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Authentic Brands Group buys Rockport out of bankruptcy

Inside Retail

Global brand development company Authentic Brands Group has bought footwear label Rockport from bankruptcy. Last month, Rockport filed for bankruptcy under Chapter 11 in the District of Delaware , for the second time in five years. The post Authentic Brands Group buys Rockport out of bankruptcy appeared first on Inside Retail.

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Brooks Brothers to relaunch in Australia 

Inside Retail

Brooks Brothers US declared bankruptcy in 2020 citing the devastating impact of the Covid-19 pandemic, and permanently closed more than a quarter of its 200 outlets worldwide. The brand offers more than 30 product categories, including customised apparel, sportswear, outerwear, and shoes.

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From Snoop Dogg to DVF: How collabs help drive growth at Skechers

Inside Retail

Skechers has teamed up with renowned apparel brand Diane von Furstenberg (DVF) on its Endless Kisses Capsule range, which will see the latter brand’s iconic lips design feature on Skechers fashion sneakers, footwear and recovery sandals. But he revealed that Skechers is looking to extend its slip-ins technology across its 31 categories.

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424 US Jewelry Retailers Closed in 2021

VMS

Of those, 331 fell into the category of “ceased operations,” while 91 were listed as “consolidations (sale/merger)” and two were classified as “bankruptcies.”. The total included 55 retailers in the category of “ceased operations” as well as 24 “consolidations (sale/merger).” There were no retailers in the bankruptcy category.

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Next Store: Storytelling & Sustainability

VMS

Perhaps lost in all of the headlines about closures and bankruptcies has been a trend that’s not really trendy but more of a movement with so much meaning for our future. IBM found that 53 percent of consumers fit into two categories: purpose-driven and brand-driven. Even the merchandise is part of this end-to-end story of the cycle.