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Retail appointments of the week: Puma, Nike, Tory Burch

Inside Retail

Pustina will succeed Daniel Gutstein, who is stepping down from his position at the end of December. Pustina is currently Puma’s head of sales for Central Europe and has extensive experience in sports retail after holding significant roles at Hype Sports Innovation, Under Armour, and Adidas Group. “In

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Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why

Inside Retail

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 per cent, well behind the rate of inflation.

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Myer CEO talks customer behaviour, rising theft and what’s next

Inside Retail

Omnichannel shoppers frequently spend more with a brand than single-channel shoppers, and this is also true at Myer, King said. billion, with $71 million in net profit, up 18 per cent year on year. The ability to have both is complementary.” Myer lifted its sales 12.5 per cent year on year in FY23, to $3.3