article thumbnail

Wesfarmers bid to pick up Priceline owner API in health play succeeds

Inside Retail

API had been locked in a tug of war between Wesfarmers and fellow pharmaceuticals firm Sigma, which made a bid at keeping Wesfarmers out of the health space , but ultimately stepped out of the contest over the weekend after the retail business upped its ownership of API to 19 per cent and said it would vote against Sigma’s deal.

article thumbnail

Wellness booms and so does the share price of pharmaceutical retailers

Inside Retail

Wellness has become a priority for people in the wake of the pandemic as evidenced by the surge in demand for health and well-being products, which is projected to reach $5.2 Priceline is another Australian pharmacy that has increased its foothold in the beauty and wellness space under the ownership of retail conglomerate Wesfarmers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Wesfarmers makes $687 million bid at picking up Priceline

Inside Retail

Wesfarmers managing director Rob Scott said the acquisition would also enable the conglomerate to enter the “growing health, wellbeing and beauty sector”. API would form the basis of a new healthcare division of Wesfarmers and a base from which to invest and develop capabilities in the health and wellbeing sector,” Scott said.

article thumbnail

API rejects “opportunistic” $687m Wesfarmers bid

Inside Retail

The board said the bid’s timing was “opportunistic”, given the impact Covid-19 has had on its retail division, and that it is well placed to bounce back from any short-term struggles with substantial growth expected in the medium-term due to its place within the health, wellness and beauty sectors. “[We]

article thumbnail

Meet the rising star of the week: Chris Haddad, Oz Hair and Beauty

Inside Retail

This week, we shine a light on Chris Haddad, CRM manager at Oz Hair and Beauty. Describe a typical day in the office for you at Oz Hair & Beauty. It’s a good balance of strategy and executional work. The post Meet the rising star of the week: Chris Haddad, Oz Hair and Beauty appeared first on Inside Retail.

Strategy 130
article thumbnail

Influence of culture on design

Design Middleeast

By collaborating with local artisans and incorporating indigenous materials and art forms, designers like Firas ensure that each project resonates with the culture of its location. The challenge lies in balancing authenticity and global appeal, ensuring the design resonates with a diverse audience while maintaining cultural integrity.

Design 59
article thumbnail

How Youtime, Endota and JSHealth are shaking up the wellness sector

Inside Retail

In essence, really, it means balance. They really believe in balance, and everything is built around that. We’ve noticed the call for organic and clean beauty has skyrocketed, as people are more conscious about the ingredients going onto their skin and into their body, which has always been an integral part of the Endota offering.