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Former Din Tai Fung operators fined $4 million for employment breaches

Inside Retail

The workers were mostly visa holders from Indonesia and China, mainly on student or employer-sponsored visas, and engaged in casual roles. Some wrongdoings met the definition of ‘serious contraventions’, which resulted in a tenfold increase in penalties.

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Wesfarmers’ API set to acquire Silk Laser Clinics business

Inside Retail

Silk founder and MD, Martin Perelman (pictured above), said the company’s board has determined that it is in the “best interests of shareholders to engage with API”. Last week, Wesfarmers sold all of its remaining shares in the supermarket chain, Coles Group , which it spun off in 2018. per share indicating a premium of 30.2

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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family. Myer doubled down on its customer focus with its loyalty program, Myer One, which was designed to strengthen its relationship with new and existing customers.

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Why Oroton is bringing AR mirrors to Australian fashion

Inside Retail

The plan, according to Oroton’s chief executive Jenny Child is to inspire customers to come in-store to check out the technology, as well as invite passersby to engage with the mirrors. The AR displays, which come from fashion tech company Zero10, give customers the opportunity to virtually try on items from Oroton’s new collection.

Fashion 290
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What will drive retail spending in 2018?

Barber Design

According to Retail Week, consumer spending over the festive period will determine spending in 2018. When using social channels it is important to exercise caution and don’t assume that everyone is engaged with your business or has seen your Facebook post or your tweets. The post What will drive retail spending in 2018?

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Despite being a buzzword, digital transformation has now become a defining element of modern business strategy, and its significance cannot be understated (Achille, Marchessou et Remy 2018). A profound metamorphosis – a digital transformation – is necessary to stay at the zenith of their industries (Rathnayaka 2018).

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As more jewellery brands embrace lab-grown diamonds, some fear oversupply

Inside Retail

In 2018, the US Federal Trade Commission (FTC) shifted its definition of what could be marketed as a diamond, stating that it “is no longer accurate to define diamonds as ‘natural’ when it is now possible to create products that have essentially the same optical, physical and chemical properties as mined diamonds”.

Jewelry 246