Retail TouchPoints

MARCH 23, 2022

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%.

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Planning Wholesale Sporting Goods Accounting 289

Retail TouchPoints

MAY 20, 2022

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.

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Retail TouchPoints

AUGUST 8, 2023

As we’ve made a strategic shift to become a licensed wholesaler, it’s clear that our long-term growth momentum must be rooted in the success of our strong network of retail partners,” said Leon Bergmann, CEO of Save A Lot in a statement. This acquisition marks the final chapter in the retailer’s wholesale transformation, which began in 2020.

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Wholesale Supermarket Grocer Location 245

Retail TouchPoints

JANUARY 18, 2024

Digital Brands Group (DBG) — the parent company of a collection of digital-first lifestyle brands including Bailey 44 , Harper & Jones and Sundry — will open its first physical store in March 2024 and plans to have 50 locations within the next several years. million in annual revenue and annual cash flow of over $500,000 a year.

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Planning Customer Retention Wholesale Location 263

Retail TouchPoints

JULY 29, 2020

Burton’s business has changed over the years, from almost exclusively wholesale to a 75%/25% mix of wholesale and DTC, but its systems hadn’t changed with it, explained Josee Larocque, Burton’s SVP of DTC and Digital Transformation in an interview with Retail TouchPoints. We began the journey by getting our heads around the data.”.

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Planning Wholesale Customer Experience Store Operations 317

Retail TouchPoints

MAY 17, 2024

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will continue to decline anywhere from 15% to 17% in North America in the coming year.

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Planning Wholesale Promotions Returns 272

Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?

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Planning Wholesale Fashion Marketing 246

Retail TouchPoints

JUNE 17, 2022

B2B brand discovery platform Product Guru is bringing its online service — which connects brands and retailers — to the real world, with plans for a series of temporary concept stores in London. The stores will be open for six days and merchandised like a retail store, but will only be open to retail insiders. “As

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Planning Beauty and Health Wholesale Marketing 292

Inside Retail

JULY 13, 2023

Ashley Sampson: Reebok has been in this market for many years, and has operated under different entities. What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. It looks like this is going to continue.

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Planning Wholesale Shipping Location 246

Retail TouchPoints

NOVEMBER 3, 2021

The brand is working to “make sure we are in tune with local markets and the operating dynamics that we’re working with today,” according to CFO Jane Nielsen. Success for the brand’s own retail operations may be leading Ralph Lauren to shift some of its attention away from its wholesale business. Revenue grew 26% to $1.5

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Planning Wholesale Marketing Location 315

Retail TouchPoints

APRIL 1, 2024

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. RTP: Casper has its roots in DTC, but you’ve since expanded with your own stores and through wholesale. How do you view those channels?

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Wholesale Consumer Shipping Customer Experience 261

Inside Retail

JUNE 12, 2023

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

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Planning Wholesale Point of Sale Marketing 244

Retail TouchPoints

MARCH 11, 2021

At the same time Adidas reported currency-neutral sales growth of 1% in Q4 2020, following declines across markets earlier in the year as a result of the pandemic. Nonetheless, Adidas is optimistic, citing the recovery seen in Q4 2020, its strong market position and attractive growth prospects for the sporting goods industry as a whole.

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Planning Wholesale Sporting Goods Accounting 230

Retail TouchPoints

AUGUST 3, 2021

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. with plans to reach more than 95 locations by the end of 2021. Krueger, Chairman and CEO of Wolverine in a statement.

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Marketing Apparel Wholesale Consumer 306

Inside Retail

JULY 18, 2023

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

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Planning Supermarket Department Stores Wholesale 246

Retail TouchPoints

JULY 26, 2024

Convenience store chain Casey’s General Stores has agreed to acquire Fikes Wholesale , owner of CEFCO Convenience Stores. Fikes Wholesale and CEFCO began as a single filling station in Cameron, Texas in 1952 and have since grown to encompass 198 stores across multiple states as well as a dealer network.

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Wholesale Finance Planning Location 264

Retail TouchPoints

NOVEMBER 22, 2024

BJ’s Wholesale Club will raise its annual membership fees by $5 to $60 per year, and its Club+ fee will rise $10 to $120 per year, effective Jan. Our third quarter results demonstrate the combination of great value and strong execution,” said Bob Eddy, Chairman and CEO of BJ’s Wholesale Club in a statement. “We million members.

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Wholesale Location Planning Marketing 276

Inside Retail

FEBRUARY 11, 2024

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards. It also took home the award for outstanding growth.

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Planning Drop-Shipping Customer Experience Wholesale 264

Inside Retail

JUNE 30, 2024

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.”

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Marketing Telecommunications Sporting Goods Promotions 246

Retail Focus

AUGUST 23, 2022

Primark is partnering with the Vintage Wholesale Company, an independent vintage clothing business, to open two new concessions in its flagship Birmingham and Manchester stores, under the brand WornWell by the Vintage Wholesale Company. . Riccardo Seaton, Director of WornWell by the Vintage Wholesale Company : . “We

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Wholesale Boutique Fashion Marketing 279

Inside Retail

JULY 19, 2023

After winding up the label, she identified an opportunity to combine her passion for fashion and design with her experience in wholesale, and working with corporate and hospitality clients. Its new partnership with Glow Capital Partners is set to further accelerate its growth into new markets. I think aprons were primed for disruption.”

