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Following the bankruptcy of Quiksilver store operator Liberated Brands earlier this month, Quiksilver owner Authentic Brands Group has moved swiftly to ensure that Quiksilver-branded apparel is still available to consumers. and Canada.
A growing number of consumers are concerned about how their purchasing decisions impact the planet, but even the most sustainability-savvy customer may be confused about how best to align purchases with their green principles. Consumers Overwhelmed by Insufficient or Contradictory Sustainability Info. In fact, half of the 1,000 U.S.
The Children’s Place, which operates retail and wholesale divisions for its eponymous brand as well as for Gymboree , Sugar & Jade and PJ Place , has had a rough year. Shein opened its online marketplace to third-party sellers in May 2023 , but until now most of those merchants have been China-based, non-branded manufacturers. ”
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. However, the merger plan faces a likely regulatory hurdle after the Australian Competition and Consumer Commission has indicated a number of competition concerns.
Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. The brand expects to be in approximately 10,000 stores by the end of 2022 as it shifts its toward direct-to-consumer (DTC) channels. “I ”
Palladini brings more than 30 years of senior leadership experience to the baby and child apparel retailer. As a result, the apparel and accessories business swelled to account for nearly 20% of total sales. In his time at Vans , a division of VF Corporation, he more than doubled global revenue to over $4.2
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. This is also the reason why the brand doesnt sell its products on a wholesale basis. I think because we haven’t had wholesalers and stakeholders, we’ve been able to nurture that.
The selections will include items from multiple apparel types across the men’s, women’s and kids categories, and marks the return of Nike to wholesale after it began slashing third-party offerings in late 2021. The return of Nike in Q4 2023 could help improve revenue for Designer Brands, which saw a sales decline of 10.7%
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’.
As digital commerce expands and consumers increasingly demand same-day or next-day delivery options, implementing advanced solutions like voice picking technology can transform how retail distribution centers operate. A multi-channel retailer and North Americas leader in womens apparel and lingerie with more than $1.75
With the launch of SA1NT Layers, Former 2XU owner Aidan Clarke has gone back to his roots, with a renewed focus on performance and recovery sportswear apparel. We have evolved our moto jeans and fabrics no less than six times, and this obsession to set the standard and keep raising the bar is now driving us to stand out in sports apparel.
Apparel brands Lacoste and Dickies have appointed Accent Group as their exclusive distributor in Australia and New Zealand. Both brands are sold in ANZ through direct-to-consumer, online and owned stores, and via wholesale channels. The initial deal has an eight-year term.
Wholesale revenue fell 12 per cent, and direct-to-consumer sales decreased by 8 per cent, driven by a planned reduction in e-commerce promotions. By product, apparel sales dropped by 12 per cent, footwear by 11 per cent, and accessories rose 2 per cent. However, the company’s gross margin improved by 200 basis points to 49.8
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.
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%.
Fast forward to 2024, it has expanded into apparel while leading the retail industry in sustainability measures. NY: The majority of consumers are not ready to spend on high-value products that have a higher price point than fast-fashion brands. Paire first launched in 2020 with a single product, socks.
based wholesale and retail business assets of the Scotch & Soda brand, which will allow its products to be sold in retail stores across the country. Currently the Amsterdam-based brand’s apparel, eyewear, fragrances and accessories are available in stores across Europe, North America, the Middle East, Africa and Australia.
Sweaty Betty makes more than 80% of its revenue through the direct-to-consumer channel, which was a boon during the 2020 lockdowns. The retailer reported “ triple-digit digital growth” for the year alongside 60% overall revenue growth as customers stocked up on apparel for their at-home exercise routines, according to The Evening Standard.
Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. Despite a challenging wholesale market, group wholesale sales grew by 11 per cent.” Sales grew 12.6
Cramer also has experience working with brands targeting younger consumers, similar to Claire’s, from his time as President of Parade , a Gen Z-focused intimates and lifestyle apparel retailer. The accessories retailer has forged wholesale and shop-in-shop partnerships with major U.S.
Several of the nation’s largest retailers, including Target , Macy’s , Gap and BJ’s Wholesale Club , struggled during Q3, with all reporting net sales declines and all but one showing a fall-off in comparable store sales. and a slight comp sales increase of 0.3%. 28, 2023, by 4.3% and 3% respectively. Overall, Gap’s net sales of $3.8
There is also subdued consumer sentiment and the rising cost of doing business. It aims to entrench itself as a lifestyle brand renowned for delivering affordable discretionary luxury to its consumers year-round. It’s not easy to be a mid-market retailer in Australia right now. Growth opportunities are hard to come by.
Athletic apparel brand Under Armour posted revenue of US$1.6 The dip in North American sales continues to be a concern as this is Under Armour’s largest market by some margin, and is also a region where consumer spending has, generally, held up quite well.” Apparel revenue increased 3 per cent to $1.1
Five years after launching into the market with its hero product, a true-blue fitted t-shirt, the brand now operates 9 brick-and-mortar stores, alongside thriving direct-to-consumer and wholesale operations. Men are increasingly looking for apparel that is stylish, comfortable, and delivers on quality and value.
