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Liberated Brands , which manages operations for multiple well-known surf and outdoor brands, filed for bankruptcy in the U.S. Closing sales at all 122 store locations have begun, managed by Gordon Brothers. Bankruptcy Court for the District of Delaware earlier this week, according to reporting in Shop Eat Surf and other publications.
US-headquartered brand Authentic Brands has acquired the intellectual property of British outdoor lifestyle brand Hunter for an undisclosed sum. The 160-year-old brand offers a diverse footwear assortment, outerwear, backpacks, and accessories built for outdoor performance in both rural and urban conditions. “At
Meanwhile, wholesale sales are taking longer to recover, as wholesale accounts remain cautious on pre-season commitments in a challenging market. per cent at Rip Curl, up 3 per cent at Kathmandu and down 6.3 per cent at Oboz. Net debt at the end of the period was $69.3 Sales were up 0.1 million, down $18.2
Authentic Brands Group (Authentic) has purchased the intellectual property of Hunter , the 160-year-old British heritage brand, famous for its iconic Original Wellington boot, that has evolved into an outdoor lifestyle brand. Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations.
The associates at a Patagonia store in Reno, Nev. have voted to join the United Food and Commercial Workers (UFCW) Local 711 , marking the first successful unionization effort at a Patagonia store. with the RWDSU and five Vertical Endeavors climbing gyms in Minnesota.
New Zealand outdoor and lifestyle retailer Kathmandu has taken the wraps off its major global rebrand today, shifting its focus to become more accessible, inclusive and fun, as it prepares for international expansion into Europe. Instead, the sector is now about wellness and encouraging people from all walks of life to enjoy the outdoors.
REI Co-op will stock a curated selection of Athleta products at 135 of its stores nationwide and online. 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.
15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., ” Despite less-than-stellar sales for its direct business, Solo Brands has been seeing a hearty boost in its wholesale division. will take over. Metz has more than 25 years of experience leading consumer and durable goods companies.
Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half. Group sales for the half were recorded at $379.95 million) while underlying EBITDA was estimated at $9.52 million (NZ$407.3 per cent, a loss of $5.13
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
Outdoor apparel retailer KMD Brands has reported a “record” first half driven by strong sales recovery across all three of its brands. Statutory tax-paid profit reached $14 million with underlying EBITDA at $45.3 Statutory tax-paid profit reached $14 million with underlying EBITDA at $45.3 per cent to NZ$547.9 per cent to $47.5
In response, interiors wholesale company McGowan & Rutherford in Cambridge has seen a 40 percent sales increase for its black-framed mirrors and a 20 percent increase for its rustic bottles and vases. Since then, the trend has continued and numbers have remained high.
Multibrand outdoor apparel retailer KMD Brands has appointed Megan Welch as CEO of Kathmandu. Megan’s multi-channel expertise across retail, wholesale and digital makes her the ideal leader for Kathmandu as we continue to grow the business and expand our global presence.”
Following a difficult, but relatively strong annual result for last year , outdoor group Kathmandu has suffering a weak start to FY22, with first quarter sales down for both its Kathmandu and Rip Curl brands. per cent at Rip Curl and 58.4 per cent at Kathmandu. Kathmandu saw sales fall 17.6
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.
Barbeques Galore has launched a B2B e-commerce site as it looks to grow its wholesale business both in Australia and overseas. The global B2B e-commerce market was valued at US$7.4 Currently, Barbeques Galore’s wholesale business includes 200 independent distributors in Australia and a growing number worldwide. “We’re
Design elements for the Concept 019: Burberry store-in-store experience aim for a luxurious but inviting approach to the outdoors, specifically the idea of a cozy cabin. The collection will be available online and in stores through January 2023. The space relies on soft materials that resemble a “winter wonderland” setting with deep snow.
“Our performance in Q2 was driven by a strong response to our product offering, improving productivity in our stores, and sustained strength in ecommerce,” said Meghan Frank, CFO at lululemon in a statement. Wholesale revenue soared 157% despite the company’s plans to exit between 2,000 and 3,000 wholesale partnerships.
Get these items from wholesale suppliers and profit for the holiday. While these are hot commodities, there are plenty of other wholesale merchandise retailers can offer shoppers to make the most stunning baskets: Wholesale Decorated Easter Eggs Glittery colors and patterns make a step-up for your egg hunts and gift baskets.
From switching its focus on hardcore sporting adventures to inspiring joy in the great outdoors, Kathmandu is changing things up as it primes itself for global ambitions. We’re about being more inclusive and making the outdoors more accessible to everybody. Inside Retail: Let’s discuss Kathmandu’s global transformation.
The outdoor brand has plans for an aggressive retail expansion while simultaneously continuing its community-building initiatives. Prasanna Bhaskar: The Hoka online and wholesale businesses have shown 20 per cent growth in Australia and New Zealand over the past year. PB: At Hoka, our reason for being is our community.
Image courtesy REI) This Earth Month, outdoor retailer REI Co-op is showcasing its ongoing recycling partnership with decking manufacturer Trex , at its Signature Camp near Bryce Canyon National Park in Utah. REI Campsite Outfitted with Recycled Trex Decking An REI Signature Camp featured recycled Trex decking.
So many DTC brands start out where a founder saw a niche in the market based on their own personal experiences,” said Nikki Baird, VP of Strategy at Aptos in an interview with Retail TouchPoints. But just because they had a great idea to start doesn’t make them the de facto target market. Using Data to Unlock Expansion Opportunities.
