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Parcel pivot: E-commerce boom behind Australia Post’s shock delivery plan

Inside Retail

Letter deliveries have fallen by two-thirds since 2008 alongside a massive e-commerce fuelled boom in package delivery. The post Parcel pivot: E-commerce boom behind Australia Post’s shock delivery plan appeared first on Inside Retail Australia. But it lost A$200 million ($131.70 from early near year.

Planning 241
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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008. Pedal Group owns two separate businesses in the bicycle industry, 99 Bikes, a direct-to-consumer (DTC) retail operation, and Advance Traders, a bicycle wholesale business that the group acquired in July 2008. “At

Planning 130
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Chinese fashion retailer Shein revives plan for New York listing

Inside Retail

Chinese fashion retailer Shein is reviving plans to list in New York this year and its founder is considering a citizenship change to bypass proposed tougher rules for offshore IPOs in China, two people familiar with the matter said. Both sources declined to be named as the plans are confidential.

Planning 130
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L’Occitane buys Australian skincare brand Grown Alchemist

Inside Retail

Grown Alchemist was founded in 2008 by Melbourne siblings, Jeremy and Keston Muijis, with a focus on futuristic anti-ageing technology and unique botanical skincare formulas for optimal skin health.

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Aje Athletica launches flagship store in Westfield Sydney City

Inside Retail

Long term, Aje plans to open 11 Athletica stores across Australia and New Zealand that will exclusively sell the consciously designed athletic wear range. Launched last May, Aje Athletica is an activewear spinoff brand designed to support physical performance and personal well-being. Source: Supplied.

Fashion 246
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Camilla CEO: ‘I definitely didn’t have a grand career master plan’

Inside Retail

JM: I definitely didn’t have a grand career master plan. I could have done a bit more due diligence beforehand, but it was a quick MBA in [being a] CEO because I took up my first CEO role in the middle of 2008 at the start of the GFC. PZ: Were you naturally an ambitious person?

Planning 130
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Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

This will be the first time Peter Alexander ventures outside of Australia and New Zealand since its failed entry into the US market in 2008. The pyjama brand and its mascot Penny are set to touchdown in the United Kingdom with two bricks-and-mortar stores and a dedicated UK website just in time for the Christmas shopping period this year.

Expansion 243