All E-Commerce & DTC articles – Page 5
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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 ...
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News briefsCustomer loyalty programs help western brands attract Chinese consumers
According to Alibaba, brands are investing more than ever in loyalty programs to attract and retain Chinese consumers during this year’s 11.11 Global Shopping Festival. According to the report, well-known brands such as The North Face are relying on membership programs to encourage repeat purchases. They offer early access, hard-to-match ...
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ArticleRVRC experiences improving trends in September
RevolutionRace (RVRC), the Swedish outdoor DTC company, which installed Paul Fischbein as its permanent CEO Oct. 7 following the mid-August resignation of founder and former CEO Pernilla Nyrensten, reported a 31 percent drop in first quarter operating income to 49.8 million Swedish kronor (€4.7m) from SEK 72.7 million. Net profit ...
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News briefsKathmandu launches in Europe and the UK
Following an appearance at Paris Fashion Week in late March and a collaboration with renowned Paris retailer Leclaireur to launch its FW 2022 collection, Kathmandu, the New Zealand-based outdoor apparel and gear brand, has now launched country-specific online stores in the U.K., France and Germany, in addition to supplying select ...
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News briefsBergzeit Re-Use expanded to include outdoor clothing for kids
Bergzeit is expanding its “Re-Use” online store, launched earlier this summer, to include second-hand outdoor clothing and footwear for children. The store now offers jackets, pants, sweatshirts, shoes and even equipment such as hiking backpacks or bike bags for the whole family from well-known brands such as Patagonia, Ortovox, Maloja, ...
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News briefsShopify exceeds expectations
E-commerce platform Shopify, headquartered in Ottawa, Canada, has released excellent third-quarter results, posting a 22 percent year-over-year revenue increase to $1.4 billion. “Shopify is the central nervous system that powers millions of businesses around the world. During Q3, merchants continued to recognize Shopify’s exceptional value and increased their adoption of ...
