DTC: Page 8
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DTC EBIT margins ‘meaningfully below’ wholesale, per report
BMO Capital Markets found that brands that grew DTC did not see a notable increase in revenue, merchandise margins, EBIT margins or EBIT dollars.
By Howard Ruben • June 24, 2024 -
Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors
If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and install a performance-based condition for some executive stock benefits.
By Cara Salpini • June 24, 2024 -
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 -
Monos opens second retail store as it plots US expansion
The DTC luggage brand opened a store in Toronto and has plans for eight U.S. locations next year.
By Howard Ruben • June 24, 2024 -
Arc’teryx, Stanley among fastest-growing outdoor brands
A report from Circana found the two brands led the apparel and equipment accessories segments, respectively, with strong year-over-year growth.
By Cara Salpini • June 24, 2024 -
Beyond Meat launches next product in fourth generation formula lineup
The plant-based pioneer is furthering its mission to make cleaner-label products by offering new sausage varieties.
By Elizabeth Flood • June 21, 2024 -
Bark leads initiative for dog toy safety
The pet retailer, known for its Super Chewer and Bark Box subscriptions, is working alongside international standards organization ASTM.
By Howard Ruben • June 21, 2024 -
Sportswear brand On taps warehouse drones
The retailer has partnered with AI and robotics company Verity to improve fulfillment operations and inventory visibility.
By Kelly Stroh • June 21, 2024 -
Makeup by Mario launches AR mirror at Sephora Times Square
The limited-time experience helps users with selecting a shade and product application.
By Xanayra Marin-Lopez • June 20, 2024 -
Nike, Converse sue 52 ‘counterfeiting networks’
The businesses named in the lawsuit collectively operate 98 websites and 267 social media handles, and allegedly sell “thousands” of fakes.
By Cara Salpini • June 20, 2024 -
Private label momentum shows no signs of slowing
Even if grocery prices fall, shoppers plan to continue purchasing store brands, new research from FMI — The Food Industry Association found.
By Catherine Douglas Moran • June 20, 2024 -
Skims features ‘Bridgerton’ star Nicola Coughlan in latest campaign
The campaign, which was shot by Elizaveta Porodina, features the actor modeling items from the brand’s Soft Lounge collection.
By Howard Ruben • June 20, 2024 -
Gwyneth Paltrow’s Goop launches mascara
The product, which is priced at $28, is available on the company’s website as well as in Goop stores and retail partner locations.
By Howard Ruben • June 18, 2024 -
Lee collabs with footwear brand Heydude
The line with the Crocs-owned brand includes apparel and shoes and was the denim brand’s first collaboration to launch on Amazon.
By Lara Ewen • June 18, 2024 -
Express, Bonobos bought out of bankruptcy for $174M
A newly formed joint venture between WHP Global and mall owners Simon, Brookfield and Centennial will keep 450 stores open and 7,000 jobs intact.
By Nate Delesline III • June 17, 2024 -
Care/of is shutting down
The vitamin and supplement company said it no longer has the needed funding to operate and has canceled all existing subscriptions.
By Caroline Jansen • June 17, 2024 -
Skims opens first permanent store in Washington, DC’s Georgetown neighborhood
The Kim Kardashian-founded brand will open an additional four stores in 2024 and flagship locations in New York and Los Angeles at a future date.
By Howard Ruben • June 17, 2024 -
Athleta buys first TV ad ahead of Paris Olympics, featuring Simone Biles
Biles and fellow Olympian Katie Ledecky, who are both members of Athleta’s Power of She collective, will also appear in digital and out-of-home creative.
By Tatiana Walk-Morris • June 17, 2024 -
Rihanna launches Fenty Hair
The brand, which launched on the Fenty Beauty website Thursday, includes nine hair care and styling products built around the concept of repair.
By Howard Ruben • June 14, 2024 -
Column
The Weekly Closeout: GameStop raises $2B and Bark Air has a ruff start
The meme stock frenzy continues to be kind to the gaming retailer, while Bark’s new airline effort faced a lawsuit within its first month of operation.
By Retail Dive Staff • June 14, 2024 -
Torrid moves toward 50-50 mall split as sales fall 5%
CEO Lisa Harper said that while 65% of the apparel retailer’s stores are currently inside malls, shoppers are increasingly going off-mall.
By Nate Delesline III • June 14, 2024 -
Figs taps Lululemon exec for CFO
Sarah Oughtred spent almost 17 years at the activewear brand, where she helped scale the business from $270 million in revenue to about $10 billion.
By Howard Ruben • June 13, 2024 -
Too Faced joins Amazon’s premium beauty store
The move comes just weeks after sister brand Clinique opened an Amazon storefront as the e-commerce giant ups its beauty game.
By Howard Ruben • June 12, 2024 -
Mango looks to strengthen homeware line with new leader
The retailer is seeking to grow its Mango Home business with product diversification, as part of its goal to reach 4 billion euros in sales by 2026.
By Laurel Deppen • June 12, 2024 -
Beauty brand Pretty Smart launches exclusively at Walmart
Developed in partnership with Walmart’s merchandising team, the brand aims to offer luxury beauty products at an affordable price point.
By Howard Ruben • June 11, 2024 -
Function of Beauty expands to Amazon
In addition to the new partnership, the beauty and skin brand is now offering both its Target and Pro line from Sephora on its own website.
By Howard Ruben • June 10, 2024