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Pop Mart profit more than doubles as global expansion continues

Inside Retail

The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores. Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year.

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“The goal is to be in thousands of retailers”: Edible Blooms’ expansion strategy

Inside Retail

“You could say we’re like a florist, but you get to eat our bouquets when they arrive, so it’s a product that combines the best of gift-giving and floral giving in one delivery,” Edible Blooms co-founder and managing director, Kelly Jamieson, said. Strawberries are dipped in chocolate and presented in a gift box. “We

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Australian gift-delivery retailer LVLY names new CEO

Inside Retail

Australia’s gift delivery retailer LVLY has appointed its advisor, David Robinson, as the new CEO as co-founder Hannah Spilva joins Limitless Technology Group. Founded by Hannah Spilva and Verity Tuck in 2014, LVLY provides gift delivery services in Australia.

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Dusk plans expansion ahead of Christmas

Inside Retail

Our reputation as a gifting destination continued to grow beyond key gifting periods and seasonal celebrations reflecting our focus on targeted promotional activity and increased investment in gift sets.”. The post Dusk plans expansion ahead of Christmas appeared first on Inside Retail.

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Former Mastercard exec to head up e-gift retailer Prezzee

Inside Retail

Global e-gift card and payment platform Prezzee has announced the appointment of CEO Jamie Samaha. In his tenure, Karp oversaw the growth of the digital gift card company across Australia and its expansion into North America, UK and New Zealand.

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How demographics are driving Milligram’s physical retail expansion

Inside Retail

It could come through bundling, a gift with purchase or free shipping, he said. The post How demographics are driving Milligram’s physical retail expansion appeared first on Inside Retail Australia. To navigate these challenges, Druce said Milligram will look at providing its customers with more value but will avoid discounting.

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Expansion costs eat into Toys ‘R’ Us profit

Inside Retail

Children’s goods retailer Toys ‘R’ Us has reported a slip in half-year profits impacted by its expansion in the UK and setting up of its Australian operations. Further reading: UK expansion boosts December trading for Toys ‘R’ Us The post Expansion costs eat into Toys ‘R’ Us profit appeared first on Inside Retail.

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