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Myer sacks 50 head office staff, outsourcing tech roles to India

Inside Retail

The source added that Myer did not give the employees – or even managers – any warning and that senior leaders just asked the laid off staff to come into a specified room one by one to receive the news. The company was said to have been outsourcing some of its functions as far as 2004. Inside Retail has approached Myer for comment.

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Myer sacks head office staff, outsourcing tech roles to India

Inside Retail

The source added that Myer did not give the employees – or even managers – any warning and that senior leaders just asked the laid off staff to come into a specified room one by one to receive the news. The company was said to have been outsourcing some of its functions as far back as 2004.

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Five lessons business leaders can take from the recent wave of retail collapses

Inside Retail

Despite a 20-year history since its founding in 2004, Booktopia has faced financial turmoil in recent years. Businesses can proactively detect possible risks and undertake needed changes by developing extensive financial strategies. million year-on-year in the first half of FY24, ending December 31, 2023.

Unity 147
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‘Little veins of gold’: How Tony Nash plans to grow Booktopia

Inside Retail

But despite having served as CEO since 2004, he insists the transition will largely be business as usual. “It Nash plans to follow a similar strategy when he becomes chief growth officer. . “My After 18 years at the helm of Booktopia, Tony Nash is gearing up for a new role as the company’s first-ever chief growth officer. Early days.

Planning 130
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Retail appointments of the week

Inside Retail

Prior to Versace, he was CEO at Alexander McQueen from 2004 to 2016. Ms Nason shares the values and passion of our team, and has the experience, skills and networks to make a real contribution to our sustainability strategy. Akeroyd has served at Versace as CEO since June 2016, helping the brand reorganise and accelerate its growth.

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How the return of the Victoria’s Secret fashion show could create “brand heat”

Inside Retail

First introduced in 2004, the annual fashion show was put on hiatus in 2019 after the show reported its lowest-ever ratings in 2018. Similar to Driscoll, Liza Amlani, principal and co-founder of Retail Strategy Group, believes that the return of the lingerie company’s fashion show is a positive sign.

Fashion 147
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Unconventional luxury brand collaborations are everywhere. Here’s why

Inside Retail

We wanted to investigate why this strategy appeals to Chinese luxury consumers of the post-1990s generation. The luxury strategy Luxury typically brings to mind ultra-expensive products such as yachts and private jets that are not within most people’s reach. Business managers call this approach the luxury strategy.