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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.

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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
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AFC leading scheme to create ‘clothing circularity’ in Australia

Inside Retail

Launching in November 2021 and ending in March 2023, the scheme will provide a roadmap to hit ‘clothing circularity’ in Australia by 2030, in line with the National Waste Policy Action Plan targets, and is powered by a $1 million grant from the Federal Government.

Fashion 299
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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.

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Pitney Bowes launches delivery platform in Australia

Inside Retail

“Businesses continued to experience a rush of online orders during 2020 as employees worked from home [and] as this trend continues into 2021 it’s important to have a solution,” said Pitney Bowes Japan, Australia and New Zealand country manager and vice president Stephen Darracott.

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Spanish Fashion Giant Mango Boosts Retail Offer at Touchwood Shopping Centre in Solihull

Retail Focus

The arrival of Mango is in line with the wider strategy- developed and implemented by Touchwood owner The Ardent Companies UK (“Ardent UK”) alongside asset manager Sovereign Centros – to diversify the scheme’s offer and attract premium brands to the scheme.

Fashion 264
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In Rough Waters Ahead, Private Label Can Be a Lifesaver – If Prices are Right

Retail Focus

As 2021 winds down and retailers look ahead to 2022, they have a golden opportunity to leverage advanced data science for pricing to thoughtfully revisit strategies for their private label items, which generally drive attractive margins. Craig Marion, VP, Global Product Management, DemandTec.

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