DTC: Page 38
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Great Jones sold to maker of KitchenAid, Farberware
Under Meyer, the DTC cookware brand’s co-founder and CEO, Sierra Tishgart, will continue to lead the brand.
By Caroline Jansen • June 6, 2023 -
CBD brand Lord Jones exits US business
Lord Jones — which is owned by cannabis company Cronos Group — will launch as an adult-use brand in Canada during the fourth quarter.
By Dani James • June 6, 2023 -
Explore the Trendline➔
gradyreese via Getty ImagesTrendlineWhat's shaping the e-commerce landscape?
From pivots in digital strategies to challenges retailers must overcome with reverse logistics, here are some of the forces shaping online retail.
By Retail Dive staff -
Authentic Brands Group acquires Hunter Boots intellectual property
The brand conglomerate said the deal was part of an effort to diversify its portfolio outside of the U.S.
By Laurel Deppen • June 5, 2023 -
Sorel brand president resigns to focus on health
Columbia Sportswear Company announced that Mark Nenow stepped down from the footwear brand after about eight years in the position.
By Dani James • June 5, 2023 -
Bark’s Q4 revenue takes a hit as order volume falls
By channel, the BarkBox and Super Chewer parent company saw DTC revenue fall 1.5% year over year, while wholesale revenue fell 9.3%.
By Howard Ruben • June 5, 2023 -
Brad Pitt’s Le Domaine signs first US retail deal with Bluemercury
The Macy’s-owned retailer will sell the products as part of “The Cache,” a curated collection of emerging brands.
By Howard Ruben • June 2, 2023 -
Lululemon rides 60% international growth to $2B quarter
Greater China in particular grew 79%, and the region will account for the majority of international store openings planned for the year.
By Cara Salpini • June 2, 2023 -
Dr. Martens reaches revenue milestone while sales in the Americas disappoint
The footwear company attributed its struggle in the region to a poor transition of distribution centers and its marketing campaigns.
By Dani James • June 2, 2023 -
Beautycounter CEO exits in leadership shuffle
Marc Rey was in the top spot for less than two years, and leaves as the beauty brand brings on a new chief financial officer and board chair.
By Dani James • June 1, 2023 -
Why is Adore Me selling in Walmart?
The DTC lingerie brand launched an exclusive line at the retail giant with the help of Gelmart. But how important is wholesale for the brand?
By Dani James • June 1, 2023 -
Converse names North America VP new CEO
Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.
By Nate Delesline III • May 31, 2023 -
VC funding for food and beverage plunging amid challenging environment, data shows
Over the last four quarters, the amount raised and the number of deals have fallen significantly compared to the prior year, according to PitchBook.
By Christopher Doering • May 31, 2023 -
DTC paint brand Clare to raise prices
The cost of a gallon of paint will increase by an average of 8% as the company faces “outsized inflation,” CEO Nicole Gibbons said in an email to customers.
By Dani James • May 31, 2023 -
McKinsey: Online beauty sales in the US to hit $45B by 2027
Global e-commerce sales now exceed those of specialty retail which, in 2022, was 20% of the overall industry.
By Howard Ruben • May 31, 2023 -
Aviator Nation opens first East Coast store
Located in the Hamptons, the store is the brand’s 17th nationwide and comes after a test New York City pop-up shop in December.
By Howard Ruben • May 30, 2023 -
Hoka to hit $2B in sales as DTC channel grows
The athletic footwear brand reported its fourth consecutive year of revenue growth above 50%, according to Deckers CEO Dave Powers.
By Dani James • May 30, 2023 -
Column
The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale
The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.
By Retail Dive Staff • May 26, 2023 -
Mielle signs LSU basketball star Angel Reese as ambassador
The NCAA athlete’s name, image and likeness deal with the brand will include marketing, social media, events and a limited-edition product bundle.
By Howard Ruben • May 26, 2023 -
QVC parent company sells Zulily to investment firm
Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy.
By Nate Delesline III • May 26, 2023 -
Studs opens piercing studio in DC’s Georgetown neighborhood
The direct-to-consumer piercing and jewelry brand now has 19 locations focused on providing a modern, personalized experience.
By Dani James • May 25, 2023 -
Laneige joins virtual store trend to showcase new collection
Powered by e-commerce platform Obsess, the store has five rooms featuring different skincare collections and brand content.
By Xanayra Marin-Lopez • May 25, 2023 -
Blue Apron sells fulfillment centers in shift to asset-light model
The buyer, FreshRealm, plans to exclusively provide production and fulfillment needs for the company's meal kit products.
By Max Garland • May 25, 2023 -
In massive executive shuffle, Nike names new Jordan president
Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.
By Cara Salpini • May 25, 2023 -
Canada Goose to open 3 new US stores
The luxury apparel brand is focused on expanding its DTC presence, with plans to open 16 new locations across Japan, China and the U.S. in fiscal year 2024.
By Dani James • May 25, 2023 -
Podcast
The Backroom: How the consumer is doing so far this year
Discretionary goods are a low priority amid an uncertain economy and a desire to spend on experiences, but retailers are holding their own. What about the rest of 2023?
By Retail Dive Staff • May 25, 2023