All E-Commerce & DTC articles – Page 10
-
News briefsOnline Brands Nordic recruits new CFO
Online Brands Nordic AB, the Gothenburg-based investment firm that just acquired Isbjörn of Sweden, is strengthening its organization with the hiring of Martin Carlsson as its new CFO. Carlsson has extensive experience in banking and finance and most recently worked at Nordea in the group mergers & acquisitions department. His ...
-
ArticleThredUp debuts Recommerce 100 report, sees rapid growth of brand’s resale programs
U.S.-based company ThredUP, a large online resale service provider and platform for women’s and kids’ apparel, shoes and accessories, has started a monthly index that tracks which brands and retailers have launched resale programs and monitors their potential impact on the planet. The monthly Recommerce 100 report, conducted by the ...
-
News briefsCrow Bicycles secures €300,000 in its first funding round
Crow Bicycles, the Spanish high-end e-bike brand launched last year through an international crowdfunding campaign, closed its first investment round with a capital increase of €300,000. The funds will be used to develop new products, technologies, and services and hire new professionals with talent and expertise, the company said. Crow ...
-
ArticleMerrell launches beta version of shoe advisor app to make shopping easier and reduce returns
Verifyt, a product of Boston-based company NetVirta, a developer of smartphone 3D body scanning technologies, is the fit-scanning technology used in the beta version of Merrell’s new Merrell Shoe Advisor™ mobile app, the industry’s first consumer app designed to ensure an accurate, personalized shoe fitting recommendation. Verifyt is said by ...
-
News briefsSportshopen builds new warehouse and logistics center
Sportshopen, the retail chain of Swedemount Sportswear & Fashion AB, which was founded in 1991 and currently has 15 stores in Sweden, is building a new warehouse and logistics center with offices in Gothenburg. The company’s growing European e-commerce business made this move necessary, according to ehandel.se, primarily to guarantee ...
-
News briefsH&M’s Arket to carry Klättermusen
As reported by habit.se, Arket will add the Swedish outdoor brand to its assortment starting April 21. Previously, Arket had already sold third-party products from footwear brands Tretorn, New Balance and Merrell, but Klättermusen marks the first time it is stocking an external clothing brand, with accessories to be offered ...
-
ArticleGerman fashion chain Adler to enter outdoor business with McTrek
Germany’s Adler Modemärkte is cooperating with McTrek Retail GmbH to enter the outdoor product market with its more than 130 Adler stores in Germany, Austria, Luxembourg and Switzerland. Adler Modemärkte AG, a company that had been strong with private labels in the past, went into insolvency in 2021 and was ...
-
News briefsBergzeit relaunches website with focus on international business
With a relaunch of its regional webshops (end of February in Benelux, U.K. and Italy, and mid-March in Germany, Austria and Switzerland), German retailer Bergzeit is pushing its internationalization. In addition to a cleaner look and feel, a more intuitive user experience was one of the main goals of the ...
-
ArticleRetailer Bergzeit invests in community electricity, gets support from Patagonia
A panel discussion in March at the retailer’s company headquarters made it clear what a contribution to the energy transition can look like and how important it is.
-
News briefsKlarna acquires PriceRunner
Klarna, the fintech company that intermediates between retailers and customers, handling direct payments, payments after delivery and installment plans, has acquired all of PriceRunner, a comparison-shopping service operating in Sweden, Denmark, Norway and the U.K. Klarna will be adding PriceRunner’s product discovery, price comparisons and product reviews to its own ...
-
News briefsLa Sportiva opens first German mono-brand store
La Sportiva opened its first mono-brand store in Germany on March 20. The store is located in the municipality of Bubenreuth at Kurt Albert Strasse 1, inside the Blockhelden Frankenjura fitness club. The Frankenjura region is the largest climbing area in Germany and one of the top spots for sports ...
-
News briefsStart-up footwear brand Hylo raises €2.9 million for low CO2 vegan sports shoes
The U.K.-based brand Hylo Athletics, co-founded by ex-football professional Michael Doughty in 2020, has secured €2.9 million in a Series A funding round for its vegan-friendly sneakers that are made with natural rubber, cotton, algae and corn fiber. The company claims the “corn runners” have a 52 percent lower carbon ...
-
News briefsVaude tackles fake stores
The e-commerce market is growing, and at the same time, there are not only more and more but also more professional fake stores. Renowned brands, in particular, are affected by this scam. Vaude is taking action against this together with the company Convey to protect its own brand and its ...
-
News briefsBergfreunde reports 31 percent growth in 2021, turnover exceeds €200 million
German e-commerce specialist Bergfreunde has released its 2021 report, stating a record turnover of €203 million. Given the unbroken growth trend in 2022, Bergfreunde is investing in new employees and further expanding its customer support (which currently counts 60 people) and IT development team. In 2021 alone, the store IT ...
-
News briefsTwitter expands selling opportunities with Twitter Shops
Launched as a U.S.-only initiative at first, the new Twitter Shops service now offers merchants on Twitter the opportunity to showcase and sell up to 50 different products at a time. The new beta feature will display a “View shop” button just above a company’s tweets that leads to a ...
-
News briefsSporting goods companies react to war in Ukraine
(Mach 2) As reported by the Portland Business Journal, Nike has temporarily halted sales through its Russian website and app, stating that the company “cannot guarantee delivery of goods to customers in Russia.” While the reference to possible delivery difficulties is not a direct position on the Russian invasion of ...
-
ArticleSSU grows by only 10.6% as bike supply issues persist
Signa Sports United (SSU), which continues to be hampered by supply chain issues within its full-bike segment, grew first-quarter revenues by 10.6 percent to €213 million due to strong sales gains within its tennis (+43 percent) and outdoor equipment (+20 percent) segments. Excluding sales of full bikes, first-quarter revenues climbed ...
-
News briefsIntersport Sweden appoints Johan Järnliden as member of the board
Source: Intersport Johan Jaernliden Johan Järnliden, voted Sweden’s best marketing manager of the year in 2019, started his new position as a member of the board of Intersport Sweden in February 2022. He has been working as marketing manager for the online hardware store and machinery dealer ...
-
News briefsBergans opens flagship store in Stavanger
Bergans is opening its first dedicated store in Stavanger, Norway, on Feb. 24 at Nygata 9. According to Anett Kolstad, retail director at Bergans, it is time to open a store in Rogaland’s capital. Due to its location near the Lysefjord, Preikestolen or Kerag, Stavanger is considered a popular tourist ...
-
News briefsShopify expects sales to decline when the pandemic ends
While the majority is hoping that the Covid-19 pandemic will have less and less of an impact on our daily lives in the coming months, that very prospect is apparently dampening expectations for annual revenue at e-commerce platform Shopify, according to online service t3n. The company is forecasting a decline ...
