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The arrival of the first Australian location in 40 years will kickstart national expansion. Rolling out a burger chain across the country has proved challenging for other US brands which have dipped their toes in the Australian market in recent years. Five Guys hit the Australian market in 2021.
Yum China Holdings, the operator of KFC and Pizza Hut in China, defied economic headwinds, delivering record-breaking revenue and significant expansion last year. Yum China, which spun off from Yum Brands in 2016, operates six restaurant chains in about 2200 towns and cities in China, employing around 400,000 people.
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.
Brazilian-founded Acai brand Oakberry is planning to expand its store network across many markets, including Australia, after raising $100 million (US$67 million) in Series C funding. The brand is now exploring co-investment opportunities in Australia and Portugal as additional priority markets for funding allocations.
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.
The stores opening represents more than a milestone in Staxs physical retail expansion; it is the culmination of years of strategic planning, innovation and adaptability. The new retail vision marks a bold step in Staxs journey of redefining what a retail space can be in the competitive athleisure market.
From eye-catching brand partnerships to strategic category expansion, Farm Rio is slowly but surely taking the world by storm, one tropically patterned print at a time. The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Tropical fruits and flowers. Jungle prints.
The investment marks Flynn’s first international expansion beyond its US network of franchisee operations. Over time, Flynn looks forward to expanding its global reach further with new concepts and markets.” Brands in 2016, Allegro has grown Pizza Hut Australia’s franchised store network to nearly 260.
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. We already have a support office in Victoria, a construction manager, marketing manager and head of franchise. Since introducing Carl’s Jr.
Angus McKay, 7-Eleven CEO since 2016, is moving into the automotive world as executive chair and CEO at Bapcor. Hayes’ remit was to grow the business through store operations and new channels to market. Throughout his career he has brought a strategic approach to expansion and operational efficiency.
South Korea’s beauty conglomerate Amorepacific announced at its recent Investor Day that it is shifting focus from China to the US and European markets while seeking new brand acquisitions. China, which generated half of the company’s Asian revenue in 2023, has diminished as a key market. billion won (US$85.3
What started out as a digital native brand, 10 years ago this November, now operates 17 showrooms globally, in key markets Australia, America and the United Kingdom. “I The US is Grace Loves Lace’s biggest market, currently accounting for 70 per cent of sales. In 2016, the brand’s Hollie 2.0 It’s a no-brainer for us.
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 Singapore market. So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. “So The future is bright.
Apple, known for its long game worldwide in terms of products, services, and marketing, finally arrived in India earlier this year. In April, the tech giant launched its first two stores, both of which achieved record-breaking sales during an off-season period when online retail dominates the market.
RS: Saturdays has been leading the direct-to-consumer (DTC) revolution in Indonesia since introducing its eyewear in 2016. IR: How would you describe the current eyewear market and the competitive landscape? The DTC eyewear market is still nascent and highly fragmented in Indonesia.
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 .
After forging a successful corporate career as a strategy and marketing executive for Japanese tech company Brother International, Lewisham was inspired to reflect on the potentially harmful ingredients in the skincare she was using after a series of personal events. IR : How does Emma Lewisham fill a white space in the beauty market?
Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. One example of this is the recent expansion of Vero Moda.
Based in Hong Kong and launched in 2016, Retykle, is a luxury resale childrenswear online marketplace with more than 10,000 sellers and buyers. In March this year, Retykle closed a new round of seed funding to support the company’s expansion plans. In our case], it was like converting one consumer at a time.”. The conscious consumers.
Brands that take a strategic customer-centric approach can benefit from what funds customers do have and with ‘Euro summer’ heating up – Bydee is investing in meeting market demand with a localised approach. This was achieved by tapping into the travel-inspired swimwear niche and pivoting the expansion to markets that resonated.
We were still a very young company, having been in the Australian market for only two years. Luckily the event exceeded our expectations, with over 100 guests, including editors and writers from Cosmopolitan , Glamour and Vogue magazines, along with Superdrug’s head of beauty and head of marketing. Will people show up?
Robinson joined the company in 2016 as an advisory board member, focusing on range development, market growth, channel expansion, technical enhancements and operational and financial improvements. He also held chief marketing officer and group executive digital at David Jones.
It’s a huge opportunity and a long time coming for Kmart Group managing director Ian Bailey, who was chief operating officer (COO) of Kmart during the turnaround in 2008 and took over from then-CEO Guy Russo in 2016. IR : How have you been going to market in terms of the marketing side? This was about 18 months ago.
Founded in New Delhi in 2016, it’s a company that believes in culture as much as commerce and telling stories through its products. With the upcoming collaborations, Rai hopes to tap into greater market access and distribution networks to grow the brand. Nicobar is a modern lifestyle brand and design studio in India.
Founded in 1985, Taking Shape is the market leader in the plus-size fashion space in Australia and New Zealand, with around 150 bricks-and-mortar stores across the two markets, including about 60 concessions in Myer department stores. The US market could be next on the list. Targeting global growth.
