Unilever has sold subscription razor brand Dollar Shave Club to the U.S.-based private equity firm Nexus Capital Management for an undisclosed amount. Unilever will retain a 35% minority stake in the company after the sale closes later this year. The sale comes a little over seven years after Unilever bought the buzzy DTC brand for…
FreshDirect has selected six NYC-area brands for its initial Rising Industry Producers and Entrepreneurs (R.I.P.E.) initiative, a one-year pilot program for food, beverage and personal care brands with retail ambitions. The emerging and diverse-owned companies will receive expert advice and be able to leverage internal FreshDirect resources to grow their brands, including help adapting strategies…
There’s a chill in the air but resale remains hot, with major brands — including Crocs, Beyond Yoga, Tommy Hilfiger Men’s and Maje jumping into the circularity movement. The influx of new secondhand offerings arrives just in time for a holiday season when consumers are largely expected to be more price-conscious than ever as they…
As we navigate the complexities of global commerce, the need for efficient and transparent international transaction methods becomes increasingly apparent. One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). DCC is an optional service offered at the point of sale, allowing customers to view the cost…
The recently announced joint venture between Forever 21 and Shein is coming to life — in the form of a Forever 21-branded line of men’s and women’s apparel that will be designed, manufactured and sold on Shein. In August, Shein acquired an approximately one-third interest in SPARC Group, a joint venture that includes Authentic Brands…
Amazon’s Prime Video was one of the last streamers to announce the addition of advertising. Now that it has though, the company is clearly itching to get off the sidelines and into the game — and its 11-year exclusive with the NFL for Thursday Night Football is set to play a starring role. In…
Ashley is tapping an unlikely partner to inspire holiday cheer: three-time Grammy-award-winning a cappella group Pentatonix. The furniture and mattress retailer will host a holiday-themed pop-up experience at The Grove Storefront in LA Nov. 2-3. Designed as a series of listening rooms, the pop-up will give visitors the chance to listen to Pentatonix’s new holiday…
Retail stores face a challenge from within. Younger sales associates often team up on tasks that could be done individually. This teamwork has benefits, but it can distract from engaging customers. When staff focus too much on tasks, they might miss selling chances, hurting the store’s conversion rate.
Claire’s is adding to its growing retail presence through a new partnership with Kohl’s that will see an assortment of the brand’s jewelry, accessories and cosmetics featured in Kohl’s stores nationwide in time for the holiday season. Claire’s activation at Kohl’s began rolling out in early October and will be live at 700 Kohl’s across…
Global lifestyle brand True Religion has launched its first holiday campaign as part of its ongoing growth efforts in the U.S. Called “Style is a Gift,” the campaign features rapper and recording artist Quavo alongside influencer, TV personality and entrepreneur India Love. The goal is to position True Religion as the ultimate gifting destination for…
