Technology

P180 Announces Investment in Luxury Fashion Brand Altuzarra

Published

3 months ago

October 17, 2024

NEW YORK, Oct. 17, 2024 /PRNewswire/ — P180, a new venture focused on growing brand and retailer profitability in the luxury apparel space, announced its investment in global fashion brand Altuzarra. This strategic move follows P180’s recent investment in the multi-brand premium retailer, elysewalker.

Altuzarra, known for its modern yet timeless luxury womenswear, is an ideal partner for P180 due to the brand’s strong market presence, exceptional design, and the leadership of its visionary founder, Joseph Altuzarra. The direct-to-consumer business has grown tremendously over the last five years making it a natural choice for P180’s growing portfolio.

In addition to its financial investment, P180 will support Altuzarra’s digital transformation by onboarding Altuzarra.com onto CaaStle’s propriety platform. This critical step is expected to enhance Altuzarra’s e-commerce capabilities, transforming the digital channel into a guaranteed profit center for the luxury brand, while enabling the Altuzarra team to focus on evolving its creative vision and expanding its assortment.

Co-founded by industry veteran Brendan Hoffman and CaaStle CEO Christine Hunsicker, P180 invests in compelling fashion brands and implements CaaStle’s platform to accelerate growth, and lift both profitability and valuation. P180 will provide operational experience and access to industry resources including the CaaStle platform, which offers technology enabling rental, pricing, e-commerce management, and digital marketing capabilities and expertise.

“P180 is thrilled to announce our second investment, focusing on the designer-led brand Altuzarra,” says P180 Co-Founder Brendan Hoffman. “This marks our first investment in a mono-brand, reflecting our belief that designer-led brands like Altuzarra have significant revenue and profit potential when provided with the resources to optimize their operations, particularly in inventory monetization. Altuzarra’s brand strength, product excellence, and Joseph Altuzarra’s continued leadership make it the perfect partner for P180. We’re excited to help unlock new growth opportunities together.”

Altuzarra’s founder and creative director, Joseph Altuzarra, expressed enthusiasm about the new venture: “I am thrilled to be partnering with P180, marking an exciting milestone for Altuzarra. Their forward-thinking approach and industry expertise provide the ideal foundation for our brand’s next phase of growth. This partnership will not only allow us to expand our global presence but also help us strengthen our digital strategy. I’m particularly looking forward to leveraging P180’s expertise to create more impactful ways to connect with our customers while continuing to push the boundaries of our creative vision.”

Over the next 12-24 months, P180 plans to expand its portfolio with additional investments in compelling fashion brands and retailers, providing working capital, operational expertise, and innovative digital capabilities to help brands reach new heights.

About P180:
P180, a new venture co-founded by Christine Hunsicker, and Brendan Hoffman, is dedicated to driving brand and retailer profitability by introducing CaaStle’s monetization technology into the omni-channel experience. P180’s core mission is to invest in or acquire brands and retailers that stand to benefit from operational expertise and innovative technology.

About CaaStle:
CaaStle is the leading B2B technology company driving the next evolution of inventory monetization for apparel and beyond. The Company’s innovative CaaS (“Clothing as a Service”) rental platform has created a new economy for apparel – enabling retailers, fashion brands, content creators, and digital communities in the U.S. and U.K. to strategically participate in the rental economy and connect with highly engaged consumers looking for a more flexible and sustainable way to experience fashion. Named one of Fast Company’s Most Innovative Companies for two consecutive years, CaaStle is proving that rental is an essential and lucrative component of a brand’s omnichannel strategy. For more information, visit CaaStle.com.

About Altuzarra:
Altuzarra is a luxury fashion brand celebrated for its distinct blend of modern sophistication and timeless elegance. Since its founding in 2008 by Joseph Altuzarra, the brand has become synonymous with thoughtfully designed, meticulously crafted collections that marry creativity with an intimate understanding of the contemporary woman’s needs. Known for striking silhouettes, rich textures and prints, and an exacting approach to tailoring, Altuzarra creates clothing that empowers women to feel both confident and effortlessly chic, capturing the dynamic spirit of modern femininity.

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SOURCE P180

Technology

StorageUnits.com: 4 in 10 Americans Are Stockpiling Goods in Fear of Tariffs

Published

2 hours ago

January 15, 2025

Americans prepare for anticipated economic shifts under President-elect Donald Trump.

SEATTLE, Jan. 15, 2025 /PRNewswire-PRWeb/ — StorageUnits.com, a reliable and user-friendly platform for finding the best and most convenient storage facilities, recently published findings from a December 2024 survey examining Americans’ preparedness in response to anticipated economic shifts under President-elect Donald Trump. The survey of 1,750 U.S. residents highlights significant stockpiling activity and large purchases.

According to the survey, 28% of Americans are actively stockpiling goods, with another 17% planning to start soon. Household essentials (78%) and non-perishable foods (78%) rank as the most commonly stockpiled items, while 20% of respondents say they are stockpiling a year’s supply or more. Among active stockpilers, 15% have already spent over $1,000, and 7% are using rental storage units to manage their surplus goods.

