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Natura & Co sets final deadline for The Body Shop bids

Retail Gazette

It comes as no formal offers were submitted for the retailer during the first round of non-binding bids, which expired on September 11. However, it is understood that some potential bidders have been put off by The Body Shop’s hefty £500m price tag. It follows its sale of Aesop to L’Oréal for £2bn back in April.

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Woolworths, Fable, Designerex talk the future of online retail

Inside Retail

Gradually, [a customer] might rent out a $4000 Fendi dress a few times and offset that price tag,” Kore explained. Following a recent round of customer interviews, Fable put pages of customer data into Chat GPT and asked it to pull out any key themes, saving his team hours of work.

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How Retailers and Brands can Thrive amid High Inflation

Retail TouchPoints

Visual AI automates the process of correctly tagging a large catalogue of user-generated items, as is the case with secondhand marketplaces, to ensure customers can easily connect with the right products early on. All of these strategies work in tandem to maximize your top line and bottom line all year round.

Returns 264
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Analysis: How LVMH price hikes will reverberate throughout luxury

Inside Retail

However, this latest round of price hikes is said to be the highest yet. Market research firm Bernstein found that the latest round of hikes will increase prices of women’s leather goods by 3-20 per cent, men’s leather goods by 7-10 per cent, and accessories such as scarves and jewellery by 2-6 per cent.

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“We are still in the early innings”: Liquid Death’s SVP of strategy

Inside Retail

In March, the beverage brand closed a US$67 million financing round, giving the company a US$1.4 In 2023, Liquid Death had over 3.3 million followers on Instagram and 5.3 million followers on TikTok, and US$263 million in retail scanned sales, marking its third consecutive year of triple-digit growth. billion valuation.

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TikTok for good: Vinomofo founder launches app to drive social change

Inside Retail

Good Empire, a mobile app from Andre Eikmeier, the co-founder and former CEO of online wine retailer Vinomofo, is launching in app stores on September 20 as the startup looks to raise a second round of funding from investors through the equity crowdfunding platform Birchal. . million for suicide prevention and mental health.

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Camp Puts Curation at the Center of Revenue Creation with Gift Finder Tool

Retail TouchPoints

Now, the Camp team is reflecting on its success and implementing a plan to further improve the product discovery tool for year-round revenue creation. “We As a team, we had a suspicion that people want little bit-sized pieces of context, curation and help.

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