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

Retail Focus

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

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Mastering Retail Inventory Management: The Keys to Success

Parcel Pending

Inventory management has never been more crucial as retailers adjust to post-pandemic normalcy. Here is an overview of the retail inventory management problem, strategic initiatives to lower retail store inventory, and how smart lockers can assist with omnichannel fulfillment. Maxx climbed 5%. vs. a year ago.

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In conversation with Aesop general manager, Preet Bains

Inside Retail

Here, Australia and New Zealand general manager Preet Bains discusses the brand’s omnichannel strategy, the sensory appeal of its unique stores and the key to maintaining the relevance of a legacy brand. . How would you describe Aesop’s strategy and approach to physical stores and their role? Please paint me a picture.

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Naked Brands divests lingerie brand Bendon for $1

Inside Retail

With available cash of $270 million, a clean balance sheet with no debt and a re-invigorated management team and board of directors, I could not be more excited to execute on our business strategy to ultimately drive revenue growth with positive free cash flow,” said Davis-Rice.

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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. Its valuation surged to over US$4 billion on its first day of trading in November 2021.

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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

But while Target initially seemed to be in a strong position, there was a lack of stability and understanding of what made the business tick within its management ranks. In 2002, however, the business’ managing director Larry Davis, himself originally from North America, refocused Target on bringing US-based brands into Australia.

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

Inside Retail

Other recent acquisitions of the French beauty conglomerate include the purchase of British skincare brand Elemis in 2019 for US$900 million cash, Brazilian-inspired US beauty business Sol de Janeiro in 2021 and Australian natural beauty brand Grown Alchemist in 2022.