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Two Australian furniture chains set for sale

Inside Retail

Ironbridge Capital bought the chain for $500 million in 2006. The move comes after the company sold its premium pet food company Prime100 to American consumer goods giant Colgate-Palmolive last month. Quadrant later became a co-owner before taking full control of Amart in 2016.

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Inside Urban Revivo’s strategic leap into the European fashion scene

Inside Retail

Founded in 2006, Urban Revivo has grown into an emerging fashion player across Asia, with more than 400 stores in China, Southeast Asia and, most recently, the US. We plan to replicate this successful operation in the UK and European markets, adapting it to local conditions, she said.

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How True Religion aims to be the latest Y2K-era brand to make a comeback

Inside Retail

So, what is driving the renewed consumer interest in True Religion today? The first major turnaround tactic was taking a step back to realise who True Religion’s ideal consumer base is today. Michael Buckley, True Religion’s president from 2006 to 2010 and its CEO as of 2019, has previously stated, “This consumer wants a deal.

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Secrets of selling to the 1 per cent

Inside Retail

The term 1-per-center refers to the wealthiest 1 per cent of consumers. Founded as a boutique in 1987, and launched online in 2006, Mytheresa reported €233 million (US$253 million) in net sales in the quarter ending March 31, an impressive 17.6 The brand plans to increase the number of locations from four to 24 by the end of next year.

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China’s ‘Victoria’s Secret Town’ at risk as US tariff loophole faces closure

Inside Retail

No date has been announced for the launch of other stages of the park, where buildings housing research, design and e-commerce logistics activities are planned. Industrial model Lei started his business as a high school student in 2006, with his relatives helping him out in a shabby workshop about a 10-minute drive away.

ATS
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How Private Equity Failed North America’s Oldest Retailer

Retail Prophet

NRDC acquired Lord & Taylor in 2006, before buying Hudsons Bay, and taking the combined entity public in 2012. By the time Brooks departed in 2013 there appeared from the outside to be no coherent plan beyond endless discounting and further leveraging of real estate assets. HBC acquired Saks Fifth Avenue in 2013.

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U.S. Energy Imports Reach Lowest Level in Decades as Production Soars

Small Biz Trends

This figure marks a considerable decline from the record levels seen in 2006 and is the lowest share since 1985. Businesses could see long-term benefits by aligning with a growing trend toward greener practices, which can enhance brand reputation and attract environmentally conscious consumers. “U.S.