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L Brands Names New Victoria’s Secret President, Reiterates Spinoff Plans

Retail TouchPoints

Waters, who joined L Brands in 2008 as head of its international division, had been named CEO of Victoria’s Secret Lingerie in November 2020. A plan to take Victoria’s Secret private via a purchase by private equity firm Sycamore Partners that had been announced in February 2020 was scrapped in May.

Planning 263
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Parcel pivot: E-commerce boom behind Australia Post’s shock delivery plan

Inside Retail

Letter deliveries have fallen by two-thirds since 2008 alongside a massive e-commerce fuelled boom in package delivery. The post Parcel pivot: E-commerce boom behind Australia Post’s shock delivery plan appeared first on Inside Retail Australia. But it lost A$200 million ($131.70 from early near year.

Planning 241
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Windsor Fashions to ‘Capitalize on Return to Normalcy’ with 150 New Locations by 2023

Retail TouchPoints

Fast fashion retailer Windsor Fashions is planning to open 150 new stores over the next two years, adding to its current fleet of 230 locations across 42 states in the U.S. The rapid increase in our store expansion plan is an exciting next chapter.”. The company already has opened 10 new locations in the last 12 months.

Fashion 279
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L’Occitane buys Australian skincare brand Grown Alchemist

Inside Retail

Grown Alchemist was founded in 2008 by Melbourne siblings, Jeremy and Keston Muijis, with a focus on futuristic anti-ageing technology and unique botanical skincare formulas for optimal skin health.

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WSJ: Starbucks’ Next CEO Will be External Hire

Retail TouchPoints

This is the third time Schultz has served as Starbucks’ CEO, a role he held from 1986 to 2000, and from 2008 to 2017. Johnson plans to work with the company as a special consultant and remain on its board until September 2022. “In

Returns 278
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Dollar General CEO to Retire, COO Named as Successor

Retail TouchPoints

Vasos joined Dollar General in 2008 as the company’s EVP, Division President and CMO. 3, 2023 — it plans to increase its total workforce by 6% adding approximately 10,000 more new jobs to support its continued expansion, outlined late last year. In 2013, prior to his appointment as CEO, Vasos served as COO.

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Aje Athletica launches flagship store in Westfield Sydney City

Inside Retail

Long term, Aje plans to open 11 Athletica stores across Australia and New Zealand that will exclusively sell the consciously designed athletic wear range. Launched last May, Aje Athletica is an activewear spinoff brand designed to support physical performance and personal well-being. Source: Supplied.

Fashion 246