DTC: Page 49


  • Person with short blonde hair surrounded by pink and purple clouds with the words Happy Dance in yellow
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    Courtesy of Cronos Group
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    Kristen Bell’s CBD skincare brand to shut down

    Happy Dance’s parent company, Cronos Group, has been exiting wholesale in its U.S. segment, which includes prestige brand Lord Jones.

    By Dani James • Jan. 25, 2023
  • Camino Partners execs and the Belgian Boys brand founders have their arms around each other in front of a pink Belgian Boys trade show booth.
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    Permission granted by Camino Partners
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    Former Kind execs launch incubation and investment firm Camino Partners

    The entity represents a new name and mission for Daniel Lubetzky’s Equilibra Partners Management, with a goal of helping startups on their journey.

    By Megan Poinski • Jan. 25, 2023
  • Shot of a young woman relaxing on the sofa and using a credit card with a digital tablet Explore the Trendline
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    gradyreese via Getty Images
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    Trendline

    What'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
  • A family lounges on a bed with sage-green covers.
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    Courtesy of Tuft & Needle
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    Serta Simmons files for Chapter 11

    The company, whose holdings include DTC brand Tuft & Needle, is also suing to uphold the terms of a 2020 loan that it calls “critical.”

    By Jan. 24, 2023
  • Hand pushing on a light purple memory foam pillow
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    Courtesy of Purple
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    Purple rejects takeover bid

    Coliseum Capital Management sent the brand an unsolicited proposal in September to acquire its remaining common stock for $4.35 a share.

    By Jan. 24, 2023
  • Rihanna stands in the middle of a stage with lights on her.
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    Courtesy of Savage x Fenty
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    Savage X Fenty launches pop-up shop ahead of Rihanna’s Super Bowl performance

    The Los Angeles pop-up will showcase a limited edition Game Day collection, featuring hoodies, sweatpants, varsity jerseys and more.

    By Tatiana Walk-Morris • Jan. 24, 2023
  • Person with short brown hair holds makeup brush to face of person with long brown hair
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    Courtesy of Makeup by Mario
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    Prestige brand Makeup by Mario raises $40M

    Founded by celebrity makeup artist Mario Dedivanovic, the brand joins a list of companies that have snagged funding amid a downturn in VC-backed capital.

    By Dani James • Jan. 24, 2023
  • A Dr. Martens storefront on Abbot Kinney Boulevard in California.
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    Cara Salpini/Retail Dive
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    Bottleneck at LA distribution center eats away at Dr. Martens earnings

    The footwear retailer found itself overwhelmed with inventory after orders arrived earlier than anticipated.

    By Max Garland • Jan. 24, 2023
  • A person's hand reaches into an Away suitcase holding a bag, headphones and other items.
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    Courtesy of Away
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    Away taps former Foxtrot exec as chief marketing officer

    As the travel brand sees increased interest in travel from consumers, Carla Dunham brings marketing experience from Foxtrot and Equinox.

    By Dani James • Jan. 23, 2023
  • A wall of beauty products.
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    Courtesy of Thirteen Lune
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    Thirteen Lune raises $8M in seed round

    The company said that the investment puts it on track to reach profitability this year.

    By Tatiana Walk-Morris • Jan. 23, 2023
  • A red Levi's tab sign against a bright blue sky.
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    Daphne Howland/Retail Dive
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    Levi Strauss hires Nordstrom vet as chief digital officer

    Jason Gowans, who will report to Michelle Gass, will help grow the company’s direct-to-consumer business.

    By Tatiana Walk-Morris • Jan. 23, 2023
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    Ian Waldie via Getty Images
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    Hatch gains operational control over Destination Maternity, A Pea in the Pod, others

    Marquee Brands has taken a minority stake in the newly-formed Hatch Collective, led by Hatch CEO and founder Ariane Goldman.

    By Dani James • Jan. 23, 2023
  • A Birdies storefront on Abbot Kinney Boulevard in California.
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    Cara Salpini/Retail Dive
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    8 DTC retail trends to watch in 2023

    With macroeconomic challenges from 2022 seeping into the new year, brands are balancing out their store count, pushing for profitability and more.

