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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.
Variety Wholesalers , one of the purchasers of assets from the bankrupt Big Lots discount chain, will reopen a total of 219 stores under the Big Lots banner, beginning on April 10, 2025 with nine locations in six states: Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia.
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.
Apparel retailer Accent Group the parent of Platypus and Hype DC, among other labels expects to achieve earnings of $80 million for the first half of the fiscal year. per cent increase in total owned sales, including wholesale. The group reported a 4.6 Like-for-like retail sales rose by 2.9
American Apparel is relaunching in Australia and expanding into New Zealand, releasing its new season range online online. “We will also be bringing our newest collections and styles of American Apparel to those markets and will be supporting the brand with our Craft the Culture campaign. .
A prospective backdoor listing and a marriage of convenience have enlivened end of financial year stock market prognostications. The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed.
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.
A logical next step is for merchants to educate themselves about the sustainability of the brands and items they sell, particularly in the apparel space. Of course, apparel retailers themselves may be uncertain about the most effective methods to reduce their carbon footprints and those of their supply-chain partners.
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.
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.
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. It also gives us a leadership position in the growing women’s activewear category,” said Blake W.
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.
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.
But as these brands and many others look to new channels, such as stores and wholesale, to combat flagging sales and elusive profitability, True Classic is doubling down on digital. . Now, like many of its counterparts, True Classic is moving into brick-and-mortar and considering wholesale, although Amazon isn’t the cards, at least not yet.
It’s not easy to be a mid-market retailer in Australia right now. There is increased competition from e-commerce players, the local market and major international brands. Our numbers continue to get better and better when technically the market remains challenging. We’re a mid-market Aussie retailer.
The dynamic world of apparel and fashion demands more than just standard business software. This comprehensive guide dives deep into how ChainDrive Apparel ERP software stacks up against some of the leading competitors in the market: NetSuite, Jesta I.S., Microsoft Dynamics 365, Brightpearl, and Acumatica.
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. Dickies items are also available at Glue Store, Universal, Iconic, and City Beach.
The apparel brand, founded in 1930, will leverage Cart.coms third-party logistics (3PL) solutions and Ohio supply chain hub as it seeks to grow both its wholesale and DTC businesses. market, said Joe Barth, Chief Logistics Officer at Cart.com in a statement. fulfillment partner. Selecting Cart.com as our U.S.
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
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. He attributes this new positioning to driving the huge growth of the brand in the Australian and New Zealand markets.
A $68 T-shirt might seem like a tough sell, but eight years on, Molnar’s brand Goodlife C l othing has a host of top-tier wholesale partners, a booming DTC business and, most importantly, a cult following of customers that keep coming back. Product that Delivers on its Promise. Do their customers really keep coming back?
Whether shipping directly to customers’ homes, enabling curbside pickup or restocking store shelves, consistently improving speed, accuracy and adaptability is crucial for meeting shopper expectations and maintaining market share. A multi-channel retailer and North Americas leader in womens apparel and lingerie with more than $1.75
Tommy Hilfiger is set to partner with the new Cadillac F1 team as its official apparel label, with branding appearing both in press kits for the race team as well as in news related to a slew of fanwear that will drop March 2026, coinciding with that racing season and the introduction of Cadillac on the track.
Wholesale revenue declined 8 per cent to $3 billion, while DTC revenue fell 11 per cent to $2.1 Regionally, North America posted an 11 per cent sales decline, while international markets are down by 6 per cent, driven by a 13 per cent fall in Asia Pacific and 6 per cent in Latin America. Revenue in EMEA remained flat.
Other assets include Drummond’s interests in 17 company-owned stores and its 66 per cent shareholding in wholesale golf company Golf Works. Founded in 1974 in Victoria, Drummond sells golfing equipment and apparel with a franchise network of 50 stores across Australia. The company is planning to increase earnings to $12.6
A change in seasons is the second biggest driver of apparel sales, after discounts and promotions, and Spring is the biggest apparel sale season of them all. Traffic for apparel is 16 percent higher in Spring than Summer, and 52 percent higher than Fall. Shoppers are looking to buy warm-weather apparel over the next few months.
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.
The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”
Affiliate marketing has become a multi-billion dollar industry globally – but in Australia, the concept remains shrouded in suspicion, largely misunderstood by consumers. Its share of the broader e-commerce market is just a fraction of that in China or the US. Around a quarter of affiliate marketers are working in the fashion sector.
Running a successful apparel business is all about identifying the right opportunities. Customizing blank apparel such as t-shirts has become an increasingly popular option in the clothing landscape for B2C and B2B businesses. What Are Wholesale T-Shirts? How Does a Business Benefit From Buying Wholesale T-shirts?
Apparel firm Accent Group has entered into an agreement to buy up the Glue Store and Next Athleisure businesses for $13 million. Glue Store, along with the NAL wholesale and distribution business, provides an established and complimentary platform to accelerate our fast growing apparel business.”.
The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%. A big piece of Nike’s direct offensive has been a shift away from wholesale and toward DTC. Wholesale Will Still Play a ‘Very Important Role’. Revenues were up 5% YoY in the company’s fiscal Q3, which ended Feb.
The global brand development and marketing platform has named two companies to serve as Hunter’s retailing and licensing partners in key geographies. Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations. Financial details of the purchase were not disclosed. In the U.S.,
The deal includes managing the brand’s wholesale operations, a replatform of all of Reebok’s ecommerce sites in the region that is now live, and ongoing efforts to “drive the evolution of the brand by expanding its luxury collaboration offerings.”
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.
million due to a decline in the wholesale channel, reflecting subdued market conditions and a material decrease in a small number of retail accounts. “The youth fashion apparel customer continues to be discerning and willing to spend on on-trend, quality clothing,” said Barbery. The group’s revenue soared 16.1
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 wholesalemarket, group wholesale sales grew by 11 per cent.” Sales grew 12.6
While Jones said GlamCorner will continue purchasing clothing items from brands on a wholesale basis and making them available for rent through its own platform, he expects Fulfilment by GlamCorner to become a significant part of the business going forward. “A The ‘Attenborough’ effect. This resonates with younger consumers in particular.
by International Market Centers. Atlanta Apparel’s first 2022 market broke records for the largest-ever number of exhibitors and largest retailer attendance at a February apparelmarket since 2016. The market was fantastic and probably our best to date.
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. BY: We identified a gap in the market for high-quality, affordable basics that fit well and stand the test of time.
Athletic apparel brand Under Armour posted revenue of US$1.6 The company, however, still struggles to gain ground in a more challenging market, he added. Apparel revenue increased 3 per cent to $1.1 billion for the second quarter of FY24, flat versus the prior year and down 1 per cent on a currency-neutral basis.
The two shops will carry an assortment of maternity and nursing apparel from leggings to bras, with associates on hand to provide complimentary bra fittings, style advice and other assistance. Maternity retailer A Pea in the Pod has returned to brick-and-mortar with stores in Chicago and New York City.
Globally, the UPF (ultraviolet protection factor) apparelmarket is set to reach US$1.4 The market is driven by growing skin cancer awareness, according to recent RationalStat industry analysis. billion by 2030 with a strong CAGR exceeding 7.7 In 2023, the industry had a suggested value of US$861.6
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