Wholesale news and archive

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...

Fashion

Nobody’s Child appoints Just a Group to expand wholesale

Womenswear brand Nobody’s Child is partnering with Just a Group, which owns distributor Just Now Distribution Ltd, to expand its wholesale business with independent fashion boutiques in the UK. From spring/summer 2024, Nobody’s Child will be distributed by Just Now Distribution, and sales to independent retailers will be handled by the group’s...

Business

Chinese buyers make buoyant return for AW23 season, according to Joor

As China continues on its path of recovery after opening its borders for unrestricted entry, buyers from the region are picking up where they left off, with wholesale platform Joor reporting a “huge bounce back” in transactions. The platform said there had been a “significant rise” in Chinese retailers placing wholesale orders and an “associate...

Fashion

How to future proof your wholesale and back office processes

The global fashion industry is no stranger to the unpredictability of our time. With a looming recession and inflation-driven expense hikes, companies have no choice but to resort to tight cost control measures. Whilst it might seem counterintuitive to invest in specialised industry tools during such a volatile moment in history, there has never...

Business

Wholesaler Joor launches shoppable trend report

Wholesale marketplace Joor has launched a new feature on its platform that allows users to shop directly from its trend report. Through ‘On Trend: Women’s Fall 2023’, buyers will be able to purchase runway trends from the current season from an edit of over 14,000 fashion brands that are presenting their FW23 collections via Joor. It marks the...

Business

Emerging wholesale platform Powered by People secures eight million dollar funding

Digital wholesale platform Powered by People (PBP) has announced the closing of an eight million dollar series A equity funding, led by Altos Ventures with participation from existing investors. In a release, the company said it would be using the funds to continue scaling its global operations and technology. Next to the funding, PBP also...

Retail

Princess Polly enters wholesale for first time via Pacsun

Australian retailer Princess Polly is set to enter the wholesale market for the first time via a new partnership with Gen Z multi-brand chain Pacsun. The e-commerce brand initially only offered physical footprints at pop-up locations, with this new agreement marking the first time it will be available through an omnichannel retailer, both...

Business

The Folklore Connect partners with Raisefashion to advance support of Black-owned brands

Online wholesale marketplace The Folklore Connect has established a new partnership with nonprofit Raisefashion in an effort to support Black-owned brands on the site. As part of the deal, the marketplace will welcome 17 brands from the Raisefashion network onto its platform for a six-month free membership, and will continue to onboard a new...

Business

Faire launches mobile app for brands

Wholesale marketplace Faire is launching a mobile app for brands that will allow independent brands to manage their business “from their phones, anytime, anywhere”. The launch is part of Faire’s goal of providing a truly end-to-end solution for independent brands and retailers so that they can meaningfully compete with the global giants by...

BusinessFeatured

Joor shares wholesale trends that “will shape” 2023

Wholesale platform Joor is predicting that the ongoing economic instability and immersive digital experiences will lead the wholesale trends in 2023 as the fashion industry looks to diversify its distribution strategy. Joor expects next year “to reward digital investments that enhance flexibility above all” by embracing hybrid retail and...

Business

Faire appoints former Meta exec as new chief product officer

Wholesale marketplace Faire has announced the appointment of Ami Vora as its new chief product officer. Vora joins the company from social media giant Meta, where she served for 15 years in various leadership positions and has been credited with scaling the company’s global workforce. Most recently, she held the role vice president of product...

Business

The path to a more profitable wholesale business

The fashion industry is not immune to the ongoing volatility taking place around the world. With signs of an impending recession, brands are taking drastic cost savings measures. Paired with the rising costs of materials due to inflation, business is becoming more challenging and expensive to conduct. To help brands reduce costs while maximizing...