    By Dani James • Jan. 23, 2023
  • Wayfair lays off nearly 2K employees

    The staff reductions, representing 10% of the company’s global workforce, mark the second round of layoffs at the retailer in less than six months.

    By Jan. 20, 2023
  • Sephora storefront.
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    Daphne Howland/Retail Dive
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    Sephora adds Nutrafol, Proven to its lineup

    The beauty retailer is continuing to seek out popular DTC brands to sell online and in stores.

    By Tatiana Walk-Morris • Jan. 19, 2023
  • Person riding a Peloton bike
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    Courtesy of Peloton
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    Peloton appoints chief marketing officer

    Leslie Berland most recently held the CMO role at Twitter and brings about a decade of experience from American Express. 

    By Dani James • Jan. 18, 2023
  • Three people in bed with eye masks on surrounded by audio equipment.
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    Courtesy of Purple
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    Purple taps Sephora vet as chief of owned retail

    Scott Kerby, who also previously held roles at Old Navy, Bath & Body Works, L Brands and American Eagle, reports to CEO Rob DeMartini.

    By Jan. 18, 2023
  • Two people running in On Cloudneo shoes
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    Courtesy of On
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    Swiss brand On is profitable and growing. It also has a deep wholesale presence.

    Co-CEOs Marc Maurer and Martin Hoffmann talk through the brand’s approach to scale, new store openings and why wholesale works.

    By Jan. 13, 2023
  • Exterior shot of a Glossier logo on its storefront.
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    Courtesy of Glossier
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    Glossier reformulates iconic product, leaving customers wondering why

    The DTC beauty brand announced it is releasing a vegan version of its Balm Dotcom, which was met with strong customer reactions online.

    By Dani James • Jan. 13, 2023
  • Stacked white boxes of makeup on a black store display
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    Gabe Ginsberg / Stringer via Getty Images
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    Morphe parent company files for Chapter 11 bankruptcy

    Forma Brands — which also operates Playa Beauty and Jaclyn Cosmetics — has entered a proposed $33 million acquisition deal with lenders. 

    By Dani James • Jan. 12, 2023
  • Pink and green bottles of haircare products
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    Courtesy of Mielle Organics
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    P&G acquires haircare brand Mielle Organics

    The textured hair brand — founded in 2014 by husband-and-wife duo Monique and Melvin Rodriguez — said it has no plans to change existing formulas. 

    By Dani James • Jan. 12, 2023
  • Three people in bed with eye masks on surrounded by audio equipment.
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    Courtesy of Purple
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    Purple CEO: ‘It’s time for the brand to mature’

    Quirky marketing helped the mattress brand get its start, but now Rob DeMartini wants it to look a lot more like a traditional mattress seller.

    By Jan. 11, 2023
  • People pose wearing multi-colored leggings and underwear with thank tops
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    Courtesy of Thinx
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    Thinx releases affordable line on its website

    The menstrual care brand aims to expand access to its Thinx for All collection, which is already available in retailers like Walmart and CVS.

    By Dani James • Jan. 11, 2023
  • A Rent the Runway subscriber searches the company's "closet in the cloud" on mobile.
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    Permission granted by Rent the Runway
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    Why some digital natives are always tweaking their models

    Shaking up a business can be a sign of innovation, or trouble. For DTC brands, the best move may be found in retail’s oldest playbook.

    By Jan. 11, 2023
  • To the right of a mall store entrance, a minimalist gray granite facade features the red and white Lululemon logo and white lettering.
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    Daphne Howland/Retail Dive
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    Lululemon’s stock drops after margin warning

    The athletics company raised its revenue expectations for the quarter, but it has a lot of inventory to clear through after the holidays.

    By Dani James • Jan. 9, 2023
  • Stacked white boxes of makeup on a black store display
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    Gabe Ginsberg / Stringer via Getty Images
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    Morphe closes US stores to focus on wholesale, e-commerce

    The makeup brand said on Twitter that it would still be selling online and at select retail partners as it shifts strategic priorities. 

    By Dani James • Jan. 6, 2023