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Following the bankruptcy of Quiksilver store operator Liberated Brands earlier this month, Quiksilver owner Authentic Brands Group has moved swiftly to ensure that Quiksilver-branded apparel is still available to consumers. and Canada.
Renewed Focus on Wholesale Nike CEO Elliott Hill. Photo courtesy Nike) Hill emphasized on the earnings call that improving and expanding sales in the wholesale channel is a key Nike initiative under his watch. We’re also strategically adding more points of distribution to be in the path of a wider range of consumers.”
A growing number of consumers are concerned about how their purchasing decisions impact the planet, but even the most sustainability-savvy customer may be confused about how best to align purchases with their green principles. Consumers Overwhelmed by Insufficient or Contradictory Sustainability Info. In fact, half of the 1,000 U.S.
Apparel business Hard Rock has been caught engaging in resale price maintenance as well as making misleading representations about consumers rights. Consumers are entitled to a repair or replacement if a product is faulty and can choose to receive a refund if the fault is major.
The Children’s Place, which operates retail and wholesale divisions for its eponymous brand as well as for Gymboree , Sugar & Jade and PJ Place , has had a rough year. Shein opened its online marketplace to third-party sellers in May 2023 , but until now most of those merchants have been China-based, non-branded manufacturers. ”
Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. The brand expects to be in approximately 10,000 stores by the end of 2022 as it shifts its toward direct-to-consumer (DTC) channels. “I ”
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. However, the merger plan faces a likely regulatory hurdle after the Australian Competition and Consumer Commission has indicated a number of competition concerns.
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. This is also the reason why the brand doesnt sell its products on a wholesale basis. I think because we haven’t had wholesalers and stakeholders, we’ve been able to nurture that.
Online wholesale marketplace Faire has raised $260 million in a Series F funding round led by Sequoia Capital. Faire will use the new funding to continue its geographic expansion, including to additional European markets, as well as moving into new categories such as food and apparel.
The selections will include items from multiple apparel types across the men’s, women’s and kids categories, and marks the return of Nike to wholesale after it began slashing third-party offerings in late 2021. The return of Nike in Q4 2023 could help improve revenue for Designer Brands, which saw a sales decline of 10.7%
Palladini brings more than 30 years of senior leadership experience to the baby and child apparel retailer. As a result, the apparel and accessories business swelled to account for nearly 20% of total sales. In his time at Vans , a division of VF Corporation, he more than doubled global revenue to over $4.2
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. And earn his stripes he has. I Would Always Rather Over-explore than Under-explore’.
As digital commerce expands and consumers increasingly demand same-day or next-day delivery options, implementing advanced solutions like voice picking technology can transform how retail distribution centers operate. A multi-channel retailer and North Americas leader in womens apparel and lingerie with more than $1.75
With the launch of SA1NT Layers, Former 2XU owner Aidan Clarke has gone back to his roots, with a renewed focus on performance and recovery sportswear apparel. We have evolved our moto jeans and fabrics no less than six times, and this obsession to set the standard and keep raising the bar is now driving us to stand out in sports apparel.
Journeys , one of the largest footwear retailers in the country with over 1,000 stores in North America, has been one of the most important large wholesale accounts for footwear brands for decade. Modern consumers, especially Gen Z, no longer define themselves by rigid categories like “skater” or “preppy,” he said.
Apparel brands Lacoste and Dickies have appointed Accent Group as their exclusive distributor in Australia and New Zealand. Both brands are sold in ANZ through direct-to-consumer, online and owned stores, and via wholesale channels. The initial deal has an eight-year term.
Wholesale revenue fell 12 per cent, and direct-to-consumer sales decreased by 8 per cent, driven by a planned reduction in e-commerce promotions. By product, apparel sales dropped by 12 per cent, footwear by 11 per cent, and accessories rose 2 per cent. However, the company’s gross margin improved by 200 basis points to 49.8
The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated.
French outdoor adventure and lifestyle brand Salomon has recently become a staple of style-conscious sneakerheads, despite traditionally being known for its functional hiking and trail apparel. Providing unique experiences for consumers, and investing in and helping to build outdoor communities is important to Salomon,” he added.
Fast forward to 2024, it has expanded into apparel while leading the retail industry in sustainability measures. NY: The majority of consumers are not ready to spend on high-value products that have a higher price point than fast-fashion brands. Paire first launched in 2020 with a single product, socks.
Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%.
Australians have been outed as the worlds biggest fashion consumers, purchasing on average 56 new items of clothing per person each year. However, the garments most consumers purchase are rarely locally made and, according to The Australia Institute, their average value is just $13. This is only fuelling the fast fashion waste crisis.
based wholesale and retail business assets of the Scotch & Soda brand, which will allow its products to be sold in retail stores across the country. Currently the Amsterdam-based brand’s apparel, eyewear, fragrances and accessories are available in stores across Europe, North America, the Middle East, Africa and Australia.
