All E-Commerce & DTC articles – Page 18
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Article
Lightspeed acquires Vend to drive global retail expansion
Montreal, Canada-based omnichannel commerce company Lightspeed POS Inc. has announced the imminent acquisition of New Zealand-based competitor Vend Limited, a cloud-based retail management software company, by the end of April. The expansive move will grow Lightspeed’s customer base by more than 20,000 customer locations worldwide, roughly doubling the company’s current ...
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News briefs
Swiss online retail grows almost 30%
According to a study conducted by Handelsverband.swiss in collaboration with GfK and Swiss Post, online retail in Switzerland grew extraordinarily due to the Corona regulations, making a three-year leap in 2020. Swiss consumers purchased goods and merchandise online for CHF 13.1 billion (€11.82bn-$14.17bn), an increase of CHF 2.8 billion (€2.52bn-$3.03bn) ...
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Canada Goose to open fifth EU brand store
Following its first German brand store in Berlin last year, Canada Goose is now ready to open its second store in the coming weeks, corona regulations permitting, in Frankfurt. The store will span two floors at Frankfurt’s downtown Rathenauplatz and will be the fifth Canada Goose store in Europe to ...
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Online retailer Bergfreunde continues to grow
Online outdoor retailer Bergfreunde GmbH (bergfreunde.de), part of the U.S. Backcountry Group (backcountry.com), has announced annual sales of €155 million for its fiscal year 2020, a plus of 41 percent compared to the previous year. According to the online-only retailer, the increase was due primarily to the Corona pandemic, which ...
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News briefs
Edelrid launches new B2B and B2C information platforms
Edelrid, a specialist in alpine and professional climbing equipment based in Southwest Germany, is going online with a comprehensive new offering for information and training around its products. The digital Brand Room for retailers, which spearheads Edelrid’s digital offensive, is service-oriented and “focused on real life-questions.” It features a media ...
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News briefs
AKU reintegrates German-speaking customer service into Italian team
Italian footwear company AKU is moving all customer service for German-speaking countries to the company’s headquarters in Montebelluna, Italy, effective March 1. All dealer inquiries such as customer care, order and delivery information, product information and order processing will now be handled and decided directly by the headquarters. According to ...
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News briefs
NPD Group names winners of inaugural Outdoor Sports Industry Performance Awards
The NPD Group has announced the winners of its first Outdoor Sports Industry Performance Awards. The awards recognize the fastest-growing brands of 2020 in key outdoor categories in the U.S., including snowsports equipment. This is according to NPD’s Retail Tracking Service, which collects data from more than 600,000 retail stores ...
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News briefs
Wildberries launches in France, Italy and Spain
After rolling out its online store in Germany in January, Russia’s biggest online retailer, Wildberries, has started to operate in France, Italy and Spain, with dedicated sites and mobile apps tailored to the local markets, the company said in a statement. The online retailer that first launched in 2004 currently ...
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News briefs
New trade body in the U.K. to support digital retail
Six major U.K.-based e-tailers – Asos, Boohoo, Gymshark, the Ocado Group, AO World and The Hut Group (THG) – have launched the UK Digital Business Association (UKDBA), a new trade body to support the fast-growing e-commerce sector. The new association will back the digital commerce sector while also supporting brick-and-mortar ...
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News briefs
Merger of two Danish bicycle retailers
Design Cykler, a Danish bicycle retailer based in Skive, Jutland, with eight physical stores in major cities, and Cykelpartner.dk are merging to form DCCP Group A/S. Kenneth Mortensen, the newly appointed director of DCCP, said in a press release, “It takes two to tango, and we’ve wanted to merge the ...
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Article
Ampler Bikes continues to expand after doubling sales in 2020
After doubling its sales last year, young B2C e-bike company Ampler Bikes is looking to simultaneously expand into other national markets this year while maintaining a high growth rate in Germany (currently the company’s most important market). For 2021, the Estonians have their sights set on Switzerland and the Netherlands. ...
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News briefs
New addition to H.A.D.’s digital marketing team
Source: Linn Poppen Linn Poppen has joined the team of the German brand Pro Feet Functional Wear as digital marketing & sales manager. Poppen joins Pro Feet from competitor Buff / Elan Central Europe, where she spent the last four years building the digital marketing department. Poppen ...
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News briefs
Schöffel Foundation plants 30,000 trees
Peter Schöffel, CEO Schöffel The reduction of the VAT in Germany in the second half of 2020 was intended to support the economy during the Covid-19 pandemic. But it also made possible a sustainability project by the Schöffel Foundation, which was established in 2011 to promote and ...
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News briefs
Tretorn’s parent company acquires Swedish outdoor retailer
Tretorn brand owner Thevea Brand Group has acquired Swedish outdoor retailer Friluftsvaror. For more than 50 years, Friluftsvaror has developed, produced and sold tents, backpacks, sleeping bags and other outdoor equipment. Through its online store, the retailer, which also operates a physical store in Malmö, sells its own Fjällmark brand ...
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News briefs
Thule opens first U.S. brand store in Denver
Thule will be opening a brand store in Denver, Colorado in summer 2021. While the Swedish company is already operating several dedicated brand stores throughout Europe, Asia, and Latin America, this new store will be the first one in North America. Much like the other brand stores, this retail experience ...
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News briefs
Shop Pay expands to Facebook and Instagram in the U.S.
Shopify is expanding Shop Pay – the fastest and most secure way to shop online, according to the Canadian e-commerce software company – to all U.S. Shopify merchants selling on Facebook and Instagram. With Shop Pay now available as a fast and secure payment option on Facebook, people also get ...
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News briefs
Payment service Klarna launches bank account in Germany
Klarna is launching consumer bank accounts in Germany, with the aim to provide them with further control of their finances. The launch marks a first for the company and will allow customers to easily track, categorize and analyze all of their everyday spending using the Klarna app. A Klarna bank ...
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Delivery problems take their toll on multichannel supplier Rose Bikes
After an extremely successful 2020 fiscal year with a 34 percent increase in sales, the Corona pandemic’s economic effects are now hitting German B2C bicycle supplier and retailer Rose Bikes. The Bocholt-based company speaks of a “lack of delivery reliability on the part of Asian component manufacturers. This has direct ...
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Bike Exchange: IPO on Australian Stock Exchange
Source: Bike Exchange The Australian company behind Bike Exchange, Rpro Holdings Limited, went public with its “world’s leading digital bike marketplace.” Since Feb. 9, the marketplace has been listed on the Australian Securities Exchange (ASX) in Sydney under the name Bike Exchange Limited. The share code is ...
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News briefs
Internetstores invests in an automated returns center
Source: Internetstores Internetstores returns center, Untertürkheim Frank Aldorf, chief brand officer at German multichannel retailer Internetstores, presented the company’s digital-first strategy at ISPO Munich Online. With its 40 online stores in 14 countries, including the stores fahrrad.de, Bikester, Brügelmann, Probikeshop, Campz and Addnature, Internetstores sells 1,350 brands. ...