This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Other recommendations from the committee include making the Food and Grocery Code of Conduct mandatory, amending the Unit Pricing Code, and providing the Australian Competition and Consumer Commission with “sufficient funding” to regulate, investigate, enforce and prosecute competition policy matters.
Fitness tracker Fitbit is facing an $11 million penalty in Australia after admitting it committed deceptive representations about consumers’ rights to a refund or replacement if the device sold was found faulty. The post Second strike: Fitbit fined again for misrepresentation appeared first on Inside Retail Australia.
Woolworths will not face opposition from the Australian Competition & Consumer Commission (ACCC) to acquire a 55 per cent stake in Petstock – the country’s second-largest specialty pet retailer.
ADLV co-founders Jinmo and Jaemo Goo launched the streetwear business in 2017, and opened its first store in Korea’s Gangnam district. “We love seeing how consumers adapt pieces to the Australian climate. ADLV’s Australian director Ying Yang said the company knows streetwear is a staple of Australian fashion.
The beauty service chain is looking to cash in on a long-held economic theory in retail, dubbed the ‘lipstick effect’, that in times of economic hardship, consumer spending on beauty and feel-good services remains strong. Cosmetique, an Australian national cosmetic and injectables chain, has announced plans for a $17.5
“This has been yet another hard year for many Australians,” said Alan Kirkland, CEO at consumer advocacy organisation Choice, which makes the awards annually. Coles and Woolworths have received notorious Shonkys awards for making big profits amid an inflation crisis.
It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. Localised design Lekker adapted the build of its product offering to suit the Australian market and consumer preferences which contrast with the European markets. “We million this year.
KKR invested in AVC in 2017 when the company only had 50 leasehold venues. The acquisition of AVC marks PAG’s latest investment in Australia’s growing consumer sector, with previous control investments including Craveable Brands, The Cheesecake Shop, and Cordina Farms.
“Westfield Chatswood is a prominent fashion and lifestyle shopping hub, and we are ready to welcome new consumers while also establishing a new home for ADLV here in NSW,” said ADLV Australian director Yee Siang.
In the Federal Court the business admitted to staff breaching consumer law at five of its licensed Telstra stores when they manipulated credit assessments to make customers that would fail such an assessment would instead pass, failed to properly explain potential costs and mischaracterised devices as ‘free’, when they were anything but.
Launched in 2017, wholesale platform Foodbomb connects restaurants and cafes with a marketplace of around 160 suppliers, simplifying the ordering process. But, in the wake of the Covid-19 pandemic, the business opened its doors to direct-to-consumer (D2C) sales to buoy the market through periods of empty supermarket shelves.
The Retail Food Group (RFG) will pay $5 million to some franchisees of Michel Patisserie stores as part of a court-enforceable undertaking that settles the unconscionable conduct proceedings brought by the Australian Competition and Consumer Commission (ACCC). Waiving historical debts. This story originally appeared on Franchise Executives.
The Retail Food Group (RFG) will pay $5 million to some franchisees of Michel Patisserie stores as part of a court-enforceable undertaking that settles the unconscionable conduct proceedings brought by the Australian Competition and Consumer Commission (ACCC). Waiving historical debts. This story originally appeared on Franchise Executives.
Stocking a range of vegan, cruelty-free and eco-friendly beauty, personal care, lifestyle, baby and kids, pet, food and health products, the online retailer quickly connected with consumers who shop with sustainability foremost in mind. . She ranked first in Inside Retail ’s Top 50 People in E-Commerce in 2019 and 2021. million in May 2021.
As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). First opened in 2017, Nio aimed to design an experience beyond just selling a car through its exclusive lounge concepts and on-site perks.
The Australian Competition and Consumer Commission says the financial services giant has been engaging in anticompetitive conduct since 2017 in the supply of debit card acceptance services, with the purpose of substantially lessening competition.
How Showfields veered off course Showfields was co-founded in 2017 by Katie Hunt, Tal Zvi Nathanel , and Amir Zwickel. It acted as a platform for consumers to interact with and learn about a rotating variety of omnichannel and digitally native brands, by way of QR codes.
The move was welcomed in New Zealand, where Countdown Supermarkets was one of the first employers in the region to launch a Gender Affirmation Policy back in 2017, prior to combining the policy with the wider Woolworths Group the following year. The same goes for consumers. “I
Consumers are at the heart of all we do. While multinational brands had always dominated the Indian market, their beauty products were not really suited to the skin complexion of the typical Indian consumer. Celebrating uniqueness.
After all consumers still need to eat and drink,” Thao said. Coffee sales have been on the rise, especially with our consumer packaged goods segment. The ‘new normal’ with the work-from-home set up led to more consumer purchase of our instant coffee range, from the supermarkets as well as online.”.
Manufacturing and consumer goods company BWX is branching out beyond natural beauty into vegan and cruelty-free products with its acquisition of leading eco-friendly online retailer Flora & Fauna. It comes as younger consumers increasingly consider the environmental and ethical impacts of their purchasing decisions. .
This represents the largest year-on-year increase since the score begun being calculated in 2017, and is largely due to cautious consumerism and a focus on saving, rather than spending, during the pandemic. per cent to a record score of 51.1.
