All Switzerland articles
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Article
Sport 2000 GmbH with stable development in 2023
The consolidated gross external sales of the Sport 2000 5-country network amounted to €2.95 billion in Germany in 2023. The purchasing network comprising Germany, Switzerland, Belgium, the Netherlands and Luxembourg amounted to €4.03 billion. Due to restrained order behavior and the insolvency of some sports retailers, the purchasing volume fell ...
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News briefs
New Country Manager for POC in Switzerland
Source: POC Jessica Negele POC, the Swedish manufacturer of ski and cycling helmets, goggles, protection and apparel, is optimizing its management structure in Switzerland. Jessica Negele, previously head of POC’s sales activities in Germany, has additionally taken over the position of Country Manager Switzerland on Jan. 1, ...
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News briefs
Smith has a new partner in Switzerland
US goggle and helmets brand Smith has announced a strategic partnership with Spoco, who is to be its sole sales agency of record for the Swiss territory. As part of Smith’s ongoing efforts to expand market share and grow brand presence within the heart of Europe, the partnership with Spoco ...
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Article
Sweet Protection and Kari Traa are realigning in Central Europe
The Norwegian sportswear and equipment company Active Brands is realigning its activities in Central Europe. The focus is on the two main brands Sweet Protection and Kari Traa in the DACH (Germany, Austria and Switzerland) market. The aim of Active Brands’ reorganization is to offer existing and new retail partners ...
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News briefs
Switzerland seeking to host a decentralized Winter Olympics
On Oct. 18, the Swiss Olympic Committee released a feasibility study to introduce a country-wide proposal to host two consecutive Winter Olympic and Paralympic Games. The study follows by about a week an announcement by the International Olympic Committee (IOC), as we’ve just reported, that even fewer cities have the ...
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Article
Bank merger: UBS completes acquisition of Credit Suisse
UBS, the major Swiss bank headquartered in Zurich and Basel, completed the emergency takeover of Credit Suisse on June 12. The acquisition ”marks the beginning of a new, historic chapter,“ UBS Group wrote in a press release. Swiss authorities arranged the disputed emergency bailout of Credit Suisse by UBS for ...
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News briefs
Kettler expands home fitness equipment rental service
Kettler Sport now offers its “Rent a Kettler” service in Switzerland and Liechtenstein. The service was first introduced in Germany in November of last year. For Switzerland and Liechtenstein, the fitness company is cooperating with RNTL, which has specialized in the logistics and organization of similar rental services since 2020. ...
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Article
DACH market: Germany with the lowest purchasing power, says GfK
With a total of €49,592, the people of Switzerland have significantly higher per capita purchasing power in 2023 than the inhabitants of their neighboring countries, Austria and Germany. Austrians have €26,671 per capita available for spending this year, while Germans have €26,271. This means that Germany now comes last in ...
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Article
Sport 2000 reports another record year
Sport 2000 reports it has continued its growth trajectory of recent years, ending 2022 with earnings that surpass the historic 2021 record.
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News briefs
Intersport launches Alpine store concept in Crans Montana
Intersport Switzerland has partnered with Mood Media and LG to equip its new Alpine store concept in Crans-Montana with the latest audiovisual retail technology. The high-tech upgrade is visible as soon as you enter the store. In the shop window, Mood Media, an experiential media company based in the U.K., ...
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Article
Absolute Teamsport continues to expand
After 17 more stores joined Sport 2000’s premium concept for teamsport specialists in 2022 (bringing the current total in Europe to 23 Absolute Teamsport stores in 6 countries), the pace of expansion is set to continue in the new year: Sport 2000 says it plans to have 35 stores under ...
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News briefs
Indigo and St. Moritz enter new partnership
Source: Indigo Indigo x St. Moritz Munich-based premium ski label Indigo, owned by Head since late 2020, and ski destination St. Moritz are entering into a new partnership, for which Indigo has specially developed a collection of select licensed products, discreetly co-branded “Indigo x St. Moritz.” Sales ...
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News briefs
UYN takes over distribution in Switzerland on April 1
As of April 1, 2023, sales of the Italian technical sportswear brand UYN in Switzerland and Liechtenstein will be organized directly through a UYN country subsidiary, Tre Distribution AG, as in the neighboring countries. Until March 31, 2023, Fuchs-Movesa AG will still accept pre-orders for the winter collection 23/24 and ...
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News briefs
Rossignol launches new multi-brand mountain sports store concept
Rossignol Group has announced the opening of its “Start Gate” stores in Bex (Switzerland) and Bromont (Canada). The stores offer customers products from the group’s brands in a single location, alongside specialist technical and customization services. The group’s portfolio includes the brands Rossignol, Dynastar, Lange, Look, Kerma and Risport. The ...
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News briefs
Swiss consumer sentiment at record low
Consumer sentiment in Switzerland has continued to decline, falling to -46.6 points in October from -41.7 in July and reaching its lowest level since the consumer survey began in 1972, according to the State Secretariat for Economic Affairs. The decline comes amid high inflation and cloudy economic prospects, although perceptions ...
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News briefs
On opens new global headquarters and flagship store
The Swiss company On opened its new campus and global headquarters named On Labs, located in Zurich and offering space for roughly 1,000 employees (to date filled with the On staff of 700). Also, part of the building with a total size of 15,000 sqm is Europe’s first On flagship ...
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Infographics & Data
Inflation rates in the G20
This exclusive interactive chart shows inflation rates for June and July 2022 for all members of the G20. The chart can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefs
On products more expensive in Switzerland
According to a media report, products from the Swiss running shoe manufacturer On are significantly more expensive in web stores in Switzerland than elsewhere. The price markups range from 15 to 51 percent, as evaluated by the “Sonntagszeitung” newspaper. The company admitted to the newspaper that prices vary in different ...
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News briefs
X-Technology takes over Swiss distribution of X-Socks
Wollerau-based X-Technology Swiss Research & Development AG, which company founder Bodo Lambertz had sold to Swiss investors in November 2021, will take over distribution of the X-Socks brand in Switzerland from Lowa Schuhe AG as of January 1, 2023. This step consolidates and strengthens the distribution of the X-Bionic and ...
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Article
Swiss sports market with record growth in 2021
According to GfK Switzerland, the Swiss sports market (excluding bicycles), like other non-food markets, benefited from the pandemic and recorded a 14 percent increase in growth to just under 2 billion Swiss francs, thus reaching record levels. For once, all sectors contributed to the double-digit sales growth: Hardware with +11 ...