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Wholesale Industry and Market News

Superdry profits cut as wholesale slump continues

Superdry profits cut as wholesale slump continues

Superdry clothes manufacturer’s wholesale business revenue has dipped by almost 60% in the past two months.


Why wholesale prices of eggs increased by 60%

Why wholesale prices of eggs increased by 60%

Avian flu and inflation costs cripple the egg supply. The wholesale price of eggs continues to skyrocket due to the deadly avian flu that has been ravishing poultry farms…


CHEF’STORE opens another wholesale store in California

CHEF’STORE opens another wholesale store in California

US Foods CHEF’STORE has just launched its 17th store in California, bringing its total to over 80 stores across 13 states.


LMVH announced leadership changes for Louis Vuitton and Dior

LMVH announced leadership changes for Louis Vuitton and Dior

Luxury goods company LVMH Moët Hennessy Louis Vuitton has announced leadership changes at flagship brands Louis Vuitton and Christian Dior.


China’s reopening boosts luxury goods market

China’s reopening boosts luxury goods market

Many analysts suggested that China’s zero-covid policies may leave luxury goods markets vulnerable if they continued into 2023.


FTC probes Coke and PepsiCo over their wholesale prices to retailers

FTC probes Coke and PepsiCo over their wholesale prices to retailers

Pepsi and Coca-Cola are under a preliminary investigation by the Federal Trade Commission over a 1930s law relating to wholesale pricing.


Offen Petroleum acquires wholesale division of Gas Depot

Offen Petroleum acquires wholesale division of Gas Depot

Colorado-based fuel supplier Offen Petroleum completed the acquisition of Gas Depot’s wholesale division on January 4, 2023.


Morphe shifts focus to wholesale market closing 18 U.S. retail stores

Morphe shifts focus to wholesale market closing 18 U.S. retail stores

Morphe announced the decision last week to close all 18 US stores, with stores outside the US remaining open.


Amazon reduces corporate workforce by 5% in latest cuts

Amazon reduces corporate workforce by 5% in latest cuts

In the latest round of layoffs beginning in November 2022, Amazon will have reduced its corporate workforce by 5%.


Samsung exploring opportunities to increase its sales

Samsung exploring opportunities to increase its sales

One area of focus will be device integration, an area the company has historically struggled to keep up with its key competitors.