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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. “The growth of the overseas market has given us great confidence,” said chairman and CEO Wang Ning.

Expansion 263
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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. He also held chief marketing officer and group executive digital at David Jones.

Gifts 147
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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

Strategy 130
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How demographics are driving Milligram’s physical retail expansion

Inside Retail

It’s the desire for high quality and a passion for sustainability driving market trends in Milligram’s space, Druce said. “We Also driving trends in its market is the omnichannel experience, he said. It could come through bundling, a gift with purchase or free shipping, he said. We’re also constantly reviewing the range.

Expansion 130
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With new store, Nere seeks to elevate travel for the mass market

Inside Retail

Australian luggage brand Nere is anticipating strong sales this holiday season, thanks to the ongoing travel boom, growing appeal of practical gifts like suitcases, and high-profile location of its first stand-alone store, which opened in November. Global expansion ahead Since Nere first launched in 2022, it has sold about 1.6

Marketing 246
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UK expansion boosts December trading for Toys ‘R’ Us

Inside Retail

Children’s goods retailer Toys ‘R’ Us says UK expansion has boosted combined order values in the two months to December 31 last year. The company says its expansion into the UK represents a significant “near-term growth opportunity” for the Toys’R’ Us brand. billion (£3.7 billion (£3.4

Expansion 130
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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. In the medium term, the company aims to achieve a 5 per cent market penetration in the toys, baby and hobby market in all of its licensed regions. per cent to $5.2

Expansion 130