DTC: Page 37
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Birkenstock sets sights on valuation of up to $9.2B
As its revenue continues to increase, the footwear brand expects its IPO pricing to be between $44 and $49 per ordinary share.
By Dani James • Oct. 3, 2023 -
SmileDirectClub files for Chapter 11 bankruptcy
The dental company's financial issues partially stemmed from the COVID-19 pandemic. Now it plans to liquidate if it can't find a buyer.
By Dani James • Oct. 2, 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 -
Retrieved from Birdy Grey on February 24, 2023
Birdy Grey builds out C-suite with new COO, CTO hires
The DTC bridal brand brought on a new operating chief following Eloquii co-founder Steve Zawada's exit in June after about six months.
By Howard Ruben • Oct. 2, 2023 -
Blue Apron to be acquired by Wonder Group
The food tech company founded by former Walmart e-commerce executive Marc Lore is buying the meal kit company for about $103 million — a fraction of what it was worth when it went public in 2017.
By Catherine Douglas Moran • Oct. 2, 2023 -
Sponsored by Spresso.AI
3 ways pricing strategy unlocks Q4 success
Learn how you could have dynamic pricing working in your business by Thanksgiving with a personalized Price Optimization demo.
Oct. 2, 2023 -
Fenty Beauty is coming to Ulta at Target
The tie-up with the superstar’s inclusive makeup brand is part of a strong beauty play at the retailer, which has been a bright spot in recent quarters.
By Daphne Howland • Sept. 29, 2023 -
Nike says better profitability is on the horizon as net income edges down in Q1
Chief Financial Officer Matt Friend said the retailer expects to be “a more direct and a more digital company and a more profitable company” going forward.
By Cara Salpini • Sept. 29, 2023 -
Lululemon enacts layoffs amid Peloton partnership
Approximately 120 Lululemon Studio employees are impacted following the brand's announcement that it will stop selling its Mirror device.
By Dani James • Sept. 29, 2023 -
Column
The Weekly Closeout: Lee launches unisex collection and Barbie fever hits Wrangler
The genderless line was created with Chinese streetwear brand Roaringwild. Meanwhile, the blockbuster movie inspired a 40-piece collection.
By Retail Dive Staff • Sept. 29, 2023 -
Shopify invests in wholesale marketplace Faire
Through the partnership, Faire will become Shopify’s recommended wholesale provider.
By Howard Ruben • Sept. 29, 2023 -
Ralph Lauren expanding Canada presence with retail, e-commerce
The company plans to add more stores in the country in the coming years to increase value in North America.
By Laurel Deppen • Sept. 29, 2023 -
Showfields closes New York store in Manhattan
The retailer closed its Miami location in July and will focus on its stores still open in Brooklyn and Washington, D.C.
By Dani James • Sept. 28, 2023 -
Lululemon to discontinue Mirror as it teams up with Peloton
Peloton will be Lululemon’s digital fitness content provider, and co-branded apparel began selling through Peloton in select locations in October.
By Dani James • Sept. 28, 2023 -
Podcast
The Backroom: Marisa Meltzer and the creation of Glossier
The journalist’s new book "Glossy" makes waves as it pulls back the curtain on Glossier founder Emily Weiss and the beauty brand that changed the industry.
By Retail Dive Staff • Sept. 28, 2023 -
Peloton co-founder, chief product officer to step down
Tom Cortese will be replaced in November by Nick Caldwell, who has over 20 years of experience working at various technology companies.
By Dani James • Sept. 27, 2023 -
UrbanStems hires new chief executive officer
The online floral company has tapped Ana Mollinedo Mims for the position, succeeding Seth Goldman who has served as CEO since 2018.
By Dani James • Sept. 26, 2023 -
Peloton names SVP of apparel, accessories
A few months after the fitness brand launched a rebrand, Cédric Fletcher joins the company with experience from Nike and Under Armour.
By Dani James • Sept. 25, 2023 -
Fly By Jing expands to 1,200 Target stores
The brand launched at Target in 2021, and the move builds on its wholesale presence, which also includes partnerships with Whole Foods and Costco.
By Howard Ruben • Sept. 25, 2023 -
Meati Foods reduces staff by 10% as it focuses on profitability
The fermented meat company said the layoffs were not a result of the demand it has seen for its products.
By Elizabeth Flood • Sept. 25, 2023 -
Deep Dive
Why EBITDA has such a strong hold on retail
Is it the “Wild West” of measures or a fair predictor of long-term success? Either way, retailers won’t quit talking about EBITDA.
By Dani James • Sept. 25, 2023 -
Redken launches DTC website
While products have been available for sale in local salons, Amazon and Ulta, the site allows consumers to buy items directly from the brand online.
By Howard Ruben • Updated Oct. 4, 2023 -
Purple taps Party City vet as CFO
Todd Vogensen on Oct. 16 will take over from interim CFO Bennett Nussbaum, who will become the company’s chief transformation officer.
By Caroline Jansen • Sept. 22, 2023 -
Savage X Fenty debuts soccer-inspired collection
The brand — which was founded by Rihanna — launched limited-edition League products including themed jerseys, joggers and more.
By Dani James • Sept. 22, 2023 -
E.l.f. Beauty reformulated over 300 SKUs in FY2023
The beauty company's latest impact report revealed new sustainability goals, such as further improving its packaging.
By Dani James • Sept. 21, 2023 -
Athletic footwear brand APL’s fit tech leads to reduced returns
The luxury sneaker company’s partnership with True Fit has slashed fit-related returns by 15%.
By Tatiana Walk-Morris • Sept. 21, 2023