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Milwaukee distributor hit with record fine for resale price maintenance

Inside Retail

Techtronic admitted it had entered into 97 agreements with retailers and dealers between January 2016 and July 2021. The conduct is harmful to price competition, resulting in consumers paying a higher price than they would in a truly competitive market, said ACCC deputy chair Mick Keogh.

Wholesale 272
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Under Armour Names Marriott Exec as Chief Customer Officer

Retail TouchPoints

As CCO, Dausch will lead global brand, marketing, digital engagement and customer experience across all of Under Armour’s commerce channels, reporting directly to CEO Stephanie Linnartz, who herself came to Under Armour from Marriott in December 2022. Miles, who also will report directly to Linnartz, joined Under Armour in 2021.

Apparel 279
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Torrid Appoints Retail Veteran as New CEO

Retail TouchPoints

As Torrid’s CCO, Muñoz will manage product, design, product development, fabrication, sourcing, technical fit, creative marketing and merchandising. Serving as Torrid CEO from August 2018 to April 2022, Muñoz led the retailer through the COVID-19 pandemic and a 2021 IPO.

Apparel 214
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Banana Republic Returns to UK and Ireland via Next plc Partnership 

Retail TouchPoints

Next partnership began in September 2021 when Gap closed all 81 of its UK and Ireland stores. had shuttered its UK Banana Republic ecommerce operations after closing the brand’s eight remaining stores in the region in 2016. “We has been scaling down its global business in a number of markets. The Gap Inc.-Next in a statement.

Returns 259
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Tesco group customer director Emma Botton steps down

Retail Gazette

In an internal memo seen by Marketing Week, it is not clear whether Botton will be directly replaced or whether the supermarket’s marketing team will face its second restructure in less than 12 months. While Bellini’s role was not directly replaced, Botton was promoted to group customer director.

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Belk Promotes Insider to CEO as Part of Ongoing Turnaround Effort

Retail TouchPoints

Patel has been with Belk since 2016, joining as EVP, GMM, Men’s and Ecommerce. Patel added the President title in 2020 as he assumed additional responsibilities for marketing and ecommerce. Hendricks also has been with Belk since 2016 and has prior retail experience from leadership roles with Gymboree , Hot Topic and Torrid.

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Mattress Firm Files for IPO 6 Years After Going Private

Retail TouchPoints

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. Mattress Firm first announced in September 2021 that it had confidentially filed to go public. In its fiscal year ended Sept. to hit approximately $4.4