article thumbnail

Ikea and Sephora: Why businesses need to go beyond the bottom line

Inside Retail

Just last month, the Swedish-owned furniture company pledged to accelerate efforts to strengthen children’s rights and eliminate child labour from its supply chain and is supporting the United Nations’ 2021 International Year for the Elimination of Child Labour. The company is also placing importance on its sustainability efforts.

Line 233
article thumbnail

More shoppers, higher rents boost Scentre Group bottom line

Inside Retail

Tennants achieved more than $12 billion of sales during the half year, which was $800 million more than during the first half of Covid-impacted 2021 and $500 million more than during the first half of 2019, in the pre-pandemic era. We have increased portfolio occupancy to 98.8%, up 30bps since 30 June 2021. million since January.

Line 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Tween beauty: Are brands crossing the line?

Inside Retail

billion from 2021 to 2026, with a steady annual growth rate of 6.5 Drunk Elephant is a brand that’s been front-and-centre and also the first in the firing line. The post Tween beauty: Are brands crossing the line? The teenage personal care product market is expected to grow by $8.81 I figured Sephora could wait.

Line 130
article thumbnail

Post-Christmas trading period to hit $21 billion: ARA

Inside Retail

This comes after both the ARA and NRA predicted 2021’s Christmas period would bring in close to $60 billion, and urged Australians to ‘shop early, shop often’. “A A silver lining to lockdowns is that when restrictions are lifted it does result in strong consumer spending from pent up demand,” NRA boss Dominique Lamb said. “As

Shopping 299
article thumbnail

Why Asian e-commerce giant GoTo is cutting costs despite top-line growth

Inside Retail

For GoTo, the company formed in May 2021 by a merger between Tokopedia and Gojek, 2022 is shaping up to be the year that it has made serious strides toward profitability. per cent in 2021. per cent in the first 9 months of 2021. Part of the spending was aimed at poaching the best talent from other companies. per cent last year.

Line 130
article thumbnail

Braintree Village announces the opening of regional debut for luxury brand Armani

Retail Focus

Landsec has announced that Italian luxury fashion brand Armani has opened its first-ever outlet in Essex at Braintree Village, in line with non-essential retail opening across the country. Armani’s signing at Braintree Village is the first for the outlet in 2021, following the 11 new stores that joined the destination last year. .

Fashion 279
article thumbnail

Brisbane Fashion Festival to return this year, dates revealed

Inside Retail

Seizing and expanding on the success of Brisbane Fashion Festival 2021, the 2022 Festival will continue the momentum of our successful new format within a spectacular setting, to ensure the experience is as exciting and engaging as ever.”. Tickets for last year’s event sold out within three days.

Fashion 264