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Australian retailer Ally Fashion collapses, will shutter 51 stores immediately

Inside Retail

Founded in 2001, the company expanded its national footprint to 160 stores. Retailer Ally Fashion has been ordered into liquidation after an application by a landlord for outstanding rent. Now, 51 stores will close immediately, resulting in the loss of 250 jobs.

Fashion 226
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Runway launches Vhernier, bringing Milanese elegance to Vietnam 

Inside Retail

Founded in Valenza, Italy, in 1984 and headquartered in Milan, Vhernier was acquired by the Traglio family in 2001. Last year, Richemont acquired full ownership of Vhernier through a private transaction. The brand is known for its distinctive modern jewellery designs, which draw inspiration from human body curves and modern sculpture.

Jewelry 130
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The CEO of Dissh on how a strong brand identity enabled international expansion

Inside Retail

While Disshs before-and-after story felt overnight to most of the industry, Disshs growth journey has been slow and considered it was founded in 2001 and didn’t kick-off its rebrand to a vertical brand that designs everything in-house until 2019.

Boutique 182
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Asda chair admits supermarket’s problems are ‘self-inflicted’

Retail Gazette

Leighton, who stepped down as chief executive in 2001, told The Times that the retailers previous stewardship under the Issa brothers had ripped the heart out of the colleagues when the business cut back on staffing hours to cut costs.

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Can Asda veteran Allan Leighton return the supermarket to its former glory?

Retail Gazette

Leighton helmed Asda from 1996 to 2001 and is credited with turning around the struggling chain, alongside current M&S chair Archie Norman – pulling the grocer from the brink of insolvency to orchestrating its bumper £6.7bn sale to Walmart in 1999.

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Walmart Expands Vision Care Offerings With Innovative New Products: All the Details

Retail Wire

The company further invested in anti-reflective and scratch technology in 2001, during a time when other large-scale retailers did not offer these premium coatings. In 2000, the company began using premium lenses by optical manufacturer Carl Zeiss, offering all customers anti-reflective and anti-scratch coatings on their glasses.

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How Just Jeans is rebranding for the modern age with a single store

Inside Retail

Kimberley co-founded the brand in 1970 and helped build it into a national retail chain 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.

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