Posts

5 eCommerce Brands who recently launched Pop-Ups with Storefront

Digitally native companies are increasingly testing pop-up stores around the world to drive buzz, increase visibility and test new concepts. From giants like Amazon to smaller etailers like M.M.LaFleur, Storefront has helped hundreds of eCommerce brands pop up this year in cities like New York, Los Angeles, London and Amsterdam.

For these retail brands who started their business online, a physical retail presence is helping to drive more foot traffic, increase sales and even open a more long-term brick-and-mortar space. Here are 5 of Storefront’s favourite eCommerce brands that opened pop-up stores this year:

Rue Saint Paul

Rue Saint Paul is a new luxury lifestyle brand with a mission to help women live beautifully. They curate pieces from around the world that are made in small batches, by hand, and of sustainable materials. The brand is now testing pop-up stores to tell the story of the brand and pieces to customers in person, and to test out their retail strategy before they make an investment in a permanent location of their own.

Amazon

The eCommerce giant has been testing pop-up stores since last year, and turned to Storefront to host its first-ever pop-up store in Amsterdam to learn more about its Dutch consumers. Having just launched Amazon Prime in the Netherlands, Amazon was keen to “see what would happen if we popped up in Amsterdam,” states Nick Caplin, Amazon’s Head of European Communications, and to build relationships with its customers there. The store was open for two days and “ beat its targets for the amount of people attending”.

MM.LaFleur

MM LaFleur, the popular clothing line for professional women, has been on a pop-up world tour in the last few years, making stops all over the country to expand its retail concept, drive foot traffic and launch its showroom pop-up spaces. Storefront spoke with their Director of Retail last year to get the inside scoop on its retail launches and her tips for opening a pop-up store were: “they need to be impactful, create a sense of urgency, and be a value add for the customer.”

Reset

Reset was born out of a need for effortless, flattering and affordable clothing. It launched in May 2018 and has since been focusing on physical pop-up locations to increase visibility, brand awareness, and sales. While testing out several standalone pop-up stores, the brand has also been recently collaborating with Bloomingdales to open up pop-up concepts. and just booked this Storefront space in San Francisco for 6 months, encouraging customers to “start their Reset” and introduce popular, everyday essentials.

Code8

New beauty brand Code8 is popping up in the heart of London’s Mayfair at the Burlington Arcade, a historic landmark. The brand, launched last November, was created to simplify makeup by curating universally flattering colors to suit every skintone. The brand was founded by Nadine Ayache and Sophia Chikovani, who set out to simplify the world of cosmetics for consumers, and are set to launch even more pop-up stores in 2019. In this Storefront-powered space, the brand has successfully executed a space that’s been drawing tons of consumers with lots of offerings and experiences in store.

Audax Private Equity announces recapitalisation of the Chartis Group

Audax Private Equity (“Audax”) today announced that it has recapitalised, in partnership with management, The Chartis Group, LLC (“Chartis” or the “Company”). Headquartered in Chicago, IL, and previously a portfolio company of RLH Equity Partners, Chartis is a leading provider of advisory consulting and software analytics to hospitals, health systems, and other healthcare organisations around the world. Founded in 2001, Chartis’ mission is to materially improve the delivery of healthcare by providing thought leadership, advisory, innovation, and analytics services to healthcare organisations. The Chartis management team will continue to lead the Company and, together with the Chartis consultants and employees, maintain a significant ownership position.

Ken Graboys, Chief Executive Officer of Chartis, said, “We are excited to partner with Audax and for the opportunity it provides us to continue to achieve meaningful growth and expand our impact on global healthcare. Audax brings the resources and capital to support the growth of our next generation of practice offerings, and to make strategic acquisitions.”

Young Lee, Managing Director at Audax, said, “Chartis has earned an outstanding reputation in the healthcare consulting industry demonstrated by the transformational results delivered to clients, extraordinarily talented people, and strong firm culture. We are excited to join the team as they continue to build on this success.”

Tim Mack, Managing Director at Audax, said, “We look forward to partnering with the Chartis team as they continue to provide innovation and improvements for healthcare systems, and pursue strategic add-on acquisitions and partnerships.”

Terms of the transaction were not disclosed. Lincoln International LLC acted as exclusive financial advisor and Winston & Strawn LLP served as legal counsel to Chartis. Ropes & Gray LLP served as counsel to Audax.