Fear of tariffs is a key driver behind this behavior, with 9 in 10 respondents expressing concern about how Trump’s proposed tariffs will impact the cost of goods. The survey also reveals that 1 in 3 Americans have made or plan to make large purchases—such as electronics, appliances, and cars—before Trump takes office, citing his election as a significant influence on their decisions.

This survey, commissioned by StorageUnits.com and conducted online via Pollfish in December 2024, collected responses from 1,750 U.S. residents. To view the study write-up, please visit: https://www.storageunits.com/4-in-10-americans-are-stockpiling-goods-in-fear-of-tariffs/

StorageUnits.com is an emerging startup dedicated to helping consumers across the United States discover the best and most convenient storage options in their local communities. The website provides comprehensive resources and tools for traditional self-storage, full-service storage, and moving solutions. For more information, please visit http://www.storageunits.com.

Media Contact

Amanda Baker, StorageUnits.com, 000-0000, amanda@storageunits.com

View original content:https://www.prweb.com/releases/storageunitscom-4-in-10-americans-are-stockpiling-goods-in-fear-of-tariffs-302350222.html

SOURCE StorageUnits.com

Technology

InventHelp Inventors Develop New Solar Phone Charging Resort Table (LOS-249)

Published

2 hours ago

January 15, 2025

PITTSBURGH, Jan. 15, 2025 /PRNewswire/ — “We thought there should be a way to charge your phone or other mobile device while lounging at the pool,” said one of two inventors, from Newbury Park, Calif., “so we invented the SOLAR PHONE CHARGING RESORT TABLE. Our convenient and environmentally-friendly design eliminates the need to find a traditional outlet or power source for charging your phone.”

The patent-pending invention provides an improved poolside table for resorts, hotels, and cruise ships. In doing so, it allows users to charge their smartphones and other mobile devices. As a result, it increases convenience, and it could enhance the guest experience. The invention features a durable and waterproof design that is easy to use so it is ideal for hotels, resorts, cruise lines, etc.

The original design was submitted to the Los Angeles sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-LOS-249, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/inventhelp-inventors-develop-new-solar-phone-charging-resort-table-los-249-302348150.html

SOURCE InventHelp

Technology

National Business Research Institute recognizes OHIO PETERBILT

Published

2 hours ago

January 15, 2025

OHIO PETERBILT earns a place in NBRI’s Circle of Excellence

PLANO, Texas, Jan. 15, 2025 /PRNewswire-PRWeb/ — The National Business Research Institute (NBRI) is pleased to welcome OHIO PETERBILT to the NBRI Circle of Excellence!

The NBRI Circle of Excellence Award recognizes organizations that demonstrate high levels of Customer Experience through rigorous, science-based customer research. Organizations must score at or above Stretch Performance at the 75th percentile of their industry or improve by five (5) or more percentiles over the previous year, which is no small feat.

OHIO PETERBILT is compared to or benchmarked against its industry, which is a subset of NBRI’s robust database of survey answers. OHIO PETERBILT is performing at the 71st percentile. NBRI commends the leadership of OHIO PETERBILT for their commitment to science-based Customer research and continuous improvement of its Customer Experience.

OHIO PETERBILT embraces the Best Practice of continually assessing and targeting the variables that drive Overall Satisfaction and Intent to Return. NBRI’s advanced statistical modelling of OHIO PETERBILT’s data, provides OHIO PETERBILT with the keen insight and actions necessary for the continuous improvement of Customer attitudes, behavior, and experience.

“Great business leaders understand how exceptional Customer experiences improve business performance. They take the time to listen to their Customers, identify and tackle important business issues, and create interactions that build customer loyalty,” says Steve Moylan, President at NBRI. “OHIO PETERBILT PETERBILT’s high achievement in earning this distinguished award is a direct result of OHIO PETERBILT PETERBILT’s dedication to measuring and improving its Customer Experience.”

About OHIO PETERBILT

OHIO PETERBILT, a division of Ohio Machinery Co., is a leading Peterbilt dealership with ten locations across the state. It serves the trucking industry with a commitment to quality service, sales, and support and provides a wide range of solutions for fleets and owner-operators, from conventional diesel trucks to the latest in electric vehicle technology.

About NBRI

NBRI conducts science-based Employee, Customer, and Market Research for businesses, and uses this data to help organizations leverage these human insights to make improvements to operations and strategy. With extensive experience across industries, NBRI’s research teams provide clients a combination of deep industry knowledge and expert advice. NBRI’s mission is to help its clients set new standards of Ohio Peterbilt in their industries. NBRI offers full-service business research and consulting ensuring NBRI clients focus on the most impactful issues to improve performance and unlock growth.

National Business Research Institute, Inc.

3300 Dallas Parkway; Suite 200

Plano, TX, 75093

972-612-5070

1-800-756-6168

www.nbrii.com

OHIO PETERBILT

900 Ken Mar Industrial Pkwy,

Broadview Heights, OH 44147

(440) 526-0520

ohiopeterbilt.com

Media Contact