Retail & Distribution – Page 7
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ArticleSales in Austrian sports retail strongly divided in 20/21 winter season
Pointing to the strongly diverging business development for Austrian retailers (depending on location and product range focus), the national Association of Sporting Goods Manufacturers and Suppliers ( VSSÖ ) provided a first summary for the full year 2020 and the winter season Q4, 2020, and Q1, 2021. According ...
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ArticleSvenskt Sportforum launches quarterly industry index based on sales of Swedish retail chains
Industry organization Svenskt Sportforum has launched the Sportindex , a Swedish industry index produced in collaboration with Stockholm-based HUI Research that includes statistics on the development of the sporting goods retail industry. The new Sportindex aims to provide a credible and quality-assured statistical basis that is valuable for ...
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ArticleOutdoor-Profis becomes wholly owned Sport 2000 subsidiary
Outdoor-Profis GmbH , the umbrella company for the outdoor specialty retailers that are part of the Sport 2000 sporting goods buying group, has become a wholly-owned subsidiary of the Sport 2000 GmbH group. Acquisition details were not disclosed. Previously, Sport 2000 held an unspecified minority stake in Outdoor-Profis. With ...
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ArticleBergzeit implements code of conduct for outdoor activities and suppliers
Bergzeit , the German online outdoor and mountain sports retailer based in Otterfing near Munich, has published a four-page code of conduct for activities in the mountains aimed at its employees and external partners. In view of the growing recreational pressure in the Alps, the company wants to “be a ...
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ArticleU.S. debut of German-Austrian Nox Cycles
German-Austrian e-bike manufacturer Nox Cycles Austria GmbH , which once emerged from Berlin-based Hawk Bike Sales GmbH , is expanding not only from the DACH region into other EU countries but also toward the Americas. While it has already gained a foothold in South America two years ago through an ...
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ArticleLive video shopping: Isbjörn pilots with Streamify, Go Instore sees popularity despite end of lockdown
Even as more and more countries are reopening brick-and-mortar retail, store technology service provider Go Instore sees strong interest in its platform that enables virtual visits to retail stores since pandemic restrictions imposed temporary store closures across Europe. The London-based IT company recorded 2.4 million unique visitors to its offering ...
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ArticleA.S. Adventure Group becomes Yonderland as it completes its refinancing
The A.S. Adventure Group is changing its name to Yonderland as it completes a financial reorganization under which its bank lenders have acquired a minority stake in the company. In addition to rescheduling its debt, it will also receive a capital injection of €25 million to support its ...
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ArticleFinnish Verkkokauppa.com improves sales and profitability along with strong online sales
Verkkokauppa.com , one of the most visited Finnish online retailers known for its very competitive prices, has published its financial report for the first quarter of 2021. Revenue for the period from Jan. 1 to March 31 grew by 7.0 percent year-on-year to €134.0 million (Q1 2020: €125 million), with ...
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ArticleWeSports acquires Nordic Outdoor & Sports Group
WeSports AB , a Stockholm-based group of individual sports, outdoor and mobility companies that operates online as well as physical stores and product brands, and GOB Invest , also based in Stockholm, have acquired Nordic Outdoor Sports Group AB ( Nordic OSG ), a leading Scandinavian outdoor, ...
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ArticleChinese e-mobility specialist Yadea announces global expansion course
At an international press conference in mid-April, Chinese e-two-wheeler giant Yadea Technology Group Co., Ltd. unveiled its product mix with which it plans to make a global splash in the future. Under the slogan “ Electrify your life ,” the first e-scooters and e-bikes were added to the global ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
