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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The removal of restrictions on movement in the early months of the year, coupled with pent-up demand in households, formed the catalyst for a boom in household spending; monthly retail turnover rose 12.5 Policymakers navigate a narrow path Notwithstanding the strength of the economy in 2022, the headwinds to momentum in 2023 are clear.

Flow 246
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How the beauty and sexual wellness industries became so intertwined

Inside Retail

per cent during the forecast period 2023-2030. With limited opportunities for physical interaction and heightened levels of financial, physical, and emotional stress, many consumers turned to sexual wellness products as a form of rest and relaxation. billion) in 2023 and (US$43 billion) by 2023. per cent year-over-year.

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UK Q3 Retail Performance Expectations

Retail Focus

This represents the lowest point since Q3 2020 when the UK was in the midst of tiered lockdown restrictions and about to enter Lockdown 2, and -23 points lower than Q3 2008, at the start of the Financial Crisis and the beginning of the Credit Crunch.

Consumer 130
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Director ID changes come into effect: Here’s what you need to know

Inside Retail

Updates to legislation were first announ c ed in 2018 , and passed in June 2020. The 2020 federal budget included funding to integrate the changes into the government’s Modernising Business Registers (MBR) program. Those appointed on or before October 31, 2022, must apply by November 30, 2023. Why are director IDs changing?

Form 130
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Why Hommey is opening stores, expanding overseas

Inside Retail

Justin Kestelman founded Hommey in 2020 to fill a gap in the market for modern soft furnishings. Justin Kestelman: When I moved into my apartment in 2020, I was going through the process of styling my home, and for me, it was very much about, ‘What brands am I going to start to integrate into my home? Where do I go?’

Strategy 130
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Beyond quiet hours: How global retailers cater to atypical customers

Inside Retail

The program is due to launch in other shopping precincts in the coming 12 months. There are many forms of self-regulation, and we all do it. This story first appeared in April 2023 issue of Inside FMCG Magazine. For example, biting your nails, tapping your foot or playing with your pen.

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What does the Autumn 2021 Budget mean for design?

Design Week

below where it was in early 2020. “Separate research shows that, when all taxes are considered, the UK ranks 22 nd overall on the 2020 International Tax Competitiveness Index, one place worse than in 2019 – this is something the Chancellor will need to watch in the future.” This will be worth £3.8

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