All Consumer articles – Page 2
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News briefs
Conference Board: Big drop in global consumer confidence
Global consumer confidence fell at a record pace between April and June because of the Covid-19 pandemic according to the Conference Board. Its consumer attitudes index plunged from a solid optimistic 106 at the beginning of the year to a pessimistic 92 (anything above 100 is considered positive). The market ...
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News briefs
On partners with consumer electronics company on running kit
On Running and the Danish consumer electronics company Bang & Olufsen have jointly released a running kit, combining the Swiss sporting goods company’s Cloudboom shoe with a limited edition of Bang & Olufsen’s first wireless earphones, the Beoplay E8 Sport On Edition. The Beoplay earphones are made of rubber, textured ...
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News briefs
Decathlon Germany passes on VAT cuts directly to consumers
In view of the decision by the German government to reduce the value-added tax from 19 to 16 percent for certain products and from 7 to 5 percent for others from July 1, the sporting goods retailer and manufacturer Decathlon Germany declared that it will pass on the tax benefits ...
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Trend ReportsWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption, and WGSN has set out to predict what consumers will be looking for in the next couple of years.
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News briefs
UA reassessing its wholesale and direct-to-consumer strategy in Russia
Under Armour is reassessing its wholesale and direct-to-consumer strategy in Russia, where it intends to be an active player, following the liquidation of Vostokinvest, with which it signed a non-exclusive distribution and franchising agreement in 2017. By the end of 2018, the company had opened 16 Under Armour stores in ...
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ArticleIspo Group activates end consumers
With the third Sports Week scheduled to take place from Saturday, Jan 25, to Saturday, Feb 1, 2020, the Ispo Group is again organizing a series of activities and events in Munich and the surrounding area in connection with this year’s Ispo Munich trade show. In keeping with the motto ...
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News briefs
Swiss import duties on various consumer goods could be abolished...
Swiss import duties on various consumer goods could be abolished in the future. If Parliament gives its approval, the plan will come into force in 2022. The abolition of tariffs on a number of industrial products, including bicycles, clothing and health products as well as some raw materials and semi-finished ...
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News briefs
With an eye to both its direct-to-consumer and retail channels,...
With an eye to both its direct-to-consumer and retail channels, Rossignol Group North America has overhauled its management for apparel and retail operations in the U.S. and Canada. Devon Cruickshank, general manager and vice president of apparel, has relocated to the group's North American headquarters in Park City, Utah. He ...
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News briefs
Nike has made another acquisition to boost its consumer-direct initiative....
Nike has made another acquisition to boost its consumer-direct initiative. After taking over a data analytics firm, Zodiac, and a developer of body-scanning technology, Invertex, it has acquired Celect, an American company that uses artificial intelligence to analyze retail data and predict future consumer purchases and the related allocations of ...
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News briefs
Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has...
Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has announced that his company should be delivering packages with drones “within months.” Speaking at Re:Mars – the e-tail behemoth's conference on machine learning, automation, robotics and space, held on June 4-7 in Las Vegas – Wilke said that Amazon's latest ...
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News briefs
Shimano has opened a sort of testing ground for consumers...
Shimano has opened a sort of testing ground for consumers in Valkenburg, in the Limburg province of the Netherlands. The so-called Shimano Experience Centre offers a fishing lake, a 100-room hotel, a fitness center, a product showcase, conference rooms and a food court. It is open to the public seven ...
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Article
Dorel Sports’ results impacted by slower than expected holiday consumer demand
Dorel Industries reported that fourth quarter revenues in its Dorel Sports segment were down by 1.7 percent to US$232.7 million, but grew by around 2.6 percent after excluding the negative impact of varying foreign exchange rates and the divestments of the Sugoi and Sombrio brands in the second quarter of ...
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Article
Adidas and Foot Locker call on consumers to design shoes
Adidas and Foot Locker are collaborating on a go-to-market plan that allows consumers to help create footwear with a local flavor. The plan takes inspiration from three themes: speed, cities and the open-source ideal of the computing world, where the raw code is public, free and open to changes by ...
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News briefs
VF Corp. is making available to consumers the « sourcing maps »...
VF Corp. is making available to consumers the « sourcing maps » for ten of its brands' most iconic products. The sourcing maps, which can be viewed on VF's sustainability website, are meant to ensure transparency about every step in the production of VF's apparel and footwear. The interactive maps show the ...
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News briefs
Scott Sports is warning consumers of the proliferation of fraudulent...
Scott Sports is warning consumers of the proliferation of fraudulent online stores, which typically offer promising discounts of up to 80 percent and more on Scott bikes. Consumers are often led to these sites by sponsored ads. The company is reminding buyers of the risk of making payments on these ...
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Article
Nike buys into consumer analytics, Edwards quits
While reporting its quarter results last Friday (see the next story in this issue), Nike announced that it has taken over Zodiac, a consumer data analytics firm operating out of New York and Philadelphia. The acquisition is meant to add to Nike's resources in terms of consumer data and analytics, ...
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Article
Moncler’s new strategy targets fickle consumers
Moncler has announced a new and speedier strategy, dubbed Moncler Genius, which will see the brand's collections follow the pace of younger and more fickle consumers. The brand will now collaborate with eight new guest designers on monthly collections, for men and women, of its jackets, knitwear and accessories. Instead ...
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Short stops
Mammut has launched a new transactional website for consumers in...
Mammut has launched a new transactional website for consumers in the U.K.
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Short stops
Mammut has launched a new transactional website for consumers in...
Mammut has launched a new transactional website for consumers in the U.K.
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Short stops
Mammut has launched a new transactional website for consumers in...
Mammut has launched a new transactional website for consumers in the U.K.
