Retail TouchPoints

FEBRUARY 9, 2023

“This partnership with Citi Retail Services advances our vision of ‘Making Dream Homes Come True’ by delivering extra savings through special finance offerings, Club O rewards on all purchases and an easy and enjoyable shopping experience.

Home Furnishings 278

Home Furnishings Finance Department Stores Apparel 278

Retail TouchPoints

MAY 3, 2021

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Tapestry has named Scott A.

Finance 264

Finance Apparel Accounting Promotions 264

Retail TouchPoints

AUGUST 8, 2022

Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics. He also spent time with Lands’ End , Gap , Disney , Coldwater Creek and Amgen.

Finance 270

Finance Store Operations Apparel Accounting 270

Retail TouchPoints

MAY 18, 2023

His responsibilities will be handled by other executives at the apparel, intimates and accessories retailer. Paula Dempsey, SVP of Finance and Investor Relations, will take on the role of interim CFO until a permanent successor is named.

Finance 269

Finance Accessories Apparel Management 269

Retail TouchPoints

AUGUST 13, 2020

Apparel companies, in particular, are constantly experimenting with new products and designs or expanding into different markets, only to find that they may have misjudged demand. In March, apparel sales dropped by more than 50%, and now those retailers are sitting on two seasons’ worth of clothing.

Apparel 279

Apparel Inventory Management Finance Returns 279

Retail TouchPoints

MARCH 15, 2021

It was acquired by online apparel rental startup Le Tote from then owner Hudson’s Bay Co. Now Saadia Group is planning Lord & Taylor’s revival with a revamped website that initially will focus on women’s and men’s apparel, homewares and beauty, according to Women’s Wear Daily. Known as the oldest department store in the U.S.,

Returns 279

Returns Department Stores Apparel Finance 279

Retail TouchPoints

JANUARY 18, 2024

He will wear both hats until Target names a new finance chief. Chief Merchandising Officer Jill Sando will handle discretionary categories as CMO of Apparel and Accessories, Home and Hardlines. Target has tapped Michael Fiddelke, who has served as the retailer’s CFO since November 2019, to add the COO role to his responsibilities.

Fulfillment 263

Fulfillment Finance Accessories Apparel 263

Inside Retail

DECEMBER 11, 2022

She has previously worked as a senior executive with leading advisory firms, including EY, Deloitte, and KordaMentha, and is now a professional company director, sitting on the boards of businesses across a range of different sectors, including a spell at online apparel retailer SurfStitch.

Finance 246

Finance Apparel Accounting Management 246

Retail TouchPoints

SEPTEMBER 8, 2023

Fashion apparel retailer Express, Inc. Prior to this role, he served as the company’s CFO and was responsible for worldwide financial planning, finance and accounting functions, and also has served at companies including Molson Coors, KPMG and the Hackett Group.

Consumer 255

Consumer Apparel Accounting Finance 255

Retail TouchPoints

JULY 6, 2020

The manufacturer and retailer of vintage-inspired casual apparel plans to continue operating the majority of its stores, along with its e-Commerce site and wholesale business, during bankruptcy. million in debtor-in-possession financing, according to bankruptcy filings. “We Lucky Brand has obtained $15.6

Finance 234

Finance Wholesale Apparel Planning 234

Inside Retail

JUNE 8, 2022

Lululemon Athletica and H&M Group are among backers of a $250 million fund aiming to speed up efforts to cut carbon emissions in the fashion industry’s supply chain, non-profit group Apparel Impact Institute said on Wednesday.

Fashion 246

Fashion Apparel Finance Accessories 246

Retail TouchPoints

AUGUST 14, 2020

At the beginning of the pandemic, CEO and Cofounder Jennifer Hyman cut costs by 51% , raised additional financing and scaled back capital outlay by shifting from buying merchandise to a revenue-sharing consignment model, according to a July 2020 article in The Wall Street Journal.

Apparel 247

Apparel Returns Finance Accessories 247

Retail TouchPoints

MARCH 21, 2024

“The bride’s special day, and the festivities leading up to it, is all about her, and her experience should be personalized to reflect that,” said Kelly Cook, President of Brand, Technology and Finance at David’s in a statement. “We We are obsessed with going the extra mile for her.

