All Retail articles – Page 33
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News briefsManagement buyout at McTrek
According to German media, the outdoor retailer McTrek Retail GmbH was taken over by CM.Solutions GmbH and its managing director Christian Müller as part of a management buyout. In the past two years, McTrek has found its way back to an economically stable situation after insolvency, the company said. 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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News briefsAdidas Terrex opens pop-up in Chamonix
Adidas Terrex has inaugurated a store in Chamonix-Mont-Blanc, its first in France. According to Sport Guide, the pop-up store should remain in place for at least 12 months. Adidas said that the pop-up format made it easier for the brand to accelerate the opening. The company had initially planned to ...
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News briefsInternetstores announces new CEO
Internetstores has a new CEO in Torsten Waack van Wasen, who succeeds Max Heimann as leader of the multichannel specialty retail giant. According to company news, Heiman left at his own request after taking on the role only about six months ago. The digital specialist retailer for bicycles includes brands ...
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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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News briefsNew Millet store in Turin
After opening in Bolzano in November, Millet has now added another new flagship store in Turin at Via Gramsci 15. These two stores are the brand’s eighth and ninth in Europe and part of a broader retail plan for Italy that will see more openings, also in franchising, especially in ...
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News briefsOutdoor report by Marketmedia24 gives future outlook
Marketmedia24 has launched its new “Branchen-Report Outdoor 2023,” which puts a spotlight on the market development in Germany from the pandemic years 2020 and 2021 to 2022, a year overshadowed by war and inflation. Overall, Marketmedia24 sees 2022 as a year of slightly negative sales numbers (-1.4 percent) for the ...
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News briefsGathr Outdoors launches cross-brand loyalty program in the U.S.
Tennessee-based Gathr Outdoors, a portfolio company of Centre Partners that owns the Orca, GCI Outdoor and Klymit brands, amongst others, announced a new cross-brand, multi-tier loyalty program called Gathr Rewards, designed to reward customers with points redeemable for dollars towards future purchases. The program will initially encompass Orca, GCI Outdoor, ...
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News briefsBicycle Association and Novuna partner to make bike purchases more affordable
The U.K.’s trade association for the bicycle industry, the Bicycle Association (BA), has entered into a new partnership with Novuna Consumer Finance, one of the U.K.’s leading retail finance providers. The partnership will enable all BA members and the more than 1,000 U.K. bicycle retailers participating in its Investors in ...
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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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News briefsRaven Hengelsport has ceased trading
Raven Hengelsport, one of Europe’s biggest tackle retailers, has ceased operating. The District Court of Central Netherlands has appointed J.P. Davids of Davids Advocaten as administrator, Angling International has reported. The company will be declared bankrupt if no options are found to continue activities. Raven started its business back in ...
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News briefsItaly's brands and retailers defy early season sales
GVO (Outdoor Value Group) is the name of a group of companies and outdoor retailers that have decided to take action to protect the value of their brands. The project is supported by the working table of the IOG (Italian Outdoor Group). It aims to postpone the end of the ...
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News briefsAdidas opens first Terrex store in Canada
Source: Adidas Canada The new Kitsilano Terrex store in Vancouver, BC, Canada On Dec. 26, Adidas officially opened its first Canadian Terrex store in Vancouver’s outdoor hub, Kitsilano, at 2235 W 4th Ave. The company said that the assortment of apparel, footwear and accessories in the new ...
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News briefsInditex agrees on three-year engagement with WWF for biodiversity projects
Spanish fast fashion group Inditex, owner of Zara, Bershka and Pull&Bear, among other retail brands, has entered a partnership with the World Wide Fund for Nature (WWF) to support several of the conservation association’s projects. The collaboration will start with nine initiatives across four regions focused on forest conservation, water ...
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News briefsSport Conrad successfully runs pilot second-hand collection and sales project
Source: Sport Conrad Sport Conrad NOMOI second hand products German retailer Sport Conrad has now sold the 160 used garments from brands Patagonia, Ortovox, Maloja and Norrøna that were collected from mid-November 2022 as part of a pilot project integrated into the retailer’s sustainability initiatives. According to ...
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News briefsPeak Performance opens a new concept store in Denmark
Swedish outdoor brand Peak Performance has opened a new 160 square meter concept store in Copenhagen city center, aiming to showcase the brand’s determination to reduce the environmental impact and focus on community and services. The new store — with an interior inspired by nature in the northern part of ...
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News briefsMountain Warehouse posts record revenues
Mountain Warehouse posted revenues of £302.6 million (€344.9 million) in the 12 months to the end of February 2022, representing a 26 percent jump on the prior year, and a 4.6 percent increase versus 2019/20, before any impact from Covid-19. Sales reached a new record in the company’s 25-year history. ...
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News briefsDynafit rebrands competence centers, launches retail initiative
With its retail offensive launched in the fall of 2022 and running over the whole winter 22/23 season, Dynafit aims to increase the level of knowledge of its retail partners with regard to ski touring in general and Dynafit products in particular. The campaign included intensive on-snow dealer trainings in ...
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News briefsSport Conrad donates 1% of “We rethink” week sales to POW and KlimaAlps
From Nov. 19 to 26, German outdoor retailer Sport Conrad has again held its alternative to Black Week as part of its “Wir Denken Um” (we rethink) project launched in 2018. During the week, the retailer was calling on customers to repair their mountaineering products, use professional care or make ...
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News briefsCMP opens its 50th store
Italian outdoor brand CMP, part of the F.lli Campagnolo SpA group, has opened a new flagship store in Bologna, in northern Italy. It is the brand’s 50th store. CMP opened its very first flagship store seven years ago. Opened on Dec. 13 and located in Bologna’s city center, at 4 ...
