More consumer news – Page 18
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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.
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
