All Sports, leisure & outdoors articles – Page 28
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NewsCoronavirus: Frasers Group issues profit warning after footfall and sales slump
Frasers Group has said the ongoing coronavirus epidemic will cause “significant disruption” to its business and that it would not achieve its previous profit guidance as a result.
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NewsCoronavirus: Three-quarters of shoppers face shortages as stockpiling ramps up
Nearly three-quarters of UK consumers are struggling to purchase basic grocery items such as tinned food and toilet roll as shoppers increase stockpiling.
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NewsMountain Warehouse boss mulls 2,000 redundancies amid coronavirus sales slump
Mountain Warehouse chief executive Mark Neale has warned the business may need to make substantial redundancies following a “catastrophic” drop in sales triggered by the coronavirus.
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NewsHalfords to shutter Cycle Republic chain, 226 jobs at risk
Halfords is set to axe its specialist cycling chain Cycle Republic following a strategic review and will instead rely on etail stablemate Tredz to appeal to bike enthusiasts.
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NewsAdidas and Puma profits battered by coronavirus
Sportswear giants Adidas and Puma have suffered a drop in sales in China as a result of coronavirus and warned the disruption would impact other markets.
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OpinionOpinion: The CMA is on a power trip – and retail should be worried
Lord Andrew Tyrie hasn’t written his memoirs yet. If and when he does, he might want to consider borrowing the title: How to Lose Friends and Alienate People.
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GalleryStore gallery: London hosts Gymshark’s longest-ever pop-up
Open for one month only, Gymshark has launched its first-ever retail-only store, after previously playing host to a series of pop-up events.
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NewsNike shuffles exec board under new chief executive
Nike has shuffled its senior leadership team under its new boss, announcing the appointments of a new chief operating officer and chief financial officer earlier this week.
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VideoVideo: MLB hits home run with Westfield Stratford pop-up
In a bid to drive footfall and raise the sport’s profile in the UK, Major League Baseball has opened its first semi-permanent pop-up store in Westfield Stratford. Retail Week visits the space, which features retail, food and drink, and leisure offerings under one roof.
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NewsAngling Direct appoints branding specialist to board
Specialist retailer Angling Direct has appointed branding specialist Dilys Maltby to its board with immediate effect.
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AnalysisNew year, new you? The retailers in need of reinvention
Many people have started the new year with a mission to reinvent themselves. Lose weight, get more organised, find a new job. Which retailers could benefit from adopting a similar approach and what could their reinventions look like?
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NewsHalfords maintains profit guidance after ‘solid’ festive sales
Halfords has maintained its full-year profit guidance after clocking up a “solid” sales performance during the golden quarter.
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NewsM&S launches athleisure range to woo younger shoppers
Marks & Spencer is rolling out a 150-piece sportswear collection today in a bid to cash in on the booming athleisure market.
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NewsJD Sports insists Footasylum deal ‘will benefit consumers’
JD Sports has insisted its £90m takeover of rival Footasylum “will benefit consumers” as it wrestles to convince competition watchdogs of the merits of the deal.
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NewsSports Direct profits rise as it shrugs off Belgian tax bill
Sports Direct has posted a jump in half-year profits and insisted the shock tax bill it received from Belgian authorities in the summer “will not lead to material liabilities”.
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NewsJD Sports’ Footasylum acquisition put on hold by CMA
JD Sports planned £90m takeover of struggling footwear firm Footasylum has been halted by an ongoing investigation by the Competition and Markets Authority (CMA).
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NewsSports Direct boss Ashley settles US legal row
Sports Direct founder Mike Ashley has resolved a legal dispute in the USA a day after a court there demanded he gave evidence.
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VideoFrasers Schmasers – will Sports Direct rebrand make any difference?
As Sports Direct unveils plans for a group rebrand to Frasers, retail adviser Richard Hyman and Retail Week head of content Grace Bowden discuss whether a new name will have any impact on how the business is perceived by brands or shoppers.
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NewsSports Direct to rebrand as Frasers Group
Sports Direct International has unveiled plans to rebrand as the Frasers Group next month to reflect its ‘elevation’ strategy.
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AnalysisAnalysis: Where does its Nike split leave Amazon?
With the news that Nike has decided to stop selling its products on Amazon, Retail Week looks at what repercussions that decision will have – for both businesses and the wider sector.
