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Country Road brands to return to Myer after David Jones separation

Inside Retail

Woolworth Holdings’ sale of the David Jones department-store business has cleared the way for the brands of its Country Road Group division to return to the shelves of Myer. Woolworth Holdings bought a controlling interest in Country Road in 1998 and acquired Witchery Group in 2007 to create Country Road Group.

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UK F&B group buys 62 Australian airport stores

Inside Retail

“The Asia Pacific region offers a significant opportunity to build returns and drive growth for the group,” Coveney added. SSP Group has been operating in Australia since 2007. Our enlarged business in Australia will have the opportunity to become a regional centre of excellence.”

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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. Garnsworthy believes that 99 Bikes will return to opening five to six stores annually in the future. The company achieved an 82.6, well above the median score of 50.9. “B

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Mad Mex names Therese Frangie as CEO after founder moves into strategy role

Inside Retail

Meanwhile, Clovis Young who started Mad Mex in 2007 said it was the “right time” for Frangie to “officially step into the CEO role”. “As Further reading: Mad Mex returns to Australian ownership, ends Asia expansion plans The post Mad Mex names Therese Frangie as CEO after founder moves into strategy role appeared first on Inside Retail.

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Boots owner mulls £7bn London IPO

Retail Gazette

The move would mean the cosmetics company returns to the London Stock Exchange after 16 years. According to Bloomberg, an IPO would value the retailer at roughly £7bn, returning it to the FTSE 100. The UK retailer’s management is understood to be pushing its US parent company towards an IPO.

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How Natori Used AI to Sharpen Retargeting and Achieve a 943% ROAS

Retail TouchPoints

For example, by specifically retargeting those customers who had added to their online carts over the previous 30 days, and spotlighting the specific items they had browsed or put into their carts, Natori achieved a Return on Ad Spend (ROAS) of 943% in Q3 2023. It all began with Josie creating lingerie on her living room floor.)

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Retail appointments of the week

Inside Retail

The marketplace first launched in 2007 and now sells more than 600,000 cycling products from over 1500 brands and 1450 retailers. Burberry CEO Marco Gobbetti is departing from his role to return to Italy, where he will lead rival luxury goods group Ferragamo, according to a report from Reuters. million consumers each year.

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