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Belles Hot Chicken talks crowdfunding campaign and global growth plans

Inside Retail

Since launching in Melbourne in 2014, Belles Hot Chicken (Belles) has grown to six existing locations, including a new opening in Bondi, Sydney, a few weeks ago, and is now looking to raise between $1 million and $2 million to fund further expansion. In the campaign’s first week, it received over 1,000 expressions of interest (EOIs).

Planning 244
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Emperor Champagne plans physical expansion following strong online growth

Inside Retail

According to Kirkpatrick, while its Champagne Club members are “die-hards”, with some having joined during the business’ infancy in 2014, Emperor Champagne prides itself on bringing wines to Australia from wineries that wouldn’t otherwise launch Down Under.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

In 2014, cybercriminals used a third-party vendor’s credentials to enter Home Depot’s network and deployed malware on the self-checkout systems to steal customer information. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks.

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Alibaba Separates International and Domestic Commerce Operations, Names New CFO

Retail TouchPoints

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. From 2014 to 2017, she was Alibaba’s Chief Customer Officer. The announcements mark the first major management shifts since Alibaba was fined a record-setting $2.75

Wholesale 241
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From Snoop Dogg to DVF: How collabs help drive growth at Skechers

Inside Retail

The collaboration follows a rebuild for DVF following Covid-19 restrictions – where the brand was on the verge of bankruptcy – with the eponymous founder, Diane von Furstenberg, explaining in a recent interview that it had slimmed its operations down from $500 million in retail volume to $130 million, between 2014 and present-day.

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B2B, Marketplaces Become Core to Brooklinen’s Blossoming Omnichannel Strategy

Retail TouchPoints

One aspect of this expanded growth story is Brooklinen’s growing store count: the company has nine to date, with plans to “thoughtfully grow” its fleet by the end of 2024. A new sub-brand and wholesale partnership with Walmart: With Marlow, Brooklinen is officially in the pillow business.

Wholesale 247
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Why international stores are key to Costco’s future growth

Inside Retail

Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.

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