How Fashion Brand Natori Does Business in the Age of Amazon
*By Jacqueline Corba*
What began as a lingerie brand 40 years ago has become an innovator in online retail.
Women's fashion company Natori recently reported sales through social media [rose 76 percent](https://www.mobilemarketer.com/news/natori-boosts-social-media-sales-76-from-ai/522010/) over six months thanks to Albert, an A.I. platform that builds marketing campaigns for the web.
But that's not the only source of growth.
As e-commerce competition for women's fashion grows more intense, Natori is expanding its partnership with Amazon to reach customers on a more global, interconnected scale. Ken Natori, the company's CEO, said he visited Amazon headquarters last week to discuss the plans.
The company first joined forces with Amazon eight years ago to distribute lingerie, sleepwear, and underwear. Natori said its early partnership helped his company stay ahead of competitors.
"We're really trying to create a balance between our traditional wholesale business and looking at some of these new ways of interacting with customers that really are big drivers in growth right now," he said.
The privately-held company earned $200 million in revenue last year, but the CEO isn't complacent. Natori, whose mother Josie founded the company, knows the operation's flexibility is essential to its success.
"The way consumers buy and interact with product and brands has just changed tremendously," said Natori. "We've tried to be as nimble as possible."
Also, cautious. Natori said the company has other partners, and he doesn't want them to feel neglected in favor of Amazon.
"We can't go full speed with them without the threat of jeopardizing our other businesses," he said.
For more on this story, [click here](https://cheddar.com/videos/the-natori-company-president-on-state-of-retail).
LeBron James has agreed to an exclusive deal with Fanatics Collectibles. James and his son, Bronny, will appear together on a unique sports trading card to herald the Los Angeles Lakers superstar’s new multiyear partnership with Fanatics.
Joe Zhao, Managing Partner at Millennia Capital, joined Cheddar to discuss the latest stock moves and how the market is being impacted by artificial intelligence.
Wall Street was quiet early following a lackluster session a day earlier as markets await U.S. inflation data and high-profile corporate earnings reports later in the week.
The World Economic Forum says false and misleading information supercharged with cutting-edge artificial intelligence is the top immediate risk to the global economy.
CES 2024 starts this week in Las Vegas. It's set to feature swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more. Here's a list of the coolest announcements so far.
Astronauts will have to wait until next year before flying to the moon and another few years before landing on it. NASA on Tuesday announced the latest round of delays in its Artemis moon-landing program.
The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors. The labor department rule going into effect Tuesday replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors
The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.
Dave Long, CEO and Co-Founder of Orangetheory Fitness joins Cheddar to chat trends in the industry for 2024. He updates us on the company's plans to expand and what the state of the economy has meant for business.