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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.
Two of the nations major employers, with a combined workforce of 320,000 staff and about a 66 per cent share of the grocery market, Woolworths and Coles endured a 2024 they would no doubt rather forget. Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years.
As he drove around the streets of Chicago looking for local retailers interested in steeply discounted Christmas tree bulbs and the like, he had his own lightbulb moment perhaps there was a larger market for excess and out-of-season inventory. Normans company, The Bazaar Inc. Being the third generation is tough, Bradley said.
But one area of commerce has stubbornly resisted this move toward digitization — wholesale. There are three major players in the retail industry — the brands that make the products, the retailers that sell the products and the consumer who buys from the retailer,” said Max Rhodes, Co-founder and CEO of B2B marketplace Fa i re.
Exclusive: Google Debuts New Retail Media Solution with Lowes as First Beta Tester (March 18, 2024) Retail media was THE growth story in 2024, fueled by these networks ability to target consumers at key decision points in the shopper journey. consumers wallet.
The stores, which will leverage existing infrastructure and strength of the Adore Beauty brand, will help broaden the company’s addressable market, increase brand awareness and boost customer acquisition.
Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.
Laura Ashley now joins Marquees slate of consumer brands, which includes Martha Stewart , Sur La Table , BCBG , Destination Maternity and Dakine. The Laura Ashley brand currently is distributed in more than 80 countries via wholesale, digital marketplaces and at more than 150 branded retail locations.
Now, Bogg Founder and CEO Kim Vaccarella is bringing the bag to even more consumers thanks to a new partnership with Target. We started doing trade shows and focused on wholesale. I visit them, and we text about what’s hot in the market, what new colorways they’re seeing. RTP: How did COVID affect your operations?
The brands themselves, including RVCA, Volcom and Billabong , are still owned by Authentic Brands Group , and they will be moving to new wholesale licensees in North America. Closing sales at all 122 store locations have begun, managed by Gordon Brothers. million , according to court documents cited by Shop Eat Surf.
For retailers and consumer businesses, a surge in data breaches presents difficult challenges. From ecommerce, logistics and digital marketing, these sectors are heavily reliant on data for their day-to-day operations. In the retail and consumer sectors, the average cost of a security breach was below this average, sitting at $3.91
The traditional wholesale model is broken – and Covid is not to blame. Consider how a traditional wholesale deal works. One thing the Covid pandemic has done is made consumer demand more erratic than ever before; retailers suffer the risk of building stockpiles of products that cannot be sold at profit.
KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent and 21.5
If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. Digital Marketing. to visit your website.
KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent year over year to $434.2
When Edward and Judy Kwon founded Calpak 35 years ago, they modernized the luggage and travel goods sector by investing in innovative design and marketing. But as many brands have learned, the major growth unlock for Calpak’s next phase was physical retail — especially given the highly visual and tactile nature of its category. “If
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’.
BJ’s Wholesale Club has partnered with DoorDash to offer on-demand grocery delivery from 226 locations across 17 states. Same-day delivery is a hot market attracting attention from multiple competitors, and it’s easy to see why. Products available for on-demand delivery include deli meat, dairy and other grocery staples.
The Ad Populum affiliate that has emerged as the winning bidder is called New Amscan in a nod to Party Citys former wholesale division Amscan, which was included in the acquisition. 26, 2025to receive court approval of both the IP and wholesale business sale to New Amscan as well as the real estate sales.
This is also the reason why the brand doesnt sell its products on a wholesale basis. We go direct to consumer because we would rather give our customers a really high-quality product, and if that means that there’s less margin in there, we don’t mind.
Ralph Lauren has reported a lower growth rate for its fourth-quarter revenue, but an analyst said the brand is still doing well amid a wider slowdown in the luxury market. Neil Saunders, MD of GlobalData, said the moderate growth was in line with expectations given the general trend in the luxury market. “In Sales in Asia were up 1.1
Global womenswear and lifestyle brand Club L London announces the appointment of Dan Lorenson as its new Chief Marketing Officer (CMO). Dan has been a key figure in the brands evolution since 2018, initially collaborating as the Founder of boutique marketing agency Flying People.
