All E-Commerce & DTC articles – Page 11
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ArticleGerman e-tailer Bergfreunde continues on record path in 2022
German e-commerce retailer for mountain sports, climbing and outdoor, Bergfreunde GmbH, has achieved record sales of €242 million in its 2022 fiscal year. Compared to the previous year, this is an increase of 19 percent. With this result, the online specialty retailer was able to stand its ground in a ...
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News briefsCanyon expands leadership team with financial expert
Source: Canyon Bicycles Karim Bohn German DTC company Canyon Bicycles GmbH has appointed industry newcomer Karim Bohn as its new chief financial officer. As a member of the executive leadership team, he will be responsible for the financial management of Canyon as well as all Canyon-owned companies ...
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News briefsBike24 launches localized online stores for Benelux
Just before the start of the season, German cycling, running and swimming sports online retailer Bike24 Holding AG has launched three new localized online stores. With the Netherlands, Belgium and Luxembourg, three more bike-enthusiastic nations will now be served with targeted content without language barriers. Following the successful expansion to ...
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News briefsLafuma launches resale platform
Lafuma, a brand of the French Millet Mountain Group, has launched an online resale platform for its outdoor products, dubbed Second Leaf. The website was developed in partnership with Faume, a Parisian start-up that helps companies implement resale solutions. To be allowed on Second Leaf, the item must be a ...
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ArticleBike24’s growth FY 2022 driven by expansion into new markets via localized e-stores
According to initial preliminary figures, German cycling, running and swimming online retailer Bike24 Holding AG has closed its fiscal year 2022 with a solid final quarter. In 10-12/2022, sales grew by 2.8 percent to €60 million. Considering that other suppliers in the sporting goods, outdoor and cycling world already began ...
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News briefsNew resale platform for Canada Goose
Canada Goose has launched a new DTC secondhand offering powered by Trove, the service provider who also runs the secondhand stores of Patagonia, Lululemon, REI, Arc’teryx, On and Allbirds. Canada Goose’s new authorized reselling platform “Canada Goose Generations” is stocked with post-consumer product that is traded in online. Items are ...
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ArticleSwedish sports retail sales decreased by 7.5 percent in Q4
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
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News briefsGlobal economy upsets Stellar’s results despite sales increase
Swedish trade publication ehandel.se reports that outdoor brand Stellar Equipment was able to boost sales in the past fiscal year. However, the company still ended up in the red because while sales increased from SEK 152 million (€13.6m) to SEK 167 million (€15m), the operating result landed at SEK -13.8 ...
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News briefsOutdoor report by Marketmedia24 gives future outlook
Marketmedia24 has launched its new “Branchen-Report Outdoor 2023,” which puts a spotlight on the market development in Germany from the pandemic years 2020 and 2021 to 2022, a year overshadowed by war and inflation. Overall, Marketmedia24 sees 2022 as a year of slightly negative sales numbers (-1.4 percent) for the ...
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News briefsNew CEO for bike components manufacturer BC
Source: Bike-Components Dominic Land Dominic Land is the new CEO in charge of Bike-Components, the German online retailer of bicycles and bicycle parts, since Jan. 1. He has taken over from Philipp Simon. The succession of Simon has been in the works for some time in close ...
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News briefsAcai Outdoorwear secures £3 million investment
Womenswear brand Acai Outdoorwear has secured a £3 million (€3.4 million) investment from Growth Partner, a consumer-focused investment firm that is backed by HomeServe founder and chief executive Richard Harpin. Acai’s investors since October 2019, DSW Ventures, will be exiting as part of the deal. In addition, James Worrall, investment ...
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News briefsDeuter donates €4,000 to EOCA biodiversity project
German company Deuter did not offer extra discounts during its “Green Week” (an initiative started as an alternative to Cyber Week). Instead, it started an initiative to donate 10 percent of sales from its online store to a project of the European Outdoor Conservation Association (EOCA). Now the brand has ...
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News briefsKitsbow launches second-hand online store in the U.S.
U.S. cycling apparel brand Kitsbow has launched the “Kitsbow Experience Apparel” retail store for used Kitsbow apparel through its DTC online store, where U.S. Kitsbow customers can sell their previously purchased Kitsbow gear. To use the site, sellers pay the company 10 percent of the sale price. Kitsbow alternatively offers ...
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News briefsYeti sues Mercatalyst and TerraCycle for trademark infringement
The cooler and drinkware brand Yeti Coolers has sued the companies Mercatalyst and TerraCycle at the U.S. District Court for Western Texas for trademark infringement. Yeti claims that apparel branded with its trademark, which was meant to be destroyed or recycled by TerraCycle (which is also a recycling partner of ...
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ArticleTrial phase of the new Bike24 logistics center for southern Europe underway
Before the end of the year, the new logistics center of the German cycling, running and swimming sports online retailer Bike24 Holding AG started its pilot run in Barcelona. The first test packages have already been shipped. This means that the second logistics center of the “leading e-commerce platform for ...
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ArticleBizness Enabler opens own DTC online shop
After opening the retailer-focused online portal named Bizness.eu to sell its distributed brands online, German company Bizness Enabler GmbH has launched My-brand-shop, a new DTC portal operating Europe-wide. In the shop, the Munich-based company offers its distributed brands like BioLite, LifeStraw, Matador and Full-Windsor, as well as Selk’bag (starting in ...
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ArticleHaglöfs Restored is back on track
After an unexpected closure last spring, the second-hand website Haglöfs Restored is now back up and running. A new partnership with Belfast, Ireland-based apparel refurbishment service provider and advocate of the Responsible circular economy allows the company to continue. Haglöfs Restored is one of several initiatives aimed at extending the ...
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News briefsORCC announces integration into the European Outdoor Group, publishes first annual report
The Outdoor Retailer Climate Commitment (ORCC), a network of European outdoor retailers engaging in climate protection in the outdoor industry, will be integrated into the European Outdoor Group (EOG) as a working group. With more than 100 members from the entire value chain of the outdoor industry, EOG is the ...
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News briefsOutnorth joins second-hand marketplace
Swedish retailer Outnorth, one of the strongest Nordic e-commerce players in the outdoor segment, is participating in a plug-and-play platform for circular trading of secondhand products, habit.se reports. Participating retailers can offer their customers and their own stores to resell previously purchased goods through the app and on the integrated ...
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ArticleBike24's impressive sales growth in new markets cushions rising costs
Despite all the current macroeconomic challenges, Bike24 Holding AG, the online retailer of bicycles, running and swimming sports, achieved total sales of €72.62 million in the third quarter of fiscal year 2022. Compared to Q3 2021, this is an increase of 12.9 percent. However, both gross profit (€18m, down 8.3 ...
