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Direct To Consumer (DTC)

  • Signet Jewlers closes $400 million senior notes offering

    Hamilton, Bermuda - Signet Jewelers Ltd. has closed the offering of $400 million senior unsecured notes due 2024 by Signet U.K. Finance PLC (a wholly owned indirect subsidiary of Signet). The notes will bear interest at a rate of 4.7% per year and mature on June 15, 2024.

  • Blyth taps new financial chief

    Blyth — a direct-to-consumer company and leading designer and marketer of candles and accessories for the home, as well as health, wellness and beauty products sold through the direct selling and direct marketing channels — has promoted Jane Casey to the role of CFO.

    The company this week announced that VP, CFO Robert H. Barghaus plans to retire later this year after 13 years. Barghaus will remain active as the company's CFO until Casey, an 18-year veteran with the company, assumes the role.

  • Retail Coming Attractions

    New York -- From indie favorites to mass-market British brands, here are seven retailers getting ready to make their U.S. brick-and-mortar debut:

    1. Nasty Gal

  • Zales urges support for deal with Signet Jewelers

    Dallas -- Zale Corp. on Thursday restated its support for Signet Jewelers Ltd.'s $1 billion acquisition offer, urging shareholders to support the deal despite opposition from a large investor. The deal, under which Zale stockholders would receive $21.00 per share in cash, has been unanimously approved by the Zale board of directors.

    Zale’s investor TIG Advisors LLC has called the deal "grossly unfair," saying the jewelry retailers should be able to get $28.60 a share in cash and stock.  

  • Starbucks expanding in Latin America

    Seattle -- Starbucks Coffee Company is expanding its presence in Latin America, with plans to open locations in Colombia, Bolivia and Panama.

    Starbucks said it is on track to open its first store in Colombia, in the city of Bogota, in mid-summer 2014 through a joint venture between two of its longest-term business partners in the Latin America region – Alsea and Grupo Nutresa. During the next five years, the joint venture plans to expand aggressively in Bogota and to other major cities in Colombia.

  • Chico's FAS to enter Canada

    Chico's FAS is looking to establish a Canadian footprint, and plans in late August to open three boutiques in Ontario at Square One Shopping Centre in Mississauga, Upper Canada Mall in Newmarket and Mapleview Shopping Centre in Burlington.

    The Chico's brand was founded in 1983 as a boutique selling Mexican folk art and cotton sweaters from a store on Florida's Sanibel Island. Today, Chico's sells exclusively designed, private branded clothing for women.

  • Vera Bradley bolsters e-commerce business

    Vera Bradley has named former OfficeMax executive Thomas R. Giacalone as VP, e-commerce.

    "Growing our e-commerce business is a critical piece of our five-year strategic plan, and we are very fortunate to have someone of Tom Giacalone's background and caliber join Vera Bradley to lead this important function," said CEO Robert Wallstrom.

  • Pinterest testing Promoted Pins with retail brands, including Gap and Target

    New York -- Internet scrapbooking cite Pinterest Inc. is expanding its efforts to allow advertisers pay to more prominently display their pins, the San Francisco-based company announced in a blog past on Monday.

    The company said it is working with a small group of brands to roll out a paid test in its search and category feeds. The group includes Target, Gap, Old Navy, Banana Republic, and Lululemon Athletica.
     

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