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Inside Designworks’ four-pronged expansion strategy

Inside Retail

We have 75 per cent market share of sporting equipment in boxing, so online is a growing area that exploded during Covid-19, as everyone was setting up home gyms,” Norton said. “We According to Norton, Designwoks plans to expand in four key areas. The market is holdings its breath. Brooke Norton – Supplied.

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Mad Mex returns to Australian ownership, ends Asia expansion plans

Inside Retail

Mexican restaurant chain, Mad Mex, has acquired back the 50 per cent ownership from its Singapore-based venture partner, 4Fingers International, shifting focus to its home market. In 2018, 4Fingers bought 50 per cent of Mad Mex as part of the Australian Mexican quick-service restaurant brand’s expansion into Asia.

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Ikea unveils US$2.2 billion expansion plan 

Inside Retail

Ikea is planning to invest more than US$2.2 billion in an omnichannel expansion strategy in the US over the next three years. Ikea expects to open eight additional shops, nine Plan & Order points, and create more than 2000 jobs during this first phase of expansion.

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Solomon Lew plans to spin off Peter Alexander and Smiggle next year

Inside Retail

Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. Peter Alexander delivered another record sales of $279.3 million for the half, up 6.7 per cent year on year and up 92.8

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Taiwan’s answer to The RealReal: Behind PopChill’s global expansion plans

Inside Retail

In a move that underscores the burgeoning potential of the Asian luxury market, Taiwan-based second-hand luxury site PopChill has secured US$1.9 With monthly gross merchandise volume (GMV) exceeding US$1 million in Taiwan alone, the platform plans to export its success by addressing specific pain points in online luxury transactions.

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Oakberry eyes Australian expansion after $100 million capital infusion

Inside Retail

Brazilian-founded Acai brand Oakberry is planning to expand its store network across many markets, including Australia, after raising $100 million (US$67 million) in Series C funding. The brand is now exploring co-investment opportunities in Australia and Portugal as additional priority markets for funding allocations.

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How Aussie menswear brand Peter Jackson is suiting up for e-commerce expansion

Inside Retail

Under the leadership of the brand’s marketing director Nick Jackson, the third generation of the family to run the business, Peter Jackson has rolled out a new e-commerce platform, which supports a seamless omnichannel experience for customers across all touchpoints. “All So, we see value in our marketing efforts through that scale.

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