Retail & Distribution – Page 7
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ArticleSigna Holding sells Sport Scheck to British Frasers Group
On Oct. 17, Signa Retail Department Store Holding GmbH announced the sale of the German sporting goods chain SportScheck to British sporting goods and fashion retailer Frasers Group. Frasers runs, among other brands, Europe’s largest retailer of sports and fitness footwear, apparel and equipment, Sports Direct. No details were given ...
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ArticleEOG invites UK retailers to participate in OMIS market data program
The European Outdoor Group (EOG) has launched the Outdoor Market Intelligence Service (OMIS), an online dashboard to share real-time monthly sales data from outdoor retailers in the UK. Outdoor retailers in the UK are invited to join the program for key market insights, which went live during the European Outdoor ...
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ArticleOdlo launches expanded ReWear concept, opens flagship in Zurich
Source: Odlo ReWear Swiss functional apparel manufacturer Odlo announced the launch of Odlo ReWear, a new, expanded initiative by the company to support the circular economy. Garments that would otherwise be discarded will now be given a second life, which enables the company to help reduce waste. ...
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ArticleSmartwool announces Second Cut Resale
Smartwool, a U.S. manufacturer of Merino wool products for active living and part of VF Corp., and ThredUp, one of the largest online resale platforms for apparel, footwear and accessories, today announced Second Cut™ Resale, a program that allows customers to shop used women’s and children’s apparel and accessories at ...
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ArticleHoudini expands circularity platform, launches “Houdini Circle”
Swedish sportswear company and sustainability pioneer Houdini is expanding its circularity platform, opening “Houdini Circle,” the first retail concept of its kind, in Stockholm on Sept. 28. Flexible apparel “ownership” In one single location, customers can now choose how to access their garments: rent, subscribe, buy new/used/exclusively made garments, or ...
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ArticleResale specialist Trove secures $30 million Series E funding
Trove, a leading U.S.-based resale and trade-in company for brands and retailers including Canada Goose, Carhartt, Lululemon, Patagonia, REI, Arc’teryx, Allbirds and others, announced $30 million in Series E funding, bringing Trove’s total funding since inception to more than $150 million. The funding round was co-led by Wellington Management and ...
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ArticleR&M switches to reusable packaging for e-bikes and small parts
German e- and cargo-bike manufacturer Riese & Müller GmbH (R&M) has announced it is soon to be one of the first manufacturers in the bike industry to use reusable packaging for shipping e-bikes and small parts.
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ArticleSea freight market easing but orders are also down
Freight rates for sea freight containers from the Far East have fallen to a stable low level, but retailers are placing fewer orders with their suppliers than in the previous year. This is according to supply chain experts at Setlog, a software company based in Bochum, Germany, who carried out ...
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ArticleSales in Swedish sports retail down 1.7% in Q2
According to the Sportindex, compiled by industry organization Svenskt Sportforum in collaboration with the Swedish Retail Research Institute (HUI), sales in the Swedish sports retail sector fell by 1.7 percent in Q2 2023. This was the sixth consecutive quarter of negative development. Changing behavior patterns following the end of the ...
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ArticleTrove expands brand resale operations across North America, targets Europe
Trove, a leading, U.S.-based branded resale and trade-in company for brands and retailers including Canada Goose, Lululemon, Patagonia, REI, Levi’s, Arc’teryx, Carhartt and others, announced the expansion of five Trove Recommerce Powered Partner facilities across North America, including the U.S. and Canada, with expansion into Europe already in the planning ...
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ArticleRestructuring process for Swedemount Sportswear & Fashion AB approved
As the border between Norway and Sweden was closed during the pandemic and therefore, important stores along the Norwegian border were shuttered and severely affected, the Swedish company Swedemount Sportswear & Fashion AB suffered significant losses in sales. The Covid support the company received during this period exceeded the amount ...
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ArticleDynafit to open new headquarters in Kufstein in December
In the Bavarian town of Kiefersfelden on the border with Austria, the Dynafit brand is building its new headquarters, the Dynafit Speed Factory, as reported last year. The futuristic building made of steel and glass will not only be the location for around one hundred employees from December 2023 but ...
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ArticleRad Power Bikes withdraws from the European market
On July 10, Rad Power Bikes Inc. announced on its European website that it would withdraw completely from Europe and focus entirely on North America in the future: “We are sad to say goodbye.” This is a radical shift in course for the largest US B2C e-bike provider. According to ...
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ArticleB2B event “Austria on Bike” goes into second round
After the successful premiere of ARGE Fahrrad’s (a subsidiary of the association of sporting goods manufacturers and sports equipment suppliers of Austria VSSÖ) testing and networking event Austria on Bike last year, the Austrian bicycle industry is again inviting retailers to the largest national bike region of Saalfelden Leogang in ...
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ArticleReset EOG State of Trade study shows growth of +11.5%
At OutDoor by ISPO 2023 in Munich, the European Outdoor Group (EOG) released new data from its State of Trade (SoT) market research program showing growth in sales value and volume across all categories through 2022. The figures for the year were released following some notable updates to the project ...
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ArticleSport 2000 increases outdoor market volume
Sport 2000 once again increased its outdoor sales to a new peak of almost €1 billion in 2022. Outdoor accounted for 29 percent of total sales last year. Outdoor external sales for the first five months of 2023 were at €381 million and, with an increase of 1.5 percent, slightly ...
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ArticleAuthentic acquires intellectual property of Hunter, new key partners in Europe and USA
After several weeks of negotiations, Authentic Brands Group (Authentic) has acquired the intellectual property of Hunter, the British brand known for its iconic Original Wellington boots. With more than 160 years of heritage, the Hunter brand has evolved from a rubber boot to a lifestyle brand offering an extensive footwear ...
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ArticleAspire Sports expands distribution of Cannondale and GT to more European countries
Source: Aspire Sports Central and Eastern European countries served by Aspire Sports Czech wholesaler and importer Aspire Sports S.R.O. is expanding the distribution of U.S. premium bicycle brands Cannondale and GT Bicycles, which belong to Dutch mobility group Pon Holdings B.V. and its subsidiary Pon.Bike since early ...
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ArticleAs TNF and DTC continue to grow, VF Corp. has a turnaround strategy in place
VF Corp., which has begun a rigorous six- to 12-month process to find a new CEO, says it has a plan in place that will improve its sales and profitability fortunes over the next 12 months. It centers on continued growth for its The North Face (TNF), EMEA, and direct-to-consumer ...
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ArticlePrimus and Silva with joint sales subsidiary for Germany, Austria
After Silva Sweden AB acquired 100 percent of the shares in Primus AB from Fenix Outdoor AB on April 28, 2023, the two Swedish outdoor brands are operating as one company under the name Primus-Silva Sweden AB. For the German and Austrian markets, Primus-Silva Sweden AB is now establishing a ...
