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The Scars of the 2018-2019 U.S.-China China trade war of 2018-2019 offers a cautionary tale about the far-reaching consequences of tariffs. In 2018, more than one-third of apparel imports flowing into the U.S. China Trade War: A Case Study in Disruption The U.S.-China During this period, the U.S.
The Australian Competition and Consumer Commission (ACCC) launched the legal action in the Federal Court against Webjet for displaying “flights from $X” statements but omitting its compulsory service fee and booking price guarantee fee in the advertised prices between November 2018 and November 2023.
Although Buckle has been using Aptos software since 2018, the team decided to move from its Windows-based POS system to Aptos ONEs mobile-first application in order to further evolve its tech stack and better meet guest expectations.
The FWO discovered that the company had employed four Chinese women in retail positions at its stores between October 2015 and June 2018. Q Fay Trading, a company operated by Gu and Yang which imported and supplied products to the stores, also received a $44,100 fine.
JD Sports has a tradition of growing through acquisition: the retailer had purchased Finish Line in March 2018 for $558 million , and in April 2024 JD Sports purchased U.S. retailer Hibbett for approximately $1.1 billion.
From 2018 to today, gross sales have grown 100X , from 2.5 Along with its U.S. openings, Kurt Geiger also is continuing to expand its presence in Mexico, with two new stores in Antara in Mexico City and Antea in Queretaro, Mexico joining the four existing boutiques in that country. million ($3.1 million) to 250 million ($318 million).
Tressie Lieberman worked alongside Niccol from 2018 to 2023, driving digital marketing and off-premise. A few months after joining Starbucks as its new CEO, Brian Niccol has brought his first Chipotle alum over to the new executive team, according to reports from Yahoo and others. Brands. Starting Nov.
From November 2018 to November 2021, Bunnings implemented a trial FRT at 63 stores in Victoria and NSW, capturing the faces of every visitor. Bunnings breached privacy laws by using facial recognition technology (FRT), the Privacy Commissioner determined.
According to the report, only 14 per cent of Australian retailers now offer free returns, down from 49 per cent in 2018. The ease of returns is also declining, with only 58 per cent offering simple, customer-centric return processes, compared to 97 per cent in 2018.
Hunter joined the group in 2010 and has taken up a range of senior roles, including at Coles as the program director of its demerger from Wesfarmers in 2018. He will take over the role of MD of Officeworks from Hunter starting this August.
Since fiscal year 2018, Dillards has paid out 60% of its total cumulative cash sources to stockholders versus Macys at 25%. Dillards stockholders have benefitted greatly from this plan, seeing a total return in their shares of +788% versus Macys of -12%.
Since having previously entered into administration in 2018, the company shifted to an online-only model. This comes after the company posted its first-half sales of $3.1 million compared to $5.9 million during the same period last year.
Later, it picked up Specialty Fashion Group, including Autograph, Crossroads, Katies, Millers and Rivers, for $31 million in 2018. By July 2018, Alceon’s retail investments were generating about $1.5 At the time, Noni B’s CEO Scott Evans acknowledged that the company was acquiring under-performing businesses. million in June 2019.
Amazon launched branded storefronts on its online marketplace in 2018, and other retailers have followed suit; in addition to its new Trend Stores, Shein also launched its first branded store featuring Childrens Place last year.
Wonder, which was founded by Jet.com entrepreneur Marc Lore in 2018, purchased meal kit company Blue Apron in October 2023 for $103 million and in November 2024 acquired Grubhub for $650 million. Wonder opened a food hall in a Quakertown, Pa.
annually between 2018 and 2021, with a total of 11.2 However, the average value of check payments has increased from $1,908 in 2018 to $2,340 in 2021, indicating that although people are writing fewer checks, they are using them for larger transactions — and therefore are less likely to use them for a weekly supermarket stock-up trip.
Previously, he founded Handy, which was acquired by Angi in 2018, where he eventually became CEO. Oisin Hanrahan is the Co-founder and CEO of Keychain , a manufacturing platform for the packaged goods industry that is backed by $18 million in venture funding from Lightspeed Venture Partners, BoxGroup, and SV Angel.
The move follows Fast Retailing’s decision to withdraw financial support from the two brands, which have undergone multiple restructurings since 2018. In September last year, they merged into a new entity, Fast Retailing France. Both labels have taken significant steps to reduce costs.
Lee will replace former creative chief Riccardo Tisci , who was appointed to the role in March 2018 following his career with Givenchy from 2005 to 2017. From 2018 to 2021, Lee worked with Bottega Veneta as the Italian luxury brand’s Creative Director.
and managed by Bluestar since 2018. The JV also has made a $190 million investment in some of the other brands managed or co-owned by Bluestar, including Hurley , Justice and Scotch & Soda , and announced plans to acquire the assets and IP of the Bebe and Brookstone brands. Both brands have been owned by Bebe Stores, Inc.
Since 2018, Scott has successfully led the coffee business across Central and West Africa (25 countries), he also had responsibility for Consumer Communications across the region. His career has spanned various roles across the UK Food & Beverage business, including customer management, commercial finance, and category development.
” BBRC previously owned a lingerie chain called Bras N Things, which once got to 200 stores and was sold to US underwear group Hanes for $500 million in 2018. . “One interpretation is that reads like the American potato crips brand, but another more likely is ‘lace’ which would at least be relevant.”
We believe in the model, it’s been operating since 2018.” The Silly Solly’s brand has come full circle, now owned by Stanton and an Australian management team that reinvented the model in 2018. “We We experimented with a couple of stores and decided there was a need for this, ” said Stanton.
