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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. Its valuation surged to over US$4 billion on its first day of trading in November 2021. million in 2021.

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Lush left social media in 2021. Here’s why – and what happened next

Inside Retail

More than ever, consumers are aware and conscious of these topics. The report surveyed 12,000 global consumers on their sentiment towards Big Tech and expectations for brands online. So naturally, as our digital business has become a larger part of our sales mix, our values have evolved to encompass digital ethics.

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Art and upcycling: How Casetify plans to reach 100 stores globally by 2025

Inside Retail

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. According to Kofod, the brand’s e-commerce and bricks-and-mortar stores work in tandem to offer a strong direct-to-consumer presence.

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Consumer spending predictions in 2022

Inside Retail

If the past two years have taught us anything, it’s that being available to consumers across different channels is key to your success. Eighty-five per cent of those polled plan to maintain or increase their online spending levels this year, with 19 per cent expecting to spend ‘a lot more’. Luggage and travel goods will fly.

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Lululemon hits its stride in Asia amid ambitious global growth plans

Inside Retail

In 2021, Lululemon launched Like New, a re-commerce initiative that encourages customers to trade in gently used items in exchange for a gift card, and by 2025, the company aims for at least 75 per cent of its materials to be sustainable. million in 2021 to US$247.48 million by 2028, reflecting a CAGR of 10.5 billion to US$12.5

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‘Go anywhere, get anything’: Uber reveals plans for marketplace

Inside Retail

And it doesn’t plan to stop there. Through Covid lockdowns, we saw a tripling in consumer searches for grocery,” Groeneveld told Inside Retail. Globally, Uber’s new verticals business achieved a US$3 billion run rate in Q1 2021, a 77 per cent lift on Q4 2020, and the ANZ team wants to continue to grow this arm locally.

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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. IR: How are you planning to grow the brand in Asia Pacific? SJ: We realise that most of the impact comes from the materials we use.

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