Supply chain snags could knock out $17B in apparel and footwear profit in 2022: report

Backups and bottlenecks persist, putting pressure on profits. And only 12% of organizations in the sector are leading in resilience, according to Kearney. 

By Ben Unglesbee • Jan. 26, 2022

Digital Brands buys women's apparel brand Sundry

The company has expanded further with the beach-themed business. It has also received a stock delisting notice from Nasdaq as losses mount.

By Ben Unglesbee • Jan. 25, 2022

Victoria's Secret will sell stake in China business for $45M

Hong Kong-based lingerie maker Regina Miracle, a longtime supplier, is buying a 49% stake and will run the brand's stores and website there.

By Daphne Howland • Jan. 25, 2022

Sears gets smaller with Florida store closure

Kmart and Sears department stores are an endangered species, with just a few of each remaining — and the count is getting smaller all the time.

By Ben Unglesbee • Jan. 24, 2022

Kohl's acknowledges takeover interest

The department store, under pressure from activist investors, reportedly received offers from firms including Sycamore Partners and Acacia Research.

By Daphne Howland • Jan. 24, 2022

The $500M Question: Under Armour COO Colin Browne

How to spend half a billion dollars in hypothetical money? The athletic brand's operations chief would double down on the circular supply chain. 

By Ben Unglesbee • Jan. 24, 2022

The Weekly Closeout: Ulta names its first female chief human resources officer

Also, Mattress Warehouse received an investment from a private equity firm and Coach introduced an apprenticeship program.

By Retail Dive Staff • Jan. 21, 2022

BH Cosmetics files under Chapter 11

The indie brand has succumbed to challenges brought on by the pandemic, despite high-profile partnerships last year with Iggy Azalea and Doja Cat.

By Daphne Howland • Jan. 21, 2022

Aerosoles footwear brand to be acquired by American Exchange

The shoe seller survived a bankruptcy in 2017 and is set to become its own division under its new parent, which both licenses and owns brands. 

By Ben Unglesbee • Jan. 21, 2022

Luggage brand Monos raises $10M in Series A funding

The company plans to use the capital to expand its offline presence, acquire talent and create a more robust product development pipeline.

By Maria Monteros • Jan. 21, 2022

The story of Toys R Us' bankruptcy is still unfolding, and it still matters

In ongoing litigation, former suppliers to the retailer allege its leaders should never have signed on to bankruptcy financing that triggered its liquidation. 

By Ben Unglesbee • Jan. 20, 2022

Bonobos CEO exits after 5 years at the company

Micky Onvural is leaving the company to assume the role of chief marketing and communications officer at financial services firm TIAA, effective Monday.

By Maria Monteros • Jan. 20, 2022

Morgan Stanley 'less confident' in Gap Inc. leadership

The mall-based retailer recently missed its third quarter earnings and cut its full year guidance due to supply chain and inventory constraints. 

By Maria Monteros • Jan. 20, 2022

Women's fashion retailer Escada America files for bankruptcy

After lawsuits from landlords and ongoing pandemic disruption, the company is trying to close some stores to preserve operations.

By Ben Unglesbee • Jan. 19, 2022

Kohl's investor suggests company sale, sets stage for board fight

An activist is pushing for more buybacks and asset sales, and alluded to a potential e-commerce spinoff, if not a sale of the entire company. 

By Ben Unglesbee • Jan. 18, 2022

LVMH investment arm takes minority stake in streetwear brand Aimé Leon Dore

The brand will continue to operate in New York City, but the French conglomerate's backing will be key to growth, founder Teddy Santis said.

By Daphne Howland • Jan. 18, 2022

The Weekly Closeout: Amazon workers will revote on union and Saks debuts Game Day collection

A tally of ballots for the new union vote will begin March 28. Meanwhile, Saks is making a bigger play for sports fans.

By Retail Dive Staff • Jan. 14, 2022

Office Depot owner delays spinoff as it mulls sale of retail business

The company paused its plans to separate while it considers Staples' $1 billion offer as well as that of another unnamed buyer.

By Ben Unglesbee • Jan. 14, 2022

Omicron 'unlikely to derail' economic growth: Moody's

Analysts expect the disruption from the new variant to pass quickly. But supply hiccups and inflation will likely last longer.

By Ben Unglesbee • Jan. 13, 2022

How retailers weathered the holidays in 2021

Some have raised their Q4 guidance after a successful season, while others suffered from supply chain challenges and soft foot traffic.

By Ben Unglesbee , Daphne Howland • Jan. 13, 2022

Foxtrot brings in $100M, plans to open 25 new stores in 2022

The upscale convenience store chain is also testing cashierless technology and looking to triple the size of its engineering team.

By Sam Silverstein • Jan. 12, 2022

Il Makiage parent company secures $130M in funding

The recent round, which values Oddity at $1.5 billion, was led by billionaire businessman Thomas Tull and Franklin Templeton, among others.

By Maria Monteros • Jan. 11, 2022

Big Lots plans to add 500 new stores

The discounter wants to add more than 50 stores in 2022 and accelerate from there as it looks to expand both digitally and in brick and mortar.

By Ben Unglesbee • Jan. 11, 2022

Mattress Firm files for IPO

Around three years after filing for bankruptcy, the retailer is eyeing the public markets with growing losses and $1.2 billion in long-term debt.

By Caroline Jansen • Jan. 10, 2022

Omicron weighs on Lululemon's stores, sales

The athleisure seller's CEO said that the pandemic has limited capacity, staff availability and, in some places, store hours. 

By Ben Unglesbee • Jan. 10, 2022