Posts tagged as runners point

  • runners_point

    Thursday, September 11th 2014

    Foot Locker man joins Runners Point as CFO

    by Markus Huber

    For its German subsidiary Runners Point, NYC-based retailer Foot Locker has appointed Ton Verwijmeren vice president finance. In this role he will replace Harald Wittig who will leave the retail chain at his own request effective Oct. 1. Wittig has led Runners Point for 17 years. He was managing partner along with joint managing director […]

  • Monday, August 25th 2014

    Foot Locker presents splendid first-half figures

    by Markus Huber

    New York-based sporting goods retailer Foot Locker improved its total sales by 13.5 percent (in constant currencies: 12.6 percent) to nearly $3.51 billion in the first six months ended Aug. 2 over last year’s first half. Like-for-like sales went up by 7.3 percent. Net profit jumped to $254 million compared with $204 million twelve months […]

  • Monday, November 25th 2013

    Foot Locker reports solid growth for the first nine months

    by Markus Huber

    In its third quarter ended Nov. 2, Foot Locker managed to increase its total sales by 6.4 percent (and by 4.1 percent on a comp store ratio) to $1,622 million. Excluding currency effects and the acquisition of Runners Point in Germany, sales were up by 1.3 percent compared with last year’s period. The net income […]

  • Sunday, August 25th 2013

    Foot Locker sees healthy organic growth

    by Markus Huber

    In its second quarter which ended on Aug. 3rd, Foot Locker saw sales increase to $1,454 million which equates to a 6.4 percent rise or 5.9 percent if currencies are kept at a constant. On a like-for-like basis, sales were therefore up by 1.8 percent. These figures include figures for the first month of the […]

  • Thursday, May 9th 2013

    Foot Locker acquires Runners Point

    by Markus Huber

    The U.S. retailer has announced that it is buying Runners Point, the German athletic footwear and apparel chain, for €72 million. The majority of shares in Runners Point are held by Hannover Finanz, a German private equity investor, while the remaining shares are owned by the chain’s senior management led by Otto Hurler and Harald […]

  • Tuesday, March 26th 2013

    Runners Point to open flagship store in Dortmund

    by Markus Huber

    Tomorrow, March 27, Runners Point, the German retail chain for athletic footwear and apparel, will open the doors of a new retail format called Runners Point World of Running. The new flagship store has a selling surface of 500 square meters and is located in Thier Galerie, a shopping mall in Dortmund. Described as Europe’s most […]