Digital Brands Group reported a 48% year-over-year increase in net revenue to approximately $5.1 million in the first quarter, largely driven by the full results from the acquisition of Sundry.
Purple, the DTC mattress brand, has unveiled its Premium and Luxe Collections, signalling a shift towards focusing on premium products.
According to Daniel Heaf, Vice President of Nike Direct, omnichannel shoppers are “at least twice” as valuable as online-only shoppers for Nike.
Crocs, the footwear retailer known for its clog shoes, reported revenue of $884.2 million for Q1 2023, a YoY rise of almost 34%, driven by strong brand strength and new product introductions.
Resale is a niche market that is difficult to make profitable in the e-commerce space, according to experts.
Blueland’s products are designed to reduce environmental impact by supplying refills for toilet bowl cleaners, mirror sprays, and body wash.
On, a DTC brand, announced fourth-quarter net sales climbed 91.9% year on year to 366.8 million Swiss francs (about $397 million).
Allbirds has invented the first zero-carbon footwear, called the “M0.0NSHOT.”
Sephora and TikTok have established a new relationship to support the growth of new companies on the social media platform.
In Hollywood, California, Mars, Inc. is testing a “store-hailing” project that includes on-demand mobile ice cream shops.
Because of the high marketing costs associated with internet sales, DTC firms are increasingly finding value in selling items offline.
In the first few weeks of 2023, direct-to-consumer brands faced a variety of obstacles, including the effects of inflation and rising business costs.
Under Armour’s revenue increased by 3% in the third quarter, with wholesale revenue increasing by 7% and direct-to-consumer sales decreasing by 1%.
Direct-to-consumer (DTC) business models have been popular among emerging CPG brands, with companies like Warby Parker and Bonobos receiving millions of dollars in funding.
PIM Brands and Flowcode have partnered to launch a new omnichannel media campaign for Welch’s Fruit Snacks just in time for the Big Game.
The Simple Root is a global plant-based food brand backed by Pilot Lite and McCain Foods.
Retalon has established a worldwide strategic alliance with Tech Mahindra, a major supplier of digital transformation, consulting, and business reengineering services and solutions.
Companies have taken to the skies to escape traffic, speed up deliveries, and, of course, save money, and as a result, drone delivery services are growing.
Dollar Shave Club, a DTC brand, is transitioning its subscription system from an in-house-created solution to a third-party source.
Matt Close, Unilever’s newly hired president of ice cream, indicated that he expects the CPG giant’s DTC business to generate slightly more than $500 million in revenue by 2025.
Consumers are increasingly eager to get as many of their requirements addressed online as possible, and firms that do not adapt risk falling behind.
Whoop, a DTC business best known for its wearable fitness tracker, is venturing into retail brick-and-mortar wholesale for the first time.
Sephora has chosen DoorDash to handle on-demand deliveries in over 500 shops across North America.
CRUMBS, the brand that launched the gourmet cupcake craze in the early 2000s, has relaunched through DTC and CPG channels.
At the grocery store, digital wallet acceptance is increasing, and retailers that do not yet accept mobile payments may need to move up if they want to stay competitive.
According to Semafor, TikTok has a strategy named “Project Aquaman” to begin live shopping in the United States.
In light of the sophistication of e-commerce, L’Oréal is confronting an increase in content demands. Brands are attempting to decipher all of this in real time in order to match customer requests.
To further leverage the delivery service’s local commerce network, DoorDash is extending its self-serve advertising services for CPG businesses.
Hollister Co., an Abercrombie & Fitch Co. retailer, is introducing a new system that allows customers to hand their shopping carts to someone else for payment.
According to The Financial Times, TikTok intends to introduce its live retail “TikTok Shop” function to North America using outsourced technology.
Digital Brands Group reported a 48% year-over-year increase in net revenue to approximately $5.1 million in the first quarter, largely driven by the full results from the acquisition of Sundry.
Purple, the DTC mattress brand, has unveiled its Premium and Luxe Collections, signalling a shift towards focusing on premium products.
According to Daniel Heaf, Vice President of Nike Direct, omnichannel shoppers are “at least twice” as valuable as online-only shoppers for Nike.
Crocs, the footwear retailer known for its clog shoes, reported revenue of $884.2 million for Q1 2023, a YoY rise of almost 34%, driven by strong brand strength and new product introductions.
Resale is a niche market that is difficult to make profitable in the e-commerce space, according to experts.
Blueland’s products are designed to reduce environmental impact by supplying refills for toilet bowl cleaners, mirror sprays, and body wash.
On, a DTC brand, announced fourth-quarter net sales climbed 91.9% year on year to 366.8 million Swiss francs (about $397 million).
Allbirds has invented the first zero-carbon footwear, called the “M0.0NSHOT.”
Sephora and TikTok have established a new relationship to support the growth of new companies on the social media platform.
In Hollywood, California, Mars, Inc. is testing a “store-hailing” project that includes on-demand mobile ice cream shops.
Because of the high marketing costs associated with internet sales, DTC firms are increasingly finding value in selling items offline.
In the first few weeks of 2023, direct-to-consumer brands faced a variety of obstacles, including the effects of inflation and rising business costs.
Under Armour’s revenue increased by 3% in the third quarter, with wholesale revenue increasing by 7% and direct-to-consumer sales decreasing by 1%.
Direct-to-consumer (DTC) business models have been popular among emerging CPG brands, with companies like Warby Parker and Bonobos receiving millions of dollars in funding.
PIM Brands and Flowcode have partnered to launch a new omnichannel media campaign for Welch’s Fruit Snacks just in time for the Big Game.
The Simple Root is a global plant-based food brand backed by Pilot Lite and McCain Foods.
Retalon has established a worldwide strategic alliance with Tech Mahindra, a major supplier of digital transformation, consulting, and business reengineering services and solutions.
Companies have taken to the skies to escape traffic, speed up deliveries, and, of course, save money, and as a result, drone delivery services are growing.
Dollar Shave Club, a DTC brand, is transitioning its subscription system from an in-house-created solution to a third-party source.
Matt Close, Unilever’s newly hired president of ice cream, indicated that he expects the CPG giant’s DTC business to generate slightly more than $500 million in revenue by 2025.
Consumers are increasingly eager to get as many of their requirements addressed online as possible, and firms that do not adapt risk falling behind.
Whoop, a DTC business best known for its wearable fitness tracker, is venturing into retail brick-and-mortar wholesale for the first time.
Sephora has chosen DoorDash to handle on-demand deliveries in over 500 shops across North America.
CRUMBS, the brand that launched the gourmet cupcake craze in the early 2000s, has relaunched through DTC and CPG channels.
At the grocery store, digital wallet acceptance is increasing, and retailers that do not yet accept mobile payments may need to move up if they want to stay competitive.
According to Semafor, TikTok has a strategy named “Project Aquaman” to begin live shopping in the United States.
In light of the sophistication of e-commerce, L’Oréal is confronting an increase in content demands. Brands are attempting to decipher all of this in real time in order to match customer requests.
To further leverage the delivery service’s local commerce network, DoorDash is extending its self-serve advertising services for CPG businesses.
Hollister Co., an Abercrombie & Fitch Co. retailer, is introducing a new system that allows customers to hand their shopping carts to someone else for payment.
According to The Financial Times, TikTok intends to introduce its live retail “TikTok Shop” function to North America using outsourced technology.
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