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Yum China’s winning formula: Lower-tier cities as key markets

Inside Retail

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. Strategy paid off Yum Chinas strong performance comes against the backdrop of Chinas challenging economic environment. Ding noted that China is still a very big market.

Marketing 130
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R.M. Williams names new chief marketing officer

Inside Retail

Williams as its new chief marketing officer. Williams last year, welcomed Willingham’s appointment, and said his role will be critical in accelerating the brand’s new growth strategies across digital and international markets. Williams names new chief marketing officer appeared first on Inside Retail. The post R.M.

Marketing 246
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Australia’s top retailers recognised for customer experience

Inside Retail

“Priceline’s relentless innovation and continued efforts to refine its digital and physical retail offering have positioned it at the forefront of the Australian market not just as a pharmacy but a leading omnichannel shopping destination for consumers,” said the judges.

Fashion 165
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MCoBeauty CEO Shelley Sullivan on bringing ‘masstige’ makeup to the US market

Inside Retail

Australian luxe-for-less beauty brand MCoBeauty launched into the US market this week and is now stocked in over 1,800 Kroger Co stores. Inside Retail: How did MCoBeauty approach entering into the US market? Shelley Sullivan: We are following the same strategy in the US. SS: Six per cent. SS: Absolutely.

Marketing 246
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Estee Lauder’s international president Peter Jueptner to depart after 16 years

Inside Retail

He joined Estee Lauder in 2009 as senior VP, Strategy, New Business Development and Transformation Initiatives and was promoted to president, EMEA in 2016. Estee Lauder reported a 4 per cent sales decline for the first quarter of FY25, attributed to low consumer sentiment in the Chinese market.

Promotion 130
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Meet the power couple behind Stax and Secondleft

Inside Retail

From humble beginnings as a fitness-focused apparel brand to a global business with a rapidly growing retail network, Staxs journey showcases the power of community engagement, strategic product evolution, and adaptability in a dynamic market. When Matilda first met Don in 2016, I had absolutely no interest in Stax, she told Inside Retail.

Fashion 147
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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. Localised design Lekker adapted the build of its product offering to suit the Australian market and consumer preferences which contrast with the European markets.

Contrast 251