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Francesca’s Acquires Digital Apparel Brand Richer Poorer

Retail TouchPoints

The acquisition will add new product categories to the Francesca’s assortment and allow it to leverage Richer Poorer’s wholesale network, as well as help grow its share of wallet in the Gen Z and millennial women’s segments. “I million.

Apparel 268
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Authentic Brands Buys IP of Iconic Boot Brand, Plans Global Expansion

Retail TouchPoints

Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations. Authentic plans to tap its global network of category experts and best-in-class operating partners to accelerate the worldwide expansion of Hunter in the U.S. In the U.S.,

Planning 276
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Under Armour Will Exit up to 3,000 Wholesale Partnerships to Focus on DTC

Retail TouchPoints

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. Under Armour joins other apparel brands, including Nike , in shifting toward DTC distribution. I think that’s incredibly important to state. ”

Wholesale 290
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G-III Apparel Closes All Wilsons Leather And G.H. Bass Stores In Shift Toward Wholesale

Retail TouchPoints

G-III Apparel Group will close all 110 Wilsons Leather and 89 G.H. Bass stores, as part of a restructuring effort that will result in the company putting more emphasis on its wholesale operations. The retailer’s 41 DKNY and 13 Karl Lagerfeld Paris stores, as well as the e-Commerce businesses of all its brands, will remain in operation.

Apparel 151
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Nike to Double Down on DTC Following Q3 Gains, Plans Standalone Jordan Stores

Retail TouchPoints

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%.

Planning 286
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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas.

Planning 246
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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

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.

Wholesale 262