article thumbnail

StockX Co-founder Promoted to CEO Job

Retail TouchPoints

Schwartz co-founded StockX, a platform for buyers and sellers of sneakers, apparel, electronics and collectibles, in 2016 with Dan Gilbert, Josh Luber and Chris Kaufman. Current CEO Scott Cutler, who was one of the company’s earliest investors and advisors, will step down but will remain through 2024 to help ensure a smooth transition.

article thumbnail

JCPenney Joins SPARC Group to Form Catalyst Brands

Retail TouchPoints

Michelle Wlazlo, formerly the Chief Merchandising and Supply Chain Officer of JCPenney, has been promoted to Brand CEO of JCPenney. The retailer also joined the Bazaarvoice Visual Syndication Network in September 2024 and launched an adaptive apparel line in partnership with disabled writer and athlete Jamey Perry.

Apparel 290
Insiders

Sign Up for our Newsletter

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

article thumbnail

Navigating the Tariff Era: A Strategic Roadmap for Retailers

Retail TouchPoints

imposed tariffs on more than $350 billion worth of Chinese imports, impacting everything from furniture to apparel and footwear. In 2018, more than one-third of apparel imports flowing into the U.S. Incremental price increases on inelastic goods can protect margins, while promotions on elastic goods can sustain demand.

Apparel 278
article thumbnail

Apparel retailer Accent Group forecasts $80 million earnings

Inside Retail

Apparel retailer Accent Group the parent of Platypus and Hype DC, among other labels expects to achieve earnings of $80 million for the first half of the fiscal year. However, the first-half trading gross margin declined by 100 basis points compared to the previous year, attributed to the ongoing promotional trading environment.

Apparel 130
article thumbnail

Mosaic receivers to close down Rivers brand, stores

Inside Retail

The receivers and managers of Mosaic Brands Group announced the closure of the apparel brand on Thursday. Sale events and promotions will be run in all stores, and the timing of individual store closures will depend on stock levels. The shutdown will impact 136 Rivers stores and approximately 650 employees.

Apparel 261
article thumbnail

Apparel Retailers: Balancing Online And Store Inventories Will Be Your Biggest Holiday Challenge

Retail TouchPoints

In the apparel vertical, the stakes involved in making accurate product forecasts have always been high. Needless to say, the disruptions stemming from COVID-19 have made apparel forecasting that much harder. Needless to say, the disruptions stemming from COVID-19 have made apparel forecasting that much harder.

Apparel 315
article thumbnail

Mountain bike apparel startup debuts sustainable clothing range

Inside Retail

Mountain bike apparel startup, Norman, has unveiled its first range of sustainable and ethically-produced clothing that combines “support and utility with a modern minimalist aesthetic”. Norman’s sustainable bike apparel range is available at SRP between $89.95

Apparel 264