Retail insights from the sporting goods industry – Page 98
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News briefs
Tradeinn was expecting to close out 2019 with about €150...
Tradeinn was expecting to close out 2019 with about €150 million in sales. The Spanish online retailer of sporting goods has instead achieved €188 million, for a leap of 40 percent from the previous year. According to the founder, David Martín, the group was already looking past its stated target ...
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News briefs
On Running is said to be planning to open its...
On Running is said to be planning to open its first store worldwide in New York sometime next year. Servicing more than 6,000 points of sale in over 50 countries, the fast-growing, nine-year-old Swiss brand of running shoes already has subsidiaries in the U.S., Japan, Australia and Brazil.
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News briefs
Snowleader, the French online retailer for ski and outdoor products,...
Snowleader, the French online retailer for ski and outdoor products, is expanding into the Italian market, with a dedicated web store in the Italian language offering more than 18,000 products, including local brands like Montura. It's the eighth market for the Annecy-based company, after France, the U.K., Belgium, Switzerland, Germany, ...
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News briefs
JD Sports is working on the opening a flagship store...
JD Sports is working on the opening a flagship store in Paris. Located on the central rue de Rivoli, occupying nearly 2,000 square meters on the premises of a former H&M store. The current work on the site is said to be schedule for completion by next May. France is ...
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News briefs
Fusalp is opening a new shop in Paris, not far...
Fusalp is opening a new shop in Paris, not far from the Eiffel Tower. The new shop follows another Parisian store on boulevard Beaumarchais, between Bastille and République, opened in mid-October. Fusalp posted revenues of €16.6 million for the financial year ended on May 31, representing a 49 percent increase, ...
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News briefs
The North Face will open the first mono-brand store in...
The North Face will open the first mono-brand store in Russia in cooperation with a local retail partner, Inventive Retail Group, occupying 160 square meters in the Galereya Mall in St. Petersburg next March, the company told the local press. The group plans to open a total of 10 TNF ...
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News briefs
In a counterpoint to XXL Sport, the Norwegian sports retailer...
In a counterpoint to XXL Sport, the Norwegian sports retailer that is operating in Denmark only through a web store, Magasin du Nord, the Danish department store, is reaching out to Swedish customers with a new online store that opened earlier this month. Magasin once had a Swedish branch ...
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News briefs
Black Diamond Equipment has opened its first European flagship store...
Black Diamond Equipment has opened its first European flagship store in Innsbruck, Austria. The downtown store offers all of the brand's product categories as well as events and workshops. It also serves as a platform for end consumers to test or borrow selected equipment. The positioning in Innsbruck, where Black ...
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Short stops
Arc'teryx is opening its first lifestyle store at the Metrotown...
Arc'teryx is opening its first lifestyle store at the Metrotown Mall of Burnaby, British Columbia in Canada
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News briefs
Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel...
Zalando is selling Kickz, its sub-e-tailer for sneakers, street apparel and accessories. The acquirer is Play Hard, a recent subsidiary of Crealize, described as a German “company creator” that “develops new business models and companies.” Zalando purchased Kickz as recently as 2017, intending to expand its position in streetwear, gaining ...
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News briefs
Canada Goose has also opened its first store in Paris,...
Canada Goose has also opened its first store in Paris, located at a prestigious location on rue Saint-Honoré, on the corner of rue Royale. Featuring art that depicts the cold landscapes of Canada, it is the first one that has a separate room for its children's collection. Like other Canada ...
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ArticleDecathlon relies on Alibaba for online sales in Russia
Decathlon has begun to sell its products online in the country through the Tmall marketplace of AliExpress Russia, instead of using its own internet platform as in other countries.
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News briefs
The Adidas Group announced the completion of the second tranche...
The Adidas Group announced the completion of the second tranche of a €3.0 billion share buyback program initiated in March 2018 and running through May 2021. It has purchased sofar €1.8 billion worth of its own stock and plans to buy up to €1.0 billion in 2020. In the second ...
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News briefs
Without confirming a report that the Adidas Group is phasing...
Without confirming a report that the Adidas Group is phasing out 500 jobs in Europe, a spokesman said that it is adapting its organizational structures and processes to become more efficient, looking also for new talent for its digital business. All in all, he indicated, the European staff will remain ...
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News briefs
Adidas has reportedly promoted Jon Wexler, the current vice-president of...
Adidas has reportedly promoted Jon Wexler, the current vice-president of global entertainment and influencer marketing, to general manager of the Yeezy business unit. For the last 13 years, Wexler has helped Adidas set up some of the brand's biggest collaborations with major music stars, including Kanye West and Pharrell Willliams.
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News briefs
Adidas Outdoor will launch next year the first apparel styles...
Adidas Outdoor will launch next year the first apparel styles featuring Primaloft insulation made from recycled Parley Ocean plastic. They will be presented at the Ispo Munich and Outdoor Retailer shows next month. Adidas has already used the repurposed plastic from the organization in its footwear and apparel. Primaloft said ...
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News briefs
Vans has opened a store at 214 Oxford Street in...
Vans has opened a store at 214 Oxford Street in London, its largest European store. The 4,714-square-foot flagship store, in a space previously occupied by Miss Selfridges, offers a wide selection of footwear, clothing and accessories for men, women and kids, as well as Vans' surf and pro-skate ranges. The ...
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Short stops
Adidas Golf is sponsoring two identical 18-year-old Danish twins, Rasmus...
Adidas Golf is sponsoring two identical 18-year-old Danish twins, Rasmus and Nicolai Højgaard, who have won several trophies and who will wear the brand's golf apparel, footwear and accessories
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News briefs
Goldwin has opened a flagship store in San Francisco, at...
Goldwin has opened a flagship store in San Francisco, at 444 Jackson Street. It is the second retail flagship store and the first of the Japanese technical outdoor apparel brand outside of Japan. San Francisco's Jackson Square area is considered the city's design center. The store was inaugurated on Nov. ...
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News briefs
Decathlon is entering the Serbian market with a new store...
Decathlon is entering the Serbian market with a new store in a park next to the Big Fashion shopping center in the Karaburma district of Belgrade. Meanwhile, the world's largest sporting goods retailer has opened two more stores in Germany, in Heilbronn and Bremen, making a total of 80 stores ...
