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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.
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.
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.
Between December 2016 and September 2019, the company admitted to receiving $58 million in cost-per-click fees from offers that weren’t the cheapest choice available for a given hotel. Trivago had used an algorithm to determine which travel booking site paid the highest cost-per-click fee and highlighted them on its website.
Arnott temporarily closed the company in 2012 and relaunched it in 2016. .” Arnott founded Arnsdorf in 2006 and established a following across Australia, North America, and Europe. The post Ethical fashion label Arnsdorf closes appeared first on Inside Retail Australia.
Akeroyd has served at Versace as CEO since June 2016, helping the brand reorganise and accelerate its growth. Prior to Versace, he was CEO at Alexander McQueen from 2004 to 2016. Akeroyd has also held several senior fashion roles at London-based luxury department store Harrods. “I
PE Nation creative director Pip Edwards has stepped down from the role, but will maintain her directorship and shareholding in the fashion brand she co-founded in 2016. The announcement comes just months after PE Nation’s other co-founder, Claire Greaves, stepped back from the company’s day-to-day operations back in March.
Founded in 2016 in Melbourne, Lukumades is known for its loukoumades, which are bite-sized Greek doughnut balls. Australian doughnut chain Lukumades has launched its first presence in Singapore, with a brick-and-mortar store on Arab Street. The new Lukumades Singapore store is a vegan-friendly and Halal-certified location. and $12.
Founded in 2016 by Joel Hauer, Liquor Loot offers subscription boxes and tasking packs that allow customers to try new spirits without having to purchase a full-sized bottle. The administrators have not laid off staff, and shoppers are still able to access Liquor Loot tasting packs, subscription services, and full bottles via its website.
This isn’t the first time Grill’d has run afoul of the Standards Board, having been targeted in 2016 for a series of posters which represented one of its burgers as ‘The Good Schnitzel’, but with some letters bolded to also suggest it is ‘The Good S**t’.
” After years of working in fashion, Greaves and Edwards founded PE Nation in March 2016. .” “Pip and the company are in complete support of Claire’s transition to pursue other creative endeavours and wish her the absolute best in her next chapter.”
The sustainable label was founded in 2016 by sisters Karina and Samantha Seljak with an aim to accelerate the transition towards a more circular economy. Recycled wool blanket business Seljak Brand says it will close down its store after eight years of operations, citing challenging conditions.
The Detroit-based platform first launched in 2016 as an online marketplace and now sells into more than 200 countries and territories. Earlier this year, it entered the Australian market and in May, it opened an authentication hub in Melbourne.
The regulator said that between March 2016 and October 2018, the company ran in-store and social media advertisements that claimed the phones could be used in pools or sea water. The regulator had first sued the company in July 2019.
Techtronic admitted it had entered into 97 agreements with retailers and dealers between January 2016 and July 2021. The penalties are the highest imposed for resale price maintenance in Australia, according to the Australian Competition & Consumer Commission (ACCC).
The US brand launched here in 2016 choosing a Central Coast location to kickstart its growth. The initial response to the news on social media channels such as Reddit included some praise for the burger offer but mostly questioned the cost and quality of the burgers, service and choice of locations. It had big plans to open 300 stores.
Established in 2016 by Lorraine Nguyen and Stacey Fisher, the brand sells a range of waterproof beach shoes and sandals for kids. The company’s products are made from neoprene (wetsuit material), are lightweight and waterproof and come in bright colourways.
Daniel’s established its first store in 2016, and now offers more than 50 different flavours of donuts, including Vegan and Gluten Free versions. The company purchased the Hogan’s Corner space to add to its 25 other locations in Victoria. The brand also sells pies, coffee, milkshakes and cakes.
Since launching in 2016, it has released several products including LastSwab, a reusable silicone cotton swab, and LastRound, a reusable cotton round made from 100 per cent renewable materials. Danish startup LastObject has a mission to eliminate single-use products by making even better reusable alternatives.
The 50 per cent reduction target compares with the 2016 financial year, while its prior 15 per cent goal was set in 2017. The 2023 emissions were down 22 per cent compared with 2016. The company cut its emissions by 12 per cent in the latest financial year as more of its manufacturing facilities switched to fully renewable energy.
The menswear and womenswear store, situated across two levels, was launched in 2016. “We Luxury fashion retailer Harrolds has, effective immediately, shuttered its Pacific Fair, Gold Coast, location after months of negotiations with landlord AMP Capital fell through.
million for exploiting migrant workers, including underpaying staff $653,129 between February 2016 and January 2020. Former Sushi Bay outlet operators are facing record penalties of $15.3 This is the highest amount of penalties the Fair Work Ombudsman has secured in a legal action to date, surpassing the $10.3
The 1800sqm store opened on August 27, 2016, and at the time was the brand’s sixth store in NSW. Unfortunately, we have been unable to come to an agreement with Scentre Group and will therefore close our H&M Westfield Bondi Junction store in July 2021.”.
