Inside Retail

OCTOBER 20, 2023

The brand was acquired by Crescent Capital in 2017, but fell into voluntary administration in March 2020, largely due to the impact of the Covid-19 pandemic. It also lifted in-store average order value by 20 per cent over FY23 and has returned to profitability.

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Boutique Apparel Wholesale Returns 264

Retail TouchPoints

AUGUST 4, 2021

Amazon has introduced two new Fulfillment by Amazon (FBA) programs to help merchants selling on Amazon resell customer-returned or overstocked items. FBA Liquidations will provider sellers the option to use Amazon’s existing wholesale liquidation partners and technology to recoup potential losses on returned and overstock inventory.

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Merchant Services Returns Wholesale Apparel 299

Inside Retail

OCTOBER 20, 2021

We’ve just hired a new CFO, a new head of retail and wholesale, our new head of digital started in August and of course, myself. TW: Previous to administration [in 2020], we had 26 stores and nowadays we have 10. IR: What’s happening on the wholesale side of the business? That will be our main focus.

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Returns Wholesale Shipping Management 246

Retail TouchPoints

AUGUST 7, 2024

30, 2024, Liedtke will take over the brand post and report directly to President and CEO Kevin Plank, who returned to Under Armour in April 2024. The appointment comes with Under Armour’s acquisition of Unless Collective , a zero-plastic regenerative fashion brand that Liedtke co-founded in 2020. When Dausch leaves the company on Aug.

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Drop-Shipping Wholesale Customer Experience Shipping 264

Retail TouchPoints

SEPTEMBER 9, 2021

in Q2 2020, a sign that the brand is a high achiever both in-store and online. The company’s retail revenue rose 52% , with strong in-store sales offsetting an 18% decline in digital sales as shoppers returned to brick-and-mortar. Lululemon posted an extremely strong quarter, led by a 61% net revenue increase to $1.5

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Retail TouchPoints

MAY 19, 2022

Frisk, who has been with the company since 2017 and at the helm since 2020, will stay on as an advisor through Sept. He took over as CEO when founder Kevin Plank stepped down from the position in 2020 after 23 years at the helm. Browne has held the role of COO since 2020. 1, 2022 to help with the leadership transition.

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Inside Retail

JUNE 27, 2024

Bydee’s business boomed to new heights during the Covid-19 pandemic and resulted in a 700 per cent growth, from 2020-2021. I was thinking wholesale and was taking my product around to stores and I remember being rejected all the time. In August 2020, Bydee moved from a three-by-three-metre space into a 200sqm warehouse. “If

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Fast Fashion Shipping Wholesale Fashion 263

Retail TouchPoints

AUGUST 14, 2020

Lucky Brand is a wholesaler of dungarees and related lifestyle apparel as well as a retailer. In an analyst call following the release of Simon’s Q2 2020 earnings, Chairman, CEO and President David Simon said the company is not buying Lucky Brand or Brooks Brothers to recoup rent payments.

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Payment Services Wholesale Apparel Returns 264

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. in Q2 2021 while its digital comparable sales grew 10% , building on the 195% growth achieved in 2020. comparable sales growth during the quarter thanks to shoppers returning to the outdoors — well above the 0.2%

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Consumer Fulfillment Department Stores Sporting Goods 328

Retail TouchPoints

MARCH 11, 2021

Buoyed by a return to growth in Q4 2020, Adidas has unveiled a new growth strategy that will transform the company into a direct-to-consumer-led business with an emphasis on sustainability. The sportswear company’s new “Own the Game” 5-year growth strategy was unveiled at its Investor and Media Day March 10. More than €1 billion ( $1.2

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Planning Wholesale Sporting Goods Accounting 232

Retail TouchPoints

NOVEMBER 6, 2023

After measuring our first carbon footprint in 2020, our attention turned to reduction. By removing, replacing and reducing emission-intensive activities, Princess Polly has already seen a 17% intensity reduction on its 2020 baseline, a significant increase from its 7% goal for 2023.

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Wholesale Fashion Consumer Marketing 263

Inside Retail

SEPTEMBER 26, 2024

On March 20, 2020, Nike shares had dropped by a third from the previous month. John Donahoe the outsider was replaced with the returning ‘insider’ Elliott Hill and markets stabilised. Don’t underestimate the power of retailers The first is underestimating the power of traditional retailers, in this instance, sports wholesalers.

