Retail & Distribution – Page 12
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ArticleIn 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 majority of consumers across all ...
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ArticleLower losses in JD’s outdoor retail operations
JD Sports Fashion Plc managed to report generally good results for the year ended Jan. 30, 2021, in spite of the impact from the coronavirus pandemic and Brexit, “which have severely tested all aspects of the business,” the management said. The company’s profit before tax and exceptional items of £421.3 ...
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ArticleGfK survey in the USA sees brand loyalty as payoff for intelligent consumer approach
In a survey of 1,000 U.S. residents, market research institute GfK asked consumers about their brand loyalty and trust in brands and retailers in relation to data security, as well as soft parameters such as CSR and political issues. According to the study, one of the social changes that the ...
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ArticleHDE calls for new retail regulations; retailers fear 60% loss with compulsory corona testing
In view of the amendment to the Federal Infection Protection Act announced for next week, the German Retail Federation (HDE) is calling for targeted measures to effectively contain the third wave of Corona currently affecting the country. The HDE is critical of a possible further lockdown with store closures by ...
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ArticleHervis with new flagship stores focusing on bike and outdoor
Source: Hervis Nina Kronberger, sales manager Vienna region, and bike store manager Thomas Radon At the end of March, Austrian sporting goods chain Hervis Sports, which belongs to the Spar group, opened a new bike flagship store after transforming a regular multi-category store in the Stadlau district ...
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ArticleRecent 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 the buying spirit is ...
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ArticleVF’s new fulfillment center in the U.K. begins operations
VF Corp., through its local subsidiary VF Northern Europe Limited, has begun operations at its new fulfillment center in Bardon, Leicestershire, which will employ about 250 people at peak times. The new 55,800-square-meter center will have “state-of-the-art automation capabilities putting it at the forefront of the footwear and apparel industry.” ...
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ArticleDTC e-bike brand VanMoof heralds global stationary service expansion
As part of its core global strategy, flourishing DTC e-bike supplier VanMoof announces plans to expand its local presence from eight to 50 cities over the next six months. With this move, the Dutch company aims to strengthen its position “as an e-bike leader” in the field of urban mobility. ...
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ArticleCanyon 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 announced its entry into ...
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ArticleNPD 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 in ...
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ArticleLightspeed acquires Vend to drive global retail expansion
Montreal, Canada-based omnichannel commerce company Lightspeed POS Inc. has announced the imminent acquisition of New Zealand-based competitor Vend Limited, a cloud-based retail management software company, by the end of April. The expansive move will grow Lightspeed’s customer base by more than 20,000 customer locations worldwide, roughly doubling the company’s current ...
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ArticleGerman court stops regional privileges for individual retail sectors
The Higher Administrative Court has overturned the different opening rules for retailers during the Corona pandemic within the small state of Saarland in western Germany. According to the ruling, the same regulations will apply to all types of retail in the state. Since March 6, most retailers in Saarland have ...
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ArticleGermany extends lockdown; England eases the rules
On March 3, the federal-state conference in Germany decided on how to further extend its present lockdown for non-essential retailer operations until March 28 to help fend off the Covid-19 virus. Like in the U.K., it will be phased out in stages, but retailers are furious, partly ...
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ArticleHartje and Mavic cooperate in Benelux and Denmark
Effective March 1, German bicycle wholesaler and importer Hermann Hartje KG will distribute the French brand Mavic in Benelux and Denmark. In Germany, Mavic S.A.S. currently still distributes its products with its own team. Both partners have a long history: Hartje has been around since 1895, Mavic since 1889. In ...
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ArticleDelivery problems take their toll on multichannel supplier Rose Bikes
After an extremely successful 2020 fiscal year with a 34 percent increase in sales, the Corona pandemic’s economic effects are now hitting German B2C bicycle supplier and retailer Rose Bikes. The Bocholt-based company speaks of a “lack of delivery reliability on the part of Asian component manufacturers. This has direct ...
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ArticleTecnica launches ski boot recycling project
Tecnica has introduced Recycle Your Boots, a project that aims to promote the circular economy by transforming old, used boots into second-generation materials. A ski boot is made of up to 120 components, which typically end up in the landfill, the company explains. Any skier who plans to buy a ...
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ArticleFenix ends 2020 in the red
The Fenix Outdoor International group posted weak results for the fourth quarter of 2020. The management said that the quarter started well, with strong reorders and brick-and-mortar sales that were showing signs of improvement. However, the second wave of the pandemic and civil unrest in the U.S. – which led ...
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ArticleMyStromer opens EU service center in the Netherlands
On Feb. 1, Swiss s-pedelec pioneer MyStromer opened a new EU service center in Treurenburg, the Netherlands. Kobe Broos, former market manager, Stromer Benelux, was appointed managing director of the new subsidiary Stromer Europe B.V. In a first step, accessories and spare parts for EU customers will be delivered directly ...
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ArticleFEDAS/vds president Herzog supports retailers in fight for fair lockdown regulations
The Association of German Sports Retailers (vds) and the Federation of European Sports Retailers (FEDAS) have published a joint press release in Germany in which they welcome the activities initiated by Boris Lehmann of Laufladen in Erfurt, Udo Siebzehnrübl of Intersport Siebzehnrübl and a new interest group of German winter ...
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ArticleGerman retail demands greater support from the government and a fair lockdown policy
Two German sports retailers, Thorsten Böhl of SkiBo Tours & Sports in Bochum and Oliver Nieß of SOS Sport in Braunschweig, sent an open letter to the German government last week, asking for subsidies based on the monthly gross profits they will lose as a result of the extended physical ...
