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Australian label Princess Polly opens its first physical store in the US

Inside Retail

Established in 2005 by husband-and-wife team Wez and Eirin Bryett, the Gold Coast brand sells on-trend women’s clothing for predominantly Gen Z consumers. Australian fast-fashion brand Princess Polly has expanded in the US opening a flagship store in Los Angeles.

Expansion 278
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Harrolds set to open concept store in Melbourne’s Chadstone

Inside Retail

The expansion is the brand’s first new space in eight years and the second Harrolds location in Victoria after it relocated to 101 Collins Street in 2005. Fashion retailer Harrolds will launch a concept store in Melbourne’s fashion district, Chadstone, on October 11.

Concept 264
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Zambrero founder sues former CEO

Inside Retail

A former medical student turned entrepreneur, Prince founded Zambrero in 2005 and brought Cook on board four years later. Dr Sam Prince, the founder of restaurant chain Zambrero, is suing former CEO Stuart Cook for misleading or deceptive conduct. Cook left the Mexican fast-food chain in 2015 and sold his shares in the business.

Expansion 263
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Zambrero founder sues former CEO

Inside Retail

A former medical student turned entrepreneur, Prince founded Zambrero in 2005 and brought Cook on board four years later. Dr Sam Prince, the founder of restaurant chain Zambrero, is suing former CEO Stuart Cook for misleading or deceptive conduct. Cook left the Mexican fast-food chain in 2015 and sold his shares in the business.

Expansion 259
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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. Myer’s total sales grew 12.2 per cent to $3.36 billion in FY23.

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Brand Collective CEO Eric Morris steps down, successor named

Inside Retail

Of his decision, Morris said: “It has truly been an amazing journey, from the formation of The PAS Group in 2005 following the acquisition of the Yarra Trail business by Private Equity, to my involvement in each subsequent acquisition of the PAS brands and to the delivery of the business as it stands today.”

Apparel 245
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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

The mistakes of history The first Uniqlo store in the US was opened at Menlo Park Mall in Edison, New Jersey, in September 2005. It opened two more mall stores in 2005 and ended up closing the lot in short order. Strategically, it had been a bad decision to launch in the US in malls before the brand had any recognition there.

Expansion 273