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Wholesale Marketing Consumer Returns 246

Retail TouchPoints

MARCH 28, 2023

listed shares drop nearly 70% since late 2020 amid China’s economic slowdown and a regulatory crackdown on internet firms in the country. The move is designed to “unlock shareholder value and foster market competitiveness,” according to the company , which has seen the price of its U.S.-listed com and other businesses.

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Wholesale Marketing Planning Returns 289

Inside Retail

JANUARY 28, 2024

After navigating voluntary receivership, which the brand entered in 2020, Tigerlily posted a revenue of about $20 million in FY22 and achieved 23 per cent overall growth in FY23 and returned to profitability. Tigerlily currently operates 10 Australian retail boutiques and distributes products globally via 40 wholesale partners.

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Wholesale Fashion Boutique Apparel 264

Independent Retailer

DECEMBER 27, 2022

Shipping and wholesale prices are plunging and orders are not being placed as often. . Wholesale Imports. A Look at the Wholesale Supply Chain in 2023. We expect wholesale prices to come down to almost variable costs, and we foresee market consolidation.” . Wholesale Imports. The Impact on U.S. back to top.

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Wholesale Drop-Shipping Shipping Marketing 98

Retail TouchPoints

MARCH 15, 2024

Founder Kevin Plank Returns to Lead Under Armour Kevin Plank will return to Under Armour as the company’s President and CEO, effective April 1, 2024. A veteran of Marriott International , Linnartz took over the role from former Aldo Group CEO Patrik Frisk, who replaced Plank in January 2020 but resigned a little over two years later.

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ATS Returns Wholesale Planning 264

Retail TouchPoints

APRIL 5, 2022

According to the NRF , the total rate of returns in 2021 was just over 16% — up 6 percentage points from 2020 — and the online portion accounted for almost 21% , or about $218 billion. Fewer returns also may drive cost savings that can help fund AR experiences and other CSR initiatives. Digital Pure Play.

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Merchant Services Beauty and Health Returns Consumer 272

Inside Retail

JUNE 27, 2022

Supply chain disruptions and Covid-related lockdowns failed to dent grocery wholesaler Metcash’s performance during the latest financial year, with the company reporting “strong growth” in all divisions. billion reflecting the return of on-premise liquor sales. Group revenue rose 6.4 per cent to $17.4 per cent at $299.6 per cent to $9.5

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Retail TouchPoints

MARCH 29, 2021

In 2020, total gross merchandise volume (GMV) on Amazon was approximately $490 billion , according to estimates from Marketplace Pulse , and $300 billion of that came from Amazon’s third-party marketplace. So Amazon’s nearly two million third-party sellers worldwide account for well over half of the platform’s total sales — 62% in 2020.

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Fulfillment Accounting Consumer Planning 344

Retail TouchPoints

DECEMBER 8, 2022

The stress of the pandemic sparked a surge in the wine, beer and spirits market: a 2020 RAND Corporation study found that alcohol consumption among adults 30 and older increased by 14%. However, beginning in late 2020, many people started to re-evaluate their habits and explore no- and low-alcohol (NA) beverage options.

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Fulfillment Marketing Customer Experience Consumer 278

Retail TouchPoints

MARCH 19, 2021

In 2020, the growth in online sales has accelerated to reach levels not expected until 2022 due to the pandemic. As businesses adjust to the turbulence of 2020 and into the “new normal,” it’s clear that for most retailers, a strategy to support digital sales and robust online customer service is essential to win a share of consumers’ wallets.

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Consumer Customer Experience Jewelry Wholesale 260

Retail TouchPoints

OCTOBER 26, 2022

After getting her MBA at Stanford, she returned to India and spent the next decade in retail, just as ecommerce was taking off in the country. These could be online retailers that have their own Shopify stores, wholesalers that stock in a certain set of stores or even interior decorators and home stagers,” explained Pany.

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Drop-Shipping Merchant Services Shipping Wholesale 287

Inside Retail

NOVEMBER 17, 2022

Within 12 months the online business grew from nothing, to well-in-excess of $6 million, with customers frequently returning to the website to buy products largely for gifting purposes. Koko Black also has a corporate, wholesale and fledgling international business.

