All Retail articles – Page 9
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News briefsRe-Commerce company Responsible acquires IT specialist Haru
Responsible, a global circularity platform, has acquired Haru. This tech-powered re-commerce solution was founded in 2018 as a service provider for charity shops (to date, 550 of them work with the Haru solution across Ireland and the U.K.). While joining forces, the two companies are aiming to provide collecting, sorting, ...
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News briefsBergzeit supports social projects with €10K from returned products sale
German mountain sports retailer Bergzeit held a special sale of returned and sample merchandise at its Gmund store in January 2023. During the four-day sale, returned items were offered at heavily discounted prices. According to the company, this was to send a signal against the destruction of returned and old ...
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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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News briefsGlobetrotter campaigns for its greener choice-products
German retailer Globetrotter has declared March 2023 as the campaign month under the motto “Greener on the Road”. Besides consumer activations and information on the company’s sustainability efforts on-site and online (such as secondhand product and repair shops), Globetrotter celebrates the fifth anniversary of its in-house sustainability label “A Greener ...
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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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News briefsGlobetrotter creates lifecycle manager positions
Starting on March 1, German outdoor retailer Globetrotter is creating two new positions as product lifecycle managers. With their support, the company aims to expand existing initiatives, such as second-hand buying & selling and repair workshops, as well as develop new, innovative projects focused on extending the lifecycle of products. ...
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News briefsAngling Direct posts revenue growth, driven by in-store sales
Angling Direct, the British omnichannel fishing tackle and equipment retailer, posted sales of £74.1 million (€84m) for the financial year ended Jan. 31, 2023, representing a 2.2 percent increase from the prior year. Sales were boosted by the opening of new stores in Washington (July), Coventry (August) and Stockton-on-Tees (September). ...
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News briefsSecond European Adidas Terrex store opened in Salzburg
Adidas Terrex has opened its second concept store in Europe in Salzburg’s historic pedestrian zone, following the premiere of the specialist retail project in Munich in 2021. The new store is less than half the size of its Munich counterpart (176 sqm vs. 370 sqm) but carries the complete collections ...
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News briefsCake launches all-in subscription model
Cake, the Swedish maker of premium lightweight electric motorcycles, has launched Cake Subscribe, an all-inclusive subscription model that caters to professional business needs. The new program aims to ease the burden of upfront costs associated with buying a vehicle or a fleet of vehicles by requiring no down payment. Service ...
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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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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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News briefsDecathlon supports research on climate change adaptation
Decathlon has become an equipment partner in the new Deep Climate study, a research project by researcher Christian Clot and the Human Adaption Institute that looks at how humans adapt to situations of change and crisis. Together, they are conducting an expedition to three extreme climates (arid/hot, cold and tropical) ...
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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 ...
