DTC: Page 47


  • A Blue Apron box on a kitchen counter.
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    Scott Eisen via Getty Images
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    Blue Apron has a plan to avoid NYSE delisting

    The company has until June 21, 2024, to address its global market capitalization listing standard deficiency and until June 21, 2023, to fix its share price listing standard deficiency.

    By Catherine Douglas Moran • March 6, 2023
  • Exterior of Wayfair's headquarters in Boston
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    Caroline Jansen/Retail Dive
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    11 digitally native retailers at risk of bankruptcy

    These companies were meant to be disruptors to the industry. But as macroeconomic pressures intensify and capital gets harder to find, they may be put to their biggest test.

    By March 6, 2023
  • Shot of a young woman relaxing on the sofa and using a credit card with a digital tablet Explore the Trendline
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    gradyreese via Getty Images
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    Trendline

    What'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
  • In a screenshot, two people demonstrate a kitchen stand mixer during a QVC segment
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    Courtesy of Qurate Retail Inc.
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    QVC, HSN parent lays off 12% of its workforce

    The move, which affects some 400 employees, will generate $60 million in savings as Qurate Retail Group continues to work on its turnaround plan.

    By Nate Delesline III • March 3, 2023
  • External shot of the Showfields store in Miami.
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    Permission granted by Showfields
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    Showfields brings Hims & Hers, Chubbies to Miami store

    The South Beach store features a Cabana Curation, a Wedding Suite and a Mushroom Market to highlight DTC products. 

    By Tatiana Walk-Morris • March 3, 2023
  • A zoomed in view of a Peloton bike with the logo visible in red.
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    Joe Raedle via Getty Images
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    Ex-Twitter exec joins Peloton as new chief people officer

    Dalana Brand is the second executive at Peloton to bring experience from the social media platform. She will report directly to CEO Barry McCarthy.

    By Dani James • March 3, 2023
  • Birchbox SoHo
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    Courtesy of Birchbox
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    Deep Dive

    What happened to Birchbox?

    Over a year after being acquired by a women’s health company, the subscription beauty brand has a disabled website and outstanding vendor debts.

    By Dani James • March 2, 2023
  • Two sets of feet on an overhand wear bright peach and blue sneakers
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    Permission granted by On
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    Footwear brand On expands into kids shoes

    The new Cloud Play and Cloud Sky sneakers were adapted for the needs of children, with features such as fortified toe caps and strap closures. 

    By Dani James • March 2, 2023
  • Qurate
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    Cara Salpini/Retail Dive
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    Qurate Retail Group brings on Everlane vet as CFO

    Bill Wafford, who also served as chief financial officer at J.C. Penney and The Vitamin Shoppe, is joining the company in the midst of its turnaround plan. 

    By Tatiana Walk-Morris • March 2, 2023
  • A hand holds a bundle of herbs above a fiery double-decker grill with Meati Steaks and Cutlets with grill marks on the bottom left, asparagus on the bottom right, and a frying pan of stir fry and corn
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    Courtesy of Meati Foods
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    Meati brings on CPG veterans for supply chain and operations

    The hires come as the mycelium meat analog company prepares for a national retail launch this year.

    By Megan Poinski • March 2, 2023
  • Olaplex files for IPO.
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    Courtesy of Olaplex
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    Olaplex calls 2023 ‘a reset year’ as it braces for 41% sales hit in Q1

    The DTC company, which is facing a lawsuit that alleges problems with its products, expects net sales to fall 15% for the year. 

    By Tatiana Walk-Morris • March 1, 2023
  • Rihanna walking down a runway for her Fenty x Puma
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    Pascal Le Segretain/Getty Images for Fenty x Puma via Getty Images
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    Fenty, Puma collaboration returns

    Artist and entrepreneur Rihanna, who also founded Fenty Beauty and Savage X Fenty, first started working with the athletics brand in 2015.

    By Dani James • March 1, 2023
  • Packages of Good & Gather granola at a Target in Washington, D.C.
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    Catherine Douglas Moran/Retail Dive
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    Nearly 3 in 4 consumers plan to keep buying private label when the economy settles, survey says

    Manufacturers’ and retailers’ efforts to improve store-branded offerings are paying off, as shoppers make price their most important consideration, the data from Attest shows. 

