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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Electric shock to profits The popularity of electric bikes and scooters has been a key driver of revenue for the business recently, with electric bikes accounting for 99 Bike’s biggest growth category. “We A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008.

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

While the NRF has yet to release its total sales projections for the season, its early consumer research reveals that consumers plan to spend an average of $875 this holiday season, in line with the five-year average — and most of that money will be spent online. Create digital synergy. Allow associates to focus on their strengths.

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Mirakl Rakes in $555M in New Funding as Online Marketplaces Boom

Retail TouchPoints

A staggering 47% of all ecommerce sales worldwide in 2020 were made on marketplaces, according to WebRetailer , and Alvarez & Marsal predicts that marketplace sales worldwide will account for $5 trillion by 2025.

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

Here, we speak with CEO Craig King about the business’ revitalisation under General Pants, its in-store experience, plans for expansion in Australia, the UK and US, and the magic behind the number 23. They got a lot of attention really quickly, and they got some good accounts. In 2008, they actually went into administration.

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Top 4 Shopping Events during 4th Qtr. (and How Product Brands Can Make the Most of Them)

Retail Bound

Annual financial goals: For many businesses, the revenue generated in Q4 can account for a significant chunk—some reports claim as much as 30%—of their annual sales. Many purchases are carefully planned as consumers actively track deals several weeks in advance. Mobile devices now account for the majority of Cyber Monday purchases.

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“I learned that people had a lot of bag problems”: CEO on launching Dagne Dover

Inside Retail

MM: At Coach, I had managed brick-and-mortar wholesale accounts and I was part of a three-person team that launched the wholesale e-commerce channel. I learned a lot about managing those businesses through the unpredictable and challenging global financial crisis of 2008.

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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end specialty labels were still turning up their noses at digital. And because those wholesale relationships were so central to Natori’s business, losing or seeing a significant pullback from even one account would have been a big blow.

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