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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Inside Retail

per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. The post Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow appeared first on Inside Retail. per cent rise in the quarter ended March.

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Two Australian furniture chains set for sale

Inside Retail

Quadrant later became a co-owner before taking full control of Amart in 2016. The retailer generates about $600 million of sales and annual earnings of $90 million. Ironbridge Capital bought the chain for $500 million in 2006. Quadrant is believed to offload Amart through a trade sale or an IPO.

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US burger brand’s comeback: Wendy’s makes its new Australian debut

Inside Retail

The Carls Jr business launched on the NSW Central Coast in 2016. With plans to open 15 outlets, so far it has expanded to Manly and Sydneys west, as well as Byron Bay and Surfers Paradise.

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Europe’s largest luxury watch house opens in Promenaden, Oslo’s Fashion District

Retail Focus

These iconic names were introduced to the area after Promenaden Management assumed control of the district in 2016. This prestigious street boasts nine of the world’s top ten luxury brands, including Gucci, Hermès, Bottega Veneta, Burberry, Saint Laurent, Moncler, Chanel, Louis Vuitton, and Dior, with Prada set to join in 2025.

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Retail Food Group settles class action filed by former franchisees

Inside Retail

The proceedings were about changes implemented to the supply chain between 2015 and 2016, and alleged breach of the Franchise Agreement, contraventions of the Australian Consumer Law and the Franchising Code of Conduct, the company said in its previous statement.

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How to manage change without burning out employees

Inside Retail

In the past three years, the average employee experienced 10 planned enterprise changes, up from two in 2016. Its exhausting and the Harvard Business Review tells us that employees willingness to support enterprise change collapsed to just 43 per cent in 2022 compared to 74 per cent in 2016.

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Luxury brand Hermès targeted by animal rights protestors

Inside Retail

PETA became a shareholder of Hermès in 2015 to push back against exposed cruelty in reptile farms in Texas and Zimbabwe, and in 2016 also revealed poor conditions for young ostriches at a Hermès supplier, before finding more poor conditions in 2017 in a Vietnam crocodile supplier.

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