Sun.Dec 17, 2023

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Zoë Foster Blake reacquires major stake in Go-To Skincare

Inside Retail

Zoë Foster Blake along with her co-founders have taken full control of Go-To Skincare after acquiring collapsed beauty company BWX’s stake in the business. Blake is now the majority shareholder of Go-To Skincare after the share buyback from BWX, which acquired a 50.1 per cent stake in the skincare brand for $89 million in August 2021. BWX collapsed and entered voluntary administration in April, with KPMG Australia subsequently appointed receiver. “This transaction returns control of

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Brisbane Airport extends duty-free contract with Lotte, plans unique concept

Inside Retail

Lotte Duty Free has secured an additional 10-year lease at the Brisbane Airport for an expanded store offering more product categories, effective February 1 next year. The duty-free retailer will expand its store footprint from the current 2795sqm across arrivals and departures to a 3900sqm departure store, a 1056sqm arrival store, a ‘Last Chance’ store, and a 38sqm atrium retail area. “Our renewed partnership with Brisbane Airport Corporation will create a truly amazing retail

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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 billion by 2030. Herbal supplements, vitamins and minerals and protein-based products have saturated/(flooded) the market and the businesses that sell them have experienced phenomenal growth, online during the pandemic and in the years following.

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Harvey Nichols’ closure highlights shifting luxury landscape in Hong Kong

Inside Retail

Hong Kong’s luxury retailers are adapting to fewer wealthy Chinese shoppers visiting the city and a shift towards tourists flocking to Instagram-coveted spots in trendy districts rather than splashing out on pricey branded gear. Before the pandemic, the Chinese special administrative region had bucked global trends of declining demand for multi-brand department stores and ultra-luxury brands largely due to its attractiveness to high-spending mainland visitors.

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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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Navigating the unique challenges of holiday shopping in 2023

Inside Retail

Each year the holiday season comes around quicker than ever, and as retailers prepare for the most crucial time of year, 2023 presents a distinct set of challenges that will test brands’ adaptability, resilience and innovation. Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances.

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Three ways customer data platform (CDP) can help you power smarter decisions

Inside Retail

Integrating Customer Data Platforms (CDPs) into digital strategies is crucial to building and maintaining competitive advantage and enhancing customer relationships. A CDP is a tool that serves as a brand’s single source of truth about its customers. It can pull together and securely store customer data from multiple sources, structure that data, and make it available to other systems and solutions – all in a single vertically integrated location.