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Haigh’s CEO to retire after 30 years, first non-family successor named 

Inside Retail

Millard has spent 19 years with the company, beginning as a supply chain manager in 2006 and serving as COO for the past four years. He will remain on the board alongside fourth-generation family members Simon Haigh and Sara Fitzgerald, and will serve as an ambassador for the brand, promoting its legacy and history.

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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

million in 2006 to a $7.8 Berchtold said these five brands had become marginal and non-core but the decision was not enough to stave off the appointment of receivers and manager on October 28 last year. Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4

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Residential development forecasts take the risk out of store location planning

Inside Retail

Traditionally, major retailers worldwide have had to rely on local government data and interpreting planning policies to determine where to land bank for future developments and where to consider rebuilding, upgrading or expanding existing stores. Their insights help communities and decision-makers plan for the future.

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Secrets of selling to the 1 per cent

Inside Retail

billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. Founded as a boutique in 1987, and launched online in 2006, Mytheresa reported €233 million (US$253 million) in net sales in the quarter ending March 31, an impressive 17.6 The US luxury retail market was worth US$134.6

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How Private Equity Failed North America’s Oldest Retailer

Retail Prophet

Not only does the private equity firm use these funds to acquire the target company, but they also charge investors a management fee, normally about 2 percent of the total value of the investment. NRDC acquired Lord & Taylor in 2006, before buying Hudsons Bay, and taking the combined entity public in 2012.

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Exploring the Benefits of a DVD Kiosk Franchise for Business Growth

Small Biz Trends

Lower overhead expenses are crucial for small businesses, allowing for better profitability and easier management of cash flow. As a franchisee, you can generate income without being physically present at the kiosk, providing you the flexibility to pursue other ventures or manage multiple locations under a multi-unit franchising strategy.

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How Elon Musk Built Tesla: The Vision Behind the Electric Revolution

Small Biz Trends

Future Growth Potential: With plans for new vehicle models and energy products, Tesla continues to focus on expansion and technological advancements, setting a roadmap for continued industry leadership. Elon Musk assumed the CEO role in 2008, transitioning Tesla toward robust management necessary for growth.