For cult-favourite apparel and lifestyle brand LoveShackFancy, however, there seems to be no limit to the retail categories it can enter, nor to the ones its customers will line up to purchase. What role does physical retail play in the brand’s ability to connect with its consumer base?
The most recent Australian addition to New York Citys retail scene is luxury apparel brand Camilla. Founded by leading Australian fashion designer Camilla Franks in 2004, the eponymous apparel and accessories brand has been taking the world by storm with its aesthetic approach to bohemian-inspired designs.
The fashion industry experiences more returns than any other, with over two-thirds of consumers returning clothing or footwear in the past year. Dive Brief: E-commerce retailers with generous return policies have greater brand loyalty than those with stingier ones, according to a Rithum survey of 6,000 consumers released last month.
Sweaty Betty makes more than 80% of its revenue through the direct-to-consumer channel, which was a boon during the 2020 lockdowns. The retailer reported “ triple-digit digital growth” for the year alongside 60% overall revenue growth as customers stocked up on apparel for their at-home exercise routines, according to The Evening Standard.
Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. Despite a challenging wholesale market, group wholesale sales grew by 11 per cent.” Sales grew 12.6
There is also subdued consumer sentiment and the rising cost of doing business. It aims to entrench itself as a lifestyle brand renowned for delivering affordable discretionary luxury to its consumers year-round. It’s not easy to be a mid-market retailer in Australia right now. Growth opportunities are hard to come by.
Several of the nation’s largest retailers, including Target , Macy’s , Gap and BJ’s Wholesale Club , struggled during Q3, with all reporting net sales declines and all but one showing a fall-off in comparable store sales. and a slight comp sales increase of 0.3%. 28, 2023, by 4.3% and 3% respectively. Overall, Gap’s net sales of $3.8
Five years after launching into the market with its hero product, a true-blue fitted t-shirt, the brand now operates 9 brick-and-mortar stores, alongside thriving direct-to-consumer and wholesale operations. Men are increasingly looking for apparel that is stylish, comfortable, and delivers on quality and value.
Athletic apparel brand Under Armour posted revenue of US$1.6 The dip in North American sales continues to be a concern as this is Under Armour’s largest market by some margin, and is also a region where consumer spending has, generally, held up quite well.” Apparel revenue increased 3 per cent to $1.1
Cramer also has experience working with brands targeting younger consumers, similar to Claire’s, from his time as President of Parade , a Gen Z-focused intimates and lifestyle apparel retailer. The accessories retailer has forged wholesale and shop-in-shop partnerships with major U.S.
Launched in 2016 as a DTC business, Vuori has since expanded to brick-and-mortar via wholesale at retailers including Nordstrom and REI , as well as with 10 standalone stores. Despite a widespread return to offices and schools, consumers still appear to be enjoying the more comfortable fashions they adopted in droves during the pandemic.
The wholesale partnership will help Athleta meet its goal of reaching $2 billion in net sales by 2023 while giving REI a selection of women’s activewear items — a category that has held strong throughout the pandemic. REI Co-op will stock a curated selection of Athleta products at 135 of its stores nationwide and online.
Jamie Salter, founder, chairman and CEO of Authentic Brands, said Rockport’s core consumer is “more active” than ever. The brand’s offering is a perfect addition to our portfolio with opportunities for category expansion into apparel, accessories, outerwear, travel and more.
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.
Marc Fisher will now also take on Rockport’s footwear design, wholesale and ecommerce operations in the U.S. Rockport’s core consumer is more active than ever,” said Jamie Salter, Founder, Chairman and CEO of Authentic said in a statement.
Outdoor apparel retailer KMD Brands has reported a “record” first half driven by strong sales recovery across all three of its brands. per cent of direct-to-consumer (DTC) sales. Group CEO & MD, Michael Daly, said all three brands delivered strong sales growth in the half despite uncertainties in consumer outlook.
Sports apparel company Under Armour has reported a rocky start to fiscal 2025, with revenue down 10 per cent to US$1.2 Wholesale revenue dwindled by 8 per cent to $681 million, while direct-to-consumer was down by 12 per cent to $480 million. billion, and an operating loss of $300 million.
New concept stores, wholesale distribution and an online shopping site are set to roll out early next year. . These include Review, Yarra Trail, Marco Polo, Black Pepper, Breakaway, Everlast, Lonsdale and Bluey, which are sold through own stores and wholesale partners, such as Kmart, Rebel and David Jones. “It 550 million company.
Only consumers only had 17% of their shopping done by early July, and 54% said they held off on spending because they didn’t know what they needed. Retail, Wholesale and Distribution leader in an interview with Retail TouchPoints. Consumers’ desire for fast, efficient shopping is giving big-box retailers an advantage.
Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half. per cent in the first half while direct-to-consumer (DTC) same-store sales climbed up 2.1 Group sales for the half were recorded at $379.95 million (NZ$407.3
“We are entering this next phase of growth with strong momentum, proven execution and a bold strategy to increase profitable top-line growth annually by 6% to 8% , growing our direct-to-consumer business to 55% of revenue and nearly doubling the women’s business.”. billion this year.
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