Finance 263

Finance Apparel Planning ATS 263

Retail TouchPoints

DECEMBER 8, 2020

The apparel and accessories retailer is seeking to sell both its brick-and-mortar locations and its ecommerce holdings. The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance.

Boutique 200

Boutique Finance Accessories Apparel 200

Inside Retail

APRIL 1, 2025

Yet we still saw an appetite amongst retailers for investing in technology such as artificial intelligence (AI) to drive efficiencies across operations, finance and compliance obligations. We sat down with leading retail finance experts from The Reject Shop, Forever New, Taking Shape and Vinomofo to find out.

Promotions 130

Promotions Finance Markdowns Drop-Shipping 130

Retail TouchPoints

MARCH 3, 2021

For businesses in the apparel and home goods market in particular, both of which have blossomed over the past year, on-demand manufacturing is a highly effective approach to scaling their operations. That usually leads to overproduction, especially in the fashion and apparel industry where styles and trends can rapidly shift.

Finance 232

Finance Apparel Accounting Consumer 232

Inside Retail

JANUARY 18, 2024

Globally, the UPF (ultraviolet protection factor) apparel market is set to reach US$1.4 Young said the decision to take on funding from ABGF was not about the numbers, but rather accessing the organisation’s network to drive further growth in Asia, Europe and North America, as well as the children’s UPF apparel market. “We

Apparel 264

Apparel Wholesale Accessories Finance 264

Inside Retail

JUNE 7, 2022

Custom apparel retailer Institchu has just unveiled an innovative new technology that will offer other brands the same made-to-measure capabilities it has in its business. The newly launched software-as-a-service product, called Taper, will make it easy for traditional retailers to begin custom tailoring apparel for their shoppers.

Apparel 243

Apparel Fast Fashion Fashion Finance 243

Retail TouchPoints

SEPTEMBER 29, 2022

In 2021, the company closed Series B financing, setting the stage for the brand’s 97% YoY growth for the year. Knix was founded in 2013 on the premise that the foundationwear category should include leakproof underwear and apparel such as activewear as it attempted to dispel stigmas related to women’s bodies. billion in the U.S.

Apparel 182

Apparel Finance Advertising Consumer 182

Retail Dive

OCTOBER 30, 2023

The brand closed on a round of financing through a special purpose vehicle fund that provided capital needed to buy out the private equity firm’s minority stake.

Apparel 105

Apparel Finance 105

Retail TouchPoints

SEPTEMBER 27, 2024

The infringement allegedly began after the Gen Z apparel retailer denied Amazon’s request to sell Aerie through its marketplace platform to protect its brand equity, according to Yahoo Finance.

Advertising 290

Advertising Customer Experience Finance Apparel 290

Retail TouchPoints

MAY 18, 2023

This included discussing the growth of SHEIN’s workforce in Dublin to fill roles in data analytics, security engineering, finance management and legal, as well as expanding SHEIN’s graduate program in Ireland. SHEIN aims to fill 30 key roles in the Ireland office by the end of 2023, with a view to increase that number as the company grows.

Planning 275

Planning Marketing Net Profit Finance 275

Retail Dive

MAY 2, 2023

Vendors for the apparel company can get discounts on loans if they hit environmental and social targets.

Finance 98

Finance Apparel 98

Retail TouchPoints

JULY 21, 2021

They pursued high-demand products with unforeseen urgency — first in critical categories like personal protective equipment, groceries and sporting goods, and followed more recently by apparel and beauty products. In the face of this product scarcity, the retailers that could fulfill consumer needs quickly were immediately rewarded.

Apparel 279

Apparel Sporting Goods Consumer Finance 279

Retail TouchPoints

NOVEMBER 4, 2020

According to McKinsey , ecommerce sales in apparel, department stores and beauty products have increased by nearly 10%, on average, since the onset of the pandemic. Because of this ease, merchants have begun relying on POS financing to drive sales growth. In 2019 , the total market share of online U.S.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Retail TouchPoints

JUNE 7, 2021

Burstein is active in industry organizations including the National Retail Federation and sits on the board of the American Apparel & Footwear Association (AAFA), the California Fashion Association and Goodwill Industries. He earned an MBA from Emory University and a bachelor’s degree in Finance from the University of Florida.

