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Tom Ford opens its first Australian Beauty concept store

Inside Retail

Tom Ford opened its first store in Australia in Sydney in 2011, and it was acquired last year by beauty behemoth Estee Lauder in a US$2.8 The corporation planned to fund this deal using cash, debt, and $300 million in delayed payments to the sellers that will become due in July 2025.

Concept 275
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Consumer class action launched against JB Hi-Fi over ‘junk’ warranties

Inside Retail

The suit is seeking refunds for consumers who bought such warranties between January 1, 2011 and November 29, 2023. They were of little or no value because – the class action argues – customers already had the same rights for free under the Australian Consumer Law. Further reading: JB Hi-Fi says full-year profit fell, but sales up 4.3

Consumer 264
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Melbourne quake raises question for retailers: Are you ready for a crisis?

Inside Retail

We have to wait until we know what the timing is and then we’ll build a plan to get it back up and going again,” he said. The big challenge is [that] a lot of our casual team have not been working a lot anyway because of lockdown, so we’re just working out a plan for those team members. In February 2011, a 6.2-magnitude

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What Bapcor can learn from Bain’s long track record of PE bids

Inside Retail

In 2011, the company set its IPO price range between US$16 and $18 per share, and when the stock first traded on the NASDAQ in July 2011 it opened at US$24.97 Ironically, in January this year, the privately owned company PNB Consolidated, which is led and primarily owned by Humble, acquired Sukin for roughly $70 million.

Marketing 278
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Foodle: the new food emporium capitalising on appetite for Asian cuisine

Inside Retail

Loh, known for successful Australian restaurant chains including Sushi Jiro, Old Beijing, and Dragon Hotpot, plans to expand the Foodle concept in the coming months. ABS data showed that the number of Australians who listed India as their country of birth increased from about 337,000 to over 700,000 between 2011 and 2021.

Location 240
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Beer Cartel invites consumers to buy up shares in the business

Inside Retail

There are also plans to introduce investor perks such as free shipping and discounted pricing on beer. In 2011, Beer Cartel purchased a bottleshop that had a storefront as well as a large warehouse where it could grow the online business. The funds raised through Birchal will be used to improve the website, logistics and marketing.

Consumer 231
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EE and ITV unveil latest store opening on the cobbles of Coronation Street, in new partnership

Retail Focus

ITV and EE today announce a new product placement partnership, with plans unveiled for EE’s latest store opening on one of the most famous streets in the UK, Coronation Street. Product placement (PP) was introduced in the UK in 2011 and ITV led the way with the very first PP on British screens.