Direct Retail News Hubb
Advertisement Banner
  • Home
  • Retail News
  • Service Retail News
  • Contact
No Result
View All Result
  • Home
  • Retail News
  • Service Retail News
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home Retail News

Walmart to sell Destination Maternity clothing online, in stores

admin by admin
May 8, 2023
in Retail News


This audio is auto-generated. Please let us know if you have feedback.

Dive Brief:

  • Adding another brand to its lineup, Walmart has entered into an exclusive distribution deal to sell Destination Maternity’s spring and summer fashions in select stores and online, the retailer announced on Thursday.
  • As part of the deal, the retailer will feature various maternity items such as dresses, jeans, jeggings, leggings, nursing bralettes, tops, bottoms and activewear. The clothing ranges from small to XXXL, per the press release. 
  • Parents-to-be can add Destination Maternity products to their baby registry on Walmart’s website and in select stores, according to the announcement.

Dive Insight:

For Marquee Brands, owner of Destination Maternity, the distribution deal with Walmart and the multi-year licensing agreements with apparel manufacturing company Topson Downs and clothing development and manufacturing company Tefron will allow the brand to gain more market share, Tim Reid, executive vice president of fashion and lifestyle at Marquee Brands, said in a statement.

“Walmart is continuing to establish itself as a fashion destination, and that includes expanding our assortment of quality, on-trend apparel and accessories for new and expectant mothers,” Berch Schultz, vice president of merchandising, intimates at Walmart, said in a statement. “As we continue to expand our assortment of national brands, we’re excited to offer Destination Maternity exclusively to Walmart customers at the low prices they expect from us.”

Destination Maternity filed for bankruptcy in 2019. Shortly thereafter Marquee Brands paid $50 million to take over the retailer’s intellectual property and assets and liquidate the company’s stand-alone stores.

At the start of this year, Marquee Brands gave North American operational control of Destination Maternity, along with its Motherhood Maternity and A Pea in the Pod brands, to Hatch CEO Ariane Goldman. Marquee retained ownership over the intellectual property of those brands. As a result of the deal, a new parent company dubbed Hatch Collective was formed, led by Goldman.

In addition to Destination Maternity’s clothing, Walmart has been integrating other DTC brands in recent years, including Bubble, Revolution Beauty and Monica + Andy, into its product assortment. However, the retailer has also been selling off some of its DTC acquisitions, including Eloquii, Bonobos and Moosejaw, to focus on its core business instead.



Source link

Previous Post

Now we are 10! Looking back on the (first) diginomica decade

Next Post

John Lewis chair White could face secret vote of confidence

Next Post

John Lewis chair White could face secret vote of confidence

Recommended

Torrid CFO/COO Resigns; No Permanent Replacement(s) Announced

4 months ago

Retailers around the globe are concerned that inflation will kill demand

5 months ago

© Direct Retail News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Retail News
  • Service Retail News
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Retail News
  • Service Retail News
  • Contact

© 2022 Direct Retail News Hubb All rights reserved.