All Sports, leisure & outdoors articles – Page 20
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AnalysisWhat does Frasers stand to gain from taking a £75m stake in AO World?
Mike Ashley’s sprawling retail empire is known to lead with an aggressive acquisition strategy, but news of Frasers Group buying an 18.9% stake in ecommerce electrical retailer AO.com came as a surprise to many.
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NewsSweaty Betty names former Jo Malone executive as new boss
Sportswear retailer Sweaty Betty has named Melissa Mullen as its new global brand president, succeeding former chief executive Julia Straus.
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NewsFrasers Group announces joint venture to expand in Indonesia
Frasers Group Asia has announced a new joint venture agreement with PT Map Active Indonesia to launch Sports Direct in the country.
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AnalysisArtificial intelligence: Should you let ChatGPT redesign your store?
Retailers have been using AI behind the scenes to improve accuracy on technical issues such as forecasting, logistics and more, but should they be thinking about harnessing its creative power too?
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NewsLululemon sales soar in ‘solid start to the year’
Lululemon has reported a net revenue increase of 24% to $2bn (£1.6bn) as shoppers snapped up its high-end yoga gear and activewear.
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AnalysisStrategy spotlight: Five ways Frasers Group aims to elevate its proposition
In 2021/22, Frasers Group’s total sales climbed 32.5% to £4.8bn for the 52 weeks to 24 April, 2022, and it recorded pre-tax profits of £335.6m.
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AnalysisFanatics boss outlines goal-scoring tactics in Europe having conquered the US
Fanatics is a celebrated name among sports fans around the world. Licensed merchandise, collectibles, betting and online gaming – the business does it all, with a reach of 100 million global sports fans in more than 180 countries
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NewsConverse appoints new CEO and president
Footwear retailer Converse has named Jared Carver as the brand’s new chief executive and president, taking up the role today (June 1).
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Innovation of the WeekInnovation of the Week: Lululemon supports female athletes with Further research initiative
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsBrompton Bikes makes John Lewis its first department store retail partner
Brompton Bikes will sell online with John Lewis as it targets expansion from being a direct-to-consumer business with its first partnership with a retailer since it was founded in 1975.
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NewsE-bike brand Cowboy launches retail partnerships for European expansion
E-bike company, Cowboy has launched a retail partner network as it plans to expand to 60 European cities via 300 retail partners by the end of the year.
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NewsNike opens ‘community-first’ concept store in Dublin
Nike has opened the doors to its new Nike Unite concept store at Dublin’s Blanchardstown Centre.
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AnalysisAs JD Sports streaks ahead of the competition, boss Régis Schultz plans to widen the gap
Less than a year after JD Sports went on an “extensive global search process” to find a new chief executive, Régis Schultz has broken the mould and taken the business to new heights after stepping into Peter Cowgill’s trainers.
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NewsJD Sports sales soar in ‘record results’
JD Sports has reported record sales and expects profits to reach £1bn this year.
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NewsCastore banks on new kit deals and retail stores as it expands into Europe
Manchester-based sportswear brand Castore plans to accelerate growth in Europe driven by new teams, sports partnerships and retail stores.
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NewsBrompton Bikes confirms £19m equity raise to fund expansion
Brompton Bikes announced the sale of a £19m stake in the company to growth fund BGF as it looks to accelerate expansion to international markets.
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NewsAdidas unveils plans to donate Yeezy stock to charity
Adidas has unveiled plans to donate its remaining Yeezy stock to charity following the sportswear retailer’s fallout with rapper Kanye West last year.
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NewsJD Sports appoints Dominic Platt as chief financial officer
JD Sports has named Dominic Platt as its new chief financial officer, expected to join later this year.
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AnalysisWhat the Courir acquisition means for JD Sports in the UK and Europe
JD Sports chief executive Régis Schultz called it “the start of a new, distinct chapter” as the sportswear retailer looks to strengthen its brand as a part of its growth strategy in Europe. Retail Week takes a closer look at new acquisition Courir, its history and what the deal could mean for JD Sports in the UK and abroad
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AnalysisThe Disruptors: Five brands changing the game in sports and fitness
The latest instalment of Retail Week’s Disruptors series showcases the brands making waves in the sports and leisure sector