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Don’t inbox-watch: How Officeworks’ merchandise GM balances his attention

Inside Retail

After a seven-year stint outside of the business I returned in 2012 and was appointed the national merchandise manager – office supplies and furniture. Instead, turn off those new message notifications and balance your attention to where it’s needed. IR: Do you have any hobbies that help you switch off and stay balanced?

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Aesop sold to L’Oreal for US$2.525 billion

Inside Retail

Natura & Co acquired a 65 per cent interest in the brand in 2012 for US$71.6 million, and four years later bought the balance, suggesting a massive capital gain from the brand which expanded significantly under Natura’s ownership.

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Dick Smith, Burger King, David Jones: Is it third time lucky for Anchorage?

Inside Retail

Anchorage struck gold with the $20 million acquisition of the Dick Smith consumer electronics chain from Woolworths Group in November 2012. Anchorage Capital, at best, added some finishing touches to Woolworths’ turnaround strategy and reworked the balance sheet for the sharemarket float. No more balance sheet shuffle .

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Reliance, Apollo lodge US$6 billion bid for Boots business

Inside Retail

Walgreen Boots was created when the US business took a 45 per cent share in Boots in 2012, with an option to buy the balance, which when executed saw the two companies merge into a new entity in December 2014. Ambani sees an opportunity to expand the Boots brand in Asia, where it already has a strong presence in Thailand.

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LVMH takes control of Off-White

Inside Retail

Abloh founded Milan-based Off-White in 2012. Under the sale agreement, LVMH will hold a 60-per-cent interest in the trademark, while Abloh will retain the balance and remain as its creative director. Expected to be completed within the next 60 days, the value of acquisition has not yet been disclosed.

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FTC Issues Green Guides Questionnaire

Hunton Andrews Kurth

The FTC’s notice seeks input on a number of areas addressed by the current Guides, which last were updated in 2012. As we recently reported , the FTC voted to issue a notice in the Federal Register seeking input on updating its Green Guides.

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How L’Occitane’s Dr Vranjes Firenze aims to grow in Australia and beyond

Inside Retail

L’Occitane also acquired a 50 per cent stake in Singaporean skincare brand Erborian in 2012. These acquisitions reflect the group’s strategy for building a geographically balanced brand portfolio of premium beauty and fragrance brands.