DTC
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Permission granted by On
Footwear brand On posts record quarterly sales with strong DTC growth
The company has plans to open a second store in Paris and is hoping to have a “notable impact’’ at the Paris Olympics that begin in July.
By Suzette Parmley • May 16, 2024 -
Daphne Howland/Retail Dive
Under Armour plans layoffs, 25% SKU reduction
With founder Kevin Plank back at the helm, the retailer is overhauling its product strategy. The brand will cut back on promotions, reprioritize men’s and invest in innovation.
By Cara Salpini • May 16, 2024 -
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Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs.
By Retail Dive staff -
Courtesy of Andie Swim
Mindy Kaling and Andie Swim launch second collection together
The summer camp-themed capsule includes cover-ups, two-piece suits and one-piece suits and comes as the swimwear market heats up.
By Suzette Parmley • May 16, 2024 -
Retrieved from Foxtrot website.
Foxtrot files for bankruptcy
The decision to file for Chapter 7 was made during a meeting with Outfox’s board of directors late last month.
By Brett Dworski • May 16, 2024 -
Courtesy of Lulus
Lulus partners with Levi’s on new collection
The denim-inspired capsule will be sold at Lulus’ Los Angeles store and is part of the brand’s curation strategy.
By Suzette Parmley • May 15, 2024 -
Courtesy of Buck Mason
Buck Mason opens second Chicago store
The Los Angeles-based clothing company now has 32 retail locations and sees potential to continue growing its physical footprint.
By Howard Ruben • May 15, 2024 -
Permission granted by Purple
Purple Innovation posted 33.1% growth in wholesale, while DTC stayed flat in Q1
The sleep brand is targeting five areas of improvement as softness in the home furnishings industry persists.
By Suzette Parmley • May 14, 2024 -
Courtesy of Crocs
Crocs expands takeback program
Used footwear from the brand can be dropped off at collection boxes or mailed in, with customers earning 10% off for returning old shoes.
By Xanayra Marin-Lopez • May 14, 2024 -
Courtesy of Hilma
Hilma expands wholesale reach with Walmart deal
Three of the DTC brand’s products are available at Walmart, as the retailer bolsters similar deals with Target and Walgreens.
By Suzette Parmley • May 14, 2024 -
Courtesy of Beyond Meat
Beyond Meat CEO sees 2024 as a ‘pivotal year’ despite grim Q1 results
The plant-based pioneer had its eighth straight quarter of revenue declines and is raising prices as it seeks to recapture margins.
By Elizabeth Flood • May 14, 2024 -
Brett Dworski/Retail Dive
Foxtrot’s assets sold for $2.2M in what one attendee called a ‘completely ramrodded’ auction
The virtual sale on Friday seemed to leave people with more questions than answers after organizer JPMorgan Chase didn’t describe the lot for sale and only entertained one bid.
By Brett Dworski • May 14, 2024 -
Courtesy of Adore Me
Adore Me launches AI design tool
AM by You, which uses generative AI, allows consumers to create their own customized bralette and panty set.
By Howard Ruben • May 13, 2024 -
Courtesy of Lilly Pulitzer
Lilly Pulitzer unveils new logo for the first time in over 15 years
The move is part of a broader brand refresh that is intended to modernize the 65-year-old resort apparel company.
By Suzette Parmley • May 13, 2024 -
Courtesy of Eastside Golf
Eastside Golf launches first women’s line
The brand’s women’s collection will roll out in three phases and features more than 20 items, including tracksuits, dresses and polos.
By Howard Ruben • May 10, 2024 -
Courtesy of Adidas
The Weekly Closeout: Joann exits bankruptcy while Adidas teams with Korn
The craft retailer has $153 million in new financing as it goes private and the athletic giant released a follow up to last year's partnership.
By Retail Dive Staff • May 10, 2024 -
Zolnierek via Getty Images
Thrive Market to pay more than $1.5M to settle civil lawsuit
The suit alleges the membership-based e-grocer violated a California state law prohibiting companies from automatically renewing subscriptions without affirmative consent.
By Peyton Bigora • May 10, 2024 -
Ben Pruchnie/Getty Images via Getty Images
Wolverine World Wide names new CFO, reports 34% revenue decline
Despite the revenue dip, the Merrell owner said results were better than expected as it continues its restructuring plan.
By Laurel Deppen • May 10, 2024 -
Daphne Howland/Retail Dive
Warby Parker narrows losses in Q1 as it posts 16.3% revenue growth
The brand is continuing to build out its footprint, opening eight stores in the first quarter and planning 40 net new stores by the end of the year.
By Caroline Jansen • May 9, 2024 -
Caroline Jansen/Retail Dive
Allbirds revenue plummets 28% in Q1 as CEO says the brand is ‘executing with urgency’
Joe Vernachio said the retailer shuttered three stores in the quarter and is on track with its planned closures, which will amount to 10 to 15 this year.
By Cara Salpini • May 9, 2024 -
Courtesy of SpoiledChild
Oddity posts ‘record’ revenue growth in Q1, raises full-year outlook
The company said that Il Makiage and SpoiledChild are on track to become billion-dollar brands.
By Howard Ruben • May 9, 2024 -
Kaarin Vembar/Retail Dive
Foxtrot’s assets to be sold this week
Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.
By Brett Dworski • May 8, 2024 -
Kevork Djansezian/Getty Images via Getty Images
Lululemon leans into pickleball with Life Time partnership
The tie-up, which makes the athletics retailer the official apparel partner of Life Time pickleball and tennis, also involves event collaborations.
By Howard Ruben • May 8, 2024 -
Courtesy of Meati Foods
Meati bucks trend and gets $100M funding boost
While the alternative meat sector has been struggling to raise funds, the Boulder-based company is on its way to becoming a household name.
By Elizabeth Flood • May 8, 2024 -
Courtesy of Brooks Running
Brooks Running reports ‘highest quarterly results in brand’s history’
The DTC brand said its Q1 success is due in part to its multichannel strategy and product innovation.
By Suzette Parmley • May 8, 2024 -
Courtesy of HeyDude X Foot Locker
Heydude still a drag on Crocs in Q1
Former Ulta exec Susan Healey has been appointed chief financial officer, replacing Anne Mehlman, now Crocs brand chief.
By Daphne Howland • May 7, 2024
