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16 Jul

Bread Beauty Supply Raises Seed Funding Round – WWD

Bread Beauty Supply Raises Seed Funding Round – WWD
Hair care line Bread Beauty Supply has raised a multimillion-dollar seed funding round, led by Fearless Fund, a enterprise capital fund focused on supporting women of color entrepreneurs. Terms of the deal weren't disclosed. Bread, which offers a variety of fresh products specifically designed for textured and curly hair, was launched three years ago by Maeva Heim, a Black Australian woman and sweetness industry veteran who struggled to search out brands that resonated together with her when she transitioned from relaxed to natural hair. The brand launched on sephora.com and by itself website, BreadBeautySupply.com, with three stock keeping units. Currently it has eight skus including Hair Cream, $28; Macadamia Oil, $28, and Mud Mask, $34, and is offered in a variety of...
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29 Jun

H&M Q2 Sales “Flattish” as Supply Chain and Shipping

H&M Q2 Sales “Flattish” as Supply Chain and Shipping
PARIS – As supply chain and inflation costs hit, Swedish high street retailer H&M posted barely weaker than expected sales within the three months to May 31, citing “flattish” net sales in local currencies. Net sales looked slightly stronger in Swedish kronor, showing a 6 percent increase to 57.6 billion, or $5.36 billion at current exchange. The Swedish currency fell to its weakest level ever against the dollar and the euro in the course of the quarter. With the U.S. dollar up around 2 percent within the period, the corporate cited the currency’s unexpected bounce back, in addition to costs of supplies and shipping, as aspects denting its recovery, despite having a success collection with the Mugler collaboration that was released May...
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7 Feb

From Fashion Assistant to Supply Chain Leader

From Fashion Assistant to Supply Chain Leader
Since graduating from LIM College in 2015 with a bachelor’s degree in Fashion Merchandising, Elisabeth Gil has held a wide range of roles in fashion and wonder, including at Gilt.com, Peter Thomas Roth and the Estée Lauder Cos., where she achieved the positions of program manager, global brand supply chain and global inventory and deployment planner. At first of this yr, Gil took her supply chain management skills to Bark as director of inventory management. Launched in 2012 with BarkBox, a monthly themed subscription of dog toys and treats, Bark describes itself as “dedicated to making dogs comfortable with the most effective products, services and content.” Here, Gil shares her profession path, the importance of mentorship, and what helped inform her profession...
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2 Feb

Gap Inc. Opens Up Supply Chain to SMBs

Gap Inc. Opens Up Supply Chain to SMBs
Gap Inc.. in search of to generate additional revenues, has formed a collaboration with Ware2Go to speed up its technique to open up its supply chain to other brands and retailers. The collaboration integrates Ware2Go’s supply chain technology and existing warehousing footprint utilized by different brands and retailers with Gap Inc.’s GPS Platform Services for outsourcing the corporate’s distribution centers and warehouses, returns processing, customer insights, technical and digital capabilities. The Ware2Go partnership will act as an accelerator for the GPS Platform business, which was launched last fall to boost revenues. It’s been servicing certain large national brands, whereas the collaboration with Ware2Go will service small- to medium-sized retailers and types by enabling them to plug into the Gap network. “Together...
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