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UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up

Retail TouchPoints

Sharing its FY2023 plans in an April 2022 statement, Fast Retailing, which also owns fashion brand Theory , noted that it was inspired by the strength of the North American market. Launched in 2006, the company currently operates 450 locations. “It in a statement.

Marketing 315
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Boohoo launches in five Asian markets

Inside Retail

The expansion plan sees the launching of Boohoo’s sites in Japan, South Korea, Singapore, Hong Kong and Taiwan. Founded in Manchester in 2006, Boohoo is a multi-brand fashion, home and beauty platform targeting Gen Z and millennial customers. The post Boohoo launches in five Asian markets appeared first on Inside Retail.

Marketing 130
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Adidas Divests Reebok, Plans to Focus on Flagship Brand

Retail TouchPoints

This will enable the company to focus on strengthening the adidas brand in the global sporting goods market. Adidas initially acquired Reebok in 2006 and implemented the “Muscle Up” turnaround plan in 2016. As a result, it will report Reebok as “discontinued operations” from Q1 2021 onwards.

Planning 182
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Gap to Close all 81 UK Stores, Seek Franchise Partners for Other European Markets

Retail TouchPoints

Gap has had a presence in the UK since 1987 and in Ireland since 2006. “In As part of our 2023 Power Plan , Gap began a strategic review of the company-operated business in Europe last year with the goal of finding new, more cost-effective ways to maintain a presence and serve customers in Europe.

Marketing 278
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Inside Guzman y Gomez’s plan to reach $500 million in revenue

Inside Retail

Mexican fast food chain Guzman y Gomez (GYG) is planning to open an additional 30 drive-thrus in Australia over the next 12 months, which will bring the company’s total store count to over 180 locations across Australia, Singapore, Japan and the US. GYG plans to have another three to four stores up and running in the US by the end of 2021.

Planning 237
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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. Commenting on the sale of 5.5

Boutique 246
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Facebook Meta changing the way small businesses market themselves

Inside Retail

Even though half a million users have left the platform in the past three months, Facebook remains one of the biggest social media platforms in the market. These aggressive tactics make it difficult for small businesses to decipher which platforms they should be using and where to focus their marketing efforts toward.

Marketing 130