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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007. I started as general manager of Advance Traders in October 2008,” Garnsworthy added. In Australia in contrast, two new openings are planned in Pimpama, Queensland, and Perth by 2025.

Returns 130
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Alibaba CEO and Chairman to Focus on Ecommerce Giant’s Cloud Unit

Retail TouchPoints

Daniel Zhang, currently Chairman and CEO of the entire Alibaba Group , will narrow his focus to the Alibaba Cloud Intelligence Group, which the company plans to spin off as its own independently listed company. The company plans to split into six groups, each with its own leadership and financial structure.

Planning 263
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“The timing is right”: Inside the $3bn beverage group launching in Oceania

Inside Retail

Since 2007, CCEP has produced and distributed Beam Suntory’s brand portfolio across Australia, which includes products such as Jim Beam, Maker’s Mark and Canadian Club, as well as a number of ready-to-drink options and non-alcoholic beverages.

Planning 245
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Vera Bradley Names Chief Growth Officer to Drive Pura Vida’s Next Stage of Development

Retail TouchPoints

Andrews will join the digitally native brand’s Co-founders Griffin Thall and Paul Goodman in leading Pura Vida to the next level of growth, with plans for new performance-based marketing initiatives, the launch of new sales channels and category expansion.

Boutique 186
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Are more discounts on the cards before Christmas?

Inside Retail

With higher-than-usual stock levels leading into Christmas that retailers are planning to turn over at the full freight Christmas margin, that could spell trouble. As we all know, plans can change. In 2007, the cash rate was on an upward trajectory hitting an 11-year high of 6.75 We’ve seen it happen before.

Planning 130
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“Building a brand from the ground up”: Inside LSKD’s San Diego expansion

Inside Retail

We didn’t plan on opening an office, but our first US team member has been here for almost two years. JD: I was very lucky to have LKI [Loose Kid Industries] before LSKD, from 2007 to 2018. IR: Do you have plans to open other stores in the US, and if so, what other locations are you considering? How has that been going?

Wholesale 243
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How Indian brands could benefit from Walmart’s ambitious export goals

Inside Retail

Joined by his management team, McMillon met with suppliers, merchants, grantees, artisans and MSMEs (micro and small to medium enterprises) across the company’s programs, such as Walmart Sourcing, Walmart Vriddhi, Flipkart, PhonePe, Walmart Marketplace, Walmart Global Tech In India and Walmart Foundation.