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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.
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. per cent increase in total owned sales, including wholesale. The group reported a 4.6 Like-for-like retail sales rose by 2.9
American Apparel is relaunching in Australia and expanding into New Zealand, releasing its new season range online online. “We will also be bringing our newest collections and styles of American Apparel to those markets and will be supporting the brand with our Craft the Culture campaign. .
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. ”
Newly formed luxury apparel-focused innovation venture P180 has acquired Sun Capital Partners majority stake in Vince Holding Corp. The brand also is sold in premium wholesale channels around the world and has a subscription service, Vince Unfold , that is operated by CaaStle. VNCE) , giving it a 65% stake in the retailer.
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. Assurances on the wholesale operations and support for other chains such as Sigma’s Amcal and community pharmacies will also be crucial elements of a Chemist Warehouse response to ACCC concerns.
A logical next step is for merchants to educate themselves about the sustainability of the brands and items they sell, particularly in the apparel space. Of course, apparel retailers themselves may be uncertain about the most effective methods to reduce their carbon footprints and those of their supply-chain partners.
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. Under Armour joins other apparel brands, including Nike , in shifting toward DTC distribution. I think that’s incredibly important to state. ”
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%
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 acquisition will add new product categories to the Francesca’s assortment and allow it to leverage Richer Poorer’s wholesale network, as well as help grow its share of wallet in the Gen Z and millennial women’s segments. “I million.
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. The key in the end was to ensure that Natori.com wasn’t really competing with the brand’s wholesale partners.
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.
G-III Apparel Group will close all 110 Wilsons Leather and 89 G.H. Bass stores, as part of a restructuring effort that will result in the company putting more emphasis on its wholesale operations. The retailer’s 41 DKNY and 13 Karl Lagerfeld Paris stores, as well as the e-Commerce businesses of all its brands, will remain in operation.
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.
Fast forward to 2024, it has expanded into apparel while leading the retail industry in sustainability measures. We’re also exploring wholesale channels, so there are more touchpoints for more customers to experience our products offline. Paire first launched in 2020 with a single product, socks.
A change in seasons is the second biggest driver of apparel sales, after discounts and promotions, and Spring is the biggest apparel sale season of them all. Traffic for apparel is 16 percent higher in Spring than Summer, and 52 percent higher than Fall. Shoppers are looking to buy warm-weather apparel over the next few months.
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. Dickies items are also available at Glue Store, Universal, Iconic, and City Beach.
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
Running a successful apparel business is all about identifying the right opportunities. Customizing blank apparel such as t-shirts has become an increasingly popular option in the clothing landscape for B2C and B2B businesses. What Are Wholesale T-Shirts? How Does a Business Benefit From Buying Wholesale T-shirts?
The brand was created in partnership with Little Earth Productions and is already available on Amazon , Pet Supplies Plus and Wholesale Pet. The rapper has brought his signature style to a full line of pet gear, including pet apparel, accessories and supplies. Each retailer will carry a unique lineup of products.
A $68 T-shirt might seem like a tough sell, but eight years on, Molnar’s brand Goodlife C l othing has a host of top-tier wholesale partners, a booming DTC business and, most importantly, a cult following of customers that keep coming back. Viewing Apparel as a ‘Replenishment Resource’. Product that Delivers on its Promise.
For example, a distribution center that handles a large SKU variety such as an apparel retailer or a beverage distributor with multiple product lines will find that voice picking can drastically improve order accuracy by guiding workers precisely through each task, item by item.
The fashion retailer – which sells more than 100 ‘trend-led’ apparel, footwear and accessories brands including Champion, Perfect Stranger, Tommy Jeans, Thrills, and Wrangler – forecasts annual group sales to rise 9.7 per cent, followed by Cheap Thrills Cycle wholesales at 5.4 per cent from last year to $288.5 per cent. .
The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%. A big piece of Nike’s direct offensive has been a shift away from wholesale and toward DTC. Wholesale Will Still Play a ‘Very Important Role’. Revenues were up 5% YoY in the company’s fiscal Q3, which ended Feb.
The shoe retailer reportedly closed its wholesale accounts with Fred Meyer , Zappos , Dillard’s , City Blue , VIM , EbLens , Belk , Bob’s Stores and Boscov’s in August 2020. Nike isn’t the only apparel retailer with a strong wholesale presence looking to put a renewed emphasis on its DTC operations.
Other assets include Drummond’s interests in 17 company-owned stores and its 66 per cent shareholding in wholesale golf company Golf Works. Founded in 1974 in Victoria, Drummond sells golfing equipment and apparel with a franchise network of 50 stores across Australia.
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.
Apparel firm Accent Group has entered into an agreement to buy up the Glue Store and Next Athleisure businesses for $13 million. Glue Store, along with the NAL wholesale and distribution business, provides an established and complimentary platform to accelerate our fast growing apparel business.”.
He also led the expansion of apparelwholesaler Bella+Canvas into the retail space, offering customers direct access to product both online and in stores. Prior to that, Blakeslee held several senior position at Broder Brothers (now Alphabroder), a wholesale distributor of branded products and services. in a statement.
The company is understood to be looking to capitalise on the increased interest in the beach apparel category. Deloitte is expected to prepare a flyer highlighting Tigerlily’s position in the apparel space within the coming weeks. Founded in 2000 in Sydney, Tigerlily is known for its patterned dresses and bikinis.
Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations. In the U.S., At the intersection of fashion and outdoor, Hunter introduces another elevated global brand to Authentic’s diverse Lifestyle portfolio,” said Jamie Salter, Founder, Chairman and CEO of Authentic in a statement.
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
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. It also gives us a leadership position in the growing women’s activewear category,” said Blake W.
Apparel styles are constantly changing. Whether you order your products from one wholesale clothing supplier or a variety of them, choosing the right company can feel daunting. When searching for a new wholesaler, here are some important factors that should be met: Quality Products. EPTM Wholesale. On-Time Delivery.
million due to a decline in the wholesale channel, reflecting subdued market conditions and a material decrease in a small number of retail accounts. “The youth fashion apparel customer continues to be discerning and willing to spend on on-trend, quality clothing,” said Barbery. The group’s revenue soared 16.1
G-III Apparel Group is expanding its global footprint with the purchase of the remaining 81% interest in Karl Lagerfeld that would make the apparel design, sourcing and manufacturing firm sole owner of the luxury fashion house. The brand also includes a wholesale distribution network in the U.S.,
The deal includes managing the brand’s wholesale operations, a replatform of all of Reebok’s ecommerce sites in the region that is now live, and ongoing efforts to “drive the evolution of the brand by expanding its luxury collaboration offerings.”
Smiggles also signed an agreement with a wholesale partner to open 60 freestanding stores in the UAE, Qatar, Kuwait, Oman, and Bahrain over the next decade. The company also saw growth in all five of its mainstream apparel brands – Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E – which collectively generated sales of $844.8
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
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
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.
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.
Athletic apparel brand Under Armour posted revenue of US$1.6 Wholesale revenue decreased slightly by 1 per cent to $940 million but underlined the caution around retailers not over-committing to inventory even as the holiday season starts to ramp up, Saunders said. Apparel revenue increased 3 per cent to $1.1
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