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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4 In the 2016 financial year, the first under Alceon ownership, Noni B posted a modest $2.2 million profit on sales of almost $111 million, with the profit certainly an improvement on the previous year.

Fashion 147
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“Frustrated”: Lovisa staff call out underpayment, poor workplace culture

Inside Retail

In FY22, Lovisa more than doubled its net profit to $58 million, up from $27.7 Allegations from staff are coming thick and fast after former employee Marissa Tukuafu shared her experiences working at Lovisa on Tiktok and went viral. million a year prior. Lovisa staff speak up.

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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

In 2016, JD.com formed a strategic alliance with Walmart, taking control of the latter’s online grocery business, Yihaodian, and giving Walmart a 5 per cent stake in JD. A nuanced perspective Xiaofeng Wang, a principal analyst at Forrester, described the roadmap as “courageous”, given how forward-looking it is.

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10 Online Businesses for Sale in April

Small Biz Trends

billion global air purifier market slated to grow at 8% through 2030. This means an SBA-backed lender has looked at it and they will consider providing a business acquisition loan to a qualified Buyer. The average NET profit margin is 15% and the gross profit margin is a solid 64%. Baby Feeding Bottle Accessories.

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From the Outback to Retail Shelves: Kakadu Kickers Shows KeHE Australia’s Best Kept Secret

Rangeme

Noni Weigand, Content & Social Media Manager at RangeMe & Graham Firrell, CEO & Founder of Kakadu Kickers The ‘Koala-fications’ of the Kakadu Plum For over 60,000 years, Indigenous Australian communities have wild-harvested and used the Kakadu Plum as a medicinal, nutritious, and tasty food source.

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Health Brand Jocko Fuel’s Amazon Success Formula: ‘Fight AI with AI’

Retail TouchPoints

“The one advantage we have over big brands is speed,” said Masciantonio, a 23-year CPG veteran who spent time at Johnson & Johnson, General Mills and Nature’s Bounty before joining Jocko Fuel. My decision-making at Jocko Fuel is three text messages. Humans just can’t move at the pace of Amazon.”. “We