Retail insights from the sporting goods industry – Page 8
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News briefs
JD Sports maintains Ebit guidance but cites volatile environment
The UK-based group maintains its annual profit outlook amid global volatility, reporting solid Q2 growth driven by strong European, North American and Asia-Pacific sales.
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News briefs
TechnoSport expands footprint with 15 new stores across South India
The Indian activewear brand aims to solidify its position in the competitive activewear segment.
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News briefs
StockX resale report: Asics soars 589% in 2024 as sneaker resale market evolves
While traditional powerhouses like Nike and Jordan have experienced a decline, challenger brand Asics has seen almost 600% growth in resale.
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Article
Decathlon invests €100m to expand presence in India
The retailer wants to deepen its roots in the fast-growing Indian market and plans to expand its physical and digital presence accordingly.
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Article
Premiere for XXL’s new concept as chain opens new department store
According to the company’s new concept, the concept means a more modern and efficient shopping experience.
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News briefs
Foot Locker reopens NYC flagship, introduces Home Court concept
Foot Locker is set to reopen its flagship on 34th Street on Aug. 22, marking a key step in the company’s global retail strategy.
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Article
Intersport Sweden gets new owners
Adelis sells its shares to a consortium of management, existing minority shareholders and new investors.
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News briefs
US brand Brendratti makes its European debut
The luxury clothing brand celebrates its debut on the continent from Italy.
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News briefs
American Golf partners with Go Outdoors
The UK-based retailer launches a first 280sqm concession at Go Outdoors in Gloucester on Aug. 22.
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Article
New CEO at Intersport Austria
The group appointed Franz Koll as CEO, succeeding Thorsten Schmitz, who served in the position for the past eight years.
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News briefs
Amazon signs deal with Tiktok to sell on its platform
The agreement enables Amazon to sell products via ads without users having to leave the app.
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Article
Decathlon leverages Paris 2024 partnership for sales growth and increased brand presence
Decathlon’s partnership with the Olympics increased sales, brand awareness and community engagement – and resulted in six medals.
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News briefs
New COO for Intersport Germany
Henriette Tesch takes over from Frank Geisler as COO of Intersport Germany and will promote future growth and sustainability.
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Article
Ukrainian sporting goods market on a rollercoaster ride
The Ukrainian sporting goods market has shrunk considerably due to the war; sales and imports are far below pre-war levels, and recovery is uncertain, even if military orders bolster wholesale.
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News briefs
Xebio’s Q1 operating profit rises by 47 percent
Profit attributable to the parent increased by 40 percent in Q1 to ¥2,785 million (€17.3m).
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News briefs
Japan’s Alpen Co. sees annual operating profit tumble
The Japanese sporting goods retailer experienced a 34% decline in annual operating profit over the 12-month period ending June 30.
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News briefs
Alo Yoga opens new flagship store in London
The US activewear brand continues its global expansion by opening a second London flagship store.
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News briefs
Nike and JD Sports roll out connected loyalty program to the US
The companies are expanding their connected loyalty program to the US to enhance the customer experience and underscore JD Sports’ growth ambitions in North America.
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News briefs
JD Sports store in London Stratford is the chain’s top performer
The newly refurbished store achieves the retailer’s highest turnover globally.