DTC: Page 40
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Wolverine is ‘exploring strategic alternatives’ for Sperry
CEO Brendan Hoffman said the footwear company needs to focus on its core brands, including Merrell, Saucony and Sweaty Betty.
By Lara Ewen • May 12, 2023 -
Parachute’s founder says stores are ‘integral’ to long-term success
The home brand just opened its 26th store nationwide in New York City, which comes in at 3,400 square feet.
By Dani James • May 11, 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 -
Solo Brands acquires TerraFlame
The move helps build out the company’s portfolio of brands, which also includes Solo Stove, Chubbies, Oru Kayak and Isle.
By Caroline Jansen • May 11, 2023 -
Oatly to boost its president to CEO
Jean-Christophe Flatin will take the helm at the Swedish oat milk company on June 1, while current leader Toni Petersson will transition to co-chairperson of the board of directors.
By Megan Poinski • May 11, 2023 -
Wayfair aims to raise over half a billion dollars through convertible senior notes
The home goods retailer expects to generate up to $677 million in net proceeds from the offering, which is set to close on Friday.
By Caroline Jansen • May 10, 2023 -
Footwear brand Freedom Moses opens NYC pop-up
The 550-square-foot store located in New York’s West Village features over 1,300 pairs of slides and will remain open through September.
By Howard Ruben • May 10, 2023 -
Allbirds undergoes layoffs, co-CEO transitions to new role
Co-founder Tim Brown has taken on the chief innovation officer role as the direct-to-consumer brand reported a drop in its Q1 net revenue.
By Dani James • May 10, 2023 -
Retrieved from Foxtrot website.Q&A
Foxtrot’s new CEO talks expansion and innovation
Liz Williams discusses what the urban c-store chain is planning — from new pizza options to suburban stores — as she tackles her new role.
By Brett Dworski • May 10, 2023 -
Warby Parker revenue up 12.2% in Q1 as it reins in marketing spend
The direct-to-consumer eyewear company narrowed its net loss again and is focused on becoming a holistic eye care provider.
By Dani James • May 9, 2023 -
Solo Brands posts 7.3% sales uptick in Q1 driven by wholesale strength
CEO John Merris emphasized the importance of its retail partnerships, which include Ace Hardware, REI and Dick’s Sporting Goods.
By Howard Ruben • May 8, 2023 -
Osprey, Hydro Flask owner cuts 18% of SKUs in supply chain overhaul
As Helen of Troy sheds inventory, it’s also finding more opportunities to consolidate its distribution footprint.
By Sarah Zimmerman • May 8, 2023 -
‘We’ve chosen both’: How Nike aims to connect DTC and wholesale
While the athletics giant has invested heavily in its own digital channels and physical stores, the retailer is also trying to broaden its ecosystem to its wholesale partners.
By Cara Salpini • May 8, 2023 -
Figs Q1 revenue jumps while net income drops
The direct-to-consumer scrubs brand reported that active customers increased to 2.4 million while average order values lowered.
By Dani James • May 8, 2023 -
Adidas first quarter revenues drop 1%, beating expectations
The Yeezy loss continues to impact business, but new collaborations such as Fear of God could offset losses in the second half of 2023.
By Lara Ewen • May 5, 2023 -
Walmart to sell Destination Maternity clothing online, in stores
The apparel brand's spring / summer collection will be available exclusively at select Walmart stores and online.
By Tatiana Walk-Morris • May 5, 2023 -
Brooks Running posts 20% revenue increase in Q1
The brand reported strength from its e-commerce channel as it captured more share in the running category.
By Howard Ruben • May 5, 2023 -
Peloton to relaunch brand
While the company reported a total revenue decline in Q4 and missed on gross margin, it will rebrand later this month to better communicate its value.
By Dani James • May 4, 2023 -
Wayfair execs remain optimistic even as losses continue to mount
While the online retailer faces sales and customer declines, it believes it will be EBITDA positive as early as this quarter.
By Caroline Jansen • May 4, 2023 -
Therabody names Atkins alum as CFO
The Theragun maker is continuing its C-suite transformation as it looks to push forward into the broader, everyday health and wellness space.
By Grace Noto • May 4, 2023 -
Retrieved from Athletic Brewing Company.
Athletic Brewing heads to the skies through JetBlue partnership
The tie-up, which lands the company’s products on the airline’s domestic flights, comes as the demand for low- and no-alcohol beverages rises.
By Howard Ruben • May 3, 2023 -
Wayfair debuts in-store digital design tech
The Digital Design Studio kiosk is being piloted at the home company’s AllModern store in Dedham, Massachusetts.
By Dani James • May 3, 2023 -
Deep Dive
What’s behind Walmart’s DTC selloffs?
The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos.
By Dani James • May 3, 2023 -
Shareholder files lawsuit against Allbirds
The complaint filed in April alleges the DTC brand’s registration statements in 2021 were false or misleading as it relates to non-core product offerings.
By Dani James • May 2, 2023 -
Francesca’s snaps up basics brand Richer Poorer
Two years out of bankruptcy and under private equity ownership, the mall-based retailer said it’s on the lookout for more acquisitions.
By Daphne Howland • May 2, 2023 -
Paula’s Choice launches skin care ingredient checker tool
The research-based skin care brand is helping customers find what’s best for their skin with a comprehensive formula analyzer available on its site.
By Xanayra Marin-Lopez • May 2, 2023