Brands in 2016, Allegro has grown Pizza Hut Australia’s franchised store network to nearly 260. Over time, Flynn looks forward to expanding its global reach further with new concepts and markets.” Since acquiring the master franchise from Yum!
Christie Trowbridge founded Christie Nicole Bridal in 2016 after establishing her luxury lingerie business in 2013. According to the brand, the line is handcrafted in India utilising advanced hand-beading techniques. The collection is now available for pre-order internationally at prices ranging from $899 to $4885.
Established in 2016, the label sells “functional yet timeless” accessories solutions to consumers transitioning to motherhood. “During the past year, we have placed a large focus on developing our product range to attract a broader audience base to ensure the brand continues to grow its fan base.”.
Before DDB, Willingham was the global director on the Nike brand at Wieden + Kennedy, overseeing campaigns for the 2016 Olympics and 2018 World Cup, among others. Williams last year, welcomed Willingham’s appointment, and said his role will be critical in accelerating the brand’s new growth strategies across digital and international markets.
Machin was CEO and MD at Target Australia and held the COO and operations roles with Coles in Australia before returning to the UK in 2016. During his tenure, he implemented a new store format programme, which rolled out to more than 740 stores. The post Dan Murphy’s boss to head M&S Food appeared first on Inside Retail.
In 2016, Sim privatised the company, delisting from the exchange. Founded by Ron Sim with the first store opened in Singapore in 1983, the group expanded into Hong Kong, Taiwan and Malaysia before launching the Osim brand in 2993. In 2000, the brand was listed on the Singapore Exchange.
The 1800sqm store opened on August 27, 2016, and at the time was the brand’s sixth store in NSW. . Unfortunately, we have been unable to come to an agreement with Scentre Group and will therefore close our H&M Westfield Bondi Junction store in July 2021.”.
Thanks to the emergence of Gen Z, the company’s initial 2016 launch as a typical retail centre has been replaced by a landmark shopping and entertainment experience for all ages, he said. Geon Property CEO Ben Griffin.
Since 2016 MyPost Business has helped many Australian businesses manage their domestic and international sending in one place with a free and easy to set up account. Starshipit and Australia Post have previously worked together to deliver integration for eParcel contract and StarTrack shipping services.
ORTC Clothing Co, founded in 2016, provides a diverse range of clothing for children and women. “In an industry that is becoming entrenched in an accelerating e-commerce environment, we still see the importance and are excited to provide customers with an opportunity to experience our brand and range in person,” he said. .
Still a relative newcomer to the global beauty industry, Freshly Cosmetics was established in 2016 and has already been used more than a million people across 20 countries throughout Europe as well as China. The brand has a very clear vision and purpose and the company are led and guided by pioneers in R&D for natural cosmetics.
Property company Blackstone Group bought Rundle Place and the office tower at 80 Grenfell Street for $400 million in early 2016. Rundle Place has an Apple store, the Adelaide City Library, Coles supermarket and more than 50 specialty shops. The post Fortius, Irongate acquire Rundle Place for $210 million appeared first on Inside Retail.
Founder and CEO Ruslan Kogan described the record as proof of the company reaching “huge scale” from the $100 million achieved in the December 2015 half prior to the company’s listing in 2016. “We
Discount retailer The Reject Shop is facing a class action lawsuit for “purported underpayments” to staff, launched by specialist law firm Adero Law Between February 2016 and April 2021, seven former employees of the discount retailer allege underpayment during their employment with the company.
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.
Angus McKay, 7-Eleven CEO since 2016, is moving into the automotive world as executive chair and CEO at Bapcor. Bapcor’s core business is the automotive aftermarket which includes ABS, Autobarn and Midas in its retail portfolio. The AFR reports the appointment comes hot on the heels of Bapcor’s knockback of an unsolicited all-cash $1.83
Founded in 2016 by Australian sisters and fashion personalities Jess and Stef Dadon, Twoobs focuses on producing eco-friendly and comfortable footwear. Cult Australian footwear label Twoobs has expanded its presence by opening its first physical store in Byron Bay.
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.
We would seek to recover underpayments due to breaches of the Lovisa Enterprise Agreement 2014, owed to current and former employees from 2016 to the current date.”. This includes team members, senior stylists, assistant store managers, store managers, inventory managers and any other in-store employees,” said the firm. “We
In 2018, the ACCC said it found that Fitbit misrepresented consumer guarantee rights under Australian law from November 2016 to March 2017 when the company told consumers that a warranty for faulty products was valid for only one year.
Wells has been Group CFO since 2014, overseeing the finance division and leading the acquisitions of The Good Guys in 2016 and E&S this year. He returned to JB Hi-Fi as GM in 2016. In his new role, he will support the growth of the brands as part of the group’s further expansion.
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