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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

Some 20 stores in New Zealand are also affected, managed by the Australian business. The brand was founded in 1976 by the late Dame Anita Roddick who sold the business to L’Oreal in 2006 for £652 million, which later onsold it to Natura in 2017 for £880 million.

Shopping 290
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US firm Bluestar Alliance snaps up Scotch & Soda

Inside Retail

Scotch & Soda has been acquired by New York-based brand management firm Bluestar Alliance after filing for bankruptcy for its Dutch operations last week. Bluestar Alliance said the acquisition will allow Scotch & Soda to continue its operations and products across key markets, including the Netherlands. Despite recording €342.5

Flow 130
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Retail appointments of the week

Inside Retail

Steele has worked with Krispy Kreme since 2006, rising through the ranks from crew member to store manager and area manager. Currently the general manager for travel retail worldwide, Boinay started as a marketing trainee for L’Oreal in 1992 and has served in his current role since 2014.

Expansion 130
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The rise of Sheike: From Sydney market stall to style authority

Inside Retail

IR: I know Sheike launched an e-commerce site in 2006. So we’ll be looking to expand heavily into SA, WA, and probably the Victorian markets. Our marketing and online team worked particularly hard to generate a lot of additional content during that time to keep her engaged and active with the brand.

Marketing 130
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Retail appointments of the week

Inside Retail

Haynes, who started in Australia as territory manager in 2006, has previously held roles including chief business development officer and interim CEO. Joshi was previously IT support manager for the Retail Apparel Group. Douglas Fry, currently the country director for Subway Canada, will replace Haynes, effective September 5.

Apparel 130
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Playboy owner to 100% acquire racy lingerie brand Honey Birdette

Inside Retail

Honey Birdette was first launched in 2006, when its first boutique opened in Brisbane, selling glamorous lingerie and adult toys. This acquisition is expected to further our mission to become the leading pleasure and leisure lifestyle platform and our commitment to deliver long-term value to our shareholders.”.

Boutique 246
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How ‘ugly’ orthopaedic shoe company Birkenstock created a brand worth billions

Inside Retail

This is the opposite of the more traditional “trickle-down” phenomena, where mass-market designers and brands are influenced by high-end luxury and designer fashion. billion in 2006. Birkenstock’s collaborations with high-end designers like Dior and Manolo Blahnik have also boosted its brand equity. billion in 2021 and Crocs at US$1.15

Fashion 245