All E-Commerce & DTC articles – Page 23
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News briefs
Schöffel Foundation plants 30,000 trees
Peter Schöffel, CEO Schöffel The reduction of the VAT in Germany in the second half of 2020 was intended to support the economy during the Covid-19 pandemic. But it also made possible a sustainability project by the Schöffel Foundation, which was established in 2011 to promote and ...
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News briefs
Tretorn’s parent company acquires Swedish outdoor retailer
Tretorn brand owner Thevea Brand Group has acquired Swedish outdoor retailer Friluftsvaror. For more than 50 years, Friluftsvaror has developed, produced and sold tents, backpacks, sleeping bags and other outdoor equipment. Through its online store, the retailer, which also operates a physical store in Malmö, sells its own Fjällmark brand ...
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News briefsThule opens first U.S. brand store in Denver
Thule will be opening a brand store in Denver, Colorado in summer 2021. While the Swedish company is already operating several dedicated brand stores throughout Europe, Asia, and Latin America, this new store will be the first one in North America. Much like the other brand stores, this retail experience ...
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News briefs
Shop Pay expands to Facebook and Instagram in the U.S.
Shopify is expanding Shop Pay – the fastest and most secure way to shop online, according to the Canadian e-commerce software company – to all U.S. Shopify merchants selling on Facebook and Instagram. With Shop Pay now available as a fast and secure payment option on Facebook, people also get ...
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News briefs
Payment service Klarna launches bank account in Germany
Klarna is launching consumer bank accounts in Germany, with the aim to provide them with further control of their finances. The launch marks a first for the company and will allow customers to easily track, categorize and analyze all of their everyday spending using the Klarna app. A Klarna bank ...
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ArticleDelivery problems take their toll on multichannel supplier Rose Bikes
After an extremely successful 2020 fiscal year with a 34 percent increase in sales, the Corona pandemic’s economic effects are now hitting German B2C bicycle supplier and retailer Rose Bikes. The Bocholt-based company speaks of a “lack of delivery reliability on the part of Asian component manufacturers. This has direct ...
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ArticleBike Exchange: IPO on Australian Stock Exchange
Source: Bike Exchange The Australian company behind Bike Exchange, Rpro Holdings Limited, went public with its “world’s leading digital bike marketplace.” Since Feb. 9, the marketplace has been listed on the Australian Securities Exchange (ASX) in Sydney under the name Bike Exchange Limited. The share code is ...
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News briefsInternetstores invests in an automated returns center
Source: Internetstores Internetstores returns center, Untertürkheim Frank Aldorf, chief brand officer at German multichannel retailer Internetstores, presented the company’s digital-first strategy at ISPO Munich Online. With its 40 online stores in 14 countries, including the stores fahrrad.de, Bikester, Brügelmann, Probikeshop, Campz and Addnature, Internetstores sells 1,350 brands. ...
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ArticleBezos hands over leadership of Amazon
Jeff Bezos will hand over the chairmanship of Amazon’s board in the third quarter of 2021 to Andy Jassy, the head of the cloud business Amazon Web Services (AWS). Amazon made the announcement on Feb. 2 after the U.S. stock market closed in Seattle. Source: Amazon Jeff Bezos ...
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News briefsDeckers appoints DTC and digital specialist to its board
Deckers Brands has appointed Maha S. Ibrahim to its board of directors, effective Feb. 1. Mike Devine, chairman of the board, said he especially values her experience identifying trends and driving growth in the direct-to-consumer and technology sectors. He also said Ibrahim’s insights and capabilities align with management’s focus on ...
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News briefs
K2 Sports upgrades North American B2B e-commerce with Elastic Suite platform
Emerald Holding, organizer of the Outdoor Retailer and Surf Expo trade shows, among others, announced that U.S. snowsports and outdoor company K2 Sports is now using Emerald’s Elastic Suite B2B e-commerce and digital merchandising solution for its U.S. and Canada markets. Emerald had just completed the acquisition of PlumRiver Technologies, ...
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News briefs
Didriksons pop-up in Paris
As reported by Sportfack, Didriksons is opening a temporary showroom in the Le Marais district of Paris at 12 Rue Notre-Dame de Nazareth. Didriksons’ offering has been available to French customers for a little over a year, but only through e-commerce at didriksons.com. The brand, founded in 1913 in Grundsund ...
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News briefsShopify expands Technovation partnership globally, inspiring future women in tech
Shopify, the global e-commerce software company headquartered in Ottawa, Canada, is expanding its partnership with Technovation, a global tech education nonprofit. The partnership started Shopify more than six years ago, originally to help young Canadian women become tech leaders in their communities. Shopify is now expanding the collaboration to the ...
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ArticleDigital natives are the most frequent cross-border e-commerce shoppers
A recent survey by eShopWorld, a privately held Irish company headquartered in Dublin with offices around the globe that provides a technology platform for brands and retailers looking to sell online to global markets, found out that younger, digitally native consumers aged 25 to 34 are the group that most ...
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News briefsTradeinn sales exceed expectations
Tradeinn, the Spanish e-retailer running several specialized international retail websites including snowinn.com, trekkinn.com, bikeinn.com, xtremeinn.com and many others, posted revenues of €288 million for 2020, representing an increase of €100 million from 2019, according to sport-guide.com. According to the report, results for the full year exceeded the company’s expectations, as ...
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News briefs
Bergfreunde.de teams up with Sport 2000
Starting Feb. 1, German online retailer Bergfreunde.de will be working with the Sport 2000 buying group. Bergfreunde.de was founded in 2006 and taken over by U.S. online retailer Backcountry.com in 2014. It is one of the leading climbing and hiking webshops in Germany, with a turnover of over €100 million ...
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ArticleSwedish DTC brand RevolutionRace with new chairman
RevolutionRace (RVRC), a Boras, Sweden-based D2C startup owned by Altor, a Stockholm-based private equity investment firm, has received a prominent addition to its board. E-commerce professional Paul Fischbein is taking over as chairman of the outdoor company that made around €50m in sales in 2020. RevolutionRace was founded by Pernilla ...
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News briefs
Italian postal service acquires Chinese e-commerce solution provider
The Italian postal and financial services group Poste Italiane and Cloud Seven Holding have signed a binding deal to reinforce their partnership in e-commerce services between Italy and China. Under the deal, Poste Italiane will buy 51 percent of the voting capital of Sengi Express, a wholly-owned unit of Cloud ...
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News briefs
Australia's BCF sees sales grow by more than 50% while online sales jump 113%
The BCF (Boating Camping Fishing) chain, part of Super Retail Group, posted a 51 percent sales increase in the financial half-year ending Dec. 26, 2020. Sales on a same-store basis also increased by 51 percent. Meanwhile, online revenues rose by 113 percent. BCF is Australia’s largest retailer of fishing tackle. ...
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News briefs
Brand Machine Group goes global with newly acquired U.S. outdoor brand Penfield
SGB Media reports that U.K.-based Brand Machine Group (BMG) has acquired U.S. outdoor brand Penfield, founded in 1975 and based in Massachusetts. BMG, a global licensing specialist, said it would begin Penfield’s global wholesale rollout this January for its fall/winter 2021 men’s and women’s collections; both will feature the brand’s ...
