Tag Archive

More consumers than ever want retailers to personalize service

Published on October 9, 2018 By kelly simmons

Dive Brief: As shopping becomes more ubiquitous through online, mobile and brick-and-mortar channels, retailers need to become more trusted advisors to their customers and more capable of providing them with personalized, immersive shopping experiences, according to new research from Accenture and the Retail Industry Leaders Association (RILA). The research found that 63% of consumers surveyed are interested […]

J. Crew launches third-party marketplace

Published on September 19, 2018 By kelly simmons

Dive Brief: J. Crew is selling some accessories, footwear and lingerie using a marketplace approach — having the brands drop-ship the items directly to customers. The debut of J. Crew Marketplace was first noted by Business Insider, which confirmed the company soft launched the platform this spring. The retailer takes the orders and payment and provides […]

The Path to $5 Billion: Vans Unveils Roadmap For Lofty Goal

Published on September 18, 2018 By kelly simmons

The numbers that the Vans leadership presented at Wednesday morning’s investor meeting in Costa Mesa, CA, were staggering relative to the company’s current financial snapshot of $3 billion in annual revenue for fiscal 2018. The footwear and apparel brand expects to generate compounded annual growth rate (CAGR) of 10 percent to 12 percent each year […]

Canada Goose Posts Loss As Expansion Into China Progresses

Published on September 1, 2018 By kelly simmons

Canada Goose Inc.’s smallest quarter might have yielded a loss for the apparel maker, but revenue soared 58.5 percent in Q1, providing tailwinds ahead of one of the company’s most ambitious 2018 initiatives—expansion into China. “On the hiring front we have made great progress, and we’re building a world-class local team [in China],” Canada Goose President […]

Foot Locker’s Dick Johnson Stands Up For Brick & Mortar

Published on May 15, 2018 By kelly simmons

While underscoring the importance of being digitally-led, Dick Johnson, chairman, president and CEO of Foot Locker Inc., believes the retailer’s more than 3,000 stores remain essential to delivering the omnichannel experience demanded by consumers. “We’re a legacy retailer and that comes with some baggage,” stated Johnson at last week’s FDRA 2018 Executive Summit held in […]