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A beading class in the rural town of Hawksnest, NSW, was the catalyst for sisters Rachel Vasieck and Hanna Vasieck to launch their on-trend designer jewellery label Francesca Jewellery in 2011. The Tasmanian brand opened its first store in Hobart in 2013, followed by a flagship store three years later at Melbourne Central. Rachel Vasieck, who, as a teenager, was an apprentice to her older sister, making hand-beaded jewellery, spoke to Inside Retail about her career journey since turning down a l
The Body Shop’s fair trade suppliers, who work with vulnerable people from the Amazon and Africa, say they have been left with more than £792,000 ($1m) worth of beauty ingredients that may never be ordered or paid for. The ethical beauty retailer, which filed for administration of its UK and German arm last week, has ties with 18 community fair trade partnerships around the world via its own scheme.
As 2024 gets underway, what are the greatest challenges and opportunities facing retail? Here is a glimpse at the top priorities of the leaders of some of the country’s biggest retailers in the year ahead. Angus McKay, CEO & managing director, 7-Eleven KPMG: What do you see as the greatest challenge to Australian retail in the year ahead? Is this a new challenge vs prior years?
The dealmaker behind Aurelius’s acquisition of The Body Shop has exited the private equity firm. Peter Wood, who was UK managing director of the investment firm, has left the business, The Telegraph reported. His resignation comes as The Body Shop was placed into administration this week, just three months after Aurelius’ £207m acquisition of the ethical beauty retailer.
The rapid rise of AI-powered displays, touchless technology, and sensory marketing is reshaping the future of in-store engagement. Yet for many retail executives, the real challenge is not identifying new tools - it is knowing which signals to trust, which inputs to prioritize, and how to architect decisions that elevate in-store leadership rather than dilute it.
Amyris has built its reputation as a biotech innovator since its founding 20 years ago by looking to develop a treatment for malaria. Today, the American firm is best known for its stable of celebrity beauty and wellness brands that it is auctioning off at a discount following its filing for Chapter 11. The company is positioning its voluntary bankruptcy as a move towards its operational and financial restructuring to advance its ongoing strategic transformation for long-term success.
Morrisons has followed Asda in launching a price match campaign on hundreds of weekly essentials against those in Lidl and Aldi. The supermarket is matching the cost of over 200 products including corn flakes, canned tomatoes, baby wipes, rice and bread as well as household cleaning products such as anti-bac spray, bleach and toilet rolls with those at the discounters.
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For many foreign retailers wanting to expand their store presence in Vietnam, the country’s Economic Needs Test (ENT) has long been a thorn in their side. Now, for retailers from the 10 other countries that signed on to a trade agreement called the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) five years ago, things just got easier.
Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comments about each article and would like to hear what you think too. Customer Service versus Customer Experience: Master both! by Reuben Yonatan (Fast Company) Customer service (CS) and customer experience (CX) are the two faces of the same coin and go hand in hand with each other.
Before the pandemic, Buy Now, Pay Later (BNPL) wasn’t a big thing. During and after the pandemic, BNPL has exploded. From a retailer/merchant perspective, Zalora has seen a huge increase in BNPL demand year-on-year. During the pandemic, Zalora wanted to help their clients, said Kannan Rajaratnam. “We wanted to give users the ability to better manage their cash flow.
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