E-Commerce and DTC – Page 4
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ArticleGerman fashion chain Adler to enter outdoor business with McTrek
Germany’s Adler Modemärkte is cooperating with McTrek Retail GmbH to enter the outdoor product market with its more than 130 Adler stores in Germany, Austria, Luxembourg and Switzerland. Adler Modemärkte AG, a company that had been strong with private labels in the past, went into insolvency in 2021 and was ...
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ArticleRetailer Bergzeit invests in community electricity, gets support from Patagonia
A panel discussion in March at the retailer’s company headquarters made it clear what a contribution to the energy transition can look like and how important it is.
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ArticleSSU grows by only 10.6% as bike supply issues persist
Signa Sports United (SSU), which continues to be hampered by supply chain issues within its full-bike segment, grew first-quarter revenues by 10.6 percent to €213 million due to strong sales gains within its tennis (+43 percent) and outdoor equipment (+20 percent) segments. Excluding sales of full bikes, first-quarter revenues climbed ...
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ArticleAn increasing number of brands is entering the apparel rental business
For outdoor and sports equipment brands, the rental business is an essential pillar for a sustainable business. And now, a growing number of companies are offering apparel as well. Here’s an overview.
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ArticleRevolutionRace keeps up sales momentum
Swedish DTC outdoor company RevolutionRace (RVRC) says it is seeing continued robust growth at the start of the third quarter of its fiscal year, after sales in the second quarter increased by 58 percent to 392 million Swedish kronor (€37.5m-$42.8m) amid continued strong demand for multifunctional garments. On a constant ...
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ArticleU.K. e-tailer SportsShoes.com stocks Patagonia’s Hike and Trail line
SportsShoes.com, an online retailer of running, hiking and fitness products headquartered in Shipley, Yorkshire, has entered into a retail partnership with Patagonia for the Californian brand’s Hike and Trail collection. Brett Bannister, managing director of SportsShoes.com, commented to local news website T&A: “We are hugely excited to have a brand ...
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ArticleU.S. retail and experience brand Evo acquires snowsports retail and rental chain Rhythm Japan
Rhythm Japan, a Japanese snowsports retail group established in Niseko in 2005 by two Australian snowsports professionals, has been 100 percent acquired by Seattle-based outdoor retail and experience brand Evo. Evo operates 9 stores in the U.S. and Canada, two All Together skateparks, as well as lodging and travel businesses, ...
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ArticleAlibaba tops Greenpeace’s environmental ranking among China’s e-com platforms
Greenpeace East Asia has ranked China’s largest e-commerce platforms based on their commitment to combating climate change, actions already taken, level of disclosure and steps taken to manage the marketplaces responsibly and sustainably. According to the climate activist group, Hangzhou-based e-commerce platform Alibaba, which last December pledged to become carbon ...
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ArticleNew study on social shopping in Germany: Where the product finds the buyer
One in five Germans has bought something via social networks, just as many can imagine it. Social media and e-commerce are merging, and the customer journey is being redefined. A recent YouGov study shows the relevance of social shopping for German consumers.
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ArticleFESI and others object to parts of the changes in EU antitrust commercial regulations
The European Commission has agreed to revise at least one of the new draft regulations and guidelines for VBER 2022 that it submitted for public review on July 9 and that would govern future relationships between suppliers (brands or manufacturers) and their wholesale and retail customers. The Federation of European ...
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ArticleE-commerce in Latin America to grow 37 percent by 2021, digital wallets for payment on the rise
According to the Beyond Borders 2021/2022 study by EBANX, a payments company that connects global and local businesses with Latin American consumers, the Latin American digital commerce market is expected to grow 37 percent year-on-year by the end of 2021, with double-digit growth across the region through 2025. Within this, ...
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ArticleSupply bottleneck slows Bike24’s third quarter
German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG, which has been listed on the stock exchange since mid-2021, reported good sales growth and continued high demand for its third quarter of the current fiscal year 2021. However, due to the “persistently tense situation on the sourcing market,” ...
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ArticleRevolutionRace nearly doubles turnover in Q1, German sales up 156%
RevolutionRace (RVRC) saw sales in the first quarter of its fiscal year jump by 95 percent from the year earlier to 254.2 million Swedish kronor (€25.6m-$29.7m), supported by continued demand for multi-functional garments and led by a stellar performance in Germany. On a constant currency basis, sales increased by 98 ...
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ArticleBike-Components joins forces with brick-and-mortar retailers
The German e-commerce bicycle platform Bike-Components (managed by BC GmbH & Co. KG) is launching a new business segment next year: BC Remote is an ordering platform for brick-and-mortar bicycle dealers only. The background to this is that bicycle shops, in times of supply bottlenecks, sometimes search for missing parts ...
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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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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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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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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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ArticleKlarna 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 ...
