Remove Apparel Remove Finance Remove Wholesale
article thumbnail

Vince Holding Corp. Changes Hands, Former CEO Brendan Hoffman to Return to the Helm

Retail TouchPoints

Newly formed luxury apparel-focused innovation venture P180 has acquired Sun Capital Partners majority stake in Vince Holding Corp. The brand also is sold in premium wholesale channels around the world and has a subscription service, Vince Unfold , that is operated by CaaStle. VNCE) , giving it a 65% stake in the retailer.

Returns 281
article thumbnail

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group

Retail TouchPoints

The IP deal is valued at $90 million and includes the option to purchase inventory related to the e-Commerce and wholesale businesses at an additional cost. million in debtor-in-possession financing, according to bankruptcy filings. “We Lucky Brand has obtained $15.6

Finance 234
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How UPF clothing brand Solbari aims to beat skin cancer with $10m injection

Inside Retail

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
article thumbnail

How Natori Used AI to Sharpen Retargeting and Achieve a 943% ROAS

Retail TouchPoints

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. We also get end-to-end accountability in the supply chain.”

article thumbnail

Kohl’s Reaches Agreement with Activist Investors, Names Three New Board Members

Retail TouchPoints

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
article thumbnail

Untuckit is Setting Sights on Expansion and Internal Visibility is Helping it Get There

Retail TouchPoints

The apparel retailer is expanding its brick-and-mortar footprint with plans to open at least 14 new stores in 2024, bringing its store count to nearly 100. Additionally, Untuckit has officially entered the wholesale market following a pilot program with Macy’s that began in November 2023. “We retail setting. retail setting.

Wholesale 130
article thumbnail

Retail appointments of the week

Inside Retail

Modibodi names Kerry Cusack as executive director By Sean Cao Global absorbent apparel brand Modibodi has appointed Kerry Cusack as its new executive director, effective July 31. Based in Modibodi’s Head Office in Sydney, she will be responsible for leading the Modibodi global team, strategy, and execution.

Apparel 130