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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.

Expansion 162
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R.M. Williams names new chief marketing officer

Inside Retail

Willingham, former managing director of advertising and brand consulting company DDB New Zealand, will aim to drive the next phase of growth for the 89-year-old South Australia-based company. Former advertising firm executive Chris Willingham has joined the senior leadership team at footwear and apparel brand R.M.

Marketing 246
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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. That’s really our brand strategy. SS: It depends on the strategy, really. Now, we’re the number-one-selling brand in Woolworths and Big W.

Expansion 245
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Kering’s executive reshuffle: New CEOs for Saint Laurent and Balenciaga

Inside Retail

Charbit joined Kering in 2012 as product strategy director of Saint Laurent before taking the president and CEO role of Balenciaga in 2016, where he expanded the brand’s presence and relaunched its Haute Couture. He can manage a strong creative force, having worked with John Galliano to drive record revenues at Margiela.

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Bond-eye CEO: “Copy-cats are unable to do this which sets us apart”

Inside Retail

After the initial shock, most of my management team and all staff members rallied and dug in. We had no idea what would happen, management took large salary cuts and everybody was on Jobkeeper which was a blessing,” Philpott said. “We It was even featured in the 2016 Sports Illustrated Swim Edition.

Marketing 147
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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

But while Target initially seemed to be in a strong position, there was a lack of stability and understanding of what made the business tick within its management ranks. In 2002, however, the business’ managing director Larry Davis, himself originally from North America, refocused Target on bringing US-based brands into Australia.