DTC: Page 2
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DTC candle brand Otherland acquired by Curio
The luxury candle company joins Curio Brands' portfolio, which includes fragrance lines Capri Blue and Thymes.
By Dani James • June 9, 2023 -
Rent the Runway touts subscriber growth but faces challenges
Leaders pointed to 7.6% active subscriber growth in a Q1 earnings call, but cautioned a slowdown next quarter.
By Laurel Deppen • June 9, 2023 -
Trendline
How the purpose of stores is evolving
Stores have always evolved in order to compete as times, technology and tastes change. And, most of all, to please customers.
By Retail Dive staff -
Lululemon to expand digital workout offering
The company renewed its partnership with Xponential Fitness to release more on-demand and livestream fitness classes on the Lululemon Studio platform.
By Tatiana Walk-Morris • June 8, 2023 -
Vegamour founder steps down as CEO
Daniel Hodgdon will remain on the hair care brand’s board of directors as Robert Schaeffler takes over the chief executive role.
By Dani James • June 8, 2023 -
Wayfair’s chief commercial officer to exit
Steve Oblak, who is leaving the company after 14 years, will be succeeded by Jon Blotner, who oversees the company’s private labels and specialty retailers.
By Caroline Jansen • June 7, 2023 -
Lovesac C-suite shifts while Q1 net sales increase
The furniture brand’s CFO and chief strategy officers are retiring effective June 30 while the company looks to invest in tech for growth.
By Dani James • June 7, 2023 -
Tupperware, Vera Bradley expand partnership with new collection
The expanded collaboration follows warnings from the storage container brand that it may not be able to operate as a going concern.
By Howard Ruben • June 7, 2023 -
Great Jones sold to maker of KitchenAid, Farberware
Under Meyer, the DTC cookware brand’s co-founder and CEO, Sierra Tishgart, will continue to lead the brand.
By Caroline Jansen • June 6, 2023 -
CBD brand Lord Jones exits US business
Lord Jones — which is owned by cannabis company Cronos Group — will launch as an adult-use brand in Canada during the fourth quarter.
By Dani James • June 6, 2023 -
Authentic Brands Group acquires Hunter Boots intellectual property
The brand conglomerate said the deal was part of an effort to diversify its portfolio outside of the U.S.
By Laurel Deppen • June 5, 2023 -
Sorel brand president resigns to focus on health
Columbia Sportswear Company announced that Mark Nenow stepped down from the footwear brand after about eight years in the position.
By Dani James • June 5, 2023 -
Bark’s Q4 revenue takes a hit as order volume falls
By channel, the BarkBox and Super Chewer parent company saw DTC revenue fall 1.5% year over year, while wholesale revenue fell 9.3%.
By Howard Ruben • June 5, 2023 -
Brad Pitt’s Le Domaine signs first US retail deal with Bluemercury
The Macy’s-owned retailer will sell the products as part of “The Cache,” a curated collection of emerging brands.
By Howard Ruben • June 2, 2023 -
Lululemon rides 60% international growth to $2B quarter
Greater China in particular grew 79%, and the region will account for the majority of international store openings planned for the year.
By Cara Salpini • June 2, 2023 -
Dr. Martens reaches revenue milestone while sales in the Americas disappoint
The footwear company attributed its struggle in the region to a poor transition of distribution centers and its marketing campaigns.
By Dani James • June 2, 2023 -
Beautycounter CEO exits in leadership shuffle
Marc Rey was in the top spot for less than two years, and leaves as the beauty brand brings on a new chief financial officer and board chair.
By Dani James • June 1, 2023 -
Why is Adore Me selling in Walmart?
The DTC lingerie brand launched an exclusive line at the retail giant with the help of Gelmart. But how important is wholesale for the brand?
By Dani James • June 1, 2023 -
Converse names North America VP new CEO
Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.
By Nate Delesline III • May 31, 2023 -
VC funding for food and beverage plunging amid challenging environment, data shows
Over the last four quarters, the amount raised and the number of deals have fallen significantly compared to the prior year, according to PitchBook.
By Christopher Doering • May 31, 2023 -
DTC paint brand Clare to raise prices
The cost of a gallon of paint will increase by an average of 8% as the company faces “outsized inflation,” CEO Nicole Gibbons said in an email to customers.
By Dani James • May 31, 2023 -
McKinsey: Online beauty sales in the US to hit $45B by 2027
Global e-commerce sales now exceed those of specialty retail which, in 2022, was 20% of the overall industry.
By Howard Ruben • May 31, 2023 -
Aviator Nation opens first East Coast store
Located in the Hamptons, the store is the brand’s 17th nationwide and comes after a test New York City pop-up shop in December.
By Howard Ruben • May 30, 2023 -
Hoka to hit $2B in sales as DTC channel grows
The athletic footwear brand reported its fourth consecutive year of revenue growth above 50%, according to Deckers CEO Dave Powers.
By Dani James • May 30, 2023 -
Column
The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale
The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.
By Retail Dive Staff • May 26, 2023 -
Mielle signs LSU basketball star Angel Reese as ambassador
The NCAA athlete’s name, image and likeness deal with the brand will include marketing, social media, events and a limited-edition product bundle.
By Howard Ruben • May 26, 2023