Beyond Meat CFO takes on chief accounting officer responsibilities

Following Henry Dieu’s departure from the plant-based pioneer, Lubi Kutua is adding to his already full plate.

By Elizabeth Flood • Jan. 12, 2024

Rent the Runway to cut 10% of its corporate workforce, COO resigns

The designer rental service is launching a restructuring plan, which it says will result in $11 million to $13 million in annualized run rate cash savings.

By Laurel Deppen • Jan. 10, 2024

Authentic CEO: Buying Forever 21 ‘biggest mistake I made’

Jamie Salter also says Shein makes “a lot more than $30 billion” and hinted that the brand licensing firm could go public in the next 18 months.

By Cara Salpini • Jan. 10, 2024

Mango plans to open 500 new stores by 2026

The apparel brand, which is celebrating its 40th anniversary, will expand and launch stand-alone Mango Home locations.

By Kaarin Moore • Jan. 9, 2024

Fitch: ‘Rising headwinds’ are rushing toward consumers in 2024

During a panel at the ICR conference, the ratings agency predicted shoppers will seek out greater value in 2024 as high debt levels and reduced savings catch up to them.

By Cara Salpini • Jan. 9, 2024

The Container Store lowers Q3 sales guidance

The retailer cited “challenging business trends” in revising its financial outlook.

By Nate Delesline III • Jan. 9, 2024

Lululemon raises Q4 revenue outlook

The athletic apparel retailer credited the holiday season for helping to drive performance near the end of the year.

By Nate Delesline III • Jan. 8, 2024

New CEO at Solo Brands as Q4 sales disappoint

Former Vista Outdoor CEO Christopher Metz will replace John Merris later this month, as the company lowers guidance for the fiscal year.

By Daphne Howland • Jan. 8, 2024

7 retail trends to watch in 2024

From economic pressures weighing on consumers to relocating stores away from malls, here’s what’s on retailers’ minds heading into the new year.

By Retail Dive Staff • Jan. 8, 2024

Amer Sports files for IPO

The company behind Wilson tennis rackets and Arc'teryx winter sport apparel is focused on adding physical stores and growing its DTC presence.

By Nate Delesline III • Jan. 5, 2024

Chico’s joins Sycamore’s KnitWell Group

Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.

By Daphne Howland • Jan. 5, 2024

Party City balloon supplier Anagram exits bankruptcy

In a deal with a group of investors, the balloon manufacturer will operate as an independent company and continue supplying Party City.

By Nate Delesline III • Jan. 4, 2024

Walgreens slashes dividend as US retail drags in Q1

Traffic and sales at the company’s U.K. Boots locations benefit from strength in beauty, while in the U.S. it’s more focused on healthcare services.

By Daphne Howland • Jan. 4, 2024

Digital Brands Group expects to earn $27M in revenue in 2024

The company, which is undergoing a strategic review, said it is working to boost shareholder value.

By Laurel Deppen • Jan. 4, 2024

The Backroom: Doug Stephens’ retail predictions for 2024

The retail and branding expert discusses the state of the consumer, the habits companies should leave behind in 2023 and what lies ahead in the new year.

By Retail Dive Staff • Dec. 28, 2023

Zulily goes out of business, plans to liquidate

The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership. 

By Nate Delesline III • Dec. 26, 2023

Nike unveils $2B cost-savings plan to drive growth, profitability

The retailer is streamlining the organization, simplifying its product portfolio, increasing automation and using scale to drive efficiencies.

By Cara Salpini • Dec. 22, 2023

With Series A investment, Iris&Romeo to enter Sephora

The clean beauty brand received an investment from True Beauty Ventures, whose portfolio also includes BeautyStat, Caliray, Vacation and Dieux.

By Howard Ruben • Dec. 22, 2023

The Weekly Closeout: Ecco opens in SoHo and will Something Navy be sold for $1?

The footwear brand opened in New York City as it celebrates its 60th anniversary, while the blogger-founded apparel company reportedly will be sold.

By Retail Dive Staff • Dec. 22, 2023

J.C. Penney Q3 sales decline, loss widens

The department store said the $1 billion turnaround announced earlier this year has already boosted traffic and loyalty, but is it bold enough?

By Daphne Howland • Dec. 21, 2023

Private equity firm agrees to buy Uoma Beauty assets

MacArthur Beauty “saw an opportunity to save this brand and turn it around” after the company received a warning notice from the U.K. government.

By Caroline Jansen • Dec. 21, 2023

Farfetch to be acquired by Coupang in a $500M deal

As a result, Farfetch will be delisted from the NYSE, and its agreement to buy Yoox Net-a-Porter from Richemont has been terminated.

By Lara Ewen • Dec. 19, 2023

Amyris to sell JVN brand for $1.25M

Windsong Global was the successful bidder. Rose and Stripes were also auctioned off as part of Amyris' bankruptcy process.

By Dani James • Dec. 18, 2023

Unilever to sell portfolio that includes Q-tips, Noxzema

Under a newly arrived chief executive, the consumer products giant also unloaded Dollar Shave Club earlier this year.

By Daphne Howland • Dec. 18, 2023

Showfields landlord, funders voice concern over bankruptcy financing

The retailer's Brooklyn landlord objected to its proposed DIP financing, alleging Showfields has insiders involved with the lender. Meanwhile, the CEO said the company is working on "reaching a resolution" with creditors.

By Dani James • Dec. 15, 2023