Hoka
This coverage delivers business-focused reporting on Hoka’s operations and strategic developments within the UK retail sector. Reporting includes updates on store openings and Hoka’s financial performance. Additionally, insights into product innovations, such as the release of the Hoka Rocket X3, and the brand’s efforts to expand its presence through wholesale partnerships are provided. This information supports retail executives, brand managers, and professionals overseeing athletic footwear retail operations and strategic planning.
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Nov- 2024 -27 NovemberSport & Leisure
Frasers acquires South African sports retailer Holdsport
Frasers Group has expanded its global footprint through acquiring South African sporting, outdoor and recreation goods company, Holdsport.It acquired the retailer for an undisclosed sum from Old Mutual Private Equity (OMPE) and Holdsport’s management, and the transaction is expected to close in the coming months. Holdsport operates across retail, wholesale,…
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Aug- 2024 -28 AugustClothing & Shoes
Frasers to grow presence in Australia with latest investment
Frasers Group has announced the purchase of a 14.65% strategic investment in Accent Group Limited, a retail and distribution business in the performance and lifestyle market in Australia and New Zealand. The news comes as Frasers aims to grow its presence in Australia and New Zealand through partnerships to help…
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Jul- 2024 -30 JulyNews
Today’s news in brief-30/7/24
Andrew Keith, CEO of Selfridges, has announced his departure to pursue new ventures, marking the end of his tenure characterised by navigating challenges including the pandemic and ownership changes. André Maeder will succeed him as CEO of Selfridges Group in the UK, focusing on innovation and customer experience amid potential…
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30 JulyClothing & Shoes
Hoka and Ugg brands boosts Deckers Q1 sales to $825.3m
Global apparel and footwear brand Deckers has reported a 22.1% increase in net sales to $825.3m (£641.6m) for the first fiscal quarter ended June 30, 2024. The group attributed this Q1 growth to its Hoka and Ugg brands which performed particularly well. Hoka’s net sales were up 29.7% to $545.2m…
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May- 2024 -16 MayPeople Moves
Zalando appoints Nina Graf-Vlachy as new GM for Sports
Zalando has appointed Nina Graf-Vlachy as the new general manager for Sports, effective August 2024. The role is newly created to enable an even “stronger and more holistic approach” to the Sports category. In her new role, Graf-Vlachy will be reporting to Martin Rost, senior vice president Customer Propositions at…
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Feb- 2024 -13 FebruaryNews
Deckers Brands appoints new HOKA president
Deckers Brands has recently announced that it has named Robin Green as the next president of HOKA, effective immediately. Green will serve on the executive leadership team, reporting directly to Dave Powers, chief executive officer and president of Deckers Brands. She has an extensive track record of leading and operating…
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Oct- 2023 -31 OctoberNews
Today’s news in brief-31/10/23
The British Retail Consortium reports a drop in shop price inflation to 5.2% in October, down from 6.2% in September, marking the lowest rate since August 2022. Non-food inflation also declined to 3.4%, the lowest since September 2022. Food inflation decelerated to 8.8%, and fresh food inflation decreased to 8.3%,…
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31 OctoberClothing & Shoes
Ugg owner revenues rise by 25% in Q2
The owner of Ugg and sportswear label Hoka, Deckers, saw a 25% year-on-year rise in revenues to $1.09bn (£900m) in Q2 for the period ended 30 September. The group attributed its performance to rising demand for Ugg and Hoka, as sales for the two products jumped 28.1% year-on-year to $610.5m…
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5 OctoberNews
Today’s news in brief-05/10/23
Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT operations. TCS will implement cloud-based ERP platforms to streamline various processes including supply chain forecasting, buying, and merchandising. This move aims to enhance customer experience, innovation capabilities, and maintain market…
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5 OctoberNews
Hoka opens news London flagship store in Covent Garden
Hoka, a division of Deckers Brands, has announced the launch of its first ever retail location in Europe at Shaftesbury Capital’s Covent Garden, located at 2-3 James Street. The 1,750 sq. ft flagship store showcases the full line of footwear, apparel, and accessories under one roof for the first time.…
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