All Sports, leisure & outdoors articles – Page 24
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News
Nike profits soar as brand reports record revenues in North America
Nike has posted a surge in profits and record sales as shops reopened and coronavirus restrictions around the world eased.
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Gallery
Store gallery: Sports Direct hails ‘new era’ with £10m Oxford Street revamp
Sports Direct has lifted the lid on its newest store concept on London’s Oxford Street as it accelerates its “elevation” strategy.
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News
Staycation boom to drive sales through autumn, says Halfords boss
Halfords expects current performance to continue as foreign holidays look increasingly unlikely.
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News
Halfords drives profit growth as it accelerates transformation
Halfords has reported a strong full-year performance after increased demand for categories such as cycling, partly fuelled by the pandemic.
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Gallery
Store gallery: Decathlon’s new high street store puts sustainability first
Decathlon has opened a new smaller-format store in the heart of Bromley’s town centre.
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Gallery
Store gallery: Foot Locker’s new Barcelona store puts the city centre stage
Foot Locker’s latest European store places great emphasis on its location. Throughout the 5,920 sq ft space, the brand has engaged with local artists to create artwork intended to reflect the surroundings of Barcelona.
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Gallery
Store gallery: Under Armour unveils tech-driven Dubai flagship
Under Armour has launched its new flagship store in Dubai Mall, marking the brand’s largest and most innovative store in the region.
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Analysis
Generation M: Catering to the young fashion-conscious Muslim consumer
The modest fashion market is growing but mainstream retailers are yet to really take note. Retail Week explores how to cater to the Muslim consumer without being tokenistic
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Analysis
Future of the flagship: Finding its place and purpose in a post-Covid world
Has the flagship store changed for good? Retail Week considers its role in the retail landscape of tomorrow
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News
Frasers Group probed by EU tax authorities over VAT bills
Frasers Group is in talks with EU tax authorities over a controversial VAT arrangement that has seen the retailer pay tax on overseas sales in the UK.
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News
Nike to crack down on retail partners in bid to curb reselling
US sportswear giant Nike has warned retail partners that it will cut supplies of limited-edition trainers in a bid to curb an upsurge in reselling.
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News
JD Sports boss calls for London rent reduction as footfall ‘battered’ by Covid-19
JD Sports boss Peter Cowgill says central London footfall has been “battered” by Brexit and Covid-19-induced lockdowns.
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News
Nike profits rise as China leads sales recovery
Nike has posted a jump in profits as booming sales in China offset tougher conditions in the US and Europe amid the coronavirus pandemic.
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News
JD Sports ramps up spending spree with swoop on Poland’s MIG
JD Sports has snapped up a controlling stake in Polish sports fashion business Marketing Investment Group (MIG) as it continues its aggressive acquisition spree.
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News
Frasers Group’s Evans Cycles to axe 300 jobs in cost-cutting drive
The Mike Ashley-owned Evans Cycles is cutting 300 jobs and moving the remainder of its staff to zero-hours contracts in a bid to cut costs.
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News
Adidas set to sell off Reebok to bolster growth ambitions
Adidas has confirmed plans to offload Reebok as part of its five-year strategy to focus on strengthening its core brand.
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Interview
Interview: How Asics plans to outrun its sportswear rivals
Asics executive Gary Raucher tells Retail Week how the Japanese brand is going back to its roots in a bid to outrun rivals like Nike and Adidas in the fiercely competitive sportswear market
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News
JD Sports raises £464m to bolster acquisition drive
JD Sports has completed a fundraise for £464m, which it will use to drive its expansion and capitalise on acquisition opportunities in new and existing markets.
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Analysis
JD Sports boss Cowgill: How ‘monumental’ DTLR deal turbocharges US ambitions
JD Sports boss Peter Cowgill tells Retail Week why the retailer’s latest $495m acquisition has set it up to crack America.
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News
JD Sports considers fundraising for acquisition warchest
JD Sports is pondering raising new equity to fund deals as the retail landscape is transformed by the Covid pandemic.