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Direct To Consumer (DTC)

  • Finish Line’s Running Specialty Group taps VP of store ops

    The Running Specialty Group, an operating segment of the Finish Line, has appointed Scott Goodmon as VP, store operations. Goodmon will lead the group’s nearly 800 employees serving the running community nationwide. He will report directly to Running Specialty Group president Bill Kirkendall.

  • Nine retailers in search of a CEO

    New York -- The heat is on — in more ways than one. While Target’s search for a new chief executive has been much in the news, the discounter is not the only big retailer on the hunt for a chief executive. Here’s a brief review (all dates are 2014 except where noted):

  • Report: Lululemon considers going private

    Vancouver – Lululemon Athletica Inc. is reportedly considering going private. According to the Wall Street Journal, advisors to Chip Wilson, founder, director and former CEO and chairman of Lululemon, have been speaking with private equity firms including Leonard Green & Partners about possibly taking the retail chain private, although no specific deal is imminent.
       

  • Online retailer Bonobos raises $55 million in funding to open more stores

    New York -- Online menswear brand Bonobos has raised a total of $55 million in venture capital funding, bringing the brand's total funding to $128 million. The company plans to use a large part of the latest investment to quadruple its physical store count, growing from 10 locations to 40 nationwide by 2016, The New York Times reported.

  • U.K.’s Mothercare rejects Destination Maternity merger offers

    Philadelphia – U.K. specialty maternity retailer Mothercare Plc has rejected two non-binding written merger proposals from Destination Maternity Corp. In a press release, Destination Maternity said its second proposal, delivered June 1 2014, would combine the two companies under a new U.K. holding company which would be listed in the U.S., for a total payment of $453 million to Mothercare shareholders.

  • Delivery outsourcer Deliv hires Amazon exec

    Palo Alto, Caif. - Same-day delivery start-up Deliv has appointed Jeff Helms as head of delivery operations. The former senior Amazon leader joins the crowdsourced, same-day delivery provider as it plans for rapid expansion across the country.

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