News Briefs
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News briefsDecathlon Spain expands rentals to snow sports and now cycling
Decathlon Spain not only has introduced cycling rentals for adults but also, according to Palco23, will be the first in the country to offer a full selection on a subscription model. This full selection includes mountain, trekking and city bikes, both mechanical and electric. The monthly fee starts at €19.99 ...
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News briefsStromer launches Click&Collect sales on EU market
Following a pilot test in the US, Swiss S-pedelec pioneer MyStromer AG is now also launching its own online stores in the EU. The first virtual Stromer store will be launched in the Netherlands in the course of 2024. This will be followed by others in Germany, Belgium, Switzerland, France ...
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News briefsFahrrad.de founder takes over key assets of insolvent Internetstores
In mid-January, insolvency administrator Dr. Christian Gerloff informed the creditors that several interested parties had made binding offers to take over the insolvent bicycle and outdoor e-commerce retailer Internetstores GmbH – not for the entire group but for individual assets. The core sales platforms Fahrrad.de and Bikester, as well as ...
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News briefsOdlo migrates online business to Scayle
Sportswear brand Odlo has chosen Scayle’s enterprise commerce platform to future-proof its online business. The launch of Odlo’s new online presence is planned for early 2025. The move to Scayle will provide the Swiss-based functional apparel manufacturer with a flexible and expandable e-commerce platform optimized for B2C brands and retailers. ...
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News briefsRVRC’s Q2 sales, net increase double-digits
Swedish DTC outdoor company Revolution Race (RVRC), bolstered by double-digit sales increases in both the DACH and the Rest of the World regions, achieved double-digit sales, Ebit and net income increase for its Q2 ended Dec. 31. RVRC realized a 36 percent year-over-year gain in operating profit (Ebit) to 143 ...
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News briefsInternetstores at risk
The website Exciting Commerce reported that no investor has been found for Internetstores GmbH, a former subsidiary of the online sporting goods retailer Signa Sports United (SSU), which is also insolvent. Internetstores includes more than 32 web stores for bicycles, bicycle accessories, sporting and outdoor products, including Addnature, Bikester, Brügelmann, ...
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News briefsCampsider raises €2.5 million
Campsider, a French e-marketplace that sells second-hand outdoor and sporting goods, has secured €2.1 million in seed funding. The round was led by Founders Future, with Inovexus, Machame, Fair Equity and several business angel investors, including Christian George, the founder of Vestiaire Collective, and Xavier Le Guen, VP of Winter ...
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News briefsBergfreunde takeover finalized
As previously reported, the French sporting goods manufacturer and retailer Decathlon S.E. signed a purchase agreement in late November with the US outdoor retailer Backcountry to acquire the German mountain sports, climbing and outdoor e-commerce retailer Bergfreunde GmbH. It has now been officially announced that the transaction was completed and ...
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News briefsEider makes online comeback in Europe
Eider, the Annecy-based brand specializing in climbing and snow sports apparel, is back on the European market but only via e-commerce sites. Eider’s products are now available on Snowleader, an online retailer of outdoor and snow sports products based in the Savoy region of France, and Eider’s own webshop. Founded ...
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News briefsKask launches new website, goes multi-channel
On Nov. 8, Italian manufacturer Kask launched its new website with a new interface design and many new functions, including the brand’s first online store. The new website is available in five languages (Italian, English, French, Spanish and German) and is divided into sections for cycling, winter sports and equestrian ...
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News briefsRevolution Race’s Q1 net rises 36% on strong sales growth
Fueled by 44 percent growth in its Rest of World region, the Swedish DTC outdoor company Revolution Race (RVRC) generated 24 percent revenue growth to 342 Swedish kroner (€29.2m) for its first quarter ended Sep. 30. Adjusted Ebit, excluding SEK 12 million in costs related to an incentive program, improved ...
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News briefsSigna: Benko steps down, hands over chairmanship
As the company announced on Nov. 8, 2023, Austrian real estate investor René Benko has stepped down as Chairman of the Advisory Board of Signa Holding and handed over the chairmanship to Arndt Geiwitz. The German restructuring specialist is also taking over the chairmanship of Signa’s shareholders’ committee, as reported ...
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News briefsSSU files for insolvency
Sports e-commerce company Signa Sports United (SSU), controlled by Austrian investor René Benko’s Signa Holding, has filed for insolvency. The Bielefeld District Court, where the application was filed, appointed Munich-based lawyer Christian Gerloff as insolvency administrator. The German business newspaper Handelsblatt was the first to report the insolvency filing, which ...
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News briefsBike24 again revises 2023 revenue forecast
Based on preliminary calculations for the third quarter of 2023, the Management Board of listed e-commerce bicycle retailer Bike24 Holding AG decided on Oct. 25 to adjust the forecast for the company’s revenue development in fiscal year 2023, or more precisely: to correct it downward. The company’s already revised forecast ...
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News briefsInternetstores GmbH files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
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News briefsInventory levels weigh on Outnorth’s FY2022
International outdoor e-tailer Outnorth, based in Växjö, Sweden, has presented its financial results for FY2022. Net sales increased slightly to 1.1 billion Swedish kroner, compared with SEK 1.073 billion a year earlier. At the same time, operating profit fell significantly to SEK 2.1 million, down from nearly SEK 60 million ...
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News briefsPernilla Nyrensten declines re-election to RVRC’s board
Source: RVRC Pernilla Nyrensten In a press release accompanying its proposal for the composition of Revolution Race’s (RVRC) Board of Directors for the next Annual General Meeting on Nov. 21, the company’s Nominating Committee published last Friday that Pernilla Nyrensten has decided to leave the board of ...
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News briefsOutnorth names new CEO
Source: Outnorth Ville Kangasmuukko Nordström After Harald Ennen decided to leave Sweden-based e-commerce company Outnorth and his role as CEO this summer, a successor has now been found in Ville Kangasmuukko Nordström, currently CEO at leading Swedish fashion shopping company Bubbleroom. He will take up his new ...
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News briefsSpecialized opens new bike store in Munich
Source: Specialized Back with a big bike store in the Bavarian metropolis: US bicycle outfitter Specialized After the long-time Specialized Concept Store Munich operator Alpha Bikes showed the American bike maker the red card (after 24 years, Alpha Bikes was not happy about the distribution change of ...
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News briefsYamaha Bicycles launches new U.S. e-commerce platform
Yamaha Bicycles is celebrating 30 years as a pioneer in e-bikes by announcing the launch of an all-new e-commerce platform in partnership with its large network of dealers in the USA. Effective immediately, e-bike enthusiasts in the U.S. can purchase their new Yamaha Power Assist Bicycle online at yamaha-motor.com and ...
