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Mad Mex names Therese Frangie as CEO after founder moves into strategy role

Inside Retail

Meanwhile, Clovis Young who started Mad Mex in 2007 said it was the “right time” for Frangie to “officially step into the CEO role”. “As Further reading: Mad Mex returns to Australian ownership, ends Asia expansion plans The post Mad Mex names Therese Frangie as CEO after founder moves into strategy role appeared first on Inside Retail.

Strategy 246
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Australian athleisure brand LSKD has appointed its first chief retail officer, the former director of retail for Lululemon ANZ Alex Shaughnessy, as part of its strategy to become a world-class retailer. It was founded in 2007 by Jason Daniel and now has eight retail stores in Australia, one in San Diego, US , with two new stores coming soon.

Planning 264
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Platypus opens 200th store, promises 30 more by June

Inside Retail

Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Platypus, which was acquired by Accent Group in 2007, currently has 167 stores in Australia and 34 in New Zealand. Then other flagship stores will be refitted to sit within this model, such as Pacific Fair.”

Balance 264
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Mad Mex exits Asia. Here’s the new growth strategy for Australia

Inside Retail

The move marks the end of the company’s ambitious expansion plan in Asia, shifting focus to the Australian market for the foreseeable future. I started this business in 2007 and we’ve worked tirelessly over the last 15 years to build it so it’s great to be back to 100 per cent ownership. I’m very excited.

Strategy 130
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“Building a brand from the ground up”: Inside LSKD’s San Diego expansion

Inside Retail

Here, we speak to founder and CEO Jason Daniel about the brand’s international strategy, e-commerce’s growing interest in physical retail, and doing more with less. We didn’t plan on opening an office, but our first US team member has been here for almost two years. JD: We don’t have any concrete plans yet, but we will.

Expansion 243
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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007. This year, the group has closed three stores in New Zealand and in the highly competitive UK market, two closures are planned. The company achieved an 82.6, well above the median score of 50.9. “B

Planning 130
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Chop and change Acquired in 2007 along with Coles and Kmart, Target started off in a strong position in Wesfarmers’ stable. Wesfarmers ultimately didn’t move forward with that plan, and instead decided to double down and invest in Kmart and Target independently. The impacts of Covid-19 are just the icing on the cake.”