In the face of ongoing macroeconomic pressures, many consumers are holding off on making major eCommerce purchases until holiday sales events, according to Monos CEO Victor Tam. In an interview with PYMNTS, Tam noted that the travel and luggage direct-to-consumer (D2C) site, which has also been expanding into...
It was good deals or no deal for direct-to-consumer brands this holiday season. This, as inflation-ravaged consumers sought value in all quarters to get the most from their dollars. In reflecting back on the season, Victor Tam, co-founder and CEO of D2C travel and luggage...
Direct-to-consumer subscription providers and digital commerce brands aren’t out of the woods yet. After a year of hardships and headwinds, those merchants betting on long-term profitability could be in for a surprise, market watchers say, while projecting further challenges in 2023. As worsening economic conditions...
Early-stage direct-to-consumer (D2C) brands that rely on investor funding will have a difficult year ahead. This, as macroeconomic conditions worsen and venture capitalists get more conservative with their investments and expectations. Brands that are producing short-term losses in the hopes of building a business that...
June 25, 2024
Monos is growing its brick-and-mortar presence, a move that is not only opening a new sales channel, but also boosting its eCommerce business. In an interview with PYMNTS, Victor Tam, CEO of the direct-to-consumer (D2C) travel and luggage brand, shared that the company’s Friday (June 21) announcement of its second in-person retail location follows the […]
