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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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Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

The round was raised through funds managed by the Brazilian investment bank BTG Pactual – the largest investment bank in Latin America. 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.

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VIDEO: How streetwear unicorn StockX keeps one step ahead of customers

Inside Retail

The Detroit-based platform first launched in 2016 as an online marketplace and now sells into more than 200 countries and territories. Earlier this year, it entered the Australian market and in May, it opened an authentication hub in Melbourne.

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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. The acquisition is expected to be completed by the end of this month. Since acquiring the master franchise from Yum!

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Carl’s Jr. new master franchise plans 27 new stores this year

Inside Retail

The burger brand’s parent company CKE Restaurants Holdings has signed an agreement with CJ’s QSR (Franchise) Group, which will now oversee expansion of the US brand across the country. Andrew Firn, managing director of CJ’s QSR, told Inside Franchise Business Executive , “Existing franchisees will have an agreement with us.

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7-Eleven reveals new CEO, Angus McKay exits for $1.9m Bapcor role

Inside Retail

Angus McKay, 7-Eleven CEO since 2016, is moving into the automotive world as executive chair and CEO at Bapcor. 7-Eleven’s new CEO Hayes joined the convenience chain in 2022 as general manager channel. Throughout his career he has brought a strategic approach to expansion and operational efficiency.

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Burgers and podcast booths: Morris Moor brings city vibes to the suburbs

Inside Retail

“Moorabbin has long been a mecca of industry, bursting with businesses of all sizes and industries in a large industrial precinct, as well as a residential market undergoing substantial growth and transition,” Adam Davidson, Up Property’s managing director, told Inside Retail. . Focus on local expansion .

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