News Briefs – Page 7
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News briefs
Klarna acquires comparison shopping service PriceRunner
Klarna, the retail banking, payments and shopping service from Sweden, announced the acquisition of all shares in PriceRunner, a leading comparison shopping service in the Nordic region, from Creades, which invested SEK 370 million (€37.4m-$43.4m) in the price comparison site earlier this year, for just over SEK 9 billion (€910m-$1bn). ...
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News briefs
BikeExchange creates chief customer officer position
BikeExchange Limited, an operator of a global online cycling marketplace, has appointed Rebecca Boxall as chief customer officer, a newly created position that completes the recruitment of its leadership team following the company’s IPO in February. Boxall, who is currently VP of e-commerce, marketing and customer experience at Canadian company ...
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News briefs
Wildberries expands to Baltics
Russia’s largest online retailer Wildberries is entering Latvia, Lithuania and Estonia, but the marketplaces are only available in English and Russian. The company also announced that iOS and Android mobile applications would soon be available in the three Baltic countries. Wildberries indicated that international logistics operators deliver orders in the ...
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Canada Goose’s Basecamp community is first to buy the brand’s new footwear
Canada Goose announced a pre-sale for its first footwear collection available only to members of Basecamp, the brand’s (free) community platform. On Basecamp, fans are the first to hear about company announcements and product launches, including new collections and limited editions, plus they get exclusive access to experiences such as ...
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News briefs
Signa Sports United collects more funds
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United (SSU), the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s ...
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News briefs
Bergans with new German online store and e-commerce team
Bergans Outdoor GmbH, the German subsidiary of the Norwegian outdoor company Bergans of Norway, launched its new online store for Germany on Oct. 12, complementing the already existing Norwegian and Swedish DTC webshops. Laura Ninnemann and Gizem Karakoyun are responsible as the e-commerce team for the new German store. Ninnemann, ...
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News briefs
Signa Sports to launch AI-based virtual bike fitting engine
Sports e-commerce and tech platform Signa Sports United (SSU) has entered a strategic partnership with Motesque, a Brooklyn, NY, and Cologne-based specialist startup for biomechanics, computer vision and AI, to launch the first-ever biomechanical AI-based virtual bike fitting engine for online bike shopping. Motesque was founded in 2015 by Professor ...
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News briefs
Lowa launches DTC web shop for EU consumers
German mountain and outdoor footwear manufacturer Lowa, part of the Italian Tecnica group, is adding a shopping function to its website www.lowa.com, which was relaunched globally in June 2020. From November 2021, customers from EU countries will be able to order a defined selection of the product range directly from ...
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Adidas rolls out resale program
Adidas’ new “Choose to Give Back” resale program, which leverages thredUP’s Resale-as-a-Service® (RaaS®) platform and expertise, allows consumers to send used products from any brand to Adidas for reuse or resale via the Adidas Creators Club App. The program – part of the company’s efforts to promote a circular product ...
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DTC brand RevolutionRace launches Swiss online store in French and German
Swedish DTC outdoor brand RevolutionRace, which went public on the Nasdaq Stockholm stock exchange in June, continues its growth trajectory with the launch of a local online store in Switzerland. With the new store, which offers Swiss customers the option to shop in both German and French, RevolutionRace’s offerings are ...
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News briefs
Fjällräven launches platform to design your own Kånken
With Kånken Me, Fjällräven is launching a new platform that makes it possible for Kånken fans to be creative and make their Kånken even more personal. With 14 color options and 15 customizable pieces, the online configurator offers over 100,000 billion possible combinations, making it nearly impossible ...
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News briefs
Propain Bicycles goes America
German niche D2C brand Propain Bicycles (custom handcrafted mountain bikes) is using the 2021 Sea Otter Classic U.S. bicycle festival in Monterey, California, which has been moved from its traditional May date to Oct. 7-10, to introduce itself along with its newly formed subsidiary Propain Bicycles USA. With this move, ...
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Online marketplace Planetics with successful first financing round
Munich-based startup Planetics has successfully closed its first six-figure financing round for its online marketplace for sustainable and fairly produced sporting goods. The exact investment sum was not disclosed. Less than a year after its founding in Oct. 2020, the startup was able to convince various investors, including a former ...
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News briefs
PayPal acquires Japanese buy-now-pay-later venture
U.S.-based payment platform PayPal Holdings has announced the acquisition of Paidy, a digital payment platform based in Japan. Paidy develops a two-sided payment platform and is also a provider of buy-now-pay-later solutions in Japan, a strategically important market for PayPal. According to the American company, almost three-quarters of all purchases ...
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News briefs
Klarna launches “Pay in 30 days” in Poland
Klarna, the Swedish banking, payment and shopping service with over 90 million users worldwide, officially launched in Poland on Aug. 18, partnering with H&M to introduce the popular “Pay in 30 Days” option and the Klarna app. Klarna will expand its presence in Poland with a local team and office ...
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News briefs
Carrera launches DTC webshop in the U.S.
Safilo is taking another step towards its digital transformation by launching a new e-commerce platform for its house brand Carrera in the U.S. The launch of the dedicated website, us.carreraworld.com , coincides with the 65 th anniversary of the brand. The Carrera direct-to-consumer site is already live ...
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News briefs
Trek launches e-commerce program in Germany and Austria
U.S.-based Trek Group began offering German consumers the ability to access its extensive product portfolio through its website on Aug. 2. Starting Aug. 25, the virtual offering, which also includes the German bicycle brand Diamant and the parts and accessories brand Bontrager , will be expanded to consumers ...
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News briefs
Aquafil launches e-shop with Econyl products and sustainable search filter options
Yarn supplier Aquafil is reaching out to consumers: the Italian company has just launched an Econyl e-shop platform, where – for the first time – customers can buy a range of sports, lifestyle and fashion products made from the company’s regenerated nylon Econyl directly in one place. According ...
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News briefs
Luis Trenker with new stores
Luis Trenker has moved its store in Salzburg’s Judengasse across the street to a new, approximately 120-sqm location. In addition, openings of new shops are planned this August in Munich’s downtown luxury mall Fünf Höfe as well as in the South Tyrolean capital of Bolzano, home of the brand, which ...
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News briefs
NewStore has a new president
NewStore, a Berlin- and Boston-based company offering turnkey omnichannel store solutions, promoted Richard Berger, who joined the company in December 2019 to oversee its customer-facing operations, from chief commercial officer to president. Stephan Schambach, NewStore’s CEO, chairman and founder, will continue to lead the executive team and board of directors.