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Australian doughnut chain Lukumades launches in Singapore 

Inside Retail

Founded in 2016 in Melbourne, Lukumades is known for its loukoumades, which are bite-sized Greek doughnut balls. The new Lukumades Singapore store is a vegan-friendly and Halal-certified location. These vegan doughnuts are offered in various toppings and sauces, priced between $8.50

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Bridal designer Christie Nicole launches first ready-to-wear collection

Inside Retail

There are also two bags with features that shimmer in the light, as well as a 12-piece veil set composed of Italian tulle and ornamented with hand-sewn 3D applique, bows, and pearls. Christie Trowbridge founded Christie Nicole Bridal in 2016 after establishing her luxury lingerie business in 2013.

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As more factories switch to renewable power, Ikea sets new emissions targets

Inside Retail

The 50 per cent reduction target compares with the 2016 financial year, while its prior 15 per cent goal was set in 2017. The company cut its emissions by 12 per cent in the latest financial year as more of its manufacturing facilities switched to fully renewable energy. The 2023 emissions were down 22 per cent compared with 2016.

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How Jeanswest went from VA to Clothing Store of the Year in 12 months

Inside Retail

Jeanswest previously won the Roy Morgan Customer Satisfaction Awards in 2016 and 2017, but Yeung said this time was particularly significant. The post How Jeanswest went from VA to Clothing Store of the Year in 12 months appeared first on Inside Retail. Without [our customers and our team], we wouldn’t have come this far.

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Harrolds exits Pacific Fair after rent negotiations fall through

Inside Retail

The menswear and womenswear store, situated across two levels, was launched in 2016. “We Luxury fashion retailer Harrolds has, effective immediately, shuttered its Pacific Fair, Gold Coast, location after months of negotiations with landlord AMP Capital fell through.

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Roark Capital to buy sandwich chain Subway for up to US$9.55 billion

Inside Retail

The deal contact allows for 12 months for the transaction to be completed, according to the sources. Subway, which has closed thousands of US locations since 2016, said a year ago that it wants to shift away from its current base of small franchisees that own just one or two shops, which tend to be family-run and sometimes barely scrape by.

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Five years after Shark Tank, sportswear startup ONTHEGO collapses

Inside Retail

Founded back in 2010 by Spencer, ONTHEGO then appeared on Channel Ten’s Shark Tank in 2016, securing a $600,000 investment — twice as much as he was asking for. The deal never actually passed the due diligence stage, but thrived in the 12-months following anyway, increasing its valuation by some 250%.