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Inside Canada Goose’s journey to reconnect with nature
Brand platform “Natural Intelligence” spotlights tornado chasers and outdoor adventures to reconnect the brand and its audience to the natural world.
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Walmart, Wing launch drone delivery service in Florida
The offering, which will cover five Orlando-area stores, is part of an expanding partnership between the two companies.
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Retrieved from Digital Brands Group on January 03, 2024
Digital Brands Group considers sale, merger
The apparel conglomerate is undergoing a strategic review and has retained financial advisers.
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Rare Beauty draws inspiration from Greek mythology for global campaign
The Selena Gomez-founded cosmetics brand’s new effort around its second fragrance spans social, out-of-home, retail and paid digital.
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American Eagle Outfitters to open $41M North Carolina distribution center
The facility, which will service the Southeastern U.S., is expected to start operations in early 2027 and create over 200 jobs.
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NRF finds shoplifting stabilizing as online fraud grows
Phone and gift card scams, plus supply chain vulnerabilities like cargo theft, are top concerns for loss prevention specialists at over 60 major retailers, according to a report Thursday.
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Crocs tops $1B in quarterly revenue for the first time
Heydude continues to struggle, with a nearly 6% drop in revenue, and wholesale declined at both brands.
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Amazon to add supply chain facilities in New York, Texas
The e-commerce giant is in the early stages of building a distribution center in the Lone Star State while prepping a Long Island operations site.
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Kohl’s board chair exits
John Schlifske announced his retirement and director Wendy Arlin has stepped into the role.
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Amazon Prime Day details elusive as AWS takes centerstage
The company’s Q2 online store net sales grew 15%, but Amazon has pared back the public release of details on how the major sales event fared.
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Adidas apparel outshines footwear during World Cup quarter
The brand — which also announced a CFO transition — saw apparel net sales jump 34% in the second quarter.
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1 in 4 dollars spent on AI goes to waste
More than half of businesses lack a dedicated owner for AI costs, which can lead to overspend, according to a Harness report.
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Kohl’s debuts AI shopping assistant
What started as a Mother’s Day Gift Finder has evolved into a digital shopping assistant that aids with product discovery.
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Shein’s US ambitions hindered by FTC investigation, tariffs
The global e-commerce giant disclosed the investigation as it preps for a Hong Kong IPO and also noted it has been bumping prices to tackle tariff costs.
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New Jersey bans dynamic pricing
The legislation also puts a one-year pause on the new adoption of electronic shelf labels by retailers while the state studies the tech.
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Vans needs a good back-to-school season more than ever
With another quarter of declines at the skate-shoe brand, it was up to The North Face and Timberland to help owner VF Corp. beat Q1 expectations.
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Retrieved from Digital Brands Group on January 03, 2024
ColumnThe Weekly Closeout: Digital Brands Group enacts reverse stock split, gas prices up again
The company will implement a 1-for-40 split to comply with Nasdaq rules, and this week's $100-per-barrel price on oil poses a risk to household budgets.
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Bark names CFO
Anya Hamill comes with more than 20 years of financial leadership experience across public and private CPG companies.
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Back-to-school shoppers will prioritize essentials over apparel
Clothing buys will be spread out over the school year, while sporting goods are increasingly considered essential, according to two reports.
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Sephora names 12 beauty brands to accelerator cohort
Now in its 10th year, Sephora Accelerate aims to support the next generation of cosmetic, skin care, hair care and fragrance brands.
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Dollar General opens call for small business vendors
The discount retailer is inviting eligible businesses to explore potential partnership opportunities and access training and funding resources.
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From Yamal to the mall: How American Eagle is going back to school
Chief Marketing Officer Craig Brommers details the retailer’s extensive marketing for the crucial season, which kicks off days after global ambassador Lamine Yamal and his team won World Cup gold.
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Brand licensing firm snaps up DTC intimates brand Cosabella
Crown Brands Group also acquired lingerie brand Hanky Panky late last year and aims to buy more companies, including in other categories.
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David’s Bridal debuts outlet shop-in-shop concept
An existing store in McAllen, Texas, is the first to launch the hybrid experience, which features full-price merchandise alongside discounted apparel.
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Deep Dive
Gap makes a fine mesh out of its ‘Happy Stripe’ remake
A polyester take on a vintage sweater design got plenty of backlash on social media, but the stumble won’t likely stall the brand’s comeback.