DTC: Page 34


  • Purple's Rejuvenate mattress
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    Permission granted by Purple
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    Purple Q3 revenue drops on ‘soft demand,’ lowers full-year guidance again

    The mattress company saw net revenue decrease 2% year over year, with a decline in its direct-to-consumer channels while wholesale grew.

    By Nov. 10, 2023
  • The interior of Cider's pop-up in New York City's SoHo neighborhood.
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    Courtesy of Cider
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    Gen Z brand Cider opens NYC pop-up

    The store, located in New York City’s SoHo neighborhood, marks the first U.S. pop-up for the fast-fashion brand.

    By Howard Ruben • Nov. 10, 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
  • Dark clouds over a store entrance. A brick-red exterior wall with a "Kohl's" sign.
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    Daphne Howland/Retail Dive
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    Column

    The Weekly Closeout: Kohl’s board chair to step down, Athleta debuts experiential fitness series

    The department store said Peter Boneparth will retire in May, while the athletics brand is planning events across North America.

    By Retail Dive Staff • Nov. 10, 2023
  • Allbirds opens store in Flatiron district of New York City.
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    Courtesy of Allbirds
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    Allbirds Q3 revenue drops over 21%, forecasts soft holiday season

    The lifestyle brand reported a higher net loss and a decline in gross profit, with one analyst characterizing it as a "disastrous quarter."

    By Nov. 9, 2023
  • Sundry
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    Retrieved from Sundry on January 25, 2022
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    Digital Brands Group considers strategic alternatives

    The lifestyle company, which has a brand portfolio that includes Sundry and Stateside, hopes to find shareholder value amid its public market performance.

    By Nov. 9, 2023
  • A Warby Parker storefront in Georgetown
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    Cara Salpini/Retail Dive
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    Warby Parker opened 11 new stores in Q3, raises full-year guidance

    The vision brand's net revenue increased over 14% and executives said the company has long-term potential to operate at least 900 stores.

    By Nov. 8, 2023
  • A person holding an oversized bottle of Kendra Scott's Ruby Musk perfume.
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    Courtesy of Kendra Scott
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    Kendra Scott expands into fragrance

    The accessories brand launched a limited collection of scents, which debuted in all company-owned stores Wednesday.

    By Howard Ruben • Nov. 8, 2023
  • A headshot of a person with a full beard, with their head covered by a white hoodie.
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    Courtesy of Adidas
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    Yeezy brings in $375M for Adidas in Q3, as overall net sales fall 6.4%

    The company is undecided about how to handle remaining stock from a collaboration it nixed a year ago over problematic behavior from Ye.

    By Nov. 8, 2023
  • Shoppers walking by an Under Armour store.
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    Cara Salpini/Retail Dive
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    Under Armour revamps marketing approach as outlook worsens

    CEO Stephanie Linnartz also touted the addition of John Varvatos to its design team and said he is already building a “design-led culture.”

    By Nov. 8, 2023
  • Olaplex files for IPO.
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    Courtesy of Olaplex
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    Olaplex sales drop 30% amid a ‘lower level of demand’

    The hair care brand narrowed its full-year guidance as well, though its owned e-commerce website experienced growth.

    By Nov. 7, 2023
  • Two people running in On Cloudneo shoes
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    Courtesy of On
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    On, Reformation among brands launching sustainable footwear collective

    The group’s proposed solution is to collectively minimize waste, reduce emissions and bring a circular approach to the footwear industry.

    By Laurel Deppen • Nov. 7, 2023
  • Grey and white Allbirds sneakers modeled on two feet atop a wood chair
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    Permission granted by Allbirds
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    Allbirds releases updated version of Wool Runner shoe

    The brand — which is undergoing a transformation plan — launched the original version of what would become its first-ever sneaker in 2016.

