Retail insights from the sporting goods industry – Page 61
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Article
Strong global growth and positive outlook for Intersport
Retail sales grew by 20.7 percent in 2021 to a new record of €12.2 billion (including VAT) for the retailers affiliated with Intersport International Corp. (IIC). In terms of local currencies, sales went up by 19.4 percent for the year, with growth of 20.4 percent in the second half after ...
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Article
Barbara Martin Coppola will run Decathlon worldwide
Decathlon has announced the appointment of Barbara Martin Coppola as the group’s new CEO, starting in mid-March. The 45-year-old French and Spanish binational will take the place of Michel Aballea, who has held the helm of the world’s largest sporting goods retailer since 2015. “The current good health of Decathlon ...
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News briefs
A new boss for Euretco Sport
On Feb. 1, Olaf de Boer will become the new general manager of Euretco Sport, taking the place of Jan Willem Juffer, who is taking a new position as CEO of ANWB Retail. Euretco Sport is the Dutch franchisee for Intersport and The Athlete’s Foot, and it runs the Runnersworld ...
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Article
U.K.-based American Golf grows strongly
American Golf, which claims to be the largest golf retailer in Europe, has reported an exceptional 55 percent increase in revenues for the fourth quarter of 2021 as compared to the same period of 2019, indicating that the Covid pandemic has given a strong impulse to the game of golf. ...
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Decathlon strikes new online retail partnerships in Switzerland and the U.K.
We have already reported on Decathlon’s partnerships with other retailers, including Fnac in France and Switzerland, Manor in Switzerland and Walmart and Target in the U.S. A Swiss online retailer, Galaxus, has now agreed to offer some of Decathlon’s private label products on its own platform, starting with the Swiss ...
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Article
Sport 2000 creates “clubs” for different sports
The concept may be rolled out to other countries at a later stage. For the moment, generalist retailers affiliated with Sport 2000 in Germany who can demonstrate “qualitatively demanding standards” in the focus categories of outdoor, running, fitness or lifestyle can now become part of a new cooperation concept under ...
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News briefs
Bike24 launches online shops in Italy and France
As part of its international expansion, Bike24, a German-based e-commerce bike platform listed on the stock exchange since mid-2021, has launched country-specific webshops in France and Italy, two major European cycling nations. It previously made a similar move in Spain, more than doubling its sales in the country. The company ...
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Decathlon closes its U.S. stores but remains in the country
Decathlon has announced that it will close its only two existing stores in the U.S. – both located in the Bay Area of San Francisco – at the beginning of this year, while focusing on sales online and continuing to work through a growing number of retail partners - including ...
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Snowy winter supports sporting goods sales in Russia
In some Russian regions, consumer activity in the sporting goods market has nearly doubled thanks to snowy winter conditions during the current winter season. It has been particularly strong over the online channel. Ilya Titarenko, director of the distribution department of Sportmaster, the country’s leading sporting goods retailer, confirmed that ...
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Nike reviews changes in its distribution apparatus
On Jan. 19 Nike published a run-down of the changes it has made to its supply chain since mid-2020, when “consumers across all segments immediately shifted to digital engagement.” The company refers to this digital direct-to-consumer (DTC) operation as the “Sole Train” – no doubt a punning reference to Soul ...
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News briefs
Sporting goods retailers hit by the unrest in Kazakhstan
Sportmaster and other retailers in Kazakhstan suffered losses of around 25 billion tenges (€50.5m -$57m) from marauders as part of the recent civil unrest in the country, the Union of Trade Networks of Kazakhstan said in a statement on its website, adding that this data is preliminary. The National Chamber ...
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News briefs
TheDrop.com hires a chief merchandising officer
TheDrop.com, a Las Vegas-based online lifestyle marketplace that targets Millennials and Gen Z, has hired Scott Keating to fill the new post of chief merchandising officer. He will be managing relations with the 300-odd brands and retail shops that sell through the company, including Nike, Roxy, Supreme and Volcom. .Keating ...
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News briefs
Urban Outfitters launches its own activewear line
According to media reports, the international Urban Outfitters chain is one of the retailers that has been cut off by Nike. The company has reacted with a launch of its own line of activewear styles for women, called Frans Sport. It consists of 40 styles, all made with recycled polyester ...
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News briefs
JD to sponsor an e-sports team
JD Sports Fashion is the new sponsor of Excel Esports, whose team competes in tournaments for such video games as FIFA, Fortnite and League of Legends. JD is replacing BT Sport, a provider of pay-to-view sports on TV in the U.K. Terms have not been disclosed. Excel’s e-sports players will ...
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Article
New memberships and online sales support Sport 2000 Austria’s growth
Sport 2000 Austria looks back on a rather successful calendar year 2021, considering the circumstances, growing for the second year in a row during the pandemic. The turnover figures for 2021 were better than expected, and according to the buying group’s CEO, Holger Schwarting, the positive development should continue in ...
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New communication strategy for Decathlon in Germany
Decathlon is rolling out a new brand campaign in Germany, developed in collaboration with the Avantgarde agency, that aims to move the perception of the international retail brand’s market positioning from that of a pure supplier of products to that of a service-oriented platform with an emotional touch. We could ...
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Article
Tennis-Point to run a pro shop in Spain
Tennis-Point has struck a four-year deal to take charge of and operate under its own banner the pro shop at a well-known Spanish tennis academy, the Emilio Sánchez Academy in El Prat de Llobregat, a municipality outside the city of Barcelona. The deal could lead to other pro-shop opportunities for ...
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News briefs
Nike links up with China's Pou Sheng for customer memberships
Nike will link consumer membership data with Pou Sheng, the Chinese retailer owned by Yue Yuen, which operates Nike stores in more than 300 cities, serving about 150 customers each year. In an arrangement that resembles Nike’s recent member sharing deal with Dick’s Sporting Goods, the biggest sports retailer in ...
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News briefs
Backcountry launches Shaun White’s Whitespace brand
Backcountry, the U.S. retailer that owns Germany’s Bergfreunde, has teamed up with the pro snowboarder Shaun White for his new Whitespace brand of hardgoods and apparel. Backcountry will act as the exclusive retailer for Whitespace, kicking off the partnership with a limited-edition Whitespace Freestyle Shaun White Pro signature snowboard. Each ...
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Decathlon deepens its collaboration with Manor in Switzerland
Customers of the Swiss Manor department store chain can now purchase more Decathlon products on Manor’s web stores and in new shop-in-shops installed at some of its brick-and-mortar stores. Starting on April 1, the Manor department stores in Fribourg, St. Gallen and Zurich Letzipark will feature dedicated Decathlon areas of ...