The latest news and analysis on Direct to Consumer initiatives, E-Commerce and Marketplaces.
Resale specialist Trove secures $30 million Series E funding
Trove, a leading U.S.-based resale and trade-in company for brands and retailers including Canada Goose, Carhartt, Lululemon, Patagonia, REI, Arc’teryx, Allbirds and others, announced $30 million in Series E funding, bringing Trove’s total funding since inception to more than $150 million. The funding round was co-led by Wellington Management and ...
R&M switches to reusable packaging for e-bikes and small parts
German e- and cargo-bike manufacturer Riese & Müller GmbH (R&M) has announced it is soon to be one of the first manufacturers in the bike industry to use reusable packaging for shipping e-bikes and small parts.
Sales in Swedish sports retail down 1.7% in Q2
According to the Sportindex, compiled by industry organization Svenskt Sportforum in collaboration with the Swedish Retail Research Institute (HUI), sales in the Swedish sports retail sector fell by 1.7 percent in Q2 2023. This was the sixth consecutive quarter of negative development. Changing behavior patterns following the end of the ...
Restructuring process for Swedemount Sportswear & Fashion AB approved
As the border between Norway and Sweden was closed during the pandemic and therefore, important stores along the Norwegian border were shuttered and severely affected, the Swedish company Swedemount Sportswear & Fashion AB suffered significant losses in sales. The Covid support the company received during this period exceeded the amount ...