Retail & Distribution – Page 9
-
Article
Yakima with new global organizational structure
Yakima, a manufacturer of transportation and equipment management solutions headquartered in Oregon, USA, has announced that Ryan Martin, current CEO of the Americas region, will expand his responsibilities to also drive strategic direction and growth in Australasia (Australia, New Zealand and the adjacent Pacific Islands) and EMEA (Europe, Middle East ...
-
Article
Decathlon launches buyback service in Germany
Decathlon Germany is launching a used-product “Buy Back” service in select cities. For the first time, the sporting goods manufacturer and retailer is buying back used sports products and returning them to second-use sales after successfully inspecting and/or repairing them. Customers who sell their products to Decathlon receive either a ...
-
Article
Canada Goose opens two new permanent stores in the U.S.
Source: Canada Goose Las Vegas Snow Room Canada Goose continues its retail expansion in the U.S. with the announcement of two new permanent locations in Las Vegas and Denver, as well as two pop-up stores in Aspen and Detroit. The Canadian brand will open its doors at ...
-
Article
Cake partners with Goldwin in Japan
Cake, the Swedish manufacturer of lightweight e-motorcycles, has signed a three-year partnership agreement in Japan with premium sportswear manufacturer and distributor Goldwin Inc. The partnership draws on Goldwin Inc.’s 70 years of experience and well-established network in manufacturing, distribution, sales and branding, working with premium sports and outdoor brands such ...
-
Article
Ortlieb and Driver Berlin cooperate on upcycling
Source: Ortlieb Scrap material is generated during production at Ortlieb, which the company is now handing over to Fahrer Berlin for upcycling. Both the German pioneer of waterproof outdoor and bicycle bags and backpacks Ortlieb Sportartikel GmbH and the comparatively young bicycle accessories brand Fahrer Berlin GmbH ...
-
Article
Swedish sports retail sales decreased by 4.7 percent in Q3 2022
The Sportindex, a Swedish industry index produced by the Swedish Sports Forum in cooperation with HUI Research, shows that total sales in sports retail decreased by 4.7 percent in the third quarter of 2022 compared to the same period last year, making it the third consecutive quarter with negative development ...
-
Article
Russia's mass mobilization fuels demand for sports and outdoor products
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
-
Article
Secondhand market has tripled since 2020, according to new report
The value of the apparel, footwear, and accessories resale market is estimated at between $100 and $120 billion worldwide, nearly three times the size it was in 2020, according to a new study by Boston Consulting Group (BCG) and global resale platform Vestiaire Collective. The report, titled “What an Accelerating ...
-
Article
Yamaha launches first e-bikes under own name on European market
For a long time, pedelec pioneer Yamaha had maintained a low profile when it came to e-bikes to be sold in the Western world. It took (too) long to develop drive units and the associated service specifically tailored to the European market. Now, however, things are suddenly happening at a ...
-
Article
E-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
-
Article
Bosch 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 ...
-
Article
A 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 ...
-
Article
After 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.
-
Article
Canadian 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 ...
-
Article
Frilufts 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 ...
-
Article
REI'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 ...
-
Article
Elevate 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, ...
-
Article
Analysis: 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 ...
-
Article
Rossignol 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 ...
-
Article
Jack 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 ...