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DTC

--------------------------------------------------------------------------------

 * Cara Salpini/Retail Dive
   
   
   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
 * Courtesy of Amazon
   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
 * Explore the Trendline➔
   gradyreese via Getty Images
   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
 * Courtesy of Indochino
   
   
   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
 * Joe Raedle / Staff via Getty Images
   
   
   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
 * Access now➔
   
   Trendline
   
   
   INSIDE RETAIL’S 2024 HOLIDAY SEASON
   
   Retailers are navigating the effects of inflation as retail’s most important
   quarter looms.
   
   Access now➔
   
   Trendline
   
   
   INSIDE RETAIL’S 2024 HOLIDAY SEASON
   
   Retailers are navigating the effects of inflation as retail’s most important
   quarter looms.

 * Permission granted by Foxtrot
   
   
   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
 * Kaarin Vembar/Retail Dive
   
   
   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
 * Courtesy of Peloton
   
   
   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
 * Daphne Howland/Retail Dive
   
   
   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
 * Access now➔
   
   Trendline
   
   
   INSIDE RETAIL’S 2024 HOLIDAY SEASON
   
   Retailers are navigating the effects of inflation as retail’s most important
   quarter looms.
   
   Access now➔
   
   Trendline
   
   
   INSIDE RETAIL’S 2024 HOLIDAY SEASON
   
   Retailers are navigating the effects of inflation as retail’s most important
   quarter looms.

 * Permission granted by Chewy
   
   
   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
 * Kaarin Moore/Retail Dive
   
   
   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
 * Courtesy of Wolverine World Wide
   
   
   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
 * Courtesy of Bogg
   
   
   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
 * 
 * Daphne Howland/Retail Dive
   
   
   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
 * Courtesy of Olive & June
   
   
   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
 * Courtesy of Sweaty Betty
   
   
   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
 * Courtesy of Stitch Fix
   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
 * Courtesy of Wolverine Worldwide
   
   
   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
 * Courtesy of Perigold
   
   
   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
 * Courtesy of Yeti Holdings, Inc.
   
   
   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
 * Daphne Howland/Retail Dive
   Column
   
   
   THE WEEKLY CLOSEOUT: TARGET EXTENDS STORE HOURS FOR THE HOLIDAYS, NUULY
   LAUNCHES ‘THE THRIFT SHOP’
   
   The mass merchant will be open from 7 a.m. to midnight from Nov. 30 to Dec.
   23, while the subscription company debuted a perk for discounted styles.
   
   By Retail Dive Staff • Nov. 15, 2024
 * Courtesy of Brilliant Earth
   
   
   BRILLIANT EARTH OPENS FIRST STREET-LEVEL STORE IN NEW YORK CITY
   
   Located in the Nolita neighborhood, the showroom features a try-on bar and a
   dedicated space for bridal and fine jewelry appointments.
   
   By Howard Ruben • Nov. 15, 2024
 * Courtesy of Grove Collaborative
   
   
   GROVE DOUBLES DOWN ON DTC, WILL DITCH BRICK-AND-MORTAR PARTNERSHIPS
   
   The sustainability-focused consumer products brand said that selling through
   retail stores generated few sales and has been “consistently unprofitable.”
   
   By Daphne Howland • Nov. 13, 2024
 * Courtesy of On
   
   
   ON PULLS BACK ON WHOLESALE AS Q3 SALES SURGE MORE THAN 32%
   
   The Swiss footwear brand said that opening flagship stores in China will help
   take advantage of its momentum in Asia.
   
   By Daphne Howland • Nov. 12, 2024
 * Courtesy of Vuori
   
   
   WITH LATEST INVESTMENT, VUORI’S VALUATION HITS $5.5B
   
   An $825 million infusion led by General Atlantic and Stripes will fortify the
   athleisure brand’s already formidable challenge to market leader Lululemon.
   
   By Daphne Howland • Nov. 11, 2024
 * (Drew Angerer/Staff) via Getty Images
   
   
   BEYOND MEAT POSTS POSITIVE GROWTH FOR FIRST TIME IN ALMOST 3 YEARS
   
   Despite quarterly sales volumes taking a hit, CEO Ethan Brown told analysts
   that the company’s price hikes are helping on its path to profitability.
   
   By Elizabeth Flood • Nov. 11, 2024

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MOST POPULAR

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 2. Macy’s speeds up store closures to amp up turnaround
 3. Lowe’s debuts marketplace, plans store fleet growth
 4. L.L. Bean confirms layoffs of up to 3% of Maine HQ workforce


LIBRARY RESOURCES

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COMPANY ANNOUNCEMENTS

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   From Tulip
 * FORM Announces GoSpotCheck by FORM on Salesforce AppExchange From Feed Media
 * Bergmeyer Becomes a Certified B Corporation From Bergmeyer
 * Neora Launches Spectacular Holiday Savings with Deals Up to $296 in Value
   From Neora

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WHAT WE’RE READING

 * Bloomberg Law Container Store Prepares to File for Bankruptcy in Coming Weeks
 * CBS News Store closures have surged 69% in 2024. Here are the retailers
   shuttering thousands of stores.
 * Chain Store Age Primark opens its first Texas store, with more to come —
   here’s where

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