article thumbnail

Kurt Geiger is ‘Going Big in North America’ with Plans for 50 U.S. Stores

Retail TouchPoints

British footwear and accessories label Kurt Geiger has unveiled plans to bring its London verve across the pond in a big way. From 2018 to today, gross sales have grown 100X , from 2.5 Following the opening of its first U.S. store, at the Mall at Millenia in Orlando in early 2024, the brand has opened its next three U.S. million ($3.1

Planning 301
article thumbnail

Navigating the Tariff Era: A Strategic Roadmap for Retailers

Retail TouchPoints

The Scars of the 2018-2019 U.S.-China China trade war of 2018-2019 offers a cautionary tale about the far-reaching consequences of tariffs. In 2018, more than one-third of apparel imports flowing into the U.S. China Trade War: A Case Study in Disruption The U.S.-China During this period, the U.S.

Apparel 278
Insiders

Sign Up for our Newsletter

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

article thumbnail

New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward

Retail TouchPoints

Dillards has been executing a highly successful strategic plan focused on improving operating margins, prudently managing capital expenditures and aggressively returning capital to stockholders, said James Mitarotonda, Chairman of Barington in a statement. However, we are concerned with Macys large capital expenditure programs.

Returns 297
article thumbnail

Wonder Buys Media Company Tastemade for $90 Million

Retail TouchPoints

Wonder, which was founded by Jet.com entrepreneur Marc Lore in 2018, purchased meal kit company Blue Apron in October 2023 for $103 million and in November 2024 acquired Grubhub for $650 million. Walmart in February 2024 , and in March 2024 Wonder raised $700 million and announced plans to operate 90 physical locations by the end of 2025.

article thumbnail

Toys R Us collapses again, goes into administration

Inside Retail

Since having previously entered into administration in 2018, the company shifted to an online-only model. Although the company had been pursuing a recapitalisation with its primary stakeholders, it believes that Toys R Us is no longer in a position to pursue a solvent recapitalisation plan. “In million compared to $5.9

Planning 179
article thumbnail

Claire’s Reportedly Exploring Sale as Competition, Tariffs Dampen Business Outlook

Retail TouchPoints

The company has been primarily owned by Elliott Management and Monarch Alternative Capital since its bankruptcy in 2018. The company had planned to go public in 2021, but scrapped those plans two years later. Now, bankers at Houlihan Lokey have been engaged to lead a search for potential buyers.

article thumbnail

Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone

Retail TouchPoints

The JV also has made a $190 million investment in some of the other brands managed or co-owned by Bluestar, including Hurley , Justice and Scotch & Soda , and announced plans to acquire the assets and IP of the Bebe and Brookstone brands. and managed by Bluestar since 2018. Both brands have been owned by Bebe Stores, Inc.

Finance 162