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

Activist firm calls VF Corp. headquarters a ‘Death Star,’ demands $300M in cost cuts and a board shakeup

But some proposals floated by Engaged Capital are already in place under new CEO Bracken Darrell and could take time to bear fruit, Wedbush said.

By Daphne Howland • Oct. 18, 2023

Rite Aid gets court OK for nearly $3.5B in bankruptcy financing

The pharmacy retailer also wants to sell nearly 100 store leases, properties and pieces of land in 12 states as it looks to restructure.

By Nate Delesline III • Oct. 18, 2023

Tupperware appoints new CEO, shakes up board

The company filed its delayed 2022 annual report on Friday and tapped former Spanx CEO Laurie Ann Goldman to take on the chief role.

By Dani James • Oct. 17, 2023

Rite Aid files for Chapter 11 bankruptcy, names new CEO

The pharmacy retailer plans to use bankruptcy to shrink its store footprint and manage a nearly $4 billion debt load.

By Nate Delesline III • Oct. 16, 2023

Party City emerges from bankruptcy, CEO to exit

Brad Weston will step down from the top executive role, while current Chief Commercial Officer Sean Thompson will become the company’s interim.

By Kaarin Moore • Oct. 13, 2023

Melissa & Doug to be acquired for $950M

The toy company will join Spin Master's portfolio, which includes children’s brands Paw Patrol, Bakugan and more. 

By Dani James • Oct. 12, 2023

Ross caps off yearly opening plans with 51 new stores this fall

The off-price retailer, which opened 97 locations in fiscal 2023, raised its guidance in August on top of 7.7% sales growth.

By Nate Delesline III • Oct. 11, 2023

Birkenstock sets IPO at $46 per share

The German footwear brand's offering is around the mid-point of its expected price range and puts it at an $8.6 billion valuation.

By Dani James • Oct. 11, 2023