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Five years after Shark Tank, sportswear startup ONTHEGO collapses

Inside Retail

The deal never actually passed the due diligence stage, but thrived in the 12-months following anyway, increasing its valuation by some 250%. ONTHEGO partnered with Workwear Group , a subsidiary of Wesfarmers, in 2018, with Wesfarmers taking a 5% stake in the business.

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Mad Mex returns to Australian ownership, ends Asia expansion plans

Inside Retail

In 2018, 4Fingers bought 50 per cent of Mad Mex as part of the Australian Mexican quick-service restaurant brand’s expansion into Asia. Despite the disruption in the Asian market, Mad Mex has been able to open 11 new restaurants across Australia in the past 12 months.

Expansion 246
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Barber Design review of the year 2018

Barber Design

We’ve had another great year at Barber Design and this week we are taking some time to reflect on some of our achievements over the last 12 months. The post Barber Design review of the year 2018 appeared first on Barber Design.

Design 52
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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.

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Indigenous business sector a significant, growing contributor to the economy

Inside Retail

In the 12 years to 2018, the sector saw a 115 per cent lift in gross income to $4.88 The call comes in the wake findings from the University of Melbourne which revealed that indigenous businesses’ contribution to the economy has more than doubled, making it one of the fastest-growing secors in Australia.

Other 246
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Youswim founder talks inclusive sizing and innovation in the swimwear market

Inside Retail

Life partners and Youswim co-founders Elise Wallbank and Julian Tali launched the UK-based brand Youswim in 2018 to forever change size inclusivity and modernise sustainability in the swimwear market. IR : What are your top areas of focus for the brand over the next 12 months? Every day I feel like both are compromised.

Marketing 130
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Black Friday 2018 – how did retailers fare with our new shopping tradition this year?

Barber Design

By 3pm on Black Friday Barclaycard had seen 10% more transactions than the previous year but the value of spending was down by 12% – suggesting that Brits are being more thrifty and focusing more on bargains. The post Black Friday 2018 – how did retailers fare with our new shopping tradition this year?