This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ollies Bargain Outlet has acquired 40 former Big Lots stores, jumpstarting its plans to open 75 new stores by February 2026. Ollies announced its real estate plans along with its financial results for FY 2024, which ended Feb.
Renewed Focus on Wholesale Nike CEO Elliott Hill. Photo courtesy Nike) Hill emphasized on the earnings call that improving and expanding sales in the wholesale channel is a key Nike initiative under his watch. Wholesale revenue totaled $25.9 Hill also changed 11 of his 15 direct reports. billion, a 6% drop in constant currency.
Topshop is preparing to make a comeback on the high street through new wholesale partnerships with brick-and-mortar retailers. Owner Asos said it had signed agreements with select wholesale partners to bring the brand back into physical retail, but that it was first focused on relaunching a standalone website for Topshop.
billion Kroger-Albertsons tie-up as well as the November 2024 end of a planned Capri Holdings and Tapestry merger. After moving aggressively into direct sales in 2020 and 2021, Nike had to begin rekindling wholesale relationships with retailers including DSW and Macys in late 2023. Walgreens Agrees to $192.5M consumers wallet.
Reduce Return Volumes Accuracy is essential in order fulfillment, and errors can quickly erode customer trust. Fewer picking errors mean fewer returns and replacements, leading to higher customer satisfaction and cost savings. Orgill , the worlds largest independently owned hardlines distributor, achieves 99.6%
CP Axtra, the awkwardly-named parent company of Thailands familiar Makro and Lotuss stores and the countrys largest wholesale-retail conglomerate, reported a strong set of results for the fourth quarter of 2024 and for the whole year. Wholesale sales under Makros four different banners grew by 4.7 billion Thai baht (US$4.0
We appreciate that international shipping and returns can be a barrier, so finding the right local opportunities to offer an immersive brand experience was important to us while allowing us to connect in person with valued customers in the physical form. The brand awareness opportunity is unmatched.
That being said, Yakubson noted that Dusk would be investing a lot more in print media, “because it’s trending, and that’s what people are returning to”. The retailer plans to bolster its appeal to the youth market with body mists and fragrances that Yakubson describes as “fun, young and light”.
When thinking about our vision for the future of the business, our plan is to grow our community through bringing our retail experience to as many international markets as we can. The investment builds upon Vuori’s $400 million investment, led by SoftBank Vision Fund 2, in 2021.
Indeed, 2025s business plan includes piloting large-format stores in such locations. Cutting across each of these segments are Chinese tourists, whose return in bigger numbers to Thailand is giving Moshi Moshi some extra lift. For 2025, the companys business plan is to end the year with about 200 stores. million baht ($3.5
The closures are part of Maison Kitsuné’s overarching reorganisation of its retail operations to focus more on wholesale distribution and digital operations. Our continued journey to thoughtfully expand wholesale doors plays well into this marketplace dynamic.” By 2016, the two partners had split up, and both locations were shut down.
Fashion brand Ted Baker is reportedly preparing to return to the UK high street, less than two years after shutting all its stores following its collapse. According to The Sun , the firm is planning to open a new store in London in early 2026, although no further details have been confirmed.
As brands grow, demand planning evolves from a monthly or batch-based spreadsheet chore into a reality that can make or break a fiscal quarter. That level of detail lets you plan for everything from restocks to influencer pulls to spoilage write-offs. Link your promo calendar directly to inventory planning. Stable best-sellers?
If you plan to sell at volume, this account type simplifies managing listings and helps you scale your operations efficiently. For small businesses, consider sourcing products from wholesalers or local retailers to ensure you offer unique items in your storefront. Look for items with high demand and low competition.
Thailand’s The Nation newspaper reported that, in 2023, the wholesale and retail trade sector contributed about THB2.8 They are part of a planned strategy to boost retail sales, attract domestic and international customers and merge traditional culture with modern commerce. per cent of the total GDP.
If you approach your campaign with a well-planned fulfillment strategy, it will be much easier to keep backers happy, ward off unexpected costs, and set the stage for long-term success. Well talk about initial planning and budgeting. Part 1: Plan your Kickstarter campaign with fulfillment in mind. Customs adds unpredictability.
The retailer also plans to upgrade its existing conversational AI for associates in the coming months. The tool will offer step-by-step instructions for advanced support queries like, “How can I process a return without a receipt?” By Retail Dive Staff • Jan.
Earlier this year it unveiled plans to cut 1,600 roles as it looks to make 1.6bn in cost savings over the next three years on the back of softer sales. But what has put Nike in this vulnerable position in the first place, and what steps does it need to take to return to peak performance?
The supermarket giant has poached Lidl’s chief operating officer Matt Heslop as its new director of convenience and wholesale. Chief customer and marketing officerRachel Eyre will return to Morrisons on 3 March following her maternity leave.
But despite the chaos, Tala hit its planned May opening. The brand’s ambitious US expansion hit an unexpected roadblock when sudden tariff changes forced the brand to pause a planned 5m investment in the market. We reduced barriers around shipping timing and any clunkiness around returns, Fowles says.
Effective Business Planning: Creating a detailed business plan outlining goals, market strategies, and financial projections is crucial for laying a strong foundation for your fashion startup. Understand your target audience’s preferences, behaviors, and trends to build a solid business plan.
