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Nike CEO: Wholesale partners ‘feel we’ve turned our back on them’
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales fell 8% in Q2.
By Cara Salpini • Dec. 20, 2024 -
The Weekly Closeout: Walmart to invest $1.3B in Chile and what Nike’s stumble means for Foot Locker
The big-box retailer’s plans include 70 new stores across Chile, while the sportswear giant’s DTC about-face could be a boon to Foot Locker.
By Retail Dive Staff • Dec. 20, 2024 -
Trendline
What's shaping the e-commerce landscape?
From recent statistics on e-commerce growth to the Federal Trade Commission’s lawsuit against Amazon, here are some of the forces impacting online retail.
By Retail Dive staff -
Birkenstock closes out its fiscal year on a high note
The German footwear brand is carefully calibrating its wholesale and direct-to-consumer strategies, with plans to grow its store count by 50% next year.
By Daphne Howland • Dec. 19, 2024 -
Perfect Moment opens third seasonal store in the Austrian Alps
The location at the Kitzbühel ski resort will feature best-selling products, as well as host in-store events.
By Howard Ruben • Dec. 18, 2024 -
Bloomingdale’s adds fulfillment option for luxury DTC brands
Shoppers can check on the availability of products via a DTC company’s website and pick up their order at a nearby Bloomingdale’s store.
By Tatiana Walk-Morris • Dec. 18, 2024 -
True Classic launches at Target
The brand will be sold in 460 of the mass merchant’s stores after testing out a small selection of products on Target’s website in the fall.
By Howard Ruben • Dec. 16, 2024 -
Under Armour holds first investor day in 6 years
Capping off a difficult year, CEO Kevin Plank outlined the brand’s strategy to get back to growth through marketing reinvestment and product innovation.
By Cara Salpini • Dec. 13, 2024 -
Column
The Weekly Closeout: Adidas headquarters searched, Amazon starts selling cars
The activewear brand is under investigation for tax and customs compliance, while the e-commerce giant is offering Hyundai cars through Amazon Autos.
By Retail Dive Staff • Dec. 13, 2024 -
Indochino names vice president of marketing
Ryane Askew comes with digital marketing experience from Pier 1, Blue Nile, J.C. Penney, Amazon and Nordstrom.
By Howard Ruben • Dec. 13, 2024 -
Chewy returns to member growth with better site experiences
A more convenient in-app experience and positive responses to veterinary clinics helped drive customer growth at the pet goods retailer.
By Bryan Wassel • Dec. 12, 2024 -
Outfox Hospitality faces $3.8M in labor penalties
The Illinois Department of Labor seeks back wages from the bankrupt retailer for failing to give workers 60 days’ notice before they were laid off.
By Jessica Loder • Dec. 11, 2024 -
Tatcha to launch at Ulta Beauty
About 30 of the brand’s products will be available on the beauty retailer’s website, including its Water Cream and Dewy Skin Cream.
By Howard Ruben • Dec. 10, 2024 -
Peloton’s new app is focused on strength training
The connected fitness company wants to draw more customers, particularly millennial men, to its platform.
By Tatiana Walk-Morris • Dec. 9, 2024 -
Lululemon returns to stronger growth with 9% revenue jump
As the brand looks to drive growth in North America, revenue in that region increased 2%, but comps still declined.
By Cara Salpini • Dec. 6, 2024 -
Chewy raises full-year guidance as it beats Q3 expectations
The online pet retailer saw net sales increase nearly 5% driven by strength in its Autoship subscription service and nondescretionary categories.
By Caroline Jansen • Dec. 5, 2024 -
Lender group completes acquisition of Tupperware’s assets
Party Products LLC — made up of Stonehill Capital Management and Alden Global Capital — has acquired the company’s brand name and other assets.
By Howard Ruben • Dec. 4, 2024 -
Wolverine names Under Armour, Designer Brands vet as chief product officer
Mike Maloney will lead product development, merchandise strategy and market expansion for the company’s Work Group.
By Laurel Deppen • Dec. 3, 2024 -
Target adds Bogg to its assortment
The brand, known for its colorful tote bags, will land in the mass merchant early next month.
By Howard Ruben • Nov. 25, 2024 -
Vuori doesn’t need money. Investors keep knocking anyway.
A recent $825 million fundraise from General Atlantic and Stripes tipped the brand into the $5 billion valuation range. Investor Jon Kossow says the company still doesn’t need the cash to fund its own operations.
By Cara Salpini • Nov. 25, 2024 -
Olive & June to be acquired by Hydro Flask owner for $240M
Olive & June’s founder and CEO Sarah Gibson Tuttle will remain on the team as the nail care company joins Helen of Troy’s portfolio of brands.
By Caroline Jansen • Nov. 22, 2024 -
Sweaty Betty opens first US stores
Two brick-and-mortar locations in Chicago and Washington, D.C., will serve as the brand’s first stand-alone stores in the country.
By Howard Ruben • Nov. 22, 2024 -
Column
The Weekly Closeout: Stitch Fix adds stylist profiles, NRF and RILA respond to overtime rule block
The apparel box retailer is introducing customers to the brains behind its boxes while retail organizations express relief to a ruling on overtime pay.
By Retail Dive Staff • Nov. 22, 2024 -
Wolverine World Wide debuts global innovation hub in Boston
The company is building out its corporate workspaces as a way to attract talent and encourage creativity as it goes through a strategic transformation.
By Tatiana Walk-Morris • Nov. 19, 2024 -
Perigold plans more store openings in 2025
The retailer, which is part of Wayfair’s portfolio, will open a Houston location in the spring featuring furniture, decor, lighting, kitchen, bath and tile products.
By Howard Ruben • Nov. 18, 2024 -
Yeti, E.l.f. Beauty and others prep supply chains for Trump tariffs
Some businesses are planning more production outside of China or mulling price increases. Others are maintaining the status quo.
By Max Garland • Nov. 18, 2024