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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Electric shock to profits The popularity of electric bikes and scooters has been a key driver of revenue for the business recently, with electric bikes accounting for 99 Bike’s biggest growth category. “We A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008.

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

They got a lot of attention really quickly, and they got some good accounts. In 2008, they actually went into administration. All the while, General Pants was Ksubi’s biggest account, so when the second iteration of the brand ultimately went into administration in 2014, General Pants took over running the brand.

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Beyond Starbucks: Three specialty coffee retailers taking Australia by storm

Inside Retail

Thoughtful store locations and sustainable design Market Lane’s store locations also reflect its connection to local communities, while helping facilitate organic growth. It recently opened two new locations in Melbourne, and is now in a “consolidation phase.”

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8 retailers slashing jobs and cutting costs in 2024

Retail Gazette

Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

Farfetch is a luxury goods online marketplace that launched more than a decade ago in 2008. Why should a brand sell wholesale when it can sell directly to its customers? This has resulted in many luxury brands lessening their reliance on wholesale accounts like Nordstrom. Last year Farfetch brought in $4.1

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Best eCommerce Platform for B2B in 2022

365 Retail

Therefore, it needs to be flexible enough to accommodate future organisational changes and the addition of multiple brands, locations, languages and currencies. With customer hierarchy management, customers can create accounts reflecting their internal structures. As your business grows, your B2B eCommerce platform must evolve too.