VF Corporation, parent company of brands including The North Face, Vans and Timberland, has named Bracken Darrell as President and CEO, effective July 17. Interim President and CEO Benno Dorer, who has served in this role since December 2022, will remain a VF Board member. Darrell joins from Logitech International S.A., where he served as…
Daniel Zhang, currently Chairman and CEO of the entire Alibaba Group, will narrow his focus to the Alibaba Cloud Intelligence Group, which the company plans to spin off as its own independently listed company. Current Executive Vice Chairman Joseph Tsai will succeed Zhang as Chairman, and Eddie Yongming Wu, Chairman of Taobao and Tmall Group,…
REI Co-op will open a Re/Supply store dedicated to resale gear and apparel in Clackamas, Ore. in late August 2023. The 16,113-square-foot store will open a few doors down from REI’s existing store in the Clackamas Town Center. The new location will join the co-op’s Re/Supply store in Manhattan Beach, Calif., which opened in 2020….
While venture capital (VC) funding is not for every company in the retail industry, it is a vital lifeline for startups — one that can make the difference between success and failure, particularly for highly tech-dependent businesses. At the Retail Innovation Conference & Expo last week in Chicago, during the “Candid Conversations on What’s Next…
In the world of wholesale e-commerce, efficiency and organization play vital roles in enhancing customer experience. And what’s an order form feature that can prove beneficial to both shoppers and store owners alike? Wholesale Order Form’s Product Category table element. If you’ve been using Wholesale Order Form for a while, then you already know that…
Our recent study conducted with IHL, How Retailers Win Loyalty in an Omnichannel World, looks into the need for all retailers to take a firm hand in optimizing their inventory. But it’s physical retailers that have the most to lose by not doing so. The backdrop to this, as we’ve witnessed, is that there’s an…
In Shein’s ongoing efforts to stave off the threat of rival discount shopping app Temu (which overtook Shein as the No. 1 shopping app in America in April 2023), the company is expanding its product assortment beyond fashion and has signed agreements to sell products from brands including Skechers and Lansinoh. The product expansions will be enabled by…
Andy Dunn, founder of Bonobos, will join WHP Global in an advisory role to help the company manage the recently acquired Bonobos brand. He will partner with Express CEO Tim Baxter and Bonobos President John Hutchinson to help drive the future of the brand. Dunn originally departed from Walmart and Bonobos in 2020 but did…
Long a go-to for fitness and nutrition nuts, GNC is going after a new segment of consumers — gamers — as part of its ongoing mission to help “every competitor fuel their skills and achieve their goals.” GNC will now carry CTRL’s line of food supplement products aimed at helping gamers — not typically known to…
Netflix has always been data-obsessed, long before that was seen as a must-have for any organization. And that focus on having a granular understanding of its customers and their behaviors has helped Netflix reshape an entire industry. According to Nikkia Reveillac, Netflix’s Director of Consumer Insights, it’s something that any company can do with the…
