Nike reveals $2bn cost savings plan as it lowers sales forecast
Nike's share price has plunged after it unveiled plans to make $2bn worth of cost savings in the next three years and lowered its sales outlook.
Decathlon continues Russian sales despite promise to end operations
Decathlon has continued to sell products in Russia despite promising to end operations in response to the invasion of Ukraine.
Best of 2023: Sports Direct – How a former Nike exec plans to elevate...
As 2023 draws to a close, we look back at some of Retail Gazette's best bits. In March, we sat down with Sports Direct boss Ger Wright to find out her grand plans for the retailer.
Nike set to open new flagship in former Victoria’s Secret site
Nike has secured a spot for its new flagship at a former Victoria's Secret site in Trinity Leeds shopping centre.
Under Armour unveils first outlet store in London
Under Armour has opened its first outlet store in London at The O2, after a spike in Black Friday sales in November.
JD Sports’ Dutch subsidiary Sports Unlimited declared bankrupt
JD Sports' Dutch subsidiary Sports Unlimited Retail has been declared bankrupt. The retailer operates 52 stores in the Netherland.
Frasers profits jumps as elevation strategy drives strong performance
Frasers Group has posted an 8% jump in its pre-tax profits for the six months to 29 October as its elevation strategy "continues to drive strong trading performance".
Frasers pulls out of SportScheck acquisition as it seeks pre-pack deal instead
Frasers Group has withdrawn its offer to acquire Sportscheck after the German sporting chain filed for administration on Thursday.
Decathlon acquires German sports retailer
Decathlon has snapped up outdoor specialist Bergfreunde under a new acquisition.
Mountain Warehouse steps up store openings as washout summer drives record sales
Mountain Warehouse,is stepping up the pace of new store openings after seeing sales hit an all-time high.
Feature Resource
Why a reliable store systems support partner is a must for...
A reliable store systems support partner is one of the most important requirements for high street retailers
Every retailer has experienced the chaos that occurs...
