Wholesale news and archive

Online wholesale platform Fleek raises 20.4 million dollars for expansion plans

Online platform for wholesale secondhand fashion Fleek has raised 20.4 million dollars in funding. This consists of a 14.8 million dollar Series A financing and a 5.6 million dollar seed round. The investment was backed by HV Capital, Andreessen Horowitz and Y Combinator, as well as investors such as Shopify chairman Harley Finkelstein and...

Business

Abercrombie Kids expands into wholesale with Haddad Brands deal

Abercrombie Kids, the childrenswear brand of Abercrombie & Fitch Co., is set to enter the wholesale market via a new deal with privately-held licensing firm Haddad Brands. The aim of the partnership is to expand the global reach of the Abercrombie Kids brand through a long-term growth plan that will be driven by Haddad Brands itself. As such,...

BusinessFeatured

White Stuff targeting the US and expanding wholesale business

British fashion and lifestyle brand White Stuff is launching in the US this summer as it looks to step up its international expansion plans and double the size of its wholesale business over the next four years. In a statement, White Stuff said it will be rolling out this month through several wholesale retail partners in seven US states,...

Business

Design Arc UK acquires Lily and Lionel and launches two new brands

Global supply chain solutions provider Design Arc UK has acquired established womenswear brand Lily and Lionel and launched a new brands division to introduce two new womenswear brands. In a statement, Design Arc UK said it would be launching Raffya and Jagged & Beau, two new womenswear brands designed exclusively in-house, offering resort wear...

BusinessFeatured

Joor predicts that wholesale will continue to thrive in 2024

Digital wholesale platform Joor predicts that wholesale will continue to thrive next year as brands shift away from direct-to-consumer while adding that retailers will be buying conservatively. In its end-of-year report for 2023, Joor said that despite the challenging environment, brands on its platform are experiencing growth, with 67 percent...

From margins to sell-through: Important figures used in the fashion industry

On this page you will find key figures used in the fashion industry to monitor and optimise performance, such as sell-through, margin, and turnover, among others. Retailers use numerical analyses to substantiate business decisions, such as making a purchasing plan and budget for the next fashion season. “We sometimes compare choices for budgets...

Fairs

Sports fair Ispo enters into collaboration with wholesale platform Joor

A trade fair seeking cooperation with a wholesale platform: in today's fashion industry, it seems a wise move. Sports fair Ispo Munich is joining hands with wholesale platform Joor. Through the collaboration, the parties aim to broaden the sales options of ISPO brands, with the addition of a digital sales channel to the sports fair itself. "As a...

Inside independent retail: What it takes to run a fashion store

There are various types of fashion stores. We use the term retailers to broadly refer to all those who sell clothing to consumers. Retailers include chains such as Scotch & Soda, H&M and Zara, as well as department stores such as John Lewis, Harvey Nichols and Selfridges. However, the term retailers also refers to independent retailers -...

BusinessFeatured

Joor raises 25 million US dollars to accelerate growth

Wholesale platform Joor has raised 25 million US dollars to accelerate growth and innovation, as well as drive its ambitions to expand into sports, footwear and outdoor categories and enhance its payment solution. The investment round was led by Brightwood Capital and Tamarix Capital Partners, alongside support from existing investors Macquarie...

Wholesale and retail explained: Definitions, examples, and pricing strategies

Entering the fashion industry and deciding on how to distribute your products can be complicated. What is retail and wholesale? Who uses them and why? What are retail and wholesale prices and why are they different? In this short background piece, FashionUnited dives into all the above and more. The difference between retail and wholesale 1....

Business

Shopify becomes shareholder in wholesale marketplace Faire

As part of a new global partnership between the duo, commerce developer Shopify has become a shareholder in Faire, making the B2B retail marketplace the recommended wholesale platform for Shopify merchants. The move to become a shareholder reflects the long-term commitment Shopify is making towards the partnership, which will expand on its B2B...

BusinessFeatured

Global fashion brands shifting investments to wholesale channels - Joor report

Global fashion brands are investing in wholesale over DTC channels as they expect a 27 percent growth in wholesale channels this year, according to a new report. Nearly three-quarters of brands (74 percent) reported wholesale currently making up over half of their sales, with the majority of brands (51 percent) stating that wholesale ranks ahead...