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LSKD to open first of six planned physical stores in Melbourne

Inside Retail

The store is the first of five planned for Australia, with another set to open in New Zealand, all within a year. LSKD (Loose Kid), founded in 2007, is a Brisbane-based athleisure brand that specialises in functional sportswear with a street aesthetic.

Planning 245
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

It was founded in 2007 by Jason Daniel and now has eight retail stores in Australia, one in San Diego, US , with two new stores coming soon. It also plans to hold regular feedback meetings with local athletes and LSKD community members to gather relevant product feedback and use it to continuously improve the product design and offering.

Planning 264
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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007. This year, the group has closed three stores in New Zealand and in the highly competitive UK market, two closures are planned. The company achieved an 82.6, well above the median score of 50.9. “B

Planning 130
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Platypus opens 200th store, promises 30 more by June

Inside Retail

Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Platypus, which was acquired by Accent Group in 2007, currently has 167 stores in Australia and 34 in New Zealand.

Balance 264
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Mad Mex names Therese Frangie as CEO after founder moves into strategy role

Inside Retail

Meanwhile, Clovis Young who started Mad Mex in 2007 said it was the “right time” for Frangie to “officially step into the CEO role”. “As Further reading: Mad Mex returns to Australian ownership, ends Asia expansion plans The post Mad Mex names Therese Frangie as CEO after founder moves into strategy role appeared first on Inside Retail.

Strategy 246
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Orlebar Brown opens Sydney flagship in Martin Place 

Inside Retail

The brand, founded in 2007 by photographer Adam Brown, identifies four key holiday categories: beach, sport, resort, and coast. Orlebar Brown was acquired by Chanel in 2018, with plans to continue the brand’s worldwide and cross-channel growth.

Boutique 130
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7-Eleven parent to sell Sogo & Seibu for US$1.4 billion – report

Inside Retail

Seven & I announced its plan to sell the chain to focus on its convenience store and supermarket businesses earlier this year. Since 2007, the department chain’s store network has dropped from 28 to 10. It had been in talks with the SoftBank Group-affiliated investment fund to obtain the first refusal right.