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Digital ad revenues see biggest jump since 2006

Retail Wire

were up 35 percent, the biggest percentage gain since 2006, according to a report from the Interactive Advertising Bureau and PricewaterhouseCoopers. Digital ad revenues last year in the U.S. Advertising on digital music and podcasts grew even more rapidly at 58 percent.

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Ethical fashion label Arnsdorf closes

Inside Retail

” Arnott founded Arnsdorf in 2006 and established a following across Australia, North America, and Europe. . “Personally, I feel like there is still so much to do, explore, and experience for me to live fully aligned with my highest potential,” Arnsdorf founder and designer Jade Sarita Arnott said in an Instagram post.

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PacSun Names Co-CEOs and New President

Retail TouchPoints

Chang has been President of PacSun since 2018 and has served in multiple senior positions since joining the company in 2006. Like Chang, Olson joined PacSun in 2006 and held multiple senior positions before being named Chief Brand Officer in July 2020.

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Gami Chicken and Beer’s sales surge amid healthier options rollout

Inside Retail

The restaurant, first launched in 2006, saw sales growth of 172 per cent from June to December, thanks to the addition of individual menu items. Korean restaurant chain Gami Chicken and Beer saw its sales more than doubled in the second half of last year, upon the introduction of healthier menu options.

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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia. TDM Growth Partners will hold a 29.7 per cent stake in the company post-IPO, while co-founder and co-CEO Steven Marks will control 9.9 Barrenjoey Capital will hold 9.6 per cent, and chairman Guy Russo will control 5.6

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Direct Chemist Outlet opens 100th store in Australia

Inside Retail

Established in 2006, the retailer operates in both metropolitan and regional areas and sells a variety of health and beauty products and services. Pharmacy chain Direct Chemist Outlet has opened its 100th store – in Reservoir, Victoria.

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Forever New signs three-store deal in Kuwait

Inside Retail

Founded in Melbourne in 2006, the brand is known for its wearable and timeless collections that celebrate modern femininity, with over 400 retail and concession stores globally and over 30 million visitors to its websites each year. The collaboration will also expand Forever New’s online presence to 6thStreet.com in the UAE.

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