article thumbnail

Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

The company said the funding will help accelerate its global expansion strategy, targeting more than $300 million in revenue and nearly 1000 stores worldwide by the end of this year. Founded in 2016, Oakberry currently has approximately 700 stores across more than 40 countries.

Expansion 162
article thumbnail

Luxe-for-less leader MCoBeauty talks international expansion

Inside Retail

Founded in 2016, luxe-for-less beauty brand MCoBeauty has seen massive growth over the past several years, and is expecting revenue growth of up to 90 per cent in 2023. With international expansion on the horizon, we sat down with founder and CEO Shelley Sullivan to talk through the brand’s journey, as well as what makes it tick.

Expansion 245
Insiders

Sign Up for our Newsletter

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

article thumbnail

What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Nevertheless, Apple enjoys an unrivaled status symbol among consumers, which industry experts believe will play a significant role in its retail strategy.

Expansion 130
article thumbnail

Recipe for success: Impossible Foods eyes expansion in Asia

Inside Retail

Since it debuted its first product, the Impossible Burger back in 2016, Impossible Foods has been on a mission to restore biodiversity and reduce the impact of climate change by transforming the global food system. The post Recipe for success: Impossible Foods eyes expansion in Asia appeared first on Inside Retail.

Expansion 130
article thumbnail

Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. One example of this is the recent expansion of Vero Moda. One key aspect of this is our focus on efficiency. [We]

Fashion 236
article thumbnail

“We think in decades and design for generations”: Niessing CEO Sandro Erl

Inside Retail

Back in 2016, we redefined our company strategy for business expansion, and the APAC region became very important for us. Erl went on to say that the company had some prior experience in the region, having had a presence in Japan since well before 2016. It’s also about individualisation and sustainability too,” he noted.

Design 130
article thumbnail

Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

In 2016, JD.com formed a strategic alliance with Walmart, taking control of the latter’s online grocery business, Yihaodian, and giving Walmart a 5 per cent stake in JD. Therefore, it’s the right growth strategy,” she added. Deep localisation will be the key to success in overseas expansion, in her opinion.

Expansion 130