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What Cosmetique’s IPO says about the booming beauty services industry

Inside Retail

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. The leading national cosmetic and injectables chain has tapped Liquidity to manage its IPO which closes on October 14.

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Woolworths, Big W, Endeavour introduce paid gender affirmation leave

Inside Retail

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 I am very proud that Allianz has taken this important step.

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Telstra fined $50m for unconscionable conduct toward Indigenous Australians

Inside Retail

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.

Consumer 217
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Spending intentions up after Australians save their way through pandemic

Inside Retail

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. ” The post Spending intentions up after Australians save their way through pandemic appeared first on Inside Retail.

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Amazon is set to take off in Australia this year, get ready

Inside Retail

Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas. And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis.

Expansion 240
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BWX goes vegan: Beauty giant snaps up online eco startup Flora & Fauna

Inside Retail

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. .

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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

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. Did we execute everything perfectly?