Fast-growing Dutch retailer to bring womenswear store concept to U.S.
Suistudio specializes in suits — but it's not dressing men.
Based in the Netherlands, the online women's apparel retailer is set to open its first U.S. store at the end of October, in New York City. The merchandise mix will emphasize no-fuss silhouettes that promise an "impeccable" fit and put a modern twist on the notion of power suiting — with in-store, while-you-wait tailoring available. In addition to suits, the mix includes shirts, dresses, and evening wear.
Suistudio is the little sister of Suitsupply, which was founded online in 2000, and has since expanded into brick-and-mortar, with 84 menswear stores across the globe, including approximately 25 in the U.S. The vertically integrated company launched the dedicated womenswear concept online in spring 2017. To date, Suistudio has opened two standalone stores, in Amsterdam and Shanghai.
"We've been asked consistently for a long time to make a women's collection," said Suitsupply founder and CEO Fokke de Jong. "After years of preparation, I think we finally nailed it. A perfect fit that our customers are excited to wear. Our brand is about bringing high-quality product for attainable price points."
Report: Online giant testing its own delivery service
Amazon’s new program could give carriers like United Parcel Service and FedEx a run for their money.
The online giant is experimenting with a program that rivals services handled by longtime partners UPS and FedEx. Specifically, it is dabbling in a program designed to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to Bloomberg.
Handling deliveries itself, Amazon oversees pickup of packages from warehouses of third-party merchants selling goods on Amazon.com and their shipment to customers’ homes. Besides giving the retailer more flexibility and control over the last mile of delivery, the pilot program is slashing operating costs through volume discounts, and reducing congestion in Amazon’s warehouses, the report said.
The company is not giving up its partnerships with UPS and FedEx, but the new service enables Amazon — not the seller — to control how a package is sent, Bloomberg reported.
The pilot program is modeled after a similar service it runs in India. The project, which is dubbed “Seller Flex,” was deployed in West Coast states on a trial basis earlier this year, and is eyeing a broader rollout in 2018.
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Former GNC exec to head up auto parts retailer
Jegs Automotive Inc. has appointed a veteran marketing executive as its new chief executive.
The family-owned high-performance auto parts retailer on Wednesday announced it has appointed Jeffrey Hennion as its new CEO, effective Oct. 16. Most recently, Hennion served three years at GNC Holdings, where he was executive VP, chief marketing & e-commerce officer. He resigned in June.
Prior to GNC, Hennion held leadership positions at several retail, technology and industrial companies. He was president and CFO of Branding Brand from 2012 to 2014. Hennion also spent including 10 years at Dick’s Sporting Goods in a variety of roles, including five years as executive VP, chief marketing & e-commerce officer.
“Jegs has a long tradition of success – with our customers, on the race track and as a leading, high-growth, e-commerce retailer,” stated co-owner and VP Jeg Coughlin Jr. "Based on the strength of our business and the Jegs brand, we felt that finding someone like Jeff would help us continue the successful trajectory and accelerate our growth to the next level. The breadth of Jeff’s experience and depth of knowledge in the e-commerce space will complement the existing strength of the Jegs team and business.”
While at GNC, Hennion helped launched the company’s new G business model that involved realigning the company’s e-commerce, pricing and loyalty programs across its more than 6,800 stores as well as its wholesale business with other retailers.
Founded in 1988, Jegs has evolved from a 4,000-sq.-ft. speed shop to a leading online high performance automotive parts retailer, with over 1 million SKU’s available for purchase.