Latest News Briefs – Page 8
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News briefsZalando opens virtual fitting rooms as pilot for millions of customers
Zalando has opened its virtual fitting room to millions of customers across its 25 markets for the first time. The pilot is part of Zalando’s Size & Fit initiatives. Customers can create a 3D avatar by entering their height, weight and gender. For a selected range of jeans (22 items ...
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News briefsZalando to test fashion assistant powered by ChatGPT
European online fashion and lifestyle platform Zalando has announced that it will soon launch a beta version of a fashion assistant powered by ChatGPT across its web and app platforms. The OpenAI technology will allow customers to ask questions using their own words, helping them navigate Zalando’s assortment more intuitively. ...
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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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News briefsFor now, chain in Madrid to expand only online
The watchwords for this year at Deportes Halcón are recovery and stability. CMDsport has spoken with its director of finance and marketing, Sandra Benito, according to whom sales for first-quarter 2023 at the four-store chain in Madrid are more or less flat. “The market,” she says, “is not easy.” Suppliers ...
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News briefsAdidas among the top European cross-border e-commerce retailers
Brussels-based Cross-Border Commerce Europe (CBCommerce), the platform that stimulates cross-border e-commerce in Europe, has released the fifth edition of “TOP 500 Cross-Border Retail Europe,” a research paper that ranks the 500 strongest European players with a focus on cross-border performance. Adidas Group took the 10th spot in the latest edition ...
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News briefsBennett nominated as chairman of Zalando’s supervisory board
Zalando’s nomination committee has proposed a new composition of the supervisory board for the annual general meeting, which will be held virtually in Berlin on May 24, 2023. Current vice chairman Kelly Bennett, who has been a member of the board since 2019, would take over as chairman from Cristina ...
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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 briefsOn’s first Parisian store will be in the Latin Quarter
The first Parisian store of Swiss sportswear brand On will be located at 13 rue Clément, within the Marché Saint Germain, Sport Guide reported. The Marché Saint-Germain, in the heart of Paris’ sixth arrondissement, is a 19th-century market hall designed by one of Napoleon’s architects. The building underwent a major ...
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News briefsSnipes celebrates 25th anniversary with namesake Hollywood star
What was once a streetwear store in Cologne is now a global chain with nearly 700 stores around Europe and the U.S.: Snipes is celebrating its 25th anniversary and has brought its namesake Wesley Snipes on board to party. In a one-and-a-half-minute spot, the actor reviews the retailer’s development and ...
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News briefsFanatics acquires football retail business EPI, renames it Fanatics Italy
Fanatics, a leading global digital sports platform, announced the completion of its acquisition of EPI, an Italian sporting goods company that operates the official online and retail stores of several top Italian soccer clubs and international sports brands. Milan-based EPI, soon to be renamed Fanatics Italy, provides complete end-to-end e-commerce, ...
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News briefsAmazon releases Brand Protection Report
Amazon has released its third annual Brand Protection Report to highlight its own progress in four key areas: controls to protect its store; tools to protect brands; holding bad actors accountable; and protecting and educating customers. Of particular note for sporting goods companies, Amazon reports expanded brand protection tools for ...
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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 briefsDecathlon turnover rises 12%, beating IIC’s 2022 results
French sporting goods retailer and manufacturer Decathlon continued its global growth in 2022. Despite an “unstable global economic and geopolitical context,” according to CEO Barbara Martin Coppola, turnover rose by 12 percent compared to 2021 to €15.4 billion. Online sales now account for 17 percent of the total turnover (after ...
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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 briefsUnder Armour opens new brand house in London
Under Armour has announced the opening of a new Brand House at Westfield Stratford City in London. This comes after the company reported a significant growth in the EMEA region in the third quarter of FY23. The company’s quarterly sales increased 32 percent (46% in constant currency). The deal is ...
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News briefsJD.com to spin off industrial and real estate units
Inside Retail Asia reports that Chinese e-commerce company JD.com plans to spin off its real estate and industrial units and list them on the Hong Kong Stock Exchange. In 2017, the Beijing-based company spun off its logistics unit into a separate entity and then opened its delivery and warehousing services ...
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News briefsAlibaba continues global digital talent program with global conference
The Alibaba Group has continued its global digital talent (DGT) program, an initiative to promote academic exchanges and talent incubation for global digital transformation and inclusive development. The first hybrid conference since the pandemic brought together representatives of Alibaba’s global partner educational institutions, showcasing the learnings and achievements of the ...
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News briefsTech company for shoe fitting secures €14 million in funding
SafeSize, the tech company that helps consumers find the perfect fitting shoes in physical and online stores, has raised €14 million in Series B funding, with the participation of Phaistos Investment Fund as well as existing investors Convent Capital and 3TS Capital Partners. SafeSize will use this capital to expand ...
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News briefsAlibaba to be divided into 6 business units
Alibaba will split into six business units that will have the right to raise funds independently and be listed. The restructuring aims to make the group “more agile, shorten decision-making links and respond faster,” Daniel Zhang, chairman and chief executive, wrote in a letter to staff. The six units will ...