Fashion 271

Fashion Promotions Finance Management 271

365 Retail

JULY 6, 2023

Meander Apparel – a sustainable outdoor clothing and lifestyle brand with its flagship stores in Stockbridge, Edinburgh and Seven Dials, London – has secured funding from the British Business Bank as it gears up for the launch of its crowdfunding campaign later this month.

Apparel 72

Apparel Outdoor Finance Accessories 72

Retail Dive

AUGUST 20, 2024

The finance chief’s abrupt departure comes on the heels of the apparel manufacturer’s deal earlier this year to buy fashion brand Rag & Bone.

Finance 105

Finance Apparel Fashion 105

Retail TouchPoints

APRIL 16, 2021

Other elements of the agreement between Kohl’s and the investor group include: The board’s existing ad hoc finance committee will become a standing Finance Committee of the board the purpose of which will include assisting the board on its oversight of capital allocation decisions made by the company.

Finance 179

Finance Wholesale Apparel Fashion 179

Retail TouchPoints

MARCH 1, 2024

Women’s intimates and apparel retailer Natori has shown that using artificial intelligence (AI) can supercharge retailers’ retargeting efforts. She left a prestigious Wall Street position to start the company; similarly, Ken left a career in finance to join the company in 2007.

Department Stores 274

Department Stores Wholesale Finance Apparel 274

Retail TouchPoints

AUGUST 2, 2024

The retailer filed for Chapter 11 bankruptcy in June and was unable to secure the necessary financing to keep its 21 brick-and-mortar locations open; all will be closed. Brick-and-mortar retail is struggling, and apparel and footwear stores are suffering more than most. Store merchandise, fixtures and other assets will be liquidated.

Fast Fashion 278

Fast Fashion Shopping Target Market Fashion 278

Retail TouchPoints

OCTOBER 9, 2020

The furniture industry has a lot of unique needs and more purchase flows than a traditional apparel retailer,” Lopez explained. Similarly, shopping online for high-priced items means that financing and payment can become confusing if not executed well. Adapting Ecommerce for Furniture’s Extended Shopper Journeys.

Home Furnishings 264

Home Furnishings Payment Services Promotions Accounting 264

Retail TouchPoints

DECEMBER 27, 2021

The subcategories of retail companies that we engaged with — aftermarket auto parts retailers and dollar stores — tend to have their business model centered around a brick-and-mortar store presence, in contrast to omnichannel retailers such as big box stores or apparel manufacturers. Ingalls holds a B.S.

Supply Chain Management 357

Supply Chain Management Consumer Management Fashion 357

Inside Retail

MAY 16, 2022

Zilingo works with thousands of apparel factories and merchants in South Asia and Southeast Asia, connecting them to retailers worldwide and was valued at nearly $1 billion in its last funding round in 2019, according to sources familiar with the situation. It provides logistics, financing and other services to factories and merchants.

Merchant Services 130

Merchant Services Apparel Finance Fulfillment 130

Retail Gazette

DECEMBER 4, 2024

Authentic announced the following week that its US partner for Ted Baker United Legwear and Apparel (ULAC) would extend its responsibilities to run the UK operations as well. It then began discussions with several parties, including Apollo and shareholder Richemont, about securing new financing.

Shopping 124

Shopping Beauty and Health Fashion Planning 124

Inside Retail

OCTOBER 25, 2022

The announcement came after several days of mounting pressure on the sportswear brand to cut ties with the controversial celebrity, with whom it has worked on Yeezy-branded shoes and apparel since 2013. A hammer blow to its finances. Adidas founder Adi Dassler was a member. They really don’t want the two to become linked,” he said.

Fashion 246

Fashion Finance Management Apparel 246

Retail TouchPoints

FEBRUARY 14, 2023

Whether it’s retail bank branches that look more like cafés, Main Street wealth management and insurance agency outposts that bring a regional aesthetic to big national brands or global apparel retailers that have made their stores feel like curated boutiques, businesses have worked hard to connect with their customers.

Customer Experience 256

Customer Experience Boutique Finance Apparel 256