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Richemont posts record sales, appoints new CEO

Inside Retail

By region, sales growth was led by Asia Pacific in value terms (up 10 per cent at constant exchange rates) and by Japan in percentage terms (up 20 per cent at constant exchange rates). Bos joined Richemont in 1992 and became CEO of Van Cleef & Arpels in 2013. He has also been overseeing Buccellati since September 2019.

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In Push for a Turnaround at Kohl’s, Investor Group Nominates Nine Board Directors

Retail TouchPoints

Four Kohl’s investors representing nearly 10% of the retailer’s outstanding common stock have nominated a slate of nine independent candidates for the retailer’s Board of Directors. in 2019, and that the retailer earned about 44% less in 2019 than it did in 2011 despite similar total sales and $6.6 in 2011 to 6.1%

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Meet Revo, the performance sunglasses brand founded by a Nasa astrophysicist

Inside Retail

Later on, in 2013, the American consumer product goods conglomerate Sequential Brands Group acquired Revo. Robinson recalled that the company originally had plans to set up the shop back in 2019, “But we know where this story ended up. billion in 2019 and generated US$3.48 per cent from 2021 to 2027.

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From drummer to head of digital: Sometimes Always’ Jared Brown

Inside Retail

Over the next few weeks, we’ll be sharing in-depth profiles of this year’s Top 10. By the time he left in 2019, the e-commerce side of the business was generating $20 million a year, and he was managing a large team of people. You can download it here. Five regional storefronts with independent marketing and digital for each one.

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How Geedup has succeeded by ignoring the ‘rules’ of modern retail

Inside Retail

Founded by Jake Paco in a garage in western Sydney, and inspired by hip-hop culture, the brand has amassed a devoted following since launching in 2010, and after pivoting to an online-only model in 2019, the business took off. He left school after Year 10 and worked as a furniture mover to pay for a graphic design course.

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Burlington Doubles Store Total Target to 2,000, Plans 75 Net New Locations for 2021

Retail TouchPoints

Burlington Stores has doubled its long-term store footprint target to 2,000 stores, up from the 1,000 -store target established when the company launched its IPO in 2013. Comparable store sales for the quarter were flat, which the company said was reflective of significant improvement in December and January after a 10% decrease in November.

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London Designer Outlet exceeds previous records as it enters 10th year of trading with strongest ever Q1

A1 Retail

Q1 trading at the capital’s leading premium fashion and lifestyle outlet destination reached over £19.7m – an increase of 17 percent compared to the same period in 2022 and 5 percent on pre-pandemic levels (2019). Sales were boosted by the strongest-ever Easter holiday on record, with sales in the period reaching over £5m for the first time.

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