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Wholesale Marketplace Abound Raises $22.9M in Series A Funding

Retail TouchPoints

Abound , a curated wholesale marketplace designed to connect small business owners and independent brands in the U.S. million Series A financing round led by Left Lane Capital, with additional support from RiverPark Ventures, All Iron Ventures and Red Antler, the branding company behind Allbirds , Casper and Prose.

Wholesale 147
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Express Files for Bankruptcy to Facilitate Sale to WHP

Retail TouchPoints

Bonobos’ wholesale operations will also continue uninterrupted. In order to support continued operations, the company has received a commitment for $35 million in new financing from some of its existing lenders and will also use the $49 million in cash it received on April 15, 2024, from the Internal Revenue Service related to the CARES Act.

Wholesale 147
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How UPF clothing brand Solbari aims to beat skin cancer with $10m injection

Inside Retail

The not-so sunny side up Warmer climates and sunny days on the golf course enticed Young to leave London and a career in finance and return home to Australia, along with her “very fair” British husband, whose doctor explained that he was at extremely high risk of developing melanoma.

Apparel 264
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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement.

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Next eyes rescue bid for The Body Shop

Retail Gazette

It is understood that Aurelius is financing the rest of the business, and as part of that has secured major assets including stock and IP. FRP is expected to decide whether to launch an auction in the coming weeks, with a sale of the restructured business in its new form back to Aurelius looking a likely outcome.

Shopping 122
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Services Spotlight: How Kickfurther Helped Finance Poop Like a Champion’s Inventory

Rangeme

Kickfurther is the world’s first inventory financing platform that enables businesses selling through any combination of direct-to-consumer, online, wholesale, or retail channels to raise working capital. So Kronenberger took to RangeMe Services to find a finance provider and discovered Kickfurther. How does Kickfurther work?

Finance 52
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A day in the life of Rebecca Vallance-Gasan: “I am hyper-organised”

Inside Retail

The plan is to reach 20 stores globally within the next few years, with a focus on strategic growth across both the direct-to-consumer business and international wholesale. I launched and established Rebecca Vallance in London in 2011, before returning home to Sydney to continue our expansion. How has it evolved since then?

Fashion 147