Salomon will open its first German store in Munich in November, not far from the local mono-brand store of The North Face
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News briefsGerman banks launch unified digital payment service
Banks and savings institutes in Germany are driving forward the standardization of their online payment processes. Since May 5, the institutions will gradually offer customers and retailers a bundled payment service for all aspects of checking accounts. The five major banking associations that make up the Deutsche Kreditwirtschaft ( ...
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Ecco opens flagship store in Shanghai
Danish footwear brand Ecco opened a new flagship store in Shanghai in April. The company said that physical stores remain an important and attractive sales channel for Ecco’s customers, although online shopping has become an essential part of the “new normal.” Additionally, life in Shanghai right now is not ...
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A.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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Alpkit opens its first Scottish store
Alpkit has opened a new store in Edinburgh, not far from the iconic Arthur’s Seat volcano in Holyrood Park. It is the sixth store of the outdoor brand, based in Nottinghamshire, England, and its first in Scotland. In a statement published on its website, the company described its Scottish ...
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Hydro Flask expands into Latin American market
After launching in Uruguay in late 2019 and expanding into Mexico in early 2020, Hydro Flask is now also present in Argentina, Bolivia and Paraguay. The expansion in Latin America occurs via strategic relationships with Gubrand (Uruguay), Alta Vertical (Mexico), JMC Group (Argentina), NICX (Bolivia) ...
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New Fulcrum distributor in Belgium and Luxembourg
Fulcrum Wheels , an independent wheel company that belongs to the Italian bicycle component supplier Campagnolo Group , has a new distributor in Belgium and Luxembourg. Previously, the German wholesaler and importer Hermann Hartje was responsible for the brand in those countries, but the partnership has now been dissolved ...
