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Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

In a now-infamous 2006 interview, Jeffries stated, “We go after the cool kids. However, in the mid-2010s, the brand’s image shifted from “cool kid” to “mean girl” as consumers began to distance themselves from its discriminatory hiring practices and limited product offerings and turned towards brands that were more welcoming and trendy.

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Retail appointments of the week

Inside Retail

Before joining Cos, she oversaw the rebranding and expansion of Arket as part of her 10-year term as a brand leader with the H&M Group. Together with his wife Eva and brother-in-law John Glandel, Besen began his entrepreneurial journey by taking over two lingerie shops established by Eva’s parents in 1939.

Fashion 130
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How Gami Chicken’s growth strategy will lead it to be a $60m business

Inside Retail

“If we continue to follow this trajectory of dine-in revenue across the majority of our stores, in addition to our franchise expansion, we’ll be able to move towards a $60 million business by 2024.” The Aussie-born Korean cuisine chain launched in Melbourne in 2006. A lot of franchisors are changing their focus.

Strategy 130
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How Nana Judy founder started a $30m streetwear brand at 19 years old

Inside Retail

Coleman, who started Nana Judy in 2006 while working part-time in a local surf shop, identified the popularity of skate and surf brands across Australia. In those early stages, he also had an eye on international expansion. But he believed that men wanted more than what the retail industry was offering.

Expansion 246
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From Cobblestones to Cyberspace: VMSD Celebrates Its 125th Year of Service to the Retail Industry

VMS

In the late 19th and early 20th centuries, well before high-end shops and boutiques graced the iconic retail corridors of Fifth Avenue, Champs-Élysées and Via Monte Napoleone, consumerism and desire became a driving force in Western culture. By 1915, Americans were reportedly consuming half of the global production of plate glass.