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Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

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.

Expansion 162
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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.

Expansion 245
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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

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.

Expansion 130
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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. 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.

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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 Singapore market. So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. “So The future is bright.

Expansion 130
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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. 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.

Expansion 237
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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.

Expansion 242