Retail & Distribution – Page 8
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ArticleWeSports acquires Finnish bicycle wholesale company
WeSports, a Stockholm-based group of individual sports, outdoor and mobility companies operating both online and with physical stores and product brands, has announced the acquisition of Finnish bicycle wholesaler Huntteri. The strategic partnership will significantly strengthen WeSports’ presence in Finland and provide for a rapid rollout of Huntteri in Scandinavia. ...
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ArticleFirst UK, then Europe: New EOG service provides sell-through analysis for the outdoor market
After two years in development, the European Outdoor Group (EOG), led by Pauline Shepherd, and Sporting Insights have announced the launch of the Outdoor Market Intelligence Service, a retail sales reporting tool for the industry. The new service will initially be launched in the UK market, but ...
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ArticleNaturkompaniet donates €327,000 to biodiversity projects
Outdoor retail chain Naturkompaniet, part of Fenix Outdoor and operating 42 outdoor stores in Sweden and Norway, has announced the winners of its 2023 “Naturbonus” (Swedish for “nature bonus”). This year, the funds go to four organizations, all of which protect biodiversity in Sweden. Together, they will receive SEK 3.7 ...
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ArticleAlpkit opens tenth store
British B-Corp Alpkit opened its tenth and northernmost store at Ledge Climbing Gym in Inverness on April 15. Alpkit, a digital-focused brand founded in 2004, creates community hubs in outdoor activity hotspots such as the Lake District, Peak District and Snowdonia. Alpkit currently has nine other stores in the U.K., ...
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ArticleFenix posts record Q1 sales but sees uncertain Q2 amid high inventories
Fenix Outdoor International reported sales of €180.0 million in the first quarter of 2023, a new record for the first three months of the year and up from €165.2 million for the year earlier, although margins remained under pressure amid inflation. Ebitda inched up to €31.2 million from €30.8 million ...
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ArticleOutdoor brands top desirable resale items in latest report
U.S.-based ThredUp, an online resale service provider and platform for women’s and kids’ apparel, has released its eleventh annual Resale Report. The report examines the current market as well as the expected value of the sector. Although based on American consumers, it is expected similar figures would apply in Europe, ...
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ArticleAnalysis: More than half of the outdoor stocks make gains in Q1
Our Q1 Outdoor Index includes the revenue and profit development of 37 major outdoor companies.
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ArticleMatthias Gebhard: “We repeatedly achieve constantly better results through micro-optimization”
For the Bergfreunde co-CEO, there’s no magic formula, but there are certainly some key strategies. Matthias Gebhard shares his best with us.
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ArticleTrove releases first Brand Resale Index for 2023
Trove, the U.S.-based service provider whose technology powers the resale services of several sporting goods manufacturers, has released its first Brand Resale Index, titled “Defining the Resale Experience.” The index is the first report of its kind, agnostic to the resale platform provider, and it evaluates the adoption of leading ...
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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 ...
