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SurfStitch managing director stepping down this week

Inside Retail

Justin Hillberg, managing director of shared services of SurfStitch-owner Alquemie Group, is stepping down from his role leading the surf brand’s restructure at the end of this week. The Alquemie Group remains in a very strong position with exciting plans for the future and a strong executive team that is focused on delivering growth.”. “The

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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

As part of the arrangement, Glow obtained 51 per cent ownership of Cargo Crew, with the brand retaining full management control. Domestic and global plans Rodgers explained that different companies had approached Cargo Crew over the years to discuss what a joint venture or partnership would look like.

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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

Since opening its first bricks-and-mortar store, a bookstore, in 2015, Amazon now runs more than 20 bookstores and more than two dozen 4-star stores in the US. Craig Flanders, managing director of full-service creative agency Spinach, compared the move to search engine giant Google running TV ads.

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Chatime Australia boss appointed global CEO

Inside Retail

Global plans for Chatime “I’m appreciative the team has set a good foundation with a runway ahead. Experienced CEO Antonius has led the Australian Chatime business since 2015, repositioning the brand to a market-leading position with 200 stores. I see four key opportunities for the global business,” Antonius said.

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Is Under Armour’s expensive comeback plan a doomed path?

Inside Retail

in 2015, when revenue hit US$3.9 This year, however, as of September 11, shares of Under Armour have fallen 23 per cent over the past year and are down 87 per cent from their high in 2015, erasing US$18 billion of the company’s market value. The post Is Under Armour’s expensive comeback plan a doomed path?

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Retail appointments for the week

Inside Retail

Former Topman managing director joins BooHoo. BooHoo Group has appointed Mitch Hughes as the new managing director of its newly acquired Arcadia Group brands Dorothy Perkins, Wallis, and Burton. Hughes, Topman’s former MD, joined Arcadia in 2015 as the buying director of Burton. He joined BooHoo last month.

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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.