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Planning Telecommunications Fashion Wholesale 246

Inside Retail

NOVEMBER 8, 2023

EOIs aren’t done deals, but the calls I’ve received have ranged from regular customers who genuinely love the business and want to be a part of it, to wholesale investors and growth funds who are looking at Belles from a commercial perspective,” Jenner-Leuthart said. “We Beyond this, Belles has set its sights on international markets.

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Planning Location Wholesale Management 244

Inside Retail

JUNE 25, 2024

Other assets include Drummond’s interests in 17 company-owned stores and its 66 per cent shareholding in wholesale golf company Golf Works. The company boasts 30 per cent market share with more than 150,000 golfers visiting its stores monthly, while its online store has more than 250,000 visits each month.

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Wholesale Apparel Planning Marketing 306

Retail TouchPoints

JANUARY 9, 2024

Steep Marketing Spend, without Results News of Merris’s departure came as Solo Brands lowered its financial guidance for the 2023 fiscal year: revenue is now expected to be between $490 million and $500 million , which is a modest drop from the company’s previous guidance of between $520 million and $540 million.

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Outdoor Wholesale Marketing Spend Sporting Goods 290

Retail TouchPoints

MAY 12, 2023

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. Bluestar plans to invest in marketing initiatives to introduce new consumers to the brand and support strong consumer engagement worldwide.

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Wholesale Accessories Apparel Brand Management 330

Inside Retail

APRIL 22, 2021

This is likely to be executed at a relatively modest cost compared to massive marketing budgets spent by brands to acquire new customers. The Amazon Salon builds on this by offering professional customers benefits such as wholesale pricing, invoicing and no minimum order value. The post Can Amazon blow out the hair care market?

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Marketing Wholesale Consumer Location 246

Retail TouchPoints

OCTOBER 14, 2021

To say everyone is worn out is probably an understatement, and by all accounts marketers in particular are feeling the pressure — a staggering 70% of marketing executives said the pandemic has left them “completely exhausted,” according to a new report from Accenture Interactive. Forget About Personalization, Focus on Relevancy.

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Marketing Promotions Consumer Customer Experience 299

Retail TouchPoints

JANUARY 13, 2023

The creditors plan to take over Morphe’s wholesale operations, online platforms and international retail stores, subject to court approval. FORMA Brands plans to use the transaction to strengthen its financial position and help execute its long-term growth strategy, which includes a pivot toward wholesale and ecommerce operations.

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Wholesale Finance Promotions Planning 289

Retail TouchPoints

DECEMBER 4, 2024

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. Calpak put its brick-and-mortar plans on hold during the pandemic but then doubled down in 2022 when “revenge travel” ramped up and demand was more sustained.

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Wholesale Planning Accessories Marketing 296

Retail TouchPoints

AUGUST 7, 2024

Reporting directly to Linnartz, Dausch led global brand, marketing, digital engagement and customer experience across all commerce channels. For the entire fiscal year, Under Armour also reported a revenue drop of 3% , with North America revenue and wholesale revenue suffering the most, with a loss of 8% and 7% respectively.

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Retail TouchPoints

FEBRUARY 22, 2021

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.

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Inside Retail

JUNE 25, 2024

A prospective backdoor listing and a marriage of convenience have enlivened end of financial year stock market prognostications. A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B.

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Apparel Department Stores Wholesale Fashion 277

Retail TouchPoints

DECEMBER 7, 2021

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. The markets will always have ups and downs, but Alibaba has ambitious long-term goals. billion for monopolistic practices earlier this year.

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Wholesale Consumer Marketing Planning 277

Inside Retail

APRIL 3, 2024

Drawing on his family background in footwear, and his own experience in the industry, having started working in Chinese footwear manufacturing in 2011, he launched Alias Mae as a wholesale business. IR: You started as the customer service and wholesale manager, how have you witnessed the brand’s evolution in your time at the company?

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Marketing Wholesale Boutique Management 178

Retail TouchPoints

MARCH 13, 2024

have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. Tempur Sealy initially announced its plans to acquire Mattress Firm in May 2023 for $4 billion in a cash and stock transaction. Initially, Purple only planned to commit to the partnership for a two-month period.

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Wholesale Planning Consumer Marketing 275

Retail TouchPoints

DECEMBER 16, 2024

WHP Global has partnered with Cotton Candy International to bring both Toys R Us and Babies R Us brick-and-mortar stores to Latin American and Caribbean markets, beginning with flagship stores in Panama that are scheduled to open next year. Retail Group , including a store in the Mall of America. The initial U.S.

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Retail TouchPoints

MARCH 16, 2021

PINKO , known for its prêt-à-porter collections for women, is planning a U.S. in addition to more than 250 single-brand and franchised stores globally, and approximately 1,500 wholesale sales outlets. Our new Manhattan store launches our American expansion plans,” said PINKO Chairman and CEO Pietro Negra in a statement.

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Fashion Wholesale Planning Location 279