DTC: Page 40
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Converse names North America VP new CEO
Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.
By Nate Delesline III • May 31, 2023 -
VC funding for food and beverage plunging amid challenging environment, data shows
Over the last four quarters, the amount raised and the number of deals have fallen significantly compared to the prior year, according to PitchBook.
By Christopher Doering • May 31, 2023 -
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 -
DTC paint brand Clare to raise prices
The cost of a gallon of paint will increase by an average of 8% as the company faces “outsized inflation,” CEO Nicole Gibbons said in an email to customers.
By Dani James • May 31, 2023 -
McKinsey: Online beauty sales in the US to hit $45B by 2027
Global e-commerce sales now exceed those of specialty retail which, in 2022, was 20% of the overall industry.
By Howard Ruben • May 31, 2023 -
Aviator Nation opens first East Coast store
Located in the Hamptons, the store is the brand’s 17th nationwide and comes after a test New York City pop-up shop in December.
By Howard Ruben • May 30, 2023 -
Hoka to hit $2B in sales as DTC channel grows
The athletic footwear brand reported its fourth consecutive year of revenue growth above 50%, according to Deckers CEO Dave Powers.
By Dani James • May 30, 2023 -
Column
The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale
The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.
By Retail Dive Staff • May 26, 2023 -
Mielle signs LSU basketball star Angel Reese as ambassador
The NCAA athlete’s name, image and likeness deal with the brand will include marketing, social media, events and a limited-edition product bundle.
By Howard Ruben • May 26, 2023 -
QVC parent company sells Zulily to investment firm
Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy.
By Nate Delesline III • May 26, 2023 -
Studs opens piercing studio in DC’s Georgetown neighborhood
The direct-to-consumer piercing and jewelry brand now has 19 locations focused on providing a modern, personalized experience.
By Dani James • May 25, 2023 -
Laneige joins virtual store trend to showcase new collection
Powered by e-commerce platform Obsess, the store has five rooms featuring different skincare collections and brand content.
By Xanayra Marin-Lopez • May 25, 2023 -
Blue Apron sells fulfillment centers in shift to asset-light model
The buyer, FreshRealm, plans to exclusively provide production and fulfillment needs for the company's meal kit products.
By Max Garland • May 25, 2023 -
In massive executive shuffle, Nike names new Jordan president
Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.
By Cara Salpini • May 25, 2023 -
Canada Goose to open 3 new US stores
The luxury apparel brand is focused on expanding its DTC presence, with plans to open 16 new locations across Japan, China and the U.S. in fiscal year 2024.
By Dani James • May 25, 2023 -
Podcast
The Backroom: How the consumer is doing so far this year
Discretionary goods are a low priority amid an uncertain economy and a desire to spend on experiences, but retailers are holding their own. What about the rest of 2023?
By Retail Dive Staff • May 25, 2023 -
Peloton repositions itself as ‘more than a bike company’
The new campaign showcases users of all ages and fitness levels using the brand’s various offerings beyond its in-home bike hardware.
By Dani James • May 24, 2023 -
Indochino saw ‘record setting’ revenue in Q1
The privately held DTC brand attributed the sales to its expanded women’s offering, diversified partnerships and strong shop-in-shop execution.
By Howard Ruben • Updated May 25, 2023 -
Ariana Grande’s R.e.m. Beauty receives investment from Sandbridge Capital
The makeup company hopes to optimize its “global potential.” The celebrity bought back the brand's assets in February.
By Dani James • May 23, 2023 -
Retrieved from AB InBev.
AB InBev to discontinue Babe wine and Hiball energy brands
The alcohol giant said the decision was made to better focus on growth by prioritizing its Mega Brands while supporting “choiceful innovations.”
By Christopher Doering • May 23, 2023 -
Retrieved from Sundry on January 25, 2022
Digital Brands Group sees potential for 50 retail stores
Thanks mostly to its acquisition of women's apparel brand Sundry, the direct-to-consumer company reported a net revenue increase of 48% in Q1.
By Dani James • May 22, 2023 -
Adidas to resume selling Yeezy products at the end of May
It’s the first time the products have been up for sale since Adidas broke ties with Kanye West, also known as Ye, in October.
By Cara Salpini • May 22, 2023 -
Serena Williams’ Will Perform brand launches at Walmart
The DTC pain relief and performance care brand was introduced on the mass merchant’s website Friday and is heading to stores in June.
By Howard Ruben • May 22, 2023 -
Nuuly partners with plus-size brand Eloquii
The deal between the Urban Outfitters-owned clothing rental service and the plus-size DTC brand is exclusive, and it debuts with 25 styles.
By Lara Ewen • May 19, 2023 -
Grove Collaborative adds Costco, Kroger and Hannaford to list of retail partners
The DTC brand is steadily building out its wholesale roster, which also includes Walmart, Target, Amazon and CVS.
By Howard Ruben • May 19, 2023 -
Peloton co-founders beta launch rug brand Ernesta
The direct-to-consumer company ships to 30,000 zip codes and allows customers to order custom-sized rugs after being approved from a waitlist.
By Dani James • May 19, 2023