DTC: Page 2
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Courtesy of Zulily
Zulily announces layoffs, again
The online retailer’s parent company, Qurate Retail Group, announced layoffs last week that mostly impacted HSN and QVC.
By Kaarin Vembar • March 9, 2023 -
Courtesy of Buck Mason
DTC apparel brand Buck Mason opens first Chicago store
Direct-to-consumer brands have been opening more stores in pursuit of profitability, but that strategy has not been fruitful for all.
By Tatiana Walk-Morris • March 9, 2023 -
Trendline
How the purpose of stores is evolving
Stores have always evolved in order to compete as times, technology and tastes change. And, most of all, to please customers.
By Retail Dive staff -
Courtesy of Fly By Jing
Fly By Jing raises $12M
The Chinese food brand — which launched in 2018 — also appointed its first chief financial, operations and commercial officers.
By Dani James • March 9, 2023 -
Cara Salpini/Retail Dive
Nike taps new head of women’s, DEI
Changes on the DTC side of the business will help support its digital-led strategy, the company said.
By Cara Salpini • March 8, 2023 -
Retrieved from Sundry on January 25, 2022
Digital Brands Group takes steps to go private
The company recently closed its acquisition of Sundry and has started the due diligence process with a private equity firm that approached it.
By Dani James • March 8, 2023 -
Courtesy of Grove Collaborative
Grove Collaborative releases collection with Drew Barrymore
The celebrity and company investor launched the limited-edition Fresh Horizons collection to inspire consumers to choose more sustainable products.
By Dani James • March 7, 2023 -
Courtesy of Athleta
Athleta taps 11 brand ambassadors to join Simone Biles, Allyson Felix
Dubbed the “Power of She Collective,” the group of female athletes will impact product innovation and further the brand's mission of empowering women.
By Xanayra Marin-Lopez • March 7, 2023 -
Courtesy of Carhartt
Carhartt workwear partners with resale company Trove
The heritage workwear and apparel brand plans to pilot the program across six U.S. stores before expanding nationwide later this year.
By Natalie Schwartz • March 7, 2023 -
Courtesy of Versed
Versed names former Dollar Shave Club exec as CEO
The skin care brand has hired Kerry Sullivan, who most recently was the chief marketing officer of the DTC shaving company.
By Dani James • March 6, 2023 -
Courtesy of Alo Yoga
Alo Yoga launches digital collection in the metaverse
The brand said it is exploring more opportunities to engage with its community through decentralized platforms, digital ownership and exclusive rewards.
By Tatiana Walk-Morris • March 6, 2023 -
Scott Eisen via Getty Images
Blue Apron has a plan to avoid NYSE delisting
The company has until June 21, 2024, to address its global market capitalization listing standard deficiency and until June 21, 2023, to fix its share price listing standard deficiency.
By Catherine Douglas Moran • March 6, 2023 -
Caroline Jansen/Retail Dive
11 digitally native retailers at risk of bankruptcy
These companies were meant to be disruptors to the industry. But as macroeconomic pressures intensify and capital gets harder to find, they may be put to their biggest test.
By Caroline Jansen • March 6, 2023 -
Courtesy of Qurate Retail Inc.
QVC, HSN parent lays off 12% of its workforce
The move, which affects some 400 employees, will generate $60 million in savings as Qurate Retail Group continues to work on its turnaround plan.
By Nate Delesline III • March 3, 2023 -
Permission granted by Showfields
Showfields brings Hims & Hers, Chubbies to Miami store
The South Beach store features a Cabana Curation, a Wedding Suite and a Mushroom Market to highlight DTC products.
By Tatiana Walk-Morris • March 3, 2023 -
Joe Raedle via Getty Images
Ex-Twitter exec joins Peloton as new chief people officer
Dalana Brand is the second executive at Peloton to bring experience from the social media platform. She will report directly to CEO Barry McCarthy.
By Dani James • March 3, 2023 -
Courtesy of Birchbox
Deep DiveWhat happened to Birchbox?
Over a year after being acquired by a women’s health company, the subscription beauty brand has a disabled website and outstanding vendor debts.
By Dani James • March 2, 2023 -
Permission granted by On
Footwear brand On expands into kids shoes
The new Cloud Play and Cloud Sky sneakers were adapted for the needs of children, with features such as fortified toe caps and strap closures.
By Dani James • March 2, 2023 -
Cara Salpini/Retail Dive
Qurate Retail Group brings on Everlane vet as CFO
Bill Wafford, who also served as chief financial officer at J.C. Penney and The Vitamin Shoppe, is joining the company in the midst of its turnaround plan.
By Tatiana Walk-Morris • March 2, 2023 -
Courtesy of Meati Foods
Meati brings on CPG veterans for supply chain and operations
The hires come as the mycelium meat analog company prepares for a national retail launch this year.
By Megan Poinski • March 2, 2023 -
Courtesy of Olaplex
Olaplex calls 2023 ‘a reset year’ as it braces for 41% sales hit in Q1
The DTC company, which is facing a lawsuit that alleges problems with its products, expects net sales to fall 15% for the year.
By Tatiana Walk-Morris • March 1, 2023 -
Pascal Le Segretain/Getty Images for Fenty x Puma via Getty Images
Fenty, Puma collaboration returns
Artist and entrepreneur Rihanna, who also founded Fenty Beauty and Savage X Fenty, first started working with the athletics brand in 2015.
By Dani James • March 1, 2023 -
Catherine Douglas Moran/Retail Dive
Nearly 3 in 4 consumers plan to keep buying private label when the economy settles, survey says
Manufacturers’ and retailers’ efforts to improve store-branded offerings are paying off, as shoppers make price their most important consideration, the data from Attest shows.
By Megan Poinski • March 1, 2023 -
Caroline Jansen/Retail Dive
Warby Parker narrows Q4 net loss amid economic uncertainty
The DTC eyewear brand saw revenue increase 10.2% year over year, and it plans to grow its physical footprint with 40 new stores in 2023.
By Dani James • Feb. 28, 2023 -
Courtesy of Saxx
Saxx uses its first metaverse store to promote new collection
The men's underwear brand joins a growing list of companies launching virtual experiences to connect with consumers.
By Xanayra Marin-Lopez • Feb. 28, 2023 -
Courtesy of Beyond Meat
Beyond Meat’s lean inventory is key, CFO says
The company is one of a growing number of firms pivoting to cut costs through layoffs, real estate consolidation and other measures.
By Maura Webber Sadovi • Feb. 28, 2023
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