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A marriage of convenience? Myer’s acquisition of Premier’s apparel brands

Inside Retail

A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B. A straightforward initial public offering is a live option for Chemist Warehouse following extensive planning over six years.

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Premier Retail to close four Sydney stores despite good performance

Inside Retail

Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Peter Alexander, Smiggle and Portmans will close by March and Just Jeans by no later than July.

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The strengths and weaknesses of Nordstrom’s bid to go private

Inside Retail

In addition to footwear, the solo operation slowly but surely expanded into other retail categories including beauty, apparel and accessories as it grew into an internationally recognised retail chain. In 1901, forward-thinking entrepreneur John W Nordstrom opened a luxury shoe store in Seattle, Washington.

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Danish brand Søstrene Grene to open 100 UK stores in expansion plan

Retail Times

After an incredible response to the homewares brand in the UK, Danish retail chain, Søstrene Grene, has ambitious growth plans in place to open over 100 UK stores before the year 2030. Søstrene Grene opened its first UK store in 2016 and was met with huge demand for its Scandinavian inspired, affordable home accessories.

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Mosaic Brands shows promising revenue growth from online sales

Inside Retail

The ASX-listed parent of retail chains including Noni-B, Katies, Rivers and Rockmans, says online sales hit $119 million, up 21 per cent year on year and accounting for about 40 per cent of total group sales of $298 million. The post Mosaic Brands shows promising revenue growth from online sales appeared first on Inside Retail.

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How Dubai sportswear giant GMG aims to crack the Southeast Asia market

Inside Retail

GMG is a Dubai-based company with distribution rights for more than 120 global brands in the Middle East and Southeast Asia, and a portfolio of multi-brand retail chains across sports, food and beauty. GMG plans to open 11 SSS stores – and 100 new stores overall – in Southeast Asia by 2025.

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From cradle to grave: Why Pet Lovers Centre is launching cremation services

Inside Retail

Pet Lovers Centre, the largest pet care retail chain in Singapore and Southeast Asia, aims to ease its customers’ pain through a new joint venture with pet crematorium and columbarium, Mandai Pets Sanctuary.

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