Wholesale Industry & Market News
92 news articles published
Luxury brands spent over $9 billion on real estate since 2023
Having spent $9 billion on properties since 2023, luxury brand companies buy outlets across the world’s most well-known shopping districts.
Wholesale trend alert: toe spacers transform fitness and foot health
The fitness world is well known for its crazy trends, and it seems that its latest craze is to have well-spaced toes.
Family Dollar set to close 1,000 stores nationwide
American dollar store, Family Dollar, announces that it will be closing around 1,000 stores across the country.
Brunt enters wholesale with 23 retail partners
Brunt, the popular workwear brand, is now set to officially branch out thanks to its first-ever wholesale endeavor.
Amazon to be made responsible for everything it sells?
Amazon soon may be ruled to become responsible for the safety of third-party goods sold through its website.
Tough times for some luxury brands
Early reports indicate that the Christmas 2023 shopping season was better for some luxury companies than others.
Online trade of second-hand luxury goods making billions
Luxury brands might not like it but there is not much they can do to stop the thriving online second-hand market.
French supermarket chain Carrefour to stop selling Doritos and Pepsi?
The French wholesaling corporation Carrefour has recently announced that it will be dropping several products belonging to PepsiCo.
Shein and Temu’s lifeline to suppliers comes with a cost
China’s Shein and Temu are two large e-commerce app companies, with thousands of smaller Chinese vendors and factories on their platforms.
Luxury stores overloaded with excess inventory
As the luxury brand industry slows, companies are now looking for ways to get rid of their increasing surplus of excess inventory.
Is the luxury brand industry fading?
It looks like the steady stream of profits enjoyed by many luxury brands is starting to slow down.
Affordable luxury goods continue to be a slow-growth category
Tapestry, owner of Coach, is planning a prospective takeover of Capri Holdings, owner of the more affordably priced label Michael Kors.
Rolex to buy watch retailer Bucherer
Rolex, the Swiss luxury watch titan, has announced its acquisition of the renowned watch retailer, Bucherer.
Things are looking up for Walmart as sales continue to grow
As Americans continue to buy the necessities of life, while also looking for the best deals, Walmart sales and profits continue to grow.
Major fashion labels seeing wholesale revenue decline
Over the past couple of months, several substantial fashion labels have reported significant declines in their wholesale profits.
September set to be a big month for Gucci
Gucci is launching new plans in order to keep business rolling in the current state of the economic climate and continuing customer fatigue.
Not offering products online made Primark successful
Retail giant Primark made 9.5 billion dollars in sales revenue last year without a penny of it coming from online shopping.
Wholesale slump continues for Levi Strauss & Co.
To overcome the wholesale slump in the U.S. market, Levi Strauss & Co. is diversifying its products and focusing on direct-to-customer sales.
Nike raises prices despite excess inventory
Over the next year, Nike is set to raise prices despite ongoing efforts to focus on using discounts to sell excess inventory and boost sales.
Shop & delivery apps address users' rudeness toward delivery personnel
Instacart addresses disrespect and rude behavior toward delivery personnel and says repeated rulebreakers will be banned from the app.
Final Sale
The word "final sale" in retail usually means that once purchased the sale is final and can’t be returned.
Nike to restart selling to wholesalers
For the last six years or so, Nike has been separating itself from traditional retail stores in favor of direct-to-consumer selling.
Local shops to receive wholesale support from Bestway
Britain’s local shops are an important component of the distribution chain. Bestway pledged to support them through its wholesale network.
Shopping malls in the US welcome a number of new global brands
Many European and Asian brands are now looking to the U.S. as a market for expansion, as it is one of the biggest in buying goods.