Fashion's Broken Sustainability Tools; Retail's Two-Track Holiday Shopping Season
WHAT YOU NEED TO KNOW TODAY: MONDAY, AUGUST 28, 2023 | | |
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| How to Build a Profitable DTC Brand | Investors are no longer willing to give money to companies that promise high sales growth by burning through excessive amounts of cash. Instead, they are gravitating towards brands with profits or at least a clear path to profitability in the short term. This case study profiles three DTC brands that offer a blueprint for achieving both top- and bottom-line growth: apparel brand Marine Layer, intimates brand Meundies and beauty brand Trinny London. Examining each of these brands' path to growth — and challenges encountered along the way — reveals tactics to deploy to prioritise profitability and maintain steady financial discipline. | | |