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Allbirds IPO to Value Retailer at $2.2 Billion

Retail TouchPoints

million shares of its stock at $12 to $14 per share. At the higher price, the sustainable footwear and apparel company could achieve a valuation as high as $2.2 Allbirds has filed for an IPO, with plans to sell 19.2 The company has not yet set a date for the IPO.

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NOBULL Announces Launch of First Permanent Concept Store in Europe at Battersea Power Station

Retail Focus

Founded in Boston in 2015, NOBULL is a footwear, apparel and accessory brand with a strong global community. NOBULL will have a diverse calendar of events at Battersea Power Station that will allow the community to train together, socialize with other fitness enthusiasts, and attend a variety of workshops.

ATS 300
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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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Luxury brand Hermès targeted by animal rights protestors

Inside Retail

The latest footage comes from farms in the Northern Territory, at a time when the business is looking to expand its saltwater crocodile farms in the region, which could see as many as 50,000 crocodiles farmed for their skin. The post Luxury brand Hermès targeted by animal rights protestors appeared first on Inside Retail.

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Sustainability at Retail

So much so that, in 2015, the United Nations (UN) issued a call for action by all countries to work toward sustainable development. In response to this and as part of a global Sustainability at Retail initiative, Shop! Sustainability impacts every nation, company, and person around the world.

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Why demand for Akubra hats is at an all time high

Inside Retail

Demand is at an all time high and there’s now a six-to-eight week backlog at the brand’s manufacturing facility in Kempsey, NSW. “We It was at that point that we had a huge spike in sales and started growing quite rapidly,” Angus said. The post Why demand for Akubra hats is at an all time high appeared first on Inside Retail.

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‘Systematic failure’: 85 Degrees franchisor fined $1.44 million for wage theft 

Inside Retail

million for underpayments at its franchisee outlets in Sydney. The FWO discovered the contraventions when it conducted proactive audits at the company. The FWO discovered the contraventions when it conducted proactive audits at the company. The franchisor of the 85 Degrees cafe chain in Australia has been fined $1.44

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