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Inside Guzman y Gomez’s plan to reach $500 million in revenue

Inside Retail

Mexican fast food chain Guzman y Gomez (GYG) is planning to open an additional 30 drive-thrus in Australia over the next 12 months, which will bring the company’s total store count to over 180 locations across Australia, Singapore, Japan and the US. GYG plans to have another three to four stores up and running in the US by the end of 2021.

Planning 237
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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

Fast food restaurant chain Guzman Y Gomez is planning an IPO on the ASX next month at a $2.2 The firm plans to use the float proceeds to fund growth and network expansion in Australia. Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia. billion valuation.

Planning 263
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Mango Plans to Operate 42 U.S. Stores by Year End, 20+ More in 2025

Retail TouchPoints

one of its three main markets by 2026, Mango plans to operate 42 stores in the country by the end of 2024. The apparel retailer also plans to open more than 20 locations next year, primarily in the Sun Belt and Northeast, according to CNBC. Moving toward its goal of making the U.S. stores by the end of 2025.

Planning 167
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Adidas Divests Reebok, Plans to Focus on Flagship Brand

Retail TouchPoints

Adidas initially acquired Reebok in 2006 and implemented the “Muscle Up” turnaround plan in 2016. More details on adidas’ strategic business plan through 2025 will be unveiled at the company’s virtual Investor and Media Day on March 10, 2021.

Planning 176
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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. As Co-CEOs, Chang and Relich will have distinct oversight of key business functions.

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UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up

Retail TouchPoints

Sharing its FY2023 plans in an April 2022 statement, Fast Retailing, which also owns fashion brand Theory , noted that it was inspired by the strength of the North American market. Launched in 2006, the company currently operates 450 locations. “It in a statement.

Marketing 289
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Sephora North America Promotes Veteran Exec to President and Future CEO

Retail TouchPoints

She will succeed current President Jean-André Rougeot, who plans to retire in April 2024, at which time Patrick will become the CEO of Sephora North America — the beauty retailer’s first female CEO.