Retail & Distribution – Page 14
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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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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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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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ArticleApex’s revenues drop by 20%
Lower global licensee sales due to the coronavirus crisis weighed on the results of California-based Apex Global Brands, previously called Cherokee Global Brands. It saw revenues for its first fiscal quarter ended on May 2, 2020 fall by 20 percent to $4.0 million, as royalty revenues from brands such as ...
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ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years. In its annual Future Consumer white paper, the trend forecasting company ...
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ArticleVirtual Thin Air Outdoor Media Show opens up to retailers
Conceived initially as a virtual media show to fill an important information gap in the American market following the cancellation of the Outdoor Retailer Summer Market in Denver, the ”Thin Air Virtual Media Show” is now also aiming at retail buyers. The new U.S. virtual outdoor trade show will take ...
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ArticlePreliminary analyses of first virtual sales conventions
The first virtual sales conventions organized by Schöffel and Oberalp went well, according to the two companies. Schöffel’s 100-percent digital sales meeting was held on May 19 and 20, involving roughly 130 participants from about 15 countries in all the major markets, more than originally expected. According to YouTube, a ...
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ArticleIspo measures the pandemic’s effects on sports retail
Ispo has released the results of a survey it launched on April 9 to determine the effects of the pandemic on European sports and outdoor retailers. Among other interesting points, the survey indicated that Covid-19 began to strike their businesses early, that many resorted to home deliveries and the internet ...
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ArticleGermany, Austria and other EU countries begin to ease retail restrictions
(SGI+) German chancellor Angela Merkel announced this week that certain types of shops could reopen in Germany as of April 20. In addition to car dealerships, bicycle shops and bookstores of all sizes, retailers for “non-essential items” can reopen their doors as long as they do not exceed a sales ...
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ArticleVaude launches local delivery service platform
To support the specialized retail trade in times of the Covid-19 crisis, Vaude has set up a package of measures that should help the its retail partners to generate sales despite shop closures. This includes several options: local delivery service, support for online business and an accommodating approach to delivery ...
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IFH predicts 10-year decline in German retail outlets; March ifo index plummets
(SGI+) The German Institute for Trade Research (IFH), based in Cologne, recently published a report, titled “Trade Scenario 2030,” predicting another large-scale reduction of stores in Germany over the next 10 years. By 2030, according to the IFH, the number of German retail companies will decrease again by up to ...
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Evo uses vacation days to fund hourly pay
Evo, an American multi-channel retailer of outdoor gear and fashion apparel, has encouraged its executives to give up vacation days and transform them into hourly pay for workers on furlough because of the coronavirus pandemic. So far at least 37 of them have made the sacrifice, each donating eight to ...
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ArticleThe North Face is exploring new territories
The North Face is reserving some interesting new surprises in its footwear range for the spring/summer 2021 season, to be presented at the OutDoor by Ispo show in Munich later this year. At the last Ispo show in Munich, the brand created a sensation with its highly technical “Advanced Mountain ...
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ArticleCorona infecting the sports and outdoor industries
On Dec. 31, 2019, the World Health Organization (WHO) country office in China was informed of a cluster of patients with pneumonia of unknown cause in Wuhan, a city of 19 million people in the Hubei Province of China. Since then, we have been witnessing the spread of the coronavirus, ...
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ArticleEuroShop 2020: these trends determine the retail business of the future
What are the trends in retail design and retail technology? Which new solutions does the international shopfitting scene present to retailers? Düsseldorf’s international shopfitting trade fair, EuroShop, was able to provide a clear answer to these questions: the more digital the shopping experience, the more important the emotional quality of ...
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Ternua establishes twin sales departments
There are three pillars to Ternua’s growth strategy: the digitalization of its B2B business, the expansion of its complementary product lines (such as backpacks) and business development abroad. To build on the last of these, the Catalonian outdoor group has split it sales department into two divisions.
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ArticleDecathlon grows by 9.2% in 2019
(SGI) Decathlon has reported a sales increase of 9.2 percent to €12.4 billion (before sales taxes) in 2019, with a gain of 9.1 percent in local currencies and including growth of 3 percent to €3.3 billion in the domestic French market.
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ArticleUvex partners with fall sensor startup, increases turnover in 2018/19
(SGI+) The German helmet and eyewear specialist Uvex is starting to distribute the eponymous sensor system of Tocsen, a start-up in Freiburg, Germany. Tocsen consists of a fall sensor and app to detect when a helmet wearer crashes. It checks the state of the fallen skier, snowboarder or cyclist, routes ...
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Article
White or Green rather than Black Friday
Black Friday, the Friday after Thanksgiving in the U.S., has been considered the beginning of the American Christmas shopping season since 1952. Meanwhile, the phenomenon has spread globally, and with online shopping, Cyber Monday and Cyber Week have been added to the pre-Christmas shopping extravaganza all around the world.
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Article
The store as a medium
The physical store has a future, according to one of the speakers at the conference, Magnus Ohlsson. It can stand up against the “apocalypse” created by the internet and e-commerce as just another type of media, creating a halo effect around its banner and becoming a brand.Furthermore, he indicated, “bricks ...
