Retail insights from the sporting goods industry – Page 68
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News briefs
IIC hires a Salomon executive as GM for mountain sports
Intersport International Corp. (IIC) has officially announced the appointment of Denis Levet, who has worked for Salomon since 2004, as the retail organization’s new general manager of mountain sports. The 44-year-old French native, who started his career at Decathlon 18 years ago, will replace Matthias Klopfenstein in the role next ...
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News briefs
Driven by DTC and online, Norway’s sporting goods market grew by 16.5% in 2020
While exceeding 10 percent, the growth in Norway’s sporting goods industry from 2019 to this past January was too low – or so says Trond Evald Hansen of the Norwegian Sports Industry Association. Hansen’s calculations are more comprehensive than those compiled by various organizations in some other countries, as they ...
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News briefs
French sports marketplace raises funds to help it internationalize
Colizey, a French marketplace for sporting goods launched in 2019, is planning to move abroad in 2022, following a new round of financing worth €8 million. Existing and new investors such as Teddy Riner, the French judo champion, have participated in the fund-raising, joining the French-American basketball champion Tony Parker ...
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News briefs
Zara launches the Zara Athleticz men’s label
Zara has been selling some sports clothing in the past. This time, the international fast-fashion retailer owned by the Inditex group has decided to launch a full-fledged line of activewear for men under the Zara Athleticz (sic) label, starting on Sept. 30 on its web store and at selected physical ...
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News briefs
Courir buys a Danish-based sneaker retailer catering to women
Courir, the international French-based athletic footwear chain sold by Groupe Go Sport to Equistone Partners Europe at the end of 2018, is taking over Naked Copenhagen, an international online and offline retailer speicializing in top-tier releases of sneakers and streetwear for young women. The price of the transaction has not ...
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Article
JD raises FY guidance after record-setting H1 profits
JD Sports Fashion reported a profit before exceptional items and taxes of 439.5 million pounds (€515.1m-$608.8m) for the first half ended July 31, up sharply from £61.9 million in the same period a year ago, as acquisitions, the U.S. government’s stimulus package and pent-up demand allowed it to rebound strongly ...
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Article
Zalando helps Athleta to expand to Europe
Athleta, the American direct-to-consumer women’s activewear brand owned by Gap, is partnering with Zalando to help reach new customers in Europe through its extensive digital reach and its personalized customer experience. The partnership will also help Zalando to expand its presence in sports fashion and the sports category in general. ...
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News briefs
Fútbol Emotion and Unisport launch lifestyle apparel
Evidently reacting in part to past and possible Covid-related restrictions on attendance at team sports matches, two European team sports retail specialists have launched more ordinary clothing lines. Fùtbol Emotion, the Spanish sports equipment retailer headquartered in Zaragoza, has launched After 90, a new clothing line for football enthusiasts who ...
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Article
JD adopts the OOOOO video commerce platform
JD Sports Fashion has started an exclusive partnership in the U.K. with OOOOO Entertainment Commerce to develop market-leading video commerce content on its young rapidly growing platform. OOOOO describes itself as a technology platform that enables retailers, brands and influencers to share product-based opinions directly to consumers through live, interactive, ...
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News briefs
Tennis-Point opens an expansive flagship in Madrid
As Tradesport reports, Tennis-Point has opened a large physical flagship store in Madrid, not far from the Bernabeu football stadium, as part of its multi-channel proposition. At about 1,200 square meters, it is twice the size of the store in Barcelona proper – the Catalonian city’s largest racquet and paddle ...
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ArticleExpanded: First financing for a new, sustainable online marketplace for sports goods, Planetics
A Munich-based startup, Planetics, has successfully closed its first financing round for its online marketplace for sustainable and fairly produced sporting goods. The exact investment sum was not disclosed, but the founders indicated a “six-figure” range of between €100,000 and €999,000. The capital raised will primarily be used to further ...
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News briefsDecathlon’s communication director has passed away
We deeply regret the death on Sept. 5 of Xavier Rivoire, who has been in charge of international communication for Decathlon in the past few years as Decathlon United Media Leader. He was 53 years old. The cause of his death has been described as having been “brutal.” Rivoire joined ...
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News briefsUnder Armour partners with El Corte Inglés for its new sports-focused store in Barcelona
Under Armour has opened a new 500-square-meter space in the centrally located department store of El Corte Inglés at Portal del Angel in Barcelona, which is being remodeled to focus on sports brands, with UA acting as the main partner. It also hosts the first Nike Live store in Europe, ...
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News briefs
Italy’s Maxi Sport is entering Milan
After circling the city with its sports mega-stores in the last few years, Maxi Sport is gearing up to open its first store inside Milan in November, covering 4,000 square meters in its district of Trezzano sul Naviglio. A specific area of the store will be dedicated to basketball, streetwear ...
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ArticleA new CEO for SportScheck
Signa Retail has appointed Matthias Rucker, a partner of the Boston Consulting Group, as the new CEO of SportScheck, in replacement of Thomas Wanke. Starting on Oct. 1, he will be tasked with expanding the digital transformation of the German sporting goods retail chain into an experiential platform for sports ...
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News briefs
Vans launches a virtual environment for customization, play
Vans is launching a game on Roblox, a virtual environment and platform for multi-player video games. Vans World, as the new interactive game is called, combines skateboarding, fashion and networked gaming. Players can use it as a tool with which customize any of four Vans shoe silhouettes or as a ...
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News briefs
Lamoda expands the number of sporting goods suppliers
In the first half of 2021, Lamoda, the Russian clone of Zalando, signed new contracts with a group of sporting goods suppliers including Kettler, Garmin and Peak Performance. In total, more than 400 new fashion and lifestyle brands also joined Lamoda in the first half of the year, including Massimo ...
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News briefs
Wilberries sees big boom in online sales of sporting goods in Russia
Wildberries, the largest online retailer in Russia, reported an 85 percent increase in sales of sporting goods over the internet between the beginning of May and mid-August. In particular, the demand for electric scooters doubled. Electric bicycles were also among the bestsellers. Sales of all kinds of bicycles climbed by ...
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Article
New hurdles in JD’s takeover of Footasylum
Leaving the door open for other comments by Sept. 16 before making a final decision in October, the U.K. Competition and Markets Authority (CMA) restated on Sept. 2 its provisional ban on JD Sports Fashion’s already completed acquisition of the Footasylum, in spite of criticism expressed by the Competition Appeal ...
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Infographics & DataThe largest Sports Equipment Brands 2020
This chart shows the revenue development of the 41 major global sports equipment brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
