All Blue Tomato articles
-
ArticleZumiez shifts European strategy, reports FY23 loss on lower sales
Zumiez, the operator of Blue Tomato stores in Europe, is moving forward with a new strategy for the continent that will focus more on “enhancing the productivity of its existing business” across the region and less on aggressive store expansion, given the associated costs of opening new doors. “With ...
-
News briefsBlue Tomato expands presence in Italy: three new stores opened
After entering the Italian market with the opening of its very first store in Trento last May, Austria-based board sports and lifestyle specialist Blue Tomato, part of US-based Zumiez, has opened three more stores in Milan, Bergamo and Udine before the end of 2023. With over 850 employees and more ...
-
ArticleRefurbed expands into the second-hand sporting goods market
Founded in Vienna in 2017, the Refurbed scaleup has already established itself in seven European markets, including Austria, Germany, Sweden and Italy, by reselling reconditioned second-hand technology, especially computers, tablets and smartphones. At the end of 2022, the marketplace also began offering reconditioned city bikes and e-bikes in Germany, followed ...
-
News briefsZumiez updates quarter-to-date sales
Zumiez, the parent of the Blue Tomato retail chain, reported a 4.2 percent increase in international net sales, consisting of revenues generated in Europe and Australia, for the nine weeks ended Dec. 30. However, comparable international sales were down 4.2 percent for the period. Group sales fell by 6.6 percent ...
-
News briefsBlue Tomato expands “Rent Your Ride” rental service
Action sports and lifestyle retailer Blue Tomato is expanding its offer to rent selected products such as snowboards, splitboards, boots and bindings. As part of the “Blue Tomato Rent Your Ride” service, customers can obtain advice on the products in several stores in Germany and Austria and then rent them. ...
-
News briefsBelgium gets its first Blue Tomato retail store
Austrian board sports and lifestyle specialist Blue Tomato has opened its first store in Belgium. The 240-sqm shop is located in the center of Antwerp, on the historic Wiegstraat. Of the decision to open a store in Belgium, Tillmann Ruprecht, Director of Sales and Service at Blue Tomato, said: “Antwerp, ...
-
ArticleZumiez braces for FY loss despite higher Blue Tomato sales
Zumiez is now forecasting a full-year net loss and annual sales to fall more than 8 percent after reporting a net loss of $2.23 million against a profit of $6.9 million in Q3 ended Oct. 28. The operating loss was $157,000 against $10.4 million as gross margin contracted 70 basis ...
-
ArticleSnowboard brand Forum returns to Europe
Austrian board sports and lifestyle specialist Blue Tomato, part of the portfolio of US retailer Zumiez since 2012, is exclusively bringing the snowboards and snow and streetwear from US company Forum back to Europe. The brand went off the market in 2014 and relaunched exclusively online in 2022 in the ...
-
ArticleZumiez encouraged by some brands in Europe, private label growth
Zumiez, despite reporting a Q2 loss of $8.5 million against a profit of 3.1 million and an 11.6 percent drop in revenues to $194.4 million for the period ended July 29, remains encouraged by key elements of its overall business. Those include “a good trend line” heading into Q4, a ...
-
ArticleZumiez sales continue to slip as Europe, Australia outperform
Zumiez sales decreased by a reported 12.8 percent in the four weeks ended May 27 compared to the year earlier, continuing to trend downwards after its top line in the first quarter ended April 29 fell by 17.1 percent to $182.9 million. Management attributed the decrease to a challenging marketplace, ...
-
News briefsBlue Tomato enters Italian market
Source: Mattia Caravello (OUTBND SRL) Tiziano Taglianozzi, Shop Manager at the new Trento store Boardsports and lifestyle specialist Blue Tomato, part of U.S. company Zumiez since 2012, has opened its first store in Italy. The omnichannel chain opened a 250-sqm store last week on Via Paolo Oss-Mazzurana ...
-
ArticleZumiez remains positive on Europe as overall results slip
Zumiez, the operator of the Blue Tomato retail chain, is positive about its future in Europe despite losing unspecified millions of dollars in the region in 2022, where the banner’s total sales rose 8.8 percent to €126 million. All category sales were up in the region on a comparable basis, ...
-
News briefsZumiez Q4 results should meet or exceed forecast
Zumiez, the retail operator of 766 stores worldwide, including 78 Blue Tomato banners across Europe, expects its fourth-quarter sales will be slightly higher than its forecasted range of $258 to $268 million, with corresponding EPS to be at the “mid to high end” of its $0.36 to $0.51 forecasted per ...
-
News briefsBlue Tomato opens fourth store in the Netherlands
International boardsports and lifestyle specialist Blue Tomato is expanding its presence in the Netherlands with a fourth store. The company from Austria opened a new store in the “Spaarnestad” Haarlem just in time for the important shopping day Sinterklaas. The new store is located at Grote Houtstraat 96 and covers ...
-
ArticleCurrency, inflation weigh on Zumiez results
Zumiez, the global specialty retailer, which sees Europe, Australia, and Canada as its biggest growth areas, suffered a 74 percent drop in operating income to $10.4 million from $39.8 million for the second quarter that ended Oct. 29. Ebit was $9.6 million versus $41.2 million in the year-ago period as ...
-
News briefsBlue Tomato expands in Norway
Blue Tomato has opened a second Norwegian store, after the one in Oslo, in the city of Trondheim. A third is due to follow in Bergen, and there are plans for a store in Rovaniemi, Finland, as well. “Trondheim is located at the center of retail in central Norway and ...
-
ArticleZumiez adjusting assortments as customers seek value
Zumiez, the global specialty retailer that operates 70 Blue Tomato stores in Europe, suffered an 85 percent drop in second-quarter operating profit to $5.0 million from $32.0 million for the period ended July 30. Ebit was down by 83 percent to $5.5 million as net income came in 87 percent ...
-
News briefsBlue Tomato opens first store in Sweden
Boardsports and streetwear specialist Blue Tomato has chosen Gothenburg for its first Swedish shop. The 260-square-meter retail store is located at Vallgatan 34. Blue Tomato was founded in 1988 by Austrian snowboarder Gerfried Schuller and opened its first store in 1994. Since 2012, the company has been owned by U.S.-based ...
-
ArticleZumiez Q1 derailed by tough comparison, higher costs
Operating profit slipped 98.6 percent to $497,000 against $34.3 million for the period ended April 30, as turnover fell 20.9 percent to $220.7 million versus $279.1 million. The retail operator of 741 doors worldwide, including 69 in Europe under the Blue Tomato banner, reported a net loss of $397,000 against ...
-
News briefsBlue Tomato opens its 70th store
The Austrian board sports and lifestyle retail chain Blue Tomato has just opened its 70th shop. Currently, the company is running physical stores in Germany, Austria, Finland, Switzerland, the Netherlands and – since the end of 2021 – Norway. The newly opened 230 sqm Blue Tomato store is next to ...
