Remove category mergers-acquisitions
article thumbnail

No one will escape: Industry leaders on navigating the retail recession

Inside Retail

However, most discretionary categories have dropped significantly compared to 2022. Regarding his own businesses, Brookes is reducing profitability expectations over the next 12 months, and focusing on investments in acquisitions and new stores, as well as pricing and marketing strategies.

Consumer 246
article thumbnail

A year of contradictions and change: 2024 Australian Retail Outlook

Inside Retail

Big changes all around The retail playing field also underwent major changes in 2023, with multiple acquisitions and mergers. In August, global private equity firm Advent International acquired a majority stake in designer dress label Zimmermann, reportedly for well over $1 billion. Other sectors were also busy.

article thumbnail

‘The door is open’: Why Larry Kestelman is going all in on retail

Inside Retail

We spoke with LK Group’s Larry Kestelman about his recent acquisition of Brand Collective and what kinds of retail brands he’s looking to acquire next. IR: So when it comes to future acquisitions, are you more interested in brands and business with portfolios of brands, rather than a multi-brand retail business?