DTC: Page 50
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Daphne Howland/Retail Dive
Everlane lays off nearly 9% of employees
The company said the cuts were enacted in an effort to refocus efforts, with 17% of corporate roles and less than 3% of retail staff impacted.
By Dani James • Jan. 6, 2023 -
Courtesy of Boxed
Boxed considers selling itself amid cash crunch
The online retailer, which is trying to shore up its liquidity and boost its sagging stock price, also said it is “actively exploring” ways to bring in additional capital.
By Sam Silverstein • Jan. 6, 2023 -
Explore the Trendline➔
gradyreese via Getty Images
TrendlineWhat'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 -
Hydro Flask, Drybar owner to cut 10% of global workforce
Helen of Troy saw net sales revenue decrease across all segments in its third quarter, while operating and net incomes both fell by double digits.
By Dani James • Jan. 5, 2023 -
Permission granted by Function of Beauty
Function of Beauty launches hair styling line at Target
In a push for growth, the personalized beauty brand is entering a new product category that is still compatible with its selection of custom boosters.
By Dani James • Jan. 5, 2023 -
Permission granted by Wilson Sporting Goods
Wilson opens two new Chicago stores
The brand plans to expand its footprint in 2023, and the latest Oak Brook neighborhood location features a pickleball court.
By Dani James • Jan. 4, 2023 -
Daphne Howland/Retail Dive
Victoria’s Secret sets high expectations for Adore Me as deal closes
But the lingerie giant may need to take bolder steps as it attempts to alter consumer perceptions of its own branding, analysts say.
By Daphne Howland • Jan. 4, 2023 -
Retrieved from Sundry on January 25, 2022
Digital Brands Group completes Sundry acquisition
The direct-to-consumer company took on new debt and closed a $10 million public offering last month to help finalize the deal.
By Dani James • Jan. 3, 2023 -
Bark
Bark names chief financial officer
Zahir Ibrahim replaces Howard Yeaton, who has been serving as interim CFO since late 2021, and comes with nearly three decades of financial experience.
By Caroline Jansen • Jan. 3, 2023 -
Permission granted by Grove Collaborative
Grove Collaborative refinances debt with $72M term loan
The sustainability-focused consumer products company recently received a delisting notice from the New York Stock Exchange.
By Dani James • Jan. 3, 2023 -
Permission granted by Silk + Sonder
Silk and Sonder to sell on QVC
The direct-to-consumer brand is hoping to reach new customers by expanding its distribution.
By Tatiana Walk-Morris • Jan. 3, 2023 -
Under Armour taps 25-year Marriott veteran Stephanie Linnartz as CEO
Despite her lack of retail experience, the executive’s knowledge of strategy, finance, sales, marketing and technology could benefit the brand.
By Cara Salpini • Dec. 22, 2022 -
Courtesy of H&M
H&M, Good American partner
The fast-fashion retailer began featuring Good American on its Swedish and German websites in December.
By Kaarin Moore • Dec. 22, 2022 -
Courtesy of Nike
Nike CEO: ‘The inventory peak is behind us’
The company has worked with Foot Locker CEO Mary Dillon, in addition to other wholesale partners, as it plans its channel strategy.
By Cara Salpini • Dec. 21, 2022 -
Courtesy of Grove Collaborative
Grove Collaborative receives NYSE delisting notice
The notice comes just six months after the company’s shares began trading on the New York Stock Exchange.
By Caroline Jansen • Dec. 21, 2022 -
Permission granted by Saysh
Allyson Felix’s Saysh expands to Canada
Following its northward expansion, the direct-to-consumer brand wants to widen its global footprint further.
By Tatiana Walk-Morris • Dec. 20, 2022 -
Courtesy of Estée Lauder
Skincare brands The Ordinary, Dr. Dennis Gross to raise prices
In social posts giving a heads-up to shoppers, the brands cited the costs of raw ingredients and supply chain logistics as reasons for the change.
By Dani James • Dec. 20, 2022 -
Permission granted by BloomChic
L Catterton invests in plus-size DTC brand BloomChic
The private equity firm, which has steadily grown its portfolio of direct-to-consumer companies, will help the brand during its next stage of growth.
By Dani James • Dec. 19, 2022 -
The Honest Company hires Amazon vet as new CEO
Carla Vernón is already familiar with the business, having worked with current CEO Nick Vlahos on the brand’s Amazon platform.
By Tatiana Walk-Morris • Dec. 14, 2022 -
Courtesy of Lovesac
Lovesac makes strides in sourcing outside of China
The country used to make up most of the furniture maker's production capacity. Now it's around 30%.
By Kate Magill • Dec. 14, 2022 -
Courtesy of InnBeauty Project
Skincare brand InnBeauty Project raises $12M
The direct-to-consumer company has raised funds to promote growth in an industry that has thrived in spite of macroeconomic pressures this year.
By Dani James • Dec. 13, 2022 -
Courtesy of Nike
Nike plans first ‘World of Flight’ Jordan concept
Located in Milan, the store is the “future of Jordan retail” and will sit at the “forefront of streetwear and basketball culture.”
By Cara Salpini • Dec. 13, 2022 -
Kaarin Vembar/Retail Dive
Lululemon touts ‘biggest day ever’ on Black Friday as sales jump 28%
The brand is already outpacing its five-year growth expectations and appears untouched by inflation.
By Cara Salpini • Dec. 9, 2022 -
Permission granted by Chewy
Chewy beats on revenue estimates, swings to a profit in Q3
While the online pet retailer’s net sales increased 14.5%, analysts remain concerned over the company’s rising customer acquisition costs.
By Caroline Jansen • Dec. 9, 2022 -
Courtesy of Birkenstock
Birkenstock opens fourth US store in California
With a new private equity owner guiding the company, the footwear brand is widening its global footprint.
By Tatiana Walk-Morris • Dec. 9, 2022 -
Courtesy of J.C. Penney
Thirteen Lune to open first brick-and-mortar store
The beauty platform will open its doors in Los Angeles early next year.
By Dani James • Dec. 8, 2022
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