All E-Commerce & DTC articles – Page 21
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News briefs
Maxi Sport and Cisalfa honored for e-commerce sites
Maxisport.com has been recognized as the best Italian e-commerce site for 2020/2021 in the category “Sport&Outdoor” by L´Istituto Tedesco Qualità e Finanza (ITQF). Founded in 1989 in Merate, in Lombardy, Maxi Sport has four stores in the region. The retailer launched its e-commerce site in 2002. Cisalfa, running 147 brick-and-mortar ...
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News briefs
Technogym introduces new on-demand content platform
Technogym, the Italian specialist in fitness equipment, has announced the launch of a new on-demand content platform that offers a personalized training experience. The platform is accessible live and on-demand, on Technogym’s equipment consoles and through the company’s Mywellness app. Alongside Technogym’s content library, users will be able to access ...
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Article
Signa Sports United grows 39% in the third quarter
The online platform Signa Sports United, which includes the online and multi-channel retailers fahrrad.de, bikester, campz, addnature, Tennis Point, Outfitter and Stylefile, increased sales by 39 percent in the third quarter of its current fiscal year, ended on June 30. Based on the entire financial year to date, sales in ...
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Nike realigns management for digital DTC, places EMEA under Grebert
Nike will be making several changes to its top management and operating model in keeping with the “Consumer Direct Acceleration” (CDA) policy it announced in June while releasing its latest financial results. The Nike brand’s regional divisions will remain as they stand, but two of them will be swapping out ...
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Russia’s Sportmaster wants to trade more online
Russia’s biggest sporting goods retailer, Sportmaster, plans to boost the share of sales online to 30 percent, as compared to 12 percent before the coronavirus pandemic, said Dmitry Strakhov, Sportmaster’s sales and development director. To reach that goal, Sportmaster plans to design and launch a new online store as well ...
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Online sales support Kathmandu and Rip Curl
Kathmandu Holdings told investors that it expects a 30 percent drop in adjusted Ebitda for the current financial year, in spite of strong online sales during the recent corona-related retail lockdowns in Australia and double-digit sales increases overall after its stores reopened. While it is still more than half way ...
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News briefs
Two more Salomon stores in Germany
Salomon is opening new stores in Frankfurt and Cologne, indicating that they are based on an “epicenter strategy” to raise brand awareness and help local retail partners create synergies and increase sales. The stores will focus on road running, trail running, hiking and backpacking as well as general sportswear, skiwear ...
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Germany’s anti-trust body clears Intersport’s new online business model
The online sales model of Intersport Germany’s shared online platform has been cleared by the German Cartel Office, or Bundeskartellamt. Noting that it is difficult for small retailers to compete on their own against major online retailers like Amazon and the brands’ online shops, the anti-trust body said it sees ...
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Analysis: Digital accelerates at Nike after a poor quarter
Nike has decided to accelerate the digital development of its “consumer-direct offence” program after suffering a 36 percent currency-neutral drop in group revenues for the fourth quarter of its financial year, ended May 31. The rate of decline would have been steeper without the fruits of its earlier investments in ...
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News briefs
Signa Sports United launches its online stores in Japan
Outfitter, one of the online retail chains of Signa Sports United (SSL), has launched its first online store in Japan in cooperation with Aeon. The two partners plan to add other online stores for two other properties of SSL, Tennis-Point and Probikeshop, in Japan next month. The Austrian-based Signa Retail ...
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News briefs
Three more markets for Zalando’s Connect Retail program
From July, Zalando will be extending its offer to waive commissions on its Connected Retail program to Poland, Sweden and Spain. The initiative, which was originally aimed at supporting brick-and-mortar stores during the coronavirus crisis, was introduced in Germany and the Netherlands on April 1. The offer will run until ...
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Lululemon suffered less than its peers
Despite strong gains in e-commerce, store closures due to the Covid-19 pandemic weighed on Lululemon Athletica’s sales, affecting its quarterly performance and sending the vertically integrated yoga apparel maker’s sales down by about 7 percent. Financial analysts had anticipated that the company would book sales of nearly $700 million for ...
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Footway wants to buy a streetwear specialist
The Footway Group, the increasingly international Swedish online shoe retailer that recently agreed to merge with Sportamore, wants to create a leading platform for e-commerce in sports and fashion by also acquiring an online retailer of streetwear and sneakers, Californian Roots, or Caliroots for short. Caliroots has been undergoing a ...
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News briefs
Tradeinn on track for another stellar year
Pandemic or not, Tradeinn continues to grow. For the first five months of 2020, the Spanish sports e-tailer exceeded €100 million in sales – more than half of last year’s total of €188 million. Its objective for the whole of 2020 – according to the founder and chief executive, David ...
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News briefs
Online conference by Ispo on June 30 and July 1st
Ispo will host a digital conference on June 30 and July 1 to take the place of the previously planned Ispo SDG Summit in Munich. Called Ispo Re.Start Days, the conference will focus on “Beyond Digitalization,” “Beyong Sustainability” and “Beyond Health.” Following the cancellation of the OutDoor by Ispo trade ...
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Coronavirus slows Technogym’s sales, but home fitness rockets
Lockdowns and store closures hit Technogym’s sales in the first quarter, although this was partly offset by higher sales of home fitness equipment, as more people exercised indoors. The Italian company’s total revenues dropped by 11.2 percent from the year-ago quarter to €116.8 million, or by 11.9 percent in constant ...
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Sportmaster inks a partnership with an online store
Russia’s biggest sporting goods retailer has signed a partnership agreement with the big Russian online fashion store of Lamoda, under which Sportmaster will soon begin selling sports and outdoor footwear and apparel through its marketplace. Sportmaster said it was planning to only offer goods under its private Demix and Outventure ...
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Oberalp holds its first Virtual Convention
The current restrictions on international travel and social contacts are leading Oberalp to organize a ”virtual” sales convention to present the latest products of its brands, which include Salewa, Dynafit, Wild Country, Evolv and Pomoca. The 2020 digital convention, which is to replace the corresponding “physical” events of the past ...
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Zalando sees 2020 revenues up by 10-20%
Zalando issued a new full-year guidance which takes into account the impact of the Covid-19 pandemic and sees gross merchandise volume (GMV) and revenues up by 10-20 percent. The forecast nearly doubled the share price from its mid-March level up to a record since a year ago. The company noted ...
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Decathlon inks deals with marketplaces
As it has already done with Kant, one of the major multi-brand sports retailers in Russia, Decathlon has embarked on an unusual cooperation with a major Russian e-tailer, Ozon, which is pushing its own marketplace. The highly verticalized French sports retailer has announced a contract with Ozon to sell 1,500 ...