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Under Armour Begins Search for New CEO as Frisk Steps Down

Retail TouchPoints

Frisk, who has been with the company since 2017 and at the helm since 2020, will stay on as an advisor through Sept. The last five years have been a turbulent period for the sportswear brand, which saw business begin to slide in 2017 following years of record growth. 1, 2022 to help with the leadership transition. ”

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How Advanced Email Analytics Helped Kerrits Boost its DTC Business 150%

Retail TouchPoints

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. Team development The LSKD team prides itself on actively creating a learning culture that encourages collaboration and accountability.

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Candles to cleaning: Diptyque finds beauty “where no beauty is expected”

Inside Retail

Interestingly, Diptyque is continuing to expand even further into the home – or rather, make a full circle return to it. According to the brand, Diptyque has experienced double-digit sales growth in South Korea annually since Shinsegae International secured the domestic sales rights in 2017. Creating a home away from home.

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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

Rollup firms are typically able to buy these Amazon businesses at anywhere from 4X to 6X EBITDA, sometimes less, according to Thomson: “As long as you manage to keep the same efficiency that any one of those accounts had when they were a standalone, you can get a 15X to 25X valuation on your company. There is massive financial arbitrage here.

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

Undeterred, FamilyMart returned just a few months later, but four years on it only has 130 stores, all in Ho Chi Minh City and neighbouring areas of Vung Tau and Binh Duong. In 2017, FamilyMart’s president Koji Takayanagi conceded the company was losing money in Vietnam (as well as in Indonesia and Thailand).

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

They got a lot of attention really quickly, and they got some good accounts. All the while, General Pants was Ksubi’s biggest account, so when the second iteration of the brand ultimately went into administration in 2014, General Pants took over running the brand. In 2008, they actually went into administration.

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