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Authentic Brands, Owner of Forever 21 and JCPenney, Files for IPO

Retail TouchPoints

Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21 , JCPenney , Aéropostale and Brooks Brothers and bringing them back to life through licensing — is planning to go public. In June 2020, ABG also bought fellow brand management company PVH Corp. ’s

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

With a new retail management solution in place, Burton will now be able to: Deploy mobile POS (mPOS) devices in its stores; Provide store associates with improved visibility into customer, product and inventory data ; and Gain a unified view of its e-Commerce and brick-and-mortar operations at both the store and headquarters levels.

Planning 251
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Top Wish Execs Share Plan for Winning Back Consumers, Beginning with ‘Wishmas’

Retail TouchPoints

When Wish debuted in 2010 it took the U.S. And this is just the first of in a series of shopping events Wish has planned for 2023. Retail TouchPoints: What’s your plan to bring Wish back to the forefront, especially with so many new competitors in the space now? A merchandising function also didn’t exist.

Planning 311
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City of Sydney confirms Chinatown revamp

Inside Retail

The City of Sydney council has approved a new plan to upgrade Dixon Street Mall in the Chinatown precinct, including spending $5 million on public amenities. The reinvigoration will include restoring its framed gates, and installing new seats and lighting overlays along with improved services to support events.

Returns 264
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Primark unveils plans to extend Metrocentre store

Retail Focus

Primark first joined Metrocentre nearly 20 years ago, before relocating into its current site in 2010. Ben Cox, Senior Asset Manager at Sovereign Centros, commented: “ 2024 has started just how 2023 finished – with major retailers committing to new, enhanced space at Metrocentre.

Planning 147
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Denim brand Ksubi to open first standalone store in London

Inside Retail

Ksubi, the Australian denim streetwear brand, plans to open three standalone stores on two continents before the end of this year. Next year, the brand will mark its return home to its Australian roots, with stores planned for Sydney and Melbourne. .

Boutique 245
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Former L’Oréal Australia MD goes all in on natural skincare

Inside Retail

During Mark Tucker’s tenure as managing director of L’Oréal Australia from 2002 to 2010, annual revenue grew from $12 million to more than $400 million. Tata Harper, a clean beauty brand started in the US in 2010, is valued at over US$65 million today. The same goes for wholesale partnerships.