After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”. per cent, bringing in $891 million, largely off the back of Rip Curl’s stellar performance and growth in North American shoe brand Oboz.
After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”. per cent, bringing in $891 million, largely off the back of Rip Curl’s stellar performance and growth in North American shoe brand Oboz.
Dobbies, the UK garden centre retailer has today (Thursday 5 October) officially opened its largest ever store at The Junction Retail and Leisure Park. I’m delighted to say occupancy levels are now at 92% – a testament to the investment and commitment the team here at The Junction have made to drive this destination forward.”
The secret to Target’s success is the retailer’s expertise at utilizing its stores for fulfillment, whether as a staging ground for last mile delivery or an efficient curbside pickup hub. There’s been a framework for this,” said Charlie O’Shea, VP at Moody’s in an interview with Retail TouchPoints.
Outdoor and camping gear wholesaler Darche taps into the same Shopify backend to sell to DTC and B2B customers. About the author: Erik Newcomb is director of merchant success Apac at Shopify. Improve operational efficiency Business efficiency issues are a big pain point for many Australian retailers.
Next play will be to work with certain retailers in the market to introduce the brand to the wholesale community,” Jalil added. To seamlessly introduce its brand portfolio to the Australian market, BMG will take a strategic approach using wholesale and direct-to-consumer (DTC) avenues. It’s not about success or failure.
It’s probably twofold why [marketplaces are] starting to explode,” said Richard Hankin, a former eBay executive who is now SVP of Go-to-Market, North America at marketplace SaaS solution Marketplacer. Marketplace White Space #1: Wholesale. trillion dollars and account for 59% of all global ecommerce by 2027. “It’s
Sales at the privately held retailer hit $1.8 billion thanks in part to heightened demand, omnichannel investment, and international and wholesale expansions.
Christmasworld focuses on the strongest-selling and most emotional time of the year and exploits the success factor of experience at the point of sale like no other consumer-goods trade fair. Additionally, you can compile your own personal list of companies, products and events and check at any time, even when you are offline.
The increased cost of freight and raw materials are driving up prices at Rip Curl and Oboz, where consumers in some markets could soon pay more for items such as wetsuits and hiking boots than they did a few months ago. At the same time, he said there are other levers KMD Brands could pull to deal with inflation beyond simply raising prices.
All decked out in its red, white and black livery, Tops Club, a new warehouse format created by Thailand’s Central Retail, opened a flagship at Central Rama 2 shopping mall in the southern suburbs of Bangkok on 28 September. Finally, you can’t shop at Tops Club unless you take out a membership, like Costco. A different kind of quack.
They have a retail-wholesale philosophy — they have their own stores, they’re in large department stores [through concessions] and they hold licences for a bunch of very well loved and established brands. IR: What about that mix of own stores, concessions, wholesale and licencing appeals to you as a retail business model?
Although HOKA has a burgeoning wholesale presence in Dick’s Sporting Goods , Nordstrom , REI and other retail partners, the brand’s inaugural flagship store on New York City’s Fifth Avenue is a “key brand milestone,” according to Brooke Lord, Vice President and General Manager of HOKA U.S.
The company sold 105 million shares for US$13 instead of the US$16-18 it originally floated, putting Amer Sports’ valuation at over US$6 billion. Despite Salomon and Arc’teryx being primarily outdoor-performance brands, the fashion industry has welcomed them with open arms as serious apparel designers.
The key colors for next Spring/Summer include shades of gender-neutral Butter; Bubblegum Pink, Atlantic Blue, and preppy strong reds which are bold and joyful; Leafy Greens and shades of brown which reflect the staple outdoor lifestyle; and shades of orange from Mango Sorbet to Golden Peach which exude warmth and happiness. Accessories.
New Zealand outdoor clothing retailer Swanndri is looking to key overseas markets for growth, as it evolves beyond its workwear roots to attract a growing number of people in suburbs and cities. The brand currently has around 400 wholesale accounts in the country, but they’re primarily located in regional areas. Back to its birthplace.
At last month’s Toy Fair in Melbourne, Josh Bonello, sales director of toy manufacturer and distributor BMS Brands, recalls every retailer he engaged with saying they wanted to forget 2023, a terrible year for most. Founded as a niche book wholesaler, the company expanded into toys six years ago and that category is now its main focus.
The business originally entered the US as a wholesaler, but now has its sights set on building its own omnichannel offering. Most of them, if they’re doing that, will wholesale through Space Furniture or other brands like that. The US is currently the largest single market for furniture in the world, according to Spon-Smith.
Prior to that, he spent 20 years at PepsiCo, Inc. Mr. Burwick serves on the board of Deckers Outdoor Corporation, a publicly held footwear design and distribution company, and The Duckhorn Portfolio, Inc., The post Dave Burwick to join BJ’s Wholesale board of directors appeared first on MMR: Mass Market Retailers.
According to Hard Yakka’s brand and content manager Kathryn Dawson-Lee, the partnership is aimed at reaching customers who no longer just wear workwear on the job. While Hard Yakka does operate its own direct-to-consumer offer online, it is primarily a wholesale brand. A reinterpretation of the past.
(PRESS RELEASE) TUKWILA, WA — Rainier Industries announces the acquisition of Outdoor America Images (OAI) Corporation, located in Tampa, Fla. Each organization is well established with designers and other wholesalers, and this merger is will strengthen and broaden those relationships. “The Learn more at rainier.com.
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