According to Niessing’s CEO, Sandro Erl, Hong Kong has always been an important market for the brand due to the strong appreciation for fine jewellery and craftsmanship. Back in 2016, we redefined our company strategy for business expansion, and the APAC region became very important for us.
Kicking things off with a Kickstarter campaign Like many indie brands on the market today, a large source of funding was found via Kickstarter, a public funding platform for creative and entrepreneurial projects. Lisbona partially credits the company’s popularity on the video-focused social media platform to its success in the market today.
Iconic British retailer Marks & Spencer (M&S) recently opened the doors to its 16th store in Malaysia, cementing its already significant presence in the Southeast Asian market. In 2016, just after opening its 10th store in mainland China, M&S made a complete exit from the country.
Founded in Detroit in 2016, StockX has grown from a niche online resale site for rare sneakers into a global online marketplace for fashion, electronics, art and other collectibles with a staggering US$3.8 The campaign comes after a period of rapid international expansion. billion valuation. . Focus on global growth.
The pharmacy sector is undergoing substantial expansion, creating considerable prospects for both business owners and medical experts. According to Statista, the global pharmacy market is projected to reach an impressive USD 1.52 billion in revenue in 2025, highlighting its substantial contribution to the global market.
One of the biggest turning points was when we decided to embark on selling online with e-commerce platform, Shopee, in 2016. Erigo and Shopee shared a common vision of wanting to inspire MSME [micro, small and medium enterprises] players in Indonesia to enter the global market. IR: It seems you mainly sell through Shopee.
Farris joined Rip Curl in 2010, moving her way up from running Rip Curl surf events around the world and executing the brand’s marketing strategy to overseeing and growing its women’s business globally. KFC Asia’s chief marketing officer to move to Westpac. Ashley will remain on the company’s board as an executive director.
Robinson joined the company in 2016 as an advisory board member, focusing on range development, market growth, channel expansion, technical enhancements and operational and financial improvements. He also held the position of chief marketing officer and group executive digital at David Jones.
Here, we speak with CEO Craig King about the business’ revitalisation under General Pants, its in-store experience, plans for expansion in Australia, the UK and US, and the magic behind the number 23. We also opened stand-alone stores in Los Angeles and New York in 2016 and 2017. Can you share what that looks like today?
Founded online in 2009, Missguided seemed to start off well in the digital space, but a foray into brick-and-mortar retailing from 2016 appears to have ultimately sealed its fate.
Founded online in 2009, Missguided seemed to start off well in the digital space, but a foray into brick-and-mortar retailing from 2016 appears to have ultimately sealed its fate.
In 2016, JD.com formed a strategic alliance with Walmart, taking control of the latter’s online grocery business, Yihaodian, and giving Walmart a 5 per cent stake in JD. JD’s first overseas expansion attempt JD.ID [the company’s offering in Indonesia] didn’t end so well due to intensive competition in the local market.
The Quad Lock Box will also be used to build relationships with relevant ambassadors, including a Q&A with F1 driver Oscar Piastri – interviewed by 2016 Australian rally champion and Quad Lock ambassador Molly Tylor – and well as members of the Red Bull Ampol racing team.
Chinas Fashion Momentum Group (FMG) has opened its largest Urban Revivo store and the first Benlai store in Southeast Asia in the heart of the newly opened shopping precinct One Bangkok , signaling its bigger goal to increase its market share outside its home market. Our goal is to achieve full coverage of the Asia-Pacific market.
Our 2024 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. The swimwear brand burst onto the scene in 2016 with a niche product that Vogue would later call the “world’s sexiest rashie”.
Inside Retail was the first to report earlier this month that Wesfarmers has cut 100 jobs at Catch , with the redundancies impacting key departments including marketing, product and technology, and finance. One former Catch employee, who wished to remain anonymous, said it was a repeat of Wesfarmers’ failed takeover of Homebase in 2016.
Located on the corner of 15th Street and Ninth Avenue, the store's glazed facade looks onto the entrance of the popular Chelsea Market situated opposite. The large windows of the first Google Store look out onto Ninth Avenue in Chelsea. Ross spoke to Dezeen in 2019 about how companies like Google "have an obligation" to be more sustainable.
The brand’s first model, the Lucid Air , has been nominated by the World Car of The Year organisers in the categories of EV (Electric Vehicle), Luxury and Design Car of the Year, showcasing the new standard for motoring and demonstrating Lucid’s world-renowned technology as the longest-range, fastest-charging electric car on the market.
United by their shared passion for fashion, Delphine Lefay and Diego Dultzin Lacoste launched members-only flash sales site OnTheList in 2016 with the aim of offering the best shopping experience for everyone in Hong Kong. In newer markets like Australia, South Korea and Malaysia, the company is mainly focused on online sales.
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