All Consumer articles – Page 3
-
News briefs
More than 30,000 visitors - mostly consumers - attended the...
More than 30,000 visitors - mostly consumers - attended the Bread & Butter fashion festival in Berlin on Sept. 1-3. Sport and streetwear were a big theme with brands such as Adidas, Asics, Fila, Nike, Puma, Reebok and Converse. Many gave presents to the visitors. High-intensity workouts with celebrities were ...
-
News briefs
Consumer demand for the new Louis Vuitton collection co-branded with...
Consumer demand for the new Louis Vuitton collection co-branded with Supreme was so hot that the brand decided to stop selling it at pop-up shops in Paris and Tokyo. A pop-up shop in New York never opened due to the opposition of the local community. The collection was eventually offered ...
-
Article
U.S. consumers prefer to buy Nike on Amazon than Foot Locker
Surprisingly, U.S. consumers preferred to buy Nike products on Amazon than at Foot Locker stores in the first half of this year. According to a new survey conducted by UBS among 1,000 American consumers, their preference for Amazon rose to 13 percent of the sample during the period from 10 ...
-
Article
Nike launches a new consumer-direct strategy, staff cuts
Nike says it will reduce its staff by about 2 percent, as part of a reorganization aiming to accelerate its business and to target urban consumers more directly. Since Nike reported more than 70,000 employees at the end of its last full fiscal year, the cuts would affect about 1,400 ...
-
News briefs
Canada Goose told investors at the recent Baird Global Consumer,...
Canada Goose told investors at the recent Baird Global Consumer, Technology & Services Conference that it is planning to have no more than 20 physical stores in place by 2020 because its business is still largely seasonal, but as previously reported, it is investing heavily in e-commerce, particularly now in ...
-
News briefs
Bread & Butter, the three-day consumer-oriented style and culture festival...
Bread & Butter, the three-day consumer-oriented style and culture festival held in Berlin, Germany, will expand this year to feature more than 40 brands, up from 25 at its first new-style session last year. Adidas, Converse, Fila, Nike, Puma, Reebok and Vans will be among the brands displaying their products ...
-
Article
Nike doubles down on product innovation and consumer connections
The Nike group wants to double the speed of its supply chain and innovation while doubling its direct connections with consumers, the company told investors on a call about its results for the three months until the end of February.As reported below, the Nike group's sales rise for the third ...
-
News briefs
The Norwegian Consumer Ombudsman has ordered Anton Sport, the Norwegian...
The Norwegian Consumer Ombudsman has ordered Anton Sport, the Norwegian high-end sporting goods retailer, to pay a fine of 800,000 Norwegian krone (€88,482.8-$97,763.4) for breach of marketing laws. According to a local newspaper, Dagens Næringsliv (DN), the reason for the penalty was that the chain announced a 20 percent discount ...
-
News briefs
Noting that consumer confidence is improving in Japan, Himaraya is...
Noting that consumer confidence is improving in Japan, Himaraya is predicting increases in its current financial year of 5 percent in sales, 9 percent in operating income and 13 percent in net profit. For the financial year ended Aug. 31, the Japanese sporting goods retailer has reported a 44 percent ...
-
Article
Zalando cancels B&B consumer festival
As we previously reported, the big Berlin-based e-tailer bought the bankrupt Bread & Butter trade show in the former Tempelhof airport of the German capital a few months ago, saying that it was planning to turn the event into a big consumer-oriented fashion festival. It has now announced the cancellation ...
-
Article
Eurobike to add one more consumer day
Eurobike will add a second day open to the public in 2016, in view of the European consumers' growing interest in bicycles. Messe Friedrichshafen, which organizes the trade show, made the announcement on Aug. 29, at the closing of this year's edition. In 2016 the event will be held from ...
-
Article
European consumers spent 4% more on sporting goods in 2014
The Western European sporting goods market recovered in 2014, rising by 3.8 percent in local currencies after declining by 0.9 percent in the previous year, based on our annual, exclusive analysis of the evolution of sports retailing in 15 major countries. In euros, consumption rose by 4.0 percent to €56.1 ...
-
News briefs
Compex has won the European Consumers Award 2015 for Fit...
Compex has won the European Consumers Award 2015 for Fit 5.0 electric muscle stimulator. Released by the Swiss company last November, it is the first wireless fitness device of the kind that uses a unique “muscle intelligence” technology to adapt to each muscle. It is easy to carry around.
-
News briefs
Trocathlon, a bi-annual event that allows French consumers to sell...
Trocathlon, a bi-annual event that allows French consumers to sell old sports products to other customers at Décathlon stores, has turned into a permanent market. The French sports retailer has set up an online platform at trocathlon.fr this month that will enable consumers to do the same all year around. ...
-
Article
Adidas will adopt a more consumer-focused approach
Adidas managers said the new focus on consumers will be facilitated by the reorganization of the management structure that was implemented last year, dismantling the previously function-driven organization and giving full responsibility to the managers of each sports category.The group's investments to engage end consumers are to focus on six ...
-
Article
Ecco aims to sell 50% directly to the consumer
After three years of controlled growth and investments in its production facilities, Ecco says it is changing to a “more expansive” strategy. It wants to do so notably by strengthening its women's collections and by investing heavily in direct-to-consumer distribution, which is set to represent 50 percent of sales by ...
-
News briefs
Adidas and New Balance have joined the Consumer Electronics Association...
Adidas and New Balance have joined the Consumer Electronics Association (Cea), the trade organization for the consumer electronics industry in the U.S. The two sports firms are among the companies who have recently joined Cea as connectivity quickly expands into the fitness, smart watch and wearables categories. Smart watches and ...
-
Short stops
Italy's Casa Editrice Scode has placed its consumer-oriented ski magazine,...
Italy's Casa Editrice Scode has placed its consumer-oriented ski magazine, Sci, into liquidation
-
News briefs
The Australian Competition and Consumer Commission has issued a fine...
The Australian Competition and Consumer Commission has issued a fine of 350,000 Australian dollars (€244,909-$306,204) against Reebok, charging the brand with false and misleading representations about the benefits of its EasyTone range of shoes. It has also ordered the brand to refund customers A$35 (€24.49-$30.64) for each pair of EasyTone ...
-
News briefs
Décathlon is the world's fifth largest consumer of organic cotton....
Décathlon is the world's fifth largest consumer of organic cotton. According to the global ranking published each year by TextileExchange, the non-profit organization committed to the responsible expansion of textile sustainability across the global textile value chain, Décathlon has made its first ever appearance in the ranking, coming in behind ...
