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LVMH has sold the luxury streetwear brand Off-White to brandmanagement company Bluestar Alliance. LVMH took a majority stake in the label in 2021 , agreeing to increase its stake over time to 60% , with brand founder Virgil Abloh retaining the remaining 40%. Financial details were not disclosed.
AI image recognition FMCG is a technology that transforms how brandsmanage shelves, track inventory, and understand their consumer behavior. Enhancing Shelf Management with AI Shelf management is critical for retail success. Poorly managed shelves lead to lost sales, frustrated customers, and damaged brand reputations.
But recently, a lesser-known division of Gordon Brothers found itself in the spotlight when the company sold the iconic British brand Laura Ashley to brandmanagement firm Marquee. The deal was managed by Gordon Brothers Brand Division, which had spent the previous four years revitalizing Laura Ashley after its 2020 bankruptcy.
Forever 21s Twisting Tale of Bankruptcies and Sales Forever 21s intellectual property has been owned by brandmanagement firm Authentic Brands Group since its first bankruptcy in 2019 , and a second bankruptcy would not disrupt that arrangement. If a buyer is not found, a chainwide liquidation is in the cards. In the U.S.,
These technologies allow brands to provide instant, comprehensible support in multiple languages, reducing the need for a fully multilingual team. AI-based solutions are constantly improving, helping brandsmanage customer inquiries without significantly increasing operational costs.
Brandmanagement firm Marquee Brands has acquired British fashion and lifestyle label Laura Ashley and will use the acquisition to establish its first European headquarters in London. Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020.
Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brandmanagement firm Bluestar Alliance. Both brands have been owned by Bebe Stores, Inc.
The simple truth is we still have a long way to go in breaking down period stigmas – and it’s about bloody time we stopped tiptoeing around them,” Bonds’ senior brandmanager Edwina Mollder told Inside Retail. “It’s scary to think that even today, saying the word period can send many into a nervous sweat.
The post From product to practices: how fashion “sustainability” is finding its natural place in brandmanagement practices. The study thoroughly analyzed 6 luxury sustainable pop-up stores and their practices to understand their impact on customer experience. . appeared first on Retail Focus - Retail Design.
Treading Forward with Strategic Actions The brand’s endeavor to identify and mitigate the challenges posed by parallel imports underscores the importance of innovative distribution management strategies. The post Footwear BrandManages Distribution with Wiser appeared first on Wiser Retail Strategies.
Baozun recently established Baozun BrandManagement (BBM), through which it will use its technology portfolio to cultivate brands. The sale is the latest move by the retailer to scale down during a difficult year that included cutting 500 corporate positions in September 2022, including roles at main offices in Asia.
Through its SPARC Group joint venture with mall owner Simon Property Group , ABG has acquired companies including Lucky Brand , Nautica , Brooks Brothers , Forever 21 and most recently Eddie Bauer. In June 2020, ABG also bought fellow brandmanagement company PVH Corp. ’s We are brand owners, curators and guardians.
Ripcurl needed a solution for managing thousands of visual assets across its retail network. SignManager’s intelligent asset management system was the key, according to Reilly McHugh of SignManager. Ripcurl could now holistically manage all displays, imagery, and print media, accounting for each store’s custom assets.
Brandmanagement firm WHP Global has received a $375 million equity investment from funds managed by the private equity group of Ares Management Corporation to fuel its next wave of brand acquisitions. The transaction values WHP at $1.6
“He is an accomplished retail leader and brandmanager, with significant experience across e-commerce, retail operations, private label development, product management, loyalty, as well as marketing and communications strategy,” Go added.
I think its very sad when a business goes into decline, its definitely not something any business owner wants, Phoebes Garland, co-founder of Garland & Garland, a fashion and lifestyle brandmanagement agency, told Inside Retail. Tuchuzy racked up $5.26 million in estimated liabilities in the lead-up to its second collapse.
In the dynamic world of Consumer Packaged Goods (CPG), brandmanagement is a critical function that navigates complex landscapes to connect products with consumers. Editor’s Note: Contributing author is Andrey Pankeev, Key Accounts Manager at Wiser Solutions.
“Originally the event has always been based on trade with a consumer event later, and in the last few years we have seen them merging this and not investing in getting overseas buyers to come to Australia,” Phoebes Garland, co-founder of Garland & Garland, a fashion and lifestyle brandmanagement agency, told Inside Retail.
Authentic Brands Group purchased the Champion brand from HanesBrands for $1.2 billion in June 2024, making it the brandmanagement companys second-largest acquisition. Champion, which has been in operation for over a century, generates nearly $3 billion in annual global revenues.
As a small business owner, managing supply chain issues is nothing new. Fortunately, there are several strategies that you can use to ensure that your supply chain is managed properly and efficiently. It also includes managing returns from customers who may be unhappy with their purchases or have received damaged items.
