DTC

Kontoor Brands Reports 2024 First Quarter Results; Raises Full Year Outlook

Retrieved on: 
木曜日, 5月 2, 2024
Fashion, Online Retail, Retail, Manufacturing, Specialty, Textiles, Internet, DTC, International, Kontoor Brands, POS, Investment, Growth, Expense, Forecasting, Capital expenditure, Administration, KTB, Environment, EPS, Ratio, Line of credit, Share repurchase, GAAP, Lee, Wrangler, Natural gas

Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its first quarter ended March 30, 2024.

Key Points: 
  • Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its first quarter ended March 30, 2024.
  • “Our first quarter results were stronger than expected, driven by higher revenue, gross margin, and cash flow,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.
  • “We are pleased with another quarter of market share gains and the improvement we saw in POS and retailer inventories over the course of the first quarter.
  • Kontoor Brands will host its first quarter 2024 conference call beginning at 8:30 a.m. Eastern Time today, May 2, 2024.

Swap Secures $9 Million of Funding to Launch its Global Product Offering

Retrieved on: 
火曜日, 4月 30, 2024
Supply Chain Management, Online Retail, Retail, Other Retail, Technology, Software, Electronic Commerce, DTC, News, QED, DDP, VAT, Software as a service, Entrepreneurship, Tax, Marketing, Chemical oxygen demand, Recycling, Growth, Online shopping

With this capital, Swap will launch Swap Global, allowing the company to unlock new markets through DDP shipping, automated tax remittance, and express customs clearance.

Key Points: 
  • With this capital, Swap will launch Swap Global, allowing the company to unlock new markets through DDP shipping, automated tax remittance, and express customs clearance.
  • Recognizing this, Swap will offer their companies global growth without the growing pains, through this new product offering.
  • Swap handles all global tax filing and duty drawbacks via localized tax and VAT filing by country on all international shipments.
  • Swap is combating this problem by offering consumers a platform that makes it seamless to make returns, exchanges, or receive store credit.

Diamond Sports Group and DIRECTV Announce Multi-Year Distribution Agreement

Retrieved on: 
水曜日, 5月 1, 2024
Entertainment, Sports, Other Entertainment, TV and Radio, General Entertainment, Other Sports, General Sports, NHL, Bally Sports, RSN, Cox Communications, DTC, DIRECTV, MLB, NBA

Under the agreement, DIRECTV and DIRECTV STREAM customers who select a CHOICETM, ULTIMATE or PREMIER package will maintain access to live, local MLB, NBA and NHL games and team related content featured on Diamond’s several RSN channels.

Key Points: 
  • Under the agreement, DIRECTV and DIRECTV STREAM customers who select a CHOICETM, ULTIMATE or PREMIER package will maintain access to live, local MLB, NBA and NHL games and team related content featured on Diamond’s several RSN channels.
  • Additionally, these customers will soon be able to stream Diamond’s RSN content by authenticating with their DIRECTV subscription credentials on the Bally Sports app.
  • This is a significant development for Diamond, and we highly value the relationship we have built with DIRECTV and their customers over the course of many years.
  • We want to ensure our customers receive more flexibility, choice and value, and this agreement provides them with those capabilities.

Diamond Sports Group Reaches Multi-Year Distribution Agreement With Cox

Retrieved on: 
火曜日, 4月 30, 2024
Entertainment, Communications, Sports, TV and Radio, General Sports, Media, Diamond Sports Group, DTC, Ultimate, Sport, Contour, Bally Sports, Partnership, Cox Communications, NBA, Senior, Acquisition, MLB, NHL

Under the agreement, Cox Contour TV Preferred and Contour TV Ultimate customers will continue to have access to live, local MLB, NBA and NHL games and team related content on Diamond’s RSN channels.

Key Points: 
  • Under the agreement, Cox Contour TV Preferred and Contour TV Ultimate customers will continue to have access to live, local MLB, NBA and NHL games and team related content on Diamond’s RSN channels.
  • Additionally, Cox Contour TV Preferred and Contour TV Ultimate customers will be able to stream Diamond’s RSN content by authenticating with their Cox subscription credentials on the Bally Sports app.
  • David Preschlack, CEO of Diamond, stated: “This multi-year agreement with Cox is a significant milestone for Diamond’s go-forward business as we continue to execute the steps necessary to complete our reorganization.
  • We look forward to continuing to deliver regional sports content to our subscribers.”
    Diamond’s agreement with Cox follows Diamond’s previously announced multi-year renewal of its distribution agreement with Charter Communications, Inc.

BigCommerce with Amblique Fires up Growth for Barbeques Galore with Launch of New B2B Storefront

Retrieved on: 
月曜日, 4月 29, 2024
Internet, Online Retail, Retail, Technology, Software, BIGC, DTC, Architecture, MKM, ERP, Software as a service, MSF, MVP, Barbeques Galore, Growth, Sales

Leveraging B2B ecommerce as a growth avenue, Barbeques Galore turned to BigCommerce’s B2B Edition to create personalized buyer experiences and a frictionless B2B purchasing journey to meet buyer expectations, drive conversions and build brand loyalty in new and existing markets.

Key Points: 
  • Leveraging B2B ecommerce as a growth avenue, Barbeques Galore turned to BigCommerce’s B2B Edition to create personalized buyer experiences and a frictionless B2B purchasing journey to meet buyer expectations, drive conversions and build brand loyalty in new and existing markets.
  • B2B Edition has been critical in helping Barbeques Galore scale.
  • The brand has expanded into New Zealand and currently operates Barbeques Galore AU and NZ B2B, Barbeques Galore NZ B2C, Pricotech AU B2B, and Ziegler and Brown NZ Content on the platform.
  • Barbeques Galore recognizes the value of delivering a powerful B2B ecommerce experience to elevate online selling experiences and meet digitally native buyers where they are.”

