Two years ago we recorded an episode on On Running. This week we're re-airing it, and it holds up better than I expected.When we recorded it in 2024, On had just crossed two billion in revenue and was making big promises about margins and innovation. Since then they passed three billion, hit the margins they were targeting, and their LightSpray technology can now build a shoe in about three minutes.But the part of the story I keep coming back to isn't the growth. It's 2011.Three weeks before Chinese New Year, their factory went bankrupt with 30,000 pairs of unfinished shoes locked inside. Their R&D lead had been on the production floor days earlier and saw nothing wrong. They got the product out, paid another factory triple wages to assemble everything, air freighted it, and wiped out most of their profit for the year. The company almost died in its second season.The lesson they internalized is one most brands still skip: you have to understand your factory's balance sheet. Your supplier is a business too, with cash flow pressure, raw material bets, and payroll of their own. A factory can look busy right up until the day the doors are chained.

Veja is usually filed under "sustainable sneaker brand." That label is true and far too small. In this footwear-season episode of Ecommerce on Tap, Aaron Alpeter sits down with Divya Demato of GoodOps to break down how Veja built a brand by inverting the P&L, spending on the supply chain instead of advertising.We get into the five models of sustainability in footwear, why Veja bet everything on transparency, how it sources cotton and wild Amazonian rubber directly from producers, why it manufactures in Brazil, and the hard question of whether a brand this operationally specific can ever really be sold.If you build physical products, this one is about where brand trust actually comes from, and why your operations might belong front and center instead of backstage.

Rothy's is known for sustainable shoes made from recycled plastic bottles. But that's not actually what they built.In this episode, Aaron and co-host Barb Almeida (Superbloom Insights) break down the real story behind Rothy's — a programmable knitting system that two outsiders spent four years and $2 million developing before they ever sold a single pair of shoes.They cover why footwear is one of the most waste-intensive consumer categories, how Rothy's designed waste out of the manufacturing process before they designed the product, why Nike never sued them despite using similar technology, and what Alpargatas was actually buying when they put $475M into a 49.9% stake in 2021.If you're building a physical product brand — or thinking about what makes a manufacturing-led business defensible — this one is worth your attention.Topics covered:Why footwear has more manufacturing waste than almost any other consumer categoryHow Rothy's programmable knitting system worksThe four-year, $2M development period before launchThe 2012 DTC playbook — and why Rothy's did the oppositeRothy's vs. Nike Flyknit: same technology, completely different objectiveGoldman Sachs and Alpargatas: what they were actually buyingWhat founders can take from a brand that built the system before the productThe Shopify origin story (tidbits segment)Tariff refund update: $20B paid out so farEcommerce on Tap goes deep on the operational and commercial story behind specific consumer brands and categories. Each season covers one industry. This season: footwear.

Birkenstock is one of the most recognizable footwear brands in the world.But what most people don't realize is that the company spent over 200 years building the system that made its success possible.In this episode of Ecommerce On Tap, Aaron Alpeter is joined by Niket Shah of Acceler8 Labs to explore the history, supply chain, biomechanics, manufacturing strategy, and growth story behind Birkenstock.They discuss:• How a German shoemaking family evolved into a global brand• Why foot biomechanics became the foundation of the company• The role cork plays in Birkenstock's product moat• How Birkenstock entered the U.S. through wellness channels instead of traditional retail• Why vertical integration still matters in footwear manufacturing• The private equity and IPO decisions that transformed the business• Lessons founders can apply to their own brandsBirkenstock's story isn't really about sandals.It's about building a system that competitors struggle to replicate.#EcommerceOnTap #Birkenstock #Footwear #Manufacturing #SupplyChain #BrandStrategy #Ecommerce

Why did a strange-looking running shoe with giant foam soles become a billion-dollar brand?This week on Ecommerce on Tap, Aaron Alpeter and Mark Riskowitz break down the story of Hoka—from its origins in the French Alps to becoming one of the fastest-growing footwear brands in the world.We cover:• Why Hoka ignored industry trends• The biomechanics behind running shoes• Manufacturing challenges most consumers never see• Why founders sometimes need to leave incumbents• How Deckers scaled Hoka into a powerhouse

In this kickoff episode of the new Ecommerce on Tap footwear season, Aaron Alpeter sits down with footwear founder Daniella to unpack the hidden complexity behind one of the world’s most misunderstood industries.What looks like a simple branding category on the surface is actually a deeply technical, globally fragmented, operationally unforgiving system underneath.They cover:Why footwear behaves like a systems businessThe hidden mechanics inside every shoeWhy returns are so destructive in footwearHow military history shaped modern footwear manufacturingWhy Vietnam, China, Italy, Portugal, Mexico, and Brazil all play different roles in the supply chainThe role of lasts, midsoles, outsoles, and wear testingWhy scaling a footwear brand is far harder than most founders expectThe inventory forecasting nightmare behind sizing curvesWhy consumers evaluate shoes emotionally while brands survive operationallyIf you’ve ever underestimated how complicated footwear is, this episode will completely change how you think about the category.

Grüns didn’t just build a supplement brand — they redefined how people consume greens.In less than 3 years, they went from launch to a $1.2 billion acquisition by Unilever — one of the most aggressive buyers in health & wellness.In this episode of Ecommerce on Tap, we break down:Why gummies beat powdersThe manufacturing breakthroughs that made Grüns possibleHow they scaled to millions of units per dayAnd why Unilever had to buy themIf you’re building a CPG brand, this is a masterclass in:Product-market fitSupply chain innovationExit strategy

Fragrance is no longer just a luxury — it’s becoming a daily ritual.In this episode of Ecommerce on Tap, Aaron Alpeter sits down with 5 SENS founder Divya Gugnani to break down the massive shift happening in the fragrance industry.They cover:Why fragrance is the fastest-growing beauty categoryThe rise of “fragrance wardrobes” vs signature scentsWhat most founders get wrong about clean beautyHow to build a brand that actually has repeat purchaseThe real playbook behind building a business worth buyingIf you're building in beauty, DTC, or consumer brands — this is a must-watch.

$1B in sales… and Ari by Ariana Grande barely owns it.• Why Ari by Ariana Grande scaled to $1B through licensing instead of ownership• How “Cloud” became a hero SKU by riding luxury fragrance dupe demand• The real unit economics behind a $70 perfume bottle• How Sephora and Ulta distribution turned it into a global brandAaron Alpeter is a supply chain operator who has worked with 200+ brands. He breaks down how Ari by Ariana Grande built their supply chain to support billion-dollar retail scale.

Luxury brands used to take centuries to build. But Byredo did it in less than 20 years.In this episode of Ecommerce on Tap, we break down how Byredo went from a niche fragrance startup in Stockholm to one of the most respected luxury brands in the world — eventually selling a majority stake to Puig.We cover:• How a former basketball player founded Byredo• Why luxury brands succeed through culture, not price• The four engines of modern luxury brands• How distribution shapes brand perception• Why Burberry nearly destroyed its luxury status• Why fragrance is the perfect entry product for luxury brands• What Puig really bought when acquiring ByredoIf you’re building a brand, this episode explains the modern luxury playbook.Register for the liberation day, one year later webinar here: https://addcal.io/e/s96v42dzhrod