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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Inside Retail

per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. The post Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow appeared first on Inside Retail. per cent rise in the quarter ended March.

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JB Hi-Fi taps new execs to its leadership team

Inside Retail

Wells has been Group CFO since 2014, overseeing the finance division and leading the acquisitions of The Good Guys in 2016 and E&S this year. He returned to JB Hi-Fi as GM in 2016. In his new role, he will support the growth of the brands as part of the group’s further expansion.

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PE Nation’s Pip Edwards to hand over creative director role

Inside Retail

PE Nation creative director Pip Edwards has stepped down from the role, but will maintain her directorship and shareholding in the fashion brand she co-founded in 2016. The announcement comes just months after PE Nation’s other co-founder, Claire Greaves, stepped back from the company’s day-to-day operations back in March.

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Kering names new CEOs for Saint Laurent, Balenciaga

Inside Retail

Charbit joined Kering in 2012 as product strategy director of Saint Laurent and became CEO of Balenciaga in 2016. Charbit will succeed Francesca Bellettini, Kering’s deputy CEO, who will then focus on the brand development of all Kering fashion, leather goods and jewellery houses. billion (US$4.1 million) in the third quarter.

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Ethical fashion label Arnsdorf closes

Inside Retail

Arnott temporarily closed the company in 2012 and relaunched it in 2016. .” Arnott founded Arnsdorf in 2006 and established a following across Australia, North America, and Europe. The post Ethical fashion label Arnsdorf closes appeared first on Inside Retail Australia.

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Retail Food Group settles class action filed by former franchisees

Inside Retail

The proceedings were about changes implemented to the supply chain between 2015 and 2016, and alleged breach of the Franchise Agreement, contraventions of the Australian Consumer Law and the Franchising Code of Conduct, the company said in its previous statement.

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Australian doughnut chain Lukumades launches in Singapore 

Inside Retail

Founded in 2016 in Melbourne, Lukumades is known for its loukoumades, which are bite-sized Greek doughnut balls. Australian doughnut chain Lukumades has launched its first presence in Singapore, with a brick-and-mortar store on Arab Street. The new Lukumades Singapore store is a vegan-friendly and Halal-certified location. and $12.

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