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Direct To Consumer (DTC)

  • Kellwood Company appoints new CEO

    Kellwood Company, a leading apparel manufacturer and marketer owned by affiliates of Sun Capital Partners, has elevated Lynn Shanahan to the position of CEO of Kellwood Company, following the initial public offering of Vince, completed Nov. 27.

  • Neiman Marcus exec headed to online luxury consignment site

    San Francisco -- The RealReal, a leader in online luxury consignment, announced the appointment of Ann Paolini to its leadership team as executive VP of sales. She is joining The RealReal after spending 25 years at Neiman Marcus as a senior executive, and will be responsible for the RealReal's sales team and consignor relations.

  • Jos. A. Bank boosts sales in Q3

    Jos. A. Bank slightly increased its net income to $13.6 million in the third quarter of fiscal 2013 from $13.3 million in the same period a year earlier. The retailer also saw its net sales grow about 6% to $247.5 million, from $232.8 million.

    Same-store sales declined 0.1%, although direct marketing sales increased 23.5% and combined same-store and online sales increased 2.4%. Jos. A. Bank incurred $1.2 million of legal and professional expenses in connection with the company's bid to acquire The Men's Wearhouse.

  • Conn’s doubles net income in third quarter

    Conn’s more than doubled its consolidated net income in the third quarter of fiscal 2014 compared to the same period in the prior year, growing to about $24.4 million from $11.8 million. Total net sales increased a healthy 51%, to $310.9 million from $206.4 million.

  • Coffee Bean & Tea Leaf names Dunkin’ exec as new chief

    Los Angeles -- John Dawson has been named president and CEO of coffee and tea retailer Coffee Bean & Tea Leaf, charged with accelerating the chain’s plans for global growth.

  • Gearing up for growth, Uniqlo names CEO

    Fast Retailing’s Uniqlo USA division named a new CEO with a familiar name to lead what is expected to be an accelerated growth plan.

    Uniqlo elevated existing COO Lawrence Meyer to the role of CEO to lead is 17 unit U.S. operation roughly one year after he joined the company. In his new role, Meyer will oversee the day-to-day operations of the Uniqlo brand and be responsible for the ongoing development of the company retail footprint in the U.S.

  • European Wax Center inks two Manhattan leases

    New York -- European Wax Center has signed leases for two new Manhattan locations, according to Winick Realty Group, the broker that represented the retailer in the transaction.

    The new locations at 95 Chambers Street and 295 Park Avenue South will bring the Wax Center’s total Manhattan store count to four. Both new locations are expected to open in the spring of 2014.

  • HSN’s Retail Evolution

    To describe the HSN of today as a TV shopping channel is both woefully dated and reductive. The company, a division of HSNi, has evolved into a multichannel leader, where digital commerce accounts for a whopping 50% of its $2.2 billion in annual sales.

    HSN’s 24/7 shopping format, which bowed in 1981, now seems positively prescient amid the rise of e-commerce.

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