Financial News: Page 93
-
Courtesy of Nordstrom
Entireworld to shut down
The DTC apparel company offered the right product at the right time. But, an acquisition deal falling through led to the closure of the brand.
By Kaarin Moore • Oct. 15, 2021 -
Courtesy of Vuori
Vuori plans 100 US stores as it rakes in $400M investment
The recent funding from SoftBank Vision Fund 2 is four times higher than Allbirds' largest fundraise and positions it for global expansion.
By Cara Salpini • Oct. 14, 2021 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
Retrieved from Lulu's S-1 registration form on October 14, 2021
Lulu's joins bumper crop of retailers with plans to go public
The fast-fashion e-retailer says that brick-and-mortar apparel sales will increasingly be under pressure as younger consumers buy more online.
By Daphne Howland • Oct. 14, 2021 -
Best Buy pushes further into healthcare with Current Health acquisition
The platform allows for patient monitoring, telehealth and patient engagement, and follows similar moves by the retailer to offer tech-based health services.
By Kaarin Moore • Oct. 12, 2021 -
Courtesy of Diamonds Direct company blog
Signet snaps up Diamonds Direct for $490M in cash
The jeweler, which runs Jared, Kay and Zales, among other retailers, also raised its guidance for the year as it avoids supply chain snafus.
By Daphne Howland • Oct. 12, 2021 -
Courtesy of Lululemon
ColumnThe Weekly Closeout: Mirror plans Canada launch and what’s with all the e-commerce spinoffs?
Lululemon will expand the home fitness tech to nearly 200 stores, and Macy's is encouraged to follow department store Saks on a strange path.
By Retail Dive Staff • Oct. 8, 2021 -
Retrieved from Solo Brands on October 07, 2021
Owner of Chubbies and Solo Stove files for IPO
The outdoor brand platform joins a fast-growing cohort of DTC players making their exits for the public markets this year.
By Ben Unglesbee • Oct. 7, 2021 -
Daphne Howland/Retail Dive
With denim trends in its favor, Levi's shrugs off the price of cotton
The brand is mitigating expenses thanks to its tight supply chain control and maintaining momentum due in large part to its direct sales to customers.
By Daphne Howland • Oct. 7, 2021 -
Daphne Howland/Retail Dive
Macy's is reportedly being pushed to spin off its e-commerce business: Should any retailer do that?
Saks already did it, and Wall Street may want everyone to do it. Others are not so sure.
By Daphne Howland • Oct. 7, 2021 -
Private equity-owned PetSmart under scrutiny from Elizabeth Warren after activist group's report
The senator fired off a letter to BC Partners' chairman after an investigation claimed operations had deteriorated, putting workers and pets at risk.
By Ben Unglesbee • Updated Nov. 4, 2021 -
Courtesy of Rent the Runway
Rent the Runway files for IPO
The apparel rental site is unprofitable but said consumer interest in sustainability and secondhand clothes spurs its growth.
By Daphne Howland • Oct. 5, 2021 -
Cara Salpini/Retail Dive
Gap Inc. acquires artificial intelligence startup CB4
The purchase is the latest in a series of technological investments by the retailer.
By Tatiana Walk-Morris • Oct. 5, 2021 -
Pre-bankruptcy payouts under fire from government watchdog
Flailing retailers have paid many millions in retention bonuses to executives in the months and even days before a Chapter 11 filing.
By Ben Unglesbee • Oct. 4, 2021 -
Courtesy of Parade
Parade looks to physical retail as it raises $20M in Series B funding round
The DTC intimates brand said it plans to open its first physical "experience" in SoHo, New York, in November.
By Tatiana Walk-Morris • Oct. 4, 2021 -
Why retail bankruptcies have stopped dead — for now
Stimulus, vaccines and easy money have lifted even rickety ships in retail. Is it just a wave, or a new era of less distress?
By Ben Unglesbee • Oct. 4, 2021 -
Retail's pandemic bankruptcy bloodbath is over. But these 20 companies are still at risk.
Things are much better in the industry than in recent years. Retail will always be a tough business, though.
By Ben Unglesbee • Oct. 4, 2021 -
Courtesy of Gap Inc.
ColumnThe Weekly Closeout: The Yeezy Gap hoodie looks like a hoodie and Eastbay launches new private label
Kanye's latest Gap offering will ship in two to eight weeks, while Foot Locker's high-school focused brand introduced a performance line.
By Retail Dive Staff • Oct. 1, 2021 -
As it opens more brick-and-mortar stores, Ross hires new CFO
Adam Orvos, the retailer's head of supply chain administration, starts in the role on Friday. His predecessor, Travis Marquette, left for Burlington in July.
By Jane Thier • Oct. 1, 2021 -
Courtesy of Bed Bath & Beyond
Facing traffic declines, Bed Bath & Beyond swings to a loss
The retailer operates in a category that has experienced growth this past year, but falling foot traffic, among other issues, sent sales down double digits.
By Caroline Jansen • Sept. 30, 2021 -
Daphne Howland/Retail Dive
Claire's files for IPO 3 years after bankruptcy
Once another victim of private equity debt and mall disruption, the teen retailer reports growing sales and new investments in its business.
By Ben Unglesbee • Sept. 30, 2021 -
Joe Raedle via Getty Images
Dollar Tree expands its experiment with higher prices
The discounter is growing the footprint of new formats and upping prices at some core stores as rocketing supply chain costs squeeze profits.
By Ben Unglesbee • Sept. 29, 2021 -
Courtesy of Amazon
Morgan Stanley lowers expectations for Amazon shares as e-commerce gets more expensive
The online giant hasn't escaped the whipsawing of supply and demand during the pandemic, and it's been forced to balloon its logistics workforce.
By Daphne Howland • Sept. 28, 2021 -
Daphne Howland/Retail Dive
Analysts throw cold water on the great DTC pivot
A new report from BMO Capital Markets finds that direct sales by brands come with lower margins than through wholesale channels.
By Ben Unglesbee • Sept. 27, 2021 -
Courtesy of Ntwrk
Livestream shopping platform NTWRK raises $50M
The funding round comes as the livestream market is forecast to reach $25 billion by 2023.
By Tatiana Walk-Morris • Sept. 27, 2021 -
Cara Salpini/Retail Dive
Nike races ahead, with supply chain woes nipping at its heels
Sales grew 16% for the sportswear and shoe seller, but that number would have been higher if not for factory shutdowns and shipping headaches.
By Ben Unglesbee • Sept. 24, 2021
Previous
