish giant.
