Sun.Feb 25, 2024

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Adore Beauty Group eyes first physical store as revenue surges

Inside Retail

Adore Beauty Group enjoyed higher revenue in the fiscal first half on the back of a record number of returning customers and more active customers. And the company has engaged a consultant to imagine how the brand could create a physical store. The cosmetics retailer’s revenue increased 7 per cent to $100.7 million while reported earnings before interest, taxes, depreciation, and amortisation surged 467 per cent to $2.4 million.

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atelier prototipi bathes futuristic LAB I boutique in hues of purple and gray

Design Boom

Lab l is a start-up project of a box-shop for the unrestricted purchase / sale of rare and conceptual garments. By its structure, the space is configured to facilitate a closer contact between the buyer and the product without a third party. The interior architecture in this scenario goes beyond local solutions, turning into a changeable relevant process.

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Unleashing the power of AI: What it means for retail in 2024

Inside Retail

The 2024 Australian Retail Outlook is out now. This must-read resource is packed with exclusive insights from Inside Retail’s survey of retailers about their performance, plans and predictions for the year ahead; trend analyses and advice from industry experts; and interviews with leading retailers, including Ikea, Lush, Outland Denim, Milligram, and many more, about their growth strategies in 2024 and beyond.

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Chai Guys Portobello cafe interior evokes "the colour of spices"

Dezeen

Local studio SODA has used warm colours and natural materials to create the first store for tea brand Chai Guys on Portobello Road in London 's Notting Hill neighbourhood. The studio drew on the "informal nature" of drinking masala chai tea when designing the interior for the cafe – the first one for the Chai Guys brand, which has previously operated from market stalls.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Opinion: Brad Banducci transformed Woolies as CEO and deserves to be recognised

Inside Retail

It is a shame that Brad Banducci’s retirement announcement as Woolworths CEO has been clouded by some poor media interviews. The first, a Melbourne radio interview defending Woolworths’ decision not to promote Australia Day merchandise, and the second, an ABC Four Corners exchange on competition in the grocery market. A testy Banducci temporarily abandoned the interview having rejected former Australian Competition and Consumer Commission chair Rod Sims’ assertion that Australia had one of

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Landlords Need Reimagined Properties And Hospitality-Infused Amenities To Lure Tenants

All Work

Landlords are redesigning office spaces with hospitality-inspired amenities and biophilic design elements to attract tenants in a market where office space demand is projected to decline. Health and wellness initiatives are increasingly integrated into workplace design, offering tenants communal, relaxing spaces and access to nature to enhance productivity and well-being.

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More Trending

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From Housing to Commerce: The Revitalization of Old Houses and Mansions

Arch Daily

This collection features various projects focused on renovating and repurposing properties, turning houses into commercial spaces, mansions into homes, and more.

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Why supermarkets are stocking breakout and trendsetting brands on their shelves

Inside Retail

Recently, the supermarket beauty aisle has undergone a makeover of sorts, with Australia’s leading supermarkets Coles and Woolworths now stocking digitally native self-care products. Nobody’s Nobody, Gem Oral Care, tbh skincare, Everyday by Frank Body and MCo Beauty are just some of the cohort of viral skincare brands that are now stocked in Coles and Woolworths.

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What if Alice’s Wonderland were hidden in the heart of the Spanish city, Madrid?

Design Wanted

In the heart of Madrid, amidst the vibrant urban landscape, lies a residential oasis that challenges the very essence of conventional living. The Scenic House, a […] The post What if Alice’s Wonderland were hidden in the heart of the Spanish city, Madrid? appeared first on DesignWanted.

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Here’s what the data says about the “new Chinese luxury consumer”

Inside Retail

China and Hong Kong have always been the primary focus for luxury brands and retailers in the Apac region. As Chinese consumer spending on luxury goods continues to surge, luxury brands are doing everything they can to enhance their overall appeal. According to Euromonitor research, Chinese consumer spending on luxury goods is expected to hit $88 billion by 2028.

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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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A vibrant hub where architecture, nature and culture meet, emerging from the lake

Design Wanted

The Nanhai Art Center, designed by the visionary minds at MAD Architects, emerges like a graceful ripple from the quiet and peaceful waters of its surroundings, […] The post A vibrant hub where architecture, nature and culture meet, emerging from the lake appeared first on DesignWanted.

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Adairs books lower net profit as customer count falls

Inside Retail

Furniture retailer Adairs says its first-half net profit and revenue have fallen, reflecting challenging macroeconomic conditions and lower customer counts in stores. The company’s net profit declined 18.9 per cent to $17.7 million as revenue slid 6.7 per cent to $302.4 million. Underlying earnings before interest and taxes fell 12.9 per cent to $30.9 million. “The first half of FY24 has been challenging given customers continue to manage their household budgets carefully, leading to

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Michael Hill delivers lower earnings amid macroeconomic challenges

Inside Retail

Michael Hill delivered significantly lower earnings before interest and taxes in the fiscal first half amid difficult macroeconomic conditions. The jewellery retailer’s comparable EBIT plummeted 43 per cent to $31.3 million while revenue, including Bevilles, slightly increased 4 per cent to $363 million. Retail revenue rose 10.2 per cent to $202.3 million in Australia and 0.5 per cent to C$88.6 million ($99.9 million) in Canada.

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