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Australia’s social commerce market tipped to top $2.67 billion this year

Inside Retail

per cent growth this year reaching a market value of $2.67 Social commerce is defined as the use of social media and digital networks to facilitate transactions between customers and businesses. Likewise, retailers are expected to increase their investments in this space to enhance customer engagement and reach a wider audience.

Marketing 264
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Baby Bunting records higher profits, plans expansion into New Zealand

Inside Retail

Retailer Baby Bunting Group has reported strong revenue growth in the first half on the back of market-share gains. In a results presentation, Baby Bunting’s CEO and MD, Matt Spencer indicated the company has plans to enter the New Zealand market with 10 stores. The baby goods chain recorded sales of $239.1 Net profit after tax was $8.1

Expansion 130
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The Power of Net Terms: How to Fuel Expansion for Growing Wholesale Retailers

Retail Bound

In this comprehensive guide, we’ll explore the strategic utilization of net terms to drive expansion and bolster revenue growth for wholesale retailers. By providing flexibility in payment timelines, wholesale retailers can attract customers who may be inclined to purchase more goods knowing they have additional time to pay.

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Adore Beauty CEO resigns to take up new role

Inside Retail

“The foundations of our long-term growth strategy are now in place with our mobile app, loyalty program and first ‘owned brand’ all launched and scaling strongly in a market benefitting from the structural shift to e-commerce, which has seen us increase our active customer base by 90 per cent in two years.”.

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Meet Nakedvice, the brand founded by best friends in the Sportsgirl stockroom

Inside Retail

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 Locally, women’s apparel represents the largest segment with an estimated market volume of US$11.86 billion; the men’s apparel market is about half of that, worth US$6.35 billion apparel industry in Australia.

Apparel 130
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MoEngage raises $77Million Series E funding, led by Goldman Sachs Asset Management and B Capital

Retail Focus

MoEngage , the insights-led customer engagement platform, today announced that it has raised USD $77M in Series E funding. Multi-channel marketing tools available today are built to deliver campaign analytics and manage workflow automation.

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How Viktoria & Woods proves quality never goes out of style

Inside Retail

International expansion Viktoria & Woods has carved out its market share internationally and now graces the racks of prestigious British retailers Selfridges and Harrods, in addition to a few niche boutiques across the US. “We We want to maintain and slowly grow our international market.

Boutique 263