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Inside Designworks’ four-pronged expansion strategy

Inside Retail

According to Norton, Designwoks plans to expand in four key areas. They include new brands and licences, developing and progressing its own brands, expanding its category offerings for the licences it already holds, and expansion outside of Australia and New Zealand. per cent, year-on-year retail sales growth in August 2022.

Expansion 246
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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Just two new openings are planned for this year: VMM Grand Park, a Mega Mall in District 9, Ho Chi Minh City; and a Vincom Plaza in Ha Giang in the far north, near the Chinese border. More significantly, sales are now 27 per cent above the level of the first quarter in 2019. Both are expected to open in the fourth quarter.

Expansion 130
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“Makes sense on paper”: Premier backs spinoff, but analysts have doubts

Inside Retail

Solomon Lew’s plan to spin off Premier Retail into individual business units, announced in August, appears to be moving full steam ahead, as kids’ stationery brand Smiggle and sleepwear brand Peter Alexander investigate potential international expansions. Lew wouldn’t disclose who Premier Retail’s partner in UAE is.

Expansion 259
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Recipe for success: Impossible Foods eyes expansion in Asia

Inside Retail

So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. Our market share is up almost 6 per cent compared to a year ago, from roughly 9 share points to 14,” Laurent Stévenart, Singapore’s country manager for Impossible Foods, told Inside Retail. We’ve got a lot of exciting growth planned for 2022 and beyond.

Expansion 130
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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. Sales have increased by around $1.5

Expansion 246
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Netflix plans to build brands that span far beyond streaming

Inside Retail

The franchise strategy, details of which are reported here for the first time, is meant to complement Netflix’s efforts to build a vast library of original programming with something for every taste. Does it sustain that kind of expansion?” A “Stranger Things” spin-off series and stage play are in the works.

Planning 130
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How US Polo Assn blends sport and retail to drive billions in global sales

Inside Retail

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4

Strategy 147