article thumbnail

With Sights on Global Growth, Draper James Sells Majority Stake

Retail TouchPoints

Consortium Brand Partners (CBP), a consumer-focused investment manager, has acquired a majority ownership stake in Draper James , the fashion and lifestyle retail brand founded by actress Reese Witherspoon. Financial terms of the deal have not been disclosed. ” Founded in 2015, Draper James is focused on its next era of growth.

article thumbnail

Vicinity Centres sells half share in Broadmeadows Central

Inside Retail

The shopping centre is located 19 km north-west of Melbourne CBD and is anchored by Kmart and has three supermarkets – Aldi, Coles and Woolworths – along with Hoyts Cinemas and more than 115 specialty stores.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sans Drinks acquired by online retailer Just Wines

Inside Retail

Collapsed Australian non-alcoholic drinks specialty store Sans Drinks has been acquired by online wine retailer, Just Wines. Irene has vast experience in marketing and promotion and Just Wines has a strong track record in administration, operations, and managing the supply chain. “As

article thumbnail

Half share of Sydney’s Carlingford Court sells for $120.5 million

Inside Retail

The centre occupies a 33,298sqm site, and is anchored by Coles, Woolworths and Target, along with 65 specialty stores including Bing Lee, Fitness First and The Reject Shop, cafes, restaurants and takeaway outlets. billion as it enters a partnership with Carlingford Court’s co-owner and manager, Vicinity Group.

article thumbnail

AMP Capital fund to sell 50 per cent of Westfield Tea Tree Plaza

Inside Retail

The shopping centre has a lettable area of 99,873sqm and is anchored by Myer, Big W, Kmart, and Target alongside a triple supermarket offering in Coles, Woolworths, and Aldi and approximately 240 specialty stores. A $40 million upgrade project is expected to be completed by September, which will bring about more benefits.

article thumbnail

Exclusive: Target Australia MD talks turnaround ahead of brand relaunch

Inside Retail

Target Australia managing director Richard Pearson is just the latest person to attempt a turnaround at the perpetually underperforming retailer, but nearly one year into his role, this time, he says, is different. Taking share off specialty stores.

article thumbnail

Swaggle GM Chad Burke on the untapped opportunities in Australian pet care 

Inside Retail

A former Coles Group category manager with overseas experience as a grocery buying manager at Tesco and Waitrose, he built a team of five in the first three months of operation. “We Burke was Swaggle’s first employee and started building the business last January.