Remove 2020 Remove Marketing Remove Wholesale
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Vince Holding Corp. Changes Hands, Former CEO Brendan Hoffman to Return to the Helm

Retail TouchPoints

Hoffman previously served as CEO of Vince from 2015 to 2020 before leaving to lead Wolverine Worldwide, first as President and then CEO through August 2023. The brand also is sold in premium wholesale channels around the world and has a subscription service, Vince Unfold , that is operated by CaaStle.

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Marquee Adds Laura Ashley to Brand Portfolio

Retail TouchPoints

Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020. We acquired the British heritage brand out of insolvency in 2020 and built a flexible, scalable licensing business and a global ecommerce presence over the last four years, said Tobias Nanda, Head of Brands at Gordon Brothers in a statement.

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BJ’s Wholesale Club Positions Smaller Store Concept as ‘Innovation Lab’

Retail TouchPoints

BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. BJ’s market will offer the same product sizes and pricing as BJ’s club stores, as well as the same omnichannel services such as curbside pickup and same-day delivery. The first 43,000 -square-foot concept store opened in Warwick, R.I.

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Wholesale Marketplace Faire Triples Valuation with $260M in Fresh Funding

Retail TouchPoints

Online wholesale marketplace Faire has raised $260 million in a Series F funding round led by Sequoia Capital. billion valuation that followed its Series E round in November 2020. Even now, with Faire reaching $1 billion in annual volume in just four years, we believe the size of this market is vastly underestimated.”.

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DEI Deflates, Retail Media Rises, Mergers Flounder

Retail TouchPoints

Nike Plans to Cut $2 Billion in Costs, Layoffs Imminent as Strategy Pivot Continues (January 2, 2024) Increasing competition in the sneaker market and global macroeconomic headwinds pushed Nike to make major cost cuts, using tactics such as simplifying its product assortment and making greater use of automation and technology.

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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Introducing DTC Without Damaging Wholesale. The key in the end was to ensure that Natori.com wasn’t really competing with the brand’s wholesale partners.

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BJ’s Wholesale Club Taps DoorDash for On-Demand Delivery in 17 States

Retail TouchPoints

BJ’s Wholesale Club has partnered with DoorDash to offer on-demand grocery delivery from 226 locations across 17 states. Same-day delivery is a hot market attracting attention from multiple competitors, and it’s easy to see why. Products available for on-demand delivery include deli meat, dairy and other grocery staples.

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