Stella Foundation’s Post

Oak Essentials , a 2025 FUTURE50 brand founded in 2021 by designer and serial entrepreneur Jenni Kayne, is expanding its retail presence. The skin and bodycare brand, which was primarily online-driven until this year, launched on ulta.com in late 2024 and will be available in 250 Ulta Beauty stores starting February 2, 2025. This significant shift in retail strategy follows a period of substantial growth for Oak Essentials, including a successful $8 million first-round funding and a 2024 retail expansion into Nordstrom. Learn more: https://lnkd.in/ezgcKzfD 📝 Cristina Montemayor #beautyindustry #exclusive #beautyretail #retailstrategy

How Nordstrom is transforming by going private in a $6.25 billion deal led by the Nordstrom family and El Puerto de Liverpool, paving the way for innovation and long-term growth.

Don’t just take our word for it- check out how TruRating helps retailers hit their goals and can align directly with your key priorities as a business. “What gets measured, gets managed”!

There are valuable lessons for all retailers to learn from in Baby Bunting's recent market update. Under the adept leadership of Mark Teperson, Baby Bunting is positioned to showcase a pathway to enhanced future profitability, irrespective of whether a decline in top-line revenue affects their stock price short term. Key takeaways for all of us: 1. Implement cost-saving initiatives by enhancing fulfillment capabilities and last-mile delivery 2. Shift your go-to market strategy from prioritising promotions to emphasising newness and innovation 3. Revamp your loyalty program to ensure its profitable I've often wondered how Baby Bunting managed to sustain its "spend & save" loyalty program offers with a gross profit margin below 37%, and now it's clear they weren't able to. This serves as a great reminder to analyse the impact of discounting throughout your entire profit and loss statement, not solely on revenue. What initiatives are you undertaking to position your business for increased profitability?

In a bold move to redefine beauty standards, Tira Beauty, a part of Reliance Retail, has launched its innovative private label, 'Nails Our Way.' This new venture marks a significant milestone in the beauty market, reflecting Tira Beauty's commitment to innovation and consumer-centric product development. This initiative showcases Tira Beauty's dedication to excellence and creativity and also sets a new bar for #BeautyIndustry standards. As #Tira Beauty continues to expand its product lines and influence, it is poised to make a substantial impact on market trends and consumer preferences. Stay connected for more insights into how companies like Tira Beauty are transforming the #beauty landscape. #TiraBeauty #NailsOurWay #BeautyInnovation #RelianceRetail #MarketTrends #FashionEntrepreneurFund #FEF #FEFEntrepreneurs

FashionUnited asks if 2025 will be the year of retail IPOs with SHEIN, SKIMS and other retailers ready to pull the trigger. #retailnews #retailtrends #stockmarketnews #kaching #showmethemoney #privateequity #payday #CREi #TopRetailExperts

The news that's been circulating for a while is finally official (I'm a few days late, I know, but I've been trying to be a little offline for the holidays). Personally, I'm hopeful about this. I think the department store business in the US needs a shake up, and rather than consolidating (ahem, NM/Saks), I am excited to see what Nordstrom is able to do without the prying eyes of investors and the profit driven expectations of shareholders. Listen, I know that with or without shareholders businesses need to be profitable, but I hope they take this opportunity to become something else as well. When I began in this industry a while back, department stores were the holy grail for brands. They wanted, needed, to be in there. If they could get on the Nordstrom floor, their business had legs and it gave them hope for the future. Now, I advise a lot of my clients to actually avoid department stores. I've seen them be a brand killer, especially for brands with little to no resources, and I think a safer bet these days is DTC and independent retailers - brands can actually get further now without department stores. I hope that changes moving forward, with Nordstrom at least. They have a huge opportunity to become THE main retailer that focuses on discovery and supporting young and independent designers, while also leaning into their heavy hitters and private label to drive margins and support the business. I hope they do away with their marketplace and instead focus on real curation and creative merchandising and buying - fewer brands overall, but brands they believe in, that their customers will find interesting, that they can throw some support around and grow. Data, of course, is both great and necessary, but there is so much sameness that is derived from simply looking at sales numbers, and I firmly believe that by letting some of that reliance on just the numbers go, so much more excitement, customer loyalty, and FUN can be brought back into the shopping experience at their stores. But, let's see, shall we? #luxuryretail #departmentstores #retail #nordstrom

Launched from a garage in Melbourne in the early 2000s, Australia’s Leading Online Beauty Retailer, Adore Beauty has grown from a start-up operation to an ASX-listed company. As Australia’s longest-running online beauty store, the company recognises the importance of maintaining operational efficiency. The online retailer partnered with Slimstock to launch a transformative supply chain initiative, driven by ambitious growth objectives and a vision to redefine and optimise their supply chain strategy. Adore Beauty’s transformation showcases how innovation and collaboration drive success—What’s your next big move ❓ ❓ ❓ #DMSLetsChat #DMSSlimstock #SupplyChainExcellence

https://lnkd.in/gFkVmUms #retail #departmentstores #stores #nordstroms #macys #neimanmarcus #dtc #ecomm #BOPIS #curbside #payment #ElPuertodeLiverpool #SpruceAdvisory #JoelBines To be or not to be - to be public vs. to be private. Renewed efforts to take the company private, prior attempt 2019, have a new partner in Mexican retail group El Puerto de Liverpool. El Puerto already purchased a 10% stake in Nordstrom in 2022. With El Puerto's strong retail/franchise experience (Gap, Banana Republic, Williams Sonoma and Pottery Barn), this latest effort may prove successful in Nordstrom's effort to reposition itself. Department stores continue to face challenges in meeting consumer expectations. With shoppers spending more time purchasing "on the go" via their phone, via various payment options and via varied delivery/pickup options, and less time browsing in store, department stores will continue to be pushed to keep up.

Harsh Sajnani is the founder of Kingpin, a B2B SaaS platform designed to connect brand distributors with retailers. Today, Kingpin supports distributors from over 200 brands, including Guess, On, Reebok, Skechers, Billabong, Jockey, and Sam Edelman, providing access to more than 4,000 retailers in 75 countries. The platform has secured $3.5 million in funding from investors. In 2016, Sajnani established his first company, Si Fashion, a fashion distribution business aimed at diversifying his family’s portfolio beyond textiles, manufacturing, and retail. Within four years, Si Fashion achieved over $10 million in wholesale sales. Full list: https://lnkd.in/dcWtfdRe #forbes #forbesmiddleeast #forbesmiddleeastmagazine #ForbesMECover #forbesmiddleeeastlist #middleeast #30Under30list #UAE #ForbesMEEvents #vision #Leaders Harsh Sajnani