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British footwear and accessories label Kurt Geiger has unveiled plans to bring its London verve across the pond in a big way. From 2018 to today, gross sales have grown 100X , from 2.5 Following the opening of its first U.S. store, at the Mall at Millenia in Orlando in early 2024, the brand has opened its next three U.S. million ($3.1
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.
Dillards has been executing a highly successful strategic plan focused on improving operating margins, prudently managing capital expenditures and aggressively returning capital to stockholders, said James Mitarotonda, Chairman of Barington in a statement. However, we are concerned with Macys large capital expenditure programs.
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. Walmart in February 2024 , and in March 2024 Wonder raised $700 million and announced plans to operate 90 physical locations by the end of 2025.
Since having previously entered into administration in 2018, the company shifted to an online-only model. Although the company had been pursuing a recapitalisation with its primary stakeholders, it believes that Toys R Us is no longer in a position to pursue a solvent recapitalisation plan. “In million compared to $5.9
The company has been primarily owned by Elliott Management and Monarch Alternative Capital since its bankruptcy in 2018. The company had planned to go public in 2021, but scrapped those plans two years later. Now, bankers at Houlihan Lokey have been engaged to lead a search for potential buyers.
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. and managed by Bluestar since 2018. Both brands have been owned by Bebe Stores, Inc.
BBRC has not made an official announcement or shared any plans about the label. ” 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. .”
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
I was planning to do that for six months, but then I just completely fell in love with e-commerce technology, Airi told Inside Retail. Never one to do things by half-measures, she won an award for salesperson of the year, flew to Auckland and was offered an e-commerce co-ordinator role at the company’s sister brand, Glassons.
Hy-Vee first partnered with Instacart for deliveries in 2018. Last month , Instacart executives revealed that the company plans to further its impact in brick-and-mortar stores by offering services such as Caper Carts and its FoodStorm order management offering.
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 The plan was to plug Ginger & Smart into Alceon’s online “infrastructure” through EziBuy and SurfStitch. million in June 2019.
Earlier this year, the US-based wedding dress giant David’s Bridal announced its shift to a new asset-light, AI-powered business model integrating retail, media and wedding planning to meet the evolving needs of new generations of shoppers and brides. Can you elaborate on what David’s Bridal’s ‘aisle-to-algorithm’ campaign looks like?
The launch of Deliveroo Express builds on the success of the companys grocery business, which has partnered with major UK supermarkets including Morrisons , Co-op, Sainsburys, Waitrose, and others since 2018. With more grocers and retailers entering on-demand, we are adeptly placed to support them in reaching more customers in less time.
billion is our [FY]26 plan, which we are currently ahead of schedule, with the intent to remain ahead of schedule. But we’ve definitely accelerated our store expansion plan in the last five years. When I joined in 2018, we had less than 10 stores. CM: In [FY]24. What are you learning about that market? Its well over US$1.5
In 2018, one of his agency’s clients was the Korean sunglasses brand Gentle Monster. The Middle East [is in the plan] – because Documents has some Middle Eastern clients in China…and we think our position and our style may match the Middle Eastern market,” Zhaoran said. And here is where Zhaoran’s distinction is grounded.
Just last week, Myer’s executive chairman Olivia Wirth announced her plans to expand the department store retailer’s loyalty program and allow Myer One members to earn and spend points outside its network. “It The Qantas Loyalty business unit, the airline’s profit engine, was run by Wirth for five years from 2018 to 2024.
Over the past few weeks, the retail industry has been buzzing about the news of legacy retailer Nordstroms privatisation plans. This deal marks the end of Nordstroms years-long efforts to go private, which the company attempted previously in 2018.
After experiencing a shaky series of starts and stops, the brand closed down in 2018 and experienced a total re-birth after being acquired by Europerfumes in 2019. Are there any plans in the works to open another store soon? It was a real gamble and a delight to relaunch in 2021 and see our customers adopting our new language.
Recent new openings include Scottsdales Fashion Square, San Diegos Fashion Valley, Bostons Newbury Street, Santa Claras Valley Fair and Orange Countys Irvine Spectrum Center, and there are seven new locations planned through the end of 2025. distribution center back in 2018, it has a lot of data to work with. and King of Prussia, Pa.
It’s not the first time that Carpetright has found itself in troubled waters, with the business launching a company voluntary arrangement (CVA) in 2018 in an attempt to bring its losses under control. The Floor Room Carpetright’s administration quickly triggered the collapse of sister firm The Floor Room.
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. Bookoff is also planning to increase its footprint in the US.
Brett Blundys BBRC was reported to violate US laws with its purchases of shares in lingerie giant Victorias Secret during the past three years, resulting in the target adopting a ‘poison pill’ plan as a response. BBRC is currently preparing to launch a new lingerie chain called Leays which is plans to grow into a global brand.
Evri has been a key delivery partner for the Vinted marketplace since 2018, during which time both organisations have experienced remarkable growth, with parcel delivery volumes increasing by millions per year.
