All Marketplaces & E-tailers articles – Page 3
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ArticleWeSports relaunches Keller Sports, enters partnership with Footway Group
WeSports has completed the acquisition of the trademarks, e-commerce platform and customer database of Keller Sports and KellerX. Facing financial challenges due to the impact of Covid-19, the German Keller Group – then the parent company of Keller Sports, Keller X, Keller Premium and Keller Smiles – filed for insolvency ...
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News briefsSneaker resale marketplace Laced raises $12 million
UK-based sneaker resale platform Laced has secured $12 million in Series A funding on the same day it unveiled its new visual identity. The e-commerce site features the latest collections from several well-known brands, including Nike, Jordan, Adidas and New Balance. Founded in London in 2018, Laced facilitates the sale ...
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News briefsDecathlon Sports Marketplace cooperates with Puma
At the end of 2020, Decathlon opened its website to other brands. The new online business model, “Decathlon Sports Marketplace,” has since offered brands and partners the opportunity to add their products online to Decathlon’s existing retail offering. In doing so, Decathlon aims not only to offer its partners a ...
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News briefseBay acquires Italian tech firm Certilogo
eBay has announced the signing of a definitive agreement to acquire Certilogo, an Italy-based provider of digital IDs and authentication for apparel and fashion products. Financial details of the transaction were not disclosed. The transaction is expected to close in the third quarter, subject to regulatory approval. The acquisition is ...
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ArticleAlibaba misses revenue forecast
China’s Alibaba Group reported that its revenue had missed the forecasts for its Q4. The company is struggling to attract new users as the Chinese e-commerce market matures and new competitors chip away at market share. Alibaba posted revenue of 208.2 billion yuan renminbi (€27.5bn) in the three months ended ...
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News briefseBay launches a “certified by brand” program
eBay has announced the launch of a new “Certified by Brand” program for brands and buyers located in the US, partnering directly with brands to scale their presence in the secondary market. Through the program, new, certified pre-owned, limited-edition or exclusive-only-on-eBay inventory will be available. The move is designed to ...
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News briefseBay UK launches Carbon Academy with ClimatePartner
eBay UK has launched the Carbon Academy, an interactive and self-paced learning program developed in partnership with ClimatePartner. The tool is designed to help sellers engage in climate action while taking advantage of opportunities that arise from environmentally conscious behavior. Through the Carbon Academy, eBay UK sellers can learn ...
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ArticleGoogle tests product search optimization with generative AI
In a test, Google is using next-generation artificial intelligence (AI) to help consumers find products online. The pilot is currently underway in Search Labs, Google’s program where consumers can sign up to test new products and ideas the company is working on. Participants can try out some early-stage experiments and ...
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News briefseBay Ventures invests in U.S. marketplace for new and used sporting goods
SidelineSwap, a U.S. online marketplace for new and used sporting goods, today announced a strategic investment from eBay Ventures, the corporate venture arm of eBay Inc. Founded in 2015, SidelineSwap enables the resale of sporting goods through both its peer-to-peer online marketplace and its trade-in partnerships with retailers and brands. ...
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ArticleKlarna launches resale function and more to mark 18th anniversary
Payment and shopping service provider Klarna has unveiled a number of new innovations on the occasion of its 18th anniversary. The new products include the new Klarna app and smart shopping features that help consumers find and resell the perfect items. With the Klarna app’s new AI-driven shopping feed, consumers ...
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News briefsFarfetch hires new CMO
Farfetch, an Internet platform for luxury goods, announced that Nick Tran has joined the company as chief marketing officer. Tran will be based in London and will report to chief marketplace officer, Edward Sabbagh, and will oversee all global marketing functions for Farfetch Marketplaces. Tran brings more than 20 years ...
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ArticleAmazon puts the moves on France
In the Pixar movie of the same name, a Provençal dish called ratatouille serves to save the soul of a crotchety old food critic in France. The stewed vegetables produce an epiphany, hitting the critic like the madeleine hit Proust, and transport him back “in search of lost time” or ...
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ArticleFootway sees sales drop in Q1, but grows internationally
Several Swedish media outlets have reported on Footway Group’s first-quarter figures, which show that the Swedish e-commerce group’s sales fell 7.9 percent year-on-year to SEK 215.9 million (€19.08m). Operating profit (Ebitda) for the quarter was SEK -24.5 million (-€2.17m), an improvement from SEK -71.2 million a year earlier. According to ...
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ArticleSportmaster prepares for debut on Uzbek market
Russian press reports that sporting goods retailer Sportmaster plans to open its first outlet in Uzbekistan in Tashkent, the country’s capital, citing a source in the Uzbek retail industry. This is the second time Sportmaster wants to emerge in the Uzbek market. In March 2020, the company signed three rental ...
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News briefsBrands4friends to be shut down this June
After Keller Sports, another online pure player is disappearing from the market: As of June 30, the Berlin-based shopping club Brands4friends is quitting operations. According to a report in Internet World, employees were informed about this in a letter from a lawyer. The Brands4Friends shopping club was established in 2007 ...
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News briefseBay and Hatch Enterprise unveil U.K.-based Sneaker Academy
eBay is teaming up with Hatch Enterprise, a London-based entrepreneur accelerator, to launch the Sneaker Academy, a program designed to help young people turn their passion for sneakers into their own online business. The free 14-week program, targeted at young sneakerheads from under-served communities, hopes to transform reselling passion projects ...
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News briefsAmazon marketplace far ahead of the competition worldwide
Amazon’s marketplace receives four times as many annual visitors (4.810 billion) as its nearest competitor in the field of third-party sales, eBay, according to Diffusion Sport, which has reviewed several figures from Statista. In fact, the Amazon marketplace’s visitor total is higher than that of its ten biggest competitors combined. ...
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News briefsZalando plans to reduce its brand portfolio
Zalando is planning to scale down its global brand assortment in order to increase the relevance of its assortment. “In the beginning, Zalando was all about unlimited choice. This was a bold vision. And for a long time, this assortment span was one of our strongest selling points and exactly ...
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News briefsNew general manager at eBay U.K.
Source: eBay Eve Williams eBay has promoted Eve Williams to vice president, general manager of its U.K. business. She joined eBay in December 2020 as chief marketing officer for the U.K., leading campaigns such as eBay’s fashion partnership with Love Island, the revival of the MTV ...
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ArticleRussia has seen sharp decline in sporting goods sales in 2022, new survey shows
After the departure of the key foreign brands, including Nike, Adidas, Reebok and Decathlon, from the country, Russian sporting goods experienced a 40 percent drop in sales in monetary terms in 2022 compared with the previous year, a survey conducted by Tinkoff Data, a consulting branch of a local privately-owned ...
