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Frasers Group to name Sir Jon Thompson as its new Chair, according to reports
Frasers Group is the parent company of British retailer Sports Direct.
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Frasers Group Managing Director of Sport is leaving her role
The former Nike executive will remain on Frasers’ Board as a non-executive director.
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Frasers aims to become the largest sports retailer in Benelux
Frasers Group strengthens presence and expands footprint in the Benelux region.
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Frasers calls FY24 ‘a breakout year’ for future growth
Frasers Group, citing its strengthened brand partnerships and the ongoing execution of its “Elevation Strategy,” is eying £575–£625 million in annual adjusted profit before tax for the current fiscal year ending in April 2025.
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Short Stops Week 26, 2024
RETAIL +++ Reebok opened a new shop at the NQS Shopping Centre in Bogota, Colombia, the third door part of the brand’s expansion plan in the country’s capital +++ Japanese fashion brand Onitsuka Tiger, founded by Asics in 1949, has expanded its retail presence in India and opened its eleventh ...
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SGI Europe Executive Edition: Vol 35 - 23+24
Analysis: The top sporting goods industry performers by sales and profits in 2023 | Analysis: The latest inventory levels in the Sporting Goods Industry, Q1 2024 | Lululemon business healthy; US dip caused by internal product, color issues | JD Sports bolsters North American presence, reports revenue growth ahead of Hibbett Acquisition | Foot Locker reaffirms FY outlook as ‘Lace Up’ strategy begins gaining traction | Zumiez sees improving trends, another loss in Q1 | Despite unsatisfactory 2023 result, Hummel’s CEO aims for top 10 market position | Athleta delivers for Gap Inc. in Q1 | Authentic Brands Group to acquire Champion from Hanesbrands | Sports fashion giant rises as New Era takes over ’47 | Foot Locker to spend as much as $1 billion on stores | XXL and Frasers Group forge strategic partnership | Golden Goose plans IPO in Milan in June | Authentic and Beaumanoir announce partnership for Boardriders brands in Western Europe | Cisalfa opens first Intersport Superstore to strengthen presence in Italy | Russian sporting goods industry is hit with a labor shortage | IOC might be losing a big sponsor
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Sports Direct to introduce membership program with new omnichannel app
Sports Direct is set to launch a new membership program next month, featuring an “enhanced” omnichannel app, as part of its strategy to deepen customer engagement and enhance digital capabilities across its 500 UK stores. David Clark, Chief Customer Officer at Sports Direct’s parent company, Frasers Group, announced the initiative ...
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XXL and Frasers Group forge strategic partnership
XXL and Frasers Group are on the brink of forging a strategic partnership aimed at bolstering XXL’s dominance in the Nordic region. Frasers Group, which holds significant stakes in retail leaders like Sports Direct and over 30 percent of XXL’s Class A shares, sees XXL as uniquely positioned to strengthen ...
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SGI Europe Executive Edition: Vol 35 - 21+22
VF Corp. fails to deliver yet again, stock tumbles nearly 12 percent | Global survey on women’s sports calls for brand investment | Zwiebler appointed permanent CEO of WFSGI, set to advance global sporting goods initiatives | Technical Apparel segment drives Amer Sports’ Q1 revenue growth | Deckers eyes more double-digit sales growth after strong FY24 | Nidecker Group acquires iconic skate brands, expands legacy in action sports | Under Armour’s latest reset will take many months to unfold | Russian sporting goods market experiences surge in cross-border e-commerce | Castore opens first London outlet store at The O2 | Canada Goose exceeds expectations in Q4 due to DTC, North America´ | Alpargatas maps out new business strategy, turns Q1 profit | Grupo SBF’s Ebitda up 14 percent in Q1 | Google joins Walmart in new funding round for Indian e-tail giant | Galeria’s investors pledge €100m, seek restructuring, Sunday shopping and name change | Will longboarding surf into the LA 2028 Olympics? | Canada Goose’s new Creative Director’s first campaign pays tribute to Jane Fonda | Desport leases former Decathlon retail spaces in Russia
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Sports Direct loses court appeal over Newcastle United’s kit supply deal with JD Sports
Sports Direct has failed in its bid to secure a Court of Appeal ruling over a dispute with Newcastle United concerning the football club’s exclusive kit supply deal with JD Sports for the 2024/25 Premier League season. The Frasers Group-owned retailer sought a temporary court order to force Newcastle United ...