All Retail articles – Page 26
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News briefs
Fur Free Retailer Initiative sees large stores join its program
With major German department stores and textiles retailers Oberpollinger, Alsterhaus, KaDeWe and Engelhorn being the latest to join the list of fur-free businesses, the initiative of the Fur Free Alliance sees significant growth in Europe. Mammut and Adidas also joined the initiative this year. The Fur Free Retailer program, which ...
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News briefs
Patagonia installs Source water technology in Hawaii store
In an attempt to raise awareness of the global water crisis, Patagonia will use Source Hydropanels to give customers and employees of its Honolulu store premium and sustainably produced drinking water. Using sunlight and air as the only inputs, the Source technology pulls pure, clean and infinitely renewable water vapor ...
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News briefsGerman banks launch unified digital payment service
Banks and savings institutes in Germany are driving forward the standardization of their online payment processes. Since May 5, the institutions will gradually offer customers and retailers a bundled payment service for all aspects of checking accounts. The five major banking associations that make up the Deutsche Kreditwirtschaft (DK) had ...
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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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ArticleA.S. Adventure Group becomes Yonderland as it completes its refinancing
The A.S. Adventure Group is changing its name to Yonderland as it completes a financial reorganization under which its bank lenders have acquired a minority stake in the company. In addition to rescheduling its debt, it will also receive a capital injection of €25 million to support its growth strategy ...
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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 briefsEOG supports expansion of database for outdoor benchmark report
Pauline Shepherd, head of research and insights at the European Outdoor Group (EOG), and Richard Payne, from market research firm Sports Marketing Surveys (SMS), recently held a webinar on the current state of the European outdoor trade and the association’s plans for the evolving “Outdoor Benchmark Report” managed by SMS. ...
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News briefsSKS Germany and Ortlieb launch joint clinics
Bicycle accessories manufacturer SKS Germany and waterproof equipment manufacturer Ortlieb have jointly launched the “SKS & Ortlieb Roadshow” in Germany. The tour is intended to give interested dealers a time-efficient possibility to learn about new products, the brands and the associated USPs such as “Made in Germany”, despite the Covid-related ...
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Data & AnalysisHow 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
Joint social media campaign of vds and other German associations calls for store reopening
With #wiederöffnen („reopen“), the Association of German Sports Retailers (vds) has launched a joint social media campaign with other national retail trade associations, which all German retailers are invited to support by sharing on their own social media channels. “We want to achieve that the customers recognize ...
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News briefsSwiss 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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ArticleFinnish 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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News briefsSurvey: German outdoor customers remain loyal to stationary retail
Schöffel has published the results of a representative survey conducted in collaboration with YouGov. According to the results, the current popularity of online retail in the apparel industry is likely to be put into perspective, at least in the outdoor market, due to the Corona restrictions following the end of ...
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ArticleWeSports 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. ...
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ArticleChinese e-mobility specialist Yadea announces global expansion course
At an international press conference in mid-April, Chinese e-two-wheeler giant Yadea Technology Group Co., Ltd. unveiled its product mix with which it plans to make a global splash in the future. Under the slogan “Electrify your life,” the first e-scooters and e-bikes were added to the global portfolio presented at ...
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News briefsMaier Sports and Gonso support local retailers with Outtra services
Germany’s Maier Sports GmbH, owner of the Maier Sports and Gonso brands and in turn part of the outdoor division of the Schwan-Stabilo group, is going live with the “Where-to-buy local” and „Shop Window” tools from software specialist Outtra. In view of the current business situation, the project, which had ...
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News briefsBike&Co continues to restructure under new management
Source: Bike&Co Volker Diehl After successful years and a comprehensive reorganization of the company, the management of the German bicycle purchasing association, Bike&Co, has announced some changes. After managing director Olaf Heinen left the association “by mutual agreement,” the appointment of several long-serving employees to the management ...
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News briefs
Sportler targets cycling enthusiasts with new Italian store
Sportler has opened its first dedicated bike store, building on cycling’s success story during the Covid-19 pandemic. The new 1,500-square-meter store, opened on April 9, is located in Mandella, near Peschiera del Garda, in the Italian province of Verona. In addition to products from leading bicycle brands, the store will ...
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ArticleIn a global FMCG comparison, Germans, French and Danes are more reluctant to buy online than others
In its latest Fast-Moving Consumer Goods (FMCG) Report 2021, London-based data and analysis company YouGov surveyed more than 19,000 consumers in 17 markets worldwide to find out about their shopping behavior. The study reveals differences between the various markets, but also similarities. A 59 percent majority of consumers across all ...
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ArticleLower losses in JD’s outdoor retail operations
JD Sports Fashion Plc managed to report generally good results for the year ended Jan. 30, 2021, in spite of the impact from the coronavirus pandemic and Brexit, “which have severely tested all aspects of the business,” the management said. The company’s profit before tax and exceptional items of £421.3 ...
