Retail & Distribution – Page 11
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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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ArticleAustria imposes a general lockdown, Germany approves a new infection protection act
Without waiting for the end of a previously imposed confinement for the unvaccinated, which started on Nov. 15, the Austrian government decided that everybody will go into a general, nationwide lockdown for a maximum of 20 days on Monday, Nov. 22, and that it will be extended for unvaccinated people ...
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ArticleFirst Dynafit brand store in Munich opens with expert panel on resort ski touring trend
Dynafit has opened its first brand retail store on Nov. 12 in downtown Munich, Germany, with 80 square meters of space. With the new store, the ski mountaineering specialist wants to establish a new meeting place for the local ski touring and mountaineering scene. At the opening, five experts discussed ...
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ArticleGood first semester for stock market newcomer USWE despite delivery problems in Q2
For the second quarter of 2021, ended Sept. 30, Swedish company USWE Sports AB, which was founded in 2007 and went public on the Nasdaq First North Growth Market on June 24 this year, reported an increase in net sales to 12.8 million Swedish kronor (€1.28m-$1.46m). Operating income before depreciation ...
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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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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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ArticleBründl Sports opens new flagship store, carries Marcel Hirscher’s new ski and apparel brands
Bründl Sports’ new flagship store with a net sales area of 2,500 square meters (total size: 5,600 sqm) opened in the heart of the Austrian ski and mountain sports town of Kaprun on Oct. 1 after a construction period of only one and a half years. Above all, the topic ...
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ArticleJD Sports Fashion’s outdoor segment turns around
JD Sports Fashion reported a record profit before exceptional items and taxes of 439.5 million pounds (€515.1m-$608.8m) for the first half ended July 31, up sharply from £61.9 million in the same period a year ago, as acquisitions, the U.S. government’s stimulus package and pent-up demand allowed it to rebound ...
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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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ArticleSales 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 to the association, total ...
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ArticleSvenskt Sportforum launches quarterly industry index based on sales of Swedish retail chains
Industry organization Svenskt Sportforum has launched the Sportindex, a Swedish industry index produced in collaboration with Stockholm-based HUI Research that includes statistics on the development of the sporting goods retail industry. The new Sportindex aims to provide a credible and quality-assured statistical basis that is valuable for industry players such ...
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ArticleOutdoor-Profis becomes wholly owned Sport 2000 subsidiary
Outdoor-Profis GmbH, the umbrella company for the outdoor specialty retailers that are part of the Sport 2000 sporting goods buying group, has become a wholly-owned subsidiary of the Sport 2000 GmbH group. Acquisition details were not disclosed. Previously, Sport 2000 held an unspecified minority stake in Outdoor-Profis. With the acquisition ...
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ArticleBergzeit 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 role ...
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ArticleU.S. debut of German-Austrian Nox Cycles
German-Austrian e-bike manufacturer Nox Cycles Austria GmbH, which once emerged from Berlin-based Hawk Bike Sales GmbH, is expanding not only from the DACH region into other EU countries but also toward the Americas. While it has already gained a foothold in South America two years ago through an importer in ...
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ArticleLive 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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ArticleA.S. Adventure Group becomes Yonderland as it completes its refinancing
The A.S. Adventure Group is changing its name to Yonderland as it completes a financial reorganization under which its bank lenders have acquired a minority stake in the company. In addition to rescheduling its debt, it will also receive a capital injection of €25 million to support its growth strategy ...
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ArticleFinnish 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 gross ...
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ArticleWeSports 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, climbing and snow sports retail group. ...
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ArticleChinese 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 portfolio presented at ...
