Premium flip-flop company Hari Mari has hired Andy Trammell to run its global wholesale business with the goal of expansion. Trammell most recently worked for Native Shoes where he was VP of Sales since 2013.
The National Retail Federation (NRF) is hosting its annual Shop.org conference this week in LA, bringing major companies together to discuss digital retail. Attendees include Nike, Zappos, H&M and Patagonia.
Amazon.com Inc plans mass layoffs at its money-losing parenting products subsidiary Quidsi as part of a business restructuring, the company said in a document filed with the state of New Jersey on Wednesday.
Amazon could be about to launch an own-brand fashion label in the UK as it targets explosive growth in the $3trn international fashion sector. A launch could happen as early as this spring, according to reports.
Jeff Bezos may be holding a Trump card in the U.S. retail-store slump. Amazon's American Apparel bid could show the president-elect suspicious of Silicon Valley that he's saving thousands of working-class U.S. jobs.
In a deal valued at $70 million, Jet, now owned by Walmart, has acquired ShoeBuy from IAC. The move is likely part of Walmart's effort to compete against Amazon, specifically its online shoe store Zappos.