Retail insights from the sporting goods industry – Page 75
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ArticleA drop of 9% at Sport 2000 International
Sport 2000 International reports a decline in the retail sales of its affiliated members of almost 9.0 percent in terms of euros to €4,326 million in 2020, due to the pandemic. The figure includes VAT and applies to the 3,615 stores managed by retailers in 22 countries by the end ...
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News briefs
German retailers seize the Constitutional Court over the lockdowns
A group of ten German retailers including Intersport, Engelhorn and Rose Bikes have sued the German federal government in the country’s Constitution Court over its strict anti-Covid lockdown regulations. The current measures prevent the opening of so-called “non-essential” retail stores, including sporting goods retail shops, in areas where more than ...
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News briefs
Hervis has a new CEO
Hervis Sport, the Austrian sports retail chain, has appointed Oliver Seda as its new CEO, effective Oct. 1. He takes over from Werner Weber, who will leave Hervis at the end of the year based on a transitional arrangement that began after the sudden departure of the previous CEO, Alfred ...
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News briefs
E-commerce helps Decathlon Germany to grow by 1.2%
Despite the restrictions imposed by Covid-19, Decathlon was able to increase its net sales in Germany by 1.2 percent in 2020 as compared to the previous year. They reached €667 million, generating operating income (Ebit) of €10.8 million. In addition to the growing digital business, which represented 28 percent of ...
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News briefs
Sport Zone will host an online marketplace
Over the coming months, the Iberian Sports Retail Group of JD Sports Fashion will be setting up a marketplace for Sport Zone, under whose banner more than a hundred physical stores are operating in Portugal and the Canary Islands. The group hopes to replicate the success of its Sprinter marketplace, ...
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News briefsKeller Sports starts Brand City Clash, gets innovation award
Keller Sports, the fast-growing German online retailer for premium sports products and services, is organizing a special multi-sport challenge, the “Brand City Clash by Keller,” in five German cities - Würzburg, Dresden, Münster, Freiburg and Munich - with the help of five brands for the first time this summer. In ...
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News briefs
Decathlon launches its first pop-up store in Russia
Decathlon has opened its first point of sales in a pop-up store format in Russia. Located in the Nagorny district of Moscow, it is expected to operate for a limited period of five months in partnership with the Russian ADG real estate group. Decathlon explained that the new format would ...
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News briefs
Martes launches new Martes Sport Pro concept
Martes Sport has branded or rebranded 70 stores as Martes Sport Pro, expanding the offer of sports equipment and enhancing the customer experience. The leading Polish sports company has opened 28 new stores since March 2020 in Poland, the Czech Republic and Romania with a total area of more than ...
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Article
Improving results at retail in Japan
Improving results have been reported by the three major Japanese sports retailers. Xebio finished its own fiscal year on March 31 with a second sequential quarterly increase in revenues, but not enough to offset previous declines. Its net income for the full financial year inched up to ¥412 million (€3.1m-$3.8m) ...
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Article
Intersport Austria’s retail members regain their shares
The retail members of Intersport Austria will regain ownership of the shares in their national cooperative, which had been transferred to Intersport Germany in 2013 on an interim basis. The aim at the time was to provide the Austrian retail organization with economic support following the pull-out of its largest ...
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Article
Topsports’ annual revenues grew by 7%
Topsports, the leading Chinese sports retailer and distributor, which previously belonged to Belle International, has reported a 20 percent increase in net income to 2,770.1 million yuan renmimbi (€355.0m-$401.5m) for the financial year ended Feb. 28 on a 7 percent increase in sales to RMB 36,009 million (€4,014.0m-$5,218.7m). The gross ...
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News briefs
Foot Locker opens a flagship store in Barcelona’s Plaza Catalunya
Foot Locker has announced the opening of a 550-square-meter store at 20 Plaza Catalunya, the main square in the heart of Barcelona. Covering two floors, the new store has a special focus on sustainability and art, with mannequins made from reused sneakers and original store artwork inspired by the diversity ...
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News briefs
Decathlon France is testing an in-store “sport and health” corner
Decathlon is testing an interactive “educational corner” on sport and health, with a focus on connected devices, at its main Decathlon Campus in Villeneuve d’Ascq, in the north of France. The new space is meant to allow customers to benefit from personalized advice about how to improve their lifestyle in ...
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Article
After rising by 83.1% in Q1, Foot Locker will downsize its U.S. fleet
After phasing out Runners Point in Germany, the Foot Locker group is now planning to phase out its mall-based Footaction chain in the U.S. About two-thirds of its 230-odd stores will be closed over the next couple of years as leases expire, while the others will be converted to the ...
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News briefs
Google to open in NYC its first permanent retail store
Google is opening its first permanent retail store this summer at the company’s Chelsea campus in New York City, which is already home to many of Google’s 11,000-plus NYC employees. Google has not announced a date for the opening. The store will sell a variety of products, from Pixel phones ...
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News briefs
Decathlon plans to introduce franchising in Switzerland
Decathlon is further expanding its activities in Switzerland, while introducing the concept of franchising in mountain areas. According to Swiss media reports, a first franchise store is to open in Valais in the winter of 2022. Decathlon also intends to generate further growth in its wholesale business. Since mid-2020, the ...
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News briefs
Decathlon plans to expand further in Italy
Decathlon has plans for eight new stores in Italy by the end of the year, four of which have already been inaugurated. The new stores are located in Asti, Bologna, Lonato del Garda (Brescia), Ponte nelle Alpi (Belluno) Roma Ostiense, Taranto, Trapani and Venaria (Turin). The new openings, which also ...
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ArticleSigna is negotiating to use the Padel-Point name in Spain
Signa Sport United is in negotiations to overcome a stumbling block to the use of its Padel-Point brand in Spain. As we reported in March, there already exists a pádel club called Padelpoint (no hyphen) – with an accompanying e-commerce site, padelpoint.es – in La Nuncia, just outside the Valencian ...
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News briefs
Hervis proposes online video consulting
To come closer to the customer, the Austrian sports retailer Hervis Sports is supplementing its omnichannel service offering with a personal video consultation, especially in product areas that require a lot of advice, like skis and bikes. Working together with SPAR ICS, the IT subsidiary of its parent company, SPAR, ...
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Infographics & DataEarnings - Q1 2021 Results Adidas
This earnings briefing includes the highlights of the Q1 2021 from Adidas.
