DTC: Page 23
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Retrieved from Digital Brands Group on January 03, 2024
Digital Brands Group expects to earn $27M in revenue in 2024
The company, which is undergoing a strategic review, said it is working to boost shareholder value.
By Laurel Deppen • Jan. 4, 2024 -
Halsey’s Gen Z-focused beauty brand AF94 partners with Ulta Beauty
The makeup brand launched on Ulta’s website on Dec. 24 and will head to select stores beginning Jan. 14.
By Howard Ruben • Jan. 3, 2024 -
Explore the Trendline➔
gradyreese via Getty ImagesTrendlineWhat's shaping the e-commerce landscape?
From pivots in digital strategies to challenges retailers must overcome with reverse logistics, here are some of the forces shaping online retail.
By Retail Dive staff -
Shiseido to acquire Dr. Dennis Gross Skincare
The deal, which is expected to close in the first quarter, could accelerate Shiseido’s growth in the Americas.
By Caroline Jansen • Jan. 3, 2024 -
Bark’s chief technology officer to exit
Nari Sitaraman will step down this month after holding the role since 2021. Eric Picard, vice president of product management, will take on the CTO duties.
By Caroline Jansen • Jan. 2, 2024 -
Nike unveils $2B cost-savings plan to drive growth, profitability
The retailer is streamlining the organization, simplifying its product portfolio, increasing automation and using scale to drive efficiencies.
By Cara Salpini • Dec. 22, 2023 -
With Series A investment, Iris&Romeo to enter Sephora
The clean beauty brand received an investment from True Beauty Ventures, whose portfolio also includes BeautyStat, Caliray, Vacation and Dieux.
By Howard Ruben • Dec. 22, 2023 -
Unilever to acquire K18
The hair care brand, which was founded in 2020, takes a scientific approach to developing products.
By Caroline Jansen • Dec. 22, 2023 -
Retrieved from Wolverine Worldwide on December 21, 2023
Wolverine Worldwide appoints chief supply chain officer
In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.
By Laurel Deppen • Dec. 22, 2023 -
Private equity firm agrees to buy Uoma Beauty assets
MacArthur Beauty “saw an opportunity to save this brand and turn it around” after the company received a warning notice from the U.K. government.
By Caroline Jansen • Dec. 21, 2023 -
Vuori taps new chief marketing officer
Former Levi Strauss & Co. executive Karen Riley-Grant is taking on the CMO position as Vuori sets course for massive retail expansion.
By Dani James • Dec. 20, 2023 -
Patrick Ta Beauty taps Fenty Beauty exec to lead marketing
Jacqueline Barrett, who led consumer strategic marketing at Fenty Beauty, will oversee Patrick Ta’s strategic marketing and communications.
By Howard Ruben • Dec. 20, 2023 -
Revolution Beauty appoints new president of North America
The U.K. beauty brand has hired Erin Cast, who brings several years of experience from companies such as Coty.
By Dani James • Dec. 19, 2023 -
Amyris to sell JVN brand for $1.25M
Windsong Global was the successful bidder. Rose and Stripes were also auctioned off as part of Amyris' bankruptcy process.
By Dani James • Dec. 18, 2023 -
Tonal launches trade-in program for Lululemon Studio customers
Following Lululemon’s discontinuation of Mirror, Tonal is offering product discounts, a free one-year membership and removal of the Mirror device.
By Howard Ruben • Dec. 18, 2023 -
Aly Raisman and Chris Paul invest in Meati Foods
The sports moguls join Derek Jeter and Rachel Ray in funding the mushroom-root plant-based company, whose goal is to become a market leader by 2025.
By Elizabeth Flood • Dec. 18, 2023 -
MeUndies names chief revenue officer as it plans membership program revamp
Ariel Stoddard joins the DTC brand from Fabletics where she served as general manager and oversaw expansion into new categories, like scrubs.
By Howard Ruben • Dec. 15, 2023 -
Peloton names chief marketing officer
Lauren Weinberg joins the fitness company from Intuit following Leslie Berland’s resignation from the role after less than a year.
By Caroline Jansen • Dec. 15, 2023 -
Showfields landlord, funders voice concern over bankruptcy financing
The retailer's Brooklyn landlord objected to its proposed DIP financing, alleging Showfields has insiders involved with the lender. Meanwhile, the CEO said the company is working on "reaching a resolution" with creditors.
By Dani James • Dec. 15, 2023 -
Hanna Andersson appoints chief customer officer
Marking a new C-suite position for the children's apparel brand, Lisa Perlmutter joins after working at Brilliant Earth.
By Dani James • Dec. 14, 2023 -
DTC brands embrace hybrid models as online growth slows: GlobalData
Companies are expanding their distribution channels through wholesale and physical storefronts to capture shoppers post-pandemic.
By Howard Ruben • Dec. 13, 2023 -
Revolution Beauty CFO to exit as company reaches settlement with co-founder
Elizabeth Lake stepped down from the board immediately and will be replaced as CFO by Neil Catto in January.
By Dani James • Dec. 13, 2023 -
Monica and Andy launches maternity collection at Walmart
The maternity line joins the brand’s signature baby offerings that debuted in February at select Walmart stores and online.
By Howard Ruben • Dec. 12, 2023 -
Youthforia appoints first VP of marketing
Expanding the makeup brand’s executive team, Tina Shim takes on the role alongside its new vice president of sales, KC Giddings.
By Dani James • Dec. 12, 2023 -
Vuori opens second New York City store
The Upper East Side location follows the opening of a 5,000-square-foot flagship store in SoHo in October of 2022.
By Howard Ruben • Dec. 11, 2023 -
SmileDirectClub shuts down, leaving customers without support
The DTC dental company filed for bankruptcy earlier this year hoping to undergo a going-concern transaction, but has now closed its operations.
By Dani James • Dec. 11, 2023