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Pet Circle secures $75 million to fund expansion

Inside Retail

The funding will help support Pet Circle’s growth as it continues to invest in expansion to potentially secure a larger share of the pet supplies market – worth $12 billion annually. The $75 million investment will also allow the firm to maintain its unicorn value, which it acquired in its Series C round in December 2021.

Expansion 241
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Watch titans unite: Rolex acquires Bucherer and aims at pre-owned market

Inside Retail

With Rolex’s reputation in luxury watchmaking and Bucherer’s expansive retail presence across several countries, the union promises to strengthen the symbiotic relationship that has grown since 1924. It’s driving customers into a dark secondary market, where they risk buying a lemon, or, worse, a fake,” he stressed.

Marketing 264
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Analysis: Why Asia’s collectable toy market is only getting started

Inside Retail

Statista estimates China’s collectible toys market was worth around US$1.4 In contrast to the conventional toy market, the customer demographic of collectible toys is dominated by adults. Certain collectable toys have a high rate of return, which has attracted a lot of investors to this market. Rivals are turning up the heat.

Marketing 130
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Meet Safely, a modern self-defense brand founded by women for women

Inside Retail

Due to growing safety concerns, especially for femme-presenting individuals and the elderly, the market for non-lethal self-defense weapons, such as pepper sprays or wearable devices, is expanding, especially in North America. According to Verified Market Research , the self-defense products market was valued at around $2.9

Expansion 130
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Inside Scotch & Soda’s plans for world domination

Inside Retail

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. We are now entering the next chapter of our expansion, which is very exciting, with an acceleration of the internationalisation process.

Planning 246
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How L’Occitane’s Dr Vranjes Firenze aims to grow in Australia and beyond

Inside Retail

Dr Vranjes Firenze’s launch in the Australian market last December through a partnership with David Jones could be a sign of further global expansion to come, following L’Occitane Group’s recent acquisition of the luxury Italian home fragrance brand. Italy, the Middle East and Japan are currently the three main markets for the brand.

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How Petico aims to resurrect Singapore’s Perromart amid pet-care boom

Inside Retail

Creador’s founder and CEO Brahmal Vasudevan said his firm will assist PWI in M&A capabilities and international expansion. COPE invested in PWI in 2021. It has a monthly capacity of 3,000 tonnes, and future expansion is in the works. Petico is in the process of drawing up a meticulous roadmap for its future expansion plans.

Expansion 130