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Alibaba CEO and Chairman to Focus on Ecommerce Giant’s Cloud Unit

Retail TouchPoints

Daniel Zhang, currently Chairman and CEO of the entire Alibaba Group , will narrow his focus to the Alibaba Cloud Intelligence Group, which the company plans to spin off as its own independently listed company. The company plans to split into six groups, each with its own leadership and financial structure.

Planning 278
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Vera Bradley Names Chief Growth Officer to Drive Pura Vida’s Next Stage of Development

Retail TouchPoints

Andrews will join the digitally native brand’s Co-founders Griffin Thall and Paul Goodman in leading Pura Vida to the next level of growth, with plans for new performance-based marketing initiatives, the launch of new sales channels and category expansion.

Boutique 235
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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

Noni B had struggled for sales growth from 2007 with earnings tumbling from $8.2 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. million, but Noni B’s best days were behind it. million in 2006 to a $7.8

Fashion 147
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Adairs MD and CEO Mark Ronan resigns

Inside Retail

Having joined Adairs as finance manager in September 2007, Ronan has transitioned over the years into merchandise planning manager, head of retail operations, and then COO until being appointed CEO in November 2016. ” The post Adairs MD and CEO Mark Ronan resigns appeared first on Inside Retail Australia.

Finance 162
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“The timing is right”: Inside the $3bn beverage group launching in Oceania

Inside Retail

Since 2007, CCEP has produced and distributed Beam Suntory’s brand portfolio across Australia, which includes products such as Jim Beam, Maker’s Mark and Canadian Club, as well as a number of ready-to-drink options and non-alcoholic beverages.

Planning 245
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Meet the Aussie furniture brand that just opened a global flagship in NYC

Inside Retail

Nicholas officially started working for the family business in 2001, initially as the production manager before moving on to his role as design and development director in 2007. Harbour’s sales have grown 250 per cent since 2020, the brand stated, a pace the company plans to continue moving at through next year.

Outdoor 246
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Chop and change Acquired in 2007 along with Coles and Kmart, Target started off in a strong position in Wesfarmers’ stable. Wesfarmers ultimately didn’t move forward with that plan, and instead decided to double down and invest in Kmart and Target independently. We’ve done a lot of listening to customers.