True Classic Expands into Target Stores and Plans More Physical Locations
In 2019, True Classic was founded by Ryan Bartlett, Nick Ventura, and Matthew Winnick with an initial $3,000 investment....
wholesale
Stalking Allegations at Boohoo, Frasers Group’s Profit Forecast Reduction, and Retail Innovation
In a shocking turn of events, Boohoo executives, including CEO Dan Finley and co-founder Mahmud Kamani, are being investigated...
The Evolution of DTC: From Dominance to Hybrid Strategies
In a dramatic shift, the once-celebrated direct-to-consumer (DTC) model faces significant challenges as brands like Casper, Allbirds, and Peloton...
Naadam’s Cashmere Brand Joins Kohl’s Amid Mass Channel Expansion Trend
Naadam, a digitally native brand, is expanding into mass channels like Kohl's as part of a growing trend among...
Salt Life Bankruptcy: Retail Stores to Close, Shift to E-commerce and Wholesale
In 2003, two surfers in Florida created the Salt Life brand, which expanded into various products and restaurants. However,...
Viral Makeup Brand Morphe Closes All UK Stores, Shifts Focus to Wholesale and Online Sales
Morphe has closed all its standalone stores in the UK, affecting 73 employees who were made redundant immediately. The...
Crew Clothing Sees Profit Boost and Growth Across Channels
In a recent announcement, Crew Clothing revealed impressive full-year results with profits soaring 26% to £17.1m and sales increasing...
Nike Faces Revenue Declines and Struggles with DTC Strategy
In a survey report for TrueCommerce, 150 business leaders discuss supply chain and business challenges faced by Nike. The...
DTC Growth Not Boosting Profitability for Most Brands, Report Finds
In a new report, BMO challenges the belief that shifting to direct-to-consumer (DTC) sales boosts profitability. Contrary to expectations,...
Hilma Expands Wholesale Partnerships with Walmart, Target, and Walgreens
Natural remedies brand Hilma has partnered with Walmart, making its products available in about 2,000 stores and on the...