Remove Apparel Remove Brand Management Remove Returns
article thumbnail

Bluestar Revives Justice as Online-Only Retailer, Plans to Expand Tween Brand into Tech, Home

Retail TouchPoints

Justice has returned as an online-only retailer with the launch of its new ecommerce site, ShopJustice.com. The tween retailer shuttered its remaining brick-and-mortar locations in late 2020 — which had numbered 2,800 at the brand’s peak — following the bankruptcy of parent company Ascena Retail Group.

Planning 300
article thumbnail

Myer’s profit declines amid store closures, underperformance of some brands

Inside Retail

“We are laser-focused on improving our profitability, performance, and shareholder returns,” said Olivia Wirth, Myer executive chair. The company noted that its discussions with Premier Investments about a potential merger with Apparel Brands are progressing. Its online sales grew 2 per cent to $704.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EssilorLuxottica acquires Supreme from VF: attractive deal or risky move?

Inside Retail

billion in cash, marking EssilorLuxottica’s first venture into the apparel category. That said, EssilorLuxottica has strong distribution capabilities and is good at brand management, so Supreme fits better with them than it did with VF,” he said. However, it’s uncertain whether Supreme is the right choice for EssilorLuxottica.

Apparel 261
article thumbnail

PVH Sells Off Heritage Brands as it Turns Focus to Calvin Klein, Tommy Hilfiger

Retail TouchPoints

is selling its Heritage Brands portfolio — which includes the Izod , Van Heusen , Arrow and Geoffrey Beene brands — to fellow brand management firm Authentic Brands Group for approximately $220 million. This sale marks the latest in a broader shakeup among the larger brand management firms.

article thumbnail

Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

Technology has revolutionized the way brands manage their excess inventory. Without real-time visibility or existing systems in place to manage excess levels, cross-functional teams wasted valuable time and resources on work that didn’t produce valuable returns on investment. Viewing Off-Price As A Partner.

article thumbnail

As Ted Baker closes its remaining stores, what went wrong?

Retail Gazette

NODL licenses the brand in the UK and Europe from Authentic Brands Group (ABG), the brand management group which owns Reebok, Forever 21 and David Beckham which bought Ted Baker for £211m in October 2022. You need innovation and newness in brands like Ted Baker,” says Shuttleworth.

article thumbnail

As Ted Baker store closures begin, what went wrong?

Retail Gazette

Ted Baker is set to close 15 UK stores and cut some head office roles, as administrators take action to try to save the fashion brand. NODL licenses the brand in the UK and Europe from Authentic Brands Group (ABG), the brand management group which owns Reebok, Forever 21 and David Beckham which bought Ted Baker for £211m just 18 months ago.