Latest Retail News & Analysis – Page 45
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News briefs
Zalando announces new basic fee and marketplace commission increase
According to information from various media for online retailers, Zalando will soon be introducing a new fee schedule. Previously, the Zalando platform only charged commissions for successful sales. As of July 1, Zalando is implementing a basic fee of €480 per year for its marketplace. The basic fee applies both ...
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Article
Russia considers more tariffs on sporting goods from ‘unfriendly countries’
Russia is contemplating the imposition of protective tariffs on sporting goods imported into the country from “unfriendly countries,” according to Dmitry Kolobov, head of the Department of Important Social Goods at the Russian Ministry of Industry and Trade. Affected countries, in the Russian government’s view, are those that it says ...
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News briefs
Marks & Spencer launches The Sports Edit on M&S.com
Following the London-based retailer’s early 2022 acquisition of The Sports Edit and ongoing investments in growth categories, including sportswear, Marks & Spencer (M&S) has now integrated the dedicated and fast-growing sportswear platform directly into its own marksandspencer.com website. According to M&S, more than 200 women’s sportswear and apparel products from ...
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Article
eBay Recommerce Report shows users find financial value in used goods
eBay has released its third annual Recommerce Report, which examines what drives sellers and buyers to participate in the sale of used goods. The latest report (for 2022) also marks the first time eBay has conducted a separate survey exclusively for buyers. Both sellers and buyers are turning to resale ...
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Article
Sportmaster rejects takeover of former Russian Decathlon chain
Russia’s largest sporting goods retailer Sportmaster has declined Decathlon’s offer to purchase its BlueBox chain of stores, which has stood idle since the middle of 2022, an anonymous source in Sportmaster told the Russian newspaper Izvestia. “Firstly, our stores are located close to each other, which is disadvantageous. Secondly, the ...
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News briefs
Decathlon to support research on adaptation to climate change
Decathlon has become an equipment partner in the new Deep Climate study, a research project by researcher Christian Clot and the Human Adaption Institute that looks at how humans adapt to situations of change and crisis. Together, they are conducting an expedition to three extreme climates (arid/hot, cold and tropical) ...
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Article
Etsy accused of 'knowingly' allowing sales of counterfeit product
In a report published on Feb. 16, 2023, online stock commentary website Citron Research claims to have exposed the “dirty secrets” of Etsy, the New York-based online marketplace for buying and selling handmade and other products, founded in 2005, and its failure to shut down the sale of counterfeit goods, ...
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News briefs
New Balance’s new store in Boston features innovative retail concept
New Balance has opened a new retail location at 124 Newbury Street in the U.S. city of Boston. The store’s retail concept is “built to put people, not products, at the center of the consumer experience,” said the brand. The store, designed around central seating, is supposed to encourage customers ...
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Article
Super Retail Group profit up 38% in H1
The Australian parent of the Rebel Sport, Boating Camping and Fishing (BCF) and Macpac chains reported a first-half profit of A$144.2 million (€107.0m) against A$110.8 million for the six months ended Dec. 31. Super Retail Group, which also owns the Supercheap Auto chain, recorded a 32 percent increase in first-half ...
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News briefs
Hang Ten returns to the European market
Californian surf lifestyle brand Hang Ten, founded in Seal Beach in 1960 by surf legends Duke Boyd and Doris Moore, is back on the European licensing scene and has appointed Plus Licens as its European licensing agent. Hang Ten became synonymous with the surf lifestyle in the 1960s, earning a ...
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News briefs
Snipes invests in new and bigger logistic center
The sports and lifestyle retailer Snipes is building a new service and logistics center in Bedburg, Germany, in order to be positioned for the planned expansion of the company. The construction is the largest logistics investment ever made by the sneaker and streetwear retailer. According to the company, Snipes is ...
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News briefs
C-Skins wetsuits with new distributor for Portugal and Spain
Peak Distribution, the Dutch company that has represented the C-Skins wetsuit brand in the Benelux since 2011 and has also served the wider Northern European region as well as Germany, Austria and Switzerland since 2014, has been appointed C-Skins distributor for Portugal and Spain. C-Skins was founded in 1993 as ...
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News briefs
Sustainability less of a priority in German purchases
The latest GfK Sustainability Index shows that consumers in Germany are planning fewer purchases based on sustainability in the near future. The index for January 2023 now stands at 93.3 points, 6.7 points less than the average for 2022. The index shows the importance of sustainability aspects in consumer purchasing ...
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News briefs
Second-hand isn’t second best, says Unidays fashion report 2023
Unidays, a digital marketplace for student discounts and a networking platform, has conducted a new study among 3,279 of its (27 million worldwide) users in the U.S., U.K., and Australia. As Unidays is a student-only offering, the company connects with a purely Gen-Z target group. The Unidays Fashion Report 2023 ...
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Infographics & Data
Average cost of a 30 second Super Bowl commercial in the U.S. 2002 to 2023
Found out how dramatically the cost of advertising at the Super Bowl has increased in our latest graphic.
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News briefs
Skechers to open new stores in Jerez and Valencia
Skechers is planning to open new stores in the Spanish cities of Jerez de la Frontera and Valencia this year, according to Palco23. The store in Jerez will have a surface area of 256 square meters while the one in Valencia, within the Bonaire Outlet shopping mall, will have a ...
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News briefs
Snipes now has a COO
Peter Buse has been appointed chief operating officer of Snipes, a new role at the Cologne-based sneaker and streetwear retailer. Most recently, Buse held the same role at Momox, from July 2019 to July 2022. He previously worked at Netrada, also as COO, and at Arvato as logistics manager. This ...
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News briefs
Under Armour announces three new brand stores in Britain
After reporting 33 percent growth in the EMEA region earlier this week, U.S. brand Under Armour (UA) has announced the opening of three new brand-owned stores in the U.K. over the next few months: Liverpool ONE, Liverpool: February Battersea Power Station, London: February Stratford Westfield, London: March ...
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News briefs
Decathlon signs Spanish mobility manifesto
Decathlon has signed the Manifesto for Active Mobility, one of four such documents put forth by a public-private joint partnership in Spain called (in translation) The Future of Mobility. (The other three concern multimodal mobility, urban logistics and electric mobility.) The objective is to decarbonize transport so as to “generate ...
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News briefs
Siux signs retail deal
Siux has reached a deal for the sale of its pádel racquets throughout Spain via Tennis-Point, according to CMDsport. At present the retail chain operates nine physical stores, located in the provinces of Madrid, Barcelona and Valencia. The largest is in Madrid, followed by the one in Alfafar (Valencia) and ...