• 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

  • Article

    Zalando lifts FY guidance after sales jump by 47%

    2021-05-06T16:30:00Z

    Zalando once again hiked its sales and profit forecasts for 2021 after its revenues jumped in the first quarter by 46.8 percent to €2,238 million, marking the company’s strongest growth since it went public in 2014. To keep up with the pace of expected future growth, the fashion-oriented ...

  • 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?

  • News briefs

    Zalando expands its loyalty program with early access

    2021-04-29T10:37:00Z

    Zalando is adding what it calls “assortment-related benefits” to its loyalty program, Zalando Plus . The first is Plus Early Access, which, as the name suggests, provides program members – initially in Germany – with early access to new products. And the first product being offered under the new ...

  • Zalando's pre-owned service now reaches 13 countries
    Article

    Zalando's pre-owned service now reaches 13 countries

    2021-04-22T16:55:00Z

    On April 22, Zalando extended its service selling second-hand garments to seven additional European countries: Austria, the Czech Republic, Denmark, Finland, Ireland, Italy and Sweden. In October 2020, Zalando launched the “pre-owned” platform in six countries: Germany, Spain, Poland, France, Belgium, and the Netherlands. Torben Hansen , vice ...

  • News briefs

    Zalando’s GMV jumped by over 50% in Q1

    2021-04-21T16:29:00Z

    Zalando indicates that its first-quarter results will be higher than projected by financial analysts thanks to a relatively strong start to the spring/summer season and a relatively low return rate. Based on preliminary data, the gross merchandise volume (GMV) went up by between 54.5 and 56.5 percent during the ...

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

  • Reportedly planning to go public, Signa Sports United boosts management
    Article

    Reportedly planning to go public, Signa Sports United boosts management

    2021-04-09T17:13:00Z

    Signa Sports United (SSU) , the online sporting goods retailing group controlled by Signa Retail , is in talks to go public through a merger with a blank-check SPAC company, Reuters reported. Quoting “two people familiar with the matter,” the news agency says the company is in preliminary talks ...

  • Short stops

    E-COMMERCE & DTC

    2021-04-01T15:56:00Z

    +++ Zalando plans to invest €50 million on its Connected Retail platform this year, with a large part of it used to finance its newly implemented extension to France +++ Working through a Kendal-based retailer, Pete Blend Sports, Inov-8 will open its first mono-brand store, called The ...

  • SGI Europe Executive Edition: Vol 32 - 13+14
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    SGI Europe Executive Edition: Vol 32 - 13+14

    2021-04-01T14:46:00Z

    Industry stocks rise by 10.9% | Strong China gains help Nike | Nautilus will focus on two brands | Lululemon creates regions | Fila declines, except in China | Possible relief for sports retailers | EuroSIMA and UCI join forces | Zoppas returns to Tecnica as CEO | ISPO works on B2B fitness show | Reactions to Myanmar violence | Reactions to forced China labor | How to reduce logistic costs