The Weekly Closeout: Kohl’s board chair to step down, Athleta debuts experiential fitness series

The department store said Peter Boneparth will retire in May, while the athletics brand is planning events across North America.

By Retail Dive Staff • Nov. 10, 2023

Dillard’s Q3 declines signal trouble for department stores

The retailer has been a standout in a challenged segment, but finally felt the brunt of consumer skittishness in the period.

By Daphne Howland • Nov. 9, 2023

Allbirds Q3 revenue drops over 21%, forecasts soft holiday season

The lifestyle brand reported a higher net loss and a decline in gross profit, with one analyst characterizing it as a "disastrous quarter."

By Dani James • Nov. 9, 2023

Digital Brands Group considers strategic alternatives

The lifestyle company, which has a brand portfolio that includes Sundry and Stateside, hopes to find shareholder value amid its public market performance.

By Dani James • Nov. 9, 2023

Warby Parker opened 11 new stores in Q3, raises full-year guidance

The vision brand's net revenue increased over 14% and executives said the company has long-term potential to operate at least 900 stores.

By Dani James • Nov. 8, 2023

Yeezy brings in $375M for Adidas in Q3, as overall net sales fall 6.4%

The company is undecided about how to handle remaining stock from a collaboration it nixed a year ago over problematic behavior from Ye.

By Daphne Howland • Nov. 8, 2023

Under Armour revamps marketing approach as outlook worsens

CEO Stephanie Linnartz also touted the addition of John Varvatos to its design team and said he is already building a “design-led culture.”

By Cara Salpini • Nov. 8, 2023

Rite Aid wants to sell 92 more store leases in Chapter 11

The offering is in addition to 78 leases and 21 stores and land parcels that went up for sale in mid-October as the retailer restructures in bankruptcy.

By Nate Delesline III • Nov. 8, 2023

Olaplex sales drop 30% amid a ‘lower level of demand’

The hair care brand narrowed its full-year guidance as well, though its owned e-commerce website experienced growth.

By Dani James • Nov. 7, 2023

Crocs tightens inventory control, including in ‘gray market’ channels

The brand has stopped price matching with unauthorized sellers on Amazon and taken corrective action against a distributor diverting to the U.S. without permission.  

By Ben Unglesbee • Nov. 7, 2023

Etsy reaches record 92M active buyers in Q3

The online marketplace acknowledged rising competition from Temu and Shein and issued cautious Q4 guidance. 

By Nate Delesline III • Nov. 3, 2023

Figs opens first brick-and-mortar store

The DTC healthcare apparel brand opened an LA shop, announced plans for a second location in Philadelphia and raised its full-year outlook.

By Dani James • Nov. 3, 2023

The Weekly Closeout: Christy Sports overhauls its C-suite, Simon malls to close on Thanksgiving

The outdoor retailer named a number of top positions, including CEO, while the REIT will shut most of its doors on the holiday.

By Retail Dive Staff • Nov. 3, 2023

CosRx acquired after Amorepacific takes controlling stake

The beauty brand will be integrated as a subsidiary of Amorepacific, which also houses brands like Laneige, Sulwhasoo and Innisfree.

By Caroline Jansen • Nov. 2, 2023

Crocs tops $1B in Q3 revenue, but Heydude continues to drag

Executives warned the holiday quarter could be rough for its DTC brand, with sales down as much as 25%, but said they still believe in its potential.

By Daphne Howland • Nov. 2, 2023

Peloton Q1 total revenue drops, expects muted holiday season

The fitness company's net loss during the quarter improved 61% and the brand reinstated full-year guidance. 

By Dani James • Nov. 2, 2023

Wayfair’s Q3 revenue up 3.7% after 9 consecutive quarters of declines

The online retailer also narrowed its loss in the quarter. But the company has a ways to go to recover from the sharp decline in demand in the category.

By Caroline Jansen • Nov. 1, 2023

Canada Goose taps new CFO, lowers full-year outlook

The luxury apparel brand saw direct-to-consumer revenue in Q2 increase 15% year over year as it focused more on the channel. 

By Dani James • Nov. 1, 2023

The Container Store expands higher-priced assortment as Q2 net sales tumble 20%

The retailer’s turnaround has been slow going, as consumers spend their discretionary dollars on other priorities.

By Daphne Howland • Nov. 1, 2023

Columbia reports $986M in Q3 sales, lowers full-year guidance

The company’s namesake brand led sales, while its prAna brand is undergoing a “reset.”

By Laurel Deppen • Oct. 31, 2023

Simon Property Group reduces stake in Forever 21 operator Sparc

CEO David Simon said the mall REIT will continue to monetize its retailer holdings due to their volatility.

By Daphne Howland • Oct. 31, 2023

UK private equity firm in talks to acquire The Body Shop

Owner Natura & Co. months ago told shareholders it was looking for buyers for the struggling personal care brand.

By Daphne Howland • Oct. 30, 2023

L Catterton sells stake in men’s apparel brand Rhone

The brand closed on a round of financing through a special purpose vehicle fund that allowed it to buy out the private equity firm’s minority stake.

By Howard Ruben • Oct. 30, 2023

Skechers’ DTC sales up 23.8% in Q3

The company said it was a “difficult year” for wholesale — which saw sales decline 1.4% in Q3 — and hopes next year may offer growth for the segment.

By Laurel Deppen • Oct. 27, 2023

Amazon sidesteps consumer woes with help from side businesses

Subscriptions, ads and third-party seller services outpaced growth in retail in Q3, and Prime Video will soon also be a money-maker.

By Daphne Howland • Oct. 27, 2023