Sun.Oct 08, 2023

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Sweet success: retro-inspired gelato chain Piccolina gears up for growth

Inside Retail

Melbourne-based gelato chain Piccolina Gelateria is set to move into a new production facility next month to facilitate its future growth, which could include interstate expansion. Known for its distinctive retro-Italian look and feel, the business offers gelato and cakes which are handmade by a team of in-house chefs at its current production facility, and then delivered to its seven Melbourne stores.

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Reasons To Be Cautious On Luxury (1)

Fashion Retail

I have always been interested in the luxury sector's business model, but also from its social and psychological perspective. Here, we are not talking about buying objects with purely tangible functionality; we are talking about positioning, beauty, status, symbolism. RBC Capital Markets has been flagging for a number of months that the luxury cycle is turning.

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King Living to make US retail debut

Inside Retail

Furniture retailer King Living is expanding its footprint into North America, opening its first US showroom in Orange County, California late this year. “After decades of research, we’ve crafted a space that aims to both inspire Californian residents as well as reflect our inherent dedication to authentic Australian design,” said King Living founder David King.

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The return of Sephoria and what it means for the future of beauty festivals

Inside Retail

Thousands of beauty-lovers descended on New York City recently to enjoy the return of Sephoria, a consumer beauty event that Sephora first launched in 2018. After cancelling the festival entirely in 2020 due to the pandemic, Sephora introduced a digital version in 2021. This year marked the return of the in-person festival, held at Skylight at Essex Crossing in Lower Manhattan, alongside the virtual version.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Fall of the zombies? Why corporate failures could surge in 2024

Inside Retail

Debt-laden companies across Europe, Middle East and Africa face a $785 billion refinancing scramble in the first half of 2024, a challenge that could kill off many “zombie” businesses even though an expected peak in rates could bring some relief. Businesses facing rising debt costs after years of low rates will have to compete to secure enough cash in the biggest corporate refinancing rush seen for years, just as banks rein in risk ahead of stricter capital rules.

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Guzman Y Guzman appoints Hilton Brett as co-CEO

Inside Retail

Quick service restaurant Guzman Y Guzman (GYG) has appointed Hilton Brett as co-CEO, effective immediately, as the company plans to launch an initial public offering and further expand in the US. Brett will be working alongside the restaurant’s founder and CEO Steven Marks, who announced in May that he would be stepping back from day-to-day operations to focus on culture and growth.

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