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How Castlery came back from the brink to disrupt the furniture industry

Inside Retail

Declan Ee: When we started in October 2013, there were four of us in a tiny, 84sqm basement, trying to build a global luxury brand. One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management. That’s what we’re fighting for.

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

Inside Retail

Troy McDonagh, managing director of Betty’s Burgers & Concrete Co, says he’s grateful that the chain’s restaurant in Windsor, one of three hospitality businesses located in the building that collapsed, was empty at the time. “It’s While it was Victoria’s biggest earthquake on record, no serious damage was reported.

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Analysts say Adidas took too long to cut ties with Ye over hate speech

Inside Retail

The announcement came after several days of mounting pressure on the sportswear brand to cut ties with the controversial celebrity, with whom it has worked on Yeezy-branded shoes and apparel since 2013. Have a crisis management plan ready for this type of eventuality.

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Value vs values: How will customers respond to The Iconic allegations?

Inside Retail

According to a statement provided to Inside Retail by The Iconic, an internal review of the company’s payroll systems identified underpayments and overpayments of casual employees – with 814 current and former employees impacted between 2013-2020. For there to be any real change, the management responsible must go,” she said.

Consumer 246
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Wesfarmers ultimately didn’t move forward with that plan, and instead decided to double down and invest in Kmart and Target independently. But while Target initially seemed to be in a strong position, there was a lack of stability and understanding of what made the business tick within its management ranks.

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What’s next for David Jones under Anchorage Capital? Analysts weigh in

Inside Retail

How involved will Anchorage be in the management of David Jones going forward? Walker noted that Anchorage has said it is committed to supporting David Jones CEO Scott Fyfe and his turnaround plan, which involves investing in stores and the customer experience. Still, some other key questions about the sale remain unanswered.

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How Aussie menswear brand Peter Jackson is suiting up for e-commerce expansion

Inside Retail

The brand offers international shipping for online orders but does not plan to invest in brick-and-mortar retail overseas as part of the next phase of the growth strategy. “We’re In 2013, the business expanded nationally when it opened its first store outside of Victoria in Adelaide’s Rundle Place.

Expansion 243