    By Nov. 6, 2023
  • Folded business shirts and other merchandise sit on blond wood shelves.
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    Courtesy of J.McLaughlin
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    J.McLaughlin opens second menswear-only store

    The Palm Beach, Florida, location comes as the brand places a renewed focus on its men’s business.

    By Howard Ruben • Nov. 6, 2023
  • Beyond Meat's The Beyond Burgers in their packaging.
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    Getty Images
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    Beyond Meat slashes workforce as business model is under fire

    The plant-based giant, which is laying off 19% of its non-production workforce, continues to face headwinds as consumers prioritize affordability.

    By Elizabeth Flood • Nov. 6, 2023
  • The True Classic Houston storefront.
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    Courtesy of True Classic
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    True Classic debuts its first owned and operated store

    The DTC brand plans to add three locations by the end of the year. The openings come after the company opened stores in partnership with Leap.

    By Howard Ruben • Nov. 3, 2023
  • A white and black colored Figs storefront in LA with mannequins in scrubs.
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    Courtesy of Figs
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    Figs opens first brick-and-mortar store

    The DTC healthcare apparel brand opened an LA shop, announced plans for a second location in Philadelphia and raised its full-year outlook.

    By Nov. 3, 2023
  • Various products from CosRx's "The RX" line.
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    Courtesy of CosRx
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    CosRx acquired after Amorepacific takes controlling stake

    The beauty brand will be integrated as a subsidiary of Amorepacific, which also houses brands like Laneige, Sulwhasoo and Innisfree.

    By Nov. 2, 2023
  • A person running on a Peloton treadmill
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    Courtesy of Peloton Interactive
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    Peloton Q1 total revenue drops, expects muted holiday season

    The fitness company's net loss during the quarter improved 61% and the brand reinstated full-year guidance. 

    By Nov. 2, 2023
  • Exterior of Wayfair's headquarters in Boston
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    Caroline Jansen/Retail Dive
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    Wayfair’s Q3 revenue up 3.7% after 9 consecutive quarters of declines

    The online retailer also narrowed its loss in the quarter. But the company has a ways to go to recover from the sharp decline in demand in the category.

    By Nov. 1, 2023
  • Kim Kardashian standing next to an NBA podium holding a basketball.
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    Courtesy of Skims
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    Skims named official underwear partner of the NBA, WNBA and USA Basketball

    The partnership comes on the heels of the Kim Kardashian-founded brand announcing last week that it was entering the men’s category.

    By Howard Ruben • Nov. 1, 2023
  • Canada Goose storefront in Las Vegas.
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    Courtesy of Canada Goose
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    Canada Goose taps new CFO, lowers full-year outlook

    The luxury apparel brand saw direct-to-consumer revenue in Q2 increase 15% year over year as it focused more on the channel. 

    By Nov. 1, 2023
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    Lush
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    Lush launches wholesale partnership with Ulta Beauty

    The brand is selling a range of exclusive products available only on the beauty retailer’s website.

    By Oct. 31, 2023
  • The Sorel logo is seen reflected in a window, which shows the skyline of New York City.
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    Eugene Gologursky/Getty Images for New York Magazine via Getty Images
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    Columbia reports $986M in Q3 sales, lowers full-year guidance

    The company’s namesake brand led sales, while its prAna brand is undergoing a “reset.”

    By Laurel Deppen • Oct. 31, 2023
  • Actor David Dastmalchian wearing a black suit posing on a black and metal casket
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    Courtesy of Titan Casket
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    The tricky business of direct-to-consumer caskets

    Brands such as Titan Casket are trying to disrupt an industry dominated by legacy manufacturers who sell through funeral homes. Could updates to a key federal rule help encourage competition and better inform consumers?

    By Oct. 31, 2023
  • A Skinny Confidential shopping bag.
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    Courtesy of The Skinny Confidential
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    The Skinny Confidential lands in Nordstrom

    The move marks the first nationwide retail partnership for the company’s beauty brand, which launched in 2021.

    By Howard Ruben • Oct. 30, 2023