Financial News: Page 179
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Courtesy of Inkey List
WWD: Sephora debuts low-price skincare brand Inkey List
The products, priced under $15, fall outside of the beauty retailer's core prestige beauty offerings, which may help broaden its customer base.
By Corinne Ruff • March 21, 2019 -
Nine West Holdings rebrands in Ch. 11 exit
With the namesake brand auctioned off, the newly-formed Premier Brands Group is going forward under private equity ownership.
By Daphne Howland • March 21, 2019 -
Retrieved from Walmart on October 31, 2018
Walmart CTO departs after laying digital groundwork
During his tenure, Jeremy King aided Walmart Labs' acquisitions, opened four more tech offices and set the company up as a "user of, and contributor to, the open source community."
By Samantha Schwartz • March 21, 2019 -
Joann fills CIO role ahead of in-store technology push
Varadheesh Chennakrishnan joins the craft retailer from Ulta Beauty, where he most recently served as SVP of applications and enterprise architecture.
By Samantha Schwartz • March 21, 2019 -
West Elm emerges as Williams-Sonoma's best growth option
E-commerce is also growing fast, and accounted for over half of the company's total revenues last year.
By Caroline Jansen • March 21, 2019 -
Kaarin Vembar/Retail Dive
Deep Dive7 memorable quotes from AAFA's Executive Summit
The event brought together some of the biggest names in retail, where concerns bubbled to the surface on topics regarding China and changing consumer trends.
By Kaarin Moore , Caroline Jansen • March 21, 2019 -
Brandless co-founder Tina Sharkey steps down as CEO
Nearly two years since launching the business, Sharkey will shift into a new role as co-chair of the board of directors.
By Corinne Ruff • March 20, 2019 -
Cara Salpini/Retail Dive
Glossier raises $100M in latest funding round
That pushed the startup to a $1.2 billion valuation, bringing it unicorn status, according to multiple reports.
By Cara Salpini • March 20, 2019 -
Tommy Hilfiger launches 'Sport' athletic line
The PVH-owned brand is getting into the activewear game, where competition is heating up but consumer enthusiasm endures.
By Daphne Howland • March 20, 2019 -
H&M to phase out cashmere amid sustainability push
The fast-fashion retailer is dropping the luxe fabric until its supply chain meets the company's environmental and animal welfare standards.
By Kaarin Moore • March 20, 2019 -
Brandless expands health and wellness assortment
This is the latest in a series of category expansions, following a move into pet and baby earlier this year.
By Corinne Ruff • March 20, 2019 -
Framebridge steps into brick and mortar with DC store
It's the first permanent location for the DTC custom framing company, but another is already slated to open next month in Bethesda, Maryland.
By Caroline Jansen • March 20, 2019 -
Deep Dive
The blunt truth: Cannabis retail is here
It's a growth industry where the potential is high, but retailers and consumers are both on a steep learning curve.
By Daphne Howland • March 20, 2019 -
"Michaels Arts And Crafts store - Saugus, Massachusetts" by Anthony92931 is licensed under CC BY-SA 3.0
Michaels losing market share in crafts
With the closure of its two other banners behind it, the retailer has work to do to yank back sales from competitors.
By Daphne Howland • March 19, 2019 -
Courtesy of DSW
DSW changes corporate name to Designer Brands Inc.
The company also revealed a three-year strategic plan to build exclusive brands through its Camuto Group tie-up.
By Corinne Ruff • Updated March 19, 2019 -
Victoria's Secret reintroduces swimwear
The brand had said that its decision to remove the category three years ago negatively impacted comp sales.
By Caroline Jansen • March 19, 2019 -
ThredUP: Resale will reach $51B in 5 years
About nine in 10 retail executives want to get into resale by next year, per the resale marketplace's annual report.
By Corinne Ruff • March 19, 2019 -
Retrieved from Walmart on December 05, 2018
Walmart sparks social media upset after cutting price-matching
The chain's app-based Savings Catcher program will end on May 14, with the company stating that it already offers the lowest price on most items.
By Robert Williams • March 19, 2019 -
Shopko gets court OK for liquidation plan
A judge approved the retailer's most recent revisions to its plan to wind down and distribute liquidation proceeds.
By Ben Unglesbee , Kaarin Moore • Updated June 10, 2019 -
Lane Bryant announces collaboration with Beauticurve
Fashion blogger and influencer Rochelle Johnson is rolling out a new collection that aims to reinvigorate the brand.
By Corinne Ruff • March 18, 2019 -
Macy's to outsource IT unit
After shuttering 100 stores nationwide, the department store is now on the hunt for other ways to save money in its operations.
By Daphne Howland • March 18, 2019 -
Showfields debuts brick-and-mortar space for online brands
Digitally native brands like quip and others will be housed in the immersive space for the next few months, CEO Tal Zvi Nathanel told Retail Dive in an interview.
By Corinne Ruff • March 15, 2019 -
Courtesy of Ulta
Ulta banks on exclusives to fuel growth after earnings beat
Partnerships with digitally native brands like Morphe and Kylie Cosmetics are paying off, and the retailer plans to double down on that strategy.
By Cara Salpini • March 15, 2019 -
Ascena Retail Group mulls its options after tough Q2
The apparel conglomerate is grappling with challenges both inside and outside its control.
By Daphne Howland • March 15, 2019 -
DTC brand Shoes of Prey shutters
The 10-year-old digitally native shoe brand, launched in Australia, closed after a roughly seven-month pause in its operations.
By Corinne Ruff • March 15, 2019
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