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The Berry Tea Shop launches equity crowdfunding to scale business

Inside Retail

The money raised will be used primarily to secure a new warehouse, venture into wholesale, scale marketing efforts, and introduce new products – including developing a ready-to-drink range.

Shopping 276
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Former L’Oréal Australia MD goes all in on natural skincare

Inside Retail

During Mark Tucker’s tenure as managing director of L’Oréal Australia from 2002 to 2010, annual revenue grew from $12 million to more than $400 million. billion by 2027, according to a recent report by Brandessence Market Research. . billion by 2027, according to a recent report by Brandessence Market Research. .

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“No immediate impact”: Experts weigh in on Senate Committee’s recommendations

Inside Retail

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. Any markets with unfair pricing practices and a distinct lack of competition will come under scrutiny with the report.

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

Burton’s business has changed over the years, from almost exclusively wholesale to a 75%/25% mix of wholesale and DTC, but its systems hadn’t changed with it, explained Josee Larocque, Burton’s SVP of DTC and Digital Transformation in an interview with Retail TouchPoints. Store Associates Gain Access To Up-To-Date Data.

Planning 317
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Temu’s Vietnam suspension reflects rising Southeast Asian protectionism

Inside Retail

This legislative change will affect the foreign-dominated e-commerce industry, which has enjoyed both VAT exemptions and duty-free status for imported goods valued under 1 million dong benefits that have been in place since 2010. If Vietnam imposes these curbs on cross-border e-commerce, it will be quite a story.

Wholesale 130
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Overseas expansion is risky, but these Aussie retailers are doing it anyway

Inside Retail

Enhanced market analysis and management tools generated by new technology and the attraction of international customers from online platforms are no doubt key factors. However, another driver has been the imperative to respond to the erosion of market share by international retail brands that have entered the Australian market.

Wholesale 264
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Analysis: Will the market pay 7-Eleven’s $2 billion asking price?

Inside Retail

The 7-Eleven Holdings board’s decision to seek a buyer for its network of about 750 retail outlets continues a seismic restructuring of the convenience retail market in Australia. 7-Eleven has indicated a $2 billion price tag for its 9 per cent market share in fuel sales and market-leading national convenience store network.

Marketing 147