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Reports: Nike Cutting Ties With Six Retailers, Including DSW and Urban Outfitters

Retail TouchPoints

Nike has been steadily growing its own DTC channel over the past decade: in 2011, DTC generated $3 billion , representing 16% of gross sales; by 2020, those numbers soared to $12.4 Nike isn’t the only apparel retailer with a strong wholesale presence looking to put a renewed emphasis on its DTC operations.

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Mattel launches online in Australia, with Retail Prodigy Group

Inside Retail

RPG is an Australian retail franchise partner for global brands and since 2011 has worked with Nike to expand its footprint across Australia and New Zealand. Our consumers are fans, looking to enjoy our brands in categories like apparel and homewares. Our new partnership with RPG lets us do just that.”

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Etsy Enters Booming Resale Sector with $1.6B Acquisition of Depop

Retail TouchPoints

billion as it looks to extend its reach both in the apparel sector and with Gen Z consumers. Founded in 2011, the marketplace first launched in the UK and then expanded to the U.S. Maker marketplace Etsy has agreed to acquire resale marketplace Depop for $1.6 according to Etsy. and Australia.

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Stitch Fix President to Move into CEO Role as Founder Katrina Lake Steps Down

Retail TouchPoints

Stitch Fix Founder and CEO Katrina Lake will step down from the helm of the apparel subscription service on August 1, 2021, and current President Elizabeth Spaulding will move into the top role. ” Lake founded Stitch Fix in 2011 and took the company public in 2017, making her the youngest woman at the time to take a company public.

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Torrid CFO/COO Resigns; No Permanent Replacement(s) Announced

Retail TouchPoints

His responsibilities will be handled by other executives at the apparel, intimates and accessories retailer. Harper was named CEO in May 2022; she had previously served as CEO of Torrid from 2011 to 2016 and served as CEO of Belk from 2016 to 2021.

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Torrid Appoints Retail Veteran as New CEO

Retail TouchPoints

Torrid has appointed Lisa Harper as its new CEO, as current CEO Liz Muñoz steps into a newly created position as Chief Creative Officer (CCO) at the apparel retailer that serves women sizes 10 to 30. Incoming CEO Harper has previously served as CEO of the plus-size retailer, from March 2011 until July 2016.

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J.Jill Names Retail Veteran as New CEO

Retail TouchPoints

Claire Spofford, once the SVP and Chief Marketing Officer of J.Jill , will hold the top spot at the women’s apparel retailer beginning Feb. Spofford, a 20-year retail veteran, was most recently President of Cornerstone Brands , a portfolio of four home and apparel lifestyle brands owned by the Qurate Retail Group. 2011 through Sept.

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