Retail insights from the sporting goods industry – Page 71
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News briefs
Smartwool appoints new sales and e-commerce executives
Jennifer McLaren, CEO of Denver-based merino specialist Smartwool, has named two new executives for the brand’s sales and e-commerce departments. Corey Stecker, previously international general manager of sales and marketing, was promoted to global head of sales. He has been with Smartwool since 2016. In his new role, he assumes ...
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News briefs
Decathlon Spain partners with eco-food retailer Veritas
Decathlon Spain has partnered with Veritas, a Spanish chain of ecologic food markets, to expand its food offering, most typically focused on food complements for sports. As part of the agreement, the Decathlon Rivas-Vaciamadrid store in the Madrid area will be selling eco-food products from Veritas in a dedicated shop-in-shop ...
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News briefs
Sport 2000 expands specialization strategy to BeNeLux
Having already successfully implemented its specialization strategy with the Laufprofis for running and the Sneaker Force for sneaker specialists in Germany, Sport 2000 GmbH is now extending the strategy to other European countries, starting in the Netherlands, Belgium and Luxembourg. The necessary structures are created under the leadership of Gunther ...
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News briefs
Decathlon products in Manor department stores in Switzerland
Decathlon is consolidating its cooperation with the Maus-Frères group, which is its joint venture partner for Switzerland, by offering some of its private label items in ten of the group’s Manor department stores in the country and on the chain’s web store, starting with the outdoor segment. The move is ...
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News briefs
Consolidation in French sports e-tailing
Sport-guide.com reports that Lefreto, a French e-tailer that already owns three other sports-related transactional websites, has taken over Glisse-Proshop, a French multi-channel retailer that specializes in products for all kinds of boardsports, including surfing and snowboarding. Glisse-Proshop is more surf-oriented than Glisshop, another French e-tailer owned by Lefreto that covers ...
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News briefs
Lidl offers golf in more European countries
Complementin what we reported yesterday, Lidl has launched a comprehensive range of clothing and accessories for amateur golfers in more than just two European countries. The products are now available in France, Germany, the U.K., Ireland, the Netherlands, Finland, Sweden, Denmark, Belgium, the Czech Republic, Spain, Poland and Slovakia. They ...
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Article
Expanded: Lidl launches a golf range in many European countries
After offering sports products for fitness, running, cycling, winter sports and more, Lidl has now launched a comprehensive range of clothing and accessories for amateur golfers in many of its stores in several European countries: France, Germany, the U.K., Ireland, the Netherlands, Finland, Sweden, Denmark, Belgium, the Czech Republic, Spain, ...
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News briefs
An Austrian women’s soccer club wins a Sport 2000 team bus
In a campaign to support and appreciate the added value provided by local sports clubs to society, Sport 2000 searched for the most popular club among the 15,000 team sports clubs operating in Austria through an online poll. Among the nearly 100 teams that applied to participate in the challenge, ...
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News briefs
JD Sports invests in Gym King
JD Sports Fashion has announced the acquisition of a “significant” minority stake in Gym King. Founded in 2015 by Jay Parker, Gym King is a U.K.-based brand of athleisure and performance wear. The deal is supposed to support Gym King’s growth and international expansion in the U.S., Europe and Asia, ...
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News briefs
Asos warns of volatility ahead while global sales rise
Asos, the British online fashion retailer, warned of volatility in the months ahead, due to the rapidly evolving Covid situation worldwide, as it reported a rise in sales and maintained its guidance for annual profits. It pointed out that profits were being squeezed by increased freight costs and global supply ...
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Article
StockX reaches new milestones, thanks to diversification
In a mid-year Snapshot of its “Culture Index,” which was first launched last year, StockX reported a 90 percent increase in the gross merchandise value (GMV) going through its marketplace in the first half of 2021, led by a growth of 250 percent from “emerging categories” such as gaming consoles, ...
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News briefs
BrandFusion will sell Champion and O'Neill shoes in the Netherlands
A Dutch sales agency, BrandFusion, has agreed to include the footwear collections of Pantofola d’Oro, Champion and O’Neill in its product portfolio for the Dutch market, according to Sport Partner. These brands are licensed for various territories by the five-year-old Brandsplus Group, which is also the distributor of Fila in ...
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News briefs
Decathlon launches Tennis eSports at flagship store in London
Until Thursday Sept. 30, the Decathlon store in London Surrey Quays will present the world premiere of Tennis eSports, in partnership with VR Motion Learning. Customers will have a chance to play realistic virtual reality (VR) tennis in the 300-square-meter space that the store has specially devoted to the experience. ...
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News briefs
Decathlon becomes an official partner of Paris 2024
Decathlon has signed up as an official partner of the Paris 2024 Olympic and Paralympic Games. The leading French sporting goods retail chain will kit out the 45,000 volunteers who are expected to work at the Games in the French capital. The volunteers will wear eco-designed uniforms, specially created for ...
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News briefs
Arc’teryx opens new NY location, rebranding its Icon Stores as Arc’type
Located across from Central Park in the Upper West Side of New York, Arc’teryx Equipment has just opened a newly rebranded micro-store concept called Arc’type, centered around the brand’ s most renowned designs. It features a curated selection of just 22 items, ”specifically selected to help introduce guests to Arc’teryx ...
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News briefs
Sportmaster invests to popularize sports lifestyles in Russia
Sportmaster, the biggest sporting goods retailer in Russia, says it has built 825 sporting grounds in 76 Russian cities to make sports more accessible and popular for local citizens. The eventual target is to ramp up this figure to 1,000 sporting grounds in 100 cities. Sportmaster said that these sporting ...
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Article
One more step toward the sale of Go Sport
French anti-trust authorities have authorized the proposed takeover of Groupe Go Sport, one of the major sports retailers in France, by Financière Immobilière Bordelaise (FIB), a real estate-based investment fund controlled by a rich businessman in Bordeaux, Michel Ohayon, who has already acquired other retail operations in the country. Last ...
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Article
Danish Sportmaster fit for Nordic expansion
The Russian-based Sportmaster Group says that all the financial parameters were positive last year for the Danish sporting goods retail chain by the same name, which it took over in December 2019. Declining to provide any details about the subject, it also said that Sportmaster Denmark and its management team, ...
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Article
Better margins but lower sales and market shares for XXL
XXL ASA saw its revenues decline by 15.5 percent in the second quarter to 2,420 million Norwegian kroner €232.6m -$274.8m), as temporary store closures due to the Covid-19 pandemic and delays in the delivery of bicycles hit its top line. On a like-for-like basis, sales were down by 13.4 percent. ...
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News briefs
Alltricks opens a physical store in southern France
Alltricks, the French-based e-tailer controlled by the Decathlon group, has opened a branded physical store in the area of the Decathlon Village at Bouc Bel Air, between the French cities of Marseille and Aix-en-Provence. The new 450-square-meter store, inaugurated on July 6, specializes in the cycling, running, outdoor and triathlon ...