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“No immediate impact”: Experts weigh in on Senate Committee’s recommendations

Inside Retail

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. However, outside of this committee, there has been a publicised difference in opinion across political lines.

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Flinders + Co to open first retail store – in South Melbourne

Inside Retail

Family-owned meat brand, Flinders + Co, will open its first retail concept store this month in Stall 13 at South Melbourne Market. South Melbourne Market was an obvious choice for our first retail store. David Madden founded the company in 2010 as a boutique lamb brand on a small island in the midst of Bass Strait.

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The “tricky business” of multibrand luxury retail

Inside Retail

The luxury market is a complicated space for multibrand retailers as high-end brands ramp up their direct-to-consumer presence at scale. He joined the company in an official capacity in 2010, learning the back end of the business’s operations, before becoming MD a decade ago after his father’s retirement. “I’ve

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Former L’Oréal Australia MD goes all in on natural skincare

Inside Retail

During Mark Tucker’s tenure as managing director of L’Oréal Australia from 2002 to 2010, annual revenue grew from $12 million to more than $400 million. billion by 2027, according to a recent report by Brandessence Market Research. . billion by 2027, according to a recent report by Brandessence Market Research. .

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The Labubu effect: How Pop Mart is leading the blind box economy

Inside Retail

Founded as a small toy store in China in 2010 by Wang Ning, Pop Mart has grown into one of the leaders in the blind box industry. Emerging markets Global expansion is now a major growth driver for the business. Pop Mart’s revenue from international markets reached 13.5 billion RMB, accounting for 29.7 per cent last year.

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“Our mission is to make retail fair”: Wolf & Badger CEO George Graham

Inside Retail

The UK-based online platform for independent and ethical brands Wolf & Badger opened its first bricks-and-mortar location in London in 2010, before adding stores in New York in 2017 and Los Angeles in 2022. Today, the US is its largest market. Over the years, we have grown substantially, but not always in a straight line.

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How Coupang, the Amazon of Korea, turned a profit 18 months after listing

Inside Retail

On 18 November, it still languished about 60 per cent below its closing price on its first day of trading, the quarterly profit is a major milestone, particularly as Coupang first began operations as a marketplace as long ago as 2010. Top line slows, bottom line fattens. In the technology sector, twelve years is a long time.

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