In 2018, a year after losing her husband and having fallen into a crippling depression, Robinovitz was introduced to the joys of slime by the young daughter of her close friends, Sara and Marc Schiller, who had stopped by for a visit. “I The company expects to open its fifth physical shop, in Los Angeles, in September.
In 2018, LoveShackFancy opened its first permanent bricks-and-mortar store in Sag Harbor in the Hamptons; as of this June, the brand has 20 bricks-and-mortar stores – and counting. Inside Retail spoke with Cohen to learn more about how she plans to accomplish this. IR : Where do you expect to lead LoveShackFancy in the next 12 years?
In May, the company quietly sold the SurfStitch and Ginger & Smart businesses, which it acquired in 2018 and 2019, respectively, to an undisclosed buyer. It was just the latest portfolio consolidation. General Pants Co foggy history Alquemie Group acquired General Pants from the Smorgen family in May 2022 for more than $60 million.
London Mayor Sadiq Khan has kicked off the process to proceed with his plans to pedestrianise Oxford Street and rejuvenate the citys busiest shopping district. Khan had proposed a pedestrianised traffic-free Oxford Street during the 2016 mayoral election, but Westminster City Council withdrew support in 2018 due to a lack of public support.
It was sold to private equity giant Hilco for just 1 in 2018 after Australian giant Bunnings’ botched attempt to conquer the UK by converting Homebase to its fascia. What is going on in the world of garden centres? The ‘For Sale’ sign comes after the retailer plunged to a 85.2m Homebase has had a tumultous recent past.
Mastercard has announced plans to remove the 16-digit number from their credit and debit cards by 2030 in a move designed to stamp out identity theft and fraudulent use of cards. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.
In 2018, Cohen and her team opened LoveShackFancy’s first permanent bricks-and-mortar store in Sag Harbor in the Hamptons ; as of this June, the brand has 20 bricks-and-mortar stores – and counting. RHC: For better or worse, I’m very involved in the day-to-day, probably to a fault, but I truly love it.
Retail TouchPoints) Those robots are central to how Happy Returns plans to continue to scale its business. The company plans to continue to incorporate more automation into its operations this year and beyond. and Valencia, Calif. In this and many other ways, Happy Returns clearly has its eyes on the future.
“Importantly, the proceeds will further enhance our balance sheet and liquidity, reinforcing our financial flexibility ahead of our planned separation of Topgolf from our core operations.” Topgolf Callaway Brands bought Jack Wolfskin back in 2018 for 363.30m (418m).
Topshop and Topman are set to return to the runway this summer, with a London fashion show planned for August to mark the relaunch of the brands’ online platforms and preview the Autumn/Winter 2025 collections.
Raithatha joined the etailer in 2018, after founding and leading the Finery London fashion brand. The company completed a £25m share buyback in H2 FY25 and plans to repurchase up to £60m in FY26. Moonpig CEO Nickyl Raithatha will step down after seven years, remaining in charge during a 12-month notice period.
Jennings, who joined AS Watson in 2018 as a senior regional estates manager before being promoted to head of estates in 2021, has played a key role in refitting Superdrugs flagship Marble Arch store and leading the companys property team. .”
International expansion is an integral part of our Ulta Beauty Unleashed plan, and the acquisition of Space NK offers a unique and strategically compelling opportunity to enter the growing UK market with a successful and growing brand. However, it opted not to proceed with a deal.
Related Story Majestic to open wine emporium in The Range head office 12/11/2024 x 9:58 AM Hilco Capital, which bought Homebase for £1 back in 2018, drafted in Teneo this year to explore multiple cost-saving options after the retailer reported an £84m loss in the year to January 2023 , from a profit of £30m the year prior.
Helmersson brings over 20 years of experience in the fashion sector to the role, having previously held various leadership roles within H&M Group, including CEO from 2020 to 2024 and COO from 2018 to 2020. Mango is pursuing a very ambitious plan, developing the brand and assortment, and bringing it to more customers around the world.
Shein’s planned IPO listing on the London Stock Exchange, expected in the first half of this year, will probably be delayed, Financial Times reported. A repeat of 2018? The immediate impacts are already becoming apparent, with several companies facing operational challenges and strategic uncertainties.
In 2018, it had less than US$50 million in sales. The pressure of constantly creating something new or finding the next big thing means teams are always on the clock without time to reflect on effectiveness or invest in strategic planning. The good news for marketers and bean counters is that noveltyness sells. People love a gimmick.
Laura Youngson started Ida Sports in 2018 after identifying a gap in the market for soccer boots made for women. And did you have any experience planning products? With an expanding partnership with a major US sport retailer and a pop-up opening in London this month, the brand is on the brink of broad awareness.
MGA’s plans, first reported by Reuters, show how US makers of everyday items, which rely heavily on Chinese factories for their products, are adjusting as quickly as possible as a result of Trump’s trade war with China– and hiking prices to cover the cost of tariffs on remaining China-made products.
The White Company turns 30 later this year and founder Chrissie Rucker promises there are “lots of very exciting things to come” “We’ve made lots of changes to the way we’re doing things,” she says, adding that the retailer plans to put on a “fantastic celebration” to mark the occasion.
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