Retail insights from the sporting goods industry – Page 96

  • News briefs

    Adidas will sponsor Leeds

    2020-02-11T09:51:00Z

    Adidas will replace Kappa in the 2020/2021 season as the kit sponsor of Leeds United. The deal with Kappa was set to expire at the end of this season. It will be the first time that Leeds wears Adidas. Leeds’ kit was previously supplied by Nike, Umbro, Admiral, Asics, Puma, ...

  • News briefs

    New action by Adidas for the environment

    2020-02-11T09:45:00Z

    Adidas has announced a new milestone for 2020, as more than 50 percent of the polyester used in its products will come from recycled plastic waste, said the company. This means that the sportswear giant will be on track to meet its goal of using only recycled polyester in all ...

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    Article

    The German Cartel Office blesses Signa’s takeover of SportScheck

    2020-02-10T21:35:00Z

    Following a comprehensive investigation, the German Cartel Office has concluded that the planned acquisition of SportScheck by the Austrian-based Signa Retail Group via its Galeria Karstadt Kaufhof subsidiary can go ahead as the new conglomerate resulting from the transaction will have a market share of less than 15 percent in ...

  • XXL
    Article

    XXL looks for new funds, launches massive clearance

    2020-02-10T21:04:00Z

    XXL ASA is still stuck in a downward spiral and is taking drastic steps to try and stop it, including a search for new “sustainable” sources of liquidity other than new equity. A decision in this respect is expected to be taken during the present quarter, said the management, declining ...

  • Article

    Swedish and Finnish retailers were better off

    2020-02-10T20:16:00Z

    According to preliminary figures, retail sales of sporting goods declined more or less by 0.7 percent in Sweden and by 0.3 percent in 2019, compared with a drop of 3.5 percent in Norway. 

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    Article

    Sport 2000 increases cross-border cooperation

    2020-02-10T20:11:00Z

    Reporting growth of 8 percent in retail sales to €4.94 billion including VAT across Europe in 2019, driven by Germany, Sport 2000 International is working on creating a more integrated, vertically oriented retail service organization with a strong international brand, offering new and flexible ways to approach consumers.

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    Article

    First Sport 2000 Absolute Teamsport store opened in Austria

    2020-02-10T20:08:00Z

    The first Austrian store under the umbrella of the “Absolute” business concept developed by Sport 2000 International opened its doors on Feb. 6 in the Weberzeile shopping mall in Ried im Innkreis. With an area of 250 square meters, the new Absolute Teamsports specializes exclusively on team sports.

  • Intersport-Logo-220px
    Article

    Intersport grows by 3 percent in the 5-country group

    2020-02-10T20:04:00Z

    Intersport Germany has made a strategic decision to concentrate on fewer brands that can “tell a story” to counter the rapid expansion of Decathlon in its territory. In collaboration with Adidas, it is launching in March an emotional, youth-oriented brand-building campaign around running for German television, to be followed by ...

  • Article

    Skechers invests in omni-channel

    2020-02-10T19:14:00Z

    In reporting a strong 23.1 percent increase in overall revenues to $1,330 million for the fourth quarter of 2019, Skechers’ management revealed that it is developing a new omni-channel retailing platform where its brick-and-mortar stores will be more integrated with its e-commerce operations.

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    Infographics & Data

    Infographic - The Top 3 Sporting Goods Retailers in Norway

    2020-02-07T18:31:00Z

    This exclusive chart shows the market share development of the top 3 sporting goods retailers in Norway over the past 10 years (2009 to 2018). This is exclusive data and analysis for Premium Members.

  • INTERSPORT_Future-Store_Tegel
    Article

    Accelerating, Intersport launches a “Heart of Sport” brand platform

    2020-01-25T22:48:00Z

    Continuing the progress already achieved, Intersport International Corporation reports an overall sales increase of 3.2 percent for its affiliated sports retailers around the world in 2019, reaching a total retail turnover of €12.3 billion after VAT in terms of euros and recovering from growth of only 0.7 percent in the ...

  • Article

    ANWR grows by over 50%, up bt 9.6% in sporting goods

    2020-01-25T22:42:00Z

    The ANWR Group, the big international cooperative of independent retailers based in Mainhausen near Frankfurt that controls Sport 2000 and other franchised chains in various countries, proudly boasted an increase of almost 54 percent in its total business volume to €14.6 billion in 2019. The year marked the 100th anniversary ...

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    Article

    The green bona fides of Adidas

    2020-01-25T22:13:00Z

    This year, for the first time, more than half of the polyester in Adidas products will derive from recycled plastic waste. If things stay on track, moreover, by 2024 Adidas will be using recycled polyester exclusively whenever it is applicable. Adidas has been working on a number of other sustainability ...

  • Article

    Sportmaster employs AI to improve retail network’s effectiveness

    2020-01-25T22:11:00Z

    The biggest Russian sporting goods retailer has adopted artificial intelligence, using algorithms supplied by a Kiev-based IT company, Softline, in a bid to streamline the internal logistics network. Softline has supplied the hardware and a software system, Nvidia DGX-2, whose performance can be compared to that of dozens of servers.

  • Article

    Decathlon opens its first stores in Luxembourg and Kazakhstan

    2020-01-25T22:09:00Z

    Decathlon will open its first store in Luxembourg, located in the Royal-Hamilius shopping mall, during the first quarter of this year. It will be a “Decathlon City” concept store, with a relatively small area of 630 square meters, spread over two floors.

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    Article

    New round of financing for France’s Snowleader

    2020-01-25T21:43:00Z

    Snowleader, the leading French online retailer of winter sports and outdoor products, says it has collected €10 million in new financing from three institutional investors, including a fund owned by the BNP Paribas bank, to help pursue its international omni-channel strategy.

  • News briefs

    Fusalp opens three pop-up stores

    2020-01-25T10:29:00Z

    Fusalp will have three new pop-up stores set up in three countries over the next weeks. The temporary “corner” in the men’s department at Le Bon Marché, the department store on the Left Bank of Paris, will be open through March 1; the pop-up at the Reel Mall in Shanghai ...

  • News briefs

    Sportspar continues its internationalization

    2020-01-25T10:28:00Z

    Sportspar.de, the German online outlet shop for surplus sports products, continues its internationalization. Having starting with internet-based factory outlet shops for France (sport-outlet.fr), Italy (Scontosport.it) and Benelux (sport-korting.nl), it is now setting up similar shops for the markets of Spain and Poland. Spain should go online in the first quarter ...

  • News briefs

    Andreas Heep leaves Adidas

    2020-01-25T10:02:00Z

    Andreas Heep, senior director of sales for fashion products in Central Europe at Adidas, has left the company at his own request, after working there for 22 years. He is said to want to follow new projects in the future. His successor is Philip Clas, who has been with the ...

  • News briefs

    Zalando completes construction of two buildings

    2020-01-25T09:55:00Z

    In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...