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The first half of the year has passed and many companies have reported their second-quarter results. A roundup of direct-to-consumer’s biggest brands presents a mixed bag of earnings, with some doing better than ever while others attempt to enact transformation plans.

Brands such as On and Canada Goose – which reported revenue jumped year over year by double digits – have been focused on growing DTC channels. Meanwhile, Olaplex saw DTC sales drop and Grove Collaborative named a new CEO amid declining sales. 

Regardless of how well certain companies did during the latest quarter, the stage is now set for the back half of the year with the ever-important holidays approaching. The team talks about themes from DTC earnings in Q2, how they compare to mass retail and what’s to be expected as the year progresses.

For more insight into retail’s most important period, register for the Insights into the Holiday 2023 season virtual event on September 21. Retail Dive Senior Reporter Daphne Howland will be joined by colleagues at Marketing Dive and Supply Chain Dive to preview the season.

Resource links:

• DTC’s Q2 was a mixed bag as holidays approach
• ‘Haves and have-nots’: How the funding market is panning out in 2023
• Macy’s swings to a loss in Q2 as consumer situation deteriorates