Understanding and managing your brand equity is a powerful strategy for businesses in today’s competitive market landscape. Brand equity refers to the value of your brand in the minds of your consumers, and it’s a key asset that can drive your business’s growth and profitability.
Vadim Rogovskiy, Co-Founder and CEO, 3DLOOK Christine Cui, VP of BrandManagement, Acquco Taryn Racin, Manager, Store Communications, American Eagle Outfitters Julia Calabrese, Global Design Manager, Workplace and Retail, Ford Motor Co.
The brands also share owners. Simon Property Group bought Forever 21 out of bankruptcy in partnership with fellow mall operator Brookfield Asset Management and brandmanagement firm Authentic Brands Group in February 2020.
BrandManager, BÉIS Christina Sandore, Associate & Senior Architect, Bergmeyer Marcello Aldorasi, Director of Robotics & Automation, BJ’s Wholesale Club Cydnie Kalkhourst, Director of Retail Experience & Education, Canada Goose Kelly Johnson (Rodeck), Head of U.S.
An affiliate of brandmanagement company Bluestar Alliance has purchased the U.S.-based 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.
It’s important for brandsmanagers and retail representatives to keep up with the latest trends and find the best solutions for their shoppers. The retail industry has changed a lot in the last few years, especially due to the Pandemic.
Hundreds of brands fighting to attract the attention of shoppers both in-store and online. Depending on their strategies, some brandsmanage to remain the first choice of thousands of people. It’s complicated to stay top of mind in a competitive market.
Prior to his hire at Batteries Plus, Detenber served as CMO for Artisanal Brewing Ventures where he led brand strategy, new product development and marketing.
The power of branding. When a brandmanages to remain top of mind for shoppers, then the magic happens. In this ad, the brand asked people from around the world to draw a ketchup bottle. Campaign scoop. Heinz created a simple, yet powerful commercial. Watch the video to see what they drew.
The tween retailer shuttered its remaining brick-and-mortar locations in late 2020 — which had numbered 2,800 at the brand’s peak — following the bankruptcy of parent company Ascena Retail Group.
By utilizing Yelp messaging, you streamline workflows, maximize operational efficiency, and strengthen your brandmanagement efforts. Monitoring this metric allows you to manage your team’s efficiency and identify areas for improvement in communication skills.
Food Club , a store brandmanaged by Topco Associates LLC , is partnering with Hallmark+ on a new campaign that puts its recipes for holiday treats and culinary concoctions front and center.
ManagedBrand Narrative: By steering clear of social media, companies can better control their brand story, minimizing exposure to potential negative press and maintaining customer trust. You might wonder how they manage to stay relevant and successful in such a digitally driven landscape.
is considering a buyout proposal from brandmanagement firm WHP Global which owns the Toys R Us and Babies R Us brands as well as a stake in Express and Bonobos that would take the lifestyle brand private. The two companies arent strangers: In 2024, Guess?
For digital marketers, strategic decisions about marketing spend allocated to specific retailers is now largely shaped by these factors; retailers unwilling to let a brandmanage its own media, and the inability to run off-platform strategies to specific retailers. Brady Donnelly is Managing Director at Sela , a PCA Group company.
” JCPenney — which was bought out of bankruptcy in December 2020 by mall operators Simon Property Group and Brookfield Asset Management alongside brandmanagement firm Authentic Brands Group — has made a number of moves to streamline operations and up its game in the last year.
. “While this process is still underway, we are seeing opportunities to capitalise on the highly complementary nature of the businesses and potential cost and revenue synergies across supply chain, sourcing, property, and brandmanagement,” said Wirth.
The brand’s premium stock mirrors the quality of the tenants we continually secure, and we know that our gradual accumulation of leading retailers places us firmly a step above the rest.”
Canada Goose is set to make a foray into Australia under a brandmanagement agreement reached with Brand Collective. The brand will roll out retail stores this year in Melbourne and Sydney, and open an e-commerce platform, to be augmented by selected wholesale distribution.
Hollywood fashion and lifestyle brand Von Dutch has been sold to brandmanagement firm WSG Brands and is set for further global expansion. Former owners Groupe Royer and its subsidiary Royer Brands International completed the transfer of ownership last month.
Brandmanagement firm Authentic Brands Group (ABG) has added another major retailer to its portfolio with the acquisition of beleaguered British fashion chain Ted Baker. The first, an IP holding company, will remain in ABG’s control.
During her career, Sullivan also worked with The Stride Rite Corporation as COO and held consumer brandmanagement and sales roles at companies including M&M/Mars and The Mennen Company. Schmidt joined Caleres in 2009 as the company’s SVP and General Manager of Image Brands, becoming President of Contemporary Fashion in 2010.
Fashion brands Ann Taylor and Loft are headed back to Canada via a series of shop-in-shops at Hudson’s Bay stores across the country. The partnership was developed by brandmanagement firm Centric Brands and will mark the first time either brand has been available in Canada since 2020.
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