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Why the founder of Culture Kings wants retailers to sell with emotion and magic

Inside Retail

Culture Kings is an Australian retail phenomenon, what started as a Carrara market stall in 2008 evolved into an international retailer being listed on the stock exchange with a $600 million valuation. Create the brand, the emotion, the resonance, break [consumers] patterns so they remember you,” concluded Beard.

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“Different journeys”: An inside look at Replay Jeans and Superdry

Inside Retail

It’s been in the market since 2008, and is well established. Superdry is known for its outerwear and winter jackets in particular, and it continues to resonate with the Australian and New Zealand consumer from a wholesale and retail point of view. I’ll start with Superdry. The brand is going from strength to strength. AD : Absolutely.

Strategy 246
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Starbucks Australia pursues plastic-free future with new cup and start-up

Inside Retail

After initially launching here in 2000, it withdrew from the market in 2008, before relaunching that same year under the ownership of the Withers Group. Starbucks Australia confirmed a new way to consume take-away coffee will be created and introduced for Australians in 2024.

Harmony 260
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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008.

Planning 130
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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

Consumer 246
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Last roll of the dice: How tax cuts could help stave off retail failures

Inside Retail

The prediction was pretty much on the mark with sluggish economic growth and stuttering consumer spending a factor in a slew of retail failures. That level of business closures was the highest for any year since the global financial crisis in 2008.

Other 233
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Retail appointments of the week

Inside Retail

Foot Locker hires first chief strategy and transformation officer. Specialty athletic retailer Foot Locker has named Neil Bansal as its first executive vice-president and chief strategy and transformation officer, effective 1 June. When I took this job in 2008, I hoped I would be in this role for five years.

Strategy 130