Remove 2016 Remove Accounting Remove Returns Remove Wholesale
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Under Armour Begins Search for New CEO as Frisk Steps Down

Retail TouchPoints

The company underwent several rounds of jobs cuts and a $200 million dollar restructuring in 2018, followed by an SEC investigation into its accounting practices in 2019. Frisk promptly set about shifting the company’s focus away from wholesale and toward DTC, following in the footsteps of competitors in the space like Nike and lululemon.

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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

Rollup firms are typically able to buy these Amazon businesses at anywhere from 4X to 6X EBITDA, sometimes less, according to Thomson: “As long as you manage to keep the same efficiency that any one of those accounts had when they were a standalone, you can get a 15X to 25X valuation on your company. There is massive financial arbitrage here.

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

They got a lot of attention really quickly, and they got some good accounts. All the while, General Pants was Ksubi’s biggest account, so when the second iteration of the brand ultimately went into administration in 2014, General Pants took over running the brand. In 2008, they actually went into administration.

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How Away Uses Google Ads (Case Study)

Store Growers

Being unable to sell the actual luggage, they created something else to sell, a book called “The Places We Return To”. Away’s first product: The Places We Return To – Image source. In their second year of operations, 2016, the company did $12 million in sales. Samsonite sells most of its product wholesale.

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

Commenting on the company’s Amazon business on a third quarter 2021 earnings conference call, Children’s Place CEO Jane Elfers said : “ with respect to wholesale, we remain laser-focused on strengthening our partnership with Amazon, and they continue to experience very strong sell-throughs on our product.

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Jason & Scot Show Episode 258 – Retailer Owned Brands and Other News

Retail Geek

Akash 50-60 years there’s one but we’re even podcasting in 2016 and I remember one tarry longer than the CEO of Macy’s said. In in all of these kinds of leases because you know the you’re asking for some Claws and a lease that isn’t have that that brand does its accounting.