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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.
This makes 219 reopened stores since coming under the ownership of Variety Wholesalers. Additionally, Variety Wholesalers plans to acquire additional shuttered locations, and these will also be reopened under new management, as the company positions Big Lots for continued long-term growth and expansion.
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.
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
Apparel business Hard Rock has been caught engaging in resale price maintenance as well as making misleading representations about consumers rights. The post Apparel business Hard Rock admits to resale price maintenance practice appeared first on Inside Retail Australia.
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. .
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. ”
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.
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. Assurances on the wholesale operations and support for other chains such as Sigma’s Amcal and community pharmacies will also be crucial elements of a Chemist Warehouse response to ACCC concerns.
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.
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. ”
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%
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.
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 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.
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
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.
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 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.
Fast forward to 2024, it has expanded into apparel while leading the retail industry in sustainability measures. We’re also exploring wholesale channels, so there are more touchpoints for more customers to experience our products offline. Paire first launched in 2020 with a single product, socks.
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.
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.
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 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. Silverts , a manufacturer of adaptive clothing for seniors and adults with disabilities, has selected Cart.com as its U.S. fulfillment partner.
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.
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
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?
The brand was created in partnership with Little Earth Productions and is already available on Amazon , Pet Supplies Plus and Wholesale Pet. The rapper has brought his signature style to a full line of pet gear, including pet apparel, accessories and supplies. Each retailer will carry a unique lineup of products.
For example, a distribution center that handles a large SKU variety such as an apparel retailer or a beverage distributor with multiple product lines will find that voice picking can drastically improve order accuracy by guiding workers precisely through each task, item by item.
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. Viewing Apparel as a ‘Replenishment Resource’. Product that Delivers on its Promise.
Wholesale revenue declined 8 per cent to $3 billion, while DTC revenue fell 11 per cent to $2.1 By category, apparel sales dropped 9 per cent to $3.5 E-commerce sales were down 23 per cent as the brand reduced promotional activity, now representing 35 per cent of DTC revenue. Revenue in EMEA remained flat.
The fashion retailer – which sells more than 100 ‘trend-led’ apparel, footwear and accessories brands including Champion, Perfect Stranger, Tommy Jeans, Thrills, and Wrangler – forecasts annual group sales to rise 9.7 per cent, followed by Cheap Thrills Cycle wholesales at 5.4 per cent from last year to $288.5 per cent. .
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 shoe retailer reportedly closed its wholesale accounts with Fred Meyer , Zappos , Dillard’s , City Blue , VIM , EbLens , Belk , Bob’s Stores and Boscov’s in August 2020. Nike isn’t the only apparel retailer with a strong wholesale presence looking to put a renewed emphasis on its DTC operations.
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.
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. Creating elevated and more premium retail experiences is also a vital component to the future of the Salomon brand.” “We
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.
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.”.
He also led the expansion of apparelwholesaler Bella+Canvas into the retail space, offering customers direct access to product both online and in stores. Prior to that, Blakeslee held several senior position at Broder Brothers (now Alphabroder), a wholesale distributor of branded products and services. in a statement.
The company is understood to be looking to capitalise on the increased interest in the beach apparel category. Deloitte is expected to prepare a flyer highlighting Tigerlily’s position in the apparel space within the coming weeks. Founded in 2000 in Sydney, Tigerlily is known for its patterned dresses and bikinis.
Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations. In the U.S., At the intersection of fashion and outdoor, Hunter introduces another elevated global brand to Authentic’s diverse Lifestyle portfolio,” said Jamie Salter, Founder, Chairman and CEO of Authentic in a statement.
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
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