All E-Commerce & DTC articles – Page 18
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News briefs
Propain 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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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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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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Article
SSU 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 65th anniversary of the brand. The Carrera direct-to-consumer site is already live and offers an assortment of ...
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News briefs
Trek 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 in Austria. The ...
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News briefs
Aquafil 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 to Aquafil, ...
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News briefs
Luis 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 ...
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News briefs
NewStore has a new president
NewStore, a Berlin- and Boston-based company offering turnkey omnichannel store solutions, promoted Richard Berger, who joined the company in December 2019 to oversee its customer-facing operations, from chief commercial officer to president. Stephan Schambach, NewStore’s CEO, chairman and founder, will continue to lead the executive team and board of directors.
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News briefs
Citrus-Lime, British provider of cloud-based retail systems, breaks the £1 billion barrier
U.K.-based PoS solutions provider Citrus-Lime reports that customer sales processed through its End-to-End Retail Solution have broken through the £1 billion (€1.17bn-$1.39bn) barrier – a major milestone in the company’s history. More than half of that amount was transacted through the platform in the last 12 months alone, Citrus-Lime said. ...
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News briefs
Klarna acquires influencer and performance marketing company APPRL
Klarna, the Swedish retail banking, payment and shopping service, has announced the acquisition of APPRL, a SaaS platform that enables content creators and retailers to work together seamlessly to deliver informative shopping content to consumers around the world. Klarna sees itself as a global growth partner for its more than ...
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News briefs
YouTube acquires Indian social commerce platform Simsim
Google Inc, a subsidiary of technology holding Alphabet Inc, announced it has reached a definitive agreement for YouTube to acquire the Indian social commerce startup Simsim, which has a reach of more than 450 million active users per month, for more than $70 million. The acquisition is expected to help ...
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News briefs
G-Motion e-bike store opening with Storck Bicycle
On July 15, the German Glinicke Automotive Group celebrated the opening of the “G-Motion” e-bike center in Kassel. Markus Storck, founder and CEO of Storck Bicycle, attended the festivities. His brand is the driving force behind the new store. With the cooperation between G-Motion and Storck, the bicycle supplier is ...
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News briefs
New HDE scenario: German retail sales to grow 1.5% in 2021
The situation in the German retail industry continues to be dominated by recent store closures due to the last Covid lockdown. A survey of 650 retail companies across all locations, size categories and sectors conducted by the German Retail Association (Handelsverband Deutschland, HDE) shows that more than half of inner-city ...
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News briefs
Cimalp expands online store into German-speaking region
The French brand CimAlp has extended its offer to the entire German-speaking market: Consumers in Germany, Austria and Switzerland (DACH region) are now able to purchase CimAlp’s products directly at the brand’s website. For around ten years, the company from Saint Marcel, founded in 1964, has been ...
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News briefs
Bergzeit's bonus program cooperates with climbing app Vertical Life
With the launch of its “Bergzeit Club” bonus program, the German multichannel retailer has stepped up its commitment to customer relationship management. Now Bergzeit is bringing a new partner on board with the climbing app Vertical Life, which offers valuable benefits for club members by allowing them to collect points ...
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News briefs
German DTC bicycle supplier Rose Bikes pushes expansion in brick-and-mortar retailing
End consumers have been able to test and buy bicycles from German DTC bicycle supplier Rose Bikes at Lengermann & Trieschmann in Osnabrück, Breuninger in Stuttgart, Sport Reischmann in Kempten and the four Globetrotter stores in Cologne, Frankfurt, Wiesbaden and Dresden since April 2021. Rose Bikes models “across all bicycle ...
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Article
Klarna acquires social shopping platform Hero
Klarna, the retail banking, payments and shopping service from Sweden with over 90 million active users worldwide and 2 million transactions per day, has acquired Hero, a social shopping platform founded in 2015 and based in London and New York. Hero aims “to provide consumers with inspiration, advice and immediately ...
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News briefs
Spanish consumers like shopping both online and in stores
According to the “Estudio E-Commerce 2021,” a study put out by IAB Spain and Elogia, the distinction between e-tail and physical retail has blurred this year in Spain to the point of indifference for 58 percent of the country’s consumers. This is an increase of six percentage points from last ...