Retail & Distribution – Page 4
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ArticleCake enters China, collaborates with Shanghai manufacturer for 150,000 units
Cake, the Swedish manufacturer of premium lightweight electric motorcycles, has announced a major partnership with Shanghai-based bicycle manufacturer and retailer Shanghai Forever. The goal is to produce and sell 150,000 units in China over the next four years. Shanghai Forever was established in 1940 as one of the earliest bicycle ...
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ArticleGorewear introduces new selective distribution strategy
Gorewear, the premium sportswear for cyclists runners from W.L. Gore, will readjust its sales concept at the turn of the year. The introduction of a new sales strategy will focus on maximizing the customer experience at all touchpoints. The sportswear brand is targeting an integrated premium marketplace to provide consumers ...
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ArticleSpanish bike-rental outfit has big plans
Rookfy, a bicycle-rental platform in Spain, enjoyed a satisfactory debut last year, according to chief technology officer Santiago Alonso, who spoke with CMDsport. The young company has recently added the retailer Escapa to its marketplace and joined the Spanish Association of Brands and Bicycles (Ambe). In an interview with Joanseguidor.com, ...
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ArticleREI updates product standards for its vendors, addresses climate change, bans PFAS and more
U.S. outdoor retailer REI Co-op has released its latest Product Impact Standards report to promote more sustainable and inclusive business practices. The report is the third since 2018, and the latest guidelines were developed in consultation with partner brands, building on three key areas: Addressing climate change, promoting inclusion in ...
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ArticleCanada Goose aims to have up to 150 stores and $3 billion in sales by 2028
After reporting slightly weaker third-quarter numbers earlier this month, Canada Goose, founded in 1957 in a small warehouse in Toronto, Canada, announced not only its five-year financial goals but also an update on its strategic priorities at its Investor Day on Feb. 7, 2023, at the company headquarters. “Today, Canada ...
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ArticleCosmic Sports still breaking new ground in its 25th year
Ritchey, Scary Fast and SDG Components – these three bicycle-parts brands laid the foundations for bicycle wholesaler and importer Cosmic Sports in mid-December 1997. Founded by CEO Gerhard Schwarz in Nuremberg as an importer of premium bicycle accessories, the company is now proudly looking back on a 25-year success story.
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ArticleSwedish sports retail sales decreased by 7.5 percent in Q4
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
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ArticleSolo Brands eyes deeper assortments with wholesale partners
The publicly traded Grapevine, TX company, which owns four businesses led by its Solo Stove unit, has a Direct-To-Consumer to Wholesale ratio of 85 to 15, a percentage that is likely to persist given Solo’s extreme focus on its relationship with customers. But Solo has a new partnership with warehouse ...
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ArticleTrial phase of the new Bike24 logistics center for southern Europe underway
Before the end of the year, the new logistics center of the German cycling, running and swimming sports online retailer Bike24 Holding AG started its pilot run in Barcelona. The first test packages have already been shipped. This means that the second logistics center of the “leading e-commerce platform for ...
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ArticleBizness Enabler opens own DTC online shop
After opening the retailer-focused online portal named Bizness.eu to sell its distributed brands online, German company Bizness Enabler GmbH has launched My-brand-shop, a new DTC portal operating Europe-wide. In the shop, the Munich-based company offers its distributed brands like BioLite, LifeStraw, Matador and Full-Windsor, as well as Selk’bag (starting in ...
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ArticleCircularity in retail: Retailers finding their role in a changing world
How can retailers contribute to a more circular world? What are the challenges and how can medium-sized companies overcome them? At the panel talk “Circularity in retail” at ISPO Munich 2022, Yonderland’s head of sustainability, Melanie Grünwald, and Bergzeit’s CEO Martin Stolzenberger shared interesting experiences in transforming their retail concepts ...
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ArticleYakima with new global organizational structure
Yakima, a manufacturer of transportation and equipment management solutions headquartered in Oregon, USA, has announced that Ryan Martin, current CEO of the Americas region, will expand his responsibilities to also drive strategic direction and growth in Australasia (Australia, New Zealand and the adjacent Pacific Islands) and EMEA (Europe, Middle East ...
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ArticleDecathlon launches buyback service in Germany
Decathlon Germany is launching a used-product “Buy Back” service in select cities. For the first time, the sporting goods manufacturer and retailer is buying back used sports products and returning them to second-use sales after successfully inspecting and/or repairing them. Customers who sell their products to Decathlon receive either a ...
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ArticleCanada Goose opens two new permanent stores in the U.S.
Source: Canada Goose Las Vegas Snow Room Canada Goose continues its retail expansion in the U.S. with the announcement of two new permanent locations in Las Vegas and Denver, as well as two pop-up stores in Aspen and Detroit. The Canadian brand will open its doors at ...
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ArticleCake partners with Goldwin in Japan
Cake, the Swedish manufacturer of lightweight e-motorcycles, has signed a three-year partnership agreement in Japan with premium sportswear manufacturer and distributor Goldwin Inc. The partnership draws on Goldwin Inc.’s 70 years of experience and well-established network in manufacturing, distribution, sales and branding, working with premium sports and outdoor brands such ...
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ArticleOrtlieb and Driver Berlin cooperate on upcycling
Source: Ortlieb Scrap material is generated during production at Ortlieb, which the company is now handing over to Fahrer Berlin for upcycling. Both the German pioneer of waterproof outdoor and bicycle bags and backpacks Ortlieb Sportartikel GmbH and the comparatively young bicycle accessories brand Fahrer Berlin GmbH ...
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ArticleSwedish sports retail sales decreased by 4.7 percent in Q3 2022
The Sportindex, a Swedish industry index produced by the Swedish Sports Forum in cooperation with HUI Research, shows that total sales in sports retail decreased by 4.7 percent in the third quarter of 2022 compared to the same period last year, making it the third consecutive quarter with negative development ...
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ArticleRussia's mass mobilization fuels demand for sports and outdoor products
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
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ArticleSecondhand market has tripled since 2020, according to new report
The value of the apparel, footwear, and accessories resale market is estimated at between $100 and $120 billion worldwide, nearly three times the size it was in 2020, according to a new study by Boston Consulting Group (BCG) and global resale platform Vestiaire Collective. The report, titled “What an Accelerating ...
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ArticleYamaha launches first e-bikes under own name on European market
For a long time, pedelec pioneer Yamaha had maintained a low profile when it came to e-bikes to be sold in the Western world. It took (too) long to develop drive units and the associated service specifically tailored to the European market. Now, however, things are suddenly happening at a ...
