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Renewed Focus on Wholesale Nike CEO Elliott Hill. Photo courtesy Nike) Hill emphasized on the earnings call that improving and expanding sales in the wholesale channel is a key Nike initiative under his watch. Wholesale revenue totaled $25.9 Nike Full-Year Financial Results Full-year sales totaled $46.3
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.
This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO). Journeys , one of the largest footwear retailers in the country with over 1,000 stores in North America, has been one of the most important large wholesale accounts for footwear brands for decade. 2, 2024, when comparable sales jumped 11%.
Meanwhile, wholesale sales are taking longer to recover, as wholesale accounts remain cautious on pre-season commitments in a challenging market. We are seeing short-term gross margin pressure for all brands in a highly competitive global market, said outgoing Group CEO Michael Daly. Sales were up 0.1 per cent at Oboz.
This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO) Vuori has named Ashley Kechter as Global President with full brand and P&L leadership across all markets and channels, according to a company post on LinkedIn.
This article first appeared in our sister publication Shop Eat Surf Outdoor When it comes to revenue and marketplace might, the Vans of today remains a far cry from the Vans of just a few years ago. Vans annual revenue for fiscal 2025 ending March 31 fell 16% in reported currency to $2.3 billion , parent company VF Corp.
“Frasers is a natural home for Holdsport, given their passion for sport, outdoor, brands and their focus on customer service and innovation. The company generated over £130m in sales for the year ending February 2024 and operates 88 stores across South Africa and Namibia.
Thailand’s The Nation newspaper reported that, in 2023, the wholesale and retail trade sector contributed about THB2.8 It also hosts Songkran (Thai New Year) celebrations and offers an indoor floating market. The mall is a semi-outdoor project that combines nature and the convenience of living in a city.
Now, the company is testing the waters in what is arguably the most competitive and brand-saturated sportswear market in the world. This portfolio allows Anta Group to address virtually every consumer segment, from mass-market sneakers to high-performance gear favoured by outdoor athletes and professionals. The right timing?
Salomon, the French sportswear company, has been building momentum in the Australian market for years. Amer Sports’ outdoor performance segment, driven by Salomon and its female-focussed products, including footwear, grew by 25 per cent to US$502 million.
Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. By Retail Dive Staff • Jan.
Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. But, even at the reduced levels, the higher tariffs will result in higher prices.”
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French outdoor adventure and lifestyle brand Salomon has recently become a staple of style-conscious sneakerheads, despite traditionally being known for its functional hiking and trail apparel. He attributes this new positioning to driving the huge growth of the brand in the Australian and New Zealand markets.
Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Securities and Exchange Commission. By Cara Salpini • Nov.
Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. Faris is now senior vice president of marketing for Disney Consumer Products. You can unsubscribe at anytime.
Alongside visits to cemeteries, parades, and patriotic remembrances, many Americans also take advantage of the long weekend to shop, travel, and prepare for summer with family gatherings and outdoor celebrations. Kroger, Safeway, Stop & Shop, ShopRite, Whole Foods Market, and Trader Joes: All will be open, with hours varying by location.
In the face of this, established brands, especially those with complex product ecosystems, can stall or get stuck, unsure whether to invest in sweeping business transformations that drive or support elements of circularity or to hold out for clearer signals from the market.
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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
Authentic Brands Group has announced a long-term partnership with Caprice’s BR South Pacific (BRSP) to license multiple brands in Australia, New Zealand and some Asian markets. The arrangement will include around 200 branded retail stores, along with wholesale and e-commerce platforms.
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.
15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., He also helped rebalance Vista Outdoor’s balance sheet and improve overall cash flow. ” Despite less-than-stellar sales for its direct business, Solo Brands has been seeing a hearty boost in its wholesale division. .”
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.
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 wholesalemarket, group wholesale sales grew by 11 per cent.” Sales grew 12.6
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.
Outdoor apparel retailer KMD Brands has reported a “record” first half driven by strong sales recovery across all three of its brands. The outdoors brand also made its first deliveries to wholesale partners in Europe and Canada during the half and launched French, German and Canadian websites. per cent to NZ$547.9
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.
The other overseas markets are the UK, France, Germany, Ireland, Netherlands, and Canada. Besides e-commerce sites, Vuori products will also be sold through wholesale partners including Selfridges, Brown Thomas, Cotswold Outdoor, Barry’s Bootcamp and Bever.
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. 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.
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. Kathmandu saw sales fall 17.6 per cent during the 13 weeks to 31 October, while Rip Curl sales fell 9.4
The outdoor brand has plans for an aggressive retail expansion while simultaneously continuing its community-building initiatives. Inside Retail : What is the overarching vision fuelling Hoka’s retail expansion into the Australian market? IR : Community-building initiatives have long been part of Hoka’s marketing strategy.
Wholesale revenue soared 157% despite the company’s plans to exit between 2,000 and 3,000 wholesale partnerships. Additionally, Kohl’s will begin carrying Eddie Bauer products in fall 2021 to boost its credentials in both activewear and outdoor goods.
After all, there are so many channels and touch points available that can help brands acquire new customers, test new markets and expand their reach. But just because they had a great idea to start doesn’t make them the de facto target market. DTC Brands Can Leverage the Power of Strategic Wholesale Partnerships.
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 had to find what’s special about Kathmandu and what’s unique about us in the market. IR: I love how the marketing campaigns are really bright and fun.
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.
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.
An extensive portfolio of classic and popular fashion brands will enter the Australian retail sector for the first time as Brand Machine Group (BMG), a global leader in branded fashion manufacture and licensing, launches into the local market in 2024. First up is the US$2.4 We’re hoping to have that done by the second quarter of 2025.”
O’Shea pointed to two other other retailers that have leveraged their large store bases into convenient ecommerce destinations: DICK’S Sporting Goods and BJ’s Wholesale Club. comparable sales growth during the quarter thanks to shoppers returning to the outdoors — well above the 0.2% Foot Locker managed solid 6.9%
Designer Brands has acquired Topo Athletic in a transaction that allows the DSW parent company to gain a foothold in the premium athletic and outdoor footwear categories. Prior to founding Topo, he spent 15 years with The Rockport Company , where he served as the company’s SVP of Product and Marketing.
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. Is the market saturated for mega-marketplaces with more than a million products and hundreds of categories like an eBay or Amazon?
Outdoor and camping gear wholesaler Darche taps into the same Shopify backend to sell to DTC and B2B customers. This helps teams from marketing to finance, as payments are consolidated via one platform, and one back end for reporting across refunds, chargebacks, returns, exchanges and other transaction types.
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