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Retail’s IPO recalibration: From scaling fast to chasing sustainable growth

Inside Retail

The recent decision by direct-to-consumer furniture darling, Koala , to pause its $100 million IPO is emblematic of a broader recalibration taking place across the sector. Temple & Webster, an early mover in Australia’s online furniture market, listed in 2015, the same year Koala launched, with a $61.5 million IPO.

Finance 195
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Dude Wipes secures private equity investment

Retail Dive

Dive Brief: Dude Wipes on Monday announced a “strategic growth investment” from TSG Consumer Partners for an undisclosed amount. Early investor Mark Cuban, who secured a 25% stake in the company for $300,000 in 2015 on ABC’s “Shark Tank,” also retains a share of the flushable wipes brand. Please let us know if you have feedback.

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How Elon Musk Built Tesla: The Vision Behind the Electric Revolution

Small Biz Trends

Technological Advancements: Innovations in battery technology and autonomous driving have positioned Tesla at the forefront of the market, demonstrating the critical role of cutting-edge tech in consumer appeal. You’ll find Tesla pioneered mass production techniques, making EVs more accessible and appealing to the average consumer.

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Tapestry Hires VF Corp. Veteran as New CFO

Retail TouchPoints

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. a position he has held since April 2015. With a grounding in brand and operational finance roles, he manages from a commercial mindset balanced with enterprise thinking. Tapestry has named Scott A.

Finance 264
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The Next Generation of Shoppers Needs a Next-Generation Strategy

Retail TouchPoints

This is an excellent opportunity for retailers to give young shoppers financing options — including a store credit card, an installment loan or a buy now, pay later product. But an online presence is necessary, as consumers typically research and review before purchasing. And they represent a market segment that retailers can’t ignore.

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Former Conn’s CEO Takes Back the Reins

Retail TouchPoints

Miller led the home goods retailer as President and CEO from September 2015 to August 2021, when Holt took over. Miller has been a member of the Board of Directors since September 2015 and will continue to serve as a member of the Board during his latest turn at the helm.

Finance 274
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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Amazon has named 17-year company veteran Doug Herrington to the renamed role of CEO of Worldwide Amazon Stores, filling the position left vacant by former CEO of the Worldwide Consumer Dave Clark. Since 2015, Herrington has served as Amazon’s SVP of the North America Consumer.