Remove 2017 Remove Marketing Remove Wholesale
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$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Retail TouchPoints

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. The new capital will be used to continue to hire top talent, build new tools to equip its customers, grow Faire’s supply of global brands and introduce the platform into new markets.

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BJ’s Wholesale Club Names Interim Leader President and CEO

Retail TouchPoints

BJ’s Wholesale Club has appointed Bob Eddy as the company’s new President and CEO. From 2013 to 2017, he also chaired the Financial Executives Council of the National Retail Federation. Baldwin, Executive Chairman of BJ’s Wholesale Club in a statement. Eddy also will join BJ’s Board of Directors.

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Wholesale Marketplace Faire Expands into Europe

Retail TouchPoints

B2B wholesale marketplace Faire is expanding into Europe with launches in the UK and the Netherlands, with plans to add additional European markets in the coming months. Created by four former Square employees in 2017, Faire was recently valued at $2.5 billion after its latest $170 million Series E funding round.

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How Aussie footwear brand Alias Mae stays on trend in a fast-moving market

Inside Retail

Drawing on his family background in footwear, and his own experience in the industry, having started working in Chinese footwear manufacturing in 2011, he launched Alias Mae as a wholesale business. IR: You started as the customer service and wholesale manager, how have you witnessed the brand’s evolution in your time at the company?

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How wholesaler Foodbomb is taking its suppliers direct-to-consumer

Inside Retail

Launched in 2017, wholesale platform Foodbomb connects restaurants and cafes with a marketplace of around 160 suppliers, simplifying the ordering process. But, in the wake of the Covid-19 pandemic, the business opened its doors to direct-to-consumer (D2C) sales to buoy the market through periods of empty supermarket shelves.

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Alibaba Separates International and Domestic Commerce Operations, Names New CFO

Retail TouchPoints

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. The markets will always have ups and downs, but Alibaba has ambitious long-term goals. From 2014 to 2017, she was Alibaba’s Chief Customer Officer.

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“We see opportunity in changes”: BA&SH CEO on the evolving luxury market

Inside Retail

Grenade said the brand develops specific products for the Asian market to adapt to the culture by offering different cuts. “We We are also launching capsules dedicated to this market, such as for the Chinese New Year, and this year we will be launching a luxury range only available in Asia,” he added. per cent in digital, 68.9

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