DTC
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Courtesy of Kismet
John Legend and Chrissy Teigen launch Kismet pet brand
The celebrity couple said the brand offers high quality pet food, lifestyle goods and content.
By Suzette Parmley • May 6, 2024 -
Courtesy of Oura Ring
Wholesale remains most profitable investment channel for brands: report
The channel, which is expected to grow 51% this year, accounts for about 60% of companies’ total sales, according to a recent NuOrder report.
By Suzette Parmley • May 6, 2024 -
Trendline
Top 5 stories from Retail Dive
Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs.
By Retail Dive staff -
Courtesy of Azazie
DTC bridal brand Azazie opens first physical location
Azazie Studio is closed to the public and will be used to host private events, bridal celebrations, style and influencer appointments, gifting suites and more.
By Howard Ruben • May 6, 2024 -
Courtesy of Olaplex
Olaplex reports Q1 sales declines across all channels
The hair care company’s overall sales fell 13.1%, with its DTC segment down almost 16%, while net income dropped 63% compared to last year.
By Howard Ruben • May 3, 2024 -
Courtesy of Poppi
Healthy soda brand Poppi denies being M&A target of large beverage companies
The drink, introduced in March 2020, is posting triple-digit growth as it benefits from surging consumer interest in better-for-you offerings.
By Christopher Doering • May 3, 2024 -
Caroline Jansen/Retail Dive
Wayfair net sales fall 1.6% in Q1
Despite challenges across the home goods category, executives remained optimistic that demand will return.
By Caroline Jansen • May 3, 2024 -
Column
The Weekly Closeout: Boscia plans to shutter website and L’Occitane takes steps to go private
The clean skin care brand said it will close its website on May 31, while the beauty brand’s chairperson, Reinold Geiger, launched a buyout bid.
By Retail Dive Staff • May 3, 2024 -
Kevin Dietsch / Staff via Getty Images
Peloton lays off 15% of global workforce as CEO Barry McCarthy exits
The staff reductions impact about 400 employees and come as the fitness company faces declining sales and members.
By Caroline Jansen • May 2, 2024 -
Permission granted by Hanna Andersson
Hanna Andersson taps Apple vet as chief brand officer
Grace Wong, who also worked at Gap, will lead creative development at the children’s brand and produce content across the company’s platforms.
By Howard Ruben • May 2, 2024 -
Natalia Khimich via Getty Images
Reformation reports spike in direct emissions, misses 2023 carbon intensity target
The apparel company known for pioneering sustainable practices aims to slash its Scope 1 and 2 emissions by 42% by 2030, compared to a 2021 baseline.
By Zoya Mirza • May 1, 2024 -
Courtesy of Ethan Gulley for Sun Day Red
Tiger Woods’ Sun Day Red debuts first collection
The professional athlete and TaylorMade in February announced the launch of the brand after Woods ended his 27-year partnership with Nike.
By Howard Ruben • May 1, 2024 -
Permission granted by Grove Collaborative
Grove Collaborative CEO talks new subscription model, winning over ‘dark green customers’
Eight months into his tenure, Jeff Yurcisin is shaking things up at the sustainable products company.
By Suzette Parmley • Updated May 1, 2024 -
Craig Barritt via Getty Images
Gymshark taps Adidas vet as first general manager of wholesale and retail
In addition to appointing Hannah Mercer, the activewear brand also named Kim Dolder as its first general manager of North America.
By Howard Ruben • April 30, 2024 -
Permission granted by Snif
Fragrance brand Snif lands in all Ulta Beauty locations
After first forming a partnership with the beauty retailer last summer, the move expands the brand’s presence from 539 Ulta stores to more than 1,350.
By Howard Ruben • April 29, 2024 -
Courtesy of LL Bean and Summersalt
L.L. Bean, Summersalt team up on swimwear collection
Outdoor gear and accessories, including hats and sandals, are also part of the collection.
By Suzette Parmley • April 26, 2024 -
Cara Salpini/Retail Dive
Alo Yoga, Vuori gaining share in activewear market, report finds
The DTC brands, which share shoppers with Lululemon and Nike, are growing as rivals like Under Armour contract, according to an Earnest Analytics report.
By Cara Salpini • April 26, 2024 -
Courtesy of Mented
West Lane Capital Partners acquires Mented Cosmetics
West Lane has been building out its portfolio of beauty brands, recently acquiring Seven hair care earlier this month.
By Howard Ruben • April 26, 2024 -
Courtesy of Mango
ColumnThe Weekly Closeout: Layoffs at Lululemon and Mango opens more stores
The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston.
By Retail Dive Staff • April 26, 2024 -
Permission granted by Foxtrot
Foxtrot, Dom’s sued amid mass layoff
A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the mass layoff.
By Brett Dworski • April 26, 2024 -
Cara Salpini/Retail Dive
Deckers Brands names president of global marketplace
Marco Ellerker is being promoted into the newly created position, following the company's record revenue growth in Q3.
By Suzette Parmley • April 26, 2024 -
Courtesy of Indochino
Indochino launches its first ready-to-wear suit collection
The custom suiting brand is going after convenience with the new line and said it plans to expand its ready-to-wear assortment in the future.
By Suzette Parmley • April 25, 2024 -
Courtesy of Lovesac
Lovesac pares back inventory costs as it simplifies operations
Costs associated with inbound freight and warehousing costs dropped as the furniture company rolled out planning capabilities and simplified operations.
By S.L. Fuller • April 25, 2024 -
Courtesy of RTIC
RTIC Outdoors expands into Walmart
The drinkware and cooler brand is selling 55 of its best-selling products in 3,800 of the mass merchant’s stores as well as on its website.
By Suzette Parmley • April 24, 2024 -
Courtesy of Jason Wu Beauty
Jason Wu Beauty lands in over 3,000 CVS stores
The partnership adds to the beauty brand’s distribution channels, which also include Target and J.C. Penney.
By Howard Ruben • April 24, 2024 -
Courtesy of Allbirds
Allbirds unveils Tree Runner Go sneaker as it refocuses on core products
The shoe features improvements to the original design and comes after the successful launch of the Wool Runner 2.
By Suzette Parmley • April 23, 2024
