Direct-to-Consumer

How direct-to-consumer brands and retail concepts are reshaping the industry, online and off.












THE NEWS IN BRIEF

DTC Brand Quince Valued at Over $4.5 Billion

The fast-growing accessible luxury label that’s gone viral on Instagram and TikTok is raising $200 million in a new funding round that values the company at more than $4.5 billion, according to sources.


Warby Parker to Open Target Shop-in-Shops

The digitally native eyewear maker joins Ulta in carving out space inside the big box store. It also reported its highest quarterly growth since 2021.


Telfar to Open Its First Flagship Store

The cult apparel and accessories label’s 10,000-square-foot outpost in New York will include a year-round selection of its popular “Bushwick Birkins” and a television studio.