The retailer, which sources much of its product from China, has been hit hard by the recent tariffs as well as mounting competition. The company has been primarily owned by Elliott Management and Monarch Alternative Capital since its bankruptcy in 2018. Now, bankers at Houlihan Lokey have been engaged to lead a search for potential buyers.
In 2018, it acquired South Korean makeup firm 3CE. Migros announced a strategic review of its Mibelle cosmetics group in February, saying it wanted to find a new home for the owner of Gowoonsesang and other brands. Reporting by Benoit Van Overstraeten and Dominique Patton; Editing by Makini Brice and Alexander Smith, of Reuters.
Prior to joining Kibo in 2018, Sharma was part of Vista Equity Partners operating arm, collaborating with executive teams across the firms portfolio to enhance go-to-market effectiveness and operational efficiency.
billion Kroger has invested in its workers since 2018. The grocer’s investments in its frontline workers have raised the company’s average hourly rate from $18 per hour in 2018 to $23.50 This initiative builds on the $1.9 per hour today.
From 2018 to 2021 Seipel was CEO (and Co-owner) of West Marine , and prior to that he held senior positions at Gabriel Brothers, Wet Seal, Pamida Stores and Old Navy. The value-priced apparel retailer also named Peter Sachse, currently Executive Chairman of the Board, as Chairman.
Noni B appeared to fare better under Alceon and Scott Evans who was appointed as CEO following the on-market takeover, but its financial results were flattered by the 2017 acquisition of the Pretty Girl Group and the 2018 purchase of five retail chains from Specialty Fashion Group. Noni Bs best year was FY18 when sales increased to $372.4
BBRC previously owned the Bras N Things chain in Australia, which it sold in 2018, and the more upmarket lingerie chain Honey Birdette, which it sold in 2021 to PLBY Group for $443 million. As of last month, the investment firm held about 10.31 million shares, or a 13 per cent stake, in Victoria’s Secret.
Subway has lost about 7,600 stores, including over 1,000 in 2020, 2021, and 2018. At the end of the year, the sandwich company had 19,502 domestic locations, its lowest number in almost two decades. In 2015, it reached a peak of almost 27,000 stores. The declines have persisted since 2016. making it the second largest.
Versloot, who was head of Levi’s Canada from 2018 to 2023, will be the interim MD of the Country Road brand as the search for a permanent boss continues. Country Road Group has reportedly appointed former Levi Strauss executive Nicolas Versloot to lead the company’s namesake brand temporarily.
Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November. Opening its first overseas outlet in China in September 2018, the company now operates 21 stores across Taiwan, Singapore, and Thailand. Besides the US, the company currently operates stores in Taiwan, Malaysia and Thailand.
The Qantas Loyalty business unit, the airline’s profit engine, was run by Wirth for five years from 2018 to 2024. “By linking to Qantas and embedding the program in the app experience, David Jones is finally starting to meet this expectation and will hopefully transform loyalty from a transactional mechanic into a relational asset.”
Prior to joining Greencross in 2018, Barry held various leadership roles including as CFO of Opal Aged Care, group financial controller of Woolworths, CFO of LBC Tank Terminals headquartered in Europe, and CFO at the Challenger Infrastructure Fund. Greencross has named Lucas Barry as its new CEO, effective January 1.
To understand those trends – and ultimately answer the question, what is the state of shipping – we surveyed thousands of consumers and retailers and analysed more than 200 million orders powered through Shippit from 2018 to 2024. In 2018, 81 per cent of retailers provided this benefit, but this figure has dropped to 70 per cent this year.
JD Sports acquired Finish Line in March 2018. Shoppers using the JD Sports page on Instacart can choose from more than 16,000 products, including popular footwear brands such as Nike, Jordan, Adidas and Puma.
According to Wage Inspectorate Victoria, between 2018 and 2021 Woolworths Group contravened the state’s Long Service Leave Act 2018 by failing to pay more than $960,000 in entitlements to 1199 former employees. Meanwhile, Woolstar failed to pay $45,000 in entitlements to 36 former employees.
This grocery store model is the Midwest retailer’s first expansion into additional categories since the 2018 introduction of its neighborhood market small concept, Bridge Street Market, in Grand Rapids, Mich. Meijer will introduce a new brick-and-mortar concept with the launch of Meijer Grocery in early 2023.
Kroger, which has been working with Ocado since 2018 , will implement these “Re:imagined” technologies across multiple current fulfillment centers as well as future facilities. The new solutions include On-Grid Robotic Pick (OGRP), a robotic arm installed directly on the grid.
Founded in 2018 by Emily Hamilton and her husband Alexander Ostrowski, Coco & Eve offers a range of hair, self-tan and body care products. Texas-based private equity firm Gauge Capital has acquired a majority stake in beauty brand Coco & Eve for more than $100 million.
This will be the third CEO since Adore Beauty’s co-founders Kate Morris and James Height stepped down from the chief executive role in 2018 and 2020, respectively. .” The beauty brand will begin the search for a new CEO. Before Morton, Tennealle O’Shannessy held the position from 2020 to 2023.
Salesforce Points to ‘Methodical, Patient, and Decisive’ M&A Strategy Following the previous deals involving the aforementioned purchase of Slack, in addition to the purchase of Tableau in 2019 and MuleSoft in 2018, Salesforce appears to be continuing apace in its targeting of properties ripe for acquisition.
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