Late last week the WSJ revealed the much anticipated IPO for yogurt brand Chobani was delayed (again) and four senior executives including the President and COO were leaving, effective this week. Chobani has been a darling of the food industry and I have previously blogged about its rapid rise. The business claims 20% market share …
Chobani’s delayed IPO and sudden executive exits suggest culture clashes Read More »
With revenues exceeding $12bn (2020) and a market share exceeding 25% in Korea, Coupang is no minnow. The company operates a marketplace for home goods, apparel, beauty, electronics and a fresh business (called Rocket Fresh). Like Amazon, it also has an advertising business which has blossomed spectacularly. The only sour note is the share price …
Korean EC giant Coupang struggles to shake broken IPO moniker Read More »
Made famous by Pete Townsend of the Who, who famously wore Dr Martens on stage when rebelling against flower power fashion and the flamboyant colours of the psychedelic era. The dark, drab boots were originally conceived in the late 1940s, and sold primarily to Britain’s working classes. Today the brand tries hard to stick to …
With sales of $1.4b and a solid market position in the US and Australia, Greek yogurt brand Chobani joins a long list of start-ups going public. Chobani was founded by a Turkish immigrant in 2007 who bravely invested in a yogurt plant Kraft Heinz was selling in Columbus in 2005. Like many success stories, Chobani …
As Greek yogurt pioneer Chobani heads for the Nasdaq, what can it learn from Oatly? Read More »
I confess to being a GoPro user. Their small action cameras are a self indulgence which I mainly use on snowboard trips, though I did once record a webinar video on one. At GoPro’s peak in 2015 the company sold over 6 million cameras a year. Unfortunately that number is now less than half. The …