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

Inside Retail

Its valuation surged to over US$4 billion on its first day of trading in November 2021. In a call with analysts on March 12, Zwillinger stated that the company plans to close between 10 and 15 underperforming US stores in 2024, about a third of its total number. million in 2021. million in 2022, or 56 per cent of total revenue.

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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. The program will include plans to upcycle donated phone cases as part of the manufacturing process in order to develop new cases.

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Plans for Oxford Street’s £150 Million redevelopment revealed

Retail Focus

Oxford Circus will be transformed into two, pedestrian-friendly piazzas as part of plans unveiled by Westminster City Council and The Crown Estate today. The launch of the RIBA International Design Competition in Summer 2021 to deliver the final scheme, ensuring ‘world class’ designs and value for money.

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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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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? We aim to improve season after season.

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Why Asian e-commerce giant GoTo is cutting costs despite top-line growth

Inside Retail

For GoTo, the company formed in May 2021 by a merger between Tokopedia and Gojek, 2022 is shaping up to be the year that it has made serious strides toward profitability. per cent in 2021. per cent in the first 9 months of 2021. Part of the spending was aimed at poaching the best talent from other companies.

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Re-purpose, recycle, repeat: Harris Farm reveals plans for 2022

Inside Retail

In early 2021, Harris Farm Markets ran a Regenerative Agriculture campaign, which educated customers about environmentally aware food production, while also encouraging farmers and producers to adopt methods that actively reduce carbon emissions. ” More expansion plans for 2022. An old market trend is back on top.

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