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Liberated Brands , which manages operations for multiple well-known surf and outdoor brands, filed for bankruptcy in the U.S. 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.
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
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. comparable sales growth during the quarter thanks to shoppers returning to the outdoors — well above the 0.2%
15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., Metz has more than 25 years of experience leading consumer and durable goods companies. ” Despite less-than-stellar sales for its direct business, Solo Brands has been seeing a hearty boost in its wholesale division. .”
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 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.
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.
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. ” Download the Faire Forecast 2025 here.
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
Fiskars Group is a global home of design-driven brands for indoor and outdoor living including Fiskars, Gerber, Iittala, Royal Copenhagen, Moomin Arabia, Waterford, and Wedgwood, with presence in more than 100 countries. million (US$161 million).
Barbeques Galore has launched a B2B e-commerce site as it looks to grow its wholesale business both in Australia and overseas. Currently, Barbeques Galore’s wholesale business includes 200 independent distributors in Australia and a growing number worldwide. Today, the business also retails heating and outdoor furniture.
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. Exciting projects are in the works for our Australian consumers.
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.
As many direct-to-consumer brands are learning, there is no one-size-fits-all strategy for growth. As the concurrent shift toward consumer privacy and away from third-party cookies continues, brands are going to have to intelligently leverage data to better understand their consumers and forge more strategic (and unique) paths to growth.
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%
Outdoor brands retailer KMD Brands has reported lower sales in the first four months of FY24 reflecting weaker consumer sentiment. per cent, respectively, as wholesale sales for both brands declined, with retailers reducing inventory in the short term. Sales fall 12.5 Rip Curl and Oboz’ sales tumbled 5.7 per cent and 18.2
Get these items from wholesale suppliers and profit for the holiday. Some of the most popular items consumers love to include in an Easter basket are chocolate bunnies, individually wrapped candy, arts and crafts, chewy candy, and bunny stuffed animals. Easy profit margin at wholesale quantities. Four Seasons 323-826-1199 www.4sgm.com
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.
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. We’ll do online direct-to-consumer and have wholesale partners.
billion thanks in part to heightened demand, omnichannel investment, and international and wholesale expansions. Sales at the privately held retailer hit $1.8
Speaking to merchants in Australia, it’s clear that the retail landscape is more competitive than ever, intensified by the influx of global e-commerce players and price-conscious consumers. Outdoor and camping gear wholesaler Darche taps into the same Shopify backend to sell to DTC and B2B customers.
The opportunity to meet consumer demand is more than apparent with the Australian children’s apparel market tipped to have a value of about $5.39 Next play will be to work with certain retailers in the market to introduce the brand to the wholesale community,” Jalil added. First up is the US$2.4 It’s about integrity. “It’s
In fact, there are three retail areas in particular — wholesale, off-price and grocery — where the marketplace opportunity is still wide open, primarily because each faces unique digitalization challenges that have slowed their move online. Marketplace White Space #1: Wholesale. Marketplace White Space #2: Off-Price.
In Deckers’ financial results, President and CEO Dave Powers reaffirmed that HOKA was one of its “most admired and well-positioned brands in the marketplace,” with a “robust innovation product pipeline designed to win with global consumers.” As in any community-driven store, the goal is to build relationships and foster loyalty.
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. This makes it the world’s most important ordering event for the international decorations and festive decorations sector.
Outdoor apparel retailer KMD Brands has reported sales boomed across its brands as trading conditions normalise on both sides of the Tasman. With supply-chain challenges no longer a constraint, Oboz achieved a record first quarter in both wholesale and online sales. For the 14 weeks to November 6, group sales rose 61.8
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. It’s not going to be an aggressive retail rollout, it’s very much a wholesale and online strategy.”.
Other retail IPOs that are still to come in 2024, such as Shein, could fare better; since Amer Sports derives 70 per cent of its revenue from wholesale, not DTC purchases, it may not be indicative of a wider trend. The post Growth potential is not enough: Why Amer Sports’ IPO fell short appeared first on Inside Retail Australia.
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?
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.
We look forward to leveraging his deep consumer knowledge and expertise as we continue to execute the company’s long-term strategy and maximize shareholder value.” Mr. Burwick serves on the board of Deckers Outdoor Corporation, a publicly held footwear design and distribution company, and The Duckhorn Portfolio, Inc.,
While Hard Yakka does operate its own direct-to-consumer offer online, it is primarily a wholesale brand. Thankfully, the business’ wholesalers have welcomed the collaboration with open arms. “I To Fontes, the leap from clothing to music is simple.
. “Chris is a highly accomplished managing director, CEO and business retail leader, having spent more than 30 years in mass FMCG, specialty, big-box and omni-channel retail wholesale trade businesses with a broad experience obtained through many operational and support office roles,” Johnston said.
As the most comprehensive trade event for consumer merchandise in the U.S., retailers and distributors of all sizes will find that the show floor is filled with quality choices at every wholesale price point. The Rocky Mountain Apparel, Gift & Resort Show is the mountain region’s premier wholesale retail buyers event.
Under Armour will open three new brand-owned stores in key cities throughout the UK over the next couple of months, following significant growth and consumer demand in the market. The retail stores will use Under Armour’s new cutting edge city concept.
The company has a much-admired portfolio of timeless retail projects going all the way back to the superb, award-winning Greenbelt in Makati City, opened in 1988, which incorporates indoor and outdoor retail precincts in a 12-hectare park. Retail and wholesale trade have made key contributions to the improvement.
Retail experts are expecting a huge boom in brick-and-mortar sales come the spring and summer months since the vaccine rollouts are making consumers more comfortable to shop in person. In 2020, we saw consumers fully embrace the expanded world of self-scanning, buy-online-pick-up-in-store (BOPIS), and home delivery.
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. Earlier this week, PAS announced that it will be bringing back Italian denim giant Replay into the Australian and New Zealand market.
However, the arrival of spring and the Easter Bank Holiday weekend fuelled growth at pubs and sports & outdoor retailers, while ticket sales for the Eurovision Song Contest in Liverpool boosted the entertainment sector. percent), as the Easter weekend and arrival of spring encouraged more Brits to enjoy social and outdoor activities.
Meet Consumers Where They Want to Shop. “I In agreement with Rodier, Phil Lore, Chief Revenue Officer at Affinity Solutions , advises retailers to look at the messaging that is happening across channels and driving offline engagement for consumers. Prepare for typos and misspelling. Personalization Will Dominate Retail. Piggy Paint.
Consumer card spending grew just 4.3 However, the arrival of spring and the Easter Bank Holiday weekend fuelled growth at pubs and sports & outdoor retailers, while ticket sales for the Eurovision Song Contest in Liverpool boosted the entertainment sector. This led to a return to growth for sports & outdoor retailers (+0.6
There is no denying the pandemic has significantly modified the purchasing habits of consumers. Feedvisor’s latest 2021 Consumer Survey reveals the top categories where customers plan to purchase more: Clothing, Shoes, and Jewelry — 60% online and 41% in-store. Beauty and Personal Care — 49% online and 34% in-store.
NO: In China, we have a direct-to-consumer business through Tmall, Little Red Book and a couple other platforms, a wholesale business through some department stores in Beijing, Little B and Sephora, and a Taobao reseller business that sits alongside that. IR: What does your presence in the APAC region look like?
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