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Second strike: Fitbit fined again for misrepresentation

Inside Retail

Fitness tracker Fitbit is facing an $11 million penalty in Australia after admitting it committed deceptive representations about consumers’ rights to a refund or replacement if the device sold was found faulty. The post Second strike: Fitbit fined again for misrepresentation appeared first on Inside Retail Australia.

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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. Localised design Lekker adapted the build of its product offering to suit the Australian market and consumer preferences which contrast with the European markets. “We million this year.

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Woolworths’ Petstock takeover cleared to proceed

Inside Retail

Woolworths will not face opposition from the Australian Competition & Consumer Commission (ACCC) to acquire a 55 per cent stake in Petstock – the country’s second-largest specialty pet retailer.

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Meet Sugar: The “anti-establishment” beauty retailer Indian consumers crave

Inside Retail

Consumers are at the heart of all we do. While multinational brands had always dominated the Indian market, their beauty products were not really suited to the skin complexion of the typical Indian consumer. Celebrating uniqueness.

Consumer 130
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Supermarket inquiry recommends laws against price gouging, land banking

Inside Retail

Other recommendations from the committee include making the Food and Grocery Code of Conduct mandatory, amending the Unit Pricing Code, and providing the Australian Competition and Consumer Commission with “sufficient funding” to regulate, investigate, enforce and prosecute competition policy matters.

Strategy 147
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Biopak acquires reusable cup company Huskee

Inside Retail

Established in 2017, Huskee is known for the HuskeeCup, a modular, reusable cup made from recycled coffee husks. Huskee’s existing team will continue under the new ownership, which plans to build upon the brand’s sustainable and ethical practices in new product releases.

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PAG buys Australian Venue Co from KKR

Inside Retail

KKR invested in AVC in 2017 when the company only had 50 leasehold venues. The acquisition of AVC marks PAG’s latest investment in Australia’s growing consumer sector, with previous control investments including Craveable Brands, The Cheesecake Shop, and Cordina Farms.

Consumer 246