Inside Retail

JULY 16, 2023

New Zealand outdoor clothing brand Kathmandu has launched a new circular initiative, Kathman-Redu, which aims to give new life to damaged stock, as well as recycle unsellable goods in a more meaningful way. The business has long facilitated repairs for customers with damaged products, but it recently partnered with two Australian organisations – Remote Repairs and textile recycling service Upparel – to reduce its textile waste by repairing, recycling and, where possible, reselling refurbished Ka

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Fashion Fast Fashion Outdoor Accounting 246

Retail Gazette

JULY 16, 2023

Tesco is leaning on suppliers to pass on cost savings as it strives to cut prices faster than its rivals. The grocery giant met suppliers on Thursday and made clear that it wanted to lead the way on price cuts as it described the market as moving “from inflation to deflation”, according to The Sunday Times. The grocer highlighted the 50% drop in wholesale electricity prices, a 22% in plastic PET packaging prices and a 84% plummet in freight costs, within its presentation to suppliers.

Grocer 98

Grocer Wholesale Supermarket Consumer 98

Inside Retail

JULY 16, 2023

Global toy company Mattel has partnered with Retail Prodigy Group (RPG) to launch an online store in time for the Barbie movie launch. Mattel’s portfolio includes Barbie, Hot Wheels, Thomas & Friends, Fisher-Price, American Girl, Uno, Masters of the Universe, Monster High and Mega. RPG is an Australian retail franchise partner for global brands and since 2011 has worked with Nike to expand its footprint across Australia and New Zealand.

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Apparel Consumer 241

Retail Gazette

JULY 16, 2023

John Lewis boss Sharon White has cautioned that criminals have a “licence to shoplift” following a rise in cases spurred by the cost-of-living crisis. The chairwoman has called for better protection from threats and abuse for store employees in England after a change to the law in Scotland. White said shoplifting had surged 26%, citing recent research by the British Retail Consortium which found more than 850 incidents of violence and abuse towards shop workers are recorded every day.

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Finance Supermarket Shopping ATS 98

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Checkout

Inside Retail

JULY 16, 2023

Sydney-based waste recycling service RecycleSmart has raised $1.04 million through the crowdfunding platform Birchal. Co-founded by Giorgio Baracchi and Marco Prayer in 2019, the company picks up hard-to-recycle waste from households and sorts and transfers them to specialist recycling partners such as Mobile Muster, APR Plastics and the Red Cross. The company accepts soft plastics, clothes, shoes, e-waste and unwanted clothing which will be picked up for $5 a bag and up to two bags per pick up.

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Retail Gazette

JULY 16, 2023

Credit insurer Allianz Trade has slashed cover for Boohoo suppliers, which could hit the online retailer’s cashflow. Cover has been cut by an average of 50%, with some suppliers to the fast fashion retailer having their coverage level cut to zero from September, according to The Sunday Times. It follows credit insurers cutting cover for fellow fast fashion giant Asos in May.

Fast Fashion 94

Fast Fashion Fashion 94

Retail Gazette

JULY 16, 2023

Shein has been met with a new lawsuit after independent designers accused it of infringement-related racketeering activities. The suit also said the company used a “confusing corporate structure” which allowed it to get round theft accusations and “avoid liability” It noted the retailer’s “first line of defence” when met with a “copyright or trademark cease and desist letter or lawsuit” was “removing the product from its sites with blam

Fashion 52

Fashion Fast Fashion 52

Inside Retail

JULY 16, 2023

Global footwear and apparel brand New Balance has recently relocated its Australian headquarters to a converted warehouse in the recently launched Morris Moor precinct in Melbourne. This move is part of a strategic reset for the brand, which is seeking to attract younger staff and foster a more collaborative culture. Besides New Balance, the 12,500sqm Morris Moor precinct features a brewery, restaurant and beer hall.

Location 130

Location Apparel Management ATS 130

Inside Retail

JULY 16, 2023

Shares of Endeavour Group, Australia’s biggest pub owner, hit a record low on Monday after a surprise state government decision to impose identification checks and gambling limits on poker machine users. Victoria, Australia’s second-most populous state, said at the weekend it would make poker machine users register for an ID card to prevent money laundering and set a loss limit in advance to restrict problem gambling.

Grocer 130

Grocer Marketing ATS 130