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Tag: wholesale

Phoebe Philo dives deeper into physical stores with select wholesale expansion

September 4, 2024 No Comments Business , , , , , , , ,

Phoebe Philo’s return to the fashion spotlight is continuing with the label in which LVMH has a minority stake moving further away from being a direct-to-consumer brand only as it adds to its wholesale accounts. Phoebe Philo Having launched originally online just last October — six years after Philo stepped down from the creative direction [...]read morePhoebe Philo dives deeper into physical stores with select wholesale expansion

​Paul Smith links with Centra for e-commerce and digital wholesale boost

August 12, 2024 No Comments Business , , , , , , ,

Paul Smith is ramping up its focus on its digital ops — from DTC e-commerce to digital wholesale — and allying it closely to its physical retail business as it aims to “create a seamless, global brand presence”. See catwalkPaul Smith – Spring-Summer2024 – Menswear – Paris – © ImaxTree It’s been working with specialist [...]read more​Paul Smith links with Centra for e-commerce and digital wholesale boost

Hugo Boss sells Russian business to wholesale partner Stockmann

August 5, 2024 No Comments Business , , , , , , ,

By Reuters Published Aug 5, 2024 Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said on 5 August, joining the ranks of Western brands to exit the Russian market over the war in Ukraine. Reuters The German fashion company suspended its retail business in [...]read moreHugo Boss sells Russian business to wholesale partner Stockmann

Steve Madden sales surge 17 percent on wholesale gains

August 1, 2024 No Comments Business , , , , , ,

Steve Madden announced on Wednesday a 17 percent uptick in revenues to $523.6 million for the second quarter, on the back of growth in its accessories and apparel categories, and gains in its international and DTC channels. Facebook Steve Madden The Long Island-based company said revenue for the wholesale business was $385.3 million, a 22.5% increase during the second [...]read moreSteve Madden sales surge 17 percent on wholesale gains

Adidas Shows Faster Wholesale Growth and Improvement in US

July 31, 2024 No Comments Business , , , , ,

By Bloomberg Published Jul 31, 2024 Adidas AG reported a rebound in wholesale revenue and a return to growth in North America, when Yeezy sneaker sales were excluded, as the brand looks to increase profits after years of crisis. The German sportswear company posted currency-neutral revenue growth of 17% in its wholesale business last quarter, [...]read moreAdidas Shows Faster Wholesale Growth and Improvement in US

Guess Q1 sales lift on strong US wholesale, overseas sales

May 31, 2024 No Comments Business , , , , ,

Guess Inc. said on Thursday revenue for the first quarter rose 4% to $591.9 million, on the back of surging wholesale revenues and growth in Asia, offsetting declines in the footwear firm’s Americas retail channel. Rafael Pavarotti The Los Angeles-based company said Americas retail revenues remained flat for the three months ending May 4, with retail [...]read moreGuess Q1 sales lift on strong US wholesale, overseas sales

US wholesale puts boot into Dr Martens results, will boost marketing drive

May 30, 2024 No Comments Business , , , , , , ,

Poor results had been expected from Dr Martens’ FY24 results announcement and poor results were what we got. But the brand remains one that can sell almost £900 million worth of product annually and there were pockets of strength in the report. DR CEO Kenny Wilson — who not so long ago was more used [...]read moreUS wholesale puts boot into Dr Martens results, will boost marketing drive

The Vampire’s Wife packs its bags as wholesale woes strike final blow

May 21, 2024 No Comments Business , , , , , , , ,

It looks like it’s all over for influential occasionwear label The Vampire’s Wife with the tough wholesale market apparently driving the final stake through the heart of the popular brand. The Vampire’s Wife x Globe-Trotter Founded a decade ago by ex-model Susie Cave, the business has now ceased trading with the firm saying in a [...]read moreThe Vampire’s Wife packs its bags as wholesale woes strike final blow

Shoemaker Geox cuts full-year sales outlook, wholesale weighs on Q1 figures

May 15, 2024 No Comments Business , , , , , , , ,

By Reuters API Published May 14, 2024 Italian shoemaker Geox cut its full-year sales growth outlook on Tuesday, citing inflationary pressures as it reported a double-digit yearly drop in first-quarter revenues due to weakness in its wholesale channel. Reuters The maker of breathable, waterproof footwear now expects 2024 revenue to drop by a mid-single-digit percentage [...]read moreShoemaker Geox cuts full-year sales outlook, wholesale weighs on Q1 figures

After exiting wholesale, Fairway hires origination teams across the nation

May 7, 2024 No Comments Real estate , , , , , , , , , ,

After exiting the wholesale channel in February, top U.S. mortgage lender Fairway Independent Mortgage Corp. has decided to grow its retail footprint organically by hiring origination teams from various competitors. The company announced last week that, in April, it welcomed production teams that collectively originated more than $500 million in mortgage volume in 2023. These groups are bringing a [...]read moreAfter exiting wholesale, Fairway hires origination teams across the nation