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Superdry in talks to secure funding for turnaround plan

Inside Retail

Apparel brand Superdry has confirmed it is in discussions with financial services company Hilco regarding additional funding to support its turnaround efforts. million) for the implementation of its ongoing turnaround plan and cost reduction program. According to Reuters , the brand reported a 13.7

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Mosaic plans 40 new mega stores after network cull spurs profit turnaround

Inside Retail

Mosaic Brands, the Australian apparel retail group, says it will open 40 new large-sized ‘mega stores’ this financial year as it transitions into what it describes as “a more ageless, value-driven, big-box retailer”. The plans were revealed along with the group’s annual result which saw a $33.5 million turnaround from a loss of $16.4

Planning 241
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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas. IR: Are you also able to discuss how Reebok is planning to combat intense cost-of-living pressures at the moment? IR: What excites you most about Reebok moving forward?

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

Inside Retail

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. Its valuation surged to over US$4 billion on its first day of trading in November 2021.

Planning 130
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Asics plans giant strides in “cutthroat” Indian market

Inside Retail

It’s a relatively new entrant to the market, compared to other brands such as Nike and Puma, but it’s got plans to fast-track its presence in the region. The brand currently has 74 stores in the country, and there are plans to expand the network further. A bright future.

Planning 130
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Here are some of the reasons why Lew might be looking to break up Premier

Inside Retail

Alternatively, the potential breakup could just be a case of prudent estate planning given Lew is now 78 years of age and one of Australia’s wealthiest individuals. The timing tends to infer that Murray was not keen on the breakup plan or didn’t see a suitable role for himself in the future. billion to $1.64

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How major brands like Kmart and H&M plan to boost garment worker wages

Inside Retail

According to Miran Ali, managing director of Tarasima Apparel, one of Bangladesh’s major manufacturers, a major issue is the employer’s capacity to pay wages. The post How major brands like Kmart and H&M plan to boost garment worker wages appeared first on Inside Retail. Beyond wages.

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