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Drummond Golf put up for sale after 22 years

Inside Retail

Mark and Ravi Abeyaratne bought the franchise alongside a small group of shareholders in 2002. Founded in 1974 in Victoria, Drummond sells golfing equipment and apparel with a franchise network of 50 stores across Australia. The company is planning to increase earnings to $12.6

Wholesale 306
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Ames Department Stores will be back in 2023

Retail Wire

The Ames Department Stores discount chain, founded in Massachusetts in 1958, ran over 700 stores in 20 states at its peak but after a couple of bankruptcy filings went out of business in 2002. Recently, however, a notice appeared on amesstores.com announcing that new Ames stores will open in 2023.

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Australian companies face more climate-focused resolutions than ever before

Inside Retail

Our analysis of shareholder ESG resolutions put forward in listed Australian companies between 2002 and 2019 finds they have increased in number, prominence and impact. of the resolutions, with the 139 resolutions recorded between 2002 and the first part of 2021 concentrated in only 28 companies. Shareholder ESG Resolutions per year.

Finance 246
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True Religion Embarks on ‘Exciting New Chapter’ with New Owner

Retail TouchPoints

The brand, which was founded in 2002, will continue to operate independently out of its headquarters in Gardena, Calif. Acon Investments has purchased a controlling stake in the True Religion apparel brand for an undisclosed amount.

Apparel 229
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New Balance opens its first ‘Grey Store’ in Asia Pacific

Inside Retail

As an Australian first, the Galeries Grey store will have all the classic New Balance favourites including the 550’s, 990’s and 2002’s – as well as some of our newer products, like the futuristic WRPD shoe.”

Apparel 264
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The Alcohol E-commerce Battle Heats Up. Are Retailers Prepared?

Intelligence Node

The IWSR reported the largest gain in sales volumes across the US since 2002, with an accelerated adoption rate for […]. 5 Steps to Grow Your Online Alcohol Sales It’s no secret that the pandemic has pushed the needle on alcohol sales across the world, forcing retailers to migrate to digital and omnichannel formats almost overnight.

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Ginger & Smart trims network under ‘strategic’ administration

Inside Retail

Founded in 2002 by Sydney-based sisters Alexandra and Genevieve Smart, private-equity investor Alquemie Group took a majority stake in the business in 2019. “All other physical stores, concession stores in David Jones nationally and the online store remain open and continue to trade.”

Boutique 246