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

Hoka Q2 sales increase driven by DTC

Parent company Deckers intends to divest Sanuk and teased the launch of a new footwear brand during a call with analysts.

By Dani James • Oct. 27, 2023

Solo Brands CFO to exit

Somer Webb will step down on Dec. 10 and be replaced in the interim by Andrea Tarbox as the company begins a search for a successor.

By Caroline Jansen • Oct. 26, 2023

Overstock plans to relaunch namesake website by the end of 2024

The company — which rebranded as Bed Bath & Beyond earlier this year — wants to sell clearance products through its old name.

By Nate Delesline III • Oct. 26, 2023

Barbie stokes Mattel’s Q3 sales, leaving Hasbro in the dust as holidays loom

The iconic doll's blockbuster movie has spurred a remarkable comeback. But the season still could be a tough one for toys.

By Daphne Howland • Oct. 26, 2023

Unilever to sell Dollar Shave Club

Private equity firm Nexus Capital Management will acquire the brand, though Unilever will keep a minority shareholder stake. 

By Dani James • Oct. 26, 2023

Hello Bello files for bankruptcy amid supply chain setbacks

The baby care company — founded by celebrities Kristen Bell and Dax Shepard — has agreed to a stalking horse bid from private equity firm Hildred Capital Management.

By Dani James • Oct. 24, 2023

Overstock to change corporate name to Beyond

The company is also moving its stock listing from the NASDAQ to the NYSE next month.

By Nate Delesline III • Oct. 24, 2023

Bankrupt Rite Aid cleared to pay $138M it owes suppliers

The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.

By Ben Unglesbee • Oct. 23, 2023

Canada Goose downgraded amid China headwinds

Analysts with Cowen and Wells Fargo also pointed to a warmer winter ahead as creating obstacles for the luxury apparel brand.

By Dani James • Oct. 20, 2023

The Weekly Closeout: REI to close on Black Friday, Claire’s releases Roblox experience merch

The outdoor retailer will also shutter on Thanksgiving as part of its Opt Outside campaign, while the accessories retailer is releasing physical merchandise based on its digital characters.

By Retail Dive Staff • Oct. 20, 2023

Adidas once again raises guidance thanks to Yeezy sales

The athletics retailer, which now projects an operating loss of 100 million euros for the year, said its core business also did better than expected in Q3.

By Cara Salpini • Oct. 18, 2023