About the Chartis Group

The Chartis Group (“Chartis”) provides comprehensive advisory services and analytics to the healthcare industry. With expertise in strategic planning, performance excellence, informatics and technology, and health analytics, Chartis helps leading academic medical centers, integrated delivery networks, children’s hospitals and healthcare service organisations achieve transformative results. Chartis has offices in Atlanta, Boston, Chicago, New York, Minneapolis, Portland and San Francisco. For more information, visit https://www.chartis.com/

About Audax Private Equity

Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $24 billion in capital across its Private Equity and Private Debt businesses. Audax Private Equity has invested over $5 billion in more than 125 platforms and 770 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimise operations, and significantly increase equity value. With more than 240 employees and over 100 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website https://www.audaxgroup.com/

FF PHOTO

Francis Financial’s Wealth Management Process

Our relationship begins by having a conversation about what money means to you. We take a holistic approach to understanding your financial situation, so that we can craft a plan that puts you on a secure path towards your goals.

Reach out to us today for your complimentary portfolio analysis https://francisfinancial.com/

Our strategy focuses on growing your wealth. We systematically evaluate and reassess your financial position based on your values, goals and life changes.

We provide you access to our network of trusted specialists including attorneys, accountants, insurance advisors and everyone in between.

With our Plan Grow Protect® Approach, you will feel secure about your financial future.

BIG APPLE

Baker McKenzie grows Life Sciences practice in New York

The co-chairman of Morgan, Lewis & Bockius’ life sciences practice, Randall Sunberg, and partner Denis Segota are moving to Baker McKenzie in the Big Apple.

Sunberg and Segota will join Baker McKenzie as partners in its health care industry group and its North America corporate and securities practice, the firm announced Tuesday. Though they are officially members of the firm’s New York office, they will operate out of the life sciences corridor in Princeton, New Jersey.

“The international platform is just unbeatable [at Baker McKenzie],” said Sunberg, who will now serve as co-head of the firm’s North America life sciences practice.

Sunberg joined Morgan Lewis in 1999 from Shook, Hardy & Bacon and has worked with clients on M&A and private financing transactions for more than 35 years.

He works with life sciences clients from biotech startups to multinational pharmaceutical and medical device companies on complex collaborations, joint ventures and licensing transactions, as well as equity investments and alternative financing arrangements. He also works with clients on contractual arrangements for drug discovery, development and manufacturing.

It was the focus on health care and life sciences worldwide that drove the pair to make the jump to Baker McKenzie, Sunberg said. From the number of cross-border transactions to the firm’s role in M&A and emerging markets across the globe, Baker McKenzie offered “a compelling story for us and for our ability to serve our clients on an even larger platform,” he added.

And Baker McKenzie’s presence in these emerging markets provides a strategic advantage for some of the pair’s clients looking to access services in those locations.

“Our pharmaceutical clients are focusing on growth and they’re looking at emerging markets for [that] growth,” said Segota, who spent nearly 20 years at Morgan Lewis advising companies in the pharmaceutical and biotech sectors on joint ventures, strategic alliances, licensing and other arrangements promoting the research and development of new products.

Segota advises clients on M&A and private financing transactions, working with both financial institutions and companies in royalty monetizations, venture capital and other private equity financings.

“Randy and Denis are trusted advisers to companies across the life sciences sector, from biotech startups to global pharmaceutical companies,” Alan Zoccolillo, chairman of Baker McKenzie’s North America health care industry group, said in a statement.

“As health care companies look to grow in a hypercompetitive environment, they need pragmatic, business-focused solutions. Randy and Denis bring deep industry and technical knowledge that will immediately benefit our team and our clients.”

Sunberg said there is a lot of client overlap already between the firm and his and Segota’s practice, but the pair will now bring the licensing and collaboration expertise to representations on a more global scale.

“We are really looking forward to working with the rest of the health care team at Baker McKenzie to build [the practice] and make it even stronger and have a really purposeful approach toward adding elements where we think we need additional expertise to better serve our clients on their worldwide transactions,” he added.

The pair worked with Sabina Lippman and Vijay Luthra of global legal recruitment firm Lippman Jungers in their move.

The addition of Sunberg and Segota is one of the first major hires stateside for Baker McKenzie, which earlier this year added White & Case M&A attorney Peter Lu as a partner and head of the firm’s China group in London. The firm also added consultants Casey Flaherty and Jae Um as director of legal project management and director of pricing strategy, respectively, as the firm looks to re-engineer the delivery of its services.

