Retail insights from the sporting goods industry – Page 79
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News briefs
Nike products are sold on Lidl’s marketplaces in Germany and Spain
Nike has released the following statement in reaction to an article published on our website on Feb. 15: ”Lidl is not a partner in Nike’s marketplace strategy and we are not selling product to their business.” A spokeman for Nike would not say, however, whether it is in litigation with ...
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News briefs
Speedo partners with a Finnish retailer to promote swimming
Acting in cooperation with a Finnish retail member of Intersport, Speedo has signed a multi-year sponsorship deal with the Finnish Swimming Association. As part of the agreement, Intersport Sello will launch two online stores, one for active swimmers and other for recreational swimmers. The aim is to develop the position ...
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News briefs
Heyconnect is helping Fila with German marketplaces
Fila is entering the German marketplace business through Heyconnect, a start-up in Hamburg that helps brands establish an online presence. Heyconnect will be serving as the sports brand’s hub for the marketplace business, logistics, partner management and brand development in the country. Fila’s German foray is beginning with the e-tail ...
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Infographics & Data
Earnings - Q4 2020 Results XXL Group
This earnings briefing includes the highlights of the Q4 2020 Interim Report of XXL Group
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News briefs
Adidas introduces new Terrex goggles
Marcolin, which has replaced Silhouette as the eyewear licensee for Adidas. has introduced two new Adidas Terrex snow goggles with interchangeable lenses. E-Sun’s Varia and Kolor Up lenses are both toric, but Varia adjusts to ambient light through three categories of sun protection categories within 40 seconds, while Kolor Up ...
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Article
Sport 2000 launches sneaker.de
Sport 2000 has launched a new website, sneaker.de, as a content platform to jointly promote the products offered in the sneaker stores affiliated with the German buying group. The platform is designed as a pure content platform, not as a web store. For example, product news, campaigns and interviews, a ...
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News briefs
Nike opens a concept store at Citadium Paris
Nike has opened a concept store, called “Nike by Haussmann,” on the third floor of the Citadium lifestyle-oriented department store at 50-56 rue Caumartin, near Boulevard Haussmann in central Paris. The 615-square-meter mono-brand store occupies the totality of the floor space. Although it offers both men’s and women’s products from ...
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Article
New retail initiatives by VDS, Internetstores and Intersport
Triggering new initiatives, the retail sector has been reinventing itself in Germany following the retail lockdowns ordered by government authorities to minimize contamination from the Covid-19 virus. A couple of interesting examples were presented during the workshops and conferences given as part of the new ISPO Munich Online event. ...
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News briefs
Zalando joins the Ellen MacArthur Foundation
Zalando has joined a circular economy network by becoming a member of the U.K.-based Ellen MacArthur Foundation. The German online retailer said that the collaboration is in line with its commitment to apply the principles of circularity and extend the life of at least 50 million fashion products by 2023. ...
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News briefs
Pentland Connect cross-brand ordering platform attracts 1,200 retailers
With online shopping picking up during the coronavirus pandemic and retailers adapting to an unpredictable retail climate, Pentland Brands has expanded its B2B online offering through its Pentland Connect platform for retail clients. Retailers can now order products from across the brand’s portfolio 24/7. According to the group, since its ...
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News briefs
Didriksons pop-up in Paris
As reported by Sportfack, Didriksons is opening a temporary showroom in the Le Marais district of Paris at 12 Rue Notre-Dame de Nazareth. Didriksons’ offering has been available to French customers for a little over a year, but only through e-commerce at didriksons.com. The brand, founded in 1913 in Grundsund ...
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News briefs
Intersport Austria stretches payment terms for members
Due to the negative development of the winter season caused by the pandemic in Austria’s tourist regions, Intersport Austria has set up extensive support measures for its affiliated dealers. It is granting a 12-month deferred payment to more than 100 of them for all deliveries of winter goods from its ...
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Article
Intersport’s global retail sales fell by 9% in 2020
Intersport International Corp. (IIC) reports a drop of around 9 percent on a currency-neutral and store-adjusted basis in its members’ retail sales across the world during 2020, but expects a rebound in the spring. In terms of euros and with The Athlete’s Foot (TAF) excluded, total retail sales fell by ...
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News briefs
Adidas among top 100 most sustainable firms, although down in the ranking
Adidas has been named among the most sustainable companies in the world in the global Corporate Knights 2021 ranking, an annually updated index of the Global 100 most sustainable corporations in the world. Adidas took the 76th spot with an overall score of 59.6 percent, down from the 55th spot ...
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News briefs
Amazfit smatwatches now on sale at Argos stores in the U.K.
Argos is the first nationwide retailer in the U.K. to become an authorized dealer of Amazfit products. The products on sale at Argos stores are limited for now to four of the company’s newest smartwatches: the GTS 2, the GTS 2 mini, the Neo and the GTS 2e. First launched ...
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News briefs
Tennis-Point opens second Spanish physical store
Diversifying from e-tail, Tennis-Point has opened its second brick-and-mortar store in Spain. This one is located on a premium thoroughfare – the Passeig de Gràcia – in the city of Barcelona, covering some 600 square meters. It will operate on an omni-channel model with a staff providing personalized advice. Tennis-Point’s ...
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News briefs
Adidas introduces extra-light golf shoe
Adidas has unveiled the new ZG21 spiked golf shoe. The new shoe is said to weigh 20 percent less than any previous spiked model sold by the brand. This is made possible by a cushioning that is 40 percent lighter than the typical EVA foam in the market. The ZG21 ...
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Article
Google probed again by the EU
Google is under dual investigations in the European Union for allegedly abusive practices in its advertising business. This month, according to Reuters, anti-trust regulators for the EU have sent to a number of advertisers a 13-page questionnaire regarding the “Include Google Display Network” default setting for search campaigns on Google ...
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Article
Record market capitalization for Zalando as it expands in the Nordics
Zalando’s Connected Retail program has attracted many retailers in the Nordic countries, where it has been expanding recently its reach among consumers, notably with the creation of a dedicated Swedish website. Without specifying how many of them are sports stores, a spokesperson for the company said it has now around ...
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Article
Boohoo, Asos make moves on major U.K. retail assets
Boohoo, the growing British online fast-fashion retailer has acquired the intellectual property assets of Debenhams, the oldest and biggest department store in the U.K., for £55 million (€75.3m-$69.1m) in cash, plus value-added tax. The takeover includes Debenhams’ big internet marketplace with the related customer data, contracts and other business information, ...