Dive Insight: AI investments are the norm for business leaders now, but how much return theyre getting from these investments varies. Over half (54%) say they’ll use it to reduce labor costs through automation, while the rest (46%) plan to use AI to improve productivity among employees. Already, retailers are working to incorporate AI.
Delevingne said: “Coming back to Topshop now is more than a return — it’s about starting something new. Earlier this month, the business announced it would return to the runway with a London fashion show this summer ahead of relaunching standalone Topshop.com and Topman.com platforms.
The numbers add to growing concerns that Kering’s multi-year transformation plan has yet to produce measurable returns. In the second quarter alone, Gucci’s wholesale revenue fell by 50 per cent, and even its directly operated retail sales were down 23 per cent. Its sales dropped 25 per cent year-on-year to €3.0
Meanwhile, the spooky store plans to bring on 50,000 employees. The retailer is also reinvesting in wholesale partnerships and pulling back on some of its classic franchises that saturated the marketplace under former CEO John Donahoe. Claire’s didn’t immediately return Retail Dive’s request for comment.
Developing a Business Plan: A robust business plan is crucial; it should cover your unique concept, market analysis, financial projections, and operational strategies to guide your coffee shop’s development. From crafting a solid business plan to selecting the right location and sourcing quality beans, every detail matters.
Dive Brief: Amazon plans to bring same- and next-day delivery to more than 4,000 small towns and rural communities by the end of the year, the e-commerce giant said on Tuesday. Courtesy of Amazon Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. By Caroline Jansen • Oct.
After several starts and stops, Capri Holdings and Tapestry Inc have officially terminated their plans to merge as of November 14. Additionally, our extensive wholesale network serves as an important channel to reach consumers in areas where we do not have our own stores.” billion merger.
Global revenues are down, inventories are still bulging and promotional activity is rife rather than planned for specific occasions, which is eroding Nikes reputation as a premium brand. Hill has also been at pains to commit to better supporting Nikes wholesale customers, many of whom Hill confesses feel we turned our back on them.
Efforts by US President Joe Biden to “plug the loophole” in his final days in office, and incoming President Donald Trump’s campaign pledge to raise tariffs on China , are threatening investment returns and livelihoods in largely agrarian Guanyun, home to about 1 million.
He noted that he may have to raise wholesale prices on China-made products to protect his company’s already-thin profit margins. Walmart and Target did not immediately return messages seeking comment. Mattel also plans to decrease its dependency on any one region, and plans to close a factory in China by the end of 2025.
Since first launching in 2022 with three stock-keeping units (SKUs) – a rosé, a pinot noir and a sauvignon blanc, via a direct-to-consumer (DTC) site – Juliet Wine has added several different varietals to its portfolio and partnered with wholesale retail partners, including Costco, Total Wine, Safeway and Whole Foods.
Whether its underperformance, misaligned values, or diminishing returns, there comes a time when moving on is the best choice for your startups growth. If possible, personally inform key retail partners about your plans and reassure them about continuity. However, not all partnerships are built to last.
The company plans to use the funding to expand its customer base and grow its retail partnerships, per a press release. Dive Insight: Dude Wipes has been in growth mode through an expanding group of wholesale partnerships and the introduction of new products. Please let us know if you have feedback. By Caroline Jansen • Oct.
Three weeks after a federal judge issued an injunction halting the merger of luxury groups Capri Holdings and Tapestry , the companies have mutually agreed to give up their plans to join forces. Additionally, our extensive wholesale network serves as an important channel to reach consumers in areas where we do not have our own stores.
And it is still true today that the scarce product is predominantly available through Nike direct channels and so as they’ve come back to wholesale. They’re they’re not doing the new drops in wholesale and you know they’re going from zero skus on Amazon to a bunch of skus on Amazon but I’m kind of curious.
If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Web Design & Development.
Maternity retailer A Pea in the Pod has returned to brick-and-mortar with stores in Chicago and New York City. The retailer was acquired by Marquee Brands for approximately $50 million in December 2019 with plans to emphasize “ecommerce, select wholesale partnerships and strategic marketing relationships.”.
Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will continue to decline anywhere from 15% to 17% in North America in the coming year. Plank was reinstalled as President and CEO in March.
B2B wholesale marketplace Faire is expanding into Europe with launches in the UK and the Netherlands, with plans to add additional European markets in the coming months. As part of Faire’s international expansion the company also plans to open an office in London.
So sure, it’s more commoditized, but you don’t want to buy something that you can’t return or you don’t know what it’s made out of or if it’s going to last. RTP: Casper has its roots in DTC, but you’ve since expanded with your own stores and through wholesale. How do you view those channels?
Buoyed by a return to growth in Q4 2020, Adidas has unveiled a new growth strategy that will transform the company into a direct-to-consumer-led business with an emphasis on sustainability. The move is in line with similar shifts made by competitor Nike, which is ditching wholesale accounts and beefing up its digital and DTC business as well.
We’ve just hired a new CFO, a new head of retail and wholesale, our new head of digital started in August and of course, myself. IR: Speaking of those ups and downs, do you attribute that to Covid, or more to the previous rebrand in 2019 not really turning out as planned? Tigerlily is a brand that is so well loved already.
Initially bootstrapped from a $2000 tax return , the family-owned brand was founded by Felicity Rodgers, who runs it with her sister Narelle Craig and husband Paul Rodgers. Cargo Crew is now planning to formally enter the US market, with plans to establish an on-the-ground team and PR presence before moving stock.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content