Latest News & Analysis – Page 170
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ArticleNew EU Platform-to-Business regulation for fair Internet business
On July 12, 2020, a new Platform-to-Business Regulation (P2B) came into force in the European Union to ensure more transparency and fair competition from Internet marketplaces and online platforms. One of the reasons for the new quidelines is that the business of the affiliated retailers is largely dependent on the ...
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ArticleBergzeit strengthens IT division and CSR management
Bergzeit is strengthening its management team with Alexander Bednarz as head of IT. Bednarz is an internationally experienced e-commerce and software specialist. The graduate in business informatics will be responsible for the newly structured areas of business intelligence, online product management, software development and network & systems. The expansion and ...
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ArticleOutdoor industry stocks rebound in Q2
Feeling that the outdoor sports sector is going to survive the Covid-19 crisis better than other sectors of the economy, investors have given it a bonus, raising the average share price of 12 major public outdoor companies by 29.5 percent between the end of the first quarter and the end ...
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ArticleBuy online = Buy local: Intersport Germany refines its multichannel model
Intersport Germany is combining its online shop and local sports shops. Under the motto “Buy online = Buy local,” products ordered online on Intersport Germany’s website are now distributed by “playmaker principle” to local brick-and-mortar shops, from where they reach the consumer the shortest possible way. In addition to free ...
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ArticleHydro Flask recovers thanks to store reopenings and outdoor boom
Helen of Troy, operating out of El Paso, Texas, reported that sales of its Housewares segment, which includes Hydro Flask, declined by 3 percent to $140,628,000 in the first quarter ended on May 31 as compared to the year-ago period, primarily due to the temporary closure of key U.S. ...
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ArticleIspo Shanghai with new visitor record
Ispo Shanghai closed on July 5 with a total of 17,776 visitors in three days, 14 percent more than a year ago – a pretty good result considering that it was the first major show in our industry to be held offline after the cancellation of Ispo Beijing and other ...
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ArticleOnline sales support Kathmandu and Rip Curl
Kathmandu Holdings told investors that it expects a 30 percent drop in adjusted Ebitda for the current financial year, in spite of strong online sales during the recent corona-related retail lockdowns in Australia and double-digit sales increases overall after its stores reopened. While it is still more than half way ...
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ArticleGo Outdoors woes hit JD Sports’ outdoor division
UK retailer JD Sports Fashion announced its final results for the financial year ended on Feb. 1 and said annual losses at its Outdoor division widened as it felt the impact of troubles at the Go Outdoors chain. Operating losses at Outdoor were £16.3m (€18.1m-$20.5m), wider than the £4.3m in ...
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ArticleHow do retailers handle excess inventory in times of Covid-19?
(Originally published on Shoe Intelligence) Managing stock has always been a tricky part of any business. But it becomes even more so when demand evaporates overnight as occurred with the outbreak of the Covid-19 pandemic and the subsequent lockdowns worldwide, prompting manufacturers and retailers to be nimble and explore various ...
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ArticleeVent has a new owner
eVent fabrics, a Missouri-based developer of waterproof apparel, has announced that as of June 30, Performax Pro has assumed full ownership of the brand after acquiring it from Parker Performance Materials for an undisclosed sum. Performax Pro, based in Hong Kong, is a provider of performance fabrics in Asia, the ...
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ArticleCovid-19 drives rent renegotiations, partnership
(Originally published on Shoe Intelligence) Retailers from Europe to the U.S. have sought rent relief as they reel from Covid-19 shutdowns and reopen stores faced with higher costs to meet health and safety requirements and uncertain sales prospects. Although some landlords have taken a hard line, many are trying to ...
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ArticleIspo’s first live digital conference inspires and informs
The digital conference Ispo Re.Start Days premiered on June 30 and July 1. Around 100 company representatives and industry experts from about 50 countries met in a studio at the Munich exhibition center or joined online from their home or corporate offices to discuss the new start of the sporting ...
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ArticleThe winners of the Scandinavian Outdoor Award
The Scandinavian Outdoor Group (SOG) has announced the winners of the Scandinavian Outdoor Award for the coming spring/summer season. Due to travel restrictions associated with the Covid-19 pandemic, the jury selected this year’s winners - one main winner and four category winners – not in the mountains of Austria, but ...
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ArticleChanges in Deuter’s management
Just hours after he participated in a panel of experts on the topic of how to overcome the corona crisis at the Ispo Re.Start Days, the German backpack and sleeping bag specialist Deuter announced that Martin Riebel will step down from his position as managing director of the brand on ...
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ArticleVaude and others join Facebook boycott
Vaude is the first German outdoor brand to join the international #StopHateForProfit campaign, which wants to encourage Facebook to take more action against hateful, violent and racist content in its networks. The outdoor brand has stopped all paid advertising on Facebook and Instagram from July 1 until further notice. The ...
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ArticleConference program of Ispo Re.Start Days
With the Ispo Re.Start Days, the Ispo Group is organizing a digital live conference on June 30 and July 1 to provide orientation and growth strategies for the time after the Covid-19 pandemic. In compliance with the current protection and hygiene regulations, the majority of the speakers will meet in ...
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ArticleGore presents new sustainability framework with ambitious CO2 targets for its fabrics division
W. L. Gore & Associates has released a new Sustainability Framework for its Gore Fabrics Division. The framework reflects the evolution of the company’s sustainability strategy and provides a cohesive, tangible expression of the company’s diverse and long-term commitment. In particular, it demonstrates Gore’s commitment to protecting people and the ...
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ArticleOutdoor brands stop ad campaigns on Facebook and Instagram
On June 19, The North Face (TNF) became the first major sporting goods company to stop advertising on Facebook after civil rights organizations put increasing pressure on Facebook for moderation content and hate speech following the death of George Floyd. In a tweet that said “We’re in. We’re Out,” TNF ...
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ArticleRussian outdoor market on the rise, online booming
The demand for outdoor goods in general in Russia in June is 94 percent higher than at the same time last year, says the Russian online marketplace Avito in a statement. On average, the number of customers looking for travel backpacks, sleeping bags, and similar items is nearly a third ...
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ArticleRossignol’s legendary president Laurent Boix-Vives has passed away
The Rossignol Group has informed the public of the passing of Laurent Boix-Vives. Mr Boix-Vives, who had been the company’s legendary chairman for some 50 years, died on Thursday, June 18, at the age of 93. On behalf of the great Rossignol family, of which he was the spiritual father, ...
