The latest news and analysis on Direct to Consumer initiatives, E-Commerce and Marketplaces.
Swedish sports retail Sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
eBay introduces new resell feature
eBay has announced its new “Resell on eBay” feature, which allows users to offer their clothing on eBay with a few clicks of the mouse. The new feature has been developed as part of eBay’s commitment to make it easier for brands and buyers to participate in the circular economy ...
REI posts $3.76 billion in revenue in 2023, but loses $311 million net
US specialty outdoor retailer REI Co-op released its impact report and financial results for 2023 on April 30. The year closed with $3.76 billion in net sales and nearly $270 million invested back into the co-op community. Net sales were down 2.4 percent from 2022, and the co-op reported a ...
Snowleader raises €15 million
Thomas Roualt, founder and CEO, has announced on his LinkedIn page that Snowleader has raised €15 million in a fourth round of financing in 15 years (the company turned 15 years old last year). According to Fusacq and others, half of the funds stem from equity capital and half from ...