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Lorna Jane’s profit doubles thanks to strong demand for athletic clothing

Inside Retail

Clarkson sold a 40 per cent stake to private equity firm Champ Ventures in 2010 but brought it back in 2020, together with her husband Bill. It peaked at 144 locations in Australia and 35 in the US but has closed its operations in the latter. The brand was founded by Lorna Jane Clarkson in Brisbane and opened its first store in 1989.

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Data: Over 420,000 retail jobs lost since 2010

Retail Gazette

More than 420,000 retail jobs have been lost since 2010, reigniting calls for more to be done to save the high street. GMB National Secretary Andy Prendergast said the high street was at risk of “terminal decline” “High street retail is at the heart of our communities, but customers and workers are denied a fair deal.

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Lovisa CEO Shane Fallscheer exits business after 12 years at the helm

Inside Retail

He was the driving force behind the creation of Lovisa in 2010 and has since then grown the business to over 550 stores, operating across 20 countries, employing over 3,000 team members and with a market capitalisation of circa $2 billion,” said Blundy. The business recently revealed it delivered a relatively strong FY21 , with revenue up 18.9

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Nordstrom Names Ex-Target and Walmart CFO to Top Financial Post

Retail TouchPoints

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. Most recently, she was Chief Administrative Officer and CFO at Bright Health Group. Morris’ most recent role was as SVP of Enterprise Business Services at Walmart.

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Torrid Appoints Retail Veteran as New CEO

Retail TouchPoints

Torrid has appointed Lisa Harper as its new CEO, as current CEO Liz Muñoz steps into a newly created position as Chief Creative Officer (CCO) at the apparel retailer that serves women sizes 10 to 30. The change at the top comes amid a number of leadership shifts taking effect immediately.

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Global Wellness Brand Hyperice Opens its First Pop-Up Store at Harrods

Retail Focus

Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury department store, Harrods. Founded in 2010 by Anthony Katz, Hyperice started as an ice and compression sleeve but has since evolved into a performance and recovery technology movement.

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Nike Promotes Converse Veteran to CEO

Retail TouchPoints

He previously worked at Converse from 2010 to 2013, followed by a year as VP of Strategy for Fanatics. Carver has been with the Converse brand for nearly a decade, most recently as VP/GM for Converse’s North America business, where he unlocked strong growth in the brand’s largest geography.