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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. This week, the company has announced that it will be making several major structural and operational shifts. million in 2022, or 56 per cent of total revenue.

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Lululemon hits its stride in Asia amid ambitious global growth plans

Inside Retail

In the heart of Hong Kong, where the bustling finance world meets the city’s rich tapestry of artistic expression, Lululemon’s flagship store at IFC mall stands as a testament to the brand’s evolution since it opened its doors in 2015. billion to US$12.5 billion by 2026,” Pope noted.

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Is Jim’s Beauty set to flop like Harley-Davidson perfume – or could it be branding genius?

Inside Retail

This has allowed them to undercut other brands and get more margin – a strategy that is paying off as consumers become more stretched, allowing Coles to increase home brand sales 9.4 Away from their physical stores, they are offering telehealth , insurance , mobile phone plans , gift cards , and deliveries at work.

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What’s behind the slew of beauty brands exploring an IPO or sale?

Inside Retail

Rare Beauty and Merit Beauty both launched in the last five years, while Glossier and Kosas launched in 2014 and 2015, respectively. These brands have a strong market presence and are engaged with their consumers. The people, the strategy, and the execution were planned from the beginning and timing was included,” she said.

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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

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Analysis: Should Macy’s accept its $8.8 billion acquisition offer

Inside Retail

Like many retailers, both in the US and internationally, Macy’s has been impacted by the decline in consumer interest in shopping in traditional department stores amidst the rise of online shopping. The price marks a far cry from the company’s US$70-a-share peak in 2015, the beginning of its battle with digitally-focused retailers.

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What Europe’s upcoming ban on unsold textiles means for fashion

Inside Retail

According to the report, global textile production nearly doubled between 2000 and 2015, and by 2030, the consumption of clothing and footwear is expected to increase by 63 per cent from 62 million tonnes today to 102 million tonnes. It is also introducing a ban on the destruction of unsold products, including unsold or returned textiles.

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