article thumbnail

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

Returns 130
article thumbnail

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.)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. It was founded in 2007 by Jason Daniel and now has eight retail stores in Australia, one in San Diego, US , with two new stores coming soon.

Planning 264
article thumbnail

The Body Shop’s Path to Revival Amid High Street Hurdles

365 Retail

Unfortunately, Roddick’s untimely death in 2007 left the brand without its visionary leader. The administrators’ strategy for The Body Shop involves a significant reduction in the brand’s physical store footprint while concentrating on enhancing product offerings, online sales channels, and wholesale strategies.

article thumbnail

eCommerce Expo 2023 Preview

365 Retail

Their proprietary platform – the fulfilmentcrowd app combines the typical tech stack by offering 1 consolidated solution to warehouse management, order management, inventory management, carrier management and returns and is underpinned by an extensive and agile in-house team of 40 software engineers that create custom fulfilment solutions.

article thumbnail

Spring Fair reveals Inspiring Retail Stage line-up with 40 Speakers Confirmed

A1 Retail

Spring Fair , the UK’s leading marketplace for wholesale Home, Gift and Fashion which returns to the NEC Birmingham NEC from 5 th – 8 th February 2023, has announced its Inspiring Retail Stage line-up. Since 2007 she has hosted a number of radio and TV shows. million homes.

Fashion 52
article thumbnail

5 of the Best Ways DTC Brands Get New Customers

Indigo 9 Digital

Consumers like to touch and feel products and let’s be honest returning online orders can be a hassle. Amazon started selling fresh food in 2007 but after ten years in the business it struggled to make its mark. Bras that customers try on and are returned are cleaned then donated by ThirdLove to charities that focus on women in need.