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“Transformation agenda”: MFG CEO on Bobux acquisition and growth plans

Inside Retail

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

Planning 244
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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

More recently, the company’s offline efforts have been in the convenience space, with the launch of its cashierless Amazon Go stores, and grocery, following its acquisition of the upscale US grocery chain Whole Foods in 2017. In April, Amazon opened a hair salon in London. So I’m not surprised by the move,” Facioni told Inside Retail.

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

Inside Retail

Cosmetique, an Australian national cosmetic and injectables chain, has announced plans for a $17.5 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.

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Meet the woman behind Vietnam’s fast-growing King Coffee

Inside Retail

An untold number of coffee shops across the globe have temporarily or permanently closed at the height of the pandemic but Vietnam’s TNI King Coffee has bucked the trend, opening its first store in the US early this year and pushing forward with expansion plans. After all consumers still need to eat and drink,” Thao said.

Expansion 264
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Breaking: Founder, CEO Julie Mathers to leave online retailer Flora & Fauna

Inside Retail

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 plans to take a month off, and then announce her next move in April. million in May 2021.

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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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Too big to be small: Why retailers like Brosa struggle post-Covid

Inside Retail

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. There are big discounts available for online shoppers immediately.”.

Planning 245