Retail & Distribution – Page 5
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ArticleE-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
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ArticleBosch eBike Systems expands IBD service portfolio in Europe
German e-bike drivetrain maker Bosch eBike Systems is strategically expanding its service portfolio for independent bicycle dealers in Europe. In addition to launching training courses in five additional countries (Ireland, Croatia, Luxembourg, Poland and Slovenia), the company has created a new partner portal that allows e-bike dealers to stay up ...
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ArticleA colder, darker winter: Reducing energy costs in European retail
With energy prices skyrocketing and the need to replenish gas reserves before winter, everyone is doing their part, and global energy conservation measures have already been taken in the retail sector. While customer service and satisfaction are top priorities in retail, stakeholders may be reluctant to engage in actions that ...
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ArticleAfter the boom: How e-tailer Bergzeit is dealing with dwindling demand
The last few years have been a successful but difficult time for online retail, especially in the outdoor business. Now, in the face of war, inflation, rising energy costs and the climate crisis, the strong demand of the Covid period is turning directly into a reluctance to buy. It’s not exactly easy to absorb those surges. Nevertheless, Bergzeit, which belongs to the South Tyrolean Sportler AG since 2012, has an appetite for new projects. In June, the retailer launched its first, purpose-built secondhand online store called “Bergzeit Re-Use,” where customers can buy and sell outdoor clothing in good condition. Martin Stolzenberger, co-CEO of Bergzeit, explains the current situation and further goals.
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ArticleCanadian Tire’s SportChek, Helly Hansen make key gains in Q2
Canadian Tire’s SportChek and Helly Hansen business units made strides in a period where the national retailer generated a 9.9 percent overall retail sales growth to 5,363.8 million Canadian dollars (€3.95b) and an Ebit decline of 41 percent to C$123.8 million (€10.2m) from C$208.6 million. At SportChek, which ended the ...
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ArticleFrilufts drives Q2 growth at Fenix Outdoor as stores reopen
Fenix Outdoor International’s sales increased by one-third in the second quarter as the company’s outdoor retail segment (Frilufts Retail Europe) in Germany (Globetrotter retail chain) rebounded due to the reopening of stores following the Covid lockdowns. The company said sales for the three months to June 30 rose 29 percent ...
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ArticleREI's Path Ahead Ventures launches first founders of color support program in the U.S.
U.S. retailer Recreational Equipment, Inc. (REI) is launching its Navigate accelerator program with an inaugural cohort of six companies. Path Ahead Ventures partners with founders of color as they further their growth in the outdoor industry, offering them a 16-week program that provides funding, mentorship, curated programming and access to ...
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ArticleElevate Outdoor Collective reorganizes global sales structure
Elevate Outdoor Collective (EOC), formerly K2 Sports, which includes the K2 Ski, K2 Snowboarding, Völkl, Marker, Dalbello, Line, Ride, BCA, Tubbs Snowshoes, Atlas Snowshoes, Madshus and K2 Skates brands, has announced a fundamental change to its global sales structure designed to support the growth of the independent brands. The change, ...
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ArticleAnalysis: Outdoor industry stocks fell more than 21% in Q2
Outdoor industry stocks fared worse in the second quarter than in the first period of 2022, declining an average of 21.18 percent compared to a 17.84 percent sequential drop in the average stock prices of companies primarily involved in the outdoor and bicycle sectors. This time around, our quarterly analysis ...
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ArticleRossignol Bikes available in most EU countries and U.K.
Source: Rossignol After the French Groupe Rossignol SA decided to focus entirely on its own Rossignol brand in the bicycle sector as part of a radical restructuring phase, no stone was left unturned. At the beginning of 2021, the domestic bicycle and pedal subsidiary Time Sport International ...
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ArticleJack Wolfskin acquires Polish distributor, establishes central hub for Eastern European growth
Jack Wolfskin has acquired its 24-year distributor for Poland, FAM Sp.K., strengthening its newly formed company Jack Wolfskin Poland Sp. z o.o., based in Gdynia near Gdansk, to bolster the brand’s presence in the fast-growing Polish market. The subsidiary will also serve as a strategic hub for all of Eastern ...
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ArticleFirst Norrøna Store opens in Germany
Norwegian outdoor brand Norrøna opened its first German flagship store on July 15, with 400 sqm of space on Sendlinger Straße at the entrance to the Asamhöfe in downtown Munich, previously home to Geox, the shoe brand. The Norrøna store opening is part of a large-scale sales and marketing initiative ...
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ArticleMunich bike retailer Alpha Bikes parts ways with Specialized, opens Giant flagship
Since founding Alpha Bikes in 1992, owners and CEOs Gerhard Wagner and Daniel Castro have worked hard to create an indispensable bike community in the German city of Munich. When they teamed up with Specialized in 2008, they even gave up their own brand. That was the year they opened ...
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ArticlePål Wibe steps down as chief executive of XXL
Source: XXL ASA Pål Wibe, CEO XXL ASA The board of Nordic sports retailer XXL ASA and Pål Wibe agreed on May 13 that the latter will step down as CEO on Sept. 1 of this year. The Norwegian Sports Industry Association wrote in a statement that ...
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ArticleSuper Retail Group unveils sales, strategies for three banners
Super Retail Group, the Australian retailer with two outdoor formats and one focused on sporting goods, reported mixed results for the week 27 to 43 period. Rebel Sport, hurt by limited stock availability in some categories that included footwear, suffered a 4.0 percent year-to-date decline in same-store sales. SRG’s outdoor ...
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ArticleFenix Outdoor sales rise 30 percent in first quarter
Fenix Outdoor International generated a 22 percent increase in first-quarter operating profit to €17.7 million on a 30 percent topline expansion to €165.2 million against €127.1 million. The outcome was negatively impacted by about €2 million in one-time additional transportation costs. But the strong results for the Fjällräven, Tierra, and ...
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ArticleThredUp debuts Recommerce 100 report, sees rapid growth of brand’s resale programs
U.S.-based company ThredUP, a large online resale service provider and platform for women’s and kids’ apparel, shoes and accessories, has started a monthly index that tracks which brands and retailers have launched resale programs and monitors their potential impact on the planet. The monthly Recommerce 100 report, conducted by the ...
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ArticleBicycle sales in Austria: turnover surpasses €1 billion
The Association of Sporting Goods Manufacturers and Sports Equipment Suppliers of Austria (VSSÖ) has released the 2021 Austrian bicycle sales figures. Although the impact of the Covid-19 pandemic on supply chains was still strongly felt, around 490,000 bicycles were sold to Austrian sporting goods retailers and specialist bicycle dealers last ...
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ArticleGerman fashion chain Adler to enter outdoor business with McTrek
Germany’s Adler Modemärkte is cooperating with McTrek Retail GmbH to enter the outdoor product market with its more than 130 Adler stores in Germany, Austria, Luxembourg and Switzerland. Adler Modemärkte AG, a company that had been strong with private labels in the past, went into insolvency in 2021 and was ...
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ArticleRetailer Bergzeit invests in community electricity, gets support from Patagonia
A panel discussion in March at the retailer’s company headquarters made it clear what a contribution to the energy transition can look like and how important it is.
