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KMD Brands expects lower sales due to weak consumer sentiment

Inside Retail

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent and 21.5

Consumer 286
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KMD Brands expects lower sales due to weak consumer sentiment

Inside Retail

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent year over year to $434.2

Consumer 278
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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Introducing DTC Without Damaging Wholesale. And earn his stripes he has. I Would Always Rather Over-explore than Under-explore’.

Wholesale 275
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Casper CEO’s Roadmap to Profitability: Control Costs, Expand Wholesale and Cater to Customers

Retail TouchPoints

It flipped the script and put the power with the consumer, and that changed the entire category. What that meant was that we were anti-customer; we were optimized around internal channel accounting and not what was in the best interest of the customer. Once you’ve disrupted, it resets consumer expectations.

Wholesale 261
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Nike to Double Down on DTC Following Q3 Gains, Plans Standalone Jordan Stores

Retail TouchPoints

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%.

Planning 289
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Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated.

Consumer 328
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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.

Wholesale 130