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Growth potential is not enough: Why Amer Sports’ IPO fell short

Inside Retail

The sporting goods conglomerate has a unique proposition with its broad portfolio of 11 brands that include Wilson Sporting Goods, Salomon and Arc’teryx. The originally Finnish company was acquired back in 2019 by a consortium led by Chinese sportswear giant Anta and has since doubled the size of its business.

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Appointments of the week

Inside Retail

V2Food co-founder steps down as CEO By Rakshnna Pattabiraman Australian plant-based alt-meat company V2Food’s co-founder Hazell confirmed on LinkedIn this week that he had stepped down as CEO after four years with the company to pursue other opportunities. It is now time to step down as CEO: V2 is in good hands.”

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What luxury retailers need to know to succeed in the year ahead

Inside Retail

By 2021, luxury sales had fully recovered, rising 32 per cent to surpass 2019 numbers. The year 2022 was the second consecutive one of double-digit sales growth after the pandemic, with sales up 20 per cent, supporting 24 per cent growth in the 2019-22 period. What a difference a year makes.

Jewelry 228
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Coles pockets $1 billion profit as Smarter Selling pays off

Inside Retail

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. per cent and in 2019 it was 3.4 As their Ocado automated fulfilment centres come on line, we can expect greater growth and penetration of online.”.

Shopping 246
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Is a marketplace the silver bullet for Baby Bunting?

Inside Retail

million, up 11 per cent on the prior year. Hoekman, like many others in the industry, also noted that customers’ average order value has fallen in the last few months as they trade down into less-expensive alternative products. That could be difficult with relatively niche product lines such as baby goods.

Expansion 130
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Battered luggage brands hope travel makes a big comeback

Inside Retail

The retailer, which used to sell household names such as Samsonite and American Tourister across its 11 stores, was unable to recover from India’s first lockdown in March of 2020. Sales of its popular weekender bag increased by four times and its tote sales doubled, compared with 2019. Luxury luggage brands were vulnerable, too.

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How to Attract College Students Online

Parcel Pending

As we continue to navigate health and safety guidelines associated with in-person events, here are the top strategies for marketing your college to prospective students online. A great tour includes question and answer sessions with professors, college graduates, and other students. Create Virtual Tours.