It’s not easy to be a mid-market retailer in Australia right now. There is increased competition from e-commerce players, the local market and major international brands. There is also subdued consumer sentiment and the rising cost of doing business. Yakubson tapped Taylor to be Dusk’s chief marketing officer in May.
But the ease and personalization found on consumer-facing ecommerce sites, especially robust marketplaces like Amazon and Walmart , are simply too good to ignore. These consumers came of age with smartphones in hand and laptops in backpacks, Chandel explained. Want to learn more?
The trend is being fueled in part by the popularity of social media unboxing and haul trends, but also by an increased desire from consumers for experiences following the forced isolation of the COVID years. In fact, marketing agency Empower said its seen a 90% increase in consumer interest in the advent calendar category since 2020.
But with such an expansive reach — one that extends across its branded channels as well as a robust network of national, regional and local retailers — Fender has sought better ways to understand the behaviors of these consumers and engage with them in more intentional and relevant ways.
Instead of relying on international retailers and wholesalers to come to Australian shores to discover local talent, We Wear Australian is bringing 12 emerging and established designers to the global stage. I ended up [locating the showroom] in the West Village because, to me, the consumer was right there, stated Atkinson.
But as these brands and many others look to new channels, such as stores and wholesale, to combat flagging sales and elusive profitability, True Classic is doubling down on digital. . Now, like many of its counterparts, True Classic is moving into brick-and-mortar and considering wholesale, although Amazon isn’t the cards, at least not yet.
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 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.
But after a lackluster IPO in 2020 , the company retreated from the public market just two years later when it was acquired by private equity firm Durational Capital Management in 2022. It flipped the script and put the power with the consumer, and that changed the entire category. This category is still very anti-consumer at its core.
Sweaty Betty makes more than 80% of its revenue through the direct-to-consumer channel, which was a boon during the 2020 lockdowns. The acquisition of Sweaty Betty complements our strategic shift over the last several years from a traditional footwear wholesaler into a consumer-obsessed, digital-focused growth company.
Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock.
KMD Brands has reported flat sales for the fiscal first half despite improvements in its direct-to-consumer business. Meanwhile, wholesale sales are taking longer to recover, as wholesale accounts remain cautious on pre-season commitments in a challenging market. The groups sales edged up 0.5 per cent to $428.5
Australians have been outed as the worlds biggest fashion consumers, purchasing on average 56 new items of clothing per person each year. However, the garments most consumers purchase are rarely locally made and, according to The Australia Institute, their average value is just $13. This is only fuelling the fast fashion waste crisis.
Technological innovations have optimized and enhanced almost all areas of the retail organization, from marketing to fulfillment, but the process of bringing products to market has been markedly slower to advance. MakerSights launched in 2015.
The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”
athleisure market as a whole is expected to grow at a compound annual growth rate (CAGR) of approximately 7% through 2028. We target high-ceiling markets where we feel the customer will resonate with our product and our brand, and markets where we can interact with the customer in an omnichannel way.
per cent increase over the same quarter last year, which COO David Weinberg said reflects strong consumer demand across all distribution channels. Despite market challenges, Weinberg added that the company experienced 21 per cent growth in wholesale and a 10 per cent increase in direct-to-consumer channels.
The Australian Competition and Consumer Commission (ACCC) has published its final report following a year-long inquiry into the countrys supermarket sector. The report includes 20 recommendations to increase competition and price transparency for consumers and suppliers. Coles market share is less than 30 per cent.
OTB, parent of Diesel, Jil Sander, Maison Margiela, has reported lower sales for the last fiscal year as a decline in wholesale more than offset growth in the direct-to-consumer (DTC) channel. Meanwhile, the wholesale channel experienced a slump due to the general downturn. These offset the slowdown in the Chinese market.
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%.
KMD Brands has boosted direct-to-consumer (DTC) sales amid a cautious retail environment. Direct-to-consumer sales trends continue to improve for all three of our brands, while the wholesalemarket is taking longer to recover, said Michael Daly, MD and Group CEO. Rip Curls wholesale sales fell 13.4
And at the brand level, we have the honor of spotlighting executives from both established legacy retailers as well as emerging direct-to-consumer brands. In many cases, winners helped bring new solutions, market categories and concepts to market, elevating the standards for success in the retail industry.
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