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Inside Guzman y Gomez’s plan to reach $500 million in revenue

Inside Retail

Mexican fast food chain Guzman y Gomez (GYG) is planning to open an additional 30 drive-thrus in Australia over the next 12 months, which will bring the company’s total store count to over 180 locations across Australia, Singapore, Japan and the US. The store expansion follows Magellan Financial Group’s $86.8

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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. Commenting on the sale of 5.5

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Afends opens two stores in Sydney, including CBD flagship

Inside Retail

Founded in 2006 by Jonathan Salfield and Declan Wise, Afends works with the motto ‘Question Everything’, which aims to encourage people to do their own research and come up with solutions to all of life’s problems. With stores in Melbourne, Sydney and at NSW’s Brunswick Heads, the brand is now eyeing expansion abroad.

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Retail appointments of the week

Inside Retail

Steele has worked with Krispy Kreme since 2006, rising through the ranks from crew member to store manager and area manager. With the new role, Steele is in charge of the brand’s expansion, including concentrating on regional growth, establishing convenience partnerships, as well as investing in e-commerce and digital platforms.

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Boohoo launches in five Asian markets

Inside Retail

The expansion plan sees the launching of Boohoo’s sites in Japan, South Korea, Singapore, Hong Kong and Taiwan. Founded in Manchester in 2006, Boohoo is a multi-brand fashion, home and beauty platform targeting Gen Z and millennial customers.

Marketing 130
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Playboy owner to 100% acquire racy lingerie brand Honey Birdette

Inside Retail

Honey Birdette was first launched in 2006, when its first boutique opened in Brisbane, selling glamorous lingerie and adult toys. PLBY Group CEO Ben Kohn said he is “thrilled by the brand’s potential to become a multi-million-dollar luxury lifestyle franchise”. The transaction is expected to close in the third quarter of 2021.

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Inside Spanish fashion brand Mango’s “very ambitious” US expansion plan

Inside Retail

By 2026, Mango plans to open 500 stores in key markets such as Canada, France, the United Kingdom and the United States. Inside Retail spoke to Shane Stephen Grenley, Mango’s international retail director for North America, to get an update on the brand’s US expansion efforts and upcoming retail initiatives.

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