On and Under Armour are on opposite sides of the athletic apparel spectrum, both in their growth plans and their quarterly earnings results. Under Armour’s revenue for the quarter that ended March 31 was down 5% to $1.3 billion. During the same period, On Holding’s net sales rose by 20.9% to 508.2 million Swiss francs (over $561 million). Under Armour plans to cut down its inventory levels as part of its restructuring plans, while On plans to roll out new products in the coming months.
Modern Retail
Book and Periodical Publishing
New York, NY 10,585 followers
Authority and honesty on the reinvention of retail, by Digiday Media
About us
The threat of e-commerce has transformed the retail experience. But the act of shopping is a tangible one. Retailers of all shapes are trying to grapple with a new consumer and new competition.
- Website
-
http://modernretail.co
External link for Modern Retail
- Industry
- Book and Periodical Publishing
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
Locations
-
Primary
1 Liberty St
New York, NY 10006, US
Employees at Modern Retail
Updates
-
In this edition of the weekly Research Briefing, we look at how Amazon stacks up against top competitors in areas like e-commerce experiences, ease of fulfillment and more ahead of Prime Day.
Ahead of Prime Day, Amazon remains resilient against competitors
https://www.modernretail.co
-
Starting on July 9, TikTok Shop is hosting its first-ever sale to compete with Prime Day. For brands, TikTok’s July sales event is an opportunity to seize on the platform’s virality to get more products in the hands of deal-hungry shoppers.
How brands are preparing for TikTok Shop's Prime Day-like sales event
https://www.modernretail.co
-
These days, CPG startups are more focused on value and familiarity rather than trying to jump on the hottest new ingredient. Before the pandemic, and even when shoppers’ wallets were stuffed with stimulus money, CPG startups were much more focused on newness and innovation. Brands catered to adventurous shoppers who wanted to try ashwagandha gummies, mushroom coffee or lab-grown meat.
Amid inflation, CPG startups go back to basics
https://www.modernretail.co
-
The top retail stories you may have missed 👀 Amazon's reported Temu-like discount store likened to 'slap in the face' by sellers: https://buff.ly/3VU1uhc More celebrity-founded brands are rebranding: https://buff.ly/3VTtZf6 Ocean freight rates are spiking once again: https://buff.ly/4bqyR13 Lowe's new CMO Jennifer Wilson spoke with Modern Retail about how the home improvement retailer's marketing strategy has evolved over the years: https://buff.ly/4bqyVhj Fashionphile is turning two of its pop-ups into permanent stores: https://buff.ly/468qiad
-
A fourth Bloomie’s location is set to open in New Jersey this fall, part of the parent company Macy’s Inc.’s ongoing strategy to tap into more luxury sales with a new small format strategy. As lifestyle centers and outdoor shopping plazas take the place of old-school shopping malls anchored by department stores, Bloomie’s is an attempt to bring the brand ethos of the legacy department store to new locations and augment existing markets with a scaled-down experience. The new store is set to open in November at an outdoor shopping plaza called The Grove in Shrewsbury, New Jersey.
Macy's Inc. to open its fourth Bloomie's location in New Jersey this fall
https://www.modernretail.co
-
Jennifer Wilson, who was named Lowe's Companies, Inc. CMO in June, will be tasked with building out a customer experience integration organization, among other responsibilities. In an interview with Modern Retail, Wilson shared why customer experience is so important to marketing. Story by Melissa Daniels
Lowe's new CMO is focused on improving the "big experiences that matter to our biggest customer segments"
https://www.modernretail.co
-
Direct-to-consumer has been a scapegoat of sorts for recent poor performance from Nike. But, #Nike's recent issues can't be entirely blamed on #DTC. In this piece by Anna Hensel, we speak to Sam Poser of Williams Trading LLC, and Neil Saunders of GlobalData Retail.
Nike's recent challenges can't be entirely blamed on DTC
https://www.modernretail.co
-
How FASHIONPHILE is using data to scale its resale shops. Fashionphile is turning two of its mall pop-ups – one in the Carlsbad Premium Outlets and one in the Irvine Spectrum Center – into permanent stores. In this piece by Julia Waldow, we speak to Sarah Davis, and Sky Canaves of EMARKETER.
How Fashionphile is using data to scale its resale shops
https://www.modernretail.co
-
Are you a brand or retail marketing leader looking for industry insights and an opportunity to connect with other industry leaders? Apply for a complimentary VIP pass to the Modern Retail Marketing Summit, taking place August 19-21 in Santa Barbara. https://buff.ly/3L6FHxI