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Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

Brazilian-founded Acai brand Oakberry is planning to expand its store network across many markets, including Australia, after raising $100 million (US$67 million) in Series C funding. Founded in 2016, Oakberry currently has approximately 700 stores across more than 40 countries.

Expansion 162
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Luxe-for-less leader MCoBeauty talks international expansion

Inside Retail

Founded in 2016, luxe-for-less beauty brand MCoBeauty has seen massive growth over the past several years, and is expecting revenue growth of up to 90 per cent in 2023. With international expansion on the horizon, we sat down with founder and CEO Shelley Sullivan to talk through the brand’s journey, as well as what makes it tick.

Expansion 245
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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Furthermore, Apple is reportedly planning to open three additional stores in the coming years to strengthen its offline presence in India.

Expansion 130
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Liquor Loot collapses into administration amid cash flow problems 

Inside Retail

Spring added he plans to trade the business through the administration process and is optimistic about the future of the company. Founded in 2016 by Joel Hauer, Liquor Loot offers subscription boxes and tasking packs that allow customers to try new spirits without having to purchase a full-sized bottle.

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Carl’s Jr. new master franchise plans 27 new stores this year

Inside Retail

The burger brand’s parent company CKE Restaurants Holdings has signed an agreement with CJ’s QSR (Franchise) Group, which will now oversee expansion of the US brand across the country. This decision reflects CKE’s global ambitions, commitment to Australia and the desire for a rapid pace of expansion.”. Since introducing Carl’s Jr.

Planning 246
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Mitchell & Ness Has Big Plans for Store Expansion

VMS

Mitchell & Ness (Philadelphia) is planning to significantly increase its physical footprint with five to six store openings in the U.S. The 117-year-old purveyor of heritage sports apparel was acquired from Adidas by a private equity firm in 2016. Two or three of those stores will open next year, and the rest will open in 2023.

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US entrepreneur snaps up Pizza Hut Australia

Inside Retail

The investment marks Flynn’s first international expansion beyond its US network of franchisee operations. Brands in 2016, Allegro has grown Pizza Hut Australia’s franchised store network to nearly 260. The US group also plans to expand its global reach further with new concepts and markets.

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