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KMD Brands expects lower sales due to weak consumer sentiment

Inside Retail

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. Meanwhile, the group’s gross margin is anticipated to remain resilient at 58.8 ” The company is optimistic that the Rip Curl and Oboz wholesale channels will improve next year. per cent and 21.5

Consumer 278
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KMD Brands expects lower sales due to weak consumer sentiment

Inside Retail

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. Meanwhile, the group’s gross margin is anticipated to remain resilient at 58.8 ” The company is optimistic that the Rip Curl and Oboz wholesale channels will improve next year. per cent and 21.5

Consumer 286
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Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Retail TouchPoints

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

Wholesale 252
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BJ’s Wholesale Club President and CEO Dies at Age 48

Retail TouchPoints

BJ’s Wholesale Club President and CEO Lee Delaney died unexpectedly on April 8 due to presumed natural causes. He first joined BJ’s in May 2016 as EVP and Chief Growth Officer, and he had prior experience as a partner in the Boston office of Bain & Company and a leader in the firm’s Consumer Products practice. “We

Wholesale 264
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What does wholesale look like in 2023?

Inside Retail

The traditional wholesale model is broken – and Covid is not to blame. Consider how a traditional wholesale deal works. One thing the Covid pandemic has done is made consumer demand more erratic than ever before; retailers suffer the risk of building stockpiles of products that cannot be sold at profit.

Wholesale 246
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TradeSquare Connect converts 100 Australian brands into wholesalers

Inside Retail

Australian B2B marketplace TradeSquare has expanded its reach by creating a spin-off solution – TradeSquare Connect – that allows businesses that do not otherwise have a wholesale offer to launch one using its platform. The company says sales are continuing to grow at a double-digit rate every month.

Wholesale 263
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Casper CEO’s Roadmap to Profitability: Control Costs, Expand Wholesale and Cater to Customers

Retail TouchPoints

Joe Megibow may be new to the CEO role at Casper , but he’s very much a known entity in the retail industry. This was on full display during an impromptu stroll across the Mandalay Bay resort at Shoptalk in Las Vegas last month, during which he was stopped repeatedly. That right there is the thread across every company I’ve worked at.

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