Freshly Squeezed: 18.11.19

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By Published On: November 18, 20190 Comments

Cotton On expands to Vietnam and Australia Post launches a partnership with Doddle. Get a healthy dose of news as we uncover the day’s top stories in e-commerce and retail.

Greenlit Brands Sells Four of its Brands to Allegro Funds

Greenlit Brands has sold four of its brands to Allegro Funds. The four include Best & Less, Harris Scarfe, Postie and Debenhams Australia. The latter is planning to close its only Australian store in early 2020. “Disposal of the general merchandise business is a significant strategic initiative which will allow Greenlit Brands to concentrate on its core household goods brands and optimise their already-strong position in the Australian and New Zealand markets,” explained Michael Ford, the Executive Chairman and Group Chief Executive of Greenlit Brands.

“At the same time, the businesses will now join a group with a very strong track record in building and enhancing businesses with a single-sector focus. We believe this will unlock new opportunities for all the people working within these brands. Our gratitude and best wishes go to everyone who has helped build the businesses to where they are today.” Read the full story here.

Australia Post Teams with Doddle in New Collect & Return Service

Australia Post is collaborating with Doddle to create a Click & Return service throughout Australia. The service will be available within 350 parcel locker locations, 4,300 Australia Post offices and 15,500 street posting boxes. It aims to make Aussie online shoppers find an easier way to collect and return their purchased items. “We are determined to provide our customers with services that make their online shopping experience seamless and even easier to access,” explained Ben Franzi, the Australia Post General Manager Parcel and Express Services/Intermediaries. “We’re excited to be working with Doddle and retail partners to give customers the flexibility they’ve been after, the ability to collect and return parcels when and where it suits them.”

Cotton On Launches in Vietnam

Cotton On is launching its first store in Vietnam, with Typo and Rubi to follow. The store opened in the Vincom Thao Dien shopping centre in Ho Chi Min – a second store is said to unveil in Aeon Mall, Ha Dong. “As a customer-driven business, we are excited to give customers in Vietnam the opportunity to shop Cotton On through our first store,” explained James Lavdas, the General Manager of Licensing at Cotton On Group. “Cotton On is a global fashion and lifestyle brand that is all about casual Australian style, [and] we’re confident our distinctive product offering resonates with customers who want access to the most effortless, on-trend products.”

Catch up on last Friday’s Freshly Squeezed news here.

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