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Affirm Expands into Post-Purchase with $300M Acquisition of Returnly

Retail TouchPoints

Flexible payment provider Affirm is expanding its range of services to include the post-purchase experience with the acquisition of online returns solution Returnly for approximately $300 million. Returnly currently facilitates returns and replacements for online orders for more than 1,800 merchants.

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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. After taking full control of the business in September 2014, Woolworth bought Politix two years later.

Returns 246
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Aldi Australia CEO Tom Daunt set to become global chief 

Inside Retail

Daunt, who has served Aldi for more than 25 years, has been the CEO of Aldi Australia since 2014. Local media have reported that the 51-year-old CEO is committed to staying in the worldwide role for three years and will likely return to Australia in the future. Prior to that, he was the group MD for the company.

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Ex-JD Sports boss Peter Cowgill mulls return to fashion retail

Retail Gazette

Former JD Sports boss Peter Cowgill is said to be considering a return to retail to head up a a luxury menswear brand. The retailer bought a majority stake in the brand, which sells such as Emporio Armani, Hugo Boss and Ralph Lauren online, at the start of 2014. exit package.

Returns 64
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Glossier Picks Sephora as its First Retail Partner

Retail TouchPoints

The company returned to physical retail in August 2021 and has since opened stores in Seattle, Los Angeles, Miami and London. That marked the first time the company would be led by someone other than founder Emily Weiss, who began Glossier in 2014. By the end of 2022, Glossier plans to open stores in Washington, D.C.,

Returns 274
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Birdie Fortescue Returns to King’s Road with Second Pop-Up Store

365 Retail

Sloane Stanley has announced Birdie Fortescue , the luxury home accessories brand, has returned to the King’s Road for its second pop-up following its success last year. The brand, founded by its namesake, was created in 2014 and is based on a rich heritage of global inspiration, and has two sites operating in Norfolk.

Returns 70
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Glossier Promotes Chief Commercial Officer to CEO

Retail TouchPoints

For the first time since its founding in 2014, Glossier will have a new CEO. In her blog post, Weiss also teased Glossier’s plan to return to NYC’s SoHo neighborhood with a brick-and-mortar store in early 2023. Founder and current CEO Emily Weiss will become the retailer’s Executive Chairwoman as Kyle Leahy moves into the top spot.