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Supermarket Management Wholesale Returns 244

Retail TouchPoints

OCTOBER 14, 2021

They] are committed to making a wholesale shift to adapt everything they do — insight, data, engagement, responsiveness.”. The larger players are looking to double down on their 2020 gains with campaigns that will keep new customers right where they are. This is an especially critical holiday for retailers big and small alike.

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Marketing Promotions Consumer Customer Experience 299

Inside Retail

FEBRUARY 11, 2024

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. Omnichannel approach The business will continue to leverage its existing software technology to drive growth and efficiency in its retail operations.

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Planning Drop-Shipping Customer Experience Wholesale 264

Retail TouchPoints

JANUARY 13, 2022

Following a sharp contraction in 2020, the global luxury market surpassed pre-pandemic sales levels in 2021 — a resurgence powered by the U.S. has seen in the last two years, even as spending on other discretionary categories like travel and experiences returns. Anish Melwani, Chairman & CEO of LVMH Inc.,

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Consumer Marketing Jewelry Fashion 299

Inside Retail

OCTOBER 7, 2024

Former Nike executive Elliott Hill, who retired in 2020, will return to the company as its new CEO and president next week as John Donahoe is set to step down. Under Donahoe’s helm, the CEO bolstered DTC sales channels, shifting away from wholesale partners. However, the result was underwhelming.

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Wholesale Finance Consumer Marketing 130

Inside Retail

MARCH 8, 2022

The commission asked the government to undertake an independent review of the $22 billion annual grocery market in November 2020. It remains to be seen if recommendations to improve wholesale distribution and land availability will be enough to encourage new entrants.”.

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Wholesale Supermarket Consumer Checkout 130

Inside Retail

MARCH 7, 2024

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 It also has a wholesale presence in over 60 boutiques across Australia, Canada and Japan, as well as major Australian retailers including Myer, The Iconic, Universal Store, Princess Polly and Showpo.

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Boutique Apparel Fashion Wholesale 130

365 Retail

JUNE 21, 2021

Tesco has seen strong sales despite tough comparisons with 2020 (Nick Ansell/PA). The news comes as Tesco revealed sales managed to stay in positive territory in the 13 weeks to May 29 compared with a year ago, despite the same period in 2020 being during the height of the first lockdown when supermarket shelves were stripped bare.

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Checkout Returns Planning Shopping 62

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Indigo 9 Digital

NOVEMBER 16, 2023

Then there are those pesky returns. How often have you bought something online, then returned it without a second thought? million on advertising in 2019 and 2020 respectively. Then in 2020 Casper’s sales and marketing expenses were $156.8 Then there’s the cost of acquiring customers. Warby Parker spent $43.3 of revenue.

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Consumer Returns Advertising Marketing 98

Inside Retail

NOVEMBER 1, 2022

But such fiscal support is becoming increasingly fraught because so much money was borrowed by governments during 2020-21 that the cupboard is getting bare. The country’s Wholesale Price Index is up more than three times the pace of the CPI, at 9.7 Japan holds out. Japan is an excellent case in point. per cent.

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Wholesale Payment Services Finance Consumer 130

Inside Retail

JULY 2, 2024

These experiences create trust, reduce returns and enhance customer lifetime value,” she said. New competitors tapping into the personal shopping craze A newer player making strides in this highly competitive field is In-Seam, an e-commerce site launched in 2020 by former wholesale buyer and sales director Ann Wehren.

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Shopping Fashion Clienteling Consumer 147

Inside Retail

MAY 29, 2022

Nation had been largely focused on its wholesale distribution, explained Edwards. The business has enjoyed strong growth since 2020, as athleisure became integral to many people working from home through the pandemic. It’s a real ‘brand moment’.”. Up until recently, P.E. Nation’s new store on George Street, Sydney.

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Fashion Accessories Location Wholesale 130

Independent Retailer

MARCH 17, 2022

Ultimately, the pandemic was the first domino to topple, triggering what is known as the “bullwhip effect” : a (typically upward) change in supply demand on the retail level which generates grander distortions on the wholesale and manufacturer level. . Offer More Convenient Return Options, Such as At-Home Pickup.

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Returns Drop-Shipping Shipping Wholesale 52