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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

This year, the group has closed three stores in New Zealand and in the highly competitive UK market, two closures are planned. In Australia in contrast, two new openings are planned in Pimpama, Queensland, and Perth by 2025. Garnsworthy believes that 99 Bikes will return to opening five to six stores annually in the future.

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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Furthermore, Apple is reportedly planning to open three additional stores in the coming years to strengthen its offline presence in India.

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Case-Real contrasts plaster and steel inside Aesop store in Shinjuku

Dezeen

The locally based studio decided to use two contrasting materials that it felt reflected the dichotomy of natural and artificial – plaster and steel. Lighting plan: BRANCH lighting design (Tatsuki Nakamura). The post Case-Real contrasts plaster and steel inside Aesop store in Shinjuku appeared first on Dezeen.

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One in four SMEs across nine countries plan to offer crypto payments

Inside Retail

Almost a quarter of small businesses in nine countries around the world plan to accept digital currencies as a form of payment in 2022, while 13 per cent of consumers in those countries expect retail stores to begin offering crypto payments this year and beyond, according to a survey by Visa Inc.

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Exclusive: Vietnamese fashion operator eyes international expansion plan

Inside Retail

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. It is targeting 30 per cent annual sales growth by 2025. Since then, the brand has opened 10 more.

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From sprinters to sneakers: How Puma aims to tap into ‘halo effect’ of Olympians

Inside Retail

Puma’s latest running spikes for its Olympic sprinters and hurdlers are in a bright orange hue tinged with pink, which was picked for the distinct contrast it creates against the blue of the athletics track, according to Puma’s senior head of innovation Romain Girard.

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Recent “Anti-ESG” Sentiments Drive US State Policy Development (with a contrasting view from the UK and a note on the Asian perspective)

Eye on ESG

Anti-ESG bills targeting financial institutions generally seek to prohibit state agencies from doing business with and/or investing state assets (commonly state pension plans) with financial institutions that are seen to discriminate by choosing not to invest in certain industries based on environmental or social concerns.