TRI PHOTO

Trianz recognised as ‘Best Management Consulting Firm’ by Forbes

Trianz, a global digital transformation consulting and technology services firm, has achieved its second consecutive year recognition as one of ‘America’s Best Management Consulting Firms’ by Forbes in its 4th annual listing comprising 218 firms.

This year’s list, like last year’s, spotlights Trianz once again for its best-in-class advisory excellence. Forbes collaborated with the business intelligence and analytics company, Statista, to assess firms’ performances.

Trianz’ business theme, ‘Digital Evolution Simplified,’ reflects its commitment to helping organisations across industries overcome dynamic digital age challenges through simple, yet effective, techniques. The firm collaborates with business and technology leaders to transition their organisations into digital enterprises by delivering industry-leading Cloud, Analytics, Digital, Infrastructure, and Security solutions, in addition to superior Managed Services that ensure long-term success. The firm’s unique delivery model, collaborative consulting approach, and its ability to deploy impactful, game-changing technologies together provide superior value to clients.

The 2019 list was tallied based on a two-phase study comprising an expert survey (partners and project managers from management consultancies) and a client survey covering senior executives, who have previously worked with management consultancies.

Expressing their delight, Co-Presidents at Trianz, Rollen Roberson and Ganeshan Venkateshwaran said, “Being named among ‘America’s Best Management Consulting Firms’ in this year’s Forbes/ Statista list makes us proud and happy indeed. The pride comes from this honor being reflective of our clients’ and peers’ favorable opinion of us. The happiness, of course, is a function of our value proposition being re-validated by Forbes / Statista for two straight years — that we are delivering on our commitment to create meaningful business impact.”

“At Trianz, we hold receiving objective feedback in high esteem. Especially since it motivates us to constantly drive successful business results and a competitive advantage for our clients. Being ranked in a list of such stature for two consecutive years is truly encouraging,” added Prashant Bhavaraju, Vice President for Marketing at Trianz.

About Trianz

Trianz simplifies digital evolutions through effective strategies and excellence in execution. Collaborating with business and technology leaders, we help formulate and execute operational strategies to achieve intended business outcomes by bringing the best of consulting, technology experiences and execution models. Powered by knowledge, research, and perspectives, we enable clients to transition to a digital enterprise by leveraging Cloud, Analytics, Digital, Infrastructure and Security paradigms. With offices in Silicon Valley, Washington DC Metro, Rosemont, Chicago, Austin, Boston, Denver, Irvine, Raleigh, San Francisco, Seattle, New York, Dubai, Bengaluru, Hyderabad and Chennai, we serve Fortune 1000 and emerging organisations across industries globally. For more information, visit https://www.trianz.com/

New Partner PHOTO

Synpulse widens circle of Partners

International management consultancy Synpulse has two new partners. The appointments are a result of strong growth in the company’s business with banks and insurers in Singapore and Hong Kong.

Synpulse has appointed Prasanna Venkatesan and Salomon Wettstein as new partners, according to a news release on Thursday. The firm also announced that Yves Roesti has joined its team of managing partners.

Roesti is based in Singapore and responsible for Synpulse’s consulting business in Asia. He studied computer science and economics at the University of Zurich and started his career at Synpulse in Zurich in 2006. Since his relocation to Singapore in 2008, he has led the expansion of Synpulse’s consulting business in Asia.

Promoting Digital Roadmaps

In 2015, he was appointed partner. Under his leadership, Synpulse grew the team in Asia to 150 consultants across three key markets – Singapore, Hong Kong and Australia. In particular, Roesti has been promoting banking operating model transformations and digital roadmaps.

Wettstein joined Synpulse in 2011. He holds a Master in Computational Science and Engineering at the Swiss Institute of Technology (ETH) in Zurich. Wettstein heads the Hong Kong office and oversees the banking practice in the Greater China region. He manages strategic business and technology transformations for clients in that region and is part of the global Operational Excellence leadership team.

Consulting Private Banks

Venkatesan also started his career at Synpulse in 2011 and is based in Singapore. He holds an MBA from the Nanyang University of Technology (NTU) in Singapore. He specializes in consulting for the private banking sector in the areas of advisory excellence, large scale transformation and leads the regulatory, risk and compliance practice in Asia.

Since its founding in 1996, Synpulse has supported banks and insurers along the entire value chain – that is from the development of strategies and their operational realization to technical implementation and handover. Synpulse stands out due to the industry expertise, passion and commitment of its more than 350 employees. The firm has offices in Zurich, Geneva, Dusseldorf, Frankfurt, Bratislava, Vienna, Singapore, Hong Kong, New York and London.