Inside Retail

MARCH 21, 2024

Jooste, aged 63, was charged for making false and misleading Steinhoff’s financial statements between 2014 and 2017, according to the Australian Financial Review (AFR). In Australia and New Zealand it owned the Fantastic Furniture and Freedom retail chains. Previously, he was also fined $1.6 million for insider trading.

Retail Chains 272

Retail Chains 272

Inside Retail

JUNE 12, 2022

Indian conglomerate Reliance Industries has reportedly partnered with US private equity fund Apollo Global Management to buy a majority stake in UK-headquartered health & beauty retail chain Boots. Initially, private equity companies Bain Capital and CVC Capital ran the numbers before pulling out.

Beauty and Health 130

Beauty and Health Balance Retail Chains Marketing 130

Inside Retail

AUGUST 27, 2021

Richard Murray has been the CEO of Australian electronics giant JB Hi-Fi since 2014, but this week, he has left the electronics company to become CEO at retail business Premier Investments, parent company of Just Group, Smiggle and Peter Alexander. . They’re] the basics of any good retail chain and they stand the test of time.

Perspective 246

Perspective Shopping Retail Chains Other 246

Inside Retail

JUNE 27, 2022

In 1999, the company bought the famous Ray-Ban brand and went on to acquire California’s Oakley as well as retail chains in North America and Australia. But disagreements with Guerra led to his sudden exit in the summer of 2014, and Del Vecchio returned to be the driving force at Luxottica’s Milan headquarters.

Accessories 130

Accessories Accessories Fashion Retail Chains 130

Inside Retail

MARCH 11, 2025

The only problem was the nine retail brands trading from around 1350 stores were a house of cards with a flawed investment play without retail smarts. Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4 million loss in 2014.

Expansion 147

Expansion Fashion Specialty Retailers Strategy 147