Once positioned at the pinnacle of the American apparel industry, the BCBG Max Azria Group faced a series of fiscal and operational difficulties, which led it to file for Chapter 11 bankruptcy protection on February 28, 2017. The new partnerships with G-III Apparel Group and JS Group seem to be an attempt to revive the fortunes of the brands.
The wholesale partnership will help Athleta meet its goal of reaching $2 billion in net sales by 2023 while giving REI a selection of women’s activewear items — a category that has held strong throughout the pandemic. REI Co-op will stock a curated selection of Athleta products at 135 of its stores nationwide and online.
Launched in 2016 as a DTC business, Vuori has since expanded to brick-and-mortar via wholesale at retailers including Nordstrom and REI , as well as with 10 standalone stores. Despite a widespread return to offices and schools, consumers still appear to be enjoying the more comfortable fashions they adopted in droves during the pandemic.
Jamie Salter, founder, chairman and CEO of Authentic Brands, said Rockport’s core consumer is “more active” than ever. The brand’s offering is a perfect addition to our portfolio with opportunities for category expansion into apparel, accessories, outerwear, travel and more.
Marc Fisher will now also take on Rockport’s footwear design, wholesale and ecommerce operations in the U.S. Rockport’s core consumer is more active than ever,” said Jamie Salter, Founder, Chairman and CEO of Authentic said in a statement.
The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.
Outdoor apparel retailer KMD Brands has reported a “record” first half driven by strong sales recovery across all three of its brands. per cent of direct-to-consumer (DTC) sales. Group CEO & MD, Michael Daly, said all three brands delivered strong sales growth in the half despite uncertainties in consumer outlook.
New concept stores, wholesale distribution and an online shopping site are set to roll out early next year. . These include Review, Yarra Trail, Marco Polo, Black Pepper, Breakaway, Everlast, Lonsdale and Bluey, which are sold through own stores and wholesale partners, such as Kmart, Rebel and David Jones. “It 550 million company.
Sports apparel company Under Armour has reported a rocky start to fiscal 2025, with revenue down 10 per cent to US$1.2 Wholesale revenue dwindled by 8 per cent to $681 million, while direct-to-consumer was down by 12 per cent to $480 million. billion, and an operating loss of $300 million.
Only consumers only had 17% of their shopping done by early July, and 54% said they held off on spending because they didn’t know what they needed. Retail, Wholesale and Distribution leader in an interview with Retail TouchPoints. Consumers’ desire for fast, efficient shopping is giving big-box retailers an advantage.
“We are entering this next phase of growth with strong momentum, proven execution and a bold strategy to increase profitable top-line growth annually by 6% to 8% , growing our direct-to-consumer business to 55% of revenue and nearly doubling the women’s business.”. billion this year.
Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half. per cent in the first half while direct-to-consumer (DTC) same-store sales climbed up 2.1 Group sales for the half were recorded at $379.95 million (NZ$407.3
Australia’s thriving First Nations economy was on full display at a pop-up market in Melbourne last night, featuring artwork, apparel and homewares from several Indigenous brands and businesses. She is looking to grow the wholesale side of Yarli Creative going forward. Boosting their confidence.
The retailer managed digital growth despite direct-to-consumer penetration falling to 41.2% Wholesale revenue soared 157% despite the company’s plans to exit between 2,000 and 3,000 wholesale partnerships. Lululemon posted an extremely strong quarter, led by a 61% net revenue increase to $1.5 of net revenue compared to 61.4%
Lucky Brand is a wholesaler of dungarees and related lifestyle apparel as well as a retailer. We’re not buying the inventory at a retail cost to the consumer. The company “will negotiate with landlords to keep ‘key stores’ open in North America,” according to CNBC.
Skechers has teamed up with renowned apparel brand Diane von Furstenberg (DVF) on its Endless Kisses Capsule range, which will see the latter brand’s iconic lips design feature on Skechers fashion sneakers, footwear and recovery sandals. per cent increase in wholesale turnover, and a 10.8 per cent increase in direct-to-consumer sales.
The consumer is looking for aspirational product stories and we have a unique opportunity to serve them in this space.”. But given how consumers have become more digitally engaged and environmentally focused, how is Louvet reimagining the brand and the way it shows up in the world? Heritage sometimes isn’t enough ,” Louvet admitted.
Wholesale Central , the internet’s leading directory of wholesale suppliers, has introduced a brand new supplier category on their website, Amazon FBA Suppliers , to make it easier for retailers nationwide to find wholesalers that offer this service. . Wholesale Central is a product of Sumner Communications, Inc.
It is not by accident that Paul Smith has become one of the most recognised names in the apparel industry today. DP: I’ve worked in all aspects of fashion and retail, from operations to wholesale and from merchandising to retail. If I could get every consumer target in North America to meet him personally I would.
When you look at the vibrant tones and silky silhouettes of Silk Laundry, it’s easy to see how this Australian-born apparel brand has captured the hearts of Hollywood ‘It’ girls like Heidi Klum, Emily Ratajkowski and Priyanka Chopra. Anderson explained that this has been largely driven by the brand’s wholesale and e-commerce channels.
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