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Inside Designworks’ four-pronged expansion strategy

Inside Retail

According to Norton, Designwoks plans to expand in four key areas. They include new brands and licences, developing and progressing its own brands, expanding its category offerings for the licences it already holds, and expansion outside of Australia and New Zealand.

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Mad Mex returns to Australian ownership, ends Asia expansion plans

Inside Retail

The recent acquisition also means the end of Mad Mex’s ambitious expansion plan in Asia , which was announced two years ago before the pandemic forced it to change the strategy. . “I In 2018, 4Fingers bought 50 per cent of Mad Mex as part of the Australian Mexican quick-service restaurant brand’s expansion into Asia.

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Ikea unveils US$2.2 billion expansion plan 

Inside Retail

Ikea is planning to invest more than US$2.2 billion in an omnichannel expansion strategy in the US over the next three years. Ikea expects to open eight additional shops, nine Plan & Order points, and create more than 2000 jobs during this first phase of expansion. The post Ikea unveils US$2.2

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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. The post Uniqlo’s US expansion: Has the parent learned its lessons?

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Solomon Lew plans to spin off Peter Alexander and Smiggle next year

Inside Retail

Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. Peter Alexander delivered another record sales of $279.3 million for the half, up 6.7 per cent year on year and up 92.8

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Taiwan’s answer to The RealReal: Behind PopChill’s global expansion plans

Inside Retail

With monthly gross merchandise volume (GMV) exceeding US$1 million in Taiwan alone, the platform plans to export its success by addressing specific pain points in online luxury transactions. Kuo has stated that the funds raised in the recent funding round will be used primarily for expansion into Hong Kong.

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Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

Brazilian-founded Acai brand Oakberry is planning to expand its store network across many markets, including Australia, after raising $100 million (US$67 million) in Series C funding. The post Oakberry eyes Australian expansion after $100 million capital infusion appeared first on Inside Retail Australia.

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