DTC: Page 55

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    Kena Betancur via Getty Images
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    What 2022’s downturn in deals signals about DTC exits

    Market volatility, inflation and other economic uncertainty has created a weak environment for deals. What does this mean for direct-to-consumer brands?

    By • Oct. 10, 2022
  • Woman shopping for clothes on her iPhone.
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    Adrian Vidal via Getty Images
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    Sponsored by Google

    Three imperatives to be a transformational DTC brand

    While DTC brands were well positioned to capture the increase in online shopping over the past few years, other retailers and brands have caught up in digital maturity and sophistication.

    By Jane Butler • Oct. 10, 2022
  • 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
  • Tupperware bowl full of fruit on a table.
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    Courtesy of Tupperware
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    Column

    The Weekly Closeout: Tupperware is now at Target and Hasbro’s $8.5B plan

    Tupperware is on a journey to reach a younger demographic, and the toy brand announced an ambitious financial growth strategy.

    By Retail Dive Staff • Oct. 7, 2022
  • A red sign with a white logo and the words "under armour" in white capital letters hangs from an iron post.
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    Daphne Howland/Retail Dive
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    Under Armour replaces president of the Americas

    Stephanie Pugliese will stay until early next year to help with the transition, but David Baxter takes on the role Oct. 24.

    By • Oct. 6, 2022
  • A person running on a Peloton treadmill
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    Courtesy of Peloton Interactive
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    Peloton cuts 500 jobs after losing ‘more than $100M on retail’ last year

    Following a slew of poor earnings results, CEO Barry McCarthy is focused on reaching break-even cash flow by the end of the year.

    By • Oct. 6, 2022
  • gopuff goodnow
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    Permission granted by Gopuff
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    Gopuff launches health and wellness private label line, links with Grubhub

    The private brand includes allergy medications and at-home test kits, while the new partnership makes convenience items available on the Grubhub Marketplace.

    By Catherine Douglas Moran , Brett Dworski • Oct. 6, 2022
  • An Allbirds storefront on Abbot Kinney Boulevard in California.
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    Cara Salpini/Retail Dive
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    Allbirds’ wholesale roster expands once more with REI deal

    The brand is swiftly growing its list of retail partners as it searches for a path to profitability.

    By • Oct. 4, 2022
  • Headshot of Spanx CEO Kim Jones.
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    Courtesy of Spanx
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    Spanx names new CEO

    The brand promoted longtime executive Kim Jones to the role and expanded its executive team. 

    By • Oct. 3, 2022
  • Caraway pots and pans on the stove
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    Courtesy of Caraway
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    DTC cookware brand Caraway raises $35M

    The funding comes as many retail startups face a cooler venture capital market.

    By Tatiana Walk-Morris • Oct. 3, 2022
  • Two side-by-side photographic portraits, the left in color and the right in black and white.
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    Courtesy of Supergoop
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    Supergoop expands executive team

    Company veteran Britany LeBlanc was promoted to chief marketing officer, and LVMH alum Ryan Crowley will be chief financial and chief operating officer.

    By • Sept. 30, 2022
  • Beyond Yoga's entrance to its first store
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    Courtesy of Beyond Yoga
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    Column

    The Weekly Closeout: Beyond Yoga opens its first store and H&M looks to cut costs

    The active brand is planning more stores down the pike, while the fast-fashion retailer is hoping to stem losses by charging for returns.

    By Retail Dive Staff • Sept. 30, 2022
  • A rendering of Peloton branded fitness shops inside Dick's Sporting Goods.
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    Courtesy of Peloton
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    Peloton deepens wholesale ties through Dick’s Sporting Goods deal

    The partnership was announced at the same time Peloton lost its lawsuit against Lululemon.

    By • Sept. 30, 2022
  • Nike Rise in Seoul, South Korea
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    Courtesy of Nike
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    Nike ‘aggressively’ clearing inventory ahead of holidays

    Some out-of-season apparel arrived late, while holiday apparel arrived early, leading inventories to rise 44% year over year.

    By • Sept. 30, 2022
  • A line of fitness instructors standing together.
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    Courtesy of Lululemon
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    Lululemon puts Mirror acquisition to use with Lululemon Studio program

    The membership, launching next week, costs $39 per month and requires customers to own the at-home fitness device.

    By • Sept. 30, 2022
  • A headshot of Jennifer Ingraffea.
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    Courtesy of The North Face
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    The North Face fills chief marketer, merchandiser spots with Nike vets

    Sophie Bambuck will take on the marketing role while Jennifer Ingraffea will fill the merchandising position as the brand builds out its leadership team.

    By • Sept. 28, 2022
  • Two shelves of Grove Collaborative products.
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    Courtesy of Grove Collaborative
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    Grove Collaborative doubles retail presence through CVS partnership

    As it tries to reach more consumers, the company is facing declining sales.

    By Tatiana Walk-Morris • Sept. 27, 2022
  • A room featuring a collection of Pattern's brands
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    Courtesy of Pattern Brands
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    Pattern Brands acquires Onsen

    The soft goods company, known for its premium towels, joins six other brands in Pattern's growing portfolio.

    By • Sept. 27, 2022
  • A Knix storefront in Santa Monica
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    Courtesy of Knix
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    Knix acquired for $320M

    The DTC brand was bought by health and hygiene company Essity, with founder Joanna Griffiths maintaining a 20% stake.

    By Tatiana Walk-Morris • Sept. 27, 2022
  • Camping in Spain.
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    Carlos Alvarez via Getty Images
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    Yeti CFO resigns following lukewarm earnings

    Paul Carbone, who took the company public during his first year as CFO, is departing to pursue another venture closer to family after four years in the role.

    By Elizabeth Flood • Sept. 27, 2022
  • Peloton Bike+
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    Courtesy of Peloton
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    Peloton’s head of marketing, chief commercial officer exit

    Dara Treseder is leaving Oct. 4 to become the CMO of Autodesk and Kevin Cornils exited last Friday.

    By • Sept. 26, 2022
  • Three people in bed with eye masks on surrounded by audio equipment.
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    Courtesy of Purple
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    Purple adopts poison pill, forms committee to evaluate takeover bid

    The DTC mattress brand last week received an unsolicited offer from Coliseum Capital Management.

    By • Sept. 26, 2022
  • Build-A-Bear Workshop store
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    "Potomac Mills Build-A-Bear Workshop" by Aolden23 is licensed under CC BY-SA 3.0
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    Build-A-Bear redesigns website

    The retailer has rebounded from the COVID-19 pandemic to see historically high revenues.

    By Tatiana Walk-Morris • Sept. 26, 2022
  • Two brides stand outside wearing white wedding dresses.
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    Courtesy of Eloquii
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    Eloquii debuts bridal line

    The collection will launch at Bridal Fashion Week in October and will be available for purchase on the DTC brand’s website.

    By Tatiana Walk-Morris • Sept. 22, 2022
  • A Nike storefront at The Grove shopping center in Los Angeles, California.
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    Cara Salpini/Retail Dive
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    Barclays downgrades Nike on inventory trouble, slowing demand and volatility in China

    The retailer’s strength in North America may no longer be enough to offset its challenges in China, the analysts said.

    By • Sept. 21, 2022
  • Exterior photo of a Ralph Lauren storefront.
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    Cara Salpini/Retail Dive
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    Ralph Lauren to open 250 stores in the next 3 years

    The luxury brand has exited most department stores to focus on its direct-to-consumer strategy. 

    By • Sept. 21, 2022