Il Makiage is backed by L Catterton, which invested US$29 million in the business in 2017. with over 90 per cent accuracy, without ever seeing the consumer’s face. We know how complex it is to find the perfect shade, so by utilising technology, we could provide the solution that consumers clearly were looking for.
In the early 2010s, the Millennial generation gave rise to a slew of direct-to-consumer brands, such as Everlane, Warby Parker and Bonobos. Meanwhile, Gen Z includes those born between 1996-2012 and are seen as practical consumers who have an affinity for technology and tend to research products heavily before making a purchase.
Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas. This has led a number of CPGs and FMCGs to increase their investment and focus on the Amazon platform, which provides consumers with a greater selection and assortment to choose from. Amazon announced it posted over $3.1
The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030. In recent years, India has emerged as a major market for luxury brands.
The evolution of once seemingly functional items, such as luggage, shoes and the humble water bottle, into status symbols, has led particular brands to develop cult followings and created opportunities for new products and services that cater to these consumer obsessions. The #airportoutfit has amassed over 690.3 I know what I want.
However, beauty brands and other companies in various retail sectors have been integrating AR technology into the consumer shopping experience since well before 2020. This allowed consumers to “try out” a piece of furniture and get a feel for whether or not it would work. In 2020, 83.1 million in the year prior.
While the subject of cannabis legalisation still divides countries around the world, there is no denying the influence that legal cannabis products are having on retail and consumer goods. There is sometimes confusion among consumers about the safety and legality of products such as hemp and cannabidiol. per cent from 2021 to 2028.
In line with consumer preferences, retailers of all sizes are increasingly seeking to transition from a linear to a more circular business model. And secondly, that that this could be an exciting offering for consumers, but first we needed to be able to replicate it at scale. The only limit is our imagination.
Another way Officeworks’ connects with consumers beyond the transacion is through its website. To cement its marketshare in Australia, Officeworks introduced the pricebeat guarantee in 2017 to communicate its competitive pricing structure to consumers.
Accordingly, brands spend significant time and money positioning themselves to create positive associations with consumers, whether that’s through communicating their purpose or engaging in worthy environmental or social partnerships. million in the 2017-18 financial year to $32 million in 2018-19 representing an increase of 90 per cent.
And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items. billion in 2017. However, Walmart continues to capture a greater share of shoppers and their spending as more [consumers] turn to it for lower food prices.” However, not everything has been coming up roses for the mass retailer.
The Australian Consumer and Competition Commission has given the greenlight to extend the Casual Mall Licensing Code of Practice for another 10 years, which governs how pop-up stores are able to be implemented. Brennan chaired the code’s oversight committee since 2017 when it was last authorised.
Designed and launched in 2017, Tommy Adaptive is Tommy Hilfiger’s inclusive range that makes dressing easier for adults and children with disabilities. Figuring out the language and understanding the consumer’s journey were the biggest barriers we faced in creating [our marketing campaigns].”. “We Accessible shopping experience.
Brosa attracted $5 million in Series B funding in 2017. It expanded from e-commerce – opening stores in Melbourne and Sydney in 2017 an d 2020 – invested in its technology capabilities, and strengthened its supply chain over the last few years. They’re] basing themselves on the belief that the Covid-19 dance will always continue.”.
Founded by television presenter and fashion expert Trinny Woodall at her kitchen table in 2017, the brand is known for its multitasking makeup products, such as the Lip2Cheek range, which can be used as both lipstick and blush, and BFF Eye, an award-winning serum and concealer in one. “We So far, Trinny London has raised £7.5
In 2017, the Australian Government vowed to halve Australia’s food waste by 2030 by way of the National Food Waste Strategy. The UK business operates on a subscription basis, whereas the Australian business is free for consumers to join, but supermarkets are charged per item they advertise. This has led to a different operating model.
For the year to June 2021, consumer retail spending grew by 9.1 per cent year-on-year growth in retail consumer spending to March 2022 3. We were fortunate to receive enough industry collaboration to undertake a comprehensive meta study of the retail industry incorporating home, health and beauty, and consumables.
Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. Today’s consumers expect more than just personalised experiences. And consumers can feel it. Creating cohesive customer experiences. Revolutionising loyalty programs.
The store marks the brand’s 63rd Australian location after opening its first store there in 2017. What our consumers will see is a curation of fantastic footwear, apparel and accessories that they haven’t seen before on the local market,” said Faraguna.
Petstock may be required to divest several of its recently acquired pet retail businesses due to significant competition concerns raised with the Australian Competition and Consumer Commission (ACCC) amid Woolworths’ proposed acquisition of a 55 per cent stake in the company.
Thirty percent of Americans were enrolled in a subscription service in 2022, according to a survey of 37,720 people by Euromonitor, up from 20 per cent of respondents in 2017. The FTC accused the e-commerce giant of duping “millions of consumers” into purchasing subscriptions for Prime services. The retailer reached a $2.35
Ferrero is bringing back its limited edition Kinder Bueno Coconut variant in response to consumer demand. The variant was first launched in 2017 and will be available this year from May in plain and 60p price-marked packs. This story continues at Ferrero brings back coconut favourite.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content