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Kidd & Company, T-street Capital Team To Acquire DTC Companies

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To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. In that role, he spearheaded the shift to a DTC online brand from a catalog company.

Company 130
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Walmart Launches 'Modern Fashion Brand'

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The retail giant is starting β€œa fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. At its core, this new brand is born from thoughtful, simple design, quality fabrics, modern silhouettes and styles updated for today.”. β€œAt Today (Sept.

Branding 263
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Capital One To Focus On Digital, Close 37 Locations

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Capital One is going to increase its focus on digitization and close 37 branches around the U.S., The company has made its intentions known by filing applications with the Office of the Comptroller of the Currency. Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. β€œOur

Capital 209
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Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale

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Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. Kaness said, β€œWe have made many difficult decisions to preserve the Company’s viability during these unprecedented times.

Branding 136
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

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Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. The company’s net loss for the first quarter was $215.9 The brand said it had opened 303 retail stores as of June 3 while following the newest state and federal guidelines.

Branding 141
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Healthcare Tech Company Truepill Raises $75M To Expand

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Truepill , an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. The San Mateo, California-based company said the cash will be used to introduce an at-home lab testing platform. 9) that it closed on a $75 million Series C funding round.

Company 184
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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

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Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners. Simplicity Sells.

Online 334