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Five years after Shark Tank, sportswear startup ONTHEGO collapses

Inside Retail

Founded back in 2010 by Spencer, ONTHEGO then appeared on Channel Ten’s Shark Tank in 2016, securing a $600,000 investment — twice as much as he was asking for. The deal never actually passed the due diligence stage, but thrived in the 12-months following anyway, increasing its valuation by some 250%.

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Ahold Delhaize plans to reappoint Frans Muller as CEO

Mass Relators

ZAANDAM, the Netherlands — Ahold Delhaize said Wednesday that its Supervisory Board intends to propose the reappointment of Frans Muller as president and CEO and member of the Management Board at the Annual General Meeting of Shareholders on April 12, 2023. Frans Muller became president and CEO on 1 July 2018. Frans Muller.

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Victoria’s Secret, Gopuff Cut Jobs to Streamline Operations Amid Economic Challenges

Retail TouchPoints

She has been CEO of PINK since 2018 and previously spent a decade at Bath and Body Works. The on-demand convenience retailer also plans to shutter 76 warehouses, or 12% of its network, to consolidate its footprint in some cities. Rupp also worked at Microsoft and Amazon , where she led Fulfillment by Amazon and launched Prime Day.

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Retail news around the globe

Inside Retail

Foodpanda currently operates in 400 cities in 12 countries. The business was founded by Kiwi footballer Tim Brown and biotech engineer Joey Zwillinger in 2016 and has since built up a high profile following, with actor Leonardo di Caprio an investor in the business since 2018. Havaianas celebrates best quarter in a decade.

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Protecting your brand must be on everyone’s radar

Inside Retail

The rapid pivot of retailers to digital channels has led to more customer data being collected, and in light of some of the high-profile data breaches in Australia in the last 12 months, boards are concerned about whether their cyber-risks are now being properly managed. So what can retailers do?

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Analysis: Competition and compassion in sports sponsorship

Inside Retail

In 2018, tennis ace Roger Federer signed a 10-year deal with Uniqlo to replace his former endorsement with Nike. On the day of the signing, his new Messi 30 PSG jersey reportedly sold out within seven minutes, breaking Cristiano Rolando’s record during his transfer to Juventus in 2018. Each has their own sub-brand under Nike Inc.,and

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Oatly’s Strategy, 5 Reasons it Has Taken Off

Indigo 9 Digital

Its oat milk landed in coffee shops in the United States in 2016 and by 2018 its was so popular there were shortages of it across the United States. Once Oatly’s creamy oat milk hit the shelves in America in 2016 it didn’t take too long for the product to take off. By all accounts Oatly is an overnight success.