    By Megan Poinski • March 1, 2023
  • Exterior of a Warby Parker store in Washington, D.C.'s Georgetown neighborhood
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    Caroline Jansen/Retail Dive
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    Warby Parker narrows Q4 net loss amid economic uncertainty

    The DTC eyewear brand saw revenue increase 10.2% year over year, and it plans to grow its physical footprint with 40 new stores in 2023.

    By Dani James • Feb. 28, 2023
  • Underwear displayed in a virtual store
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    Courtesy of Saxx
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    Saxx uses its first metaverse store to promote new collection

    The men's underwear brand joins a growing list of companies launching virtual experiences to connect with consumers.

    By Feb. 28, 2023
  • Beyond Meat's Beyond Burger
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    Courtesy of Beyond Meat
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    Beyond Meat’s lean inventory is key, CFO says

    The company is one of a growing number of firms pivoting to cut costs through layoffs, real estate consolidation and other measures.

    By Maura Webber Sadovi • Feb. 28, 2023
  • A Vuori storefront
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    Courtesy of Vuori
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    Vuori to open first Minnesota store in Mall of America

    The new location is part of a broader strategy to open 100 U.S. stores over the next few years.

    By Tatiana Walk-Morris • Feb. 28, 2023
  • Poshmark introduces shoppable Poshmark Stories feature.
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    Courtesy of Poshmark
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    Poshmark lays off less than 2% of workforce

    The social resale marketplace has about 800 employees, according to its LinkedIn, and recently got acquired for $1.2 billion.

    By Dani James • Feb. 27, 2023
  • Saks Off 5th names a new COO.
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    Courtesy of Saks Off 5th
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    SaksOff5th.com beefs up user experience leadership

    Former Untuckit exec Julie Mares will lead new strategies for the online customer journey, amid shifting priorities at the e-retailer.

    By Feb. 27, 2023
  • Three babies in Monica + Andy onesies on a yellow background.
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    Courtesy of Monica + Andy
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    Walmart adds baby brand Monica + Andy to stores, online

    For the direct-to-consumer brand, the partnership with the mass merchant represents a chance to reach more customers.

    By Tatiana Walk-Morris • Feb. 27, 2023
  • Interior shot of the Adidas store in the Bronx. Clothes are on racks on the perimeter of the store and merchandise on tables in the center.
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    Courtesy of Adidas
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    Adidas opens New York store in the Bronx

    The location features a digital footwear wall, click-and-collect services, and digital windows highlighting the brand’s campaigns, partners and products.

    By Tatiana Walk-Morris • Feb. 27, 2023
  • Three people wearing bridesmaid dresses stand together. The person in the center holds a cake.
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    Retrieved from Birdy Grey on February 24, 2023
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    Birdy Grey hires Eloquii co-founder as COO

    Steve Zawada’s appointment comes after the DTC bridal brand named a CFO in October.

    By Tatiana Walk-Morris • Feb. 24, 2023
  • blue bottle
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    Permission granted by Blue Bottle
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    Nestlé’s Blue Bottle brews up interest in premium coffee through ultra-rare launch

    The offering is part of the brand’s Exceedingly Rare program from single origin coffees that are often available in small quantities.

    By Christopher Doering • Feb. 24, 2023
  • Three young children wear red and blue striped pajama sets
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    Permission granted by Hanna Andersson
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    Hanna Andersson launches resale marketplace

    The childrenswear brand already has over 1,500 listings on the Hanna-Me-Downs platform, according to Chief Sustainability Officer Jen Reed. 

    By Dani James • Feb. 24, 2023
  • AllModern store exterior
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    Courtesy of Wayfair
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    Wayfair’s net loss tops $1.3B in 2022

    The online home goods retailer saw its customer base contract even further despite increased advertising spend during the period.

    By Feb. 23, 2023
  • Two people in Brooks Running apparel and shoes run down a road.
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    Courtesy of Brooks Running
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    Brooks Running records 16% DTC sales growth in 2022

    Global revenue increased 6% as the brand expanded its e-commerce presence.

    By Tatiana Walk-Morris • Feb. 23, 2023