article thumbnail

Carter’s Begins Search for New CEO Following Retirement of 30-Year Company Veteran

Retail TouchPoints

Carters will kick off the search for a new leader following the retirement of Michael Casey, who has held the Chairman and CEO titles at the childrens apparel brand for the past 15 years, capping off his three- decade-plus career with the company. Westenberger joined Carters in 2009 and has held his current titles since March 2024.

Apparel 277
article thumbnail

As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s Not Easy Being (Truly) Green — But it’s Worth it

Retail TouchPoints

He discussed not just the business benefits of going green but the negative consequences of greenwashing like the $30 billion in fines Volkswagen paid when it was discovered that the carmaker faked emission test results in 2009. A Tale of Two Retailers Hayman also contrasted two apparel retailers and their overall approach to sustainability.

Returns 191
article thumbnail

YOOX Net-a-Porter’s THE OUTNET Continues Menswear Expansion with U.S. Launch

Retail TouchPoints

Launched in 2009, THE OUTNET is owned by Italian online fashion retailer YOOX Net-a-Porter Group and focuses on curated selections of past-season designer apparel. Discount luxury e-tailer THE OUTNET is adding menswear to its lineup in the U.S. following similar expansions beyond womenswear in the UK, EMEA and Asia earlier this year.

Apparel 278
article thumbnail

What Recommerce can Teach Retailers About New Consumer Behaviors and Future-Proofing Sales

Retail TouchPoints

In fact, apparel resale revenues are growing 24 times faster than retail apparel sales. . ThredUP, which calls itself one of the largest online thrift stores, reports that 33 million consumers bought secondhand apparel for the first time in 2020. . Understanding the Resale Phenomenon.

Consumer 325
article thumbnail

Report: Rent The Runway Exits Brick-And-Mortar

Retail TouchPoints

Founded as an e-Commerce business in 2009, Rent the Runway did not open its first retail location until 2014. It offers designer apparel and accessories for rent as a monthly subscription, or four- to eight-day rentals for a single occasion. It also partnered with West Elm to add décor and bedding to its merchandise collection.

Apparel 247
article thumbnail

How H&M, Nike and Kering are taking action on climate change

Inside Retail

If the fashion industry really wants to reduce its environmental footprint, Roger Lee, CEO of garment manufacturing firm TAL Apparel, said it needs to have a system in place. “We, TAL Apparel. The manufacturing firm has been focused on its environmental impact for years and created its first sustainability report in 2009. “We

Apparel 247