Remove 2008 Remove Accounting Remove Shopping Remove Wholesale
article thumbnail

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

Inside Retail

Electric shock to profits The popularity of electric bikes and scooters has been a key driver of revenue for the business recently, with electric bikes accounting for 99 Bike’s biggest growth category. “We A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008.

Returns 130
article thumbnail

“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

They got a lot of attention really quickly, and they got some good accounts. In 2008, they actually went into administration. All the while, General Pants was Ksubi’s biggest account, so when the second iteration of the brand ultimately went into administration in 2014, General Pants took over running the brand.

Wholesale 243
Insiders

Sign Up for our Newsletter

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

article thumbnail

Beyond Starbucks: Three specialty coffee retailers taking Australia by storm

Inside Retail

Market Lane Market Lane, an independent specialty coffee brand founded in 2009, has grown steadily over the years, expanding from its first shop and roastery at the Prahran Market to eight coffee shops in Melbourne, a bustling online shop, and a roastery in Brunswick East.

Wholesale 130
article thumbnail

8 retailers slashing jobs and cutting costs in 2024

Retail Gazette

Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.

article thumbnail

Can anything take the Shein of China’s e-commerce titan?

Inside Retail

When the Nanjing-based company was established, in 2008, it was labelled a discount brand, selling ultra-cheap, of-the-moment fashion. Over the course of the pandemic, Shein has doubled its revenue to US$10 billion and dethroned Amazon as the top shopping app in the US. million followers and #Shein has captured over 24 billion views.

article thumbnail

Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

If you didn’t want to spend too much money you could shop at Macy’s or Sears. Or if you wanted to spend a lot more you could shop at Nordstrom, Neiman Marcus or Saks Fifth Avenue. Farfetch is a luxury goods online marketplace that launched more than a decade ago in 2008. There were even fewer choices in Canada at that time.

Apparel 97
article thumbnail

Best eCommerce Platform for B2B in 2022

365 Retail

With customer hierarchy management, customers can create accounts reflecting their internal structures. Magento is a cloud-based, open-source platform founded in 2008 by Oro co-founders Yoav Kutner and Roy Rubin. It is well suited to medium-sized distributors, manufacturers, and wholesalers. Customer Hierarchy Management.