All E-Commerce & DTC articles – Page 16
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News briefs
Isbjörn partners with GoJungo to grow international business
Outdoor children’s apparel brand Isbjörn of Sweden has announced an e-commerce partnership with German marketplace specialist GoJungo to simplify logistics and help grow the brand’s international business. GoJungo provides an innovative and sustainable platform for Isbjörn to ensure its outdoor apparel and accessories are easily accessible through major online stores ...
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News briefs
CMP opens store in Venice
CMP has opened a brand store in Venice. The new 140-square-meter space of the Italian brand, part of the F.lli Campagnolo Group, is located in the Nave de Vero shopping center in Marghera. It is CMP’s 20th brand store in Italy. The store sells products for trekking, hiking, running, trail ...
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News briefs
Schöffel-Lowa launches online store
In addition to its 34 brick-and-mortar locations in Germany and Austria, Schöffel-Lowa Sportartikel is now expanding its services and launching its own online store at store.schoeffel-lowa.de. The stores of the two long-established companies will thus have a modern add-on to serve their customers and expand their coverage area. Customers now ...
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Article
Is blockchain technology just a hype or helpful?
Blockchain technology (BT) is generally associated with cryptocurrencies, but it is rapidly being adopted in other sectors to streamline bureaucracy and foster transparency. In February 2019, the Italian industry ministry announced plans to set up, jointly with the computer giant IBM, a national scheme using BT to guarantee the traceability ...
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News briefs
Greenpeace investigates Amazon warehouse, uncovers destruction of returned goods
With the help of an undercover investigator at Amazon, the environmental organization Greenpeace has documented the destruction of returned new products at the retailer’s logistics facility in Winsen, Germany. A documentary aired on prime-time German television showed eight workplaces that Amazon calls “destroy stations”. According to Greenpeace research, this is ...
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News briefs
Germany’s coffee roaster Tchibo sells Mink campers online
Source: Mink Campers Mink 2.0 offroad caravan Two compact camping caravans have been on sale at Germany’s coffee roaster Tchibo since May 18. In addition to the KIP Shelter (€12,950) from the Netherlands, Tchibo is also offering the Mink 2.0 (€18,280) from Iceland. Mink Campers was founded ...
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News briefs
Adidas Terrex tests rental service in France
Adidas is testing a new rental program for products of its dedicated outdoor division. Customers can choose footwear and apparel from around 40 products for men and women via the online platform location.adidas.fr. The products can be rented for a set amount of time, with pricing based on the duration. ...
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News briefs
Yeti’s DTC exceeds 50% in Q1
Yeti, the U.S. brand of coolers, drinkware and other outdoor gear, reported a 260 percent increase in net income to $30.52 million from $8.48 million on sales up 42 percent to $247.55 million from $174.41 million in the first quarter. Wholesale and DTC improved on growth in the coolers and ...
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News briefs
Study: Environmental impact of e-commerce relevantly smaller than offline shopping
In a new study, consulting and analyst firm Oliver Wyman has validated the impact of e-commerce both on the retail industry and the environment. The data is based on an analysis of official statistics, independent retailer surveys conducted in 2020 and a proprietary CO2 impact model (full study here). In ...
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News briefs
Ecco opens flagship store in Shanghai
Danish footwear brand Ecco opened a new flagship store in Shanghai in April. The company said that physical stores remain an important and attractive sales channel for Ecco’s customers, although online shopping has become an essential part of the “new normal.” Additionally, life in Shanghai right now is not hampered ...
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Article
Amazon publishes first Brand Protection Report
Amazon released its 2020 Brand Protection Report, which provides a comprehensive overview of how the company ensures customers are buying authentic products in its stores. According to the paper, the company invested in dedicated teams and industry-leading machine learning technology to proactively protect customers, brands and its selling partners from ...
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News briefs
Alpkit opens its first Scottish store
Alpkit has opened a new store in Edinburgh, not far from the iconic Arthur’s Seat volcano in Holyrood Park. It is the sixth store of the outdoor brand, based in Nottinghamshire, England, and its first in Scotland. In a statement published on its website, the company described its Scottish store ...
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News briefs
Wildberries launches in the U.S.
Russia’s largest online retailer, Wildberries, has entered the U.S. market, expanding its presence to 14 countries. The company has been active in increasing its international presence this year, with the launch of its German online store in January and France, Italy and Spain one month later. In 2020, the platform’s ...
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News briefs
Amazon’s sales grow by 44% in Q1
Beating estimates, Amazon’s net sales jumped by 44 percent to $108.5 billion in the first quarter, driven by the ongoing online shopping boom caused by the Covid pandemic. Excluding a $2.1 billion favorable impact from changes in foreign exchange rates during the quarter, the revenue increase was limited at 41 ...
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Data & Analysis
How outdoor and sports companies are dealing with Brexit
The European Parliament voted on April 27 to approve the agreement signed by the British government and the EU on Christmas Eve to regulate trade relations after the U.K.’s official exit from the European Single Market on Jan. 1. It’s been hard for the companies in our sector, especially the ...
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News briefs
Swiss sports market stable in 2020; online in Q1 2021 outperforms previous year
According to GfK market research, the Swiss sporting goods market ended 2020 with a stable result, thanks to a sales rally in the last two months of the year. However, there is a significant gap between the different sectors: the overall winners in 2020 were fitness, outdoor, running, stand-up paddling ...
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News briefs
Yeti launches augmented reality online shopping experience
U.S. cooler specialist Yeti and Vertebrae, a 3D and augmented reality (AR) retail solutions company, have unveiled a new immersive 3D and AR experience for online shoppers on Yeti’s U.S. website. Customers can place more than 50 virtual products in their own physical environment and view the products three-dimensionally to ...
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News briefs
Afydad launches online marketplace
Afydad, the Spanish association of sporting goods manufacturers and retailers, has launched a new website, www.spainissport.com, to serve as an omnichannel B2C marketplace and B2B showroom. The marketplace is operational, can take orders from final customers and can “geolocate” for them the nearest distributor or retailer of a given product. ...
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Article
Finnish Verkkokauppa.com improves sales and profitability along with strong online sales
Verkkokauppa.com, one of the most visited Finnish online retailers known for its very competitive prices, has published its financial report for the first quarter of 2021. Revenue for the period from Jan. 1 to March 31 grew by 7.0 percent year-on-year to €134.0 million (Q1 2020: €125 million), with gross ...
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Article
WeSports acquires Nordic Outdoor & Sports Group
WeSports AB, a Stockholm-based group of individual sports, outdoor and mobility companies that operates online as well as physical stores and product brands, and GOB Invest, also based in Stockholm, have acquired Nordic Outdoor & Sports Group AB (Nordic OSG), a leading Scandinavian outdoor, climbing and snow sports retail group. ...