OptimizeRx Named America’s Fastest-Growing Company for Fifth Year in a Row

Retrieved on: 
木曜日, 4月 11, 2024
DAAP, DTC, HCP, AI, Artificial intelligence, Patient, Organization, Growth, Financial Times, Nursing

The Americas’ Fastest Growing Companies 2024 ranking identifies companies with the strongest revenue growth between the years 2019 and 2022.

Key Points: 
  • The Americas’ Fastest Growing Companies 2024 ranking identifies companies with the strongest revenue growth between the years 2019 and 2022.
  • OptimizeRx’s 36% growth during that time-period was fueled by a “land and expand” strategy.
  • OptimizeRx's impressive growth trajectory is further fueled by the market's strong adoption of its proprietary Dynamic Audience Activation Platform (DAAP).
  • This commitment positions the Company to empower HCPs, optimize care delivery, and shape a healthier future for all.

Columbia Sportswear Company Reports First Quarter 2024 Financial Results; Updates Full Year 2024 Financial Outlook

Retrieved on: 
木曜日, 4月 25, 2024
Footwear, Sports, Textiles, Specialty, Outdoors, Fashion, Manufacturing, Retail, DTC, Investment, Weather, Nature, Capital, Security (finance), Inventory, Capital expenditure, Australian Financial Review, Environment, Three Months, Operating cost, EPS, Workforce, Columbia Sportswear, GAAP, Balance sheet

Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced first quarter 2024 financial results for the period ended March 31, 2024.

Key Points: 
  • Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced first quarter 2024 financial results for the period ended March 31, 2024.
  • “Our financial position remains strong, with approximately $788 million in cash and short-term investments, and no borrowings at quarter end.
  • The Company plans to report second quarter 2024 financial results on Thursday, July 25, 2024 at approximately 4:00 p.m.
  • The Company provides a reconciliation of non-GAAP measures to the most directly comparable financial measure calculated in accordance with GAAP.

Solo Brands, Inc. First Quarter Fiscal 2024 Financial Results To Be Released Thursday, May 9, 2024

Retrieved on: 
木曜日, 4月 25, 2024
Home Goods, Restaurant, Bar, Other Retail, Specialty, Other Sports, Fashion, Luxury, Retail, Webcast, DTC, Conference, ISLE

Solo Brands, Inc (NYSE: DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove , Chubbies , Oru Kayak , ISLE , TerraFlame , and IcyBreeze today announced that it plans to report its first quarter fiscal 2024 financial results on May 9, 2024, before the market opens.

Key Points: 
  • Solo Brands, Inc (NYSE: DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove , Chubbies , Oru Kayak , ISLE , TerraFlame , and IcyBreeze today announced that it plans to report its first quarter fiscal 2024 financial results on May 9, 2024, before the market opens.
  • ET to discuss its financial results.
  • A recorded replay of the call will be available shortly after the conclusion of the call and remain available until May 16, 2024.
  • To access the telephone replay, dial 866 813 9403 (international callers, please dial +44 204 525 0658).

Ermenegildo Zegna Group Reported Q1 2024 Revenues of €463 Million1, up 8%2 YoY, Driven by Zegna Brand and the Integration of Tom Ford Fashion

Retrieved on: 
火曜日, 4月 23, 2024
Manufacturing, Fashion, Luxury, Textiles, Retail, Thom Browne, Yoy, DTC, DOS, Calendar, Acquisition

In Q1 2024, DTC revenues were €328.0 million, + 20.4% YoY compared to €272.4 million in Q1 2023 and +3.2% on an organic growth basis.

Key Points: 
  • In Q1 2024, DTC revenues were €328.0 million, + 20.4% YoY compared to €272.4 million in Q1 2023 and +3.2% on an organic growth basis.
  • The integration of the TOM FORD FASHION business contributed €43.7 million in DTC revenues for the quarter.
  • In Q1 2024, wholesale branded revenues were €99.1 million, -11.5% YoY compared to €112.0 million in Q1 2023 (-25.9% on an organic growth basis).
  • TOM FORD FASHION wholesale revenues were €21.3 million, representing 33% of total TOM FORD FASHION’s revenues.

Challenger Hydration Brand waterdrop® Welcomes Industry Leader Alexandre Ruberti to Drive Growth in the Americas

Retrieved on: 
火曜日, 4月 23, 2024
Supermarket, Retail, Other Retail, Food, Beverage, Organization, Target, DTC, Red Bull, Partnership, Entrepreneurship, Ruberti, Movement, Athlete, Multimedia, ATP Tour, Industrial design

waterdrop®, the innovative hydration brand revolutionizing the beverage industry with its waterdrop® Hydration Cubes, is thrilled to announce the appointment of Alexandre Ruberti as General Manager for the Americas.

Key Points: 
  • waterdrop®, the innovative hydration brand revolutionizing the beverage industry with its waterdrop® Hydration Cubes, is thrilled to announce the appointment of Alexandre Ruberti as General Manager for the Americas.
  • “I am thrilled to join waterdrop® at a pivotal moment in the company's journey of becoming a leading brand in healthy, sustainable hydration.
  • With the introduction of its innovative waterdrop® hydration cubes the company has set a new industry standard for daily hydration, made simple.
  • The company's innovative approach to hydration, combined with its commitment to sustainability, has set a new standard in the beverage industry.