Retail & Distribution – Page 9
-
ArticleWolverine takes its buyers conference digital
Because of Covid-19 and its related safety measures, Wolverine Worldwide has expanded its partnership with Envoy B2B and taken its buyers conference digital. The American company was obliged to cancel its Global Brand Conference for this year, depriving its 12 brands of a means to introduce their new products to ...
-
ArticleThe pandemic forces fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes towards fashion and retail, and calls are getting louder for “something to be done,” such as fewer collections, less fast fashion and more attention to sustainability.
-
ArticleAmazon: The Janus-faced company
The current Covid19 crisis has accelerated Amazon ’s consumer goods business exponentially. The Silicon Valley giant doubled its profits in the second quarter of this year and increased its turnover to nearly $89 billion. The share value has also nearly doubled since the middle of March. On Sept. 1, Amazon ...
-
ArticleLGBTQ collections become mainstream for the sportswear and fashion industry
The LGBTQ (lesbian, gay, bisexual, transexual and queer) fashion market has been growing over the last decade. In recent years, an unprecedented number of mainstream brands have begun to release LGBTQ collections.
-
ArticleLeki banks on new recycling concept
Following the motto “manufactured in Europe - recycled in Europe,” the German stock manufacturer Leki is relying on a novel recycling process in addition to resource-saving production and a worldwide repair and service network. “With our new sustainability pilot projects, we want to gradually move forward,” said managing director ...
-
ArticleIntersport and Stadium are closing stores in Sweden
The Swedish Intersport banner has decided to close at least ten of its 130 stores, fewer than originally expected, as some landlords have accepted more flexible rental terms. Other stores may have to be shut down, depending on ongoing negotiations with their landlords. Intersport Sverige filed on ...
-
ArticleAmazon’s Swedish website has leaked
After the entire website has leaked thanks to a Finnish software developer, one thing is for sure: After years of speculation, Amazon is finally being launched in Sweden. Until now, Swedish consumers and companies have only had access to the other European Amazon websites. According to the Swedish trade ...
-
ArticleTatonka remains a strong retail partner after the lockdown
German outdoor brand Tatonka , founded in 1993 and family-run from the beginning, is starting the 2021 ordering season with an adjusted product range and a bisected hardware collection in reaction to the recent corona-related lockdowns. The “2021_1” collection, delivered in the first half of 2021, will include a well-balanced ...
-
ArticleState Of Trade: The Outdoor industry has grown in 2019
With its State of Trade market research project, the European Outdoor Group ( EOG ) has been delivering results on industry-wide sales for ten years. Since its launch in 2010, State of Trade has grown into the most comprehensive and robust market research project for the European outdoor ...
-
ArticleXXL is back on track
(SGI) After many quarters stuck in a downward spiral, XXL ASA , the leading Nordic sports retailer, has been taking drastic steps to turn the business around such as cutting costs, clearing inventory and searching for new “sustainable” sources of liquidity other than new equity. This has started to ...
-
ArticleBergzeit strengthens IT division and CSR management
Bergzeit is strengthening its management team with Alexander Bednarz as head of IT. Bednarz is an internationally experienced e-commerce and software specialist. The graduate in business informatics will be responsible for the newly structured areas of business intelligence, online product management, software development and network systems. ...
-
ArticleBuy online = Buy local: Intersport Germany refines its multichannel model
Intersport Germany is combining its online shop and local sports shops. Under the motto “Buy online = Buy local,” products ordered online on Intersport Germany’s website are now distributed by “playmaker principle” to local brick-and-mortar shops, from where they reach the consumer the shortest possible way. In addition to ...
-
ArticleHow do retailers handle excess inventory in times of Covid-19?
(Originally published on Shoe Intelligence ) Managing stock has always been a tricky part of any business. But it becomes even more so when demand evaporates overnight as occurred with the outbreak of the Covid-19 pandemic and the subsequent lockdowns worldwide, prompting manufacturers and retailers to be nimble and ...
-
ArticleCovid-19 drives rent renegotiations, partnership
(Originally published on Shoe Intelligence ) Retailers from Europe to the U.S. have sought rent relief as they reel from Covid-19 shutdowns and reopen stores faced with higher costs to meet health and safety requirements and uncertain sales prospects. Although some landlords have taken a hard line, many are ...
-
ArticleApex’s revenues drop by 20%
Lower global licensee sales due to the coronavirus crisis weighed on the results of California-based Apex Global Brands , previously called Cherokee Global Brands . It saw revenues for its first fiscal quarter ended on May 2, 2020 fall by 20 percent to $4.0 million, as royalty revenues from ...
-
ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years. In its annual Future Consumer white paper, the ...
-
ArticleVirtual Thin Air Outdoor Media Show opens up to retailers
Conceived initially as a virtual media show to fill an important information gap in the American market following the cancellation of the Outdoor Retailer Summer Market in Denver, the ” Thin Air Virtual Media Show ” is now also aiming at retail buyers. The new U.S. virtual outdoor trade ...
-
ArticlePreliminary analyses of first virtual sales conventions
The first virtual sales conventions organized by Schöffel and Oberalp went well, according to the two companies. Schöffel’s 100-percent digital sales meeting was held on May 19 and 20, involving roughly 130 participants from about 15 countries in all the major markets, more than originally expected. According ...
-
ArticleIspo measures the pandemic’s effects on sports retail
Ispo has released the results of a survey it launched on April 9 to determine the effects of the pandemic on European sports and outdoor retailers. Among other interesting points, the survey indicated that Covid-19 began to strike their businesses early, that many resorted to home deliveries and ...
-
ArticleGermany, Austria and other EU countries begin to ease retail restrictions
(SGI+) German chancellor Angela Merkel announced this week that certain types of shops could reopen in Germany as of April 20. In addition to car dealerships, bicycle shops and bookstores of all sizes, retailers for “non-essential items” can reopen their doors as long as they do not exceed a ...
