Remove 2011 Remove Apparel Remove Finance
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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. Paula Dempsey, SVP of Finance and Investor Relations, will take on the role of interim CFO until a permanent successor is named. Torrid has had an unusually high number of top-level management changes over the past year.

Finance 269
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Why Online Marketplaces are Outpacing Ecommerce in a Post-COVID World

Retail TouchPoints

They pursued high-demand products with unforeseen urgency — first in critical categories like personal protective equipment, groceries and sporting goods, and followed more recently by apparel and beauty products. In the face of this product scarcity, the retailers that could fulfill consumer needs quickly were immediately rewarded.

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Analysis: Myer’s latest trading update raises key question about Premier deal

Inside Retail

Indeed, a strategic review prompted Myer to appoint KPMG Corporate Finance last February to pursue a sale of the three brands. The surprise decision by Myer to defer, if not abandon, divesting the three fashion brands in favour of scaling up Myer Specialty Brands by adding the Premier apparel brands could face significant investor resistance.

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Retail appointments of the week

Inside Retail

Gap plugs leadership holes with new CEO, head of Athleta By Sean Cao US-based apparel company Gap Inc has tapped experienced turnaround agent Richard Dickson as its new president and CEO, effective August 22. Packe initially joined the retailer in 2011, and has previously held the titles of head of sourcing and quality and sourcing director.

Apparel 130
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Untuckit is Setting Sights on Expansion and Internal Visibility is Helping it Get There

Retail TouchPoints

The apparel retailer is expanding its brick-and-mortar footprint with plans to open at least 14 new stores in 2024, bringing its store count to nearly 100. We started Untuckit online in 2011, but retail has really been the backbone of our company since 2015,” said Chris Riccobono, Founder and Executive Chairman of Untuckit in a statement. “As

Wholesale 130
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Patagonia makes it easier than ever to keep clothes in play

A1 Retail

With a long-standing commitment to repair, Patagonia has entered a new phase for its initiatives in Europe, as the outdoor apparel brand makes it easier than ever for customers to get their broken gear back into play. This was an ad placed in the New York Times on Black Friday 2011, asking people to consider the impact before buying new.

Apparel 52