• Article

    Amazon doesn’t owe any taxes in Europe

    2021-05-14T13:47:00Z

    Amazon EU has won an appeal to Europe’s General Court against a 2017 ruling by the European Commission that ordered it to pay €250 million in back taxes to the government of Luxembourg, which were considered as “illegal state aid.” The Commission reacted with a plea for an international ...

  • Amazon steps up counterfeit crackdown, blocks 10bn suspected listings
    Article

    Amazon steps up counterfeit crackdown, blocks 10bn suspected listings

    2021-05-14T12:28:00Z

    Amazon reports that it has stepped up its brand protection strategy in a bid to uphold its reputation as a dependable online marketplace amid growing numbers of counterfeiters and scammers attempting to sell products to home-bound consumers. The e-commerce giant said that last year it blocked more than ...

  • SGI Europe Executive Edition: Vol 32 - 19+20
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    SGI Europe Executive Edition: Vol 32 - 19+20

    2021-05-13T11:48:00Z

    Adidas upgrades its outlook | Reebok’s potential said to be high | Under Armour raises guidance | Zalando lifts guidance | New U.S. buy for Tennis-Point | New reports on On’s IPO | Korean firm buys TaylorMade | Champion targets sales of $3bn | Peloton sees hit from product recall | Recalls made easier in Europe | Boenke to run New Balance EMEA | Markus Hefter quits ISPO

  • Puma has a new marketing head for Europe
    News briefs

    Puma has a new marketing head for Europe

    2021-05-12T17:17:00Z

    Puma has made Benoît Menard its regional marketing manager for Europe. He will be working out of the Puma group’s headquarters in the Bavarian town of Herzogenaurach. Menard has been with the company since 2018, having previously spent five years with Adidas and another five with a ...

  • News briefs

    Amazon issues a maiden $1bn green bond

    2021-05-12T09:15:00Z

    Amazon raised $1 billion with the issuance of its first sustainability bond on May 10. The company says the proceeds will be used to invest in renewable energy, clean transport, sustainable buildings, affordable housing, and socioeconomic advancement and empowerment. The U.S.-based e-commerce giant has pledged to be carbon-free, on ...

  • News briefs

    Nike veteran to lead Amazon's live sports marketing

    2021-05-03T17:02:00Z

    Marc Patrick has been appointed global head of sports marketing for Amazon Prime Video . Patrick, who was most recently senior vice-president of marketing at Beyond Meat , previously spent two decades at Nike , where he served as head of brand marketing for golf, tennis, baseball, athletic training, ...

  • News briefs

    Amazon’s sales grew by 44% in Q1

    2021-04-30T17:15:00Z

    Beating estimates, Amazon ’s net sales jumped by 44 percent to $108.5 billion in the first quarter, driven by the ongoing online shopping boom caused by the Covid pandemic. Excluding a $2.1 billion favorable impact from changes in foreign exchange rates during the quarter, the revenue increase was limited at ...

  • SGI Europe Executive Edition: Vol 32 - 17+18
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    SGI Europe Executive Edition: Vol 32 - 17+18

    2021-04-29T14:10:00Z

    Puma starts 2021 with a bang | XXL gains market shares | Moody’s upgrades Amer | Shimano grows by 64.4% | Chinese firms post strong gains | Big jumps in China’s economy | Zalando widens pre-owned concept | Sportgreen, a new online platform | New lockdown rules in Germany | How are we dealing with Brexit?

  • Article

    The Hickies brand of no-tie shoelaces is for sale

    2021-04-21T15:28:00Z

    Acting in behalf of Midcap Funding XVII Trust , which is Hickies’ main lender, Hilco Streambank is seeking bids for the acquisition of the American brand of no-tie shoelaces and related assets on its website by May 20 at the latest, setting a date of May ...

  • SGI Europe Executive Edition: Vol 32 - 15+16
    PDF Newsletter

    SGI Europe Executive Edition: Vol 32 - 15+16

    2021-04-15T13:22:00Z

    Drop of 8% in Europe in 2020 | JD reports flattering results | Hervis to focus on four sports | Signa reportedly eyes IPO | StockX’ values rises to $3.6bn | Latest data on online retailing | Selfridges reopens with spinning | Consumers are ready to spend more | Alpine skiing falls sharply | Home fitness saves Technogym | Vietnam gets more self-sufficient | Foot Locker goes for sustainability