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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Jul- 2024 -26 July
JD Sports eyes job cuts at Derby distribution centre
JD Sports has confirmed that it is considering the future of a number of jobs at its Derby distribution centre. The 514,000-square-foot warehouse can be found on Derby Commercial Park, off Raynesway, and opened around three years ago. A person familiar with the situation has stated that “no final decision”…
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15 July
Decathlon launches investment subsidiary
Decathlon has announced the launch of Decathlon Pulse, a fully-owned subsidiary dedicated to investing in new business and “building new long-term growth engines”. An independent entity within the group, Decathlon Pulse will invest in “innovative people and businesses that share its values and commitment”. I It will look to build…
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10 July
Adidas set to announce highest profit in three years
Adidas could be set to announce its highest profit in three years amid success of its Samba and Gazelle trainers, according to reports from Reuters. Data from the London Stock Exchange Group (LSEG) forecasts that Adidas will see a profit margin of 51.4% for its second quarter, hitting its highest…
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9 July
Montirex to open first pop-up store in Liverpool One
Montirex, the Liverpool-born technical outdoor and sportswear brand, is set to open its first ever pop-up store on Liverpool One’s South John Street. The signing follows the brand’s “successful” permanent concessions within the destination’s JD Sports and Footasylum, and highlights Liverpool One’s position as the location of choice for “fast-growing”…
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4 July
Castore opens new flagship shop at centre:mk
Sportswear brand Castore has recently announced the official opening of its regional flagship store at centre:mk. Located on centre:mk’s premium Silbury Arcade, Castore’s investment into centre:mk marks a new regional retail endeavour for the brand. Occupying 865 sq ft, the new regional flagship store is home to the brand’s complete…
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Jun- 2024 -24 June
Under Armour agrees to $434m settlement amid shareholder lawsuit
Sportswear brand Under Armour has agreed to a $434m (£342.7m) settlement in a 2017 shareholder lawsuit. The case alleges that Under Armour and CEO Kevin Plank violated U.S. securities law by making materially false and misleading statements and failing to disclose adverse information about Under Armour’s business and operations to…
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18 June
Decathlon UK posts £2m loss
Decathlon UK has revealed that it posted a loss of £2m for the year ended 31 December 2023. Alongside this, the company saw its turnover drop 5% with a 2.5% decrease for comparable stores. The retailer has put this decline down to three things; cost of living, market dynamics and…
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12 June
Castore opens new site at Centre:mk
Sportswear brand Castore has announced its regional debut into Milton Keynes with the launch of its new store at Centre:mk. Set to open on Silbury Arcade in late June, Castore’s 865 sq ft location will be one of the brand’s first new store concepts designed by Ink Associates. The centre:mk…
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May- 2024 -31 May
Ribble Cycles appoints new CEO
Ribble Cycles has appointed Sean Hastings as its new CEO, effective 1 July, 2024. He joins from B2C Group, where he grew the business internationally, becoming one of Europe’s top-rated water sports retailers. Prior to that, he was chief customer officer at River Island and ran its online business. He has…
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8 May
Puma Q1 performance meets expectations
Sportswear giant Puma has revealed its Q1 performance has fully met expectations with currency-adjusted sales increasing by 0.5% to €2.1bn (£1.8bn). Puma said the sales performance comes amid a strong quarter in the previous year (Q1 2023 grew +14.4% ca and reported), and that currencies have continued to be a…
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