All E-Commerce & DTC articles – Page 11
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News briefsSigna Sports United collects more funds
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United (SSU), the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s ...
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ArticleSBTi approves eBay’s ambitious climate action goal
eBay Inc. continues its commitment to climate action by setting an ambitious greenhouse gas (GHG) target approved by the Science Based Targets initiative (SBTi). eBay commits to reduce its own (scope 1 and scope 2) emissions by 90 percent by 2030 from a 2019 base year, in line with limiting ...
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ArticleRevolutionRace publishes first sustainability report after IPO
In its 2020/21 Annual and Sustainability Report, Swedish DTC brand RevolutionRace (RVRC) reports that it has performed strongly and profitably over the past fiscal year, with very positive growth in both new and existing markets. RVRC Holding AB, which went public on the Stockholm Nasdaq in June, posted strong results ...
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News briefsBergans with new German online store and e-commerce team
Bergans Outdoor GmbH, the German subsidiary of the Norwegian outdoor company Bergans of Norway, launched its new online store for Germany on Oct. 12, complementing the already existing Norwegian and Swedish DTC webshops. Laura Ninnemann and Gizem Karakoyun are responsible as the e-commerce team for the new German store. Ninnemann, ...
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News briefsSigna Sports to launch AI-based virtual bike fitting engine
Sports e-commerce and tech platform Signa Sports United (SSU) has entered a strategic partnership with Motesque, a Brooklyn, NY, and Cologne-based specialist startup for biomechanics, computer vision and AI, to launch the first-ever biomechanical AI-based virtual bike fitting engine for online bike shopping. Motesque was founded in 2015 by Professor ...
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News briefsLowa launches DTC web shop for EU consumers
German mountain and outdoor footwear manufacturer Lowa, part of the Italian Tecnica group, is adding a shopping function to its website www.lowa.com, which was relaunched globally in June 2020. From November 2021, customers from EU countries will be able to order a defined selection of the product range directly from ...
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ArticleE-commerce with strongest growth in Germany in Q3 since 2017
Notwithstanding the gradual revival of public life, and even though the third quarter is considered the weakest of the year for seasonal reasons, e-commerce sales of goods from July to October rose by a substantial 14.8 percent to €22.194 billion, according to the German E-Commerce and Distance Selling Trade Association ...
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News briefsAdidas rolls out resale program
Adidas’ new “Choose to Give Back” resale program, which leverages thredUP’s Resale-as-a-Service® (RaaS®) platform and expertise, allows consumers to send used products from any brand to Adidas for reuse or resale via the Adidas Creators Club App. The program – part of the company’s efforts to promote a circular product ...
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ArticleOdlo reorganizes its business structure in German-speaking countries
Pascal Schweizer, Odlo’s country manager DACH, is seizing the opportunity of the departure of field sales manager Matthias Faller to reorganize responsibilities in the German-speaking region. Faller is leaving Odlo on Oct. 31 after almost five years with the company. Moving forward, a dedicated sales manager will be in place ...
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News briefsDTC brand RevolutionRace launches Swiss online store in French and German
Swedish DTC outdoor brand RevolutionRace, which went public on the Nasdaq Stockholm stock exchange in June, continues its growth trajectory with the launch of a local online store in Switzerland. With the new store, which offers Swiss customers the option to shop in both German and French, RevolutionRace’s offerings are ...
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News briefsFjällräven launches platform to design your own Kånken
With Kånken Me, Fjällräven is launching a new platform that makes it possible for Kånken fans to be creative and make their Kånken even more personal. With 14 color options and 15 customizable pieces, the online configurator offers over 100,000 billion possible combinations, making it nearly impossible ...
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News briefsPropain Bicycles goes America
German niche D2C brand Propain Bicycles (custom handcrafted mountain bikes) is using the 2021 Sea Otter Classic U.S. bicycle festival in Monterey, California, which has been moved from its traditional May date to Oct. 7-10, to introduce itself along with its newly formed subsidiary Propain Bicycles USA. With this move, ...
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News briefs
Online marketplace Planetics with successful first financing round
Munich-based startup Planetics has successfully closed its first six-figure financing round for its online marketplace for sustainable and fairly produced sporting goods. The exact investment sum was not disclosed. Less than a year after its founding in Oct. 2020, the startup was able to convince various investors, including a former ...
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News briefs
PayPal acquires Japanese buy-now-pay-later venture
U.S.-based payment platform PayPal Holdings has announced the acquisition of Paidy, a digital payment platform based in Japan. Paidy develops a two-sided payment platform and is also a provider of buy-now-pay-later solutions in Japan, a strategically important market for PayPal. According to the American company, almost three-quarters of all purchases ...
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ArticleSSU reorganizes management of Internetstores Group
After more than three years as CEO of Internetstores GmbH, Hans Dohrmann will leave the parent company of multichannel bike, camping and outdoor retailers such as Addnature, Bikester, Brügelmann, Campz and Fahrrad.de. According to Internetstores Group’s parent company, Signa Sports United (SSU), he will leave “on good terms” on Sept. ...
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News briefs
Klarna launches “Pay in 30 days” in Poland
Klarna, the Swedish banking, payment and shopping service with over 90 million users worldwide, officially launched in Poland on Aug. 18, partnering with H&M to introduce the popular “Pay in 30 Days” option and the Klarna app. Klarna will expand its presence in Poland with a local team and office ...
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News briefs
Carrera launches DTC webshop in the U.S.
Safilo is taking another step towards its digital transformation by launching a new e-commerce platform for its house brand Carrera in the U.S. The launch of the dedicated website, us.carreraworld.com , coincides with the 65 th anniversary of the brand. The Carrera direct-to-consumer site is already live ...
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News briefsTrek launches e-commerce program in Germany and Austria
U.S.-based Trek Group began offering German consumers the ability to access its extensive product portfolio through its website on Aug. 2. Starting Aug. 25, the virtual offering, which also includes the German bicycle brand Diamant and the parts and accessories brand Bontrager , will be expanded to consumers ...
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News briefsAquafil launches e-shop with Econyl products and sustainable search filter options
Yarn supplier Aquafil is reaching out to consumers: the Italian company has just launched an Econyl e-shop platform, where – for the first time – customers can buy a range of sports, lifestyle and fashion products made from the company’s regenerated nylon Econyl directly in one place. According ...
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News briefsLuis Trenker with new stores
Luis Trenker has moved its store in Salzburg’s Judengasse across the street to a new, approximately 120-sqm location. In addition, openings of new shops are planned this August in Munich’s downtown luxury mall Fünf Höfe as well as in the South Tyrolean capital of Bolzano, home of the brand, which ...
