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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.

Expansion 264
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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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Is now the time to go direct to consumer?

Inside Retail

Founded in 2010, the brand opened its first store in 2013 after capitalising on direct online sales. Speaking on the Resilient Retail Podcast, Travis Boyce, Allbirds Vice President of Marketing, said: “We’ve always been direct. Remember it’s your reputation on the line more than theirs, so you can’t fob it off.

Consumer 130
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The challenge of continually improving: Why Tinyme’s Ben Hare loves his job

Inside Retail

Our 2023 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. I was staggered at the lack of focus below the top line at that point in time,” Hare recalled. You can download it here.

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Former Coles CEO Ian McLeod reflects on a transformative career in retail

Inside Retail

Scotsman Ian McLeod has built his retail career around managing transformation, having worked on every continent of the planet except Antarctica – “There are not many stores there,” he quipped. And it varied from country to country and market to market.” Because they were the ones that were out on the front line every day. “We

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

Inside Retail

The company began offering general merchandise in 2008, transforming JD from an electronics retailer to a full-fledged e-commerce platform, and launched an online marketplace platform in 2010. The company will strive to deliver over RMB 3 trillion in benefits to front-line employees, increasing the income of 100 million farmers.

Expansion 130
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Meet online retail giant Coupang, Korea’s answer to Amazon

Inside Retail

The South Korean e-commerce marketplace was launched in 2010 by Korean-American entrepreneur Bom Kim. After its first day of trading on 11 March last year, shares in Coupang closed at US$69, giving it a market capitalisation of more than US$100 billion. How has Coupang managed to get out ahead of the pack in its home country?

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