Sport & Leisure
Sport & Leisure covers the business performance, product innovation, and consumer trends driving the UK’s sports, fitness, and leisure retail sectors. This section reports on brand strategy, partnerships, sustainability, and digital engagement across apparel, equipment, and lifestyle categories. Retail Sector’s Sport & Leisure coverage provides insight for retailers, suppliers, and brand managers into how evolving health trends, technology, and consumer behaviour are shaping growth and competition in this dynamic market.
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Jun- 2023 -20 June
Peloton UK losses widen to £210m
The UK arm of Peloton has announced losses of £210m for the year ended 30 June 2022, nearly double the £81m loss it posted last year. Furthermore, the company saw a 13% decrease in turnover from £147m down to £128m. Peloton attributed the decrease in turnover down to slowing sales…
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19 June
Fanatics acquires Fexpro to expand business in Latin America
Fanatics, a global digital sports platform and provider of licensed sports merchandise, has completed its acquisition of Fexpro, a leading wholesaler of licensed sports and branded apparel serving Latin America. Headquartered in Panama with a presence across Latin America, Fexpro is a preferred licensee for several major US sports leagues…
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15 June
Lids hires new head of brand and collaborations
Sports retailer Lids has announced the appointment of Ariel Sandler as the company’s new head of brand and collaborations. Lids said Sandler has been a “powerful force” in brand enhancement, having previously assisted in leading brand and marketing initiatives for the NBA, New Era, and StockX. In his new role,…
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14 June
Games Workshop expects PBT to rise to £170m
Games Workshop has revealed it expects its profit before tax for the year to be no less than £170m, up from £157m in 2021-22, according to its annual report for the 52 weeks ended 28 May 2023. It also expects its core revenue to be not less than £440m, up…
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1 June
Nike appoints new Converse CEO
Nike has announced that Jared Carver will succeed Scott Uzzell as the new president and CEO of Converse, effective 1 June. Carver will report to John Donahoe, president and CEO, NIKE, Inc. Scott Uzzell has transitioned to a new role as VP/GM, North America for Nike. Carver is a consumer-first…
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May- 2023 -26 May
Man City opens interactive store at Manchester Arndale
Manchester Arndale has announced that Manchester City is set to open the club’s new store in the former Pink unit within the shopping centre. Opening today (26 May), the interactive store offers merchandise ranging from the team kits, including the recently released 2023/24 home kit, and training apparel, as well…
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22 May
E-bike brand Cowboy launches retail partner network
E-bike brand Cowboy has announced the launch of its retail partner network with independent bike shops across Europe. The brand said the launch will increase its retail and service presence, strengthening its omni-channel approach by complementing its current online sales channels, brand stores and mobile network of mechanics and test…
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15 May
Sports Direct opens new store at Braehead Centre
Sports Direct is set to open a new store in the Braehead Centre. The brand will relocate and upsize from its existing store in the retail park to a new 20,000 sq. ft store on the upper level of the main centre. The new store will feature the “best brands”…
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12 May
Peloton recalls over two million exercise bikes
Peloton is recalling more than two million of its exercise bikes Model PL01, following revelations that the seat post assembly can break during use and cause injuries, The Guardian has reported. This particular model was sold from January 2018 to May 2023 for roughly $1,400 (£1,120) by Peloton and Dick’s…
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2 May
Footasylum to open Oxford Street flagship
Fashion streetwear and sportswear retailer, Footasylum, has announced that it will be opening a flagship store at 73-89 Oxford Street, London, as it continues its nationwide plans for expansion. The new 20,000 sq ft store will officially open in the second half of 2023, with an exact launch date yet…
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