DTC: Page 41
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Column
The Weekly Closeout: Petco swings to a loss and Ace Hardware plans 170 stores this year
The pet retailer reported its 19th consecutive quarter of comp growth, while the hardware cooperative has already opened 100 of its planned stores.
By Retail Dive Staff • Aug. 25, 2023 -
Patrick Schwarzenegger and Maria Shriver’s Mosh raises $3M for retail expansion
Schwarzenegger — a former investor in trendy CPG products — and his mom bring a unique profile to promote a protein bar focused on brain health.
By Elizabeth Flood • Aug. 25, 2023 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
Oddity names SpoiledChild CEO
Gil Efrati brings marketing experience from direct-to-consumer company Resident as well as Google.
By Dani James • Aug. 24, 2023 -
Allbirds launches new sneaker style
The Courier — which debuts amid transformational changes at the brand — is inspired by vintage trainers and priced at $125.
By Dani James • Aug. 24, 2023 -
Peloton recall dings growth in Q4
The company — which saw revenue decline 5% year over year — experienced larger-than-anticipated costs after enacting a bike seat post recall in May.
By Dani James • Aug. 23, 2023 -
Infant formula brand ByHeart enters Target, plans DTC relaunch
The brand halted production after it voluntarily recalled some products in December due to concerns over possible cross-contamination.
By Howard Ruben • Aug. 23, 2023 -
Away lays off 22, including chief commercial officer
To better align with its growth strategy, the travel brand in May reduced its workforce, including CCO Laura Willensky.
By Dani James • Aug. 22, 2023 -
Boxed acquired by MSG Distributors
The regional distributor of consumables and household products said it will work to continue serving Boxed’s customers, vendors and brands.
By Peyton Bigora • Aug. 22, 2023 -
Happy Socks appoints new CEO
Alexander Meyer comes to the company from The Bay, where he served as chief customer officer.
By Dani James • Aug. 21, 2023 -
Recess expands to 5K additional retail doors
The DTC beverage brand is now available in 14,000 stores, spanning retailers like Target, CVS, H-E-B, Sprouts and Winn Dixie.
By Howard Ruben • Aug. 21, 2023 -
DTC’s Q2 was a mixed bag as holidays approach
Some brands swam while others drowned in a period that saw everything from major executive changes to falling sales.
By Caroline Jansen , Dani James • Aug. 21, 2023 -
Column
The Weekly Closeout: Target faces ESG lawsuit, BeautyStat names chief marketing officer
The suit filed by a Target stockholder alleges that the retailer misled shareholders over the effect its ESG efforts would have on its performance.
By Retail Dive Staff • Aug. 18, 2023 -
Bark approves share repurchase program of up to $7.5M
The pet care brand's long-term debt reached $81.4 million in Q1 and revenue declined 8% year over year.
By Dani James • Aug. 18, 2023 -
Quip launches vitamin-enhanced mints
The new product builds out the portfolio of the DTC oral healthcare brand, which became known for its toothbrushes.
By Howard Ruben • Aug. 18, 2023 -
Retrieved from Stateside on August 31, 2021
Digital Brands Group reports Q2 net income
The company — which boasts a portfolio including Sundry and Stateside — swung from a net loss of $10.6 million the year before.
By Dani James • Aug. 17, 2023 -
Healthcare apparel brand Figs aims to improve fulfillment efficiency
Elevated storage costs have been a thorn in the direct-to-consumer company's side since last year.
By Max Garland • Aug. 17, 2023 -
Heydude teams up with Dude Perfect
The footwear brand is forming a long-term partnership with Dude Perfect — a sports-themed content group with nearly 60 million YouTube subscribers.
By Tatiana Walk-Morris • Aug. 17, 2023 -
Babylist to open flagship showroom in Beverly Hills
The 18,000 square-foot location set to open this week will serve as a product testing ground to customers looking to make a purchase.
By Howard Ruben • Aug. 16, 2023 -
Function of Beauty launches exclusive Sephora collection
The custom hair care brand's new bond-building line will be in 300 stores in addition to the retailer's website.
By Dani James • Aug. 16, 2023 -
Grove Collaborative co-founder out as CEO
Stuart Landesberg will exit the chief executive role Wednesday, being succeeded by former Zulily and Shopbop CEO Jeff Yurcisin.
By Caroline Jansen • Aug. 15, 2023 -
How Dormify remains relevant with Gen Z this back-to-school season
Co-founder Amanda Zuckerman discusses how the brand is leveraging feedback from its community of ambassadors and customers.
By Howard Ruben • Aug. 15, 2023 -
Parade acquired by Ariela & Associates International
The DTC intimates brand has expanded its product categories over the past several months and will operate as a division of Ariela & Associates International.
By Dani James • Aug. 15, 2023 -
On brand’s DTC sales grew faster than wholesale in Q2
The brand’s direct-to-consumer channel increased 54.7% year over year to 163.5 million Swiss francs during the quarter.
By Dani James • Aug. 15, 2023 -
"HK Quarry Bay Taikoo Shing Cityplaza Columbia Sportswear Co Shop.JPG" by Nmioenic is licensed under CC BY-SA 3.0
Columbia rehires Canada Goose exec for chief product officer
Woody Blackford was with Columbia for 14 years before joining rival outerwear firm Canada Goose in 2020.
By Laurel Deppen • Aug. 15, 2023 -
Radio Flyer to open first store this fall
The 106-year-old brand, known for its red wagons, is set to open its first store this November in the Chicago area where the company is based.
By Howard Ruben • Aug. 14, 2023