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Retailchain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. The brands spokesperson told Inside Retail after seeing the positive performance in Indonesia, the company started expanding into Malaysia and Cambodia where it sees strong consumption potential.
Kimberley co-founded the brand in 1970 and helped build it into a national retailchain before selling it to a private equity firm in 2001. Instead, the ACRD team did what anyone would do, they turned to the internet and revisited the Craig Kimberley era of Just Jeans.
Footwear and fashion group Accent Group have today launched the first store in its new brand, 4Workers, which focuses on providing uniforms and work gear for healthcare, hospitality, construction and corporate workers.
Australian burger chain Grill’d recently opened its first drive-thru restaurant in Brisbane as part of a broader expansion strategy to service new markets and embrace new channels. Meanwhile, in Australia, retailchains including 7/11, Ferguson Plarre Bakehouse , and BWS have recently explored the drive-thru concept.
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. “The
The potential merger of Lew’s retail interests after the decision to spin off the growth brands, Smiggle and Peter Alexander, into new listed entities cleans up his investments. The problem with spinning off those two well performed retailchains was that it left Lew and Premier Retail’s less dynamic apparel brands stranded.
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 retailchains across sports, food and beauty. It recently opened its first corporate office in Singapore, marking a significant milestone in the company’s expansion strategy.
Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retailchains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Huddle said the company has the “right strategy in place” to deliver long-term growth.
With shoppers using apps to buy groceries and videos to buy clothes, it’s more essential than ever that businesses make technological adaptation a core pillar of their strategies. According to a recent white paper on the state of AI in Hong Kong, many retailers are still at the early stages of their digital journeys.
SM Investments, the holding company for separate business units involved in retail, property and banking, has given investors an encouraging update on its business performance and strategy, along with its annual report released on April 8. per cent, led by fashion apparel and accessories, and health and beauty.
Beck reviewed the available academic literature for his 2016 article, “Amplifying Risk in Retail Stores: The evidence to date on making shop thieves think twice” and found that most studies are either low quality or outdated. What deters shoplifters? None of the participants were detected by store employees.
With over a dozen boutiques across Sydney and Melbourne, Gregory Jewellers has firmly established itself as a leading fine jewellery retailer. Here, we speak with the co-CEOs about the rise of online shopping during Covid-19 and where they’re looking to take the retailchain next.
Pet Lovers Centre (Singapore) Pet Lovers Centre is collectively the only pet care retailchain in Southeast Asia, with more than 170 stores and an online shopping portal. The KPMG 2024 CEO Outlook Report found that while ESG strategies remain core to business strategies, CEOs acknowledged that there is work to be done.
FASHION AND DEALS. After a difficult start when it almost went bust, the company started making its own glasses a decade later and expanded rapidly in the 1980s when Del Vecchio spotted the value of making spectacles as a fashion accessory rather than a necessity. Acquisitions were also part of the Del Vecchio strategy.
For an all too brief period, the Alceon investment house achieved its ambition to be the largest womens fashion specialty retailer in Australia. The only problem was the nine retail brands trading from around 1350 stores were a house of cards with a flawed investment play without retail smarts.
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