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Allbirds IPO to Value Retailer at $2.2 Billion

Retail TouchPoints

million shares of its stock at $12 to $14 per share. The retailer, founded in 2015 as an internet-only seller of wool footwear, expanded into apparel in August 2019 with the addition of sustainably manufactured socks and added an activewear category in August 2021. million in 2020. The company has not yet set a date for the IPO.

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Exploiting Loopholes: The Dark Side of Fast Fashion Giants Shein and Temu

Retail TouchPoints

Despite existing since 2008, Shein, and new kid on the block Temu broke out in the United States alongside a certain infectious disease following 2020. In fact, at the height of the pandemic, ecommerce sales accelerated by 43% from 2019 to 2020, according to the U.S. This region is already under scrutiny by the U.S.

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Away Seeks New CEO as Stuart Haselden Announces Departure

Retail TouchPoints

The company’s explosive growth was brought to a near standstill by COVID-19, with executives announcing furloughs, layoffs and store closures in response to a 90% decline in sales in April 2020 as the pandemic hit the travel industry hard.

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How a third-generation knitwear manufacturer aims to disrupt fashion

Inside Retail

He moved his premises offshore about 12 years ago. I joined forces with Tim in 2015, and in 2016, Mia Fratino was born. In August 2020, I took on my first employee, and we’ve now got five or six staff. The first three years of Mia Fratino were done on the kitchen table. Can you tell me more about that?

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Securing Retail Stores with AI-Powered Visual Gun Detection

Retail TouchPoints

In fact, according to the D&D Daily’s 2020 Retail Violent Fatalities Report , retail fatalities were up 40% between 2015 and 2020, with 2020 racking up the most fatalities and incidents ever reported in a single year. .

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M&S names Hugo Boss exec as new head of menswear design

Retail Gazette

Before his tenure at Hugo Boss, he served as a designer at Reiss from 2017 to 2020, Tom Ford from 2016 to 2017, and Belstaff from 2015 to 2016. ” Back in October, M&S launched its first dedicated menswear campaign since 2015 , marking a significant milestone for the category.

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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. On the same day, the company reported a 14.5 On the same day, the company reported a 14.5

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