E-Commerce and DTC – Page 5
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German e-commerce grows strongly, marketplaces on the rise
Berlin-based e-commerce and mail order trade association, bevh , has released its market figures for the second quarter of 2021, seeing an unbroken overall trend towards e-commerce and marketplace sales for all types of goods in Germany. After strong recovery effects earlier in the year, e-commerce revenue in the ...
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Sales in Austrian sports retail strongly divided in 20/21 winter season
Pointing to the strongly diverging business development for Austrian retailers (depending on location and product range focus), the national Association of Sporting Goods Manufacturers and Suppliers ( VSSÖ ) provided a first summary for the full year 2020 and the winter season Q4, 2020, and Q1, 2021. According ...
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Bergzeit implements code of conduct for outdoor activities and suppliers
Bergzeit , the German online outdoor and mountain sports retailer based in Otterfing near Munich, has published a four-page code of conduct for activities in the mountains aimed at its employees and external partners. In view of the growing recreational pressure in the Alps, the company wants to “be a ...
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Bergfreunde and the reduction of e-commerce’s carbon footprint:
“We are pioneers”Germany-based Bergfreunde GmbH ( bergfreunde.de ), part of the U.S.-based Backcountry Group (backcountry.com), is an online-only retailer selling outdoor clothing and equipment in a total of 14 European markets. In 2020, it generated sales of €155 million. In April , Bergfreunde joined the Science Based Targets ...
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Study shows cross-border online shopping habits of Europeans
Cross-Border Commerce Europe ( CBCommerce ), a Brussels-based platform promoting cross-border online commerce in Europe, has examined and evaluated the 16 strongest European countries in terms of both consumer behavior and business performance in cross-border online shopping that generated sales of €146 billion in 2020 (excluding the travel segment) in ...
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bd-capital invests in shopping club SportPursuit
SportPursuit , a flash sales website for premium outdoor and sports gear currently selling mainly in the U.K. and Germany, announced its partnership with bd-capital , a London-based, pan-European, operationally managed private equity firm established in 2019. According to a company statement, bd-capital’s investment, which was not disclosed in a ...
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Big business on social media:
Where digital natives shopThe plain “Buy now”-button seems to be a thing of the past. Online shopping is reducing friction, getting more intuitive, more fluid – and more social. “Social commerce” – or “social shopping” – is the fastest-growing distribution channel worldwide. Shoppable posts and stories allow brands and users to tag specific ...
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Cotopaxi and Nemo to offer second-hand products in the U.S. through REI
Cotopaxi and New Hampshire-based outdoor gear design company Nemo announced the launch of a new trade-in recommerce program with Trove and U.S. outdoor retail chain REI to provide customers with more options for used gear. Trove develops technology that enables brands to take control of their resale marketplaces to deepen ...
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Signa Sports United buys bike e-tailer Wiggle - and plans to go public
Through a merger with Yucaipa Acquisition Corporation , a U.S. special purpose acquisition company, the previously indicated IPO (see SGI Europe ) of Berlin-based Signa Sports United ( SSU ), led by Austrian investor Rene Benko , will now proceed faster than anticipated. According to a projected valuation, the combined ...
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Live video shopping: Isbjörn pilots with Streamify, Go Instore sees popularity despite end of lockdown
Even as more and more countries are reopening brick-and-mortar retail, store technology service provider Go Instore sees strong interest in its platform that enables virtual visits to retail stores since pandemic restrictions imposed temporary store closures across Europe. The London-based IT company recorded 2.4 million unique visitors to its offering ...
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Is blockchain technology just a hype or helpful?
Blockchain technology (BT) is generally associated with cryptocurrencies, but it is rapidly being adopted in other sectors to streamline bureaucracy and foster transparency. In February 2019, the Italian industry ministry announced plans to set up, jointly with the computer giant IBM , a national scheme using BT to guarantee the ...
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Amazon publishes first Brand Protection Report
Amazon released its 2020 Brand Protection Report , which provides a comprehensive overview of how the company ensures customers are buying authentic products in its stores. According to the paper, the company invested in dedicated teams and industry-leading machine learning technology to proactively protect customers, brands and its selling ...
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Finnish Verkkokauppa.com improves sales and profitability along with strong online sales
Verkkokauppa.com , one of the most visited Finnish online retailers known for its very competitive prices, has published its financial report for the first quarter of 2021. Revenue for the period from Jan. 1 to March 31 grew by 7.0 percent year-on-year to €134.0 million (Q1 2020: €125 million), with ...
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WeSports acquires Nordic Outdoor & Sports Group
WeSports AB , a Stockholm-based group of individual sports, outdoor and mobility companies that operates online as well as physical stores and product brands, and GOB Invest , also based in Stockholm, have acquired Nordic Outdoor Sports Group AB ( Nordic OSG ), a leading Scandinavian outdoor, ...
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Tencel launches e-commerce platform
Lenzing Group ’s Tencel ™ textile brand has launched the Tencel eShop . This first e-commerce site from a sustainable fiber manufacturer “bridges the divide between manufacturers and the end-consumer by curating a diverse mix of apparel and home goods made of Tencel branded fibers,“ the company said. The debut ...
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Chinese e-mobility specialist Yadea announces global expansion course
At an international press conference in mid-April, Chinese e-two-wheeler giant Yadea Technology Group Co., Ltd. unveiled its product mix with which it plans to make a global splash in the future. Under the slogan “ Electrify your life ,” the first e-scooters and e-bikes were added to the global ...
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In a global FMCG comparison, Germans, French and Danes are more reluctant to buy online than others
In its latest Fast-Moving Consumer Goods ( FMCG ) Report 2021 , London-based data and analysis company YouGov surveyed more than 19,000 consumers in 17 markets worldwide to find out about their shopping behavior. The study reveals differences between the various markets, but also similarities. A 59 percent ...
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Recent studies show mixed picture of Covid-related shopping behavior
According to recent studies by the Association of Swiss Sports Retailers ( ASMAS ), based on credit card data from Worldline , along with the latest data from Mastercard , the outlook for brick-and-mortar retailers is moderately optimistic, albeit very mixed across the EU. In general, a slow return of ...
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Canyon launches in Canada
Following its successful entry into the U.S. market in 2017, and just days after Belgian investor group Groupe Bruxelles Lambert ( GBL ) and co-investor Tony Fadell invested in the company, German bicycle supplier Canyon Bicycles – claiming to be the “world’s leading DTC bicycle brand“ – has ...
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NPD study evaluates impact of Covid-19 on different distribution channels
U.S. consulting group NPD has released its latest study on the impact of the pandemic on the outdoor retail market. NPD collects its point-of-sale data from more than 600,000 retail locations, including more than 1,450 specialty sporting goods stores, as well as e-commerce and mobile platforms, and maintains offices ...