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Naked Brands divests lingerie brand Bendon for $1

Inside Retail

“With available cash of $270 million, a clean balance sheet with no debt and a re-invigorated management team and board of directors, I could not be more excited to execute on our business strategy to ultimately drive revenue growth with positive free cash flow,” said Davis-Rice.

Flow 230
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Why Premier Retail is well-positioned for further acquisition opportunities

Inside Retail

Results in the past two years were bolstered by Covid management strategies, including landlord rent concessions and government JobKeeper payments. Good management no doubt but also quite likely a strategic move to position Premier Retail for further acquisition opportunities. per cent to $1.5 billion and net earnings up 4.9

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Too big to be small: Why retailers like Brosa struggle post-Covid

Inside Retail

Brosa attracted $5 million in Series B funding in 2017. It expanded from e-commerce – opening stores in Melbourne and Sydney in 2017 an d 2020 – invested in its technology capabilities, and strengthened its supply chain over the last few years. Walker said there’s also a risk of being too small to be big, and too big to be small.

Planning 245
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What to know about Woolworths’ appointment of its first female CEO in 100 years

Inside Retail

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. She took on her most recent role, as the managing director of WooliesX, in 2017.

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How Castlery came back from the brink to disrupt the furniture industry

Inside Retail

We grew relatively quickly in Singapore, and we entered Australia in 2017, but at that time, we were still very naive. One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management. Every year we just picked a different problem to solve.

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Welcome to the new customer experience

Inside Retail

To close this gap, 44 per cent of retail and consumer goods marketers say they are now leading customer experience initiatives across their organisations (versus just 24 per cent in 2017), and metrics are being shared. Revolutionising loyalty programs. Today, retailers have more data at their disposal than ever before.

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How Aussie footwear brand Alias Mae stays on trend in a fast-moving market

Inside Retail

Here, Alias Mae’s general manager Kendra Anastasiadis speaks to the evolution of the business, which she joined in 2017 as the customer service and wholesale manager, how it diversified into direct-to-consumer (DTC) e-commerce, and what is next for the business. Our major wholesale accounts are managed in-house.

Marketing 178