Tag Archives: Operations

Levi’s sees jump in supplier violations, points to wage payment challenges

Dive Temporary: Violations amongst Levi Strauss’ Tier 1 and Tier 2 suppliers jumped in 2021 throughout all classes, in response to the retailer’s annual sustainability report. The rise occurred partially as a result of attire and footwear suppliers struggled to make well timed wage funds because the COVID-19 pandemic dried up their money flows, Levi’s…

Vuori opens flagship store in NYC

Dive Temporary: Persevering with its bodily retailer opening plans, Vuori, a DTC activewear model, has opened its first flagship retailer in New York Metropolis’s SoHo neighborhood, based on a Thursday press launch. The 5,000-square foot retailer is the model’s first flagship location on the East Coast and can supply the manufacturers males’s and ladies’s attire….

The Weekly Closeout: Lacoste names deputy CEO and Mattress Firm is (still) mulling an IPO

It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about.  From Nike targeting resellers to Tractor Supply finally receiving FTC clearance for a 2021 deal, here’s our closeout for the week….

Is your OMS working for you?

An order administration system (OMS) helps all of the levels in an organization’s gross sales course of — from order creation to supply. It offers a single, centralized system for managing orders from a number of gross sales channels, together with brick-and-mortar areas, web sites, cellular orders (app), kiosks and extra. This additional simplifies the…

Is Kohl’s ready for a change?

Kohl’s has had an eventful year, yet not much has changed. The department store in 2022 has been preoccupied with financial maneuverings strongly suggested by activist investors. Just last week Macellum Advisors issued yet another open letter to Kohl’s shareholders calling for further shakeup of the board — the board that last month was forced to formally…

Bonobos appoints new CEO

Dive Brief: Bonobos has appointed John Hutchison as its new CEO, according to a Thursday press release emailed to Retail Dive. Before joining Bonobos, Hutchison held multiple executive roles at The North Face and leadership positions at Nike. Most recently he was the President of TRX, where he led a turnaround. Hutchison stepped into the…

After years of litigation, Toys R Us’ creditors reach resolution with former execs

Dive Transient: A years-long lawsuit towards former executives and administrators of Toys R Us reached a decision on Friday after a chapter decide accredited a settlement between the litigants. The lawsuit, filed by a belief representing former collectors to the retailer, a lot of them suppliers, grew out of the retailer’s Chapter 11 case that started…

Goat Group agrees to buy streetwear marketplace Grailed

Dive Temporary: Goat Group has agreed to accumulate streetwear resale market Grailed, the sneaker platform stated Monday. Phrases are undisclosed. The merged entity will boast greater than 50 million members in 170 international locations. The transaction is topic to regulatory approvals and customary closing situations, and is anticipated to shut in about 45 days. The…

Shein jumps into resale

Dive Transient: Noting that folks have been promoting their Shein objects in different market boards, fast-fashion website Shein on Monday stated that it has launched a resale choice of its personal, Shein Change. U.S. Shein clients should buy and promote beforehand owned objects through the prevailing Shein cellular app, in line with an organization press…

Conn’s CEO exits after just over a year

Dive Transient: A bit over a yr after becoming a member of Conn’s, Chandra Holt is stepping down as the house retailer’s CEO and president, efficient instantly. She has additionally resigned from the corporate’s board of administrators. Holt joined the retailer in August 2021 from Walmart the place she served because the mass service provider’s…