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Self-service micro market chain Morsl raises $5 million for expansion

Inside Retail

Self-service micro market chain Morsl has secured $5 million in a series-A capital round, increasing the company’s valuation to $14.4 million as it looks to accelerate its expansion. The company will use the funds to open 20 new sites, penetrate industries “beyond workplaces”, and hire key management positions to scale its business.

Expansion 130
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Valentino names new executives as it eyes online expansion

Inside Retail

His responsibilities will be assigned to the new functions of marketing and e-commerce & omnichannel. Meanwhile, Yigit Turhan will take on the responsibility at Valentino as chief marketing officer. Before joining the company in 2018, Turhan held several key roles at fashion houses, including Ermenegildo Zegna and Gucci.

Expansion 130
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How US start-up Subtl Beauty stacks up in a hypercompetitive beauty market

Inside Retail

Launched in 2018, Subtl Beauty is built around the idea of having all your makeup essentials — like concealer, blush, and powder — in one easy-to-use stack, or ‘stak’, as the brand dubs its hero product, rather than carrying around a bulky slew of items. RR: Channel expansion is a primary focus for us.

Marketing 130
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Greenstreat talks store expansion, digital currency and in-house delivery

Inside Retail

Greenstreat was founded by brothers Jackson and Jesse McGrath, who grew up making salad dressings, sauces and glazes with their family, and selling the products at markets across Australia’s east coast. Brisbane is a different beast, and it took longer to build that brand recognition because it’s a new market,” McGrath said.

Expansion 264
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“Building a brand from the ground up”: Inside LSKD’s San Diego expansion

Inside Retail

Sportswear retailer LSKD has been expanding rapidly throughout Australia in recent years, and has now set its sights on a bigger market: the US. JD: I was very lucky to have LKI [Loose Kid Industries] before LSKD, from 2007 to 2018. IR: It seems that a lot of Australian retailers are considering international expansion right now.

Expansion 243
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Comfort-focused furniture brand Maker & Son eyes APAC expansion

Inside Retail

Since launching in the UK in 2018, furniture brand Maker & Son has quickly established itself as a go-to furniture brand for comfort, with its popular Instagram videos of a woman throwing herself onto the large cushioned sofas captivating consumers. Local manufacturing.

Expansion 130
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Sephora CEO Guillaume Motte shares his four ingredients for success 

Inside Retail

Specifically in terms of geographies, when you look at where it’s coming from, you see that in North America, which is the most important market in the world, we managed to grow by more than 27 per cent,” Motte said. We didn’t slightly beat the markets, we smashed some of the numbers.