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Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

The company said the funding will help accelerate its global expansion strategy, targeting more than $300 million in revenue and nearly 1000 stores worldwide by the end of this year. Founded in 2016, Oakberry currently has approximately 700 stores across more than 40 countries.

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Luxe-for-less leader MCoBeauty talks international expansion

Inside Retail

Founded in 2016, luxe-for-less beauty brand MCoBeauty has seen massive growth over the past several years, and is expecting revenue growth of up to 90 per cent in 2023. With international expansion on the horizon, we sat down with founder and CEO Shelley Sullivan to talk through the brand’s journey, as well as what makes it tick.

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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. In his new role, he will support the growth of the brands as part of the group’s further expansion. He returned to JB Hi-Fi as GM in 2016.

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Liquor Loot collapses into administration amid cash flow problems 

Inside Retail

Founded in 2016 by Joel Hauer, Liquor Loot offers subscription boxes and tasking packs that allow customers to try new spirits without having to purchase a full-sized bottle. The administrators have not laid off staff, and shoppers are still able to access Liquor Loot tasting packs, subscription services, and full bottles via its website.

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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. The post What does Apple’s Indian expansion plan mean for the mobile landscape? Both the stores are situated in upscale neighbourhoods.

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Recipe for success: Impossible Foods eyes expansion in Asia

Inside Retail

Since it debuted its first product, the Impossible Burger back in 2016, Impossible Foods has been on a mission to restore biodiversity and reduce the impact of climate change by transforming the global food system. The post Recipe for success: Impossible Foods eyes expansion in Asia appeared first on Inside Retail.

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US entrepreneur snaps up Pizza Hut Australia

Inside Retail

The investment marks Flynn’s first international expansion beyond its US network of franchisee operations. Brands in 2016, Allegro has grown Pizza Hut Australia’s franchised store network to nearly 260. Over time, Flynn looks forward to expanding its global reach further with new concepts and markets.”

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