Retail Dive
QVC Group exits Chapter 11, CEO steps down
Mike George, who once led the company when it was Qurate Retail Group, has been named interim chief executive officer.
Retail Dive
Spirit Halloween parent company to acquire Hot Topic
Hot Topic and its subsidiaries will continue to operate independently and will maintain their headquarters in California.
Retail Dive
Etsy slashes workforce by 12%, laying off 220
CEO Kruti Patel Goyal said neither cost cuts nor artificial intelligence drove the downsizing, but also said that “AI is changing how all of us work.”
Retail Dive
Digital Brands Group weighs shareholder cash deal
After announcing a strategic review earlier this week, the company received a proposal to acquire all outstanding shares of its common stock.
Retail Dive
Home Depot reshuffles leadership to accelerate tech innovation
The company is consolidating tech teams under the leadership of its new executive vice president and CTO as part of this effort.
Retail Dive
Claire’s revamps iconic piercing experience
The retailer is rolling out updated training, store displays, earrings and more as part of broader upgrades to its store service.
Retail Dive
Bed Bath & Beyond Inc. changes corporate name again, relocates headquarters
The rebrand to Neighborhood Intelligence underscores the company’s ambitions to move beyond retail and into home services.
Retail Dive
Under Armour hits play on K-pop partnership
The company named BoyNextDoor as global brand ambassadors as it works on an Asia-Pacific rollout of its Bouncy Tee line.
Topics: CPG
Entities: CPG
Retail Dive
Michael Kors a drag in Q1 as Jimmy Choo kicks revenue up 10%
Owner Capri Holdings suffered from woes at its larger label, as total revenue fell more than 3% compared to last year, though margins and profits expanded.
Retail Dive
Barbie is ready to be a ‘fashion icon’
While Mattel is entering a new chapter with the doll, it swung to a net loss in Q2.
Retail Dive
Best Buy picks Nordstrom alum for CFO
Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years.
Retail Dive
High-income shoppers drive revenue gains at Wayfair
Despite continued housing market uncertainty, the company’s upscale Perigold banner experienced growth, increasing by over 35% in Q2.