Digital Brands Group Q3 sales rise while net loss, expenses grow

The company — which is currently exploring strategic alternatives — operates a portfolio of brands including Sundry and Stateside. 

By Dani James • Nov. 16, 2023

The Body Shop sold to private equity

The deal marks the second sale this year for parent company Natura & Co., which sold Aesop to L’Oréal this spring. 

By Kaarin Moore • Nov. 16, 2023

Bed Bath & Beyond’s new CEO exited. Now what?

Jonathan Johnson bet it all on the home retailer, rebranding Overstock in the process. Then activists called for his ouster.

By Nate Delesline III • Nov. 16, 2023

Target CEO touts ‘meaningful improvement’ in profits even as revenue falls 4.2%

The retailer said easing inflation could bring shoppers back to discretionary categories as it adds updated merchandise for the holiday season.

By Nate Delesline III • Nov. 15, 2023

On’s net sales jump 46.5% in Q3 as it plans to slow wholesale expansion

The athletics brand saw DTC net sales increase 54.6% and raised its full-year outlook again to project an annual growth rate of over 46%.

By Dani James • Nov. 14, 2023

Home Depot narrows guidance as sales fall 3%

Net earnings at the home improvement retailer tumbled 12% in the quarter and big-ticket purchases were down year over year.

By Nate Delesline III • Nov. 14, 2023

Beyond Meat in ‘survival mode’ with going-concern risk a possibility, analyst says

A TD Cowen report pointed to troubling signs for the plant-based pioneer, including rising debt levels and struggles to attract and retain consumers.

By Elizabeth Flood • Nov. 14, 2023

Luxury furniture rental company Vesta acquires Fernish and Feather

The three companies will operate as separate brands under one banner, “Showroom,” which will continue to seek out additional acquisitions.

By Caroline Jansen • Nov. 13, 2023

Grove Collaborative’s DTC active customers decline amid profitability focus

Operating expenses dropped 38.5% in Q3 and the company's new CEO Jeff Yurcisin told Retail Dive that reining in marketing spend is the right long-term decision. 

By Dani James • Nov. 13, 2023

Purple Q3 revenue drops on ‘soft demand,’ lowers full-year guidance again

The mattress company saw net revenue decrease 2% year over year, with a decline in its direct-to-consumer channels while wholesale grew.

By Dani James • Nov. 10, 2023

The Weekly Closeout: Kohl’s board chair to step down, Athleta debuts experiential fitness series

The department store said Peter Boneparth will retire in May, while the athletics brand is planning events across North America.

By Retail Dive Staff • Nov. 10, 2023

Dillard’s Q3 declines signal trouble for department stores

The retailer has been a standout in a challenged segment, but finally felt the brunt of consumer skittishness in the period.

By Daphne Howland • Nov. 9, 2023

Allbirds Q3 revenue drops over 21%, forecasts soft holiday season

The lifestyle brand reported a higher net loss and a decline in gross profit, with one analyst characterizing it as a "disastrous quarter."

By Dani James • Nov. 9, 2023

Digital Brands Group considers strategic alternatives

The lifestyle company, which has a brand portfolio that includes Sundry and Stateside, hopes to find shareholder value amid its public market performance.

By Dani James • Nov. 9, 2023

Warby Parker opened 11 new stores in Q3, raises full-year guidance

The vision brand's net revenue increased over 14% and executives said the company has long-term potential to operate at least 900 stores.

By Dani James • Nov. 8, 2023

Yeezy brings in $375M for Adidas in Q3, as overall net sales fall 6.4%

The company is undecided about how to handle remaining stock from a collaboration it nixed a year ago over problematic behavior from Ye.

By Daphne Howland • Nov. 8, 2023

Under Armour revamps marketing approach as outlook worsens

CEO Stephanie Linnartz also touted the addition of John Varvatos to its design team and said he is already building a “design-led culture.”

By Cara Salpini • Nov. 8, 2023

Rite Aid wants to sell 92 more store leases in Chapter 11

The offering is in addition to 78 leases and 21 stores and land parcels that went up for sale in mid-October as the retailer restructures in bankruptcy.

By Nate Delesline III • Nov. 8, 2023

Olaplex sales drop 30% amid a ‘lower level of demand’

The hair care brand narrowed its full-year guidance as well, though its owned e-commerce website experienced growth.

By Dani James • Nov. 7, 2023

Crocs tightens inventory control, including in ‘gray market’ channels

The brand has stopped price matching with unauthorized sellers on Amazon and taken corrective action against a distributor diverting to the U.S. without permission.  

By Ben Unglesbee • Nov. 7, 2023

Etsy reaches record 92M active buyers in Q3

The online marketplace acknowledged rising competition from Temu and Shein and issued cautious Q4 guidance. 

By Nate Delesline III • Nov. 3, 2023

Figs opens first brick-and-mortar store

The DTC healthcare apparel brand opened an LA shop, announced plans for a second location in Philadelphia and raised its full-year outlook.

By Dani James • Nov. 3, 2023

The Weekly Closeout: Christy Sports overhauls its C-suite, Simon malls to close on Thanksgiving

The outdoor retailer named a number of top positions, including CEO, while the REIT will shut most of its doors on the holiday.

By Retail Dive Staff • Nov. 3, 2023

CosRx acquired after Amorepacific takes controlling stake

The beauty brand will be integrated as a subsidiary of Amorepacific, which also houses brands like Laneige, Sulwhasoo and Innisfree.

By Caroline Jansen • Nov. 2, 2023

Crocs tops $1B in Q3 revenue, but Heydude continues to drag

Executives warned the holiday quarter could be rough for its DTC brand, with sales down as much as 25%, but said they still believe in its potential